"The last decade has developed new and complex tools for management, in the form of high-speed computational, display, and communication techniques as well as of powerful analytical methods such as information theory, , and . These tools are being applied to continuing industrial problems, such as production and labor force scheduling, inventory control, sales forecast, and data processing (flow of information), as well as to special problems arising in connection with planning, market analysis, and organization. There is a rapidly growing demand for those well trained in the management sciences. Special graduate training in this held may be based on undergraduate study leading to a bachelor's degree in such fields as business administration, engineering, mathematics or the physical sciences, economics, and psychology."