Probabilistic model for production costs with discrete variable

Authors:
Daniela Damian;Adela Sasu;Nicoleta David;Lucian Patrascu
Affiliations:
Department of Mathematics, Informatics and Socio-Human Sciences, "George Baritiu" University, Brasov, Romania;Department of Mathematical Analysis and Probabilities, "Transilvania" University, Brasov, Romania;Department of Mathematics, Informatics and Socio-Human Sciences, "George Baritiu" University, Brasov, Romania;Department of Economics, "George Baritiu" University, Brasov, Romania
Venue:
TELE-INFO'09 Proceedings of the 8th Wseas international conference on Telecommunications and informatics
Year:
2009

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Abstract

In this paper we present a probabilistic model for the production costs weighed with quantitative units. The random variable is considered discrete. With help of this model we can calculate an average value of the costs.