Economic Models - Convex Optimization
Economic Models - Convex Optimization
Economic Models - Convex Optimization
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Enterprise Modeling and Integration 127<br />
• OPAL: This is also an AIT project that has proved that EI can be achieved<br />
in design and manufacturing environments using existing ICT solutions<br />
(Bueno, 1998).<br />
• NIIIP (National industrial information infrastructure protocols) (Bolton<br />
et al., 1997).<br />
However, EI suffers from inherent complexity of the field, lack of established<br />
standards, which sometimes happen after the fact, and the rapid and<br />
unstable growth of the basic technology with a lack of commonly supported<br />
global strategy. The EI modeling research community is growing at<br />
a very rapid pace (Fox and Gruninger, 2003). The EIM research so far has<br />
been mostly performed in large research organizations. A few pilot studies<br />
have also been done in large organizations. Hunt (1991) suggests that EIM<br />
is most beneficial to large industrial and government organizations. The<br />
emphasis of current EIM research on large organizations is risky, and may<br />
even have hampered the growth of the field. Enterprise wide modeling is<br />
difficult in large organizations for two reasons: there is seldom any consensus<br />
on exactly how the organization functions and the modeling task may<br />
be so big that by the time any realistic model is built, the underlying domain<br />
may have changed. Whatever these terms mean, we have to seek solutions<br />
to solve industry problems, and this applies to EM and integration.<br />
5. A Framework Setting for EI Modeling<br />
Enterprise integration is a multifaceted task employed for addressing challenges<br />
stemming from various aspects of the globalized economy. The contemporary<br />
business world, economically, politically, and technologically is<br />
a fast-changing world and most if not all enterprises, from small to large,<br />
are continually challenged to evolve as rapidly as the world around them<br />
evolves. Enterprise integration allows an enterprise to function coherently<br />
as a whole and to shift its primary value chain activities in tandem with<br />
its secondary value chain activities according to the challenges or requirements<br />
posed by the enterprise environment or goals set by the enterprise<br />
itself, and most frequently a combination of both (Giachetti, 2004). In this<br />
context, the value chain’s primary and secondary activities are used simply<br />
as a well-known functional-economic view of the enterprise in order to<br />
communicate coherently, as opposed to a semantically accurate or complete<br />
view of the enterprise (Porter, 1985).