Practical aspects of determining the efficiency of electrical products development
Journal Title: Вісник Національного технічного університету "ХПІ". Серія: Проблеми удосконалювання електричних машин і апаратів. Теорія і практика - Year 2016, Vol 32, Issue 1204
Abstract
The article deals with the practical assessment of the economic efficiency development of electrical products. Currently existing theoreti-cal techniques are complicated in practical use. Proposed by scientists methods have been studied and describes their shortcomings. On the basis of practical significance were selected indicators of economic benefit from the manufacturer, the economic effect of the con-sumer and the present indicators of economic efficiency. Estimation of economic efficiency of product development can be carried out using traditional indicators: the present value of "cash flow"; net present value; payback period; the rate of return (profitability). The article details the method for calculating these indicators. These evaluation methods do not require too high craftsmanship. It is an integral part of their positive aspect. Most of the calculations of a preliminary assessment of prospects for the production can be made in terms of economic benefit the producer and the consumer. More detailed calculations in terms of discounted cash flows is performed, if neces-sary, to attract investment funds and justification of the business plan the release of new products. To date, the proposed methods can easily be utilized of the enterprise managements, because they do not require special training on the economic specialty.
Authors and Affiliations
V. V. Aleksandrov
Keywords
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