The concept of a system has been identified in a large number of disciplines; biology, management science, economics, sociology, political science, theology, law, etc., have profited by the apparatus associated with ...

In the complex business environment that exists today, executive responsibility can no longer be allocated only to the limited traditional administrative resources: manpower, money, materials, and market behavior.

In Part I, we extended the work of Ashby [1,2] to develop an analytical framework for determining the relation betweén system size and system stability. It was established that, for linear dynamic systems, as the number ...

The system approach views any organized entity as a unity composed of interdependent parts capable of sensitive and accurate interaction among themselves and with their environment. It is the mutual interaction among ...

Specialization inhibits or prohibits interdisciplinary communication among diverse areas. It contributes to segmentation, which becomes a serious problem when several of those areas should depend upon knowledge which exists ...

The forecasting techniques available have increased both in number and com-plexity, so now is the time for a book to help both OR workers and managers to choose the most appropriate technique. Spyros Makridakis and Steven ...

The method of principal component is used in this paper to analyse the interrelationship among the world's major stock exchanges. The major finding is that the interrelationship is unstable over time. This finding proves ...

Time sharing computer configurations have introduced a new dimension in applying statistical and mathematical models to sequential decision problems. When the outcome of one step in the process influences subsequent ...

The testing of various explanations of international trade patterns always arouses a good share of academic interest. Unfortunately, due to imperfections embodied in the testing processes and due to imperfect data, the ...

Data collected from black and white workers in three organizations indicate that workers living in communities with different perceived levels of prosperity have different job satisfaction. A relatively less affluent ...

This paper surveys time-series methods developed and used in the fields of statistics, engineering, operation research and economics. It will describe each of the major methods now in existence and synthesize them into an ...

This paper asserts that the Second Law of Thermodynamics (SLT) despite holding truc in ail laboratory tests heretofore conducted, cannot, by itself, explain the hierarchical universe. By examination of the existing evidence, ...

The key variables in international trade policy are imports and exports elasticities with respect to income and prices. Thus their estimation has drawn~particular attention in the post war period. Most of the studies ...

This paper presents four consumer demand models. The Rotterdam, the Linear Expenditure, the Indirect Addilog and the Translogarithmic. In the first part their derivation and theoretical properties are outlined. Afterwards ...

This paper asserts that the Second Law of Thermodynamics (SLT) despite holding true in all laboratory tests heretofore conducted, cannot, by itself, explain the hierarchical universe. By examination of the existing evidence, ...

Can recessions, or serious turning points in general, be predicted? Or do forecasters tend to assume that the future will continue as an extension of the near past. Theoretical evidence and practical observations tend to ...

Forecasting plays an important role in every major functional area of business management. In the area of marketing however, forecasting is doubly important; not only does it have a central role in marketing itself, but ...

The SIBYL/RUNNER interactive forecasting system is a comprehensive package of time-shared computer programs that seek to handle four essential forecasting functions. The first is screening alternative forecasting techniques ...

This article analyzes whether communication can solve all management problems. With the rapid technological developments in methods of communication, corporate managers have become more increasingly dependent on electronic ...

The main purpose of the paper will be to look at the influence of a change in perspective (namely, getting away from the input/output model) on social systems. in general, and management ones, more specifically. The ...