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Original Articles

Mathematical approaches to evaluating information updating intervals

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Pages 409-419
Received 17 Apr 1978
Published online: 10 May 2007
 

Management scientists studying the decision-making process are in agreement that information and decision making are closely tied together. Unfortunately, improvements in information technology have not included methodologies which capture this interdependence. This paper is concerned with treating this interdependence in one aspect of systems design termed the ‘ information updating interval ’. Three evaluation models are presented along with a methodology to facilitate analysis of the stochastic models.

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