ITAssignment : the use of math application in businessExplainDescribeProposeDemonstrate Barcode, inventory

27 March Productivity paradoxNo impact of computerization in economic performanceComputers were not contributing as much as expected to business performance, no good Return On Investment (Robert Solow)Complications in IT investment, some companies capitalized enormously and succeed while others dont Labor substitution among many others is one of the cost reduction that can be acquired from IT investment.The argument behind investment on IT versus productivity based in the differences in measurements of productivity itself because value of its investment are mor often than not intangible. Low usage of IT Poor management, the learning process to master ones technologyBusiness Process EngineeringRenovate how company conduct business practices in order to maximize customer value to improve competitive advantage not only by tangible investment such as automation but also intangible aspects such as management mindsetChange of IT similarly alter old paradigm Reduce processSupporting, enabling, transforming to some extent in the organizationIT has become the norm in business process, it has become irrelevant to mention it as organizations competitive advantage anymore.Planned Maintenance Systemhttp://en.wikipedia.org/wiki/Planned_Maintenance_System_in_shipping#Computerised_Planned_Maintenance_Systems_for_use_in_shipping_industry