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| Author: | Troutt, M. D. Tadisina, S. K. Clinton, R. J. |
| Title: | Interactive optimization aspects of electronic spreadsheet models for design and planning |
| Journal: | Journal of the Operational Research Society
1991 : MAY, VOL. 42:5, p. 349-356 |
| Index terms: | INTERACTIVE COMPUTING OPTIMIZATION PLANNING INSURANCE MULTIPLE CRITERIA DECISION MAKING MODELS |
| Language: | eng |
| Abstract: | Previous works on the relationship between optimization and electronic spreadsheet modelling have described two connections: /1/ the use of spreadsheets to facilitate optimization projects and /2/ the use of optimization within the spreadsheet model itself such as for cell value computation. This paper extends the discussion. It is argued that use of spreadsheet model for planning and design problems often may actually be viewed as interactive multi-criterion optimization per se. This provides a third connection between optimization and spreadsheet models. The arguments are based on a simplified example arising in insurance consulting work. |
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