A Decision-Analysis Approach for Optimizing Design Alternatives for Information Systems

Berger Paul D. ()
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Berger Paul D.: Mathematical Sciences Department, Bentley Collage, 175 Forest Street, Waltham, MA 02452 USA

Advances In Management, 2009, vol. 2, issue 10

Abstract: Increasing performance and capacity of an information system and its components improve their utilization and associated benefits, but involve higher costs. Hence, we suggest that the design and configuration of an information system must reflect assessments of cost-benefit tradeoffs in addition to satisfying technical and functional requirements. Modeling and quantifying such tradeoffs can help evaluate design alternatives and identify economically-superior solutions. In this study, we develop a decision-analysis framework for assessing strategies for designing information systems. We examine the conditions under which one design strategy exhibits superior performance compared with other design strategies.

Date: 2009

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