Efficiency Estimation of Anti-Crisis Desisions in the Management of Up–to-Date Raw Enterprises

Abstract

Abstract. The article deals with modern ways of anti-crisis management at the raw enterprises taking into account different aspects of ecological problems, extensive production and exhaustion of resources, economic crises and globalization. The authors have described fundamental stages of assessment of economic efficiency of anti-crisis projects and proposed a common mechanism and mathematical model of assessment of anti-crisis solutions efficiency in the management of the iron ore company. The mechanism involves optimum reserves delineation for the best economic benefits. The authors have substantiated economic efficiency of partial extraction of unconditioned iron ore as a profitable way of anti-crisis management in modern conditions of economy development.

Global Partnership for Local Sustainable Development: Modern Trends and Best Practices

“…where ІЕ is the index of economic efficiency of the off-balance reserves development (as secondary mineral resources), the proportion of units; Q m1 , Q m2 is the volume of marketable ore, produced from balance reserves and off-balance reserves correspondingly, t; С 1 , С 2 is the cost of mining and processing balance reserves and off-balance reserves correspondingly, USD (Maksimova I.I.& Maksimov I.I., 2017).…”