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The PACTUM model: Product analysis of cost and time using mathematics.
- Source :
- International Journal of Modeling, Simulation & Scientific Computing; Oct2014 Supplement, Vol. 5, p-1, 20p
- Publication Year :
- 2014
-
Abstract
- Establishing a mathematical supply-chain model is a proposition that has received attention due to its inherent benefits of evolving global supply-chain efficiencies. This paper discusses the prevailing relationships found within apparel supply-chain environments, and contemplates the complex issues indicated for constituting a mathematical model. Principal results identified within the data suggest, that the multifarious nature of global supply-chain activities require a degree of simplification in order to fully dilate the necessary factors which affect, each subsection of the chain. Subsequently, the research findings allowed the division of supply-chain components into subsections, which amassed a coherent method of product development activity. Concurrently, the supply-chain model was found to allow systematic mathematical formulae analysis, of cost and time, within the multiple contexts of each subsection encountered. The paper indicates the supply-chain model structure, the mathematics, and considers how product analysis of cost and time can improve the comprehension of product lifecycle management. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 17939623
- Volume :
- 5
- Database :
- Complementary Index
- Journal :
- International Journal of Modeling, Simulation & Scientific Computing
- Publication Type :
- Academic Journal
- Accession number :
- 98624424
- Full Text :
- https://doi.org/10.1142/S1793962314410049