Багатокритеріальна оптимізація структури джерел фінансування оборотних активів підприємств торгівлі

Abstract

Установлено критерії оптимізації джерел фінансування оборотних активів, визначено відповідні їм показники та їх критеріальні значення, обґрунтовано алгоритм проведення оптимізації джерел фінансування оборотних активів підприємств торгівлі графічним методом.

A topical issue for any company is the rational use of all available resources, including financial. In this context, structure optimization of sources of financing circulating assets is one of the most important and most difficult issues in the implementation of policy management of current assets. It is the final stage of policy formation of financing circulating assets and involves the use of various mathematical models, the solution of which, ultimately, allows selecting the best option for financing available to the enterprise. The purpose of this article is to highlight the results of development of a multicriteria method to optimize the structure of sources of financing circulating assets of trade enterprises. To achieve this goal the following problems were solved: the criteria set for the optimization of sources of financing circulating assets were defined corresponding to the criteria, indicators and benchmarks, as well as the algorithm of optimization of sources of financing circulating assets for the graphical method were determined. The proposed method of optimization of sources of financing circulating assets of the enterprises allows reasonably excluding existing options for implementation funding from a variety of sources, taking into account parameters important for an effective policy of financing circulating assets: the amount of funding, current liquidity, financial structure sources of funding, cost of funding sources. The proposed method of multi-criteria optimization of funding sources will contribute to more informed decision making concerning attraction of sources of financing.