Heuristic “Optimization”: Why, When, and How to Use It

DOI Web Site 2 Citations
  • Stelios H. Zanakis
    Department of Management, College of Business Administration, Florida International University, Miami, Florida 33199
  • James R. Evans
    Department of Quantitative Analysis, College of Business Administration, University of Cincinnati, Cincinnati, Ohio 45221

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<jats:p> The pressing need of real-world problems for quick, simple, and implementable solutions coupled with a recently increased research productivity on improved and rigorously evaluated heuristic methods are rapidly increasing the need, usage, and respect for heuristics. This paper presents a framework for heuristic “optimization” by systematically examining this change in attitudes towards heuristics, their desirable features and proper usage. </jats:p>

Journal

  • Interfaces

    Interfaces 11 (5), 84-91, 1981-10

    Institute for Operations Research and the Management Sciences (INFORMS)

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