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System dynamics modeling of production target for Ukraine

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dc.contributor.author Paletska, Maryna
dc.contributor.author Hutsul, Diana
dc.date.accessioned 2021-04-07T22:07:56Z
dc.date.available 2021-04-07T22:07:56Z
dc.date.issued 2020
dc.identifier.citation Paletska M. System dynamics modeling of production target for Ukraine / Paletska Maryna, Hutsul Diana // 3rd Annual Research Conference "Theory and practice of system dynamics in finance" : proceedings, December 7, 2020, Kyiv / ed. by Olena Primierova ; National University of Kyiv-Mohyla Academy, Department of Finance, Center of Financial and Economic Research [et al.]. - Kyiv : [Інтерсервіс], 2020. - P. 59-62. en_US
dc.identifier.uri http://ekmair.ukma.edu.ua/handle/123456789/19738
dc.description.abstract Desired production is a short-term decision that typically calls for temporary under- or over-utilization of production capacity (e.g., "overtime"). This model jumpstarts the production process by targeting the fraction of productive capacity that will be utilized. Once "desired production" is determined, decisions on utilization of labor and capital will follow. The main target of the model is to develop the system dynamics model about Production Target for Ukraine. The driving force is aggregate demand: the sum of household consumption, government consumption, and net exports. The desired production depends on aggregate demand and desired inventories. en_US
dc.language.iso en uk_UA
dc.subject system dynamics model en_US
dc.subject expected sales en_US
dc.subject production target en_US
dc.subject conference materials en_US
dc.title System dynamics modeling of production target for Ukraine en_US
dc.type Conference materials uk_UA
dc.status first published uk_UA
dc.relation.source 3rd Annual Research Conference "Theory and practice of system dynamics in finance" : proceedings, December 7, 2020, Kyiv en_US


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