Logistic Function as a Tool of Planning

Rządkowski Grzegorz (), Głażewska Iwona () and Sawińska Katarzyna ()
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Rządkowski Grzegorz: Warsaw University of Technology, Faculty of Management, Warsaw, Poland
Głażewska Iwona: Warsaw University of Technology, Faculty of Management, Warsaw, Poland
Sawińska Katarzyna: Warsaw University of Technology, Faculty of Management, Warsaw, Poland

Foundations of Management, 2014, vol. 6, issue 1, 57-70

Abstract: In the present paper, we propose a new approach to investigate the logistic function, which is commonly used in mathematical models in economics and management. The approach is based on indicating in a given time series, having a logistic trend, some characteristic points corresponding to zeroes of successive derivatives of the logistic function. We also give examples of application of this method.

Keywords: Logistic equation; logistic function; time series; Eulerian numbers; Riccati’s differential equation; mathematical models (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:founma:v:6:y:2014:i:1:p:57-70:n:4

DOI: 10.1515/fman-2015-0004

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