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Assessing the value of information and its effect on the performance of the organization

This research represents a study of the effect of changes in the value of information used in decision making on overall organization performance. The value of information is defined in terms of its attributes or characteristics (accuracy, relevance, reliability, timeliness). The values of information attributes are varied within the framework of a system dynamics simulation model of a manufacturing organization. The parameters which define this model are based on actual financial and operating data from the metal cans and containers industry. / Information value is varied for individual information attributes, for all attributes at specific levels of managerial decision making, and for individual attributes at specific decision making levels. The effects of these changes in information value are examined in terms of the behavior of a set of variables which measure the performance of the organization in terms of profitability, cost, and the efficiency of resource utilization. / Results of the experimental simulation runs indicate that organizational performance (measured in terms of profitability, cost performance, and efficiency of resource utilization) is affected by changes in the value of information (expressed in terms of timeliness, accuracy, relevance and reliability). It was also discovered that the magnitude of these effects is dependent on the information attribute which is varied in its value and the level of managerial decision making at which the information is used. / Source: Dissertation Abstracts International, Volume: 49-12, Section: A, page: 3784. / Major Professor: Thomas D. Clark, Jr. / Thesis (Ph.D.)--The Florida State University, 1988.

Identiferoai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_77892
ContributorsAugustine, Frederick Kelly, Jr., Florida State University
Source SetsFlorida State University
LanguageEnglish
Detected LanguageEnglish
TypeText
Format549 p.
RightsOn campus use only.
RelationDissertation Abstracts International

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