Open AccessModel for discrete optimal control of the enterprise’s financial processes
Author(s) -
Е. В. Орлова
Publication year - 2019
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1368/4/042054
Subject(s) - financial plan , control (management) , financial modeling , computer science , finance , transaction cost , financial management , accounting management , payment , dynamic programming , operations research , economics , accounting , accounting information system , mathematics , algorithm , artificial intelligence
We consider a problem of financial resources planning where the processes of financial flows coordination of an enterprise under uncertainty are described with the discrete optimal control approach and methods of dynamic programming. We give a critical survey of theoretical and methodological approaches for financial resources planning problem. The financial flows dynamics is modelled with using the methods of system analysis, control theory, optimal control and methods of data processing under uncertainty. The model for the financial flows distribution has been developed. It uses the principles of optimal dynamic control under the criterion of cumulative non-payment risks and transaction and opportunity costs minimizing. The practical significance of the developed model is in its application for the financial planning in the enterprises that allows to improve its financial planning quality and to increase its management and operational efficiency.