DocumentCode :
945570
Title :
Comprehensive Comparisons and Business Decisions
Author :
Krzyczkowski, Roman
Author_Institution :
Westinghouse Electric Corp., Baltimore, Md.
Issue :
3
fYear :
1958
Firstpage :
65
Lastpage :
71
Abstract :
The paper suggests a method of quantitatively evaluating a managerial decision as a deliberate choice between different courses of action. The method, called the ``Comprehensive Comparison Method,´´ is demonstrated in application to two examples: the first describes the author´s investigation of economic problems of submarine telephone cables. The second example presents a comprehensive comparison of radio and cable communication links. In both cases the weighting system is evolved. Analysis of the total weighted scores for each choice gives a valuable guide when the final decision has to be made. This guide should not be mistaken, however, for the decision itself.
Keywords :
Communication cables; Communication industry; Costs; Engineering management; Investments; Laboratories; Manufacturing industries; Research and development management; Telephony; Underwater vehicles;
fLanguage :
English
Journal_Title :
Engineering Management, IRE Transactions on
Publisher :
ieee
ISSN :
0096-2252
Type :
jour
DOI :
10.1109/IRET-EM.1958.5007467
Filename :
5007467
Link To Document :
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