Scheme of the Process of Calculation of the Standard Price of Products in an International Corporation

Lyashenko Igor N. and Verbitskaya Valentina V. ()
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Lyashenko Igor N.: Kyiv National University named after T. Shevchenko
Verbitskaya Valentina V.: Kyiv National University named after T. Shevchenko

Business Inform, 2013, issue 6, 270_274

Abstract: The article offers a scheme of the process of calculation of a standard price for consideration. This scheme includes three stages. The first stage - the task of price aggregation. The article describes a model for aggregation of calculation of standard prices with the help of analysis of topical literature and modern methods of aggregation of mathematic models. The second stage is the task of optimisation of analysis of obtained indicators. The third stage is the task of decision making with many input parameters, since the strategy of behaviour should be developed individually for each company on the basis of obtained indicators and market conditions. The fourth stage, in accordance with the obtained result of the task of decision making, is development of a plan or strategy of further development.

Keywords: standard price; cost; finished product; price aggregation; product specification; finished product (search for similar items in EconPapers)
Date: 2013
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