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ALGORITHMIZATION OF ECONOMIC EFFICIENCY INDICES PERTAINING TO MANUFACTURING OF TRANSPORT MACHINERY

Abstract

The paper shows that cost effectiveness and profitability are considered as a general economic characteristic that reflects a final efficiency of an enterprise operation and its output products. The main index of cost effectiveness level is a ratio of a general profit amount to productive assets. Cost effectiveness of transport machinery manufacturing is presented as a relative index of business profitability level. Algorithms for calculation of main economic efficiency pertaining to transport machinery have been developed in the paper.

About the Author

T. I. Chepeleva
Belarusian National Technical University


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For citations:


Chepeleva T.I. ALGORITHMIZATION OF ECONOMIC EFFICIENCY INDICES PERTAINING TO MANUFACTURING OF TRANSPORT MACHINERY. Science & Technique. 2011;(3):48-50. (In Russ.)

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ISSN 2227-1031 (Print)
ISSN 2414-0392 (Online)