A Management Control Systems Simulation Model

John Kagdis and Michael R. Lackner
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John Kagdis: System Development Corporation, Santa Monica, California
Michael R. Lackner: System Development Corporation, Santa Monica, California

Management Science, 1963, vol. MT-3, issue 2, 145-159

Abstract: This paper describes a digital simulation model of a hypothetical business system and discusses problems pertinent to the construction and use of the model. Constructed in the course of a management control systems research project, the model exemplifies many problems of control and management of a large system, emphasizing information flow, its control, and its use in decision procedures. The model's modular nature permits a variety of experimental uses. The broad scope of the modeled system posed implementation problems which were resolved by the development of a general simulation capability, called SIMPAC, whose main features are described. "Management Technology", ISSN 0542-4917, was published as a separate journal from 1960 to 1964. In 1965 it was merged into Management Science.

Date: 1963
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:mt-3:y:1963:i:2:p:145-159

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