Decision Efficiency and Effectiveness in a Business Simulation

Authors

  • Kenneth E. Newgren
  • Ralph M. Stair
  • Ralph R. Kuehn

Abstract

Using a simulation game in an undergraduate Policy class, decision efficiency; as measured by time, was compared to the decisions effectiveness, as measured by a comprehensive objective function. Mo significant correlation between decision efficiency arid decision effectiveness was found, thus supporting the general decision making literature.

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Published

1981-03-13