UDC 330.138.15: 330.3: 330.5
© V.I.Kulik, I.V.Kulik, 2009
Economical comparison of two production-technological variants
Authors provide a profound analysis to the standard expression of expenses , which is used when one makes comparison of efficiency for various new technique varieties (or various variants of production). We treat the well-known concept “payback time of additional capital investments” in our own way. Mathematical functions among various economic concepts used in this case are proposed.
Keywords: capital cost, means of labor, raw and additional materials, payback time, live labor, product, cost price
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