ECONOMIC-MATHEMATICAL METHODS DEFINING INSURANCE STOCKS OF CONSTRUCTION MATERIALS


Noskov S.V.

The paper illustrates the ABC-analysis of construction materials according to their share of the material costs in construction companies. The author suggests economic-mathematical model for predicting stocks of other construction materials and its confidence interval as safety stock. The article analyzes mathematical and statistical methods, calculates safety stock of basic construction materials taking into account the law of distribution volumes of their deliveries. Keywords: insurance stocks, construction materials, economic-mathematical methods, ABC analysis, forecasting, valuation, distribution laws.

Sergey V. Noskov, Doctor of Economics, Professor, Samara State University of Economics.


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