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A VALUE-ADDED SYSTEM FOR EVALUATING CURRICULA OR COURSES OF STUDY AGAINST ACCREDITATION CRITERIA—A PETRI-NET APPROACH. Johnnie B. Linn III , Division of Business, Concord University PO Box 1000, Campus Box 56, Athens, WV 24712. Value Added. Value Added. Petri Nets and Their Firings.
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A VALUE-ADDED SYSTEM FOR EVALUATING CURRICULA OR COURSES OF STUDY AGAINST ACCREDITATION CRITERIA—A PETRI-NET APPROACH Johnnie B. Linn III, Division of Business, Concord University PO Box 1000, Campus Box 56, Athens, WV 24712
Principles of Accounting Intermediate Accounting I Cost Management Intermediate Accounting II Advanced Accounting Auditing I
Principles of Accounting Intermediate Accounting I Cost Management Intermediate Accounting II Advanced Accounting Auditing I
Principles of Accounting Intermediate Accounting I Cost Management Intermediate Accounting II Advanced Accounting Auditing I
Principles of Accounting Intermediate Accounting I Cost Management Intermediate Accounting II Advanced Accounting Auditing I
Principles of Accounting Intermediate Accounting I Cost Management Intermediate Accounting II Advanced Accounting Auditing I
Principles of Accounting Intermediate Accounting I Cost Management Intermediate Accounting II Advanced Accounting Auditing I
Matrix Representation for A Set of Firings Mt = Mo + A’Σ Ui (1)
The Process • An initial marking for the system is specified. • For each performance objective, a value is assigned to each blank place node in the system. The values added form a vector V of rank p. • The set of firings is specified. • The sum of values of the blank place nodes involved in the firings is the contribution that the firings make to the performance objective.
Principles of Accounting 0 0 Intermediate Accounting I Cost Management 1 1 Intermediate Accounting II 1 1 0 Advanced Accounting Auditing I 3 1
Matrix Analysis A = N + O (2) Substituting into (1) we have Mt = Mo + N’ΣUi + O’ΣUi (3)
Value Added V.A. = V’O’ΣUi (4) subject to Mt = Mo + A’Σ Ui
Values on Transition Nodes: An Option • When values are on place nodes, they are counted even if subsequent courses are not taken. • Values can be placed on transition nodes. • Only one value per transition node. The values added form a vector W of rank t.
Principles of Accounting 0 0 Intermediate Accounting I Cost Management 1 1 Intermediate Accounting II 1 1 0 Advanced Accounting Auditing I 3 1
0 Principles of Accounting 1 Intermediate Accounting I 1 Cost Management Intermediate Accounting II 1 3 Advanced Accounting 1 Auditing I
Value Added, Values on Transitions V.A. = W’ΣUi (4’) subject to Mt = Mo + A’Σ Ui