Now showing items 1-6 of 6
The Value of Decision Making in a Complex Environment: An Experimental Approach
(The European Institute of Business Administration, Fontainebleau, France, 1981)
Are the costs of time arid effort spent on analyzing decisions outweighed by benefits? This issue was examined in the context of a competitive business game where human teams were pitted against two kinds of simple-minded ...
Forecasting and planning: an evaluation
(Management Science, 1981-02)
The formal practice of forecasting and planning (F&P) has risen to prominence within a few decades and now receives considerable attention from both academics and practitioners. This paper explicitly recognizes the nature ...
If we cannot forecast how can we plan?
The purpose of this article is to deal directly and explicitly with the issues and problems currently facing forecasting, planning and strategy and to discuss how the challenges of the 1980s can be realistically and ...
Basic statistics : a user oriented approach (manuscript)
Table 2.1 shows the ages of the 230 students who entered INSEAD during the 1980/81 academic year. What can you make out of these numbers? Obνiously, the answer will depend upon who you are. Unless you haνe some objectiνe ...
Forecasting accuracy and the assumption of constancy
Statistical forecasting is based on the assumption of constancy, or structural ability in the data. This paper argues that such an assumption might not always be realistic in real life forecasting situations. Unfortunately, ...