Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)

Optimization of Enterprise Activity

Authors
T Osechkina, M Sevodin
Corresponding Author
T Osechkina
Available Online 17 March 2020.
DOI
https://doi.org/10.2991/aebmr.k.200312.211How to use a DOI?
Abstract
This paper dwells upon the use of optimization measures proposed by the theory of the securities portfolio (SP). The uncertainty of what consequences production planning may have makes imperative to take sound decisions by means of technologies tested in well-developed financial markets. This study adapts the principles behind EGP index models to managing a ‘multiprofile’ enterprise. The principles rely not only on the profitability of goods and its fluctuations, but also on the production costs. Enterprise activity optimization boils down to managing the product line. In the second part of the paper, the built models are tested by applying fuzzy sets. The profitability-to-risk ratio is a fuzzy function. When the function reaches its extreme, the enterprise is run optimally. The paper presents empirical evidence of how this model works. It shows how the proportions of goods in a company’s line can be optimized. The theoretical data is further compared against empirical data.
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Volume Title
Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
17 March 2020
ISBN
978-94-6252-929-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200312.211How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - T Osechkina
AU  - M Sevodin
PY  - 2020
DA  - 2020/03/17
TI  - Optimization of Enterprise Activity
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 1549
EP  - 1553
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.211
DO  - https://doi.org/10.2991/aebmr.k.200312.211
ID  - Osechkina2020
ER  -