Mahanty, Biswajit with Pratap K. J. Mohapatra, "Evaluating Optimization Model Based Decision Support Systems in the Framework of a system Dynamics Based Game", 1994
ua435
Evaluating optimization model based decision support system is a complex task. Once an optimization model is built, one is not sure how to compare the effectiveness of two competing optimization models. One is also not sure how the model results will fare when they are actually implemented in practice. This paper lays out a procedure for evaluating optimization models in the framework of a system dynamics based game. Using the suggested procedure, a number of optimization model based system are evaluated. Investigations are then carried out on the effect of such decisions support system on the performance of the game participants. The proposed procedure opens up the possibilities of developing realistic and credible optimizations models by testing them for their effectiveness in the context of a specific problem situation.