The Development of an Economic-Mathematical Model for the Optimal Distribution of Financial Resources During the Modernization of the Production for Manufacturing of Modern High-Tech Products

2021 ◽  
pp. 358-365
Author(s):  
Evgeny V. Shmakov ◽  
Alexander A. Chursin
Keyword(s):  
Mathematical Model ◽  
Financial Resources ◽  
High Tech ◽  
Optimal Distribution

METHOD OF COMPARATIVE EVALUATION OF OPTIONS FOR JOINT USE OF TRADITIONAL AND NEW TYPES OF HIGH-TECH PRODUCTS

2019 ◽  
pp. 100-107
Author(s):  
A. M. Batkovsky ◽  
A. V. Leonov ◽  
A. Yu. Pronin ◽  
A. V. Fomina
Keyword(s):  
Comparative Evaluation ◽  
New Products ◽  
Economic Assessment ◽  
The State ◽  
Financial Resources ◽  
High Tech ◽  
Pareto Optimal ◽  
Fixed Set ◽  
The Law

In conditions of limited financial resources of the state, the task of assessing the appropriateness and choosing rational options for the joint use of traditional and new types of high-tech products is topical. The paper proposes a method for substantiating rational options for the joint use of traditional and new products of high-tech products, based on the criteria of their comparative technical and economic assessment, namely, comparing the achieved efficiency and the required cost of performing a fixed set of tasks. The dialectical foundations of the method are presented, in particular, it is established that the law of development of high-tech products fully corresponds to the well-known classical law of «denial of denial». The structure of the method, the order of formation of the set of Pareto-optimal options for the joint use of traditional and new products, as well as the algorithm for choosing a rational option are considered.

Modeling the performance of healthcare construction projects

2019 ◽  
Vol 26 (9) ◽  
pp. 2023-2039
Author(s):  
Karim A. Iskandar ◽  
Awad S. Hanna ◽  
Wafik Lotfallah
Keyword(s):  
Mathematical Model ◽  
Performance Metrics ◽  
Project Performance ◽  
The Body ◽  
Assessment Tools ◽  
Healthcare Sector ◽  
High Tech ◽  
Relative Importance ◽  
Content Type ◽  
Performance Metric

Purpose Healthcare-sector projects are some of the most complex in modern practice due to their reliance on high-tech components and the level of precision they must maintain. Existing literature in healthcare performance specifically is scarce, but there is a recent increasing trend in both healthcare construction and a corresponding trend in related literature. No previously existing study has derived weights (relative importance) of performance metric in an objective, data-based manner. The purpose of this paper is to present a newly developed mathematical model that derives these weights, free of subjectivity that is common in other literature. Design/methodology/approach This paper’s model considers 17 exceptional projects and 19 average projects, and reveals the weights (or relative importance) of ten performance metrics by comparing how projects relate to one another in terms of each metric individually. It solves an eigenvalue problem that maximizes the difference between average and exceptional project performances. Findings The most significant weight, i.e. the performance metric which has the greatest impact on healthcare project performance, was request for information per million dollars with a weight of 16.07 percent. Other highly weighted metrics included construction speed and schedule growth at 13.08 and 12.23 percent, respectively. Rework was the least significant metric at 3.61 percent, but not all metrics of quality had low ratings. Deficiency issues per million dollars was weighted at 11.61 percent, for example. All weights derived by the model in this paper were validated statistically to ensure their applicability as comparison and assessment tools. Originality/value There is no widely accepted measure of project performance specific to healthcare construction. This study’s contribution to the body of knowledge is its mathematical model which is a landmark effort to develop a single, objective, unified project performance index for healthcare construction. Furthermore, this unified score presents a user-friendly avenue for contractors to standardize their productivity tracking – a missing piece in the practices of many contractors.

Analysis of managerial innovation flow on the small and medium it sized enterprises

2013 ◽  
Vol 4 (2) ◽  
pp. 34-46
Author(s):  
Taciana De Barros Jerônimo
Keyword(s):  
High Technology ◽  
Financial Resources ◽  
It Management ◽  
High Tech ◽  
Strategic Decisions ◽  
Skilled Workers ◽  
Highly Skilled ◽  
Managerial Innovation

The purpose of this paper is to develop a diagram flow of strategic decisions on small and medium-sized high-tech enterprises and explains how it can be used to transform a innovate idea into a competitive output in the market. These enterprises are characterized, by their ability to create value, employ highly skilled workers, and use high technology in their internal processes. These firms face some problems like weak strategies of IT management and limited human and financial resources. The approach suggested in this paper offers small and medium-sized firms an opportunity to innovate or create newer outputs and increase the competitive effectively with others companies. Additionally, this paper can be used as a guide to building innovation as strategic competitiveness on the small and medium IT sized enterprises, denoted SMET at this paper.

Construction Enterprise Material Stocks Management Economic and Mathematical Model Creating

2018 ◽  
Vol 7 (3.2) ◽  
pp. 160
Author(s):  
Yuriy Kharchenko ◽  
. .
Keyword(s):  
Mathematical Model ◽  
Building Materials ◽  
Financial Resources ◽  
Optimal Size ◽  
Stock Management ◽  
Construction Enterprise ◽  
Construction Enterprises ◽  
Modern Economic ◽  
Formation System ◽  
Usage Efficiency

Material stock management modern economic and mathematical models   are studied. Materials stock formation system at one of Poltava construction enterprises was analyzed by the author. It is proposed to use a deterministic and probabilistic model for determining the optimal size and time of placing an order depending on the group of building materials. It will increase financial resources usage        efficiency to hold stocks and increase construction enterprise profit.  

