This paper explains how a class of IT-intensive capital goods called control systems are used to co-ordinate the flow of goods, traffic, materials, funds, services or information through complex supply, production or distribution systems. The paper examines how they increase productivity by...

Purpose – The purpose of this paper is to review the content and contributions of the article by Klein and Meckling entitled “Application of operations research to development decisions” which was published in the journal Operations Research in May‐June 1958. The paper explores the major...