A Mathematical Model for Integrated Business Systems
- 1 July 1956
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Management Science
- Vol. 2 (4) , 327-336
- https://doi.org/10.1287/mnsc.2.4.327
Abstract
The business firm is not merely “facts”, modified by logic, engineering, and intuition forming communication networks among rational individuals with perdictable reactions. Nevertheless, it is true that intercommunication of facts is necessary for continuance and that the prosperity of the firm does depend to a significant degree on the efficiency, effectiveness, and application of facts toward operations throughout the enterprise. The form and manner of data transmittal must be prescribed and organized. It is to this portion of the problems of management that the considerations in this paper are directed.Keywords
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