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Static process simulation has traditionally been used to model comlex processes for various purposes. ... A process model applicable to holistic economic examinations has been developed in this work. The model is based on the life style cycle profit philosophy developed by Hagberg and Henriksson in 1996. . ... The results of the study shows that on the basis of the principles of life cycle modeling, a process model can be created which may be used to produce holistic efficiency examinations on the profit-making capability of the production line, with fewer resources than with traditional methods....
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