Business Commons^™

On The Uses Of Linear Regression Analysis In The Determination Of Continuous Utility Functions, Michael S. Salvador

Research Reports from the Department of Operations

This paper investigates the characteristics of subjective estimation, specifically with regard to those techniques used in the measurement of utility as a function of some decision alternative. Regression analysis is applied to such bivariate estimates for the purpose of obtaining a generalized representation of the functional relationship expressed by same. Then, because of special properties of the subjective estimates themselves, certain statistics are shown to exist which simultaneously provide global measures of goodness of fit and consensus; furthermore, assuming the use of an iterative data collection process, there is also provided a measure of the rate of convergence of the …

Integer Programming : Primal All-Integer Programming, Harvey M. Salkin

Research Reports from the Department of Operations

This work represents the seventh chapter of a forthcoming textbook entitled “Integer Programming” to be written by Harvey M. Salkin.

1971-04-21, Morehead State Board Of Regents

Morehead State Board of Regents Agenda Books and Meeting Minutes

No abstract provided.

1971-04-07, Morehead State Board Of Regents

Morehead State Board of Regents Agenda Books and Meeting Minutes

No abstract provided.

Nonlinear Optimization With Upper And Lower Bounds, Vaughn E. Huckfeldt

Research Reports from the Department of Operations

Many nonlinear programming problems containing only upper and lower bounds are currently solved as unconstrained problems using transformation, or penalty methods of optimization. In this thesis it is shown that (1) Goldfarb's conjugate gradient algorithm can be simplified for NLP problems containing only upper and lower bounds, (2) the simplified algorithm requires less computer storage, and fewer multiplications per iteration with no loss in accuracy, and (3) the simplified algorithm is superior to transformation, or penalty methods when tested on published nonlinear test problems. A FORTRAN code for the nonlinear algorithm for upper and lower bounds, including complete documentation, is …

Integer Programming : Dual All-Integer Integer Programming (Gomory [2]), Harvey M. Salkin

Research Reports from the Department of Operations

This work represents the sixth chapter of a forthcoming textbook “Integer Programming” to be written by Harvey M. Salkin. The cutting plane algorithm for the integer program presented in this chapter was developed by Ralph Gomory in 1960. Its similarity to the fractional method (Chapter 3) is principally due to the utilization of the (lexicographic) dual simplex method and the maintenance of (lexicographic) positive columns. The basic approach is, however, different from the fractional technique: there is no optimization, generating a constraint, reoptimization, etc. Rather, inequalities are generated at each iteration starting with the very first. Further, each of these …

An R & D Management Game, Klaus Truemper, Burton V. Dean

Research Reports from the Department of Operations

The principles of R&D project management have been combined with an existing business management game. The paper outlines the critical elements of the game, provides an analysis of results-to-date, and suggests further extensions of the game.

Computational Experience With A Traveling Salesmen Algorithm, Joseph A. Svestka, Vaughn E. Huckfeldt

Research Reports from the Department of Operations

A formulation of the traveling salesman problem with more than one salesman is offered. The particular formulation has computational advantages over other formulations. Experience is obtained with an exact branch and bound algorithm employing both upper and lower bounds (mean run time for 55 city problems is one minute). Due to the special formulation, certain subtours may satisfy the constraints, thus reducing the search. A very good initial tour and upper bound are employed. The determination of these as well as the pathology of the formulation and the algorithm are discussed. No increase in computation time over the one salesman …

No. 77 1971 April Review

International Journal for Business Education

This initiative documents the preservation and digital release of the organization’s historical print archives, representing decades of scholarship in international business education. By converting legacy issues into accessible online formats, the project enhances global access to foundational research, pedagogical innovations, and early thought leadership that shaped the field. The digitized collection provides educators, researchers, and practitioners with a comprehensive record of evolving theories, instructional practices, and international business trends. Making these archival materials publicly available supports continued inquiry, enables longitudinal analysis, and strengthens the discipline’s historical continuity. This effort reflects the organization’s commitment to advancing international business education by ensuring …

Cpa's Role In Restoring The Ecological Balance, Henry S. Sawin

Management Adviser

No abstract provided.

Cost Accounting -- Its Role In A Hospital Information System, Albert P. Ameiss, Warren A. Thompson

Management Adviser

No abstract provided.

Sixth Annual Aicpa Computer Conference, Management Services Staff Report

Management Adviser

No abstract provided.

Sales Variances: A Further Look, Robert E. Malcom

Management Adviser

No abstract provided.

What People Are Writing About, S. J. Lambert Iii, E. A. Devine, Chiou-Hsiung Chang, John N. Kissinger, Gordon S. May, Eugene R. Rozanski

Management Adviser

No abstract provided.

People, Events, Techniques, American Institute Of Certified Public Accountants

Management Adviser

No abstract provided.

Wall Street -- The Need For Long-Range Planning, Herbert A. Fraenkel

Management Adviser

No abstract provided.

Predicting Sales Effects Of Discount Changes, Philip L. Blumenthal, Jr.

Management Adviser

No abstract provided.

Management Adviser, Volume 8, Number 2, March-April 1971 (Whole Issue), American Institute Of Certified Public Accountants

Management Adviser

No abstract provided.

