Citizens gas company paper

Citizens gas company paper - 20.1 20.2 Answers to this case...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
20.1 Answers to this case will vary with the student's experience. Make sure that the student is thorough in addressing all the requirements of the case. 20.2 Adapted from the CMA Exam. 1. The criteria which must be considered in specifying the basic structure and features of Citizens' Gas Company's new system to assist in planning its natural gas needs include the following: Need for market information The factors which affect the demand and supply for gas must be isolated, their relative importance determined, and their effect quantified. Need for accuracy The accuracy requirement of the system determines the required level of detail, quality of the input data, and sophistication of the system logic. While the system must be designed to provide accuracy which matches the need, care must be taken to ensure that excessive effort is not spent in being overly accurate in specific areas when the overall accuracy is inherently less due to the planning environment. Frequency of use The frequency of use of the system provides direction as to the level of mechanization. If the system will be used only once each month to project the effect of the most recent actual data, it may be sufficient to develop a system which is a combination of mechanized and manual procedures. If it is likely that a variety of alternatives will be evaluated each month, a fully mechanized system will be more desirable. Turnaround required
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/07/2011 for the course ACC 540 taught by Professor Sims during the Spring '11 term at DeVry Alpharetta.

Page1 / 3

Citizens gas company paper - 20.1 20.2 Answers to this case...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online