Summary:

To describe the production process, a model based on a vector currency space, standardized with the class of Minkowski norms, was used. As a result of normalizing this space with equivalent norms, the following spaces were obtained: economic, risk, executive and decision space with the metrics induced by these norms belonging to the class of Minkowski's metric. Each of these spaces enables to analyze and evaluate the economic phenomenon:
- the economic space allows the determination of planned values and the specifying of the economic effect (measured in money) based on self-assumptions and market data,
- the risk space using the analogy to physical space and taking into account the risk based on data from the economic space and market data enables the determination of qualitative values in risk objects,
- the executive space based on data from the risk space and market data, enable a selection of the most favorable options,
- the decision space enables a decision of a choice of the most advantageous variant based on the data from the executive space.