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Flexibility Analysis Of Inventory Cost Model With Ergonomics
166-173Views:150The economic and environmental sustainability issues in supply chain management have integrated by many researchers in the past decades. The ergonomics as a social aspect of sustainability had received a little attention by researchers. Therefore, the aim of the paper is analyzing the flexibility of developed inventory cost model with relaxation allowance and endurance time as a social aspect of sustainability. The effects of distance, unit weight of item and total number of items on relaxation allowance, the total cost of logistics operation and the EOQ model were investigated. The analyzed mathematical model was a single operator-single material model which covered transportation of fixed amount of raw materials from storage plant to production plant by manual material handling with simple cart and picking, storing, pushing and pushing back with empty cart for manual handling of the products. The different parameter values applied for analysis such as total amount of handled items (Q) changes between 500 pcs to 2750 pcs, unit weight of item (w) changes between 0.1 kg to 1 kg, distance of movement by manual material handling for picking and storing motions (d1) changes between 2 m to 3 m and the distance between the storing equipment and the supermarket of the production line for pushing motion (d2) changes between 15 m to 20 m. The results of the analysis indicated that the longer the distance of movement for all motions leads to decrease in savings of the model compared to EOQ model. The increase in unit weight of item is increase the savings obtained from application of our model and decrease the optimal lot size. There was no specific change on savings or optimal lot size as the total amount of handled item is increase. The compared results indicated that an increase in d1 and d2 lead to an increase in optimal lot size and increase in total cost of the model. Consequently, the analysis has shown that a decrease in lot size would be the better way to improve both ergonomic conditions and total cost of production in any different parameter values. Finally, the analysis of the inventory model with ergonomics were proved that this model is suitable for different industrial practices.
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Analysis of the Benefits of SAP S/4 HANA Cloud IT/Is Investment in the Case of PT XYZ
13-24Views:368PT XYZ is one of the largest telecommunication companies in Indonesia. In 2020, PT XYZ implemented a digital transformation to increase its excellence by investing in industry telecommunication and information systems (IT/IS) enterprise resource planning software called SAP (System Application and Processing) S/4 HANA Cloud. The study aims to analyze the benefits of these IT investments made in PT XYZ. The results are carried out using the Comparative Analysis of Financial Statements followed by Business Value and Financial Feasibility Analysis and the Cost Benefit Analysis (CBA) method between 2018 and 2021. It can be revealed that the SAP S/4 Hana Cloud investment benefits the company's operations, which are identified in the form of 5 sub-categories that fall into required categories based on Ranti's Generic IT/IS Business Value.
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Developing a Financial Sustainability Model of the Performance Indicators Applied by Jordan Water Company (Miyahuna)
75-87Views:260Jordan is now facing real challenges to satisfy the current population water needs due to limited resources. Moreover, unfortunately, as a result of the increased demand for water in developing countries, water resources become scarce, thus, the sustainable management of water resources is very important everywhere and especially in these areas. The Ministry of Water and Irrigation in Jordan is aiming to improve both its quality of service and financial sustainability, therefore, it started to apply the performance measurement system developed by the International Water Association (IWA) to monitor its performance towards achieving these goals. In this article, a model connecting a financial sustainability indicator (operating cost coverage ratio) with other performance indicators applied by the ministry is developed. To assess the performance indicators and to build the model secondary data are collected from the targeted company, the data are analyzed using SPSS and Excel computer programs. Non-revenue water (NRW), speed of repair of bursts, and training per employee are found to be the indicators that have a major impact on Miyahuna’s financial sustainability, the NRW is found to have a negative relationship with the financial sustainability, whereas the other two indicators have a positive relationship. As a conclusion, reducing the NRW and increasing both the speed of repair and training per employee are recommended, by applying some methods that continuously diagnose problems in the water systems and defining clear and strict policies to control the water theft. Furthermore, using Active Leakage Control (ALC) methods, providing the needed equipment, tools and resources, and adopting new methods for training.
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The Alternative Use of Straw
331-343Views:140The problem addressed in this work is to examine the feasibility of using straw in innovative and alternative ways, focusing on aspects of cost sensitivity in subject areas of building investment and energy compsumption. I analysed the energy efficient performance of a straw bale building and compared that with those of a conventional construction, a newly-constracted building and a passive house. In my study I assessed the figures of costs of emboided energy, primary energy consumption and carbon dioxide emission. I made calculations in terms of energy costs for a lifespan of 50 years. Considering that straw-bale construction uses an excellent and sustainable insulation material, its energy use is by 25.38% less than that of conventional construction.
