THE APPLICATION OF MODERN METHODS OF CALCULATION IN FOUNDRY PRODUCTION

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27360%2F21%3A10249499" target="_blank" >RIV/61989100:27360/21:10249499 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.confer.cz/metal/2021/read/4285-the-application-of-modern-calculation-methods-in-foundry-production.pdf" target="_blank" >https://www.confer.cz/metal/2021/read/4285-the-application-of-modern-calculation-methods-in-foundry-production.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.37904/metal.2021.4285" target="_blank" >10.37904/metal.2021.4285</a>

Jazyk výsledku

angličtina

Název v původním jazyce

THE APPLICATION OF MODERN METHODS OF CALCULATION IN FOUNDRY PRODUCTION

Popis výsledku v původním jazyce

The current business environment is characterized by the constantly changing needs and wishes of customers, technological progress and growing competition. A company which wants to maintain its position on the market must actively work to maintain and increase its competitiveness. A key method of gaining a sustainable competitive advantage is through effective cost management. The basic pillar of cost management is extensive data collection and continuous optimization of established systems through modern management methods. Development of the business environment has caused change in the structure of manufacturing processes and the scope of overhead activities, which have been reflected in an increased differentiation of overhead costs. The complexity of the relationships and causes of costs is becoming so significant that traditional costing methods do not provide sufficient information, creating the need to seek a more sophisticated costing system. The Activity-Based Costing method calculates costs according to activity. The principle of calculation is the allocation of overhead costs to individual defined activities, through which they are assigned to cost objects on the basis of a causal relationship between the economic resource and the cost object. The paper presents modern cost management tools with a focus on the Activity-Based Costing (ABC) calculation method and its application in the field of foundry production. The aim of the paper is to present the implementation of the ABC method through a case study in a selected industrial enterprise and to emphasize its further important role in the management of activities implemented in the enterprise and for the restructuring of company processes and activities. (C) 2021 TANGER Ltd., Ostrava.

Název v anglickém jazyce

THE APPLICATION OF MODERN METHODS OF CALCULATION IN FOUNDRY PRODUCTION

Popis výsledku anglicky

The current business environment is characterized by the constantly changing needs and wishes of customers, technological progress and growing competition. A company which wants to maintain its position on the market must actively work to maintain and increase its competitiveness. A key method of gaining a sustainable competitive advantage is through effective cost management. The basic pillar of cost management is extensive data collection and continuous optimization of established systems through modern management methods. Development of the business environment has caused change in the structure of manufacturing processes and the scope of overhead activities, which have been reflected in an increased differentiation of overhead costs. The complexity of the relationships and causes of costs is becoming so significant that traditional costing methods do not provide sufficient information, creating the need to seek a more sophisticated costing system. The Activity-Based Costing method calculates costs according to activity. The principle of calculation is the allocation of overhead costs to individual defined activities, through which they are assigned to cost objects on the basis of a causal relationship between the economic resource and the cost object. The paper presents modern cost management tools with a focus on the Activity-Based Costing (ABC) calculation method and its application in the field of foundry production. The aim of the paper is to present the implementation of the ABC method through a case study in a selected industrial enterprise and to emphasize its further important role in the management of activities implemented in the enterprise and for the restructuring of company processes and activities. (C) 2021 TANGER Ltd., Ostrava.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

<a href="/cs/project/EF17_049%2F0008399" target="_blank" >EF17_049/0008399: Rozvoj mezisektorové spolupráce RMTVC s aplikační sférou v oblasti výzkumu progresivních a inovací klasických kovových materiálů a technologií s využitím metod modelování</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2021

Kód důvěrnosti údajů

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

Název statě ve sborníku

METAL 2021 : conference proceedings : 30th Anniversary International Conference on Metallurgy and Materials : May 26 - 28, 2021, Brno, Czech Republic, EU

ISBN

978-80-87294-99-4

ISSN

2694-9296

e-ISSN

—

Počet stran výsledku

8

Strana od-do

1303-1310

Název nakladatele

Tanger

Místo vydání

Ostrava

Místo konání akce

Brno

Datum konání akce

26. 5. 2021

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

—