What Are The Attributes Of A Good Information?


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Asha Singh answered
Currency - is the information up to date?  Accuracy - accurate for its use - i.e. Daily production figures, weekly sales figures, monthly overall figures, yearly production figures rounded up to nearest £'000    Relevance - how relevant it is to the end user - i.e. A machine breaks down 4 times in one day - who needs to know this - the operations director - no - the quality assurance supervisor - yes.    Completeness - incomplete information has an affect on the decision making process of the end user    Cost effectiveness - how much does it cost to collate the information - is this feasible? Is it a tangible cost - can it be quantified - savings on Work In Progress? Is it intangible - i.e. Customer satisfaction

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