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ECONOMIC AND MATHEMATICAL MODELING OF THE FUNCTIONING OF AN INDUSTRIAL ENTERPRISE

Authors :
Natalia Lokhman
Tatiana Beridze
Zoya Baranik
Alla Cherep
Iryna Dashko
Oxana Hamova
Source :
Фінансово-кредитна діяльність: проблеми теорії та практики, Vol 2, Iss 43 (2022)
Publication Year :
2022
Publisher :
FINTECH Alliance LLC, 2022.

Abstract

The purpose of the article is to model the activities of an industrial enterprise as an independent economic unit in order to increase the profit of the enterprise in terms of economic efficiency. Method. In the course of the research the methodology of economic-mathematical modeling was applied. The enterprise is considered as a complex system — a sublimated enterprise, an economic object. The use of simulation methods on specific statistical material of the industrial enterprise «PivdGOK» is given. The application of the methods of digital economy allowed to obtain the relevant indicators of the enterprise and to obtain appropriate visual and graphical representations of the results. Results. The economic and mathematical model of the industrial enterprise of PJSC «PivdGOK» is constructed, it allowed to generalize results of activity of the industrial enterprise. Analytical relations concerning the activity of an industrial enterprise are obtained, namely a systematic study of the relationship between costs, volume of activity and profit of the enterprise. Scientific novelty. For the first time the economic-mathematical model of activity of the industrial enterprise in the sense of definition of its effective functioning as economic unit is constructed. Obtained in the implicit form of the dependence of profit at a given economic efficiency allowed us to investigate this relationship in order to build a simulation model. Practical significance. The use of Mathcad software allowed to building a simulation model of the industrial enterprise. An analytical expression of the connection between economic efficiency and profit is obtained, which allows to carry out a corresponding analysis of the activity of an industrial enterprise. It is shown under what conditions it is possible to achieve the greatest profit at a given economic efficiency. The use of digital modeling allowed to numerically obtain the optimal values of profit and graphically display the results. Graphical representation of the obtained results allows for visual analysis.

Details

Language :
English, Ukrainian
ISSN :
23064994 and 23108770
Volume :
2
Issue :
43
Database :
Directory of Open Access Journals
Journal :
Фінансово-кредитна діяльність: проблеми теорії та практики
Publication Type :
Academic Journal
Accession number :
edsdoj.8b4b3b38c7b54fe5a01f1284698670a9
Document Type :
article
Full Text :
https://doi.org/10.55643/fcaptp.2.43.2022.3642