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NOVOTNÁ, V. ŠKAPA, S.
Originální název
A Nonlinear Microeconomic Model of Goods Production and Sale Using Functional Analysis
Typ
článek ve sborníku ve WoS nebo Scopus
Jazyk
angličtina
Originální abstrakt
Mathematical methods have been used with increasing success in solving particular tasks of dynamic process modelling, both in macroeconomics and microeconomics. The efforts to simulate processes in situations when experiments on real objects cannot be performed or such experiments would be uneconomical are the most fre-quent reason for modelling in microeconomics. This paper presents a nonlinear dynamic model of production, storage and sale of daily consumer goods, accounting for the impact of history on the behaviour of the respec-tive values at present. The model is described using the so-called ordinary delay differential equations and may be used in production planning or as a part of models addressing issues of cooperation or competition. The solu-tion is demonstrated on a practical example and is presented graphically.
Klíčová slova
goods, delay differential equations, functional differential equation, microeconomic model
Autoři
NOVOTNÁ, V.; ŠKAPA, S.
Vydáno
2. 11. 2017
Nakladatel
Management Academic Society in Romania
Místo
Bucharest
ISSN
2286-1440
Periodikum
INTERNATIONAL MANAGEMENT CONFERENCE
Stát
Rumunsko
Strany od
1
Strany do
8
Strany počet
6
BibTex
@inproceedings{BUT142573, author="Veronika {Novotná} and Stanislav {Škapa}", title="A Nonlinear Microeconomic Model of Goods Production and Sale Using Functional Analysis", booktitle="PROCEEDINGS OF THE 11th INTERNATIONAL MANAGEMENT CONFERENCE - The Role of Management in the Economic Paradigm of the XXIst Century ", year="2017", journal="INTERNATIONAL MANAGEMENT CONFERENCE", pages="1--8", publisher="Management Academic Society in Romania", address="Bucharest", issn="2286-1440" }