Capabilities Performance Management | Program Evaluation Simulation Modeling | Statistical Modeling | Survey Analysis Customer Profiling | Relocation & Economic Development Relocation and Economic Development Economic Systems Inc. provides consulting services and analytical tools to assist corporations and government entities in their strategic decision-making efforts affecting corporate moves and economic development. EconSys also provides cost-of-living comparison and city reports to support the decision-making and relocation process. We have provided over ten years' experience in data collection and relocation analysis. Below are some of the types of analyses that we can perform for you company. Relocation Analysis Is your company in the right location? Could you benefit by moving to another city? EconSys has the expertise and modeling tools to find out where your company should be located. Our qualified staff has assisted many organizations in their decision-making process in finding the optimal location. Clients have included the American Institute of Certified Public Accountants, Hewlett-Packard, Quantum Corporation, Whirlpool Corporation, and Blue Cross-Blue Shield of California. EconSys utilizes a comprehensive methodology for relocation analysis: •      Strategic assessment - Determine the business objectives that are to         be serviced by the move, the groups to be moved, and possible         move scenarios. •      Data collection and analysis - Collect information on each of the         alternatives to be analyzed: labor, real estate and moving costs;         analyze productivity impacts through the use of operations research         methods; conduct a complete cost-benefit analysis. •      Decision-making - Evaluate relocation options with respect to business         objectives using techniques such as the Analytic Hierarchy Process to         evaluate non-financial criteria such as business impacts, quality of         life, and employee retention as well as traditional cost-benefit tools to         analyze financial impact. Investment Valuation EconSys has expertise in methodologies used to help corporations analyze their corporate real estate assets and assist them in achieving maximum return on investment opportunities. EconSys presents a comprehensive framework to estimate the profitability of alternative real estate decisions within the context of the corporation's overall strategy. One client, asked EconSys to determine the potential gains from adding real estate to its investment portfolio. EconSys used the latest financial valuation techniques to estimate the impact on its current real estate portfolio. Economic Development EconSys can assist communities with their economic development studies. Our approach is a multidisciplinary and comprehensive research design. Our methodology typically entails using a mix of different tools including stakeholder interviews, cost-benefit analysis, feasibility analysis, analysis of both secondary and survey data, and simulation modeling such as input-output modeling. Insights gained in the course of qualitative inquiries enable us to evaluate the assumptions that are necessary in the quantitative analysis. Such contextual knowledge improves the interpretation and usefulness of the results. We use simulation modeling to form a basis for many of the analytic tasks. SAS, Arc View, Input-Output Models, and ProModel are among the software tools used in the economic development projects. Input-Output Modeling Input-output modeling has been applied by economists, to national and regional economies to evaluate such policies as investment in infrastructure, tax policy, and other economic problems. Such models are based on the production process of the economy, i.e., outputs are a function of certain inputs. They describe transactions between a given economy and the “world” outside the economy. In recent years input-output modeling increasingly has been used to analyze resource allocation across major business units within a single organization. EconSys has developed an object-oriented software program, referred to as AGE (Applied General Equilibrium) for both regional/national economies and private sector organizations. The EconSys-AGE model views the real world as a structured collection of “objects” that collaborate to perform some higher-level behavior. This is consistent with how economists represent an economy in terms of the interaction among a set of autonomous agents who follow certain institutional rules to conduct economic activities such as production, consumption, and trade. EconSys has successfully used its modeling system to develop an input-output model for the Commonwealth of Northern Mariana Islands.