Analysis of economic efficiency of introducing new equipment at open pits
DOI:
https://doi.org/10.15587/1729-4061.2015.51222Keywords:
economic efficiency, index, quality, productivity, mining industry, built-in drive, innovationAbstract
Following the main trends of the modern market and the leading methods for determining the effectiveness of introducing new equipment in the mining industry, the choice of the method and system of indicators to assess the economic efficiency of replacing existing granite processing equipment at Stryzhavka Quarry PJSC with new was substantiated.
The relevance of the research is caused by the need of efficiency process management of mining enterprises that sell their products in a market economy.
The estimated technical and economic indicators that characterize the efficiency of replacing existing granite processing equipment at Stryzhavka Quarry PJSC with new equipment in the technological complex, developed on the basis of the built-in drive, demonstrate the feasibility of replacement, which lies in increased processing volumes of granite mass, reduced capital and operating costs, decreased cost of 1 ton of manufactured products, increased net income, gross profit, profitability index and reduced payback period.
The results of calculation of economic efficiency indicators are the basis for management decision-making on replacing existing foreign equipment by domestic with improved technical and economic parameters.
References
- Boyarko, I. M., Gritsenko, L. L. (2011). Investment analysis: a tutorial. Center of educational literature, 400.
- Grineva, V. M., Koyuda, V. A., Lepeyko, T., Kouda, O. P. (2012). Investments. Kyiv: Znanya, 458.
- Duka, A. P. (2012). Theory and practice of investment activity. Investing, 432.
- Maiorova, T. V. (2014). Investment activity. Center of educational literature. 472.
- Haiko, G. I., Beletsky, V. S. (2013). The history of mining: a Tutorial. Alchevsk: Publishing house "Kyiv-Mohyla Academy" publishing "LADO" DonSTU, 542.
- Bielecki, V. S. (2004). Small mountain encyclopedia. In 3 vols. Donetsk: Donbass.
- Gavin, W. T., Kydland, F. E., Pakko, M. R. (2007). Monetary policy, taxes, and the business cycle. Journal of Monetary Economics, 54 (6), 1587–1611.
- Mossakowski, Y. V. (2004). Economic evaluation of investment in the mining industry. Moscow: Izdatelstvo MGU, 323.
- Mossakowski, Y. V., Bogdanova, S. M., Lozovskaya, Y. (2002). Evaluation of economic efficiency of introduction of new technology nor mining enterprises. Third edition. Moscow: Izdatelstvo MGU, 150.
- Mossakowski, Y. V. (2004). Mining Economics. Moscow: Izdatelstvo MGUб 525.
- Monterisi, A. (2009). Regional innovation strategies: the Apulian experience and the role of ARTI, 18. Available at: http://www.arti.puglia.it/fileadmin/user_files/download/OD_Puglia_7oct09_ilo.pdf
- Atkinson, R. D., Ezell, S. J. (2012). Innovation economics: the race for global advantage, Yale University Press, New Haven and London, 262.
- Sachs, J., Warner, A. (2007). Fundamental Sources of Long Run Growth. The American Economic Review, Mar., 184–188.
- Polishchuk, K. L., Koval, A. A. (2015). Patent of Ukraine No. 97816 on cor. mod. CR. B62G 23/00 bul. No. 7 10.04.2015.
- Polishchuk, L. K., Kozubivski, R. P. (2012). Choice of a rational scheme for the conveyor drive by criterion assessment. Technical Sciences, 149–154.
- Polishchuk, L. K., Adler, О. О., Koval, A. A. (2015). Competitive advantages of built-in drives of conveyors, lifting and transporting machines. Twelfth international Symposium of Ukrainian mechanical engineers in Lviv, 186–187.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2015 Оксана Олександрівна Адлер, Леонід Клавдійович Поліщук
This work is licensed under a Creative Commons Attribution 4.0 International License.
The consolidation and conditions for the transfer of copyright (identification of authorship) is carried out in the License Agreement. In particular, the authors reserve the right to the authorship of their manuscript and transfer the first publication of this work to the journal under the terms of the Creative Commons CC BY license. At the same time, they have the right to conclude on their own additional agreements concerning the non-exclusive distribution of the work in the form in which it was published by this journal, but provided that the link to the first publication of the article in this journal is preserved.
A license agreement is a document in which the author warrants that he/she owns all copyright for the work (manuscript, article, etc.).
The authors, signing the License Agreement with TECHNOLOGY CENTER PC, have all rights to the further use of their work, provided that they link to our edition in which the work was published.
According to the terms of the License Agreement, the Publisher TECHNOLOGY CENTER PC does not take away your copyrights and receives permission from the authors to use and dissemination of the publication through the world's scientific resources (own electronic resources, scientometric databases, repositories, libraries, etc.).
In the absence of a signed License Agreement or in the absence of this agreement of identifiers allowing to identify the identity of the author, the editors have no right to work with the manuscript.
It is important to remember that there is another type of agreement between authors and publishers – when copyright is transferred from the authors to the publisher. In this case, the authors lose ownership of their work and may not use it in any way.