Application Of Operations Research In Research Planning - A Case Study, Eric C. Johnson

Research Reports from the Department of Operations

In 1966 Kennecott Copper Corporation and its subsidiary, Chase Brass and Copper Company, launched a long range research effort--the Casting Laboratory-- designed to focus on the area of casting, specifically solidification and liquid metal processing. From the outset, the Casting Laboratory implemented formal activities for the identification and evaluation of research opportunities and activities so that the results could be used for long range planning of Casting Laboratory applied research programs. The author was responsible for these activities during 1967-1970. Drawing on specific activities carried out at the Casting Laboratory during the author's tenure there and activities in which he …

Timeliness Of Library Materials Delivery: A Set Of Priorities, Arnold Reisman, J.P. Herling, M.G. Fancher Beeler, G. Kaminski, S. Srinivasan

Research Reports from the Department of Operations

This paper describes work performed to obtain a set of aggregate priorities and of values for the timeliness of delivery of library materials. The priorities were expressed through a set of weights and utility curves for eleven categories of materials handled in whole or in part by approximately 800 libraries located in the Greater Cleveland area. To obtain the needed data a panel of librarians representing several types of libraries used the Delphi Method of arriving at consensus. The results described in this paper are being used as input information in a project aimed at establishing optimum library delivery truck …

Integer Programming : Dual Fractional Mixed Integer Programming (Gomory [2]), Harvey M. Salkin

Research Reports from the Department of Operations

This work represents the fourth chapter of a forthcoming textbook “Integer Programming” to be written by Harvey M. Salkin. The mixed integer programming algorithm developed by Ralph Gomory in 1960 and presented in this chapter is a direct extension of the integer programming algorithm discussed in Chapter 3. As before, the cutting plane technique utilizes the dual simplex method and allows fractional numbers in computation and is thus classified as "dual fractional." For ease of reference, we rewrite the basic approach.

Integer Programming : Dual Fractional Integer Programming (Gomory [3]), Harvey M. Salkin

Research Reports from the Department of Operations

This work represents the third chapter of a forthcoming textbook “Integer Programming” to be written by Harvey M. Salkin. This chapter concerns itself with a cutting plane algorithm for the integer program which utilizes the dual simplex method and allows fractional numbers in computation - hence the "dual fractional" reference. We outline the basic approach for the integer program extension to the mixed case appears in the next chapter.

An Efficient One-Dimensional Search Procedure For Barrier Function, Leon S. Lasdon, Richard L. Fox, Margery W. Ratner

Research Reports from the Department of Operations

Interior penalty functions are a popular approach for solving non-linear constrained optimization problems. Most current methods for minimizing such functions require a one-dimensional minimization along specified search directions, and this can be quite difficult, since the function approaches +∞ along the boundaries of the feasible set. A special purpose algorithm is described which alleviates this difficulty by using a simpler approximating function which also goes to infinity near the boundary. Numerical results are presented, showing that the number of function evaluations and computation time are reduced by factors of about three and two respectively. The ideas are easily extended to …

Mathematical Modeling Optimization And Simulation Improve Large-Scale Finished Goods Inventory Management, Michael S. Salvador, Muhittin Oral, Arnold Reisman, Burton V. Dean

Research Reports from the Department of Operations

This article describes an inventory control study conducted for a large manufacturing company involving the distribution of over 7,000 line items through six major warehouses and nearly 800 authorized distributors across the U.S. The study's success, rare in systems of this scale, addressed challenges including unfamiliarity with research methods, inadequate evaluation of parameters, and lack of practical recommendations. A task force comprising operations research faculty, graduate students, and company managers collaborated to optimize inventory control while maintaining a predetermined service level. The study focused on evaluating holding, setup, and shortage costs, with a particular emphasis on shortage costs. Extensive computer …

Integer Programming : Introduction To Integer Programming, Harvey M. Salkin

Research Reports from the Department of Operations

This work represents the second chapter of a forthcoming textbook “Integer Programming” to be written by Harvey M. Salkin.

The New Director, Department Of Agriculture, Western Australia

Journal of the Department of Agriculture, Western Australia, Series 4

The former Deputy Director, Mr. E. N. Fitzpatrick, is the New Director of Agriculture.

Director Of Agriculture Retires, Department Of Agriculture, Western Australia

Journal of the Department of Agriculture, Western Australia, Series 4

In the June, 1934, issue of the Journal of Agriculture appeared an article entitled "A modified rotation for the wheat belt", by T. C. Dunne and F. L. Shier, which advocated a new rotation of pasture, fallow and cereals to replace the crop-fallow rotation generally used at that time.

Dr. Dunne retired on May 8 after 45 years' service to the Department of Agriculture. He had been Director of Agriculture for more than 10 years.

Introducing The Hon. H.D. Evans, Department Of Agriculture, Western Australia

Journal of the Department of Agriculture, Western Australia, Series 4

THE new Minister for Lands, Agriculture and Immigration the Hon. Hywell David Evans (46) brings to bis work a background of country experience.

Industrial Resources: Henry County - Eminence, Kentucky Library Research Collection

Henry County

"Industrial Resources: Eminence, Kentucky" prepared by the Kentucky Department of Commerce in cooperation with the Eminence Chamber of Commerce, 1971. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, education and health facilitates, housing, communications, recreation, natural resources, markets and climate.

Industrial Resources: Oldham County, Kentucky Library Research Collections

Oldham County

"Industrial Resources: Oldham, Kentucky" prepared by the Kentucky Department of Commerce in cooperation with the LaGrange-Oldham County Chamber of Commerce, 1971. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.