Discrete Science and Knowledge Form

Masayuki Matsui
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Masayuki Matsui: The University of Electro-Communications

Chapter Chapter 2 in Manufacturing and Service Enterprise with Risks II, 2014, pp 7-26 from Springer

Abstract: Abstract This chapter introduces two knowledge forms, namely Matsui’s form and Chameleon’s criteria in the discrete world, and lays the basis for the physics and economics of management. The former is Matsui’s (1977) equation (W = ZL) and its circumference in the cyclic view. This form includes the generalized EOQ formula in 1913, Little’s formula in 1961, and Ohm’s law in physics. The latter is Muda’s form, which represents new criteria for the economic efficiency vs. ‘muda’ (loss) problem and control in the limited-cycle view. These relative criteria control are applicable to the standard vs. allowance time in time study as well as to inventory control, marginal profit and financial problems in enterprises.

Keywords: Arrival Rate; Marginal Profit; Invisible Hand; Inventory Case; Progressive Curve (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-4-431-54619-1_2

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DOI: 10.1007/978-4-431-54619-1_2

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