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AUTHOR(S):

Ratko Bozic, Zana Bozic Brkic, Bozic Sandro

 

TITLE

Investigation of the Organisational Business System of Management of Material and Informational Flows in Productive Company

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ABSTRACT

Due to the complexity and scope of business management of an organizational business process or production-distribution system, global simulation models of companies are presented in a modular way, ie with seven relevant subsystems: Subsystem of production and inventory; Credit subsystem; Debt subsystem; Production capacity subsystem; Cash flow subsystem; Gross income-net income subsystem; The demand subsystem for the organization's products, which are a common structural feature of any productive business organization. Production organization system, ie production organization, consists of several subsystems, ie modules that directly or indirectly affect some or even all of the listed variables, ie indicators. In order to discover the connection between these variables (indicators) and individual modules, it is necessary to have a good knowledge of such complex business-dynamic processes. By simulating the process of a production organization, various behaviors of that organization to different stimulus can be predicted.

KEYWORDS

System Dynamics, Modelling, Optimization, Continuous and Discrete simulation, Business System.

 

Cite this paper

Ratko Bozic, Zana Bozic Brkic, Bozic Sandro. (2021) Investigation of the Organisational Business System of Management of Material and Informational Flows in Productive Company. International Journal of Economics and Management Systems, 6, 316-321

 

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