Information in the operations research process |
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Authors: | Steen Hildebrandt |
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Institution: | The Århus School of Economics, Århus, Denmark |
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Abstract: | The article deals with information in the OR process. The value of an ‘optimal’ model solution which is not implemented is not very high. Many errors are due to a too narrow formulation of the problem, often a formulation which has focused on purely technical and economic aspects, or a formulation which has been adapted for a standard model. The concepts and models treated in the article take their point of departure in the actual problem. The models can be used as a frame of reference by various individuals and groups which are involved in OR work. |
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