The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility

The article presents the optimization model of the allocation of daily working time fund per person with the use of the theory of marginal utility. The use of the suggested approach helps to define the optimal daily working hours as well as to solve the inverse problem of fixing the appropriate stan...

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Veröffentlicht in:Економічний вісник Донбасу
Datum:2014
Hauptverfasser: Shevchenko, V.V., Inyakin, V.M.
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Veröffentlicht: Інститут економіки промисловості НАН України 2014
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Zitieren:The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility / V.V. Shevchenko, V.M. Inyakin // Економічний вісник Донбасу. — 2014. — № 4(38). — С. 159-165. — Бібліогр.: 19 назв. — англ.

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author Shevchenko, V.V.
Inyakin, V.M.
author_facet Shevchenko, V.V.
Inyakin, V.M.
citation_txt The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility / V.V. Shevchenko, V.M. Inyakin // Економічний вісник Донбасу. — 2014. — № 4(38). — С. 159-165. — Бібліогр.: 19 назв. — англ.
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container_title Економічний вісник Донбасу
description The article presents the optimization model of the allocation of daily working time fund per person with the use of the theory of marginal utility. The use of the suggested approach helps to define the optimal daily working hours as well as to solve the inverse problem of fixing the appropriate standard wages as a an incentive to daily productive labour. The suggested approach would be effective for the workplaces assessment at the enterprise to reveal the workforce potential. В статті розроблено оптимізаційну модель розподілу добового фонду часу окремого індивіда звикористанням теорії граничної корисності. Використання запропонованого підходу дозволяє не тільки знаходити оптимальну тривалість робочого часу працівника, але і вирішувати протилежне завдання - встановлювати необхідний рівень оплати праці працівника з метою стимулювання його до інтенсивної праці протягом робочої доби. Запропонований підхід доцільно використовувати в процесі атестації робочих місць на підприємстві з метою виявлення можливих резервів підвищення ефективності використання трудових ресурсів. В статье разработана оптимизационная модель распределения суточного фонда времени отдельного индивида с использованием теории предельной полезности. Использование предложенного подхода позволяет не только определять оптимальную продолжительность рабочего дня работника, но и решать обратную задачу - устанавливать необходимый уровень оплаты труда работника с целью стимулирования его к интенсивному производительному труду в течение рабочего дня. Предложенный подход было бы целесообразно использовать в процессе аттестации рабочих мест на предприятии с целью выявления возможных резервов повышения эффективности использования трудовых ресурсов.
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fulltext V. V. Shevchenko, V. M. Inyakin 159 Економічний вісник Донбасу № 4(38), 2014 UDC 330.4+303.09 V. V. Shevchenko, Donetsk National Technical University, V. M. Inyakin, Institute of industrial economics NASUkraine, Kyiv THE OPTIMIZATION MODEL OF WORKING TIME FUND ALLOCATION IN THE THEORY OF MARGINAL UTILITY Today Ukrainian economy is in the state of severe crisis. The hopes of the 1990s for the thriving market economy failed. The attempts to put the state economy on market platform, to privatize state-owned enterpris- es, to liberalize prices were all vain. Different political forces have always tried to promote their successful economic policy when proclaiming rapid growth of state economy in their time. But the long-run compara- tive study leads to deplorable results. Comparative sampling statistics on selective economic sectors over the period of 1970-2010 [1,2] bear witness to the eco- nomic hardship of Ukrainian (see Table 1). Table 1 Selective commodity production output in Ukraine over the period of 1970-2010 Commodity list Unit of measurement Years 1970 1980 1990 2000 2010 Electrical power generation billion kWh 137,6 236,0 298,5 171,4 188,8 Iron ore and concentrates out- put million tons 111,0 125,0 105,0 55,9 78,5 Flour production thousand tons 7526 7485 7671 3076 2632 Iron production million tons 41,4 46,5 44,9 25,7 27,4 Steel production million tons 46,2 49,9 48,5 25,8 17,5 Agricultural sector tractors production thousand units 148 136 106 4,0 5,2 The data analysis in Table 1 shows that the eco- nomic collapse in Ukraine in the late 1990s had disas- trous consequences. Those losses have not been cov- ered yet. Despite the positive dynamic of the produc- tion output in Ukraine over the past ten years, Ukraini- an economy has