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Future Power Plant Portfolio Analysis from the Point of View of Minimum Cost and Emission Optimization
61-77Views:52The article examines the expected composition of the power plant portfolio in Hungary by 2030. The indicators considered are the life-cycle unit costs (LCOE) and the life-cycle specific carbon dioxide emissions (LCA(CO2)) of the power plant types. The minimum of these two indicators, as objective functions, is determined by a linear programming method for the power plant portfolio. The results show that the LCOE minimum for the power plant portfolios in 2030 is worse in absolute terms and better in specific terms than in 2021. In both absolute and specific terms, the LCA(CO2) minimum is more favourable in 2021. These results are met under the thirty and twenty-five percent electricity import scenarios. With twenty percent imports, the absolute values are worse and the specific values are better for both indicators. On the other hand, the results of the calculations for 2030 fall short of the 2030 Agenda of the Institute for a Green Transition. This is due to the delay in commissioning a new nuclear power plant and the transformation of industry with increasing electricity demand. For the portfolios under review, a minimum of thirty percent of domestic generation from renewable sources is met. This contributes significantly to the European Union's ambition for the sector to be net greenhouse gas-free by 2050.
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Comperative Economic Analysis of the Determining Leagues of European Clubfootball
22-35Views:499Nowadays sport is not just all about entertainment, or about social cohesion but also it has serious economic and business aspects. Sporteconimics is an individual concept and sector. Sport businesses are contributing more and more to national incomes. Football business are specially important parts of this complex system called sporteconomics. The aim of my research is to create an economic and also comparative analysis of the five top European football leagues, also called as the “Big5” which are responsible for 74% of the total football revenue in Europe. By the analysis of the 2019 UEFA report it can be stated that in these leagues more than 60% of the competing clubs achieved positive operating profits, but the structure of their revenues warns them to look for opportunities to increase their operating revenues. According to the data it is clear that wage cost is the most significant cost element in the industry as they cover 53-68% of their total revenue. These statements set the course for the economic development of European football. The management of these outstanding football clubs may give example to the ones falling behind including Hungarian football businesses.
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Creativity and Innovation to Improve Processes in a Textile Industry
80-96Views:179In this scientific work, the My Creative Idea (MIC) program was created and developed in the Coteminas S.A. textile industry, distributed among the organization's units in the country with emphasis on the São Gonçalo do Amarante unit in the state of Rio Grande do Norte. The aim was to critically analyze the improvements of industrial-scale processes resulting from the creativity and innovation intrinsically incorporated and experienced daily in the program. Thus, the general objective of the work was to evaluate the improvements in the productive processes coming from an innovation program in a textile industry, considering as specific propositions with respect to calculating the gains with reduction of losses, cost of implementation of ideas and measure financial returns and evaluate employee satisfaction according to the program. Moreover, there was free access in the company to be able to collect valuable information that could formalize a robust database for later structuring of the document, as well as the application of action research in the form of questionnaires. Therefore, the results verified clarified and emphasized the program's aggregating character to the organization in a general way under aspects that approach the financial spheres, the quality, and the satisfaction and motivation of the employees involved in this whole scenario. I suggest continuing to work on a continuous improvement methodology to further enhance My Creative Idea over the years, as well as insert this method of work to units that have not incorporated this program into their business strategies.
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Optimization of Automotive Industry’s Manufacturing Process with Lean Tools
81-89Views:394Lean plays i mportant role in industrial environment. Automotive industries use lean tools in order to reduce cost and i mprove productivity. To achieve the company's objectives and so lve the detected problems I also used lean tools. By using lean tools we want to decrease total process cost (TPC). In order to achieve this target, the three-shift production has to reduce in two-shift production, which result decrease in the human resource costs and production costs. In order to reduce shifts we have to increase overall equipment efficiency (OEE) and eliminate minimum 50% of wastes by implementing 5s methodology, using Poka-yoke and scheduled maintenance.
