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Decision Function Implementation in MAREA Simulations Influencing Financial Balance of Small-Sized Enterprise

  • Roman Šperka
  • Dominik Musil
Conference paper
Part of the Smart Innovation, Systems and Technologies book series (SIST, volume 74)

Abstract

The aim of this paper is to present the use of a decision function in the implementation of a multi-agent simulation model of a small-sized enterprise dealing with trading. The subject of the presented research are simulation experiments in MAREA software framework, which was designed to simulate trading behaviour of a trading company. Firstly, we present a multi-agent system and a mathematical description of a decision function, which is used to establish the price of traded goods. Secondly, we present MAREA software framework and lastly we discuss the simulation results of company dealing with retailing of fluorescence colours. The results obtained show that simulation experiments in MAREA could be used to support the decision-making process of a management of trading companies in the scope of predicting key performance indicators and changes of parameters and their impact on the company’s financial balance.

Keywords

Multi-agent system Framework Model Simulation Software Business process Trading MAREA 

Notes

Acknowledgement

The work was supported by SGS/19/2016 project of Silesian University in Opava, Czech Republic, Europe called “Advanced mining methods and simulation techniques in business process domain”.

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Copyright information

© Springer International Publishing AG 2018

Authors and Affiliations

  1. 1.Department of Business Economics and Management, School of Business Administration in KarvináSilesian University in OpavaKarvináCzech Republic

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