The German economic historian and sociologist M. Weber (1864–1920) focused on the influence of three institutions—politics, ethics, and religion—on the development of the economy of capitalism. From the standpoint of the cultural approach of M. Weber, these institutions form the basis of social mechanisms that regulate the development of economic life. It is they who […]
Tag: management
Building a model of inventory management in conditions of deterministic demand
Optimal delivery batches for single-product models The inventory management model in conditions of deterministic demand is a model where the intensity of the receipt of requirements is assumed to be known and constant over time. As is well known, in practice, demand can almost never be specified with certainty; instead, it should be described in […]
General characteristics of the resource potential of the region
The development of the region’s economy and its management largely depends on the size and effectiveness of the use of its resource potential. The resource potential of the region is understood as a set of all types of resources formed in a given territory, which can be used in the process of social production. The […]