The Role of Heuristic Methods as a Decision-Making Tool in Aggregate Production Planning

This study aims to explain the role of heuristic methods in the decision making process and as a tool for knowledge capture. As a result, we conclude that heuristic methods give better support to the decision maker than mathematical models in many cases especially when time and cost are critical factors in decision making.

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Year of publication:	2015
Authors:	Ridha, Mahmood B.
Published in:	International Journal of Business Administration. - International Journal of Business Administration, Sciedu Press. - Vol. 6.2015, 2, p. 68-76
Publisher:	International Journal of Business Administration, Sciedu Press
Subject:	heuristic method \| production planning \| decision making \| dynamic programming

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Extent:	application/pdf text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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