A common problem addressed in Managerial and Cost Accounting classes is that of selecting an optimal production mix given scarce resources. That is, if a firm produces a number of different products, and is faced with scarce resources (e.g., limitations on labor, materials, or machine time), what combination of products yields the greatest profit…

This paper describes a model for evaluating and acquiring instructionally effective and cost effective educational computer software in university psychology departments. Four stages in evaluating the software are developed: (1) establishing departmental goals and objectives for educational use of computers; (2) inventorying and evaluating…