Institute Ekonomiky A Systemu Rizeni

Czech Republic

Institute Ekonomiky A Systemu Rizeni

Czech Republic
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Mikolas M.,Institute Hornickeho Inzenyrstvi A Bezpecnosti | Vanek M.,Institute Ekonomiky A Systemu Rizeni | Cerny I.,Institute Ekonomiky A Systemu Rizeni | Kucerova L.,R.Ø.S.A. | Zocek F.,Institute Hornickeho Inzenyrstvi A Bezpecnosti
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis | Year: 2011

Managers of mining companies use for decision-making on optimization of manufacturing processes advanced modelling methods and simulations on computers. The article proposes and analyses the model of a mining company production cycle consisting of a three-dimensional quarry model, technology model and economic-mathematical model. Based on the latter model an economic simulation model of a quarry has been created in the MS Excel program currently available on all personal computers, which measures outputs in the form of changes in total and unit costs according to the generic classification of costs in response to changes in inputs in the form of parameters of technology equipment and other operating parameters. Managers use the economic simulation model of quarry as decision support to increase profitability or improve competitiveness of their product from the sector of construction minerals.


Sousedikova R.,Institute ekonomiky a systemu rizeni | Bartak P.,R.Ø.S.A. | Sterba J.,Institute kombinovaneho studia Most | Novak K.,ArcelorMittal
Acta Montanistica Slovaca | Year: 2012

The subject of this paper is financial forecasting. The objective is to predict whether a company can continue in successful operation or is jeopardised by default. The paper takes into account an application of discriminate analysis concerning data files of 85 non-bankrupt, and 85 bankrupt firms in the Czech Republic, at which point mining companies are in minority, industrial enterprises predominate. 5-8 input variables in the form of ratios and indexes have been used for the analysis. The non-bankrupt vis-à-vis bankrupt classification accuracy is defined.


Pawliczek A.,Institute ekonomiky a systemu rizeni | Kozel R.,Institute ekonomiky a systemu rizeni | Vilamova S.,Institute ekonomiky a systemu rizeni | Janovska K.,Katedra ekonomika a managementu v metalurgii
Acta Montanistica Slovaca | Year: 2015

Proposed paper deals with the “in-situ” situation of strategic planning, innovation activities and consequent economic performance of Czech and Slovak industrial companies based on questionnaire research results. The relations between selected parameters were aimed and statistically tested on the sample of 254 industrial companies active in Czech and Slovak republic in years 2009-2011. Four hypotheses were evaluated, with the goal of enlightening mutual relations of strategy-innovations-performance behavioural characteristics of the studied companies. In findings, there is well apparent, that written detailed strategic document has mostly bigger companies (above 250 employees and gross annual turnover over 1 bill. CZK), who plan longer in advance (mostly 5 to 10 years or 3 to 5 years) than smaller companies that have more often concise written (a plan mostly from 1 to 3 years in advance) or not written strategic document (11 to 50 employees and gross annual turnover 11 to 100 mil. CZK). The (industrial) companies with written detailed strategic document are continually active in innovations and experienced strong positive progress in volume of production (over 30 %) and earnings - profit (over 30 %) in research period. The analyses have shown that medium-sized and big industrial companies experienced growth up to 30 % of gross annual turnover meanwhile the costs fall up to 30 % during the examined period 2009-2011. Change in volume of production in the course of the period 2009-2011, there is significant correlation to change in gross annual turnover and change in earnings (profit) in the course of the research period. These finding can be interpreted as empirical confirmation of the reasonability of thorough strategic planning with respect to dynamics and innovation necessity. Strategic and innovative industrial companies apparently passed through the period of slow growth without substantial problems, which most likely suffered above all micro enterprises. © 2015, Technical University of Kosice. All rights reserved.

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