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Technology Systems Technology systems show how to improve the ways products are designed to ensure they meet customer requirements. Car companies build prototype models of cars to test new ideas and concepts. Business system models can be built and used in the same way. Various business conditions can be modeled to find just the right plan to optimize profit and reduce costs. A major advantage
of developing decision models is the low cost compared to testing
new business processes at the time of implementation. New model scenarios
can be developed and results produced in minutes instead of weeks,
months, and sometimes years that it would take to get results from
a live system. And the cost of a model is minimal when compared to
the capital and time required to implement an actual business system. |