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A Fuzzy Profit Performance Measurement System Based on TOC Concepts

Publish place: International Conference on Management, Economics, Financial System
Publish Year: 1394
Type: Conference paper
Language: English
View: 813

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Link to this Paper:
https://civilica.com/doc/390309

Document National Code:

MEFS01_077

Index date: 14 October 2015

A Fuzzy Profit Performance Measurement System Based on TOC Concepts abstract

Due to high orders variation in job shops, and importance of profitability as a performance measure in selection process, a fuzzy profit performance measurement decision support system (FPPM-DSS) is constructed to assist managers deal with selection problem of received orders. In this paper, a Mamdani type fuzzy inference system is employed based on two metrics of theory of constraints (TOC) namely return on investment (ROI), productivity and also production rate as a considering criterion. Finally, an application of FPPM-DSS is also designed and implemented in a real world case via MATLAB software to show simplicity and applicability of the model.

A Fuzzy Profit Performance Measurement System Based on TOC Concepts Keywords:

Job shop , Fuzzy inference system , Theory of Constraints , Profitability

A Fuzzy Profit Performance Measurement System Based on TOC Concepts authors

Sassan Sepassi

Master of Science in Industrial Management Allameh Tabatabaei University, Tehran-Iran Toklan Toos Manufacturing Groups, Mashhad-Iran

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