An agent-based computational model for strategic investment decision processes

  • Authors:
  • G. Mircea;M. Pirtea;M. Neamţu;S. Băzăvan

  • Affiliations:
  • Faculty of Economics and Business Administration, West University of Timisoara, Romania, Romania;Faculty of Economics and Business Administration, West University of Timisoara, Romania, Romania;Faculty of Economics and Business Administration, West University of Timisoara, Romania, Romania;Faculty of Economics and Business Administration, West University of Timisoara, Romania, Romania

  • Venue:
  • ACACOS'12 Proceedings of the 11th WSEAS international conference on Applied Computer and Applied Computational Science
  • Year:
  • 2012

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Abstract

In this paper we create a scenario that occurs in the evolution of some companies and is considered to improve the company's position by means of competitiveness and organizational performance. The scenario represents an approach to solving the transportation problems within a company, especially when it comes to grouping and organizing shipment in order to reduce costs and be more competitive than other active agents on the market. Customer need is an extremely important factor and its fulfillment cannot be delayed, but it is also hard to satisfy when the economy handles random micro behaviors among consumers with an increasing impact on the course of the organization. Therefore, companies often have to synchronize the need for expansion with the necessary allocation of resources and the organizational culture; it is our purpose to analyze through an agent-based computational model, whether this scenario in the given circumstances is worth being developed or not.