Application of Optimisation Models for Planning Expenditures of a Production Enterprise

Yevstrat Dmytro I. () and Prykhodko Andriy O. ()
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Yevstrat Dmytro I.: V. N. Karazin Kharkiv National University
Prykhodko Andriy O.: V. N. Karazin Kharkiv National University

Business Inform, 2013, issue 10, 102_106

Abstract: The article describes essence of planning of activity of a production enterprise, considers reasons of appearance of the problem of planning and analyses widespread methods of solution of this problem. It offers an imitation model, described by the system of differential equations, which reflects behaviour and interconnection of main financial indicators of a production enterprise and takes into account external investments, sets and solves the optimisation task and builds up the management model. The described method allows finding various optimal managerial decisions depending on the selected quality criterion and is a more flexible instrument than traditional methods of linear programming, methods of forecasting with the help of neural networks, fuzzy programming, dynamic models, described by systems of managed differential equations.

Keywords: production planning; optimisation model; differential system; principle of maximum; optimal management (search for similar items in EconPapers)
Date: 2013
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