ERIC Number: ED082665
Record Type: Non-Journal
Publication Date: 1973-Sep
Reference Count: N/A
Let's End the Confusion About Simulation Models: A Summary of a Candid Discussion of Their Place in Higher Education.
Academy for Educational Development, Inc., Washington, DC. Management Div.
Higher education faces continuing cost pressures from a multitude of new demands. The consequence is a new emphasis upon resource allocation that is only possible if the required data about program costs, program outputs, and program income are readily available. The task of the new management in higher education is to gather the needed information for intelligent, persuasive resource allocation. This paper is a summary of a conference of cost simulation models, how to end the confusion surrounding them, and how to promote the need for serious long-range planning in higher education. The contents include definitions, case studies, problems, evaluation, and applications of cost simulation models. Presented are individual experiences with cost simulation models at Colorado University with CAMPUS: RRPM at Portland State University; PLANTRAN at the University of Denver; SEARCH at Eight Colleges; and Computerized Financial Planning at the University of Maine. The appendix includes the American Council on Education's program of studies to improve the resources for planning in postsecondary education. (Author/PG)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Academy for Educational Development, Inc., Washington, DC. Management Div.