• DocumentCode
    1533457
  • Title

    Improved management decisionmaking using optimization of a nonlinear mixed-integer financial model

  • Author

    Bentley, G.K. ; Karo, D.P. ; Vander Velde, W.E.

  • Author_Institution
    Avco Systems Textron, Wilmington, MA, USA
  • Volume
    17
  • Issue
    5
  • fYear
    1987
  • Firstpage
    833
  • Lastpage
    840
  • Abstract
    A nonlinear mixed-integer financial model and optimization algorithm are described that support management decisions for one defense contractor. Counterintuitive insights have been uncovered that improve financial performance at less cost and with greater confidence than traditional alternatives. It is argued that normal search routines would have been unlikely to uncover these insights.
  • Keywords
    finance; management; optimisation; decision support; decision-making; management; nonlinear mixed-integer financial model; optimization; search routines;
  • fLanguage
    English
  • Journal_Title
    Systems, Man and Cybernetics, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0018-9472
  • Type

    jour

  • DOI
    10.1109/TSMC.1987.6499290
  • Filename
    6499290