Abstract
Controlling product size type and quality is a set of technical, technological, organizational and preparatory procedures correlated in one process. Indexes for the demand for product in foreign and local markets vary according to its quality, and consequently technological processes should guarantee and warrant protects of subtle qualities and quality indexes. Securing quality of the product in all industrial sectors depend on large extent on machines building industry and technical and technological advancement. Engineering economies helps a lot in upgrading product quality and standards through studying the potentials of industrial establishment, equipping and period maintenance methods thereof. Thus, the aim from controlling quality standard through studies, researches and prototypes is to form and create optimal standard for the new products based on technical and technological advancement achievements. In this research the dynamic index was used as it is designed for reflecting the success and efficiency of the material and scientific potentials and the technical and technological policy oriented to industry and upgrading the standard, level and quality of the product and finds technical solutions and evaluates performance of the industrial firm.
Highlights
Production efficiency is described by a number of technical and economic outcome and by evaluation them economically
We suggest to use the dynamic index due to the importance attached to industrializations
This indicator is designed to reflect the success and efficiency of the use of material and practical capabilities directed to industry. This index reflects success of the technical policy oriented towards upgrading the level and standards of finished product and finding the used and applied technical solutions
Summary
Production efficiency is described by a number of technical and economic outcome and by evaluation them economically. It seems more rational to find one general and designed index that could reflect all economic activity aspects of the industrial firm and its productive departments. In orders to evaluate productive efficiency, the general proposed dynamic index allow topically to evaluate all aspects of firm's activity and work not at the present moment only but doss during the following period .
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