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A Model for Estimating the Risk of Profit Loss in Industrial Enterprises

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  • E.L. Pankratov

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.

Suggested Citation

  • E.L. Pankratov, 2023. "A Model for Estimating the Risk of Profit Loss in Industrial Enterprises," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 64-72.
    • Handle: RePEc:ers:ijebaa:v:xi:y:2023:i:4:p:64-72
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    More about this item

    Keywords

    Prognosis of profit of industrial enterprises; minimization of risk of decreasing of profit; industrial enterprises.;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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