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Logistic Function as a Tool of Planning

Author

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  • Rządkowski Grzegorz
  • Głażewska Iwona
  • Sawińska Katarzyna

    (Warsaw University of Technology, Faculty of Management, Warsaw, Poland)

Abstract

In the present paper, we propose a new approach to investigate the logistic function, which is commonly used in mathematical models in economics and management. The approach is based on indicating in a given time series, having a logistic trend, some characteristic points corresponding to zeroes of successive derivatives of the logistic function. We also give examples of application of this method.

Suggested Citation

  • Rządkowski Grzegorz & Głażewska Iwona & Sawińska Katarzyna, 2014. "Logistic Function as a Tool of Planning," Foundations of Management, Sciendo, vol. 6(1), pages 57-70, June.
    • Handle: RePEc:vrs:founma:v:6:y:2014:i:1:p:57-70:n:4
    DOI: 10.1515/fman-2015-0004
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    References listed on IDEAS

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    1. Hwang, Junseok & Cho, Youngsang & Long, Nguyen Viet, 2009. "Investigation of factors affecting the diffusion of mobile telephone services: An empirical analysis for Vietnam," Telecommunications Policy, Elsevier, vol. 33(9), pages 534-543, October.
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    3. Meade, Nigel & Islam, Towhidul, 2006. "Modelling and forecasting the diffusion of innovation - A 25-year review," International Journal of Forecasting, Elsevier, vol. 22(3), pages 519-545.
    4. Wu, Feng-Shang & Chu, Wen-Lin, 2010. "Diffusion models of mobile telephony," Journal of Business Research, Elsevier, vol. 63(5), pages 497-501, May.
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