Economic Analysis of Information System
Abstract
This paper examines the utilities of present value analysis, discounted payback analysis, uniform annual cost, benefit-cost ratio, savings investment ratio, internal rate or return, and break even analysis, as economic analysis techniques. These techniques are analyzed using comparative four-way data sets that have front-loaded and back-loaded costs and front-loaded and back-loaded benefits. The findings of this analysis are then summarized in a matrix that scores the category of utility for each technique. An expert system (COSTEX) is then developed using the Intelligence Compiler expert system shell. The system directs MIS managers in the selection of appropriate techniques of analysis for a given set of economic analysis contingencies. The Basic Economic Analysis Decision Support framework and a tutorial on the methodologies and virtues of each of the economic analysis techniques.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1991
- Accession Number
- ADA243079
Entities
People
- Charles G. Walker Jr
Organizations
- Naval Postgraduate School