presentation - IIASA
presentation - IIASA
presentation - IIASA
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
LIMITATIONS OF 1 st<br />
GENERATION MODEL<br />
MANAGEMENT<br />
• Decision-makers are, on average, “model averse”<br />
• Never really a market for the MMS<br />
– Cross-paradigm myopia in the OR/MS community<br />
– “The spreadsheet is the MMS”<br />
– Result: a fully functional MMS was never implemented<br />
• Data more important than models<br />
• No comprehensive, integrating theory (as in relational<br />
data world)<br />
• Internet shifted attention from static re<strong>presentation</strong>s to<br />
dynamic, distributed resources