Abstract

Time is considered as production resource, which determines the need for its effective use in connection with other production resources. The problem consists in the inconsistency of the results of the existing forecasting system of production which are founded on modern concepts of space and time. The theoretical positions of Galilean, A. Lorentz and G. Minkowski were analyzed. A. Einstein’s explanations regarding the use of the velocity of light in vacuum as a constant in the well-known dependency for the generalized four-dimensional space were studied. An attempt is made to solve the applied problem in space and time, taking as a constant, for example, standard or maximum possible, (calculated) productivity.

Highlights

  • Time in the road construction industry is a resource and its efficient use is an extremely urgent task

  • The analysis of the concepts of time which are realized within scientific knowledge shows that in the understanding of time, various components of the reality’s perception are organically intertwined

  • The purpose of the study is to show the opportunities of assessment of time influence on the innovation process in interdependence with the main production resources

Read more

Summary

Introduction

Time in the road construction industry is a resource and its efficient use is an extremely urgent task. Each fundamental discovery in physics was accompanied by the development of a new model of time [1, 2]. It is suggested to use the production function as a digital model for the most universal analysis type of production systems [3]. Any savings leads to saving time, which increases the economic efficiency of business entities.

Objectives
Methods
Discussion
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call