NDLI: Optimal decision making in a complex business simulation

Content Provider	IEEE Xplore Digital Library
Author	Campbell, T.L.
Copyright Year	1989
Description	Author affiliation: Pennsylvania State Univ., University Park, PA, USA (Campbell, T.L.)
Abstract	The author provides insights into the possibility of inculcating the next generation of management with a commitment to consider optimization of management decision models. The approach used was to integrate the Business Management Laboratory/Systems Laboratory for Information Management (BML/SLIM) and the Interactive Financial Planning System/Optimum (IFPS/Optimum) in a semester-long course on decision support and expert systems. Eight groups of three second-year MBA students participated for a series of three trial decisions and 12 'real' decisions with the conceptual goal of optimizing the firm's operations. The research method was a complex case-study approach modified to fit a classroom situation. One insight indicates that optimization may follow a similar trend in usage as discounted cash-flow techniques experienced in financial analysis.
Starting Page	822
Ending Page	831
File Size	721943
Page Count	10
File Format	PDF
ISBN	0818619139
DOI	10.1109/HICSS.1989.49202
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	1989-01-03
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Decision making Financial management Laboratories Information management Weapons Quality management Expert systems Pricing Project management Knowledge management
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Case-based reasoning for financial decision making

The negotiation metaphor and decision support for financial modeling

Ada and expert systems: the Intelligent Missile Project

Discovering Tacit Knowledge in Business Decision Making

Knowledge support systems for 'smarter' tactical decisions for pricing and resource allocation

A knowledge engineered linear programming formulation assistant

The MIKB model for intelligent network management

Knowledge formation in strategic management

Using the KADS methodology: expert systems in farm management

Optimal decision making in a complex business simulation

Similar Documents

Case-based reasoning for financial decision making

The negotiation metaphor and decision support for financial modeling

Ada and expert systems: the Intelligent Missile Project

Discovering Tacit Knowledge in Business Decision Making

Knowledge support systems for 'smarter' tactical decisions for pricing and resource allocation

A knowledge engineered linear programming formulation assistant

The MIKB model for intelligent network management

Knowledge formation in strategic management

Using the KADS methodology: expert systems in farm management

Optimal decision making in a complex business simulation