The Affair Between the Land Developer and the Management Scientist

Herbert S. Winokur, John B. Frick and James C. Bean
Additional contact information
Herbert S. Winokur: Pacific Holding Corporation, Murdock Plaza, 10900 Wilshire Blvd, Los Angeles, California 90024
John B. Frick: Ronald Burks Investments, Inc., Skirvin Plaza Hotel, One Park Avenue, Oklahoma City, Oklahoma 73101
James C. Bean: Department of Industrial and Operations Engineering, The University of Michigan, Ann Arbor, Michigan 48109

Interfaces, 1981, vol. 11, issue 5, 50-56

Abstract: To date, there has been little use of Management Science techniques by land developers. But the land development business is changing; the rising value of real estate has made traditional “quick development” a less attractive plan. Both the number of regulatory approvals required and the extent of detailed analyses required to justify each are increasing. Management Science techniques are one way the developer can handle these new complexities. This paper details an application of Management Science techniques to solve one real problem.

Keywords: programming; linear; application; construction (search for similar items in EconPapers)
Date: 1981
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