Detail publikace

The Use of Modern Methods of Mathematical Modelling to Backup Decision Making in Business Management

OLEŠOVSKÝ, V.

Originální název

The Use of Modern Methods of Mathematical Modelling to Backup Decision Making in Business Management

Typ

článek ve sborníku ve WoS nebo Scopus

Jazyk

angličtina

Originální abstrakt

Mathematical economics is a discipline using economic theories and mathematics to investigate the economic legitimacy. The fundamental method of mathematical economics is so called mathematical modelling that is creating models of economic phenomena. In modelling the mathematisation brings mainly objective generalised view of the investigated phenomena and in its consequences leads to formalisation of knowledge and elaboration of new theories, through which it significantly influences the development of the fields. One of the advantages of using mathematics in economics is the fact that mathematics is comprehensible to people speaking via different mother tongues. Disadvantage of using the mathematics in economics is the jeopardy that the mathematical view may outweigh the economical one.

Klíčová slova

Mathematical modelling, inventory management, delay differential equations (DDEs)

Autoři

OLEŠOVSKÝ, V.

Rok RIV

2015

Vydáno

12. 11. 2015

Nakladatel

IBIMA publishing

Místo

Madrid

ISBN

978-0-9860419-5-2

Kniha

Innovation Management and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth

Strany od

1203

Strany do

1210

Strany počet

8

BibTex

@inproceedings{BUT119076,
  author="Václav {Olešovský}",
  title="The Use of Modern Methods of Mathematical Modelling to Backup Decision Making in Business Management",
  booktitle="Innovation Management and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth",
  year="2015",
  pages="1203--1210",
  publisher="IBIMA publishing",
  address="Madrid",
  isbn="978-0-9860419-5-2"
}