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NCJRS Abstract

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NCJ Number: 97723 Find in a Library
Title: Model for the Financial Appraisal of Electronic Book Security Systems With an Application to Berkshire County Libraries
Journal: Library and Archival Security  Volume:6  Issue:4  Dated:(Winter 1984)  Pages:27-42
Author(s): C Sutcliffe
Date Published: 1984
Page Count: 16
Format: Article
Language: English
Country: United States of America
Annotation: A model is constructed for the financial appraisal of book security systems (BSS) using discounted cash flow methods. The assumptions are clearly stated to permit the adoption of the model when circumstances differ.
Abstract: Application of the model to Berkshire County Libraries finds that a BSS would save almost one-half million pounds. The sensitivity of this result to the data used is tested, and the financial desirability of a BSS found to be robust. Finally, the important decision of choosing between rival BSSs is discussed, and it is argued that previous proposals for the financial appraisal of rival BSSs have used inferior techniques. (Author abstract)
Index Term(s): Cost/Benefit Analysis; Electronic surveillance; Library/museum security; Models; Security systems
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