Open AccessDevelopment of A Multiparameter Algorithm for Establishing the Economic Efficiency of Research
Author(s) -
Evgeny N. Bardulin,
Lyudmila Zubova,
A. P. Yakovleva,
Olga Zinisha,
Lyudmila Yu. Piterskaya
Publication year - 2019
Publication title -
international journal of engineering and advanced technology
Language(s) - English
Resource type - Journals
ISSN - 2249-8958
DOI - 10.35940/ijeat.b3960.129219
Subject(s) - production (economics) , process (computing) , stability (learning theory) , risk analysis (engineering) , production cycle , algorithm , computer science , stage (stratigraphy) , reliability engineering , econometrics , actuarial science , engineering , mathematics , economics , business , manufacturing engineering , machine learning , macroeconomics , paleontology , biology , operating system
This article presents the results of the development of a universal multi-parameter algorithm, which consists in applying the research of the level of resistance to financial and economic risks, taking into account the stage of the life cycle of the production process and the level of production stability and technological risks. The relationship between the levels of risk tolerance of subjects from the stage of the life cycle of the production process is revealed and studied. An algorithm for taking preventive measures is proposed.