Now showing items 1-9 of 9
The Application of Functions of Several Variables Analysis in an Optimal Replenishment Policy for Deteriorating Items
In this study we introduce a newly constructed suitable model which enables a retailer to set an optimal price of deteriorating goods under permissible delay in payments, and to determine the maximum repayment term.
Reconciliation of Decision-Making Heuristics Based on Decision Trees Topologies and Incomplete Fuzzy Probabilities Sets
Complex decision making tasks of different natures, e.g. economics, safety engineering, ecology and biology, are based on vague, sparse, partially inconsistent and subjective knowledge. Moreover, decision making economists ...
The focal boundary value problem for strongly singular higher-order nonlinear functional-differential equations
(Springer Nature, 2015-01-30)
The a priori boundedness principle is proved for the two-point right-focal boundary value problems for strongly singular higher-order nonlinear functional-differential equations. Several sufficient conditions of solvability ...
Numerical Solution of the Inventory Balance Delay Differential Equation
Inventory represents an essential part of current assets, which are typically characterized by their transience. This paper aims to outline a numerical solution of the inventory balance equation supplemented by an order-up-to ...
The Use of Functional Differential Equations in the Model of the Meat Market with Supply Delay
In economic applications, we have to make the assumption that relations between the variables vary with time. One of the possible ways of incorporating the process dynamics into the model is to describe the model by ...
ICT Use in EU According to National Models of Behaviour
As information and communications technologies, along with follow-up processes, are being rapidly developed and implemented in various aspects of everyday life, a need has arisen to explore and describe these changes. The ...
The Factors of Growth of Small Family Businesses. A Robust Estimation of the Behavioural Consistency in Panel Data Models
(Prague University of Economics and Business, 2015-09-03)
The paper quantifies the role of factors associated with the growth (or decline) of micro and small businesses in European economies. The growth is related to the levels of employment and value added in enterprises, as ...
Comparison of Approaches for Calculating the Probability of a Project Completion
(IBIMA Publishing, 2015-09-14)
The paper deals with a comparison of two different approaches (PERT method and Monte Carlo method) for calculation of the probability of a project completion. The PERT method is commonly used in a project management; the ...
Decision-making on Implementation of IPO Under Topological Uncertainty
(Mendel University in Brno, 2015-03-15)
IPO (Initial Public Offering) is a complex decision making task which is always associated with different types of uncertainty. Poor accuracies of available probabilities of lotteries e.g. quantification of investor interest ...