Letter to the Editor---Simulation by Computation as an Operations Research Tool
Cuthbert C. Hurd
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Cuthbert C. Hurd: International Business Machines Corporation
Operations Research, 1954, vol. 2, issue 2, 205-207
Abstract:
An object of operations research in business is to apply scientific methodology to the solution of management problems; in particular, the operations-research tool, simulation, in useful. In this paper the simulation employed in two engineering design problems is described, and it is shown that similar methods can be employed in two other management problems: estimation of costs and machine shop loading. Operations Research , ISSN 0030-364X, was published as Journal of the Operations Research Society of America from 1952 to 1955 under ISSN 0096-3984.
Date: 1954
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Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:2:y:1954:i:2:p:205-207
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