Management problems are not respecters of the company organization, nor of the talents of the people appointed to solve them.

The system of transportation is not coherent; it is not treated as integral. Roads compete with with railroads and airlines in chaotic fashion, and at immense cost to the nation.

A stochastic process is about the results of convolving probabilities-which is just what management is about, as well.

Policy-making, decision-taking, and control: These are the three functions of management that have intellectual content.

The purpose of a system is what it does. There is after all, no point in claiming that the purpose of a system is to do what it constantly fails to do.

Management problems are not respecters of the company organization, nor of the talents of the people appointed to solve them.

It is the concept of likelihood that a real understanding of probability resides, and we must learn how to measure it.