IDEAS home Printed from https://ideas.repec.org/a/pcz/journl/v11y2015i2p83-90.html
   My bibliography  Save this article

The Method Of Balancing The Production And Consumption Model In The Case Of Indivisible Goods

Author

Listed:
  • Marek £adyga

    (The Institute of Mathematics, Czestochowa University of Technology)

  • Ruzena Lovasova

    (Technical University of Kosice)

Abstract

In this article, a detailed case of the unbalanced production-consumption, namely a model, which is used in the case of indivisible articles, is presented. Also, the method of balancing this model is given, relying on introducing a certain ordering relation in consumers’ set. First, three popular models: supply chain equilibrium model, reference model for designing business processes and cobweb model are presented. Based on the theory, authors have proposed a unique production and consumption model, together with the method of balancing in the case of indivisible goods.

Suggested Citation

  • Marek £adyga & Ruzena Lovasova, 2015. "The Method Of Balancing The Production And Consumption Model In The Case Of Indivisible Goods," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 11(2), pages 83-90, June.
  • Handle: RePEc:pcz:journl:v:11:y:2015:i:2:p:83-90
    as

    Download full text from publisher

    File URL: http://pjms.zim.pcz.pl/PDF/PJMS112/The%20Method%20of%20Balancing%20the%20Production%20and%20Consumption%20Model%20in%20the%20Case%20of%20Indivisible%20Goods.pdf
    Download Restriction: no

    File URL: http://www.pjms.zim.pcz.pl/-articles.php
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ioan Constantin Dima & Piotr Pachura & Jozef Novak-Marcincin, 2010. "The “Logidram” The Result Of Logistics Inexistence Within The Company," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 1(1), pages 159-164, May.
    2. Tsai, I-Chun, 2014. "Ripple effect in house prices and trading volume in the UK housing market: New viewpoint and evidence," Economic Modelling, Elsevier, vol. 40(C), pages 68-75.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alexandru-Constantin Strunga, 2015. "The Role of University in Seniors' Education: A Romanian Perspective," Social Sciences and Education Research Review, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 2(1), pages 81-90, August.
    2. Claudiu-Marian Bunaiasu, 2015. "Curricular premises and strategies in order to develop students' intercultural competences," Social Sciences and Education Research Review, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 2(1), pages 11-24, August.
    3. Alexandra Iorgulescu & Mihaela Marcu, 2015. "The relationship between national culture and organizational culture," Social Sciences and Education Research Review, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 2(2), pages 93-98, October.
    4. Xenia Negrea, 2015. "Public Interest, Procedural and Discursive Limitations," Social Sciences and Education Research Review, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 2(1), pages 33-40, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dayong Zhang & Qiang Ji & Wan-Li Zhao & Nicholas J Horsewood, 2021. "Regional housing price dependency in the UK: A dynamic network approach," Urban Studies, Urban Studies Journal Limited, vol. 58(5), pages 1014-1031, April.
    2. Nguyen, Thi Thu Ha & Naeem, Muhammad Abubakr & Balli, Faruk & Balli, Hatice Ozer & Syed, Iqbal, 2021. "Information transmission between oil and housing markets," Energy Economics, Elsevier, vol. 95(C).
    3. Nikolaos Antonakakis & Ioannis Chatziantoniou & David Gabauer, 2021. "A regional decomposition of US housing prices and volume: market dynamics and Portfolio diversification," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 66(2), pages 279-307, April.
    4. Wonseok Seo & LeeYoung Kim, 2020. "Investigating the Ripple Effect through the Relationship between Housing Markets and Residential Migration in Seoul, South Korea," Sustainability, MDPI, vol. 12(3), pages 1-22, February.
    5. Mehmet Balcilar & Elie Bouri & Rangan Gupta & David Roubaud, 2016. "Can Volume Predict Bitcoin Returns and Volatility? A Nonparametric Causality-in-Quantiles Approach," Working Papers 201662, University of Pretoria, Department of Economics.
    6. Leeyoung Kim & Wonseok Seo, 2021. "Micro-Analysis of Price Spillover Effect among Regional Housing Submarkets in Korea: Evidence from the Seoul Metropolitan Area," Land, MDPI, vol. 10(8), pages 1-21, August.
    7. Wang, Wen-Kai & Lin, Che-Chun & Tsai, I-Chun, 2022. "Long- and short-term price behaviors in presale housing markets in Taiwan," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 350-364.
    8. Chunping Liu & Zhirong Ou, 2022. "Revisiting the determinants of house prices in China’s megacities: Cross‐sectional heterogeneity, interdependencies and spillovers," Manchester School, University of Manchester, vol. 90(3), pages 255-277, June.
    9. Nikolaos Antonakakis & Ioannis Chatziantoniou & Christos Floros & David Gabauer, 2018. "The dynamic connectedness of UK regional property returns," Urban Studies, Urban Studies Journal Limited, vol. 55(14), pages 3110-3134, November.
    10. Cipollini, Andrea & Parla, Fabio, 2020. "Housing market shocks in italy: A GVAR approach," Journal of Housing Economics, Elsevier, vol. 50(C).
    11. Nikolaos Antonakakis & Ioannis Chatziantoniou & David Gabauer, 2019. "A Regional Decomposition of US Housing Prices and Volume: Market Dynamics and Economic Diversification Opportunities," Working Papers in Economics & Finance 2019-06, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group.
    12. Zhou, Qian & Shao, Qinglong & Zhang, Xiaoling & Chen, Jie, 2020. "Do housing prices promote total factor productivity? Evidence from spatial panel data models in explaining the mediating role of population density," Land Use Policy, Elsevier, vol. 91(C).
    13. Nagayasu, Jun, 2016. "Inflation and Bubbles in the Japanese Condominium Market," MPRA Paper 71192, University Library of Munich, Germany.
    14. Eleni Kyriazakou & Theodore Panagiotidis, 2014. "Linear and nonlinear causality in the UK housing market: a regional approach," Economics and Business Letters, Oviedo University Press, vol. 3(4), pages 288-297.
    15. Duffy, David & McQuinn, Kieran & Morley, Ciara & Foley, Daniel, 2016. "Quarterly Economic Commentary, Spring 2016," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC20161, July.
    16. Morgenroth, Edgar, 2016. "Housing Supply and House Price Trends at the County Level," Research Notes RN2016/1/1, Economic and Social Research Institute (ESRI).
    17. Feng Lan & Chengcai Jiao & Guoying Deng & Huili Da, 2021. "Urban agglomeration, housing price, and space–time spillover effect—Empirical evidences based on data from hundreds of cities in China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(4), pages 898-919, June.
    18. Ryan Greenaway‐McGrevy & Arthur Grimes & Mark Holmes, 2019. "Two countries, sixteen cities, five thousand kilometres: How many housing markets?," Papers in Regional Science, Wiley Blackwell, vol. 98(1), pages 353-370, February.
    19. I-Chun Tsai, 2018. "The cause and outcomes of the ripple effect: housing prices and transaction volume," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 61(2), pages 351-373, September.
    20. Chan, Stephen & Chu, Jeffrey & Zhang, Yuanyuan & Nadarajah, Saralees, 2022. "An extreme value analysis of the tail relationships between returns and volumes for high frequency cryptocurrencies," Research in International Business and Finance, Elsevier, vol. 59(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pcz:journl:v:11:y:2015:i:2:p:83-90. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Paula Bajdor (email available below). General contact details of provider: https://edirc.repec.org/data/wzpczpl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.