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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

  • DOI - Digital Object Identifier

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

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    IN - Informatics

  • OECD FORD branch

Result continuities

  • Project

  • 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

  • e-ISSN

  • 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