Application of Quantitative Analytical Techniques to a Chemical Discarding Problem

Jag Bushan Koul and Gamini Gunawardane
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Jag Bushan Koul: Quality Control Department, Chrysler Defense Inc., Box 700, Eynon, Pennsylvania 18403
Gamini Gunawardane: University of Scranton, Scranton, Pennsylvania 18510

Interfaces, 1982, vol. 12, issue 1, 1-5

Abstract: This paper describes an application of quantitative decision-making tools such as regression analysis, managerial probability assessment, and decision theory to a problem of chemical discarding at the Chrysler Defense Inc. Scranton Defense Plant. The implementation of the policy recommended in this analysis has resulted in significant dollar savings, as well as social benefits.

Keywords: statistics: regression; industries: chemical (search for similar items in EconPapers)
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orinte:v:12:y:1982:i:1:p:1-5

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