A System Dynamics Modeling Approach for Corporate Profit With Product Reliability
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.
Ashayeri, J., & Lemmes, L. (2006). Economic value added of supply chain demand planning: A system dynamics simulation. Robotics and Computer-Integrated Manufacturing, 22, 550-556.
Campuzanoa, F., Mulab, J., & Peidro, D. (2010). Fuzzy estimations and system dynamics for improving supply chains. Fuzzy Sets and Systems, 161, 1530-1542.
Ding, T. Y. (2009). The system dynamics model of the cost-benefit relationship of the power plant profits. Foreign Investment in China, 189, 92-94.
Kimura, M., Toyota, T., & Yamada, S. (1999). Economic analysis of software release problems with warranty cost and reliability requirement. Reliability Engineering and System Safety, 66, 49-55.
Kleyner. A., & Sandborn, P. (2008). Minimizing life cycle cost by managing product reliability via validation plan and warranty return cost. Int. J. Production Economics, 112, 796-807.
Liu, H. Y., et al. (2010). Analysis of model structure of the enterprise profit system based on system dynamics. Contemporary Economics, 22, 158-159.
Lü, Y. H. (2012). Research on industrial enterprise capital cost and reasonable capital chain. Financial Credit, 77-80.
Luo, M. (2009). Research on evaluation and improvement of the performance of the supply chain in the aeronautic weapon manufacturing (Doctoral dissertation). Nanchang: Nanchang University.
Shi, X. J., et al. (2004). Research on relation model of life cycle cost and reliability. Journal of Wuhan University of Technology, 8(28).
Smith, P. C., & Ackere, A. V. (2002). A note on the integration of system dynamics and economic models. Journal of Economic Dynamics & Control, 26, 1-10.
Sundkvist, R., Hedman, R., & Almström, P. (2012). A model for linking shop floor improvements to manufacturing cost and profitability. International Journal of Computer Integrated Manufacturing, 25, 315-325.
Zhang, X. C., & Han, Y. Q. (2001). Optimization of cost and reliability. Journal of Nanjing University of Technology, 10, 550-553.
- There are currently no refbacks.
How to do online submission to another Journal?
If you have already registered in Journal A, then how can you submit another article to Journal B? It takes two steps to make it happen:
1. Register yourself in Journal B as an Author
Find the journal you want to submit to in CATEGORIES, click on “VIEW JOURNAL”, “Online Submissions”, “GO TO LOGIN” and “Edit My Profile”. Check “Author” on the “Edit Profile” page, then “Save”.
Go to “User Home”, and click on “Author” under the name of Journal B. You may start a New Submission by clicking on “CLICK HERE”.
We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases:
email@example.com; firstname.lastname@example.org; email@example.com
Copyright © 2010 Canadian Research & Development Centre of Sciences and Cultures
Address: 730, 77e AV, Laval, Quebec, H7V 4A8, Canada
Telephone: 1-514-558 6138