An Econometric Model of the Materials – Market Relation in the Auto Body Car Manufacturing

Abstract

An input-output econometric model was constructed for the body car manufacturing. The model generated is a combined model consisting mainly of classical input-output model, flow graph theory, and econometric models distinct from input-output models. Major outputs of the model consist of an optimal dynamic system models. The optimal dynamic system models consist of a dynamic (multi-period) input-output model and a production system models. The inputoutput econometric model as constructed and defined exhibits the flexibility and feasibility necessary for use in an interactive decision support system.