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Efficiency Analysis of Production Management System
401-415Views:218Due to the continuously evolving technology, even more escalating market competition has emerged between the companies. This competition is not only about the logistics related processes, it also appears to be significant for the production since the manufacturing companies form the center of global sale streams and without them the items found in logistical processes cannot be created. The role of production’s optimization and efficiency in the supply chain continuously grows since this is the part where a company’s most cost is produced. Our research objective was the examination of a company that applies various manufacturing, assembly technologies, and the used tools and softwares for this purpose were the SAP Business One ERP system and it’s add-on, called PPS One, the latter originated in Switzerland. We used these softwares to provide solutions to companies, especially to those that are dealing with manufacturing and production, for the optimization of their workflows, operations, supervising and controlling of their material. We also monitored from production technology’s elements the capacity planning, production orders, schedules, production tracking and cost accounting. We have made proposals during the analysis that might improve the company's strategy, competitiveness and increase it’s efficiency in business, and at the same time they can facilitate the company's pricing and inventory management activities.
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Direct Optimization of an Automotive Sheet Metal Part Using ANSYS
134-142Views:443Optimization of automotive parts nowadays is mainly used to design lightweight and cost-effective vehicle parts in order to improve the cost and efficiency. In this research, a sheet metal part was taken into consideration and optimized using direct optimization module in ANSYS to evaluate the process. An initial Finite Element Analysis (FEA) was done on the sheet metal part by adding forces and constraints in order to initiate direct optimization. The purpose of the optimization is to minimize the mass of the sheet metal part and maintaining a certain Factor of Safety (FOS) by automatically modifying the sheet thickness and the dimension of the side holes. As a result, the best candidate point with 23% mass reduction was found which complied with FOS value was selected for optimal geometry.
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Numerical Model Analysis of Natural Gas Combustion Burners
67-71Views:159Traditional power plants still the dominating power source for all the major industries and powerdemanding facilities, the most crucial facility for the whole plant operations is the industrial boiler which generatessteam, heating energy or electrical power. Boilers generate energy by combustion. The improvement of combustion efficiency could greatly influence the energy consumption and will make the boiler more efficient and cleaner (less emissions), that’s why it is important to understand the combustion and thermal flow behaviours inside the boiler. Beside experimental testing, computational work nowadays becoming more and more important due to lower cost and acceptable accuracy with minimum error. With numerical calculations method, the computational model created by a Computational Fluid Dynamics (CFD) software could reduce a lot of trial and error on experimental work. In this paper utilizing the ANSYS FLUENT 19.1 software to make crate the combustion model. The ratio of air to fuel mixture, the equivalency factor, mass flow rate of the mixture, velocity, mass fractions of the mixture components (fuel and air) and their temperatures will serve as the input parameter while the exhaust gase component mass fraction, temperature, mass flow and velocity will be monitored.
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Model Calculations on the Use of Mobile and Stationary Units for Wood Pellet Production
1-8Views:334This paper presents the model calculations made for supporting the decision making of different technology alternatives. Base cases were A) use of a mobile pelletizer and B) using pellet factories at fixed locations for the production of a new product, sheep wool pellets. Calculations were made for three alternatives for each base case. The results of the model were used to examine the energy, time and cost criteria of the alternatives. Based on the given preliminaries, results of the model calculations supported the recommendation to choose case B) for further technology management and supply chain management decisions.
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Applicability of Optimization Methods in the Design of Automotive Rubber Products
358-363Views:154Size, shape or topology optimization are widely used to fulfil the requirements in the design process of rubber products. In many cases, the shape of the product is very complex and comes into contact with other components during operation. It is commonly subjected to large deformation for which the rubber shows strongly nonlinear behaviour. For this complex problem analytical solution is not available, thus finite element method could be used in which the analysis running is a time consuming process. The object of my research is to compare the efficiency and computational cost of different optimization algorithms. This article focuses on the applicability of various optimization methods in the field of automotive rubber goods. Direct search optimization and surrogate model optimization methods will be introduced.
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Geotechnical Risks and its Influence on Investment in the Case of Vacant Locus
298-312Views:109At a building on vacant locus a significant amount of geotechnical risk can be arisen. In the case of arise of risks the technical content of the investment is amended, the time requirement as well as the cost of the investment is increasing. In the paper a review on the geotechnical risks, on their effects, as well as on the management of risks is given.
