Features of Determining Economic Effect from Use of Progressive Technologies in Foundry Production

The economic effect of the introduction of progressive technologies into production is one of the most important indicators for assessing innovation activities of enterprises. Each type of production has its own characteristics, which are manifested not only in the organization of the technological process, but also the calculations associated with determining the economic indicators of feasibility of new technologies implementation. It is obvious that foundry production, and especially special casting technologies, such as, for example, the use of thermite foundry applications of high temperature gradient to save the alloy poured into the mold leave an imprint on the algorithm for determining the economic effect. First of all, this is due not only to the establishment of direct costs in making changes to the standard process, namely the cost of metal-thermal mixture, changing the mold, ferroalloys, the use of light-separating casting plates, but also the possibility of reusing foundry, foundry, sump, riser, etc. elements for remelting. The purpose of the proposed work was to establish the features of the calculation of the economic effect of the introduction advanced technologies in production, such as technologies associated with the reduction of foundry applications. Statistical methods have been used to conduct research and process the results, namely the method of quantitative analysis, methods of comparison and grouping, which revealed that the research problem is typical for industrial production. In addition, the comparison of economic indicators with the actual quantitative characteristics of industrial technology by the method of comprehensive assessment, made it possible to analyze the results and draw conclusions to the work. The main results of the work have been determined by the proposed method of establishing the economic effect, which, in contrast to the existing one, takes into account renewable resources and the possibility of obtaining an environmental effect. This makes it possible to reasonably and rationally use renewable resources derived from industrial waste, to promote environmental protection. The results of the work that also determine its practical significance are research and identification of ways to improve the efficiency of natural resources in the country. Areas of further research are primarily related to the identification and evaluation of technical and economic indicators of related technologies for foundry production, namely the production of ferroalloys, molding, non-ferrous metallurgy, etc. In the long run, this will make it possible to establish the conditions for the most effective use of innovative technologies and obtain the maximum economic effect from their implementation.