Multi-factor analysis of firm-level performance through feed-forward, feed-back relationships

Author

Park, Young H. ; Miller, David M.

Author_Institution

Dept. of Ind. Eng., Kwandong Univ., Kang Reung, South Korea

Volume

2

fYear

1998

fDate

13-16 Dec 1998

Firstpage

1519

Abstract

The article presents the results of research to develop a descriptive model of firm level productivity that will allow a myriad of factor interactions to be directly accounted for. The model is a linked set of equations that attempt to capture how changes in one factor influences the level of another factor, and ultimately bottom line performance. The model is coded in SIMAN. It is used to determine the best use of an infusion of funds-should they go for additional automation, or training, etc. An application of the model to US industry is presented based on parameter values obtained through a national survey

Keywords

digital simulation; feedforward; manufacturing data processing; simulation languages; SIMAN; US industry; bottom line performance; descriptive model; factor interactions; feed-back relationships; firm level productivity; firm-level performance; multi factor analysis; national survey; parameter values; Automation; Costs; Equations; Feedforward systems; Gain measurement; Industrial engineering; Industrial training; Management training; Performance analysis; Productivity;

fLanguage

English

Publisher

ieee

Conference_Titel

Simulation Conference Proceedings, 1998. Winter

Conference_Location

Washington, DC

Print_ISBN

0-7803-5133-9

Type

conf

DOI

10.1109/WSC.1998.746024

Filename

746024