Construction of a flexible simulation model of a corporation

Journal Title: Operations Research and Decisions - Year 2019, Vol 29, Issue 1

Abstract

The instability of the real structure of a firm is one of the fundamental problems in simulating microeconomic systems. This paper proposes a method, called ACV (abstraction – gradual concretization – verification) for constructing a flexible simulation model of a corporation. This method is based on the assumption that an effective approach to simulating a microeconomic system should take into account the structural instability of the modelled object. Practical implementation of the ACV method is illustrated using the EK_AN simulator of a firm. The purpose of the simulator as a scientific tool of operations research is to analyse the relations of given inputs (decisions) with the short- and mediumterm forecasts of a firm’s economic performance.

Authors and Affiliations

Edward RADOSIŃSKI, Łukasz RADOSIŃSKI

Keywords

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  • EP ID EP633906
  • DOI 10.5277/ord190105
  • Views 29
  • Downloads 0

How To Cite

Edward RADOSIŃSKI, Łukasz RADOSIŃSKI (2019). Construction of a flexible simulation model of a corporation. Operations Research and Decisions, 29(1), 75-95. https://europub.co.uk/articles/-A-633906