Simulation Analysis of Potential Possibilities of Development of Small Enterprises of Dnipropetrovsk Oblast
Journal Title: Бізнес Інформ - Year 2014, Vol 9, Issue 0
Abstract
The objective of the article consists in modeling the dependence of the production output on such factors as the cost of fixed assets and human labor selected as those producing a significant effect on the studied criterion. The simulation object is the product manufacturing process over 13 years in such areas as industry, transportation, construction, agriculture at small enterprises of Dnipropetrovsk oblast. While analyzing statistical data over 13 years, a methodology was proposed to ensure the necessary homogeneity of a set of observations serving as a basis for an econometric model of the Cobb-Douglas type, which allowed establishing the economic effectiveness of the areas, potential possibilities of their development; evaluating the effectiveness of utilization of material and labor resources; predicting production growth. Prospects of further studies in this field consist in selecting an optimal degree of attraction of enterprise resources, that is optimization of resource management.
Authors and Affiliations
Yuri Sherstenikov, Tetyana Rudyanova
Keywords
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