DECISION SCIENTISTS, DECISION MAKERS, AND THE GAP.

The article deals with the gap between decision scientists and decision-makers or managers of businesses. In the early fifties, people developing the management sciences worked closely with the management making the decisions. People applying the techniques developed new statistical techniques. The development of management science and its use in making decisions went on simultaneously. There was less than a three-year gap between mathematician Dantzig's invention of the simplex algorithm of linear programming and its use in blending gasoline. The Monte Carlo technique proposed in the fifties was used in the fifties to solve real problems. New ways of designing experiments were developed for experiments being run at that time. It can be concluded then that management science has not had as big an impact in business as it should, and it is up to the management scientist to close the gap.