not reached the level of maturity of 1970-80s yet. The given situation provokes scientists- economists into analyzing the causes of the economic emergency state along with the ways to overcome this crisis. The following causes are given: major blunders in home and foreign policies (including economic poli- cy) made by the government and the head of the state, the lack of investment, economic and political instabil- ity, ineffective legislative and regulatory framework etc. The given conclusion has reasonable grounds. The results of the analysis are to logically lead to the search of realistic well-grounded ways out of the situation. In this regard the scientists and politicians are not unani- mous as for the solution. One of the causes of unsatisfactory economic state is due to the ignorance about low workforce productiv- ity and the absence of the relative incentive mecha- nism. In spite of the extensive scientific research into this problem, the comprehensive management of la- bour concept has not been developed to perfectly fit into Ukrainian market environment. The existing for- eign experience does not demonstrate the single ap- proach to solve the problem albeit the developed coun- tries achieved much more results in tackling the ques- tions of well-grounded standards of wages and social security. This statement is supported by the data of Table 2. The countries under analysis were chosen according to the compatibility of the number of their population (except for the Russian Federation). The low remuneration of labour rate in Ukraine to a great extent comes from the low level of workforce produc- tivity and the high level of energy and material con- sumption in the industries. Despite the above said selective analysis of the relative figures in Ukraine and developed countries (Table 3) shows that developed countries outperform Ukraine by remuneration of labour rate. V. V. Shevchenko, V. M. Inyakin 160 Економічний вісник Донбасу № 4(38), 2014 Table 2 Comparative figures in Ukraine and developed countries over 2010 Countries Population, million people Unemployment rate % GDP per person, US dollar Salary, US dollar Ukraine 45,7 8,1 6055 282,2 The United Kingdom 62,2 7,8 32459 3930,41 Spain 46,1 20,1 26967 3059,61 Italy 60,5 8,4 27081 3200,21 Canada 34,1 8,0 35445 3590,4 Poland 38,2 9,6 17342 1069,9 France 64,9 9,7 29598 4001,21 The Russian Federation 141,8 7,5 14166 698,5 1 – according to 2009 [2]. Table 3 Relative GDP figures and salaries in different countries in 2010 Countries Relative excess GDP per person Relative excess of salary of an employee Ukraine 1,00 1,00 The United Kingdom 5,36 13,93 Spain 4,45 10,8 Italy 4,47 11,34 Canada 5,85 12,72 Poland 2,86 3,79 France 4,89 14,18 The Russian Federation 2,34 2,47 Table 3 makes it clear that the excess of employ- ee’s salary significantly outruns the figure of the excess of GDP per person in the majority of the developed countries. In the United Kingdom the GDP rate per person is 5,36 times more than in Ukraine and as far as the salary rate concerns, the excess comes to 13,93. Poland and the Russian Federation have the smallest differences as the post-soviet states undergo similar problems and tendencies when establishing market economy. To a large extent the given problem has the nature of “vicious circle”: the low remuneration of labour rate leads to the low workforce productivity and vice versa the low workforce productivity gives no chance to salary growth. Consequently the problem of effective incentive for the staff productivity under the market-based circumstances is critical for Ukrainian economy. The author suggests solving that problem by means of the theory of marginal utility. The theory of marginal utility appeared at the end of the 19th century. This theory contradicted the fun- damental principles of the the labour theory of value by K. Marx. Scientific research conducted in this direction was characterized by soviet ideologists as “apologetic”, “bourgeois”, “vulgar” and “pseudoscientific”. That attitude undergoes sustainable change, and the works by Carl Menger, Eugen von Böhm Bawerk, Friedrich von Wieser, Joseph Schumpeter, Antuan Auguste Walras, Alfred Marshall and other scientists become the benchmarks for the research of our scientists- economists. In Ukraine the methodological issues of the theory of marginal utility have been lately in focus of S.V.Glivenko [3], I.D.Pogorelovska [4], N.N.Ivanov [5], I.V.Golovataya [6, 7], Y.V Petrovskaya [8], A.M. Zaytseva [9], M.I. Kernitskaya [10], M.M.Artus [11,12], M.F.Goncharenko [13], I.V.Pinchuk [14] and others. Still the potential of the theory of marginal utility is not currently used in full swing. First of all it concerns practical issues. There is no doubt that the theory of marginal utili- ty is not a perfect instrument and has some obvious disadvantages to work on. The theory of marginal utility has yet to tackle the questions that have been previously ignored by Marxist economics. These are the following questions: 1. Classic barter trade on the market platform is voluntary-driven partnership model. If according to the labour theory of value only the commodity of equal value can be the subject to barter, then we ask: “Why does this barter take place?”