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Description
  • Measurement of operational complexity of company supplier-customer relations belongs to important managerial tasks. In the present work, we deal with quantitative measuring of these relations on the base of entropy approach. We assume a problem-oriented database exists, which contains detailed records of all product orders, deliveries and forecasts both in volume and time being scheduled and realized, within time period given. However, managerial practice shows that instead of crisp definition of order and delivery variations, more flexible approach based upon control thresholds is utilized. Application of such thresholds provides sensitive instruments to evaluate conditional entropy of supplier-customer relations. Further, we concern ourselves with other quantitative perturbations Illustrative results of operational complexity of malted barley supplier system being focused on volume variations are presented, as well.
  • Measurement of operational complexity of company supplier-customer relations belongs to important managerial tasks. In the present work, we deal with quantitative measuring of these relations on the base of entropy approach. We assume a problem-oriented database exists, which contains detailed records of all product orders, deliveries and forecasts both in volume and time being scheduled and realized, within time period given. However, managerial practice shows that instead of crisp definition of order and delivery variations, more flexible approach based upon control thresholds is utilized. Application of such thresholds provides sensitive instruments to evaluate conditional entropy of supplier-customer relations. Further, we concern ourselves with other quantitative perturbations Illustrative results of operational complexity of malted barley supplier system being focused on volume variations are presented, as well. (en)
Title
  • Quantitative measurement of operational complexity of supplier-customer system with time and volume flow variations by entropy
  • Quantitative measurement of operational complexity of supplier-customer system with time and volume flow variations by entropy (en)
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  • Quantitative measurement of operational complexity of supplier-customer system with time and volume flow variations by entropy
  • Quantitative measurement of operational complexity of supplier-customer system with time and volume flow variations by entropy (en)
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  • RIV/49777513:23510/13:43919873!RIV14-MSM-23510___
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  • 101215
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  • RIV/49777513:23510/13:43919873
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  • information and entropy.; complexity measures; firm performance; supplier-customer systems; business economics (en)
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  • [ECCD7740EBB5]
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  • Chania, Crete Island, Greece
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  • Athens
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  • Recent Researches in Applied Economics & Management, Proceedings of 5-th Int.Conf. AEBD'13
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  • Hofman, Jiří
  • Lukáš, Ladislav
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  • WSEAS Press
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  • 978-960-474-323-0
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  • 23510
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