Technological development of timber enterprises: equipment replacement mechanism

Abstract

The paper presents the results of a study of certain aspects of the technological development of timber enterprises. The main attention is paid to the equipment replacement mechanism at these enterprises. The solution is to determine the optimal policy for its replacement or preservation within the planning period. The dynamic programming apparatus can be one of the tools. The paper presents the main features of its use. An example of its approbation on the basis of one of the timber enterprises of the Krasnoyarsk Krai is also given. The results obtained testified in favor of its use in practice. At the moment, the enterprise that acted as the object of approbation is implementing the development into its management policy. It was revealed that, depending on the specifics and characteristics of the enterprise, the profit from the use of author’s developments can be from 10 to 25%. The hypothesis that the use of mathematical tools to determine the policy of forest industry enterprises in terms of equipment replacement can significantly increase their economic efficiency has been fully confirmed.