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Interactive LP models in management--An analogue approach


  • Walton, Jhd


The history is traced over 10 years of a project directed towards extending the use of Linear Programme methods by managers and planners themselves. Both computational aspects as they affect the end user, and possible alternatives to digital computation, are discussed in the light of practical experience and of recently proposed criteria for mathematical modelling in a managerial environment. The operating principles of an LP-based electronic analogue system are described, along with some of its observed implications in terms of human behaviour. It is concluded that LP and related techniques have hardly begun to exploit their potential, both as a control medium and as a language of managerial communication; that the concept of direct optimisation is largely irrelevant and has formed a barrier against implementation; and that the field of application for LP models is far wider than can be adduced by rigorous analysis, or by working to the practical bounds of digital computation.

Suggested Citation

  • Walton, Jhd, 1977. "Interactive LP models in management--An analogue approach," Omega, Elsevier, vol. 5(3), pages 293-307.
  • Handle: RePEc:eee:jomega:v:5:y:1977:i:3:p:293-307

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    References listed on IDEAS

    1. Richard Ehrhardt, 1979. "The Power Approximation for Computing (s, S) Inventory Policies," Management Science, INFORMS, vol. 25(8), pages 777-786, August.
    2. Richard Ehrhardt & Charles Mosier, 1984. "A Revision of the Power Approximation for Computing (s, S) Policies," Management Science, INFORMS, vol. 30(5), pages 618-622, May.
    3. Arthur F. Veinott, Jr. & Harvey M. Wagner, 1965. "Computing Optimal (s, S) Inventory Policies," Management Science, INFORMS, vol. 11(5), pages 525-552, March.
    4. Eliezer Naddor, 1975. "Optimal and Heuristic Decisions in Single-and Multi-Item Inventory Systems," Management Science, INFORMS, vol. 21(11), pages 1234-1249, July.
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