000 01029nam a2200145Ia 4500
005 20260716043238.0
080 _aLRC 12.01.01 O98
100 _aOxenfeldt, Alfred R.
245 _aDecision economics : some guidelines for leaders
260 _bCrisp Pub.
_aMenlo ParkUS
_c1997
300 _aviii, 90 p.
520 _aPresents selected parts of the concepts and procedures of managerial economics designed to help executives to function. Focuses on 4 tools of managerial economics - the hierarchy of objectives; models; cost concepts, and valuations of programmes and assets. Explains how to construct the hierarchy of objectives and outlines the benefits of using it. Explains how to develop various models and provides examples of an inventory model, an input-output model, and a causal and consequence net model. Examines 3 key cost concepts viz. opportunity cost, sunk cost and intangible cost. Describes some of the methods used to forecast in the valuation exercise.
583 _c3/7/00
_kM2LMGR
942 _cM
_mO98
_kLRC
999 _c43252
_d43252