For Excel's calculation of basic (fixed) assets amortisation values, the investigated economic and mathematical foundation with required values and their relations were used. The investigated and introduced theory is adapted to Excel's calculations of fixed assets amoritisation based on today's needs. All values for Excel's calculations are sorted ...

By Sead Rešić, Husnija Bibuljica, Vehbi Ramaj

A mathematical model describes a system using a series of sets, equations, variables that describe relationships and relationships between them. The system is an abstract entity, which we believe has no interaction with the environment but is isolated and exists as an independent entity. Usually, the system is defined by the mathematical relations ...

By Sead Rešić, Elvir Čajić, Anela Hrnjičić