A Model for Estimating the Risk of Profit Loss in Industrial Enterprises
E.L. Pankratov
International Journal of Economics & Business Administration (IJEBA), 2023, vol. XI, issue 4, 64-72
Abstract:
Purpose: In this paper we introduced a model for prognosis of profit of industrial enterprises. This model gives a possibility to make a prognosis of profit of these enterprises with account increasing of quantity of manufactured products, as well as various expenses of enterprises (raw material purchase costs, transportation costs, ...). Design/Methodology/Approach: An analytical approach for analyzing of the influence of changing of various parameters on the profit of industrial enterprises has been introduced. Findings: The model gives a possibility to decrease risk of decreasing of profit due to decreasing of overhead expenses. Practical Implications: The model gives a possibility to make the prognosis of profit with account changing of quantity of manufactured products, as well as various expenses (raw materials, transportation costs, ...). Originality/Value: In this paper we introduce a model for prognosis of profit of industrial enterprises with account of changing the volume of manufacturing production.
Keywords: Prognosis of profit of industrial enterprises; minimization of risk of decreasing of profit; industrial enterprises. (search for similar items in EconPapers)
JEL-codes: O1 O3 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ers:ijebaa:v:xi:y:2023:i:4:p:64-72
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