Methods for Optimal Separation of Income in Consumable and Accumulated Parts
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Published:2020-03-30
Issue:6
Volume:8
Page:797-801
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ISSN:2277-3878
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Container-title:International Journal of Recent Technology and Engineering
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language:en
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Short-container-title:IJRTE
Abstract
The effectiveness of a particular type of business is determined by the terms of planning and management. The study is devoted to the urgent problem of finding the optimal method for dividing a product into consumed and accumulated parts. Various macro models of economic growth are considered. An optimality criterion is proposed in the form of utility per capita consumption. Growth rates of producers and economic characteristics are considered integrable functions arbitrarily time-dependent. At the same time, per capita consumption is optimized either in terms of utility or in its pure form. Income can be used either as consumer income to meet the needs of the population, or capital-forming to create new production capacities and compensate for old production capacities that are out of order. The results can be used to assess the economic growth rate of the national economy.
Publisher
Blue Eyes Intelligence Engineering and Sciences Engineering and Sciences Publication - BEIESP
Subject
Management of Technology and Innovation,General Engineering
Cited by
1 articles.
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