A BAYESIAN BELIEF NETWORK STUDY ON BUSINESS PERFORMANCE FROM THE PERSPECTIVE OF DIFFERENT LEAN TOOLS

Authors

  • Akash Saha Ahsanullah University of Science and Technology
  • Sakib Muntasir Rahman Ahsanullah University of Science and Technology
  • Shohel Ahammed Bhuiyan Ahsanullah University of Science and Technology
  • Abdullah Ibne Yousuf Chowdhury Ahsanullah University of Science and Technology
  • Tanvir Mahatab Ahsanullah University of Science and Technology

Keywords:

BAYESIAN NETWORK, BUSINESS PERFORMANCE, LEAN TOOLS

Abstract

This study creates and employs a Bayesian Belief Network to demonstrate the monetary and non-effects of various permutations of lean approaches on the value of the companies (BBN) The Bayesian Belief Network is used to analyze the effects of nine small factors on three successful measures. The BBN is built on lean principles that encourage organizational responsiveness, effectiveness, quality, productivity, and time of operations, all of which would improve the supplier's sustainable, non-financial, and financial results. This study offers a fresh perspective on how Bayesian networks might be applied to business performance measurements that take into account both the tangible and intangible outcomes under shifting business situations.

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Published

2022-08-30 — Updated on 2022-09-05

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How to Cite

Akash Saha, Sakib Muntasir Rahman, Shohel Ahammed Bhuiyan, Abdullah Ibne Yousuf Chowdhury, & Tanvir Mahatab. (2022). A BAYESIAN BELIEF NETWORK STUDY ON BUSINESS PERFORMANCE FROM THE PERSPECTIVE OF DIFFERENT LEAN TOOLS. Supply Chain Insider | ISSN: 2617-7420 (Print), 2617-7420 (Online), 7(1). Retrieved from https://supplychaininsider.org/ojs/index.php/home/article/view/11 (Original work published August 30, 2022)

Issue

Vol. 7 No. 1 (2022): Supply Chain Insider

Section

Articles