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The law of requisite variety is that a deterministic strategy for can at best limit the variety in outcomes to , and only adding variety in 's moves can reduce the variety of outcomes: "only variety can destroy variety". [1]: 207 For example, in the table above, has a strategy (shown in bold) to reduce the variety in outcomes to ...
In An Introduction to Cybernetics, Ashby used set cardinality, or variety, as a measure of information. With this he formulated his Law of Requisite Variety. Mathematically, the law is a statement about how "in a two-person game the variety possible is determined by the number of possible choices open to the two players". [14]
Although L. Bruce Archer's "Systematic Method for Designers" (1963–64) [56] was concerned primarily with a systematic process of designing, it also expressed a need to broaden the scope of conventional design: "Ways have had to be found to incorporate knowledge of ergonomics, cybernetics, marketing and management science into design thinking ...
The notion of adding more variety or states to resolve ambiguity or undecidability (also known as the decision problem) is the subject of Chaitin's metamathematical conjecture algorithmic information theory and provides a potentially rigorous theoretical basis for a general management heuristic.
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The concept of unity in variety was further developed in the early 1700s by Francis Hutcheson, who declared that excitement is generated by "Uniformity amidst Variety", which generates a "disinterested" pleasure (i.e., the one with no regard for practical issues, like existence of the considered object or the wants of the body, like thirst).
Below are examples of the applications of management science. In finance , management science is instrumental in portfolio optimization, risk management , and investment strategies. By employing mathematical models, analysts can assess market trends, optimize asset allocation, and mitigate financial risks , contributing to more informed and ...
Job characteristics theory is a theory of work design.It provides “a set of implementing principles for enriching jobs in organizational settings”. [1] The original version of job characteristics theory proposed a model of five “core” job characteristics (i.e. skill variety, task identity, task significance, autonomy, and feedback) that affect five work-related outcomes (i.e ...