Précis—Management Decision Models and Computers

This expository paper on the use of computers for management decision-making describes how decision models are created and used and points out some of the limitations of both models and computers. It seeks to help remove the inhibitions which some managers still have about computer assistance for top management decision-making problems. Most computers are now being used for routine cost reducing applications, but they instead should be used for complex management decision-making to enhance the profitability of the firm.