Feedback Between Decision and Management Information Subsystem

Claudia Isac and Alin Isac
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Claudia Isac: University of Petroşani, Romania
Alin Isac: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2007, vol. 7, 211-216

Abstract: The functioning of the entire system of the company can be statically and dynamically quantified through a set of state variables, while its interaction with other structures of the national economy forms the total of inputs and outputs. The company’s system inputs take the shape of adjusting parameters containing values, limits or intervals imposed from the exterior in order to ensure the global optimization at the level of national economy.

Keywords: decision; management information subsystem; information; system; feedback (search for similar items in EconPapers)
Date: 2007
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