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The Efficiency of Intellectual Capital as a Crucial Factor of Innovation
419-428Views:250In today's global economy, there is a substantial shift from manufacturing to services, which challenges both economic policymakers, business stakeholders, owners, suppliers, competitors, and ordinary people: restructuring will encourage all economic players to learn how to adapt to new trends. That is why our research focuses on innovation and the ability of companies to create value. The IT sector is currently one of the fastest-growing and most innovative sectors within the service industry. The success of IT companies is greatly determined by their ability, how to make effective use of their intangible assets at their disposal, including intellectual capital, which is defined as a non-financial asset. So the question may arise: how is it possible to quantify and in monetary terms the intellectual capital of the companies to be examined? That is why, we calculated for the most successful Hungarian IT companies the widely recognized index, the VAICTM index, for which domestic calculations are not yet available. Indeed, this indicator eliminates the lack of information stemming from reporting standards by the methodology relying on publicly available financial reporting data. The indicator itself is a top indicator whose two main sub-indicators quantify the effectiveness of intellectual capital and physical capital.
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Design of Manufacturing Process of Mould for Die Casting by EDM Technology with the Computer Aided
57-63Views:196At present, we cannot imagine a modern production process without computer support. At the same time, its integral part is the implementation of advanced and highly sophisticated production processes and technologies. Their aim is first and foremost to ensure quality production of products with high economic efficiency of the production process. EDM technology is one of the currently active progressive technologies. This is a technology that in practice is characterized by high product quality. The high quality of products not only through this progressive technology, but also other, whether conventional or progressive, is difficult to achieve without computer support. The aim of the paper is therefore to demonstrate the process of manufacturing a die-casting mould using progressive EDM technology using computer support.
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Grants Rating Due to Operative Public Procurement Law and by Applicable Regulations
129-138Views:140The aim of new Public Procurement law is to ensure the efficiency of appropriation public money. On new legal regulation public procurement procedures become significantly faster and transparency and competition is increasing. The law entered into force on the first of November in 2015, but has been modified several times since then. A year ago, the National Parliament adopted the law on State Program Evaluation cover. The legislation aims to make the European Union resources for projects in an objective, transparent and independent from the interests of the operators assessment system.
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Impact of Physical Properties of Workpiece Material on Material Removal Rate at EDM
230-237Views:125The volume stock removal from the workpiece during the EDM is one of the important parameters that characterize the productivity of the electro-erosion process itself. Therefore, in terms of the economic efficiency of the electro-erosion process, it is appropriate that the value of the MRR parameter is as high as possible. The paper describes the results of experimental research to identify the extent of influence of the physical properties of the workpiece material on the workpiece material removal rate at EDM. The experiments were carried out using an Aggregron Hyperspark 3 electro-erosion machine on selected tool steels. As a tool electrode material for experimental purposes, graphite with the designation EX-60 was chosen because of its practical advantages.
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Developing of Capacity Analysis Method
1-19Views:324Capacity planning is strategic significance in companies’ life. The strategic of capacity enlarging in fluencies the competitiveness of companies. There are several method for determination of long-term capacity from simple ones to expensive, high calculation requiring processes. We have to rearrange the production for the increasing demand, it is not so simple because it needs some investments. We must scrutinize that is it worth for us? The aim of this study is to investigate whether capacity enlarging is going to be realizable without investments only the eliminate of waste. In this method needs exact determine of the current capacity so we use modified, extended capacity model. In this model we consider the availability, quality and efficiency of the machine more over we observe the effect of the service program of the machine.
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The Relationship Between Renewable Energy Consumption, Net Energy Import, Greenhouse Gas Emission and Human Cap
58-71Views:161The measures to improve energy efficiency and increase of renewable energy production and consumption should be encouraged in the interest of sustainable development. Many factors can influence the use of renewable energy such as the level of economic development of an economy, nationals’ and the main economic actors’ environmental awareness, energy import dependency, ratio of the urban population, and government subsidization intensity among the others. The main purpose of this study is to examine the relationship between the share of renewable energy in the total energy consumption and net energy import as a percentage of energy use less production, greenhouse gas emission per capita and human capital using by OECD countries data from 1990 to 2014. The results indicate that there is a negative relationship between net energy import and renewable energy consumption, and also negative relationship can be shown between the amount of greenhouse gas emission per capita and renewable energy consumption. However, we identified a positive relationship between human capital and renewable energy consumption for energy importer countries above a certain level of human capital.
