Usability of quantitative modelling in operations strategy decision making

Strategy issues are always highly complex, both from a technical and an organizational perspective. One well-established way of dealing with complexity has been to construct (quantified) models of the issues at stake. In the field of production and operations management (POM), quantitative modelling has long been a normal and well-accepted academic way of dealing with complex issues (cf. Meredith et al., 1989). However, the use of models for strategic issues has been rare in POM. Read more to know whether the model can be extended further…

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