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Applied Imitation Modelling as an Analytical Basis for Managerial Decision Making

Author

Listed:
  • Sokolovskaya Zoya N.

    (Odessa National Polytechnic University)

  • Yatsenko Natalya V.

    (Odessa National Polytechnic University)

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.

Suggested Citation

  • Sokolovskaya Zoya N. & Yatsenko Natalya V., 2013. "Applied Imitation Modelling as an Analytical Basis for Managerial Decision Making," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 6, pages 69-76.
  • Handle: RePEc:idp:bizinf:y:2013:i:6:p:69_76
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