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Hayes, Robert L.; Radosevich, Raymond – Long Range Planning, 1974
The authors argue that recent events have given rise to a need for a new class of information related to strategic decisionmaking. They describe some of the characteristics of "ideal" systems to meet this need and suggest a program for building sophisticated systems that will develop toward that ideal. (Author)
Descriptors: Computer Oriented Programs, Decision Making, Information Systems, Information Utilization
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Reilly, David N. – Long Range Planning, 1974
Reports the results of a corporate planning survey involving fifteen United Kingdom companies and an experimental planning system developed as a research tool to investigate aspects of interactive planning. (Author)
Descriptors: Administration, Computer Oriented Programs, Decision Making, Management Systems
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Higgins, J. C. – Long Range Planning, 1974
The author discusses some approaches to assessing the impact of inaccurate information when the planning system involves formulae of the management accounting type or models of the operational research variety. The most appropriate method for quantifying information value in management information systems is through Bayesian analysis and decision…
Descriptors: Bayesian Statistics, Computer Oriented Programs, Decision Making, Decision Making Skills