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Parallel and Supercomputing in the Practice of Management Science

Author

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  • Stavros A. Zenios

    (Operations and Information Management Department, The Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania 19104, and Department of Business Administration, University of Cyprus, Nicosia, Cyprus)

Abstract

The performance of von Neumann (serial) computers improved by a factor of 10 6 between 1955 and 1990. Within the next decade we expect to see similar improvements delivered by parallel supercomputers. As this new technology matures, it shifts from being a research topic to being a fundamental tool for scientific, engineering, and business applications. Multiprocessor systems that once cost several million dollars and were found only in government laboratories are now very affordable. They have proliferated in academia, high-technology industries, and business. This new technology has also penetrated the practice of management science. Parallel and supercomputers could change the way management scientists apply the tools of their trade and influence the decision-making process.

Suggested Citation

  • Stavros A. Zenios, 1994. "Parallel and Supercomputing in the Practice of Management Science," Interfaces, INFORMS, vol. 24(5), pages 122-140, October.
    • Handle: RePEc:inm:orinte:v:24:y:1994:i:5:p:122-140
    DOI: 10.1287/inte.24.5.122
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    Cited by:

    1. Gavriel Yarmish & Harry Nagel & Robert Fireworker, 2014. "Recent Advances In Applications Of Mathematical Programming To Business And Economic Problems," Review of Business and Finance Studies, The Institute for Business and Finance Research, vol. 5(1), pages 19-25.
    2. Avella, P. & Benati, S. & Canovas Martinez, L. & Dalby, K. & Di Girolamo, D. & Dimitrijevic, B. & Ghiani, G. & Giannikos, I. & Guttmann, N. & Hultberg, T. H. & Fliege, J. & Marin, A. & Munoz Marquez, , 1998. "Some personal views on the current state and the future of locational analysis," European Journal of Operational Research, Elsevier, vol. 104(2), pages 269-287, January.

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