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Improvement of the Model for Calculating the Operating Profit of Industrial Enterprises Taking into Account the Problem of Optimal Distribution of Productive Resources

Author

Listed:
  • Ruslan Skrynkovskyy

    (Lviv University of Business and Law)

  • Lyubomyr Sopilnyk

    (Lviv University of Business and Law)

  • Fedir Horbonos

    (Lviv University of Business and Law)

  • Sviatoslav Kniaz

    (Lviv Polytechnic National University)

  • Nataliia Pavlenchyk

    (Lviv State University of Physical Culture)

  • Volodymyr Yuzevych

    (Karpenko Physico-mechanical Institute of the NAS of Ukraine)

Abstract

On the ground of the conducted research, based on the stated goals and objectives, the model of calculating the operating profit of industrial enterprises, which is based on economic and mathematical dependencies, and takes into account the problem of optimal distribution of production resources in the system of operational management has been improved. Great attention has been paid to the analysis of the cost factors in the system of analysis of the ratio of “costs – volume – profit”, the definition of the optimal distribution of productive resources from the set of possible (admissible) ones in the organization of labor and production, the difference between accounting and economic approaches to calculating profit, the difference in approaches to the classification of overhead costs in terms of activity-based costing.

Suggested Citation

  • Ruslan Skrynkovskyy & Lyubomyr Sopilnyk & Fedir Horbonos & Sviatoslav Kniaz & Nataliia Pavlenchyk & Volodymyr Yuzevych, 2019. "Improvement of the Model for Calculating the Operating Profit of Industrial Enterprises Taking into Account the Problem of Optimal Distribution of Productive Resources," Traektoriâ Nauki = Path of Science, Altezoro, s.r.o. & Dialog, vol. 5(3), pages 5011-5017, March.
    • Handle: RePEc:pos:journl:44-2
    DOI: 10.22178/pos.44-2
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    References listed on IDEAS

    as
    1. Edwin Whiting, 1986. "A Guide to Business Performance Measurements," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-07472-3, December.
    2. Ruslan Skrynkovskyy & Tetiana Protsiuk & Olha Ogirko & Nataliia Pavlenchyk, 2018. "Comprehensive Assessing the Enterprise Development Considering the Educational and Professional Potential of Employees in Management System," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 7(4), pages 246-255, November.
    3. Skrynkovskyy Ruslan & Pavlenchyk Nataliya & Horbonos Fedir & Protsiuk Tetiana, 2018. "Improvement of the express diagnostics of the production activity of the enterprise taking into account the method of determining the optimal production programs in the operational management system," Technology audit and production reserves, 6(44) 2018, Socionet;Technology audit and production reserves, vol. 6(4(44)), pages 4-10.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    industrial enterprises; operating profit; production resources; optimal allocation of resources; operational management; management decisions;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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