Mathematical modelling of motorcycle sale competition in Indonesia

Windarto, ,- and Eridani, ,- (2021) Mathematical modelling of motorcycle sale competition in Indonesia. Communications in Mathematical Biology and Neuroscience, 2021 (2021). pp. 1-10. ISSN 2052-2541

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Motorbike is a means of transportation that is widely used in Indonesia and other developing countries. In this paper, we apply the Lotka-Volterra competition mathematical model to describe the dynamics of motorcycle sale competition between two motorcycle producers in Indonesia. We also estimate the parameter values of the model using the particle swarm optimization method. We found that the mathematical model quite well to explain the annual motorcycle sales of both companies. The results of the model analysis show that the competition between the two motorcycle producers is pure competition, with the first producer dominates market share of motorcycle selling in Indonesia.

Item Type: Article
Subjects: Q Science > QA Mathematics > QA1 Mathematics (General)
Q Science > QA Mathematics > QA297-299.4 Numerical Analysis
Q Science > QA Mathematics > QA370-387 Differential Equations
Divisions: 08. Fakultas Sains dan Teknologi > Matematika
Depositing User: Mr Vega Andi Budiman
Date Deposited: 23 Jun 2023 23:53
Last Modified: 23 Jun 2023 23:53
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