A Data Processing Method for the Purpose of Optimizing the Production of a Certain Type of Car
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F15%3A%230003714" target="_blank" >RIV/47813059:19520/15:#0003714 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
A Data Processing Method for the Purpose of Optimizing the Production of a Certain Type of Car
Original language description
Knowledge of the market environment is the major key to the success of companies. Good market knowledge greatly helps to optimize production which results in minimizing manufacturing costs and maximizing profits. The fundamental issue remains the knowledge of behavior as well as decision-making processes of customers who tend to buy high quality products. Therefore, it is necessary to pay great attention to the parameters of specific products in relation to their marketability as parameters of each product are input data for customers' decision-making processes. The paper highlights the problem of practical demonstration of a specific market product analysis - a car in order to determine the optimal value of production. On the basis of the survey datait is necessary to specify the car production size of different brands to achieve the maximal financial efficiency. Data on customer preferences may be obtained by questionnaire methods. Bayesian formulas and principles of information dia
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
IN - Informatics
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Mathematical Methods in Economics 2015
ISBN
978-80-261-0539-8
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
755-760
Publisher name
Cheb: University of West Bohemia, Faculty of Economics
Place of publication
Cheb
Event location
Cheb
Event date
Jan 1, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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