IDEAS home Printed from https://ideas.repec.org/a/pet/annals/v9i3y2009p205-212.html
   My bibliography  Save this article

Diagnosing And Evaluating The Performances Of National Hard Coal Company Based On An Econometric Model For Analyzing The Costs Based On The Correlation Method

Author

Listed:
  • Diana Cornelia Csiminga

    (University of Petroşani, Romania)

  • Mirela Iloiu

    (University of Petroşani, Romania)

  • Gheorghe-Florin Buşe

    (University of Petroşani, Romania)

Abstract

The purpose of the initial step from this paper is not to reflect to the opportunity of the implementation of some new methods of analyze and to offer the possibility to fundament some strategic decisions regarding the improvement of the abilities from the pit coal market, following that by applying creatively a model of analyze to be assured a board picture, with a role of offering basic information for taking the major decisions regarding the decrease of the coasts and increase of the activity efficiency in order to perfect the actions for reconfiguring the speed for extracting the pit coal. To apply a model of stimulation having as base the correlation analyze, which surprises the influence of some factors as: goods production, valour productivity of the work, the ponder of material expenses into the total cost over a factor of performance represented by the expense at 1000 Lei of goods production allowed the visualization of the changing the factor resulted into the conditions of the increasing or decreasing of the studied factors. The value of the determination coefficient and the result of using the Fisher test show us that the model expresses very well the link between the expenses at 1000 Lei of goods production and the mentioned factors, the reason for which it can be used at setting the decisions, for improving the organization and managing, having as purpose to increase the work quality (based on the productivity increase) and reducing the expenses for exploiting the hard coal.

Suggested Citation

  • Diana Cornelia Csiminga & Mirela Iloiu & Gheorghe-Florin Buşe, 2009. "Diagnosing And Evaluating The Performances Of National Hard Coal Company Based On An Econometric Model For Analyzing The Costs Based On The Correlation Method," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 9(3), pages 205-212.
  • Handle: RePEc:pet:annals:v:9:i:3:y:2009:p:205-212
    as

    Download full text from publisher

    File URL: http://upet.ro/annals/economics/pdf/2009/20090320.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pet:annals:v:9:i:3:y:2009:p:205-212. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Imola Driga (email available below). General contact details of provider: http://www.upet.ro/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.