Enterprise financial flows simulation on a car dealership example
Journal: Scientific and practical journal “Economy of Industry” (Vol.108, No. 4)Publication Date: 2024-12-21
Authors : Glib A. Mazhara Amina R. Parkhomuk;
Page : 86-98
Keywords : enterprise economy; simulation modeling; financial management; management strategies; economic factors; electric vehicles; management decisions;
Abstract
In today's business environment, ensuring financial sustainability is a crucial factor for the success of enterprises. In this context, simulation modeling is becoming increasingly important as a tool for managing financial flows. The main objective of this study is to organize the knowledge in this area and determine the optimal approaches to the use of simulation models in financial management. The study is aimed at improving the efficiency of financial management and developing evidence-based strategies. The purpose of the study is to determine effective financial management strategies through the use of simulation models and their impact on the financial stability and profitability of the enterprise. The object is the management of financial flows in organizations of various types and sizes. The results of the study can be useful for the management of car dealerships and other enterprises that optimize financial processes. The paper uses methods of mathematical and economic analysis, including agent-based modeling, Monte Carlo simulation, and simulation modeling. In the course of studying the problem of financial flows management, simulation modeling as a tool for analyzing and forecasting finances is investigated. Its potential and capabilities in the context of financial management are described. The main factors and variables that affect financial flows in organizations are identified, in particular, the impact of economic, social and technological factors on the financial sustainability of enterprises is considered.
Other Latest Articles
- Strategic prospects for the development of lithium production in Ukraine
- Ydrogen energy in Ukraine: preconditions, potential and prospects for european integration
- Ement of eco-industrial parks in the circular economy: state support for enterprises processing construction waste products
- Endogenous and Exogenous Factors of Industrial Development of Territories of Different Functional Types: Systematization for Establishing the Priorities of State’s Influence
- Cyber Security in the Age of Industry 5.0: New Challenges and Opportunities
Last modified: 2025-01-18 03:44:22