. Karl Marx deviated from that question himself, believing that “The use values of the commodity make the subject to special discipline – commodity science” [15]. The given statement makes the process of use value assessment on market platform almost useless. Having assessed all the labour results, V. V. Shevchenko, V. M. Inyakin 161 Економічний вісник Донбасу № 4(38), 2014 it is possible to define the “real” (or socially necessary) value of commodity, but we cannot answer the ques- tion if the customer going to buy this commodity. On condition of waiting for the “market recognition” of the commodity the assessment of labour value of the commodity loses its significance. At the same time the theory of marginal utility makes it possible to achieve so called “demand curves”. 2. The statement of barter trade on equal value ba- sis does not explain the mechanism of setting monopo- ly price from the economic perspective. Despite the fact that the theory of pricing under monopoly is stud- ied by economics in detail, one of the questions is still on the table: “Why do some consumers refuse to buy commodity at monopoly price and why is this price acceptable to the others?” Only the theory of marginal utility has the answer to this question. 3. Labour theory of value presupposes that during the employment the capitalist acquires the commodity of special type – workforce. At the same time the ques- tion of the intensive use of this commodity (the ques- tion of intensive labour) is completely ignored. Reject- ing all the contrary points of view in the theory, Marx- ist economics was yet bound to acknowledge the im- portance of incentive mechanisms. The assumption that wages are the price of labour but not of the workforce has been interpreted as sacrilege. At the same time the theory of marginal utility has sufficient theoretical basis to prove the relation between the salary rate and the rate of workforce productivity. The classic economics has not had the unanimous approach in tackling the contradictory question of ef- fective staff motivation. There is no single defined and shaped opinion on this issue in classic economic study as well as among the modern scientists. We can single out several streams in the works of prominent authors: 1. Adam Smith (1723-1790) focuses on the differ- ences between piece wages and time wages in his work «An inquiry into the nature and causes of the wealth of nations» (1776) in chapter 8 of the Book 1, dedicated to the questions of wages and salaries, he describes the situations, when profitable piece wages stimulate workmen so that they exhaust themselves with work and “are very apt to overwork themselves, and to ruin their health and constitution in a few years.” [16, P.75]. That insight brought Smith to the conclusion that time wages are more preferable as the workman gets fixed wages for previously determined task. That Smith’s assumption may yet be regarded as contradictory from the point of view of work overloads liquidation. 2. Frederick Winslow Taylor (1856 –1915) was one of the first management consultants and pioneers of scientific management. In his work “The Principles of Scientific Management”, Taylor cast the new light on the contrary tendency, which he called “soldiering” [17, P.226-236]. That was common practice that took place when the workmen were “deliberately working slowly so as to avoid doing a full day's work” [17, С.227]. It is quite transparent in his work that Taylor highly doubts the effective monitoring of the manage- ment in order to liquidate the “loafing or soldiering” tendency. Taylor gives the illustrative answer of some master when monitoring the site “Well, I can keep them from sitting down, but the devil can't make them get a move on while they are at work!”