MS Implementation: A Parable
John P. Phillips
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John P. Phillips: School of Business, Campus Box 106, Southern Illinois University, Edwardsville, Illinois 62026
Interfaces, 1979, vol. 9, issue 4, 46-48
Abstract:
An essay about a young MBA graduate who became and administrative assistant to the plant manager of a good-sized manufacturing facility. The morales of the story are: (1) An optimal solution derived by suboptimal methods is still optimal, (2) He who derives an optimal solution at a cost in excess of its benefit is indeed stupid, and (3) Do not expect people to believe you have arrived at optimality unless you can explain it, and how you got there.
Keywords: professional:; OR/MS; implementation (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orinte:v:9:y:1979:i:4:p:46-48
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