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Intuitive versus optimal solutions to some problems in distribution

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  • Taylor, Paul Barrington
  • Iwanek, Robin

Abstract

This paper is concerned with the issue of assessing the relative performance of unaided decision-makers and model-based optimal solutions to managerial decision problems. This has important implications for project selection, research direction and management training. Some possible approaches designed to achieve such comparisons are examined and examples given. Some experimental studies are reported, set in the context of distribution management, which make use of one of the research strategies discussed.

Suggested Citation

  • Taylor, Paul Barrington & Iwanek, Robin, 1980. "Intuitive versus optimal solutions to some problems in distribution," Omega, Elsevier, vol. 8(2), pages 183-192.
    • Handle: RePEc:eee:jomega:v:8:y:1980:i:2:p:183-192
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