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A system dynamics modeling approach for corporate profit with product reliability

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This paper proposes to develop a system dynamics model to study the impact on corporate profit with product reliability. In previous studies, most results suggest product reliability has complex impact on corporate profit. However, the quantitative study is far from adequacy. The study uses system dynamics theory to simulate corporate profit and analysis the influence of product reliability on corporate profit. It provides a way to quantitative analyze the corporate profit trends along with the change of product reliability.

Original languageEnglish
Title of host publication5th International Institute of Statistics and Management Engineering Symposium 2012
Subtitle of host publicationData-Driven Management Science under Developing, IISMES 2012
PublisherAussino Academic Publishing House (AAPH)
Pages129-132
Number of pages4
ISBN (Print)9781629939209
StatePublished - 2012
Event5th International Institute of Statistics and Management Engineering Symposium 2012: Data-Driven Management Science under Developing, IISMES 2012 - Dalian City, China
Duration: 20 Jul 201225 Jul 2012

Publication series

Name5th International Institute of Statistics and Management Engineering Symposium 2012: Data-Driven Management Science under Developing, IISMES 2012

Conference

Conference5th International Institute of Statistics and Management Engineering Symposium 2012: Data-Driven Management Science under Developing, IISMES 2012
Country/TerritoryChina
CityDalian City
Period20/07/1225/07/12

Keywords

  • Corporate profits
  • Product reliability
  • System dynamics

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