Modelling of the Risk of Budget Variances of Cost Energy Consumption Using Probabilistic Quantification

Modelling of the Risk of Budget Variances of Cost Energy Consumption Using Probabilistic Quantification

Budgets in organisational units are considered to be traditional management support tools. On the other hand, budgetary control is the essence of control measures, allowing for the increase in the efficiency of an enterprise through appropriate allocation of resources. The methodology used in the an...

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Main Authors: Łukasz Kuźmiński, Zdzisław Kes, Veselin Draskovic, Andrzej Gawlik, Marcin Rabe, Katarzyna Widera, Agnieszka Łopatka, Maciej Śniegowski
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Energies
Subjects:
extreme value theory
budgetary control
methods of budget variance analysis
budget variances cost energy consumption
Online Access:https://www.mdpi.com/1996-1073/16/5/2477

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https://www.mdpi.com/1996-1073/16/5/2477

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