An approach to a coordinating model of the managing process and techniques of applied mathematics: Dissertation

Ben Malmström

Research output: ThesisDissertationMonograph


The study aims at the theoretical deduction of a concept or model with the ability to represent the formal managing process and, on the other hand, to adapt common management techniques of applied mathematics. The business firm is considered an open system where activities are thought of as outputs from and inputs to primary elements forming the real system structure and hierarchy. The operations form interacting activity programs, and it is found that these time series constitute a common denominator on the basis of which a comprehensive model can be built. The projected double entry account conception is developed as a deduction which has the ability to picture the activity and structure of the real business system, to represent the effect of the formal managing process, and to adapt common management techniques of applied mathematics. The projected account for industrial transformation processes seems to be the key invention which allows a consistent buildup of the theoretical model. Finally some features and further developments of the theoretical concept are discussed.
Original languageEnglish
QualificationDoctor Degree
Awarding Institution
  • Aalto University
Place of PublicationEspoo
Print ISBNs951-38-1496-3
Publication statusPublished - 1982
MoE publication typeG4 Doctoral dissertation (monograph)


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