Perspectives on MS Applications—All Around the Model

One of the foundations on which our industrial/commercial society rests is that the rules are reasonably well known and that the past is a guide to the future. But are the basic rules the same today as they have been through the past two decades in which management science has been applied to industry? Is the past any longer a reliable guide to the future? It seems to me there is no reason for doubt. Further, we may ask whether dynamic world economics will not play a heavier role in the future in application of management science to our own industrial and business situations. Certainly many of the parameters of the basic economic interrelationships of world economics are changing and these must inevitably affect management science analysis and the resulting evaluations and systems which we produce.