A methodology for the design and optimization

This paper is concerned with the second problem. However, the methodology developed to solve the second problem provides cost information that can be used by the problem definer to assist him with the determination of the requirements. One approach to determining the requirements of an information system involves comparing the information value of a report with the cost of produoing the report. ** Considerable time and money are expended in system design and programming when a firm acquires, leases or in any way uses a computer. With each new system the task of getting the system operational seems to take longer and becomes more costly than the time before. A methodology for analyzing and designing Information Processing Systems is needed if we are to keep from getting further behind. The general purpose of this paper is to continue the formalization of the process for designing Information Processing Systems and to improve it by increased application of operations research techniques and by more use of the computer itself.