Complexity Management and Its Impact on Economy
Journal: TEM JOURNAL - Technology, Education, Management, Informatics (Vol.7, No. 2)Publication Date: 2018-05-25
Authors : Annamaria Behunova Zuzana Soltysova Marcel Behun;
Page : 324-329
Keywords : Mass customization; Complexity management; Cost; Demand; Production;
Abstract
The purpose of this article is to describe how complexity impacts on economy. Firstly, the paper introduces and defines the term mass customization and related definitions of a supply and demand function. Subsequently, two domains, market equilibrium and complexity are presented and the complexity impact on economy is studied by changing modularity. Finally, modularity demonstration is shown on the selected examples and enumerated by proposed approaches.
Other Latest Articles
- Risk Analysis for Performance Improvement in a Romanian Pharmaceutical Company
- Geochemical Partitioning of Some Heavy Metals in Bottom Sediment of River Delimi in Jos, Nigeria
- Molecular Cloning of Sucrose Isomerase Gene and Agrobacterium-Mediated Genetic Transformation of Potato (Solanum tuberosum L.) Plants
- Majority Vote of Ensemble Machine Learning Methods for Real-Time Epilepsy Prediction Applied on EEG Pediatric Data
- Effect of IN-OVO injection with Nano Iron -Particles on Physiological Responses and Performance of Broiler Chickens under Saini Conditions
Last modified: 2018-06-01 22:45:44