| Article ID: | iaor199145 |
| Country: | United States |
| Volume: | 29 |
| Start Page Number: | 69 |
| End Page Number: | 73 |
| Publication Date: | Dec 1988 |
| Journal: | Production and Inventory Management Journal |
| Authors: | Bush Chandler M., Cooper W. Douglas |
| Keywords: | artificial intelligence: decision support |
With microcomputers available to managers in the decision-making process, it is now possible to combine classical decision theory techniques with the PC to provide useful and timely decision aids for these managers. The authors illustrate a model for a classical decision process involving inventory quantities of products subject to high risk of market obsolescence.