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
Link To Document :
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