
Accession Number : AD0673891
Title : OPTIMAL TIME ALLOCATION IN COMPLEX TASKS,
Corporate Author : POLYTECHNIC INST OF BROOKLYN N Y DEPT OF ELECTRICAL ENGINEERING
Personal Author(s) : Yager,Ronald R.
Report Date : JUN 1968
Pagination or Media Count : 236
Abstract : The thesis studies the problemsolving situation from an inputoutput point of view, with emphasis on the following two aspects. First, the expected payoff is related to the time spent analyzing the various components of the problem. Second, the optimal allocation of a finite amount of time among m independent problems is derived in terms of the complexities of the problems, and the correlation between each problem and the problem solver's ability and experience. By alluding to the stochastic theory of learning it is shown that, in general, the expected payoff in a problemsolving situation is a concave function of time satisfying four conditions. Justifications are given for the approximation of the payoff by an exponential function of time. The theory of hypothesis testing in the presence of white Gaussian noise is also used to verify these assumptions about the functional form of the expected payoff. (Author)
Descriptors : (*MANAGEMENT PLANNING AND CONTROL, TIME), (*DECISION THEORY, PROBLEM SOLVING), OPTIMIZATION, STOCHASTIC PROCESSES, MATHEMATICAL MODELS, DECISION MAKING, INFORMATION THEORY, UNCERTAINTY, TIME SHARING, GAME THEORY, LEARNING CURVES, COMPUTER PROGRAMS, ALGORITHMS, THESES
Subject Categories : Administration and Management
Operations Research
Distribution Statement : APPROVED FOR PUBLIC RELEASE