Methodological Problems in Determining the Economic Effectiveness of Production Mechanization and Automation

Abstract

>p>The June Plenum of the Central Committee of the CPSU, which mapped out a comprehensive program for attaining the targets of the Seven-Year Plan and for accelerating technical progress in industry and building construction, laid special stress on the task of enhancing the effectiveness of new equipment and improving the economic foundations for the designing and introduction of this equipment.>/p>>p>The Plenum of the Central Committee of the CPSU pointed out that in elaborating and introducing new technological processes, machines, mechanisms, and building designs it is essential to proceed, first and foremost, from the following factors: they should meet the requirements for the most rational and economically efficient utilization of social labor, material and monetary resources; ensure increased output, higher quality and lower production costs, increased labor productivity; lighten and improve working conditions; conform to safety engineering rules; accelerate and cheapen building construction; and reduce the periods of recoupment of capital investments as compared with the best achievements in Soviet and foreign science and engineering.>/p>