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The Role of Small-Scale Household Power Plants in the Electricity Supply by the Hungarian Settlements
355-372Views:135The utilization of renewable energy sources spread with stormy speed on the world therefore more and more municipalities propose that they satisfy their energy demand from renewable sources. The fossil fuels represent a significant proportion in Hungarian energy balance and the majority of these is import energy. The proportion of renewable energy sources must be increased to decrease the energy dependence and the energy cost of municipalities, to increase the energy security and to consider the aspects of environment.The interest of Hungary is to increase the proportion of renewable energy sources in energy supply. In order to this, the government created the small-scale household power plant (SSHPP) category in the Electricity law. This power plants should be not greater than 50 kW's performance. In this category, electricity can be produced from renewable and fossil sources. Since the government introduced the small, household size power plant category the installed capacity was grown quickly in the last seven years. The general capacity was 0.51 MW altogether at the end of year 2008 but it has already approached 129 MW’s at the end of year 2015. The general capacity was increased by the multiple of the previous year every year between 2008 and 2015 and there will be more a dynamic capacity expansion. Data about the capacity and the produced electricity can be displayed on municipality level, too. The purpose of the investigations is to determine: how can the built capacity of the small, household size power plant category participates in the electricity supply of the Hungarian settlements? So how many percentages of electricity demand can be gratified by this electricity power on the settlements? Based on this a ranking can be made among municipalities which shows the level of sufficiency in production of renewable energy and give a possibility for the power shift. Finally, to what extent can be built upon this power plant category in order to that Hungary can comply its objective value.
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Solutions of Warehouse Technology in Connection with Management Decisions
1-10Views:158The aim of the study is to analyse the effect of management decisions on space utilization of warehouses through two companies’ example. The only way to make good decisions is to take into consideration the possible effects of changes. One of the tire manufacturing companies managed to improve space utilization, caused not only time but cost reduction. On the contrary, a bad decision of a household chemical factory induced enormous problems in the material flow.
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Survey of the Application Fields and Modeling Methods of Automotive Vehicle Dynamics Models
196-209Views:219In this paper, a review is presented on automotive vehicle dynamics modeling. Applied vehicle dynamics models from various application fields are analyzed and classified in the first section. Vehicle dynamics models may be simplified because of different reasons: several control/estimation/analysis methods are suitable only for simplified models (e.g. using control-oriented models), or because of the computational cost. Detailed/truth models of vehicle dynamics represent another field of vehicle dynamics modeling, these models play an important role in the virtual prototyping of vehicles. In the second section, the main modeling considerations of vehicle dynamics are presented in longitudinal, lateral and vertical directions. Various physical effects must be considered in the case of vehicle dynamics modeling, a lot of these effects are significant only in a specific direction of the vehicle body, which is the main potential of model simplification. The section presents vehicle modeling considerations in all of the three translational directions of the vehicle body.
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Transaction Costs: A Conceptual Framework
131-139Views:962Transaction Costs (TC) is a very important topic, especially in a changing work environment which has a large number of operational firms, and increasing business growth. The aim of this paper is to shed light on the transaction costs concept, and provide a conceptual framework to understand the meaning of transaction costs. Publications including articles and research papers have explained the notion of transaction costs and the theoretical issues related to them. The literature review reveals that, transaction costs are costs which arise because of the of a company‘s activities in the market , including (fees, commission, taxes) which are paid by the firm to provide a service or produce a good either to external parties or as internal costs. Therefore, according to the literature review. It emerges that firms must make a comparison between internal and external transaction costs and choose the lowest cost which enables them to increase profits. This means companies have to reduce transaction costs to the minimum level to achieve more profits and competitive advantage.
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Constantly Changing: Revitalization of Our Existing Building Stock with a User-centric Approach Through the Comparison of Three Hungarian Examples
94-110Views:558Our built environment’s community-oriented spaces are rapidly becoming obsolete in response to current social, cultural and economic demands. The renovation project of the tímárház Szárító műhely in Debrecen presents a new potentional transformation model in the region with a focus on community-creating and cultural awareness. The incremental, cost-effective small-scale intervention and adaptive reuse of the building’s spaces provide an opportunity to preserve its values and swiftly respond to evolving needs. In order to validate the underlying principles of the interventions proposed in the plan, it will be compared to two similar-minded examples, the Művészeti Ellátó in Eger and Szabadkikötő in Pécs. The projects were examined through the processes occuring within their respective life cycles, as their transformations exhibit recurring patterns. The analyses were conducted based on interviews with the creators, online articles, studies and on-site visits.
