Modeling of Economic Factors of Light Aircraft Production

DOI

10.2991/iscfec-19.2019.73How to use a DOI?

Keywords

Competition Model, Market Of Light Planes, Equilibrium Strategy, Competitive Interaction, Decision-Making Model, Stability Conditions.

Abstract

The paper presents mathematical tools for determining the equilibrium values of prices and quality of light aircraft by the criterion of profit maximization. A mathematical model of competitive interactions in the case of the dependence of price on quality manufactured goods allows to determine the equilibrium of the competitive strategy of participants of the market of light aircraft taking into account the main parameters of competition. For Russian aircraft manufacturers in a developing market and growing competition, it is important to determine the optimal economic factors affecting the operation of the production system, to quantify the quality and competitiveness of light aircraft produced, to determine the interdependence between the main parameters that form the demand for light aircraft. On the basis of a comprehensive analysis and forecast of market dynamics should be formed competitive strategy for the development of enterprises, as well as to choose the best price strategy that takes into account the position of competitors. The problem of modeling the choice of price strategy for the given target functions of the participants of the light aircraft market is reduced to the determination of equilibrium States and determination of the factors of stability of the competitive environment. Thus, the model of interaction between manufacturers of light aircraft, taking into account the specifics of the domestic industry, allows to determine the impact of individual factors on demand and on this basis to form a sustainable strategy for the development of the enterprise.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - D. Bogatyrev
AU  - S. Kolychev
AU  - A. Kurilova
PY  - 2019/05
DA  - 2019/05
TI  - Modeling of Economic Factors of Light Aircraft Production
BT  - Proceedings of the International Science and Technology Conference "FarEastСon" (ISCFEC 2019)
PB  - Atlantis Press
SP  - 262
EP  - 265
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-19.2019.73
DO  - 10.2991/iscfec-19.2019.73
ID  - Bogatyrev2019/05
ER  -