Search Results - subject:"Equation of Profit"

Predicting the Profit Potential of a Microeconomic Process: An Information Theoretic/Thermodynamic Approach

George, Michael Louis - Institute of Business Entropy - 2007

processes. The resulting Equation of Profit allows the prediction of the amount of waste cost elimination based on explicit Lean …

Persistent link: https://www.econbiz.de/10005017309

Predicting the Profit Potential of a Microeconomic Process: An Information Theoretic/Thermodynamic Approach

George, Michael - Volkswirtschaftliche Fakultät, … - 2007

the magnitude of Boltzmann’s Constant for Microeconomic processes. The resulting Equation of Profit allows the prediction …

Persistent link: https://www.econbiz.de/10005623566

Predicting the Profit Potential of a Microeconomic Process: An Information Theoretic/Thermodynamic Approach

George, Michael - Volkswirtschaftliche Fakultät, … - 2007

processes. The resulting Equation of Profit allows the prediction of the amount of waste cost elimination based on explicit Lean …

Persistent link: https://www.econbiz.de/10005619319

United States Patent Application Publication - Predictive Cost Reduction Based on a Thermodynamic Model

George, Michael Louis - Institute of Business Entropy - 2007

Predictive cost reduction based on a thermodynamic model, in which parameters associated with a process are accessed. The parameters include a quantity of units of work-in-process at first and second times, and first and second constants respectively indicative of growth between the first and...

Persistent link: https://www.econbiz.de/10009643127