[17, P.231]. This way Taylor admitted that without motivation workers would always slow down the productive ca- pacity of work. 3. Max Weber (1864-1920) in his work “The Protestant Ethic and the Spirit of Capitalism” (1905) shows the differences in the attitudes of separate work- ers: either to be extremely devoted to their craft and earn a lot or to earn enough to satisfy their traditionally established needs [18, P.80-81]. In Weber’s opinion the attitude of the workman to labour is dictated by inner ethical, cultural and religious factors: the Protestants, being under their religious beliefs, meet the needs of capitalistic society. That is why Protestant descendants are more successful in business. Statistical data supports Weber’s view and gives his position reasonable ground. At the same time Tom Bethel pro- vides numerous facts that disapprove the priority of institute of religion. Bethel gives the institute of prop- erty the primary position under the conditions of mar- ket economy and he is very persuasive stating that under the equal conditions enterprise and organization, established on the basis of collective property, are less effective than private enterprises [19, P.51-65]. The defined problems were given careful study both by foreign and “home” scientists. Significant results were achieved when tackling the problems that occurred under different conditions. One of the results of the research on this platform was the assumption of the absence of a universal method. It means that the solvation of particular problems and the generation of the relevant practical recommendations can be realized on the scientific basis but have its individual nature. The basic tasks of the present article are the fol- lowing: - the analysis and the grounds of the possibility and rationale to apply the theory of marginal utility in order to give the reason to wise allocation of the re- sources (time in particular) for achieving maximum utility; - the analysis of the optimization of the working day time in the context of the theory of marginal utili- ty; - the development of the model to apply the theo- ry of marginal utility when performing the tasks to optimize time allocation; - the approbation of the developed model under real conditions. The basic idea of the research given in the article can be formulated the following way. The process of V. V. Shevchenko, V. M. Inyakin 162 Економічний вісник Донбасу № 4(38), 2014 the employment can be overlooked as a certain act of the resources (commodity) exchange and each of them has particular value for a person: a person exchanges a piece of his spare time (which has its value) for some material reward (which also has its value). Standing on the ground of the theory of marginal utility it is possi- ble to state that the given exchange is possible till the total utility of spare time exceeds the utility of total money reward. It means that one can define the optimal allocation of total daily time fund of a person where the total utility of the labour reward and the useful time left will be maximal. The author makes the following assumptions dur- ing the research: 1. It is admitted in the classic the theory of mar- ginal utility that the marginal utility lessens with yet another item of benefit. Despite that the statement is not correct enough. For the majority of the material benefits the marginal utility of the benefit initially grows and then goes down. That is why it is more rea- sonable to apply the quadratic but not the linear de- pendence for the mathematical description of the total utility of the benefit. The application of the quadratic dependence explains the fact that the unlimited use of the benefits provokes the total result of this use (utility) to fall rather than grow (benefit excesses do harm). The application of the linear dependence makes the mathe- matical tools of the analyzed models less complicated. In that case one should previously agree on the admis- sible determination domain i.e. the interval of argu- ment range where utility function can be regarded as linear dependence. 2. When the process of the exchange of spare time for the labour reward is considered, it is important to keep it in mind that to ensure the minimal level of physiological survival man needs some minimum of primary benefits. He needs time to sleep and money to meet immediate life demands (food, accommodation). In this regard when conducting the research it is neces- sary to exclude this time from the model for the sake of its accuracy. The given assumption leads to the critical conclusion that the utility of one and the same benefit cannot be overlooked on the whole scale of its use. 3.When considering the “value” of working time it is indispensable to take into account the intensifica- tion of a working process that in its turn leads to the change of workforce productivity. The labour theory of value focuses on two types of labour: simple and complicated. Certain amount of complicated labour can be treated as equal by its value to certain bigger amount of simple labour. The cost of an hour of a complicated labour grew on account of training and preparation etc. The experi- ence admits the influence of different types of motiva- tion when one and the same person performs his task more or less actively. We should bear in mind the fact that the modern economy has different industrial pro- cesses that can be divided into two groups according to this quality: 1) the processes that accept the intensification of industrial process; 2) the processes that do not accept the intensifica- tion of workforce labour exploitation. 