Method of Network Economic-Mathematical Modeling of Adaptive Control Optimization Investment Projecting
A. F. Shorikov and
E. V. Butsenko
Journal of Applied Economic Research, 2020, vol. 19, issue 1, 97-124
Abstract:
For successful activity of any business entity in the field of investment projecting, it is necessary to have modern tools for managing its processes. The article discusses the process of optimizing adaptive control of investment projects for an economic entity with the possibility of introducing feedback. The value of the length of time for the execution of the investment project as a whole, which needs to be minimized, is considered as the objective function (evaluation functional) in the optimization problem under study. To solve this problem, a new method of network economic and mathematical modeling of the optimization of adaptive management of investment projecting is proposed. The proposed method allows you to create a class of acceptable strategies for adaptive control (feedback control) of the implementation process for the investment project under consideration. Within the framework of this class of strategies, an optimal adaptive management strategy for the implementation of the investment project is formed, the optimal time for its implementation and the optimal schedule for the project as a whole, corresponding to the optimal adaptive control strategy, are calculated. The paper describes a new optimization network economic and mathematical model that takes into account the possibility of adaptive control of the implementation of the investment project under consideration, and proposes a new method for solving this problem. The practical implementation of the considered solution method was carried out on a specific example of investment projecting. The results obtained in the work show a high degree of effectiveness of the method used. Further development of this direction may be associated with the development of a computer model of the processes for implementing investment projects and the creation of decision support systems for control their implementation.
Keywords: adaptive control; network model; investment project; economic and mathematical modeling; investment optimization; control strategy; calendar schedule (search for similar items in EconPapers)
JEL-codes: C61 (search for similar items in EconPapers)
Date: 2020
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
https://journalaer.ru//fileadmin/user_upload/site_ ... SHorikov_Bucenko.pdf
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:aiy:jnjaer:v:19:y:2020:i:1:p:97-124
DOI: 10.15826/vestnik.2020.19.1.006
Access Statistics for this article
Journal of Applied Economic Research is currently edited by Igor Mayburov
More articles in Journal of Applied Economic Research from Graduate School of Economics and Management, Ural Federal University Contact information at EDIRC.
Bibliographic data for series maintained by Natalia Starodubets (n.v.starodubetc@urfu.ru).