EconPapers    
Economics at your fingertips  
 

Mathematical Modelling Designed for Monitoring Traceability and Quality Statistical Control in Romanian SMEs

Mircea Raul Bogdan (), Lile Ramona, Tucu Dumitru, Gal Lucian and Babanatsas Theoharis
Additional contact information
Mircea Raul Bogdan: Polytechnical University of Timisoara, Romania
Lile Ramona: Aurel Vlaicu University of Arad, Romania
Tucu Dumitru: Polytechnical University of Timisoara, Romania
Gal Lucian: Aurel Vlaicu University of Arad, Romania
Babanatsas Theoharis: Aurel Vlaicu University of Arad, Romania

Valahian Journal of Economic Studies, 2023, vol. 14, issue 1, 25-36

Abstract: The paper presents a confirmed case of a factory in the west of the country, where the stochastic modeling generated by the software was implemented into SAP. This project was born out of necessity. Thus, to keep the processes under control and contribute to their improvement, they must be monitored, measured and analyzed regularly. As long as the main process indicators are monitored, the need to take corrective or improvement actions (whether reorganization or additional investment is needed) can be detected in time so that the company’s performance does not decrease to the level where the customer is no longer satisfied of the quality of the delivered products or too high non-quality costs appear that will no longer allow the achievement of the established objectives (Besterfield, D. H. et al., 2011). The program is presented in detail, starting with the introduction of collected data, the processing and generation of indicator graphs. The indicators have high accuracy and greatly help in making decisions. Finally, an improvement in production can be observed following the use of this software (Bourne, M., & Bourne, P., 2012). The purpose of our study is to create a stochastic mathematical model. Starting from a specific condition in SMEs from Romania, this study presents possibilities of innovation in operational structures specialized in quality monitoring, traceability and statistical control based on integrated modules in general software. The innovation process is based on data collected and monitored in real-time from the manufacturing process in conditions where the system ensures quality compliance at all stages of production. Through its modern functionalities, blockages are eliminated, waste of time is avoided, materials and money are saved, and it strengthens the business partnerships and the company’s position in the market. Results regarding particular implementations are preserved. Data is collected and monitored in real-time and the system ensures quality compliance at all stages of production.

Keywords: Quality; monitoring; software; mathematics; improvements (search for similar items in EconPapers)
Date: 2023
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/vjes-2023-0004 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:vaecst:v:14:y:2023:i:1:p:25-36:n:8

DOI: 10.2478/vjes-2023-0004

Access Statistics for this article

Valahian Journal of Economic Studies is currently edited by Ion Stegăroiu

More articles in Valahian Journal of Economic Studies from Sciendo
Bibliographic data for series maintained by Peter Golla ().

 
Page updated 2025-03-20
Handle: RePEc:vrs:vaecst:v:14:y:2023:i:1:p:25-36:n:8