Usage of static and dynamic control charts in company financial proceeding.

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F09%3A63508561" target="_blank" >RIV/70883521:28120/09:63508561 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Usage of static and dynamic control charts in company financial proceeding.
Original language description
We will deal with company financial proceeding using statistical process control in this paper. Especially, we will use Shewhart´s control charts operating with the constant mean and also control charts with non-constant mean and finally process capability indices. We will need to define the center line, UCL and LCL for the control chart construction. The regulated process is not allowed to cross the UCL and LCL boundaries. We will use an Altman´s model for this construction as the most popular index ofcompany financial stability (so called Z-score). We will demonstrate described situation on two case studies. The first one will be focused on financial flow regulation for one company. The second one will describe situation for six companies. Two special types of control charts (CUSUM and EWMA) will be introduced towards the end of this paper. These charts are sensitive on the mean shift. The practical applications will be displayed on two case studies. We would like to point out that
Czech name
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Czech description
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Publication year
2009
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Applications of Mathematics and Statistics in Economy:
ISBN
978-80-245-1600-4
ISSN
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e-ISSN
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Number of pages
23
Pages from-to
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Publisher name
Vysoká škola ekonomická v Praze, Nakladatelství Oeconomica
Place of publication
Praha
Event location
Praha
Event date
Aug 26, 2009
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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