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Application of Quantitative Analytical Techniques to a Chemical Discarding Problem

Author

Listed:
  • Jag Bushan Koul

    (Quality Control Department, Chrysler Defense Inc., Box 700, Eynon, Pennsylvania 18403)

  • Gamini Gunawardane

    (University of Scranton, Scranton, Pennsylvania 18510)

Abstract

This paper describes an application of quantitative decision-making tools such as regression analysis, managerial probability assessment, and decision theory to a problem of chemical discarding at the Chrysler Defense Inc. Scranton Defense Plant. The implementation of the policy recommended in this analysis has resulted in significant dollar savings, as well as social benefits.

Suggested Citation

  • Jag Bushan Koul & Gamini Gunawardane, 1982. "Application of Quantitative Analytical Techniques to a Chemical Discarding Problem," Interfaces, INFORMS, vol. 12(1), pages 1-5, February.
    • Handle: RePEc:inm:orinte:v:12:y:1982:i:1:p:1-5
    DOI: 10.1287/inte.12.1.1
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