magnetic levitation (maglev) is amongst the most advanced technologies that are available to the transportation industries. it has already been noticed by decision makers in many countries around the globe. contrary to such high levels of interest, there are no practical algorithms available to the engineers and/or managers to assist them in analyzing economics of the maglev systems. therefore,...

Simulation games are an effective educational tool that offer life-like scenarios and develop valuable functional business knowledge and decision-making skills. These skills have been shown to be invaluable in the current job market. This paper describes a novel adaptation of the HEC Montreal Enterprise Resource Planning Simulation Game into an interinstitutional competition. Teams of universit...

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This chapter discusses the history and evolution of Information Engineering, with emphasis on the business-driven IE variant. It describes the methods used at each phase in the systems development life cycle: strategic business planning; strategic, tactical and operational data modelling ; process modelling; systems design; and systems implementation. It describes the application and use of IE ...

Business Process Management (BPM) systems provide a broad range of facilities to enact and manage operational business processes. Ideally, these systems should provide support for the complete BPM life-cycle: (re)design, configuration, execution, control, and diagnosis of processes. However, based on an extensive evaluation of the FileNet P8 BPM Suite, we show that existing BPM tools are unable...

This study investigates the relationship between corporate life cycle stage as a measure of the key strategic decisions facing a newly hired CEO, and the selected CEO’s demographic and biographic characteristics. Using corporate financial data from the COMPUSTAT database to measure corporate life cycle stage, and CEO profiles published in Forbes list of top paid CEOs, we tested our hypotheses r...

The active digitalization of the healthcare system has given impetus to emergence a new type enterprise—high-tech medical organizations (HMO). Their main distinguishing feature is use innovative high-tech equipment. However, high cost this equipment become factor slowing down development such organizations. This paper considers life-cycle contract (LCC) as special form interaction between...