Optimization of Enterprise Activity
T Osechkina, M Sevodin
Available Online 17 March 2020.
- https://doi.org/10.2991/aebmr.k.200312.211How to use a DOI?
- 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.
- 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 -