Applied Imitation Modelling as an Analytical Basis for Managerial Decision Making

Sokolovskaya Zoya N. () and Yatsenko Natalya V. ()
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Sokolovskaya Zoya N.: Odessa National Polytechnic University
Yatsenko Natalya V.: Odessa National Polytechnic University

Business Inform, 2013, issue 6, 69_76

Abstract: The article reveals application aspects of the use of imitation modelling in the process of analysis and managerial decision making. It offers a model of functioning of a utility company built on the basis of the method of system dynamics in the Ithink package environment. It provides results of imitation experiments directed at ensuring effective management of material and financial flows of a company.

Keywords: imitation model; system dynamics; stream diagram; decision making support systems (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:idp:bizinf:y:2013:i:6:p:69_76

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