DocumentCode
3429591
Title
The ERP investment: An evaluation model
Author
Wu, Liang-Chuan ; Liou, Fang-Ming
Author_Institution
Inst. of Technol. Manage., Nat. Chung Hsing Univ., Taichung, Taiwan
fYear
2010
fDate
2-4 Nov. 2010
Firstpage
83
Lastpage
86
Abstract
This paper evaluates ERP investment under uncertainty using the Real Options for modeling. We utilize a quantitative model and real option concept to evaluate the investment rule for the ERP investment. We use PDE to obtain the optimal threshold ratio of revenue and cost. Finally, we determine the threshold value by incorporating the illustrative parameter of ERP investments.
Keywords
enterprise resource planning; partial differential equations; ERP investment rule; PDE; enterprise resource planning; evaluation model; modeling; optimal threshold ratio; quantitative model; real option concept; Education; Equations; Information systems; Investments; Mathematical model; Uncertainty; ERPInvestment; Partial Differential Equation; Real Option; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Education and Management Technology (ICEMT), 2010 International Conference on
Conference_Location
Cairo
Print_ISBN
978-1-4244-8616-8
Electronic_ISBN
978-1-4244-8618-2
Type
conf
DOI
10.1109/ICEMT.2010.5657541
Filename
5657541
Link To Document