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General
Material Introduction
| Courses | General Articles
| Decision Support Systems The following links present interesting
web sites and general articles on Management Science and Operations Research.
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| Introduction |
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The INFORMS Resource Collection This is an excellent overview site
provided by INFORMS, the Institute for Operations Research and the Management
Sciences, that includes a general overview of resources concerning management
science such as courses, links, software providers, etc. A
brief history of OR/ MS, by Peter Horner In
2002, INFORMS celebrated 50 years of problems, solutions, anecdotes
and achievement. Peter Horner, the editor of OR/MS Today, describes the evolution of OR since the
formulation of Operations Research Society of America,
which was formed in the US in
1952. Solving Real-World Linear Programs: A Decade and More of Progress This
is a paper by Robert E. Bixby, from Rice University, referring to
the evolution of Linear Programming. This paper is an invited
contribution to the 50th anniversary issue of the journal Operations
Research, published by the Institute of Operations Research and
Management Science (INFORMS). It describes one person's perspective
on the development of computational tools for linear programming. It
concludes with a more detailed look at the evolution of
computational linear programming since 1987. The
Cole Library Of Rensselear At Hartford This
link includes documents on a variety of topics, including linear,
integer and non-linear mathematical programming, as well as topics
on Data Envelopment Analysis provided by Cole Library. The Cole
Library has a specialized collection of books and journals in
Computer Science, Engineering, and Business Management. Some
Tips about Successful Decision Making As you weigh the options for your
company's next step, how do you decide which way to turn? HBS professors David
A. Garvin and Michael A. Roberto offer some tips in this excerpt from Harvard
Business Review. The trick, they believe, is to "periodically assess the
decision-making process, even as it is under way. Scholars now have
considerable evidence showing that a small set of process traits is closely
linked with superior outcomes. While they are no guarantee of success, their
combined presence sharply improves the odds that you'll make a good decision."
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| Courses |
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Management
Science for Consultants
This is a site containing an overview of Management Science, developed by Prof. Michael Trick of the Graduate School of Industrial Administration (GSIA) of Carnegie Mellon University. This course is designed to give consultants (and others who want to improve their quantitative skills) an introduction to a variety of useful techniques in management science. Emphasis is on practicality, with many readings from the practitioner literature and small projects.
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Your
Company's Strategy-in Pictures, by W. Chan Kim and Renée Mauborgne
Preparing a company strategy can bury you in
data. How do you deal with both qualitative and quantitative data?
Make it easier by drawing a strategy picture, a strategy canvas,
advises this excerpt from Harvard Business Review. Here's how
Southwest Airlines found "The Big Picture."
High-Stakes
Decision Making: The Lessons of Mount Everest
On May 10, 1996, five mountaineers from two teams perished while climbing Mount Everest. Is there anything business leaders can learn from the tragedy? HBS professor Michael A. Roberto used the tools of management to find out. The paper suggests that leaders must pay close attention to how they balance competing pressures in their organizations, and how their words and actions shape the perceptions and beliefs of organization members. In addition, the case provides insight regarding how firms approach learning from past failures.
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| Decision Support Systems |
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Nowadays companies use extensively management
information systems to solve semi-structured problems and perform complicated
tasks, such as sensitivity tests and goal-seeking analysis. These systems,
known as Decision Support Systems, try to bring together human judgment and
objective information in an attempt to improve the decision making process. Introduction DSS
-- A Brief History of Decision Support Systems
This article written
by D.J. Power, explores the developments in DSS from the 1960s until the late
1980s referring to the original theory developments as well as to their
implementation. DSS
-- What is a Decision Support System?
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This comprehensive
power point presentation, by D.J. Power describes the main points of a Decision
Support System and is addressed to those who have not prior exposure to this
field. This is useful site
referring to DSS with several links developed by Vicki L. Sauter, from the
University of Missouri.
Articles Operations Research Management Science Today - June 2001 - Decision Support System Improved information
Technology and decision support systems help operations research
practitioners.
Unstructured information and DSS This is a short
article from K-Praxis referring to unstructured information, DSS, and several
software vendors.
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