Research Reports from the Department of Operations

Document Type

Report

Publication Date

1-1-1964

Abstract

This report critiques the traditional classification of Operations Research models into eight types, highlighting their historical origins and limitations in addressing complex systems with multiple decision-makers. The study explores the potential for more general models that combine two or more model types to gain deeper insights into the behavior of complex systems. While iterative optimization of subsystems is a common approach, the analysis shows that this method is unreliable and may not achieve system-wide optimality. Instead, constructing comprehensive models of the entire system is necessary, emphasizing the need for advanced mathematical methods, particularly in solving partial difference equations. However, such comprehensive models may misrepresent individual decision-makers’ challenges by assuming knowledge of their strategies. The report argues for simulation-based investigations of complex systems, allowing information to be presented to decision-makers in forms that mirror real-world scenarios, ensuring more accurate and practical insights. [Likely published circa 1964.]

Keywords

Operations research, Mathematical models, System theory, Simulation methods

Publication Title

Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University

Issue

Technical memorandum no. 18

Rights

This work is in the public domain and may be freely downloaded for personal or academic use

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