Development of a Mathematical Model of Business Process to Optimize the Budget Department’s Work in Machine-building Enterprises

Abstract

The article covers the highlights in the development of an optimal mathematical model of business process of the budget department's work in machine-building enterprises. There has been done the analysis of basic problems in the engineering field, arising in the course of economic instability and deterioration of the business strategy. The investigation discussed is aimed to improve the competitiveness in the market and optimize the strategy of the organization's activities as a whole. Special attention is paid to the methods of mathematical modeling of business process on the basis of queuing theory to develop the authoring mathematical model. The developed model would make it possible to evaluate and optimize the performance of the budget departments of engineering enterprises.