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