Model of stochastic dynamics of a manufacturing enterprise, taking into account the optimal rates of domestic investment
Year: 2023
Type: article
Abstract: In the published article, a new economic and mathematical model of the stochastic dynamics of the development of a multifactorial manufacturing enterprise is proposed, the restoration of resources of which is provided by internal investments. Forecasting the growth of output volumes, production costs, profits and depreciation deductions is described by a system of stochastic differential equations. It is shown that the dynamics of optimal development of an enterprise, within which it enters production capacities that correspond to maximum profit, correspond to effective coefficients of internal investment rates, for the calculation of which a special system of equations is established. It is shown that the choice of inefficient coefficients of internal investment rates does not allow the enterprise to ensure its maximum profit.
Authors: Elena A. Ilyina, Leonid A. Saraev
Institution: Samara National Research University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4401034127