Spreadsheet programs and microcomputers have revolutionizedinformation processing in organizations. Users have adoptedspreadsheets to solve problems and circumvent the longdelays encountered in dealing with the traditionalinformation services department. A significant number ofserious errors...

Inventory Management has been widely discussed in theliterature. Recently, the so called quot;Just in TimeAtilde;cent;Acirc;not;Acirc;? methodreceived extensive publicity and was claimed to be one of themajor factors of the Japanese industrial success. This, in turn,promoted a large campaign in the...

This paper describes a model base Decision SupportSystem (DSS) for purchasing materials and componentsfor large projects. The DSS may be used under twoscenarios. Under one scenario, we have a project toexecute, and we are looking for a good way to managethe purchasing so as to minimize the...

Quality Control sampling plans are normally chosen by usingindustrial and military standards. These standards do notinvolve economic considerations, and usually fail to meet costconsiderations.The Information Economic approach presented in this papersuggests an easy to use methodology which...

The declining prices of new technology products often results ina tendency for many decision makers to wait for lower prices, andto postpone a capital investment.This paper makes a distinction between the prices of technologyelements and the prices of components and systems. There aremany cases...