DETERMINING PLANNING PROCESS DIFFERENCES FOR GROWTH-ORIENTED NEW VENTURES: A QUALITATIVE ANALYSIS OF HIGH-TECH AND NON HIGH-TECH FIRMS

1994 ◽  
Vol 02 (04) ◽  
pp. 887-905
Author(s):  
J B ARBAUGH ◽  
DONALD L SEXTON
Keyword(s):  
Environmental Analysis ◽  
Planning Process ◽  
New Ventures ◽  
Strategy Implementation ◽  
Management Team ◽  
Financial Resources ◽  
High Tech ◽  
Top Down ◽  
Planning Processes ◽  
Growth Planning

This paper compares two qualitative studies of growth-oriented firms to identify similarities and propose differences in growth planning processes between high-tech new ventures and other types of new ventures. The comparison suggests that infrastructural preparation for growth is necessary for all types of growth-oriented new ventures. However, the paper proposes that high-tech new ventures must spend more time in environmental analysis than non high-tech new ventures because their external environments change much more rapidly. The paper also proposes that the high-tech firm’s management team conduct strategy implementation as a top-down activity to control scarce financial resources, whereas implementation be delegated to the functional levels in non-high tech firms.

scholarly journals DEVELOPMENT OF A MATHEMATICAL MODEL FOR THE RESEARCH OF THE DYNAMICS OF VIBRATION MILL WITH TWO DRIVES FOR BULK MATERIALS FINE GRINDING

2021 ◽  
pp. 89-99
Author(s):  
Volodymyr Topilnytskyy ◽  
Dariya Rebot
Keyword(s):  
Mathematical Model ◽  
Optimal Designs ◽  
High Tech ◽  
Bulk Materials ◽  
Fine Grinding ◽  
Different Types ◽  
Parameterized Model ◽  
The Mathematical Model ◽  
Universal Equipment ◽  
Vibration Mill

Reducing by grinding the size of various materials as raw materials for its further use is an urgent applied task. The requirements for the final product obtained by fine grinding are its homogeneity in shape and size of individual parts. It is necessary to reduce the time of the grinding operation, reduce energy consumption to obtain a unit of product of the required quality. One way to solve the problem is to use high-tech universal equipment, namely mills for fine grinding of materials. One way to solve the given problem is to use high-tech universal equipment, namely mills for fine grinding of materials. Their optimal design, construction, manufacture and operation are ensured by studying their dynamics at the stage of their development. In particular, such a study of the dynamics can be carried out on the basis of previously created mathematical models of these mills. The use of computer technology and appropriate mathematical CAD systems will speed up and optimize the process of studying the dynamics of the corresponding mill of fine grinding of materials. The purpose of the research is to build a mathematical nonlinear parameterized model of vibrating mill with two drives for bulk materials fine grinding for further study on its basis the dynamics of the mill with the development of optimal designs for mills with similar structure and the principle of operation and selection of optimal modes of operation. The mathematical model is presented as a system of expressions describing the of the mill points motion, which will include in the form of symbolic symbols all its parameters (kinematic, geometric, dynamic, force). This model is constructed using the Lagrange equation of the second kind and asymptotic methods of nonlinear mechanics. The mathematical model for studying of the dynamics of vibration mill with two drives for bulk materials fine grinding is nonlinear and universal. The non linearity of the model makes it possible to adequately determine of the above parameters influence on the amplitude of oscillations of the mill working chamber as the main factor in the intensity in the technological process of the fine grinding bulk materials fine grinding. The possibility of a wide range of changes in the parameters of the mill in the obtained models makes it universal based on the possibility of application for the study of dynamic processes in vibrating mills of different types with two or one drive which are different by shape, size, location of the suspension and more. This model can also be used to develop optimal designs for vibrating mills for different industries, which will be used to grind different types of materials in different volumes and productivity.

scholarly journals EVALUATING THE EFFECTIVENESS OF USING FINANCIAL RESOURCES AIMED AT INNOVATIVE INDUSTRIALIZATION

THE BULLETIN ◽  
2021 ◽  
Vol 389 (1) ◽  
pp. 231-237
Author(s):  
А. Nurgaliyeva ◽  
А. Zeinullina ◽  
G. Nurbayeva ◽  
B. Serekbayeva ◽  
G. Bolsynbekova
Keyword(s):  
Structural Changes ◽  
New Technologies ◽  
Raw Materials ◽  
Banking System ◽  
Developed Countries ◽  
Financial Resources ◽  
High Tech ◽  
Innovative Model ◽  
Internal Sources

In the new global reality, the most appropriate model for long-term development of Kazakhstan is the industrial and innovative model. The need to implement industrial and innovative development is dictated by the challenges of the XXI century, the economic imperatives of globalization. Lagging indicators such as labor productivity, which today is only 39 thousand US dollars, while this indicator in the OECD countries is on average more than 2.5 times higher. The share of manufacturing in GDP in 2017 is only 12%, while this figure in developed countries such as China is about more than 35%. In order to enter the top 30 developed countries, further development of the industrial and innovative model is required. It is no accident that in his last two messages, the President focuses on the development of new technologies, new models of digitalization, the need to accelerate the introduction of more complex products, increase the technological level, and increase the share of exports. The development of Kazakhstan's economy requires qualitative and structural changes in the economy and a shift away from its dependence on raw materials, an increase in the share of manufacturing, high-tech industries and the expansion of exports of finished products. The formation of a competitive economy requires huge financial resources that will be directed to innovative industrialization on a long-term basis. The new global reality has led to a reduction in the ability to attract funding. Lack of internal sources of financing, reduction of external sources of financing of the banking system of Kazakhstan, insufficient development of the Kazakhstan stock market significantly limit the ability to meet the needs of the real sector of the economy in financial resources.

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