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Title of the item:

Investigation of Economic Dimension of the Complex Product Production Cycle.

Title:
Investigation of Economic Dimension of the Complex Product Production Cycle.
Authors:
Jovanovic, Jelena R.
Đukic, Radisav D.
Saric, Branko V.
Subject Terms:
CURRENT assets
ASSETS (Accounting)
BUSINESS cycles
NUMERICAL calculations
VARIABLE costs
Source:
Conference Proceedings International Scientific & Professional Conference Contemporary Issues in Economy & Technology, CIET; 2020, p638-645, 8p
Conference
The achievement of Business and Production System (BPS) is largely dependent on production adjustment to the conditions of demand and application of innovative solutions in the sphere of technology, organization and management. To make the price competitive, the costs of business operations should be reduced, the observed losses should be eliminated or reduced to acceptable levels and resources should be engaged accordingly by using corresponding management methods. The production cycle is the duration of business and manufacturing activities which are required to be conducted in the entire process, with the minimum flow of time, maximum use of production capacities, and optimal engagement of financial resources. The paper presents the calculation of the optimal production series and the current assets of a complex product included in the production program of "Sloboda" - Cacak Co. [ABSTRACT FROM AUTHOR]
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