Conceptual modeling for vital power scale for corporate management by theory of constraint

Hirofumi Doi, Takeshi Shinoda

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

According with the exponential growth of Information Technology and current volatility world, the company has to drive uncertainty much rather than before. This is the time that keeping still shall result in termination of company. Therefore it is important to clarify the priority evaluation measure for continuing company operation, which we will define the vital power scale in this paper. Focusing working capital (Cash enable company to do legal payment to any stakeholders), which is essential to maintain company operation, evaluation measure for vital power of company (major measurable factor to evaluate working capital or practical measurable index for corporate management, corporate management is to enable to keep company alive) has been studied with TOC (Theory of constraints). Investigation has been done by using dice simulation having assumption of linkage and fluctuation in system, which is introduced by TOC, under the variable market price and varying company productivity.

Original languageEnglish
Title of host publicationTransdisciplinary Engineering for Complex Socio-technical Systems - Proceedings of the 26th ISTE International Conference on Transdisciplinary Engineering
EditorsKazuo Hiekata, `Brian Moser, Brian Moser, Masato Inoue, Josip Stjepandic, Nel Wognum
PublisherIOS Press BV
Pages167-176
Number of pages10
ISBN (Electronic)9781614994398
DOIs
Publication statusPublished - Oct 7 2019
Event26th ISTE International Conference on Transdisciplinary Engineering, TE 2019 - Tokyo, Japan
Duration: Jul 30 2019Aug 1 2019

Publication series

NameAdvances in Transdisciplinary Engineering
Volume10

Conference

Conference26th ISTE International Conference on Transdisciplinary Engineering, TE 2019
CountryJapan
CityTokyo
Period7/30/198/1/19

All Science Journal Classification (ASJC) codes

  • Computer Science Applications
  • Industrial and Manufacturing Engineering
  • Software
  • Algebra and Number Theory
  • Strategy and Management

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  • Cite this

    Doi, H., & Shinoda, T. (2019). Conceptual modeling for vital power scale for corporate management by theory of constraint. In K. Hiekata, B. Moser, B. Moser, M. Inoue, J. Stjepandic, & N. Wognum (Eds.), Transdisciplinary Engineering for Complex Socio-technical Systems - Proceedings of the 26th ISTE International Conference on Transdisciplinary Engineering (pp. 167-176). (Advances in Transdisciplinary Engineering; Vol. 10). IOS Press BV. https://doi.org/10.3233/ATDE190120