Algorithm for managing investment resources for enterprises' fixed assets reproduction
- 10.2991/icemw-18.2018.35How to use a DOI?
- investment resources, main production assets renewal, average capital cost, lineal programming
The article deals with the algorithm for managing the formation of investment resources for the reproduction of the main production assets of enterprises, as well as setting the task of determining the optimal structure of financing sources for enterprise projects on the basis of linear programming. In order to solve this problem, it is necessary to use instrumental management methods to increase the efficiency of decisions taken by investment managers to form an optimal structure of sources of financing for the company's projects. The most developed and widely used economic-mathematical method for solving problems of optimal planning is linear programming. As a result of the optimization criteria analysis for compliance with the requirements, it was established that only the criterion of minimization of the average weighted cost of the enterprise's capital meets them to the full. The criterion "minimization of the weighted average cost of capital" makes it possible to optimize the structure, both of the enterprise's total capital, and the structure of sources of investment resources for the reproduction of the company's fixed productive assets. And it also takes into account indirectly the level of risk through the cost of attracted investment resources from various sources.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Andrei Anatolievich Boyko AU - Vladislav Viktorovich Kukartsev AU - Vadim Sergeevich Tynchenko AU - Ekaterina Anatolievna Chzhan AU - Alena Alexandrovna Stupina PY - 2018/08 DA - 2018/08 TI - Algorithm for managing investment resources for enterprises' fixed assets reproduction BT - Proceedings of the International conference "Economy in the modern world" (ICEMW 2018) PB - Atlantis Press SP - 188 EP - 193 SN - 2352-5428 UR - https://doi.org/10.2991/icemw-18.2018.35 DO - 10.2991/icemw-18.2018.35 ID - Boyko2018/08 ER -