Economic and mathematical modeling as a tool for substantiation of management decisions in the economic practice of the enterprise
In a modern economy characterized by the emergence of new markets and technologies, forecasting and modeling is a necessary means of survival for any organization. In particular, economic and mathematical modeling is an important business planning and management tool that allows a company to navigate in rapidly changing market conditions and find ways to reduce costs or increase profits. The article discusses some features of the use of economic and mathematical modeling in the practice of enterprises.