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Unified approach utilizing entropy to measure operational complexity of supplier-customer system ? case studies

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F11%3A43899346" target="_blank" >RIV/49777513:23510/11:43899346 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Unified approach utilizing entropy to measure operational complexity of supplier-customer system ? case studies

  • Original language description

    Paper discusses unified approach based upon entropy for quantitative measurement of operational complexity of company supplier-customer relations. We assume a problem-oriented database exists, which contains detailed records of all product forecasts, orders and deliveries both in quantity and time, scheduled and realized, too. Basic DB pre-processing detects the most important flow variations, e.g. order ? forecast, delivery ? order, and actual production ? scheduled one, provided set of states monitoring various flow variations having been defined. The variation states are classified considering their severity with respect to management control decisions. After consistency checks of collected data, histograms and empirical distribution functions are constructed. Finally, the entropy, information-theoretic measure of supplier-customer operational complexity, is calculated by Mathematica module developed. Results of supplier-customer system analysis from selected Czech SME are presented

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/LC06075" target="_blank" >LC06075: Center for Research in Economic Dynamics and Econometrics</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2011

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Mathematical Methods in Economics 2011

  • ISBN

    978-80-7431-058-4

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    254-259

  • Publisher name

    Professional Publishing

  • Place of publication

    Praha

  • Event location

    Janská Dolina, Slovakia

  • Event date

    Sep 6, 2011

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article