Conference Specifics
ISBN:  978-0-9860419-7-6
Conf. Updates

29th IBIMA Conference
Vienna, Austria
3 - 4 May 2017 



Daniel S. Demidenko ,Alexandr A. Gorovoy and Ekaterina D. Malevskaia-Malevich




The so-called indicative plans are often used in macroeconomic planning and forecasting today. The intensification of economic activity of the economic system objectively involves accelerated transformation of the traditional administrative control mechanisms into the new, more democratic, market-based forms of regulation. Indicative plans have this very nature. An indicative plan is a tool used by the business sector to select the most efficient ways of development. An indicative plan includes the development of measures affecting economic processes in order to achieve the established indicators.
The paper sees into the mathematical formulation of the indicative plan optimization problem. An integral three-factor model with the multiplicative form of objective function, functional relationships between the variables and parameters of the restrictions, given in tabular form is examined as an example of construction of an indicative development plan of economic system. An optimal solution is found using a dynamic programming method and is presented in the paper in the tentative example.

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