Business performance management today does not possess a rigorous and grounded engineering methodology capable of delivering reliably measured values to backing up decision making. Much more it is the art of executive gurus who listen to their backbone experience and take their decisions using intuitive and heuristic approaches. This vagueness appears to be one of the main reasons for current d...

In future IoT big-data management and knowledge discovery for large scale industrial automation application, the importance of industrial internet is increasing day by day. Several diversified technologies such as IoT (Internet of Things), computational intelligence, machine type communication, big-data, and sensor technology can be incorporated together to improve the data management and knowl...

The goal of any load-management program is to maintain, as nearly as possible, a constant level of load, thereby allowing the system load factor to approach 100%. The important bene®ts of load management are reduction in maximum demand, reduction in power loss, better equipment utilisation and saving through reduced maximum demand charges. Load shifting, one of the simplest methods of load mana...

The thermal management of lighting electronics is for a great deal supported by simulation tools. Results strongly depend amongst others on the component models, the modelling of radiation heat transport and the value of the component heat production. This paper gives a survey of how these topics are dealt with in a product engineering environment and the directions for improvement.

In designing a supply chain, firms are often faced with the competing demands of improved customer service and reduced cost. We develop a model that incorporates fixed distribution center location costs, working and safety stock inventory costs at the distribution centers, fixed and variable transport costs from a plant to the distribution centers and delivery costs to customers. Service is mea...

Risk management (RM) is today a commonly used term in many different disciplines (e.g. economy, industry, human resources, IT). Its goal is firstly to identify risks (e.g. of a machine operation, human behaviour or of a whole project) which can cause harm to properties, persons or environment. Secondly the RM should evaluate probabilities and severities of these unwanted events and propose meas...

Competence management is a quite recent but important topic addressed by nowadays companies for improving their organization. With examples coming from several industrial projects, we show the difficulty of defining a consistent competence management framework, and exhibit the inconsistencies which can result from an insufficient analysis of this domain. Some guidelines are suggested in order t...

1 A Social Media Mining and Analysis Approach for Supporting Cyber Youth Work; W.M. Wang, Knowledge Management and Innovation Research Centre, Department of Industrial and Systems Engineering, The Hong Kong Polytechnic University, Hong Kong Benny C.F. Cheung, Knowledge Management and Innovation Research Centre, Department of Industrial and Systems Engineering, The Hong Kong Polytechnic Universi...

certain characteristics of sometimes bear such significance that they bring about change of meaning not only in specific domains but also in the general concepts of mangagement. close attention to the special concepts of industrial, military, administrative, educational and political management reveals the subtlety, complexity and role of this point when we explain management issues.