Spreadsheets and optimization: Complementary tools for decision making

Spreadsheets and optimization: Complementary tools for decision making

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Article ID: iaor199081
Country: United States
Volume: 27
Start Page Number: 36
End Page Number: 46
Publication Date: Apr 1986
Journal: Production and Inventory Management Journal
Authors:
Abstract:

Microcomputer-based electronic spreadsheets and otpimization models have inherent limitations when used in isolation. When joined together, however, they can provide powerful decision-support tools for managers. In this article a simple production-planning example illustrates these ideas.

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