The paper explores the effective design of management control systems in terms of managing exchange rate risks for not-for-profit non-governmental organizations (NGOs). Compared to business organizations, NGOs have just limited possibilities to tackle these risks for several reasons discussed in...

In order the management control system of an organization to be efficient, it has to be tailormade and fits to specifics of both the organization itself and the sector the organization operates in. The paper analyses the specifics typical for management control system of nongovernmental...

Purpose: In most companies achieving or delivering quality product or service becomes a complex task especially when setting up a new production process; every time focusing on project completion, meeting deadlines and quality check at the end of the production. Two types of quality checks can...

A Kalman filter for application to stationary or non-stationary time series is proposed. A major feature is a new initialisation method to accommodate non-stationary time series. The filter works on time series with missing values at any point of time including the initialisation phase. It can...

Agent-based computational economics (ACE) is the computational study of economies modeled as evolving systems of autonomous interacting agents. Starting from initial conditions, specified by the modeler, the computational economy evolves over time as its constituent agents repeatedly interact...

Concepts from software engineering and knowledge engineering are incorporated into discrete, next-event simulation. The existing, conventional world-view utilized within discrete simulation is reviewed. A construct is presented that makes existing discrete simulation world-views more robust for...

The burden of organizational learning surrounding software process innovations (SPIs)---and complex organizational technologies in general---creates a "knowledge barrier" that inhibits diffusion. Attewell (Attewell, P. 1992. Technology diffusion and organizational learning the case of business...

In this paper we investigate the role of the Remote Façade pattern in the optimization of dis-tributed systems. The intent of this pattern is to wrap fine-grained remote objects in a coarse-grained interface and thus greatly reduce the total number of calls executed over the network. The...