FACTORS AFFECTING THE COMPARATIVE ADVANTAGES OF SEQUENTIAL AND BATCHED DECISION MAKING
Authors:
Jeffrey A. Hoffer a;
Miles H. Kennedy a
| Affiliation: | a School of Management, Case Western Reserve University, |
DOI:
10.1080/01969728008927626
Publication Frequency:
8 issues per year
Subjects:
Cybernetics;
Human Computer Intelligence;
Information & Communication Technology (ICT);
Machine Learning - Design;
Robotics;
Formats available:
PDF
(English)
View Article:
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Abstract
Whether to batch-process data or to randomly update files in real-time is a common design choice faced by information system analysts. A related (but different) problem is whether or not decisions should be batch processed. Though this latter problem is undoubtedly of greater managerial concern it has received less attention. This paper discusses considerations relevant to the optimal batching and timing of decisions and illustrates these by examples. A simple illustrative mathematical model of the problem is developed and optimized. This topic is of interest to MIS designers since their systems may include automated decision making and always support the decision making process.
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