Economic Themes (2010) 48 (3) 6, 403-419


Predrag Mimović

Abstract: Practical problems are inherently ambiguous and multiobjective and must be considered with several aspects, i.e. with respect to multiple criteria. Classical optimization methods are appropriate for solving the well-structured problems, especially if optimization is done according to a criterion. Most of the real problems, given their complexity, are not possible or very difficult to properly formalize with appropriate mathematical model, so that the traditional algorithmic-optimization procedure shows enough effective instruments for their solution. In this context, and bearing in mind the needs of the economy and society as a whole, the question of the future of traditional operational research, their relationship with the science of management and their mission as a scientific discipline is raised.

Keywords:  complexity; uncertainty; operational researchs; multicriteria choice; optimization; decision; multimetodology

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