Production Potential of the Enterprise and Economic Assessment Production Efficiency

Abstract

Production potential characterizes the amount of production resources of an enterprise and reflects its ability to produce products. The cost of production capacity and the level of its utilization are important information that can be used in the company's management process. The most relevant practical tasks related to determining the potential of an enterprise can include: assessing the total cost of production resources, the cost of the company, production efficiency, determining the overall scientific and technical level of production, the company's competitiveness, and the optimal size of production. Despite the fact that the tools of the theory of production potential can be used to solve various problems related to enterprise management, most research in this area is of a General theoretical nature. The article considers the essence of the production potential, methods for determining its value. It is concluded that one of the priority directions of using information about the potential of the enterprise is a more accurate assessment of the economic efficiency of production. The classification of indicators for evaluating the overall (absolute) production efficiency is carried out and it is proposed to Supplement it with a group of integral indicators, which include generalizing indicators for evaluating the production potential of the enterprise. The proposed approach will allow not only to conduct a more reasonable assessment of production efficiency, but also to develop certain theoretical positions in the field of determining production potential.