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Operational Research in Business

Published online by Cambridge University Press:  18 August 2016

P. G. Moore
P. G. Moore
Affiliation:
London Graduate School of Business Studies
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Extract

Lord Kelvin many years ago expounded his oft-quoted dictum, ‘When you can measure what you are speaking of, and express it in numbers, you know that on which you are discoursing. But when you cannot measure it or express it in numbers, your knowledge is of a meagre and unsatisfactory kind.’ Operational Research is primarily concerned with measurement in management.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 93 , Issue 3 , December 1967 , pp. 323 - 385
Copyright
Copyright © Institute and Faculty of Actuaries 1997

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