Optimization of the Innovation Process Management at a Manufacturing Enterprise

Abstract:

Today, economic science and practice have accumulated a sufficient range of methods of mathematics, statistics, cybernetics, operations research for solving problems related to efficiency enhancement of manufacturing enterprises and economy as a whole. However, the issues of practical use and possibilities for applying these methods to tackle business and production tasks are developed and investigated insufficiently. So they are not used a lot in economic problem-solving.

The problem of optimal distribution of limited resources in an enterprise’s investment programs in terms of the obtained result is of great significance (it is, probably, greater than in other issues of economic management) in the scientific field generally characterized as “innovation problematics research”. The paper looks into the mathematical statement of the problem concerning an enterprise’s investment plan optimization within the context of limited resources as an indicative plan. A three-factor integral model with a multiplicative form of the target function is reviewed as an example.