TY - GEN
T1 - Conceptual modeling for vital power scale for corporate management by theory of constraint
AU - Doi, Hirofumi
AU - Shinoda, Takeshi
N1 - Publisher Copyright:
© 2019 The authors and IOS Press.
PY - 2019/10/7
Y1 - 2019/10/7
N2 - According with the exponential growth of Information Technology and current volatility world, the company has to drive uncertainty much rather than before. This is the time that keeping still shall result in termination of company. Therefore it is important to clarify the priority evaluation measure for continuing company operation, which we will define the vital power scale in this paper. Focusing working capital (Cash enable company to do legal payment to any stakeholders), which is essential to maintain company operation, evaluation measure for vital power of company (major measurable factor to evaluate working capital or practical measurable index for corporate management, corporate management is to enable to keep company alive) has been studied with TOC (Theory of constraints). Investigation has been done by using dice simulation having assumption of linkage and fluctuation in system, which is introduced by TOC, under the variable market price and varying company productivity.
AB - According with the exponential growth of Information Technology and current volatility world, the company has to drive uncertainty much rather than before. This is the time that keeping still shall result in termination of company. Therefore it is important to clarify the priority evaluation measure for continuing company operation, which we will define the vital power scale in this paper. Focusing working capital (Cash enable company to do legal payment to any stakeholders), which is essential to maintain company operation, evaluation measure for vital power of company (major measurable factor to evaluate working capital or practical measurable index for corporate management, corporate management is to enable to keep company alive) has been studied with TOC (Theory of constraints). Investigation has been done by using dice simulation having assumption of linkage and fluctuation in system, which is introduced by TOC, under the variable market price and varying company productivity.
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U2 - 10.3233/ATDE190120
DO - 10.3233/ATDE190120
M3 - Conference contribution
AN - SCOPUS:85082523160
T3 - Advances in Transdisciplinary Engineering
SP - 167
EP - 176
BT - Transdisciplinary Engineering for Complex Socio-technical Systems - Proceedings of the 26th ISTE International Conference on Transdisciplinary Engineering
A2 - Hiekata, Kazuo
A2 - Moser, `Brian
A2 - Moser, Brian
A2 - Inoue, Masato
A2 - Stjepandic, Josip
A2 - Wognum, Nel
PB - IOS Press BV
T2 - 26th ISTE International Conference on Transdisciplinary Engineering, TE 2019
Y2 - 30 July 2019 through 1 August 2019
ER -