4. The given article focuses exclusively on the sit- uation of hired labour. This restriction makes it possi- ble for the research to cut any other institutes ( proper- ty, cooperation, corporate management etc), that can affect basic factors, influencing the value of the re- sources under analysis: option of extra benefit, option to invest some amount of money the employee earned, the intensification of the labour. 5. Quadratic form of the dependence of marginal utility is satisfactory only for such types of benefits that can be regarded as primary (or vital). At the same time some types of the secondary benefits that have social nature cannot be described with the help of quadratic equations. The utility of such types of bene- fits is constantly on the increase and at the same time the speed of utility is constantly on the decrease. The present article focuses on the optimization of the daily time fund allocation of one person for the following sectors: sleep, rest (spare time), and the work aiming at labour reward. The modeling of the utility function of the benefits under analysis was presented by the following functions: 1. Sleep utility function: Us = 25·х – 1,56·х2 (1) 2. Rest utility function: Ur = 12,5·х – 0,39·х2 (2) 3. Wages utility function: Uw= хТе −+1 100 (3) х – time, that a person spends to receive certain type of benefit; t – active time when an employee earns minimum living wages. Dependences (1)-(3) are presented below on Fig. 1. Graph 1 illustrates the dependence that has partic- ular qualities: 1. Sleep utility function and rest utility function are presented in the form of quadratic dependences. For such benefit like sleep, maximum of the benefit utility (100%) is reached at t=8h and maximum of rest benefit utility is reached at t=16h. There is no doubt that the given figures for separate people can change, but the model gives average figures. 2. Wages utility function is presented by sigmoid (logistic curve) and t value was taken equal from 1 to 16 hours in other words the workforce productivity level can vary in significant range. V. V. Shevchenko, V. M. Inyakin 163 Економічний вісник Донбасу № 4(38), 2014 Fig 1. Dependences of the utility level of different types of benefits The above given model is the result of optimiza- tion calculations performed in Excel spreadsheets. Here we solve the task of the maximization of the total integrated utility for a person at common daily time fund restriction of 24 hours. Table 4 and Fig. 2 illus- trate the results of the calculations. The following conclusions can be drawn on the basis of Table 4 and Fig. 2: − at the maximum utility level equal to 300, the achieved utility will be less, that is explained by the 24-hour restriction of daily time fund; − the optimal working time of one employee al- ways exceed the active time that covers minimum standard of living; − the optimal sleep time along with the optimal spare time grow progressively as the workforce productivity grows; − in case of low workforce productivity optimal sleep time and optimal rest time are reallocated in fa- vour of sleep (this conclusion does not contradict the reality as it is). The research covered in the article resulted in the following conclusions: 1. The research given in the article is grounded on the statistical average data. Actual value of the recom- mendations will be much higher, if the analogous re- search is conducted for different categories of employ- ees with the identified wages rate. Analogous approach can be also applied to the environments of the selected sectors and enterprises. Table 4 The variants of optimal daily working time fund allocation in relation to the workforce productivity level The active time that covers min- imum standard of living, hour The optimal sleep time, hour The optimal rest time, hour The optimal work- ing time, hour The total inte- grated utility 1 7,1 12,4 4,5 290 2 6,9 11,7 5,4 288 3 6,8 11,1 6,1 284 4 6,6 10,4 7,0 280 5 6,4 9,7 7,9 275 6 6,2 9,0 8,8 270 7 6,1 8,3 9,6 264 8 5,9 7,5 10,6 258 9 5,7 6,8 11,5 251 10 5,5 6,1 12,4 244 11 5,3 5,4 13,3 236 12 5,2 4,6 14,2 227 13 5,0 3,9 15,1 218 14 4,8 3,1 16,1 208 15 4,6 2,4 17,0 198 16 4,4 1,7 17,9 187 0 20 40 60 80 100 120 0 5 10 15 20 25 30 35 t, hours U ti li ty l ev el , % Sleep utility Rest utility Wages utility V. V. Shevchenko, V. M. Inyakin 164 Економічний вісник Донбасу № 4(38), 2014 Fig. 2. Optimal daily working time fund allocation 2. Standard of living figure significantly influ- ences the figures in the model. Two critical points should be considered when using it in the model: - the accurate calculations for this figure in terms of the specific environment; - the compulsory use of the minimum wages value figure in the model (basically, the wages must exceed the minimum standard of living). 