DocumentCode
945570
Title
Comprehensive Comparisons and Business Decisions
Author
Krzyczkowski, Roman
Author_Institution
Westinghouse Electric Corp., Baltimore, Md.
Issue
3
fYear
1958
Firstpage
65
Lastpage
71
Abstract
The paper suggests a method of quantitatively evaluating a managerial decision as a deliberate choice between different courses of action. The method, called the ``Comprehensive Comparison Method,´´ is demonstrated in application to two examples: the first describes the author´s investigation of economic problems of submarine telephone cables. The second example presents a comprehensive comparison of radio and cable communication links. In both cases the weighting system is evolved. Analysis of the total weighted scores for each choice gives a valuable guide when the final decision has to be made. This guide should not be mistaken, however, for the decision itself.
Keywords
Communication cables; Communication industry; Costs; Engineering management; Investments; Laboratories; Manufacturing industries; Research and development management; Telephony; Underwater vehicles;
fLanguage
English
Journal_Title
Engineering Management, IRE Transactions on
Publisher
ieee
ISSN
0096-2252
Type
jour
DOI
10.1109/IRET-EM.1958.5007467
Filename
5007467
Link To Document