Improvement of the enterprise’s production program as a way to adapt to market changes

User Rating:  / 0
PoorBest 

Authors:


O.Yankovyi*1, orcid.org/0000-0003-2413-855X, Odesa National Economic University, Odesa, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

E.Kuznietsov2, orcid.org/0000-0001-7569-7533, Odesa I. I. Mechnikov National University, Odesa, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

R.Hrinchenko1, orcid.org/0000-0002-3366-6154, Odesa National Economic University, Odesa, Ukraine, е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

O.Gura3, orcid.org/0000-0002-8526-8844, Odesa Professional College of Trade and Economic, Odesa, Ukraine, е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

O.Orlenko, orcid.org/0000-0002-8814-4476, Odesa National Economic University, Odesa, Ukraine, е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

* Corresponding author e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


повний текст / full article



Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2023, (5): 171 - 177

https://doi.org/10.33271/nvngu/2023-5/171



Abstract:



Purpose.
Proving the possibility of improving the procedure to adapt the enterprise to market trends based on the self adjustment of its production program using the solutions of direct and dual linear programming problems with the help of the Microsoft Excel package “Search for solutions” add-on.


Methodology.
The methodological basis of the study is the provisions of modern economic theory, the fundamental works by foreign and domestic scientists on the formation of management systems and the peculiarities of enterprises’ adaptation to changes. The methodological apparatus of economic and mathematical modeling, operations research, in particular, the theory of duality of linear programming problems is widely used.


Findings.
The enterprise’s adaptation to changes in the external and internal environment with the help of the proposed iterative procedure of unused reserves redistribution between scarce resources made it possible to increase the products’ sale by reducing the manufacturing of one type of products and increasing the output of another one under the conditions of a stable range of products manufacturing at the enterprise.


Originality.
The article substantiates the procedure of the enterprise adaptation to changes in internal and external environments on the basis of self adjustment of its production program using the solutions of direct and dual problems of linear programming.


Practical value.
The article features the applied aspects to self adjust the enterprise production program, aimed to increase the efficiency of economic activity by means of step-by-step improvement of the optimal production plan (works, services).



Keywords:
adaptation, self adjustment, optimal plan, scarce and non-scarce resources

References:


1. Hrinchenko, R. V. (2019). Implementation of adaptation to changes as a company’s management element. European journal of economics and management, 5(4), 93-97. https://doi.org/10.46340/EUJEM.

2. Siketina, N. H. (2020). The theoretical basis of formation of the industrial enterprise adaptation system to the changes in the competitive environment. Skhidna Yevropa: ekonomika, biznes ta upravlinnya, 2(25), 287-291. https://doi.org/10.32782/easterneurope.25-42.

3. McCauley, G. (2022). Business Adaptation Is Necessary for Growth. Retrieved from https://www.fieldengineer.com/blogs/business-adaptation-for-growth.

4. Simpson, s. d. (2019). 5 of the Most Adaptive Companies. Retrieved from https://www.investopedia.com/financial-edge/0311/5-of-the-most-adaptive-companies.aspx.

5. Anderson, A. (2019). Adapting to the Constant Changes in Market Trends. Retrieved from https://www.americanexpress.com/en-us/business/trends-and-insights/articles/adapting-to-the-constant-changes-in-market-trends/.

6. Kalinichenko, Z. (2020). Problems of adaptive management of business systems in the conditions of influence of destabilizing factors in Ukraine. Naukovyi Visnyk Dnipropetrovskoho Derzhavnoho Universytetu Vnutrishnikh Sprav, (3), 222-231. https://doi.org/10.31733/2078-3566-2020-3-222-231.

7. Kryvobok, K. V. (2018). Substantiation of the modern approach to the adaptation of the enterprise to the unstable external environment. Mukachivskyi Derzhavnyi Universytet, (14). Retrieved from https://economyandsociety.in.ua/journals/14_ukr/57.pdf.

8. King, L. (2020). 3 ways businesses can quickly adapt to change. Retrieved from https://blogs.oracle.com/futurestate/post/3-ways-businesses-can-quickly-adapt-to-change.

9. Herasymova, O. L., Podolyanu, M. V., & Chachkova, A. V. (2017). The enterprise adaptation to the environmental changes as a way of the economic security supporting. Infrastruktura rynku, (6), 141-146. Retrieved from http://www.market-infr.od.ua/journals/2017/6_2017_ukr/30.pdf.

10. Yankovyi, O. (2022). Application of duality theory in post-optimization analysis of results solutions to linear programming problems. Enterprise economics: modern problems of theory and practice: Materials of the 11th International science and practice conference, (pp. 309-310). September 9-10, 2022. Odesa: ONEU. Retrieved from

http://dspace.oneu.edu.ua/jspui/handle/123456789/16321.

11. Chernova, Ld. S., Tytov, S. D., Chernov, S. K., Kolesnikova, K. V., Chernova, Lb. S., & Hohuns’kyy, V. D. (2019). Development of a formal algorithm for the formulation of a dual linear optimization problem. Eastern-European Journal of Enterprise Technologies, 4(4(100), 28-36. https://doi.org/10.15587/1729-4061.2019.175105.

 

Visitors

6169376
Today
This Month
All days
656
35441
6169376

Guest Book

If you have questions, comments or suggestions, you can write them in our "Guest Book"

Registration data

ISSN (print) 2071-2227,
ISSN (online) 2223-2362.
Journal was registered by Ministry of Justice of Ukraine.
Registration number КВ No.17742-6592PR dated April 27, 2011.

Contacts

D.Yavornytskyi ave.,19, pavilion 3, room 24-а, Dnipro, 49005
Tel.: +38 (056) 746 32 79.
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
You are here: Home Archive by issue 2023 Content №5 2023 Improvement of the enterprise’s production program as a way to adapt to market changes