TIME RESERVATION AS A WAY OF INCREASING ECONOMIC SUSTAINABILITY OF AN INDUSTRIAL ENTERPRISE

Abstract

The paper deals with development of a stochastic model of sustainability of an industrial enterprise with time reservation. The analysis of economic sustainability of the enterprise is connected with consideration of expected motions of the system relative to conditions. The sustainability criterion is fulfillment of two conditions, i.e. be at each stage of calculation in effective conditions, and a value of the accumulated during a forecast period result of the enterprise should be at the target domain. The author describes conditions on the basis of which a stage length in the Markov model of the economic system is specified.  The accumulation of internal stocks of finished products leads to a fact that the enterprise has excess time. The time reservation reduces probability of failure and increases probability of performance restoration, which helps to optimize the level of economic sustainability of the enterprise. The considered in the article stochastic model creates a necessary base for classification of probability of the enterprise states with time reserve, their evolution in time, and determination of time reserves of the enterprise.