Mathematical Model of Optimal Development Enterprise Economics

Design and Development of Mathematical Model for Static Mixer

A numerical model for simulating Residence Time Distribution (RTD) of turbulent flows in helical static mixers is proposed and developed to improve the understanding of static mixers. The results of this model is presented in terms of different volumetric flow rate to illustrate the complicated flow patterns that drive the mixing process i...

Mathematical model of economics of municipal waste management

The paper discusses the mathematical and economical model of municipal integrated waste management system (IWMS) that has been developed for the real needs of the decision support of the Ministry of Environment of the Czech Republic and regional governments. The model of IWMS is designed as universal and is implemented as a combination of three models including environmental and economic point ...

Mathematical Models in Economics

A Novel Two-Stage Mathematical Model for Green Supplier Development

Nowadays, numerous processes of any supply chain are done by suppliers and consequently they cause a massive amount of pollution released to the nature. Hence, greening the suppliers has become a necessity. Although most of green supplier development programs need high investment, formal optimization models that address this issue are very rare. This paper mainly aims to address this prob...

Mathematical Institutional Economics

An overview is given of the utilization of strategic market games in the development of a game theory based theory of money and financial institutions. JEL Classifications: C72, C73, E44