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Publication detail
DOSTÁL, P.
Original Title
The Use of Simulation in Business Area
Type
journal article - other
Language
English
Original Abstract
The aim of the article is to present the possible use of simulation in business. The suggested methodology uses the partial differential equations of second order. The built up model is described, its inputs and outputs are explained and interpretation of its results are mentioned. The case study is presented on simulation in business. The conclusion covers the advantages and disadvantages of simulation. The simulation serves as a support of decision making processes to entrepreneurs.
Keywords
Simulation, model, business, decision making, entrepreneuers
Authors
RIV year
2011
Released
19. 5. 2011
Publisher
Izhevsk State Technical University
Location
Izhevsk State
ISBN
1813-7903
Periodical
Vestnik Izhevsk State Technical University
Year of study
40
Number
02
State
Russian Federation
Pages from
50
Pages to
56
Pages count
7
BibTex
@article{BUT72507, author="Petr {Dostál}", title="The Use of Simulation in Business Area", journal="Vestnik Izhevsk State Technical University", year="2011", volume="40", number="02", pages="50--56", issn="1813-7903" }