Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

Design of a new budget optimization model in the automotive industry (Case study of Iran automobile after-sales service company (isaco))

Document Type : Original Article

Authors
Javad Einabadi 1
Milad Zamani Monfared 2
1 Assistant Professor, Finance and Accounting Department, Iranian Electronic Higher Education Institute, Tehran, Iran.
2 Master's degree student in Finance - Financial Risk Engineering, Iranian Electronic Higher Education Institute, Tehran, Iran.
Abstract
This paper investigates the design of innovative budget optimization models in the automotive industry, with a focus on after-sales service companies. Given the increasing competition and the need to enhance efficiency and reduce costs, budget optimization has become a key factor in the success of these companies. This research examines various budget optimization models using advanced data analysis techniques and optimization algorithms.
A case study of one automotive after-sales service company analyzes the impact of these models on financial performance and service quality. The results show that the implementation of optimization models can lead to cost reduction, increased efficiency, and improved operational processes. This paper also addresses the challenges and opportunities of implementing these models in the automotive industry and provides solutions for continuous improvement.
Ultimately, the findings of this research can help managers and decision-makers in the automotive industry adopt more effective strategies for
Keywords
Resource management
Budget optimization
Automotive industry
Cost reduction
After-sales service

Subjects