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To stay ahead of open competition, labour-intensive small and medium-sized enterprises, such as Leather, Textile and Garment, resorted to choose the best alternate production system that were popular in other sectors. This paper discusses a simulation as a decision making tool to choose the best alternate production system for leather small and medium-sized enterprises (LSMEs). The simulation models...
Labour-intensive small and medium-sized enterprises (SMEs) play an important role in stimulating employment and export in developing countries like India. Labour-intensive small and medium-sized enterprises, such as Leather, Textile and Garment, tried to implement the lean manufacturing for improving the competitiveness. The objective of this paper is to implement the lean manufacturing using value...
Corporate finance is the backbone of the development, its classical classification is huge and complex. People tend to have more impact on the factors that affect the analysis.,it is subjective and not comprehensive. In this paper, the financial system of the China Company to carry out the logical structure of the index,in view of the complex problem of coupling factors, the algorithm of nonlinear...
The proliferation of crowdsourcing initiatives ever since the term crowdsourcing was coined in 2006, poses a challenge in understanding the theoretical concept of crowd-sourcing. The number of crowdsourcing initiatives mushrooms with many initiatives implemented before the crowdsourcing concept can be clearly and completely understood. In order to be able to understand the current state of crowdsourcing...
Business process modeling means to describe the set of activities either within the companies or organizations. A variety of approaches used and the level of complexity is a problem that often occurs within applicability therefore needed a way to measure the degree of correspondence between the model of Business Process. By measuring the level of compatibility model in Business Process expected company...
IT service catalogs are a pivotal element for managing IT services in many organizations, in accordance with common practice IT service management frameworks such as the IT Infrastructure Library. However, both in theory and practice, IT service catalogs are underspecified as much emphasis is put on the structure and content of the catalogs while the use and integration into IT service management...
Data analytics is an emerging domain in information systems literature and an increasing number of companies try to use data analytics to make sense out of their environment. Accordingly, the ability of companies to leverage digital data to explore new business opportunities becomes important to develop competitive advantage in digitalized world. Consequently, extant literature investigates different...
An increasing number of companies is offering their products and services online free of charge. As the basic service is offered for free, in order to generate sufficient revenue, ever new ways of monetization need to be explored. One way to generate additional value is to try to exploit the user base and the user data available. Further, businesses try to create completely new business models by...
This work simulated some alternatives of dynamic allocation of additional human resources in a company that produces various products from Pupunha palm. Its goal was to increase the average amount of trays produced per day in this line through a hybrid application of discrete event and agent-based simulation. Two different decision-making forms were proposed to find out which workstation should have...
Under “Cap-and-Trade” conditions, a manufacturer is restricted in total carbon dioxide equivalent (CO2e) emission through an initial allocation of emission quotes (EQ), but allowed to purchase emission quotes (i.e. commercialized permits for emitting CO2e) to satisfy additional needs via a trading market. Alternatively it can reduce its emission through self-purification (SP) to decrease its need...
This paper measures marketing ability and financial performance and examines what cause the overall operations inefficiency based on the operational process decomposition. The empirical research on e-portal and e-commerce company show that e-portal company has better marketing ability while e-commerce firm has better financial performance. For e-commerce company, it is marketing ability conversion...
Consumer-oriented companies can no longer afford to make decisions or measure results based on gut feeling. They must be able to take advantage of all available data. Advanced analytics makes it possible to capture value and benefit from big data, however, this isn't a given. Companies must hire, develop, and retain skilled analysts, who can distinguish relevant from irrelevant data, draw the right...
In this paper, we developed a business model of Social Web of Services that combines the idea of common social web and usual service selling, enhancing usual suggested ways of controlling smart devices. We modelled human-thing interactions using an agent-based simulation (ABM) to investigate the impact of IoT on human (user) behaviour patterns in order to provide analytical support and enhance the...
COBIT 5 is a framework, released in 2012 by ISACA, which can help enterprise set governance objective and plan strategy effectively, to make enterprise create business value. It can be used to identify and manage risk and intensify the IT services. The main findings of this study could help enterprise understand that: (1) The IT management process of COBIT 5 has a significant direct impact on internal...
BIM is a newly emerged concept improves the productivity and sustainability of Architecture Engineering and Construction (AEC) projects. The recent evolution of Building Information Modelling (BIM) reached a bottleneck, where BIM's effectiveness need to be identified for further improvement. It also provides users with a guidance and assistance, with priorities of implementation, is urgently needed...
Dynamic capabilities, as vehicles to cope with environmental changes, have become extremely popular due to constantly high environmental turbulence. There exist wide variety of capabilities, two most popular ones in globalized and fast changing world are R&D and export. From exploration-exploitation perspective of company, both capabilities have explorative tendencies, interdependent to each-other...
Lean and simulation analysis are driven by the same objective, how to better design and improve processes making the companies more competitive. The adoption of lean has been widely spread in companies from public to private sectors and simulation is nowadays becoming more and more popular. Several authors have pointed out the benefits of combining simulation and lean, however, they are still rarely...
The costs incurred by cloud providers towards operating their data centers are often determined in large part by their peak demands. The pricing schemes currently used by cloud providers to recoup these costs from their tenants, however, do not distinguish tenants based on their contributions to the cloud's overall peak demand. Using the concrete example of peak-based pricing as employed by many electric...
In the requirements definition phase, conceptual models are used to understand the developing software. Although scenarios are often described on the basis of conceptual models, there are cases that necessary requirements are omitted in the scenarios when the scenarios are created manually. Herein we propose an approach to support scenario creation from conceptual models where event lists of scenarios,...
Currently, the electricity demand is exponentially increasing due to the population growth. Therefore, the demand side management (DSM) is becoming unavoidable especially with the increasing use of renewable energy sources. One of the most known tactics of DSM is the use pricing strategies to threaten users to schedule their loads by controlling their own appliances. In this paper, a new model of...
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