The PACTUM model: product analysis of cost and time using mathematics

Easters, DJ ORCID: https://orcid.org/0000-0002-7614-9181, 2014. The PACTUM model: product analysis of cost and time using mathematics. International Journal of Modeling, Simulation, and Scientific Computing, 5 (1). ISSN 1793-9623

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Abstract

Establishing a mathematical supply-chain model is a proposition that has received attention due to its inherent benefits of evolving global supply-chain efficiencies. This paper discusses the prevailing relationships found within apparel supply-chain environments, and contemplates the complex issues indicated for constituting a mathematical model. Principal results identified within the data suggest, that the multifarious nature of global supply-chain activities require a degree of simplification in order to fully dilate the necessary factors which affect, each sub-section of the chain. Subsequently, the research findings allowed the division of supply-chain components into sub-sections, which amassed a coherent method of product development activity. Concurrently, the supply-chain model was found to allow systematic mathematical formulae analysis, of cost and time, within the multiple contexts of each sub-section encountered. The paper indicates the supply-chain model structure, the mathematics, and considers how product analysis of cost and time can improve the comprehension of product lifecycle management.

Item Type:	Journal article
Publication Title:	International Journal of Modeling, Simulation, and Scientific Computing
Creators:	Easters, D.J.
Publisher:	World Scientific
Date:	2014
Volume:	5
Number:	1
ISSN:	1793-9623
Identifiers:	Number Type 10.1142/S1793962314410049 DOI
Divisions:	Schools > School of Art and Design
Record created by:	EPrints Services
Date Added:	09 Oct 2015 10:23
Last Modified:	09 Jun 2017 13:28
URI:	https://irep.ntu.ac.uk/id/eprint/12276

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