• DocumentCode
    3272770
  • Title

    Modelling of Stability of Economic Systems Using Benchmarking and Dynamic Programming

  • Author

    Jurenoks, Vitalijs ; Jansons, Vladimirs ; Didenko, Konstantins

  • fYear
    2008
  • fDate
    1-3 April 2008
  • Firstpage
    295
  • Lastpage
    300
  • Abstract
    Crucial component of the successful performance of an economic system (ECSYS) is maintenance of an optimality of functioning of all industrial and economic criteria of the given system. The purpose of the given work is stochastic modelling of the stability of ECSYS. The process of deterministic and stochastic modelling of ECSYS stability is considered in the conditions of uncertainty using benchmarking and dynamic programming method by Bellman.
  • Keywords
    Computational modeling; Computer industry; Computer simulation; Dynamic programming; Environmental economics; Logistics; Production systems; Stability criteria; Stochastic processes; Uncertainty; benchmarking; dynamic programming; logistics process; stability of stochastic processes;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computer Modeling and Simulation, 2008. UKSIM 2008. Tenth International Conference on
  • Conference_Location
    Cambridge, UK
  • Print_ISBN
    0-7695-3114-8
  • Type

    conf

  • DOI
    10.1109/UKSIM.2008.96
  • Filename
    4488947