Expert systems capital budgeting

Author

Griesser, J.W.

Author_Institution

Defense Finance & Accounting Service-Cleveland Center, OH, USA

fYear

1991

fDate

30 Sep-2 Oct 1991

Firstpage

249

Lastpage

256

Abstract

The capital budgeting effects and cost justification of a high-technology innovation (expert system technology) are discussed from a managerial perspective. Budgeting strategies are reviewed as they relate to funding and support for high-technology innovations. The Defense Finance and Accounting Service-Cleveland Center (DFAS-CL) Expert System Program is reviewed from the points of view of average rate of return, payback, internal rate of return (IRR), modified internal rate of return (MIRR), accounting rate of return (ARR) and net present value (NPV) using the recently developed expert system `COSTER´

Keywords

DP management; economic and sociologic effects; expert systems; financial data processing; COSTER; accounting rate of return; average rate of return; cost justification; expert system technology; expert systems capital budgeting; high-technology innovation; internal rate of return; managerial perspective; net present value; payback; Costs; Expert systems; Finance; Identity management systems; Investments; Productivity; Profitability; Remuneration; Technological innovation; Technology management;

fLanguage

English

Publisher

ieee

Conference_Titel

Developing and Managing Expert System Programs, 1991., Proceedings of the IEEE/ACM International Conference on

Conference_Location

Washington, DC

Print_ISBN

0-8186-2250-4

Type

conf

DOI

10.1109/DMESP.1991.171725

Filename

171725