Developing Standards for Library Expenditures
This paper reports the results of a project to use simple and multiple regression to develop standards for evaluating budget proposals of a university library. Based on a seven-year sample of actual expenditure data, ending with the academic year 1964-65, regression equations were developed for each of the five major categories of library expenditures. These equations were tested against the expenditures approved for the academic year 1965-66. Based on this test, useful standards were developed by employing the regression technique. The technique is proposed as a device for coping with the control of complex activities for which direct standard setting is difficult or prohibitively expensive, in institutional, governmental or business organizations.
Volume (Year): 13 (1967)
Issue (Month): 12 (August)
|Contact details of provider:|| Postal: 7240 Parkway Drive, Suite 300, Hanover, MD 21076 USA|
Web page: http://www.informs.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:inm:ormnsc:v:13:y:1967:i:12:p:b797-b808. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mirko Janc)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.