Research Reports from the Department of Operations
Document Type
Report
Publication Date
1-5-2015
Abstract
This paper introduces a strategic planning process model tailored for barter and other compensatory arrangements, expanding upon other research on the topic. The model integrates concepts from utility theory, addressing scenarios with multiple potential outcomes, decision makers, and criteria. A cost-benefit analysis framework is employed, utilizing decision tables to evaluate and optimize these complex arrangements. The approach provides a systematic methodology for decision-making in contexts involving multiple variables and stakeholders. [Published circa 1988-1990.]
Keywords
Operations research, Exchange--Mathematical models, Utility theory, Decision making
Publication Title
Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University
Issue
Technical memorandum no. 652
Rights
This work is in the public domain and may be freely downloaded for personal or academic use
Recommended Citation
Kamrad, Bardia and Reisman, Arnold, "A Strategic Planning Process for Barter or Other Compensatory Arrangements" (2015). Research Reports from the Department of Operations. 567.
https://commons.case.edu/wsom-ops-reports/567
