METHODS OF COSTS OPTIMIZATION Cover Image

METHODS OF COSTS OPTIMIZATION (METHODEN DER KOSTENOPTIMIERUNG)
METHODS OF COSTS OPTIMIZATION

Author(s): Camelia Alis Ungureanu, Sorina Ciplea, Maria Leontina Mureşan
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: management accounting; cost calculation; methods of cost optimization; objective function; problem optimization.

Summary/Abstract: To optimize means to find in a problem or in a decision situation the solution that, from a certain point of view, is the best of all possible solutions. The optimization leads to the determination and realization of a special status of a system, state that is the most favorable from a particular point of view. Mathematical, the optimization is defined by the minimizing or maximizing of function obedience to additional restrictions. Therefore, in order to study a problem of optimization is necessary that in the analyzed problem to exist several possible solutions, from which will be chosen the best one. It is necessary to define rigorous a point of view from which we propose a system optimization, point of view that must take the form of a size in order to measure the effectiveness of various possible solutions, and of the different sets of values given to the decision variables. The optimization is a particular case of perfecting or improving a system, expressly the maximum possible improvement. The optimization methods depend on the nature of the functions involved in the concrete formulated problem.

  • Issue Year: 19/2009
  • Issue No: 1
  • Page Range: 337-350
  • Page Count: 14
  • Language: German