Evaluation of reserve economic development of production potential of the enterprise of the hotel and restaurant industry in Dnipropetrovsk region
Authors: Оlena I. Judina  
Published: December 2021

The purpose of the research. The purpose of this work is economic and mathematical modeling of features of interaction of production resources at the hotel and restaurant business and assessment of reserve development of their potential on the basis of coefficients that reveal the possibility of increasing the economic efficiency of the resource consumption process. Methodology. The methodology of the research is based on fundamental principles of enterprise economics, econometrics, mathematical statistics, as well as publications of domestic and foreign scientists on the problems of economic development of enterprises. To analyze and evaluate the reserve economic development of the productive potential of the hotel and restaurant business based on the coefficients and indicators of economic development of factors of production used general scientific and special research methods, including grouping, statistical, stochastic, correlation-regression analysis, methods of economic and mathematical modeling, mathematical statistics. Tabular technique was used to clearly present the results of the study. Results. In the work by means of economic and mathematical modeling, models of multiple regression of production activity, variable costs and production efficiency are constructed. On the basis of the mathematical equations obtained, the regularities of the mutual influence of factors of production are explained, the estimated coefficients and indicators of the reserve economic development of the production potential of the hotel and restaurant enterprise are determined. With the help of the calculated estimation parameters, the power of indirect and direct action of a particular factor on the efficiency of the business entity's performance, the contribution of the factor to the cumulative influence of all factors, the possibility of revenue growth due to the development of resource potentials have been established. By interpreting certain estimated coefficients, a mathematical formula is proposed to calculate the indicators of a reserve economic development of an enterprise, which allow establishing reserves of growth of a productive indicator due to the development of a certain resource, taking into account the share of its contribution to the integrated effect of factors. On the basis of the models of multiple regression of production activity of the enterprises of the hotel and restaurant industry the regularity of mutual influence of the studied economic indicators is established, the coefficients and indicators of economic growth and reserve development are calculated, as well as their quantitative parameters by which the differentiated and integrated influence of the elements of the investigated elements is determined, an assessment of the reserve economic development of production potential. Practical meaning. The proposed methods of analysis and evaluation of indicators were used in the formation of the organizational structure of the system of management of economic growth and development of the enterprise. The prospects for further research are to create a model for managing the sustainable economic development of hotel and restaurant businesses.