Publication detail

The Use of Simulation in Business Area

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

DOSTÁL, P.

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"
}