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SCOPE: a cost analysis of an automated serials record system

Journal of library automation [September 1971]

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Copyright (c) 1971 Information Science and Automation Division

Abstract: A computerized serials record and control system developed in 1968/69 for the Technical Information Department of Pfizer Inc. is described and subjected to a cost analysis. This cost analysis is conducted in the context of an investment decision, using the concept of net present value, a method not previously used in library literature. The cost analysis reveals a positive net present value and a system life break-even requirement of seven years at a 10% cost of capital. This demonstrates that such an automated system can be economically justifiable in a library of relatively modest size (approx. 1,100 serial and periodical titles). It may be that the break-even point in terms of collection size required for successful automation of serial records is smaller than has been assumed to date.


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Publication Year:1971
Type of Material:Article
Language English
Published in: Journal of library automation
Publication Info:Volume 4 Number 3
Issue:September 1971
Page(s):129-140
Publisher:Information Science and Automation Division
Place of Publication:Chicago, IL
Subject: Serials control
ISSN:0022-2240
Record Number:2026
Last Update:2012-12-29 14:06:47
Date Created:0000-00-00 00:00:00