Complexity Management and Its Impact on Economy
Complexity Management and Its Impact on Economy
Author(s): Annamaria Behunova, Zuzana Soltysova, Marcel BehunSubject(s): ICT Information and Communications Technologies
Published by: UIKTEN - Association for Information Communication Technology Education and Science
Keywords: Mass customization; Complexity management; Cost; Demand; Production;
Summary/Abstract: The purpose of this article is to describe how complexity impacts on economy. Firstly, the paper introduces and defines the term mass customization and related definitions of a supply and demand function. Subsequently, two domains, market equilibrium and complexity are presented and the complexity impact on economy is studied by changing modularity. Finally, modularity demonstration is shown on the selected examples and enumerated by proposed approaches.
Journal: TEM Journal
- Issue Year: 7/2018
- Issue No: 2
- Page Range: 324-329
- Page Count: 6
- Language: English
