System dynamics modeling of production target for Ukraine

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dc.contributor.authorPaletska, Maryna
dc.contributor.authorHutsul, Diana
dc.date.accessioned2021-04-07T22:07:56Z
dc.date.available2021-04-07T22:07:56Z
dc.date.issued2020
dc.description.abstractDesired 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.identifier.citationPaletska 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.urihttps://ekmair.ukma.edu.ua/handle/123456789/19738
dc.language.isoenuk_UA
dc.relation.source3rd Annual Research Conference "Theory and practice of system dynamics in finance" : proceedings, December 7, 2020, Kyiven_US
dc.statusfirst publisheduk_UA
dc.subjectsystem dynamics modelen_US
dc.subjectexpected salesen_US
dc.subjectproduction targeten_US
dc.subjectconference materialsen_US
dc.titleSystem dynamics modeling of production target for Ukraineen_US
dc.typeConference materialsuk_UA
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