3. The subject of the further scientific research in this direction is about the study of complex influence of both wages rate and minimum standard of living rate (or rather minimal wages rate) on optimal daily work- ing hours of an employee. On the ground of the conclusions the authors reached they outlines the following suggestions and recommendations along with the further research trends: 1. The problem of the optimal working time fund allocation is quite challenging and its successful solva- tion needs the real environment of a particular enter- prise. 2. The application of the developed model in the particular enterprise environment presupposes the real minimum wage rate identification for particular envi- ronment: region, sector, enterprise, occupation etc. 3. The use of the suggested approach helps to de- fine the optimal daily working hours as well as to solve the inverse problem of fixing the appropriate standard wages as a an incentive to daily productive labour. At the same time in the environment of a particular enter- prise managers get the chance to efficiently tap into workforce potential in several ways: - changing the working practices of the staff and the daily working hours (under the existing legisla- tion); - changing the existing remuneration practices; - optimizing the wage amount. 4. Advantageous line in further development of the given model is in its expansion on account of the introduction of the extra factor – the aptitude of an employee (economically active person) for saving and investment. 5. 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Исследование о причроде и причинах багатства народов / Смит А.; пер. с англ. – М.: Издательство соціально- экономической литературы, 1962. – 677 с. 17. Управление – это наука и искусство: А.Файоль, Г.Эмерсон, Ф.Тейлор, Г. Форд / [сост. Г.Л.Подвойский]. – М.: Республика, 1992. – 351 с. 18. Вебер М. Избранные произведения / Вебер М.; пер. с нем.; сост., общ. ред. и послесл. Ю.Н.Давыдова; предисл. П.П.Гайденко. – М.: Про- гресс, 1990. – 808 с. 19. Бетелл Т. Собственность и процветание / Бетелл Т. ; пер. с англ. Б.Пинскера. – М.: ИРИСЭН, 2008. – 480 с. Шевченко В. В., Інякін В. М. Оптимізаційна модель розподілу фонду часу працівника в теорії граничної корисності В статті розроблено оптимізаційну модель ро- зподілу добового фонду часу окремого індивіда з використанням теорії граничної корисності. Вико- ристання запропонованого підходу дозволяє не тільки знаходити оптимальну тривалість робочого часу працівника, але і вирішувати протилежне за- вдання – встановлювати необхідний рівень оплати праці працівника з метою стимулювання його до інтенсивної праці протягом робочої доби. Запропо- нований підхід доцільно використовувати в процесі атестації робочих місць на підприємстві з метою виявлення можливих резервів підвищення ефекти- вності використання трудових ресурсів. Ключові слова: гранична корисність, модель, оптимізація, фонд часу, продуктивність праці. Шевченко В. В., Инякин В. Н. Оптимизаци- онная модель распределения фонда времени работника в теории предельной полезности В статье разработана оптимизационная модель распределения суточного фонда времени отдельно- го индивида с использованием теории предельной полезности. Использование предложенного подхо- да позволяет не только определять оптимальную продолжительность рабочего дня работника, но и решать обратную задачу – устанавливать необхо- димый уровень оплаты труда работника с целью стимулирования его к интенсивному производи- тельному труду в течение рабочего дня. Предло- женный подход было бы целесообразно использо- вать в процессе аттестации рабочих мест на пред- приятии с целью выявления возможных резервов повышения эффективности использования трудо- вых ресурсов. Ключевые слова: предельная полезность, мо- дель, оптимизация, фонд времени, производитель- ность труда. Shevchenko V. V., Inyakin V. M. The Optimi- zation Model of Working Time Fund Allocation in the Theory of Marginal Utility The article presents the optimization model of the allocation of daily working time fund per person with the use of the theory of marginal utility. The use of the suggested approach helps to define the optimal daily working hours as well as to solve the inverse problem of fixing the appropriate standard wages as a an incen- tive to daily productive labour. The suggested approach would be effective for the workplaces assessment at the enterprise to reveal the workforce potential. Keywords: marginal utility, the model, optimiza- tion, time fund, workforce productivity. Received by the editors: 10.11.2014 and final form 23.12.2014
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institution Digital Library of Periodicals of National Academy of Sciences of Ukraine
issn 1817-3772
language English
last_indexed 2025-12-07T18:11:41Z
publishDate 2014
publisher Інститут економіки промисловості НАН України
record_format dspace
spelling Shevchenko, V.V.
