Features of Optimal Control of Dynamic Processes in Enterprise Economics

Abstract:

The main feature of economic management of dynamic processes and economic dynamics models to describe them, is determined by their "chain nature", i.e. the relationship between parameters or methods of control at each stage / time period and the preceding or subsequent stages, which must be taken into consideration. Economic optimization of a dynamic process requires achieving the optimal eventual outcome at the end of the last stage of the process, but when developing the optimal management decision it is necessary to consider the results of the previous stages as restrictions on management optimization problem by obtaining the eventual outcome. Let us investigate the optimization of a real dynamic process economic management through the example of the process consisting of three consecutive stages, implemented in three time periods.                                                                                                  

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