Improvement of the Model for Calculating the Operating Profit of Industrial Enterprises Taking into Account the Problem of Optimal Distribution of Productive Resources

Ruslan Skrynkovskyy,Volodymyr Yuzevych,Sviatoslav Kniaz,Fedir Horbonos,Lyubomyr Sopilnyk,Nataliia Pavlenchyk

doi:10.22178/pos.44-2

Abstract

On the ground of the conducted research, based on the stated goals and objectives, the model of calculating the operating profit of industrial enterprises, which is based on economic and mathematical dependencies, and takes into account the problem of optimal distribution of production resources in the system of operational management has been improved. Great attention has been paid to the analysis of the cost factors in the system of analysis of the ratio of “costs – volume – profit”, the definition of the optimal distribution of productive resources from the set of possible (admissible) ones in the organization of labor and production, the difference between accounting and economic approaches to calculating profit, the difference in approaches to the classification of overhead costs in terms of activity-based costing.

Highlights

The practice of conducting business shows that the main way to increase the level of financial stability and competitiveness of industrial enterprises is to increase their profitability by increasing production [1, 2, 3]
It should be noted that the object of heated discussions is the peculiarities of the formation and use of the economic and mathematical model for calculating the operating profit of industrial enterprises and determining the optimal allocation of production resources in the system of operational management
On the basis of the results of the research [1, 4], it can be stated that operating profit of the enterprise is the income, obtained from sales of products of the enterprise, reduced by the amount of the accrued value added tax, excise duty, and by the amount of expenses included in the cost of sold products [4]

Summary

Introduction

The practice of conducting business shows that the main (and most effective) way to increase the level of financial stability and competitiveness of industrial enterprises is to increase their profitability by increasing production [1, 2, 3]. It should be noted that the object of heated discussions is the peculiarities of the formation and use of the economic and mathematical model for calculating the operating profit of industrial enterprises and determining the optimal allocation of production resources in the system of operational management. All this conditioned the relevance of the study, determined its theme and directions

Objectives

Results

Conclusion