Quantitative Planning And Control. Essays In Honor Of William Wager Cooper On The Occasion Of His 65th Birthday

WILLIAM W A G E R COOPER QUANTITATIVE PLANNING AND CONTROL Essays in Honor of William Wager Cooper on the Occasion of His 65th Birthday Edited by YUJI IJIRI Graduate School of Industrial Administration Carnegie-Mellon University Pittsburgh, Pennsylvania ANDREW B. WHINSTON Graduate School of Industrial Administration Purdue University West Lafayette, Indiana ACADEMIC PRESS New York A Subsidiary of Harcourt Brace Jovanovich, San Francisco Publishers London 1979 COPYRIGHT © 1979, BY ACADEMIC PRESS, I N C . ALL RIGHTS RESERVED. NO PART OF THIS PUBLICATION MAY BE REPRODUCED OR TRANSMITTED IN ANY FORM OR BY ANY MEANS, ELECTRONIC OR MECHANICAL, INCLUDING PHOTOCOPY, RECORDING, OR ANY INFORMATION STORAGE AND RETRIEVAL SYSTEM, WITHOUT PERMISSION IN WRITING FROM THE PUBLISHER. A C A D E M I C PRESS, I N C . I l l Fifth Avenue, New York, New York 10003 United Kingdom Edition published by A C A D E M I C PRESS, I N C . ( L O N D O N ) L T D . 24/28 Oval Road, London NW1 7DX Library of Congress Cataloging in Publication Data Main entry under title: Quantitative planning and control. Includes bibliographies. 1. Management—Mathematical models—Addresses, essays, lectures. I. Cooper, William Wager, Date II. Ijiri, Yuji. III. Whinston, Andrew B. HD30.25.Q35 658.4Ό1 78-22529 ISBN 0 - 1 2 - 3 7 0 4 5 0 - 2 PRINTED IN THE UNITED STATES OF AMERICA 79 80 81 82 9 8 7 6 5 4 3 2 1 List of Contributors Numbers in parentheses indicate the pages on which the authors' contributions begin. A. CHARNESt (xxv, 3), Center for Cybernetic Studies, Graduate School of Business, University of Texas, Austin, Texas 78712 F. GLOVERt (141), Graduate School of Business Administration, Uni­ versity of Colorado, Boulder, Colorado 80309 MYRON J. GORDON t (71), Faculty of Management Studies, University of Toronto, Ontario, Canada V. GOVINDARAJAM (311), Indian Institute of Management, Ahmedabad, India ANIL K. GUPTAH, (311), Graduate School of Business Administration, Harvard University, Boston, Massachusetts 02163 YUJI IJIRIt (259), Graduate School of Industrial Administration, Carnegie-Mellon University, Pittsburgh, Pennsylvania 15213 R. JAGANNATHANt (23), College of Business Administration, Univer­ sity of Iowa, Iowa City, Iowa 52242 D. KARNEY (141), The Williams Companies, Tulsa, Oklahoma 74103 D. KLINGMAN (141), Department of General Business, University of Texas, Austin, Texas 78712 FERDINAND K. LEVY* (103), College of Industrial Management, Georgia Institute of Technology, Atlanta, Georgia 30332 t Former faculty associates of William Wager Cooper at Graduate School of Industrial Administration, Carnegie-Mellon University. $ Former students of William Wager Cooper at Graduate School of Industrial Administra­ tion, Carnegie-Mellon University. 1 Former students of William Wager Cooper at Harvard Business School. § Former students of William Wager Cooper at School of Urban and Public Affairs, Carnegie-Mellon University. XI Xll LIST OF CONTRIBUTORS KATHY A. LEWIS§ (185), Graduate School of Business, Columbia University, New York, New York 10027 TAKEHIKO MATSUDAij: (231), Department of Systems Science, Tokyo Institute of Technology, Tokyo, Japan BERTIL N Ä S L U N D t (111), Stockholm School of Economics, Stock­ holm, Sweden R. J. NIEHAUS§ (207), Office of Civilian Personnel, U.S. Department of Navy, Washington, D.C. 20390 D. NITTERHOUSEH (207), Graduate School of Business Administration, Harvard University, Boston, Massachusetts 02163 M. R. RAO$ (77), Indian Institute of Management, Bangalore, India N. V. RATNAM (77), Indian Institute of Management, Bangalore, India VICENTE SALAS (269), Facultad de Ciencias Economicas y Em· presariales, Universidad de Zaragoza, Zaragoza, Spain ARIE P. SCHINNAR§ (165)