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Application of Operations Research to Managerial Decision Making

Burton V. Dean
Administrative Science Quarterly
Vol. 3, No. 3, Special Issue on Decision Making (Dec., 1958), pp. 412-428
DOI: 10.2307/2390719
Stable URL: http://www.jstor.org/stable/2390719
Page Count: 17
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Application of Operations Research to Managerial Decision Making
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Abstract

Beyond the routine actions of the industrial executive are the decision-making or planning activities. Operations research has been successful in developing and applying scientific methods to aid decision makers. This article has a fivefold purpose: to outline the decision-making process and the role of the decision maker in this process; to indicate the utility of operations research in solving decision-making problems, to show how analytic models are constructed and solved, to note some tools and techniques for solving such models; and to forecast some possible future developments of operations research techniques and their possible effects upon decision making.

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