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Improving the Work Breakdown Structure of the Plant Installation - Case: Asphalt Plant
174-187Views:378The improvement of the project management forced the industrial organizations to focus on using the project management techniques in their industry, to plan and control the workflow to achieve their targets, further to increase the satisfaction of their customers. One of the most common project management tools are used is the work breakdown structure (WBS), which provide a framework for the implementation of the project scope including project planning, scheduling, monitoring, control, and estimation. Depending on the top-down approach the project activities will be broken into smaller parts that can be measured and controlled during the project implementation. The well-defined construction of the structure contributes to making the project more realistic and visual. However, the misunderstanding of the project WBS among the project team creates deflection and misinterpretation of the project scope. The main issue of this research is to improve the WBS of the installation plan and develop a standard WBS for plant installation. The research was limited to Asphalt plant installation WBS as a case study to identify the weaknesses of the current WBS at the case company which leads to extra installation time and cost. The research is offering a template WBS based on the company logic, defining the frequent risks that affect the plant installation based on the WBS and suggesting a suitable response strategy by recommending a control framework to monitor and control the WBS schedule throughout all installation phases.
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Survey of the Dynamic Modeling Methods of Light Vehicles
723-727Views:234Vehicle dynamics models can be classified into two groups based on the model simplification. There are simplified models based on neglections, these models do not contain all body directions: longitudinal, lateral and vertical directions. There are several reasons for the simplification: control, estimation and analysis methods can be used only with simplified models, or another reason is the computational cost. Apart from simplified models, there are detailed/truth vehicle dynamics models which aim is to provide a virtual plant of the real vehicle for virtual prototype-based development. In this paper, some simplified vehicle models are presented, after a short introduction.
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Efficient removal of salts from the residual dross of aluminium melting
259-269Views:147A residual dross of high quantity and high salt content arises from the hot (thermo-mechanical) treatment of the primary dross generated by the production of aluminium alloys from scrap. It contains a relatively low concentration of metal (5 – 10 %) but a high amount (30 - %) of chloride salts and some other components beside the oxide matrix. Due to the components dissolved in or reacted with water, this industrial residue - arising in thousands of tons also in Hungary – qualifies as hazardous and causes a real burden to the environment. According to the laboratory experiments aimed at an economical technology, the chlorides are dissolved within a few minutes when a liquid/solid ratio of 1:1 cm3/g (water volume:sample mass) is assured with an intensity of the horizontal shaking to prevent sedimentation. However, the filling ratio of the vessel also appears to have an effect. An implementation of relatively low cost would allow the recycling of the salt and the application of the final residue for alternative purposes.
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Business Process Development with the Application of Simulation Technique
109-118Views:169The object of our work to increase production efficiency with the use of cost-efficient development tools at a Hungarian small enterprise. We apply data gathering techniques besides process modelling and diagnostic methods to reduce the total process time of the assembly process so as to induce cost reduction in the production. In this respect we investigate and rank root causes of wastes by cost-effective process development tools, like timebased FMEA (failure mode and effects analysis) as well as the 5 whys method. With the use of Monte-Carlo simulation companies can evaluate the change in the process, therefore, they can decide whether they want to carry out corrective measures or not. The accomplished changes can generate increasing competitive edge in the long run.
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Justification for the Olympic Reform Package Based on Good Practice
Views:262The Olympic Games have always been the pinnacle of sport and achievement. The modern Olympics are held every four years, and the venue is chosen from among the cities that apply. In my research, I wanted to find out the reasons for the decline in the popularity of the Games. To answer this question, I looked at 2 successful Olympics (2000 Sydney, 2012 London) in the hope of identifying success factors that could be adapted to other host countries. I conducted secondary research, reviewed related international and national research, and the available economic data. During the document analysis, I found that the expected costs of organising the Olympic have increased significantly over the last two to three decades, and under-planning is a common feature. As a result of the research, I have found that the most important pillars of successful organisation are a proper organising committee, comprehensive opportunity and risk analysis, accurate planning, sustainability in planning, continuous cost control, private sector support, and the work of volunteers.
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Analysis of Activity Times in the Process of a Wooden Box Manufacturing
475-484Views:140The main target of companies is to earn money and achieve profit. In order to fulfil these needs, companies have to reduce their costs. Cost reduction is often associated with bad quality products, but it could be done in a different way. Sometimes it is enough to examine only their own processes and then benefit from the process optimization, process improvement or process scheduling. In this article a case study is presented, in which the differences in a production scheduling are evaluated with the application of Monte-Carlo simulation and descriptive statistics. At the end of the paper the most efficient material sequence is selected at the manufacturing company by using weighted sum model
