IDEAS home Printed from https://ideas.repec.org/a/sae/entthe/v3y1979i4p31-41.html
   My bibliography  Save this article

Goal Programming for Decision Making in Closely Held Businesses

Author

Listed:
  • Sang M. Lee
  • Robert T. Justis
  • Lori Sharp Franz

Abstract

There are few analytical and managerial tools available to assist the small business decision maker. This paper presents a practical goal Programming model which can be easily generalized to fit the planning needs of most small businesses. Specifically the model explicitly considers the multiple goals and priorities of the owner-manager and determines if these goals can be accomplished under various demand Projections. An illustrative example of the use of this model with a small fast-food business is given.

Suggested Citation

  • Sang M. Lee & Robert T. Justis & Lori Sharp Franz, 1979. "Goal Programming for Decision Making in Closely Held Businesses," Entrepreneurship Theory and Practice, , vol. 3(4), pages 31-41, April.
  • Handle: RePEc:sae:entthe:v:3:y:1979:i:4:p:31-41
    DOI: 10.1177/104225877900300404
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/104225877900300404
    Download Restriction: no

    File URL: https://libkey.io/10.1177/104225877900300404?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cinzia Colapinto & Raja Jayaraman & Simone Marsiglio, 2017. "Multi-criteria decision analysis with goal programming in engineering, management and social sciences: a state-of-the art review," Annals of Operations Research, Springer, vol. 251(1), pages 7-40, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:entthe:v:3:y:1979:i:4:p:31-41. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.