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has been cited by the following article:

• TITLE: A Novel Profit Potential Calculation Method Applied to Web Manufacturing

  AUTHORS: Riku Pihko

  KEYWORDS: Profit, Potential, Calculation, Method, Web, Manufacturing

  JOURNAL NAME: Modern Economy, Vol.6 No.4, April 3, 2015

  ABSTRACT: This study applies a constructive research approach to develop a novel profit potential calculation method framework suitable for web manufacturing processes. The theoretical framework is the profit function, which is further developed to form the web profit model. The profit model is optimized with respect to technology and process related input parameters to form the profit potentials. Then, new concepts: profit potentials on different optimization levels of increasing complexity are presented. Application of the novel method is demonstrated with a short case example. The findings show that the created profit potential framework can be applied to web process profit potential analyses. In addition, applying this framework profit potentials for other processes, products, and services can be defined in the future.