In the most general term, a digital twin (DT) represents a digital counterpart of a physical entity, encom-passing its entire lifecycle, continually updated with real-time data, and serving as a decision support tool (IBM-A, nd). The digital twin concept has been around since the 1960s; however, it has started to gain traction only relatively recently, due to technological advances that we disc…
An organization consists mainly of four functional subsystems, viz. marketing, production, finance and human resource management. The marketing function of an organization aims to promote its products among customers which help it to obtain sales orders. This, in turn, is communicated to the production subsystem which is concerned with the management of physical resources for production of an i…