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Full-Text Articles in Business Administration, Management, and Operations

The Modeling Process Of The Materials Management System In A Manufacturing Company Based On The System Dynamics Method, Małgorzata Baran Jan 2013

The Modeling Process Of The Materials Management System In A Manufacturing Company Based On The System Dynamics Method, Małgorzata Baran

Journal of Entrepreneurship, Management and Innovation JEMI

The article presents the steps of modeling of the material management system in a manufacturing company. First, the modeling procedures indicating by Forrester, Łukaszewicz, Souček, Tarajkowski and Sterman were described and the essence of materials management in a manufacturing company was presented. Next, modeling of the materials management system was shown - step by step. Initially, the variables of the mental model connected with materials were defined, then variables in casual loop diagrams were linked. Diagrams were transformed into a simulation model that has been verified. The validation of the simulation model was conducted by using the following methods: assessing …


What Is Strategy?, Steven Slezak Jan 2013

What Is Strategy?, Steven Slezak

Steven Slezak

A presentation outlining the nature of strategy, emphasizing its paradoxical nature, describing its structure, and describing competitive advantage and the value chain.