Factor analysis in the operational management
DOI:
https://doi.org/10.36958/sep.v8i1.232Keywords:
factor analysis, cost control, sustainable development, chain replacement methodAbstract
OBJECTIVE: to develop methodological techniques for factorial analysis; the adaptation of traditional methods and the development of new cost analysis and control methods in the context of the concept of sustainable business development and the overall cumulative increase in associated costs. METHOD: the mixed (quantitative and qualitative) method is a tool for calculating the influence of different factors on deterministic factor models, including multiplicative, multiple and mixed models. RESULTS: research into the factors of production has made remarkable progress, identifying a wide range of economic strategies which contribute to significantly improving the performance and productivity of enterprises. CONCLUSION: the main objective of economic analysis can be identified as the development of strategies for management decisions aimed at eliminating existing shortcomings, consolidating results and increasing efficiency in the use of existing resources; developing current and long-term plans for the further development of productive activities.
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