2003•Journal of Kunming University of Science and TechnologyRequires access

Technical Economic Analysis on Forge Processing

Fang Zhang

Abstract

Taking the actual processing of the steel factory in Sichuan province as an example, the economic profits of the production are analyzed. The linear programming method determines the rational combination of different varieties, and twice index smoothing method helps to predict the sales volume for the five years in the future . Finally the best method in the technical reform is determined by means of net profit value rate and net profit value, which illustrates the point that technical economic analysis is the scientific way in forging process and reform.

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Key concepts: Profit (economics), Net present value, Economic analysis, Smoothing, Net profit, Production (economics), Value (mathematics), Factory (object-oriented programming)