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Modeling the development of vertically integrated companies. (English. Russian original) Zbl 1052.91523
Autom. Remote Control 60, No. 11, Part 2, 1622-1633 (1999); translation from Avtom. Telemekh. 1999, No. 11, 123-137 (1999).
From the introduction: A vertically integrated company (VIC) comprises all major stages of the production of a final product (resource): from the exploration and extraction of mineral resources to the production and marketing of final products. Vertically integrated companies (public or private) that produce a similar product (resource) constitute an industry complex (energy and oil sectors of the economy, mineral resources and agroindustry complexes, etc.). These sectors of the economy influence to a great extent the social and economic development of a country or region.
The object of this paper is to analyze the major stages of modeling the devleopment of VICs, their potentialities, and limitations.
MSC:
91B38 Production theory, theory of the firm
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