Search results
Results from the WOW.Com Content Network
The economics of defense or defense economics is a subfield of economics, an application of the economic theory to the issues of military defense. [1] It is a relatively new field. An early specialized work in the field is the RAND Corporation report The Economics of Defense in the Nuclear Age by Charles J. Hitch and Roland McKean ( [2] 1960 ...
Systems modeling or system modeling is the interdisciplinary study of the use of models to conceptualize and construct systems in business and IT development. [ 2 ] A common type of systems modeling is function modeling , with specific techniques such as the Functional Flow Block Diagram and IDEF0 .
EP&I provided investment management leadership for DoD Enterprise-level business systems. It coordinates the efforts of DoD's acquisition policy as outlined in the DoD 5000 series pertaining to business systems. The Directorate also provides input for the Quadrennial Defense Review. EP&I is responsible for the Business Enterprise Architecture ...
Example of business process modelling with Business Process Model and Notation. Business process modelling, not to be confused with the wider Business Process Management (BPM) discipline, is the activity of representing processes of an enterprise, so that the current ("as is") process may be analyzed and improved in future ("to be"). Business ...
Business strategy drives selection of business models. These business models drive the design of underlying processes and services. Business Analysis is critical: Any number of models can address a strategic imperative. But the best models, services and processes will exploit existing business capabilities (human, IT and physical), the areas where change is possible and the areas where invest
It is the application of economic theory and methodology in business management practice. Focus on business efficiency. Defined as "combining economic theory with business practice to facilitate management's decision-making and forward-looking planning." Includes the use of an economic mindset to analyze business situations.
The first known prominent public usage of the term "Model-Based Systems Engineering" is a book by A. Wayne Wymore with the same name. [8] The MBSE term was also commonly used among the SysML Partners consortium during the formative years of their Systems Modeling Language (SysML) open source specification project during 2003-2005, so they could distinguish SysML from its parent language UML v2 ...
The Modeling and Simulation Coordination Office (M&SCO) is an organization within the United States Department of Defense that provides modeling and simulation technology. The M&SCO was named the Defense Modeling and Simulation Office (DMSO) when it was created by Congress in 2006.