Schwarz, Leroy B.; Johnson, Robert E. - In: Management Science 24 (1978) 8, pp. 844-849
More than twenty years after the publication of the Linear Decision Rule (LDR) of Holt, Modigliani, Muth, and Simon (HMMS), the LDR remains an implementation failure. No company is reported to be using it. This paper hypothesizes that the reason for this failure may be a very simple one: the...
