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DECISION TREE FOR THE MARKET OF COMPOSITE MATERIAL WITH TEXTILE MATRIX USED IN FLOATING SYSTEMS FOR THE OPEN SEA
Abstract
The theoretical model of perfect business competition is designed based on five assumptions: atomicity of demand and supply, homogeneity of the product, free entry/exit in/from a branch of activity or on/from the market, market transparency, (with the fundamental assumption of the individual's rationality) and perfect mobility of production factors [1], [2]. The factorial analysis carried out for an economic agent from an Eastern European country highlighted the fact that the production function is homogeneous. For taking or not the decision to launch new products on the market with strict use in a dynamic environment (e.g. breaking strength greater than 200 daN/5cm), salinity of 0.5 - 20-, with specific density, taking into account the existence of decision alternatives, uncontrollable future events (economic conditions, geopolitical instability, etc.). The numerical application, carried out, evidenced that the economic agent will launch the product on the market, regardless of whether or not there are competitors on the market, but 1 m2 of composite material will be sold at an average price, in the situation where there is competition on the market. In the situation where there is no competition, will sell 1m2 at the highest estimated production price [3].
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