University Cuts and Statistical Information

Article Abstract:

Reductions in British government spending led to a reduction of funding for the University of Southhampton. Decision making on how to adapt did not use operational research methods. False assumptions were made about the falling birth rate market share and market potential, and the quality of student intake. Student decision making is modeled. Operational research methods would have produced better decisions. Tables are included.

United Kingdom, Universities and colleges

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Problems with residual analysis

Article Abstract:

There are some serious difficulties connected with residual analysis that are not found in the one-step techniques of analysis of covariance, multiple regression and the general linear model. Residual analysis could be either too liberal or too conservative, according to the circumstances.

Methods, Analysis of variance

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The Market Mechanism as an Incentive Scheme

Article Abstract:

A model is developed to show the relationship between competition and management efficience. Consideration is given to inefficiency caused by manager owner conflict, and by owner failure in monitoring management. Competition is found to reduce management slack.

Management, Competition (Economics), Industrial efficiency, Economic efficiency

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