Application of operations management modelling towards optimising research and development performance processes in the oil and gas industry: the case of SINOPEC Corp. and NNPC
Abstract:This work intends to optimise research and development performance in the oil and gas industry based on theoretical framework on the principles of structural equation modelling (SEM). We define the bases of the model by six different structural constructs derived from literature and there interdependence in the form of hypotheses. The constructs consist of one latent exogenous variable and five latent endogenous variables. Furthermore, five independent operational variables were established with respect to the… Show more
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