Journal of innovative applied mathematics and computational sciences
Volume 4, Numéro 1, Pages 11-25
2024-09-25
A Comparative Study On Strategic Analysis And Forecasting On Profit Maximization And Operational Efficiency In Manufacturing Business Through Differential Equations
Authors : Jha Aditya . Sahani Suresh Kumar . Jha Anshuman . Sahani Kameshwar . Poudel Madhav Prasad .
Abstract
Differential equations are fundamental mathematical tools with wide-ranging applications in science and economics. This study delves into their role in business, focusing on strategic analysis and forecasting for profit maximization and operational efficiency in manufacturing. It explores various equation types, from ordinary to partial differentials, highlighting their critical role in modeling economic phenomena. Through a comprehensive case study, this research demonstrates the practical application of differential equations in optimizing production, sales, revenue, and profit. The study emphasizes their impact on strategic decision-making and navigating complex market dynamics for sustained growth and profitability.
Keywords
Differential Equations ; Production Optimization ; Sales Forecasting ; Revenue Growth ; Profit Maximization ; Manufacturing Business Case Study
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