| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 719062 | IFAC Proceedings Volumes | 2010 | 4 Pages |
Economic globalization and strong, unprecedented, industrial competition, the overwhelming influence of information and communication technology, the Internet and its most important service, i.e. the World Wide Web have an undisputed impact upon all enterprises, exerting a strong influence on the competition system, the accelerated development of new products and services through reducing the development time of the product life cycle, as well as the improvement of upstream and downstream communication with suppliers and customers. Within this framework, taking into account the decline in worldwide economy, especially during the past few years, this paper aims to proposing a new solution for the low-cost modeling of small and medium-sized enterprises.
