Journal of the Operational Research Society · 1980 · 90 citations · 5 references
BusinessDecision SciencesDecision TheoryOptimizationUncertainty QuantificationDecision Under UncertaintyDecision-making Under UncertaintyOptimization Under UncertaintyRobust Decision MakingRobust OptimizationUncertainty AnalysisPlan Robustness AssessmentRobustness AnalysisSensitivity Analysis PlanningUncertainty Analysis In PlanningUncertainty-aware Planning
A companion paper found that the principal planning methodologies embody procedures which tend to generate plans which are inflexible; and identified characteristics which a methodology for flexible planning should exhibit. In this paper an integrated methodology incorporating these features is proposed. Centred on robustness analysis it is non-optimising, being based on the establishment of feasible alternative plans; it accepts future uncertainty as a defining characteristic and attempts to keep options open; and it can facilitate participation. The potential advantages and disadvantages of the methodology are discussed; and some technical options in robustness analysis are presented in an Appendix.
5
A concept of corporate planning
Russell L. Ackoff · Long Range Planning · 1970 · 668 citations
Robustness in Sequential Investment Decisions
S. K. Gupta, Jonathan Rosenhead · Management Science · 1968 · 167 citations
Jonathan Rosenhead · Journal of the Operational Research Society · 1978 · 30 citations
Education, Instruction, Pedagogy +3