Methodology for assessing economic indicators of economic activity based on ABC analysis

Rano A. Dadabaeva - PhD in Economics, Associate Professor of the Dept. of Digital Economy and IT. Tashkent State University of Economics

Aleksey V. Golubin - College Lecturer, Engineer of the Department of Automation of Management of Information Systems and Service of the Department of Information Technologies. Ural State University of Economics

Abstract

The article considers the ABC-analysis method as an effective way of product classification, which allows to identify a priority group of goods by quantitative indicators. This method is implemented in many paid software products, however, small and medium-sized businesses in most cases cannot afford to purchase them, and therefore the article proposes a methodology for using freely distributed software to perform analysis. In this paper, the ABC analysis method is implemented in the Rstudio environment for statistical calculations and graphics in the R language, with the help of which the visualization of the ABC analysis method is presented by quantitative and qualitative indicators of belonging to a certain group.

Keywords: classification method; data analysis; digitalization of the economy; ABC-analysis; economic and mathematical method.

For citation: Dadabaeva R. A., Golubin A. V. Methodology for assessing economic indicators of economic activity based on ABC analysis. Digital models and solutions. 2022. Vol. 1, no. 3. DOI: 10.29141/2782-4934-2022-1-3-6. EDN: RKYJJO.

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