Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
A Quantum Interpretation of Innovation

A Quantum Interpretation of Innovation

Baets, Walter

Paperback

Management

ISBN10: 6630153448
ISBN13: 9786630153446
Publisher: Our Knowledge Publishing
Published: Sep 17 2026
Pages: 140
Weight: 0.43
Height: 0.33 Width: 6.00 Depth: 9.00
Language: English
After World War II-gaining prominence in the 1970s and 1980s and thanks to the growing power of computers-scientific management (not to be confused with the science of business management) achieved tremendous success. Optimization techniques of all kinds were applied with great success to a wide range of business processes. Process optimization, queueing theory, and similar problems fit well within the framework of improvement through mathematical programming. It became even more challenging when quantitative techniques began to be used to try to predict market behavior. We had no choice but to turn to stochastic phenomena. But the question was rarely asked as to whether a certain market behavior was in fact stochastic or rather chaotic. The latter concept, incidentally, was not yet known at that time, and the necessary conceptual tools did not exist back then.

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