Models: Catalyst for system diagnosis and decision making
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Date
2023-09-06
Authors
Oyatoye, E.O
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Journal ISSN
Volume Title
Publisher
University of Lagos Press Works and Physical Planning Complex
Abstract
NTRODUCTION
For my audience to fully understand this lecture, there is a need for me to shed some light on the keywords of this lecture. To this end, we need to know what is model, catalyst, system and
decision.
Models: A model, as used in operations research, is a representative of an actual object or situation, usually smaller than the original object it represents. It shows the relationship (direct and indirect) and inter-relationship of the various parts of units of the entity it represents, as well as the action and reaction in terms of cause and effect.
Catalyst: A catalyst is a substance that speeds up chemical reactions without really affecting the end result of the process or change itself
Description
An Inaugural Lecture Delivered at the University of Lagos by Oyatoye, E.O. Professor of Operational Research Department of Business Administration Faculty of Management Sciences University of Lagos.
Keywords
Citation
Oyatoye, E.O. (2023). Models: Catalyst for system diagnosis and decision making. An Inaugural Lecture Delivered at the University of Lagos, 82p.