In order to manage innovating projects, he paper offers a method for estimating the degree by which a manufacturing and technological system (ECO -system) has been converted during the operation cycle into an economic system. The operation cycle of a manufacturing and technological system is seen as a circular integrated set of vectors of cash or cash equivalent flows arising as a result of converting technological processes into products in the form of technological stages or end products with market cost. The operation cycle consists of two contours formed by five vectors of cash equivalent flows. The first contour is a right-angled triangle of vectors that is formed by: the vector of direct technological operation costs, the vector of tangible and intangible assets and their summation being the vector of manufacturing capital. The second contour is also a right-angled triangle of vectors formed by: the vector of direct technological operation costs, the vector of net income and their summation being the vector of sales value. The modules and directions of all vectors are variables. The level of converting technological processes into money equivalent flows has been offered to estimate by the conversion coefficients. The ideal manufacturing and technological system has some upper limits of the conversion coefficients of the operation cycle. Namely, the vector of sales value divided by the vector of a manufacturing capital and the vector of tangible and intangible assets divided by the net income vector are equal to one. The graphical interpretation of an ideal operation cycle is an equilateral triangle. In the operation cycle of a real manufacturing and technological system the conversion coefficients are less than one. Every criterion in this integrated set may change simultaneously when any innovation is implemented in a manufacturing and technological system. IDEAL (REAL) OPERATION CYCLE; VECTOR FIELD OF ECONOMIC POTENTIAL (LIABILITIES; ASSETS); CONVERSION OF TECHNOLOGICAL PROCESSES; MANUFACTURING AND TECHNOLOGICAL SYSTEM; VECTORS OF CASH EQUIVALENT FLOWS.Для управления инновационными проектами предложен способ оценки уровня конверсии в опера-ционном цикле производственно -технологической системы (ECO -systems) в экономическую систе-му. Операционный цикл производственно -технологической системы рассматривается как замкнутый интегрированный комплекс векторов денежных или их эквивалентов потоков, возникших как результат конвертации технологических процессов в продукты в форме технологических переделов или конечных продуктов, имеющих рыночную стоимость. Операционный цикл состоит из двух контуров, сформиро-ванных векторами потоков денежных эквивалентов. Первый контур является прямоугольным треуголь-ником векторов, сформированным: вектором прямых технологических операционных затрат, вектором материальных и нематериальных активов и их суммой, являющейся вектором производственного капи-тала. Второй контур является также прямоугольным треугольником векторов, сформированным: векто-ром прямых технологических операцио...
Innovation processes are a tool for quantitative and qualitative assessment and subsequent improvement of the efficiency of the engineering business. To accomplish this task, we have developed a creative graphical model based on the principle of converting the manufacturing capital into its money equivalent in the form of sales volume. The graphical interpretation of the closed operating cycle of conversion (OCC) in a manufacturing-technological system (MTS) is implemented in a triangle coordinate system including five cash flow vectors: sales volume; manufacturing capital; technological costs; net income; main funds (sum of tangible and intangible assets). The theoretical principles and the architecture of the parameters of the engineering business have been formulated on the basis of examining the OCC parametrical equation in a triangle coordinate system. We have obtained the following results: in a real engineering business the conversion criterion of an operating cycle (the relation of sales volume to manufacturing capital) is less than unity; in an ideal operating cycle this criterion is equal to unity, and exceeds unity in excise business. Accordingly, the net income in a real operating cycle is less than the technological costs, and they are equal in an ideal operating cycle, and the net income is more than the technological costs in excise business. The main funds of a manufacturing-technological system in a real operating cycle are more than the net income, they are equal in an ideal cycle, and the main funds of an MTS are less than the net income in excise engineering business. The task of innovating projects is to create the architecture for the parameters of operation cycle conversion in an MTS providing an increase in the investment attractiveness of engineering business on the stock market.
The relevance of the research is determined by the need to develop the mathematical toolkit for designing investment, innovative and complex projects in which technological, productive, and incremental and breakthrough innovations are implemented in manufacturing technological systems of production enterprises. Innovation activity of production enterprise should be realized in the "think-makethink" mode; therefore in conditions of digital economy each implemented innovation should be placed in a digital information analytic system of the enterprise management accounting. The aim of this research is to develop the toolkit regulating the sequence and validity of making management decisions. As the model of a manufacturing cycle we take the closed operation cycle converting manufacturing capital of the manufacturing-technological system in an enterprise into monetary capital in the form of manufactured and sold products having market added value. As a result of the study we developed the graphical analytic toolkit in the form of the plot of monetary flows vectors. This study allowed us to create a digital platform of an innovation activity in engineering business. Further research will be devoted to the development of entropy method of analysis and design of innovative projects in engineering enterprises.
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