Simulation of Production Derivatives with Maple: A Path to Corporate Performance Sustainability

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F15%3A43910940" target="_blank" >RIV/62156489:43110/15:43910940 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/00216305:26510/15:PU115392

Výsledek na webu

<a href="http://mme2015.zcu.cz/downloads/MME_2015_proceedings.pdf" target="_blank" >http://mme2015.zcu.cz/downloads/MME_2015_proceedings.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Simulation of Production Derivatives with Maple: A Path to Corporate Performance Sustainability

Popis výsledku v původním jazyce

The paper deals with the simulation of the production possibilities frontier (PPF), which the advanced tools of the Maple system offer its users. The PPF illustrates selected basic economic principles including: scarcity, tradeoffs, efficiency, opportunity cost, and economic growth in the predefined special interactive Maple document, which is built into the subsection of Finance and Economics/Math Apps in Maple 2015, which has been released in March 2015 by Maplesoft, Inc. (Canada). The paper also points out its new efficient tools. In economics, the production function and its associated variables all belong to the fundamental concepts of solving management problems - their solution is often considered difficult, especially in the long term. Advanced information and communication technologies support understandable solutions, the visualization and the simulation of many of these issues from practice. Recently, some appropriated theories have been developed: for example, sustainable value (as a way of measuring sustainability performance) based on the notion of opportunity costs. Variables based on production theory are important; it is desirable to model them well.

Název v anglickém jazyce

Simulation of Production Derivatives with Maple: A Path to Corporate Performance Sustainability

Popis výsledku anglicky

The paper deals with the simulation of the production possibilities frontier (PPF), which the advanced tools of the Maple system offer its users. The PPF illustrates selected basic economic principles including: scarcity, tradeoffs, efficiency, opportunity cost, and economic growth in the predefined special interactive Maple document, which is built into the subsection of Finance and Economics/Math Apps in Maple 2015, which has been released in March 2015 by Maplesoft, Inc. (Canada). The paper also points out its new efficient tools. In economics, the production function and its associated variables all belong to the fundamental concepts of solving management problems - their solution is often considered difficult, especially in the long term. Advanced information and communication technologies support understandable solutions, the visualization and the simulation of many of these issues from practice. Recently, some appropriated theories have been developed: for example, sustainable value (as a way of measuring sustainability performance) based on the notion of opportunity costs. Variables based on production theory are important; it is desirable to model them well.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GA14-23079S" target="_blank" >GA14-23079S: Měření podnikové udržitelosti ve vybraných odvětvích</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2015

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Mathematical Methods in Economics 2015: Conference Proceedings

ISBN

978-80-261-0539-8

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

285-290

Název nakladatele

Západočeská univerzita

Místo vydání

Plzeň

Místo konání akce

Cheb

Datum konání akce

9. 9. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000387898900049