Inyakin, V.M.
2015-10-22T09:23:37Z
2015-10-22T09:23:37Z
2014
The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility / V.V. Shevchenko, V.M. Inyakin // Економічний вісник Донбасу. — 2014. — № 4(38). — С. 159-165. — Бібліогр.: 19 назв. — англ.
1817-3772
https://nasplib.isofts.kiev.ua/handle/123456789/87625
330.4+303.09
The article presents the optimization model of the allocation of daily working time fund per person with the use of the theory of marginal utility. The use of the suggested approach helps to define the optimal daily working hours as well as to solve the inverse problem of fixing the appropriate standard wages as a an incentive to daily productive labour. The suggested approach would be effective for the workplaces assessment at the enterprise to reveal the workforce potential.
В статті розроблено оптимізаційну модель розподілу добового фонду часу окремого індивіда звикористанням теорії граничної корисності. Використання запропонованого підходу дозволяє не тільки знаходити оптимальну тривалість робочого часу працівника, але і вирішувати протилежне завдання - встановлювати необхідний рівень оплати праці працівника з метою стимулювання його до інтенсивної праці протягом робочої доби. Запропонований підхід доцільно використовувати в процесі атестації робочих місць на підприємстві з метою виявлення можливих резервів підвищення ефективності використання трудових ресурсів.
В статье разработана оптимизационная модель распределения суточного фонда времени отдельного индивида с использованием теории предельной полезности. Использование предложенного подхода позволяет не только определять оптимальную продолжительность рабочего дня работника, но и решать обратную задачу - устанавливать необходимый уровень оплаты труда работника с целью стимулирования его к интенсивному производительному труду в течение рабочего дня. Предложенный подход было бы целесообразно использовать в процессе аттестации рабочих мест на предприятии с целью выявления возможных резервов повышения эффективности использования трудовых ресурсов.
en
Інститут економіки промисловості НАН України
Економічний вісник Донбасу
Management of Labour and Safety
The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility
Оптимізаційна модель розподілу фонду часу працівника в теорії граничної корисності
Оптимизационная модель распределения фонда времени работника в теории предельной полезности
Article
published earlier
spellingShingle The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility
Shevchenko, V.V.
Inyakin, V.M.
Management of Labour and Safety
title The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility
title_alt Оптимізаційна модель розподілу фонду часу працівника в теорії граничної корисності
Оптимизационная модель распределения фонда времени работника в теории предельной полезности
title_full The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility
title_fullStr The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility
title_full_unstemmed The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility
title_short The Optimization Model of Working Time Fund Allocation in the Theory of Marginal Utility
title_sort optimization model of working time fund allocation in the theory of marginal utility
topic Management of Labour and Safety
topic_facet Management of Labour and Safety
url https://nasplib.isofts.kiev.ua/handle/123456789/87625
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