Modeling Break-even Zone Using the Integral Methods

Horal, Liliana; Shyiko, Vira; Yaroshenko, Oleg M.

doi:10.2991/smtesm-19.2019.34

Cited by 3 publications

(3 citation statements)

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“…To study the financial results of the activities of Bayan Sulu JSC, consider the distribution of costs. Since the availability of more detailed information on costs makes it possible to: set the price of products, services, assess the efficiency of processes, as well as the efficiency of using resources by individual departments, the importance of customers in terms of their contribution to the profit of organizations [5][6][7][8][9][11][12][13][14][15][16][17][18].…”

Section: Main Partmentioning

confidence: 99%

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Break-even Analysis of Industrial Enterprises in the Regions of Kazakhstan

Kurmangaliyeva¹,

Kaumenova²,

Tastemirova³

2021

Proceedings of the 3rd International Conference Spatial Development of Territories (SDT 2020)

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This article analyzes the profitability of the enterprise, which is significant and cannot be overestimated. Since profit determines the final result of the financial activity of any enterprise, which is a source of increasing the financial resources of the enterprise. Thus, the article analyzes the effectiveness of commercial activities, the impact of costs on the most important indicators, as well as various ways to reduce them. The analysis of break-even activity of the company "Bayan Sulu" JSC based on the results of the financial statements for 2017-2018 was carried out. Reducing production costs allows the company to earn high dividends from investments and sell finished products. Thus, the break-even point was calculated for the production of Bayan Sulu JSC. this indicator is significant when drawing up a plan for the production and sale of finished products at the enterprise under study. Also, the break-even point value allows us to understand the balance of costs and revenues at the enterprise and allows us to make decisions about changes in prices for products (works, services). It is natural that the state of break-even at higher (lower) fixed costs can be achieved with a significantly larger (smaller) volume of product sales than for companies with high (low) variable costs.

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Section: Main Partmentioning

confidence: 99%

“…However, in practice, it can be expected that total fixed costs remain the same for all the production levels. Most likely, they will grow by stages [2,5,8].…”

Section: Introductionmentioning

confidence: 99%

Break-even Analysis of Industrial Enterprises in the Regions of Kazakhstan

Kurmangaliyeva¹,

Kaumenova²,

Tastemirova³

2021

Proceedings of the 3rd International Conference Spatial Development of Territories (SDT 2020)

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“…The impact of digitalisation and digital technology on business processes and business models has been addressed by many scholars. Various aspects of this issue have been explored by prominent scientists and economists, among whom significant contributions have been made by Harry Bouwman, Shahrokh Nikou, Williams [7], Christian Dörner, Fahri Yetim, Volkmar Pipek, Volker Wulf [8], Chunguang Bai, Joseph Sarkis [9], Marcus Fischera, Florian Imgrunda, Christian Janiescha, Axel Winkelmanna [10], Liliana Horal, Vira Shyiko [11], Svitlana Korol [12], Inesa Khvostina [13]. However, the intensive process of the economy digitalization generates the emergence of new digital technologies and solutions, the specificity of their impact on business models of enterprises requires additional scientific study, which makes the topic of research relevant.…”

Section: Literature Reviewmentioning

confidence: 99%

The Management of Business-Processes Strategic Sectors of Economy on Digital Transformation Conditions

Horal

Korol

Havrylenko³

et al. 2020

Proceedings of the III International Scientific Congress Society of Ambient Intelligence 2020 (ISC-SAI 2020)

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This paper investigates the issues of the management improvement of business-processes on conditions of digital transformation. Based on studies of domestic and foreign scientists, it was established that the intensive process of digitization of the economy generates the emergence of new digital technologies and solutions, the specificity of their impact on business models of enterprises needs additional scientific study. Generalized conceptual diagram of the system modeling process is proposed. It has been found that digital transformation has led to changes in the business process management of enterprises, which have been driven by improved efficiency and manageability of operations, and have become a challenge oriented to the experience of successful global companies. A business process model was built "as is", then a model "to be" be based on them modelling the digitized business process network of JSC Ukrtransnafta, which was carried out using BPMN Visio 2010 Premium. It is determined that the efficiency of functioning of the modern state is largely determined by the speed and quality of decision making. This is not possible without digitization in the new paradigm of digital transformation. It allows not only to digitize the data, but also to improve internal discipline and speed up the decision-making process.

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Economic and mathematical modeling of industrial enterprise business model financial efficiency estimation

Havrylenko¹,

Shiyko

Horal

et al. 2020

E3S Web Conf.

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The article proposes two methods for evaluating the financial efficiency of a business model of industrial enterprises. In order to evaluate the financial efficiency of the business model of an industrial enterprise, a system of single indicators for assessing the financial condition of the enterprise by such components as financial stability, liquidity and solvency, business activity and profitability was formed. Fishburne's rule weights the major components of an integral measure of an enterprise's business model financial performance. In addition, an integral measure of the financial performance of the business model is modeled using the fuzzy set method and taxonomic analysis, which will help to evaluate the financial performance level of the business model more objectively. The comparative analysis of the obtained results by different methods of calculation of integral indicators is carried out.

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Modeling Break-even Zone Using the Integral Methods

Cited by 3 publications

References 1 publication

Break-even Analysis of Industrial Enterprises in the Regions of Kazakhstan

Break-even Analysis of Industrial Enterprises in the Regions of Kazakhstan

The Management of Business-Processes Strategic Sectors of Economy on Digital Transformation Conditions

Economic and mathematical modeling of industrial enterprise business model financial efficiency estimation

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