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The Cost and Value of Information
Economic Foundations for Information System
8 other sections not shown
allocation analysis applications software assumed budget central management ceteris paribus Chapter composite commodity computer capacity computer center manager computer services computer system coordination cost function CPU hardware decision problem decision rule decreasing Develop the decision development and maintenance discussed economic economies of scope equation equilibrium estimate evaluation EXERCISE Figure forecast given Grosch's Grosch's law increase incremental cost information products information resource information system management input life-cycle marginal cost manager's decision marginal physical productivity marginal present life-cycle marginal profit marginal revenue measure mix of resources operations labor opportunity cost optimal organization output overall physical flows present life-cycle cost present life-cycle marginal production function production plan programs quantity ray average cost relationship returns to scale software activity software development software product software tools specific information services structure systems software Table tion tradeoff transfer prices users utilization value of information workload