Title: Optimisation decision model of enterprise financial risk management combining stochastic demand

Authors: Dandan Zhao; Lin Li

Addresses: School of Economics and Management, Heilongjiang Bayi Agricultural University, Heilongjiang, 163319, China ' School of Economics and Management, Heilongjiang Bayi Agricultural University, Heilongjiang, 163319, China

Abstract: To address the problems of complex financial activities and difficult cross-control risks in the environment of stochastic collaborative innovation, we propose an enterprise financial risk management model for implementing stochastic collaborative innovation from multiple perspectives of the environment, human factors, technology, organisation, and process. On this basis, the relevant random influence factor set is analysed and summarised as a basis for enterprise financial risk management and evaluation. Given the Pareto effect for the enterprise financial risk management factor set, combined with the enterprise financial risk management model and element set, an optimisation decision model of enterprise financial risk management combining the random demand function is proposed. Through the case study of product design in an enterprise, the scientificity and effectiveness of the model are verified.

Keywords: product design; stochastic collaborative innovation; enterprise financial risk management; risk evaluation; random set theory; radial basis function.

DOI: 10.1504/IJITM.2022.123394

International Journal of Information Technology and Management, 2022 Vol.21 No.2/3, pp.139 - 152

Received: 18 Jul 2019
Accepted: 17 Jan 2020
Published online: 20 Jun 2022 *

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