ABSTRACT

An operations research professor gets an offer from another university that gives him

better research opportunities, better students, and better pay, but it means uprooting

his family and moving to a new place. When he describes this quandary to his friend,

the friend says, “Well, why don’t you use the methodology of operations research?

Set up an optimization model with an objective function and constraints to maximize

your expected utility.” The professor objects, saying, “No, no! This is serious!”