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Research & Development Results

Publication detail

Original Title: The Use of Simulation in Business Area
Czech Title: Využití simulace v podnikatelské sféře
English Title: The Use of Simulation in Business Area
Author(s): DOSTÁL, P.
Type: journal article
Language: en
Original Abstract: The aim of the article is to present the possible use of simulation in business. The suggested methodology uses the partial differential equations of second order. The built up model is described, its inputs and outputs are explained and interpretation of its results are mentioned. The case study is presented on simulation in business. The conclusion covers the advantages and disadvantages of simulation. The simulation serves as a support of decision making processes to entrepreneurs.
Czech abstract: Článek popisuje využití možnosti simulace v podnikatelství. V článku je popsán model, jeho vstupy a výstupy a vysvětlena interpretace výsledků. Případová studie je uvedena na simulacích v podnikání. Závěr popisuje výhody a nevýhody simulace. Simulace slouží jako podpora pro rozhodování podnikatelů.
English abstract: The aim of the article is to present the possible use of simulation in business. The suggested methodology uses the partial differential equations of second order. The built up model is described, its inputs and outputs are explained and interpretation of its results are mentioned. The case study is presented on simulation in business. The conclusion covers the advantages and disadvantages of simulation. The simulation serves as a support of decision making processes to entrepreneurs.
Keywords: Simulation, model, business, decision making, entrepreneuers
RIV year: 2011
Released: 19.05.2011
Publisher: Izhevsk State Technical University
Location: Izhevsk State
Pages from: 50
Pages to: 56
Pages count: 7