Quantification of Possible Level of Cost Reduction in Enterprise as a Result of Intensification of Production Processes

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10235784" target="_blank" >RIV/61989100:27510/17:10235784 - isvavai.cz</a>

Result on the web

<a href="https://www.ekf.vsb.cz/export/sites/ekf/k152-new/.content/galerie-souboru/286097794.pdf" target="_blank" >https://www.ekf.vsb.cz/export/sites/ekf/k152-new/.content/galerie-souboru/286097794.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Quantification of Possible Level of Cost Reduction in Enterprise as a Result of Intensification of Production Processes

Original language description

The article presents a comparative model system for quantification of the level of change in total production process costs in enterprises. These are changes in the level of costs attained in connection with the application of intensification measures in a given production process or processes which are linked logistically with the production process and measures expressed in them in the production process. Intensification measures allow the attainment of higher process performance, which is expressed in a growth in the level of production. This fact has a possible echo in the possibility of reducing total process costs. The presented model allows an informationally correct quantific ation of the level of reduction in total process costs in the context of comparison of process variants. The article also presents an information analytical model determination of possible distortion in the level of change of total process costs in the case of a cost comparison of process variants. This information distortion of the level of savings on process costs then initiates a further distortion in potential decisions of managers, who apply these distorted information inputs to subsequent solutions of decisive situations in the enterprise. Our article has been written in order to avoid the occurrence of the input information conditions leading to the formation of such incorrectly taken decisions.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

<a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Applied Economic Sciences

ISSN

1843-6110

e-ISSN

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Volume of the periodical

XII

Issue of the periodical within the volume

1(47)

Country of publishing house

RO - ROMANIA

Number of pages

2

Pages from-to

107-108

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85048627615