SHS Web Conf.
Volume 35, 20173rd International Conference on Industrial Engineering (ICIE-2017)
|Number of page(s)||5|
|Section||Sustainable Development of Industrial Enterprises|
|Published online||26 June 2017|
Improved methods of complex estimation of efficiency of activity of industrial organizations
South Ural State University, Chelyabinsk, Russia
* Corresponding author: email@example.com
The article substantiates the need for combined technological, technical, financial and economic indicators that characterize the efficiency of production and economic activity of an industrial enterprise. Stages of performance evaluation: from single to integrated assessment criteria. It named the main drawback of the existing methods of constructing a system of indicators, which leads to subjectivity, to a lack of real understanding of the financial and economic state of the industrial organization. It is shown that multivariate statistical methods of classification can not only minimize their number, but also to detect correlations for each cluster, as well as to build a multi-factor regression models, which are the basis of perfection of a technique of an integrated approach to assessing the results of functioning of the organization. Thus, the algorithm for determining the integral index of evaluating the performance of the company contributes to an objective vision of the ways to improve operational and financial performance of industrial organizations.
© Owned by the authors, published by EDP Sciences, 2017
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.