A System Dynamics Modeling Approach for Corporate Profit With Product Reliability

Wenbing CHANG, Jing JIN, Shenghan ZHOU

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.


Keywords


System dynamics; Product reliability; Corporate profits

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References


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DOI: http://dx.doi.org/10.3968%2F3946

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