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Analysis of the Policy Background of Transport Related Use of Renewable Energy
124-129Views:100The EU energy policy prioritizes the following principles: sustainability, competitiveness and security of supply and addresses the reduction of greenhouse gas emissions as a priority. The related EU policy (including the White Paper on Transport) outlines these principles, identifies goals and opportunities for action. At company level methodological guidelines and standard procedures can be used to assess the carbon footprint of the organization, to generate efficiency goals and to prepare action plans. In the Hungarian policy framework, a comprehensive National Sustainable Development Framework Strategy defines the basic principles for the analysis of the sectorspecific or regional strategies. Sustainable Energy Action and Climate Plans (SECAPs) integrate energy and climate issues and include interventions and improvements for the better use of renewable energy sources in transport at municipal level. As a summary it can be stated that exploration of the policy background would needed to influence the use of renewable energy sources for transport and definition of the development goals can help economic organizations to transform their mobility patterns and reduce related carbon footprint.
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Product Assembly Process Improvement of Agricultural Cultivator Trailers
59-62Views:83The aim of our paper is to increase production efficiency of a small and medium sized enterprise by
applying cost-effective process development tools. The existence of the firms depends on their business processes,
because optimally-organised process is a key in the run of business (business run) in a productive way. In order to
keep and grow the competitive edge with the competitions, firms must supervise their processes with constant
frequency, and if it is needed, procedures must be developed. In this case, company can resort to both human and
physical resources. Our experiment focused on the development of an assembly process at a small sized enterprise.
Applying process modelling techniques, and diagnostic procedures, and also data gathering methods we try to get to
define corrective actions, with which the whole lead time can be reduced by 50%. For investigate and rank waste we
use failure mode and effects analysis and 5 whys methods. -
The Manageable Development is a Lean Basis for a Small Organization
188-203Views:175The lean approach is based on the buyer, while eliminating losses, in addition to value creation and efficiency gains, it determines the direction of developments in the process. To successfully build and maintain lean, engagement and development is indispensable, but it is not as simple as changing past behaviors and attitudes. The company also realized that changes were needed, as the increased number of employees in the company, and the increase in production and the profits associated with it, made it clear that organizational development is needed. The organization development was started by SWOT analysis, and along with Ishikawa's assay, I discovered whether LEAN was necessary for the company. With Gemba, I took a look at the problems and then categorized them to designate development points.
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Material flows and stocks of a service company from Debrecen
313-321Views:234Over the past 25 years, many renowned scientists from a number of research institutes have developed a new research method, a new family of methodologies which is the MFA (Material Flow Analysis). The importance of MFA is given by the extent of excited material flows created by mankind. The basis of MFA's growing success is a radically new, interdisciplinary vision that requires collaboration between the natural and social sciences (ecology, thermodynamics, and economics), not only as an effective tool for examining material efficiency of production and environmental pressures, as well as the security of supply of the strategic material requirements of the system under investigation. In our article, we conduct an enterprise level analysis of the input and output side material flows and materials of a service company in Debrecen for 2018 using the MFA method. MFA indicators capture environmental pressures in a natural dimension, that is, in terms of mass, energy, or land, respectively, in terms of kilograms or tons, of the company's raw materials and their changes, or material inputs.
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Corporate Performance Measurement in the E-Commerce
80-91Views:387Performance of the domestic online commerce showed a dynamic increase in recent years and, based on the expected forecasts, this trend will be realized in the future as well. In Hungary, the number of electronic commerce undertakings is estimated to be within a range of between 5 000 and 6 000 pieces and this number is steadily increasing. Today, the opportunities offered by the internet play an increasingly significant role in every segment of the economy. In the increasing market competition, it is no longer sufficient to serve the local population. Driver of the internet commerce is a marketing activity therefore the performance measurement is a priority. The excellent result and success essentially and principally depend on the performance, in addition to luck. Performance is understood as the measurable results or, in the broad sense, the successful efforts which are made to achieve the organizational objectives. The performance measurement is a measurement process of the efficiency and economy of an activity. Its aim is to support the decisions and actions related to the operation of the undertaking. The performance measurement is not only a decision support tool but also an element influencing every level of the decision-making system; it has an effect on the actions of stakeholders. Its danger and importance are simultaneously the fact that its improper operation (application of incorrect yardstick) can result in a functioning contrary to the corporate objectives. My aim is to survey the corporate performance measurement practice, to assess the connection between the financial and operational performance as well as to analyse the connection between the performance measurement practice and the performance achieved.
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Neural Network Based Enveloping Model of Agricultural Tyre
214-222Views:77The vibration properties of agricultural tractor’s tyres significantly influence its response in terms of the exposure of the human operator to mechanical vibrations, which is still one of the key problems in the design and exploitation of tractors. The behaviour of the tyre in this sense is significantly influenced by the mechanism ofgeometric filtering of the short-wavelength unevenness of the unprepared ground mostly encountered by tractor during in-field operations. Herein, this aspect of tyre behaviour was studied with tyre rolling quasistatically over singular obstacle. Based on experimental results, neural network based model of tyre enveloping behaviour was developed. Main model properties are high computational efficiency, simplicity regarding number of input quantities and absence of the need for explicit parametrization etc. Main shortcomings of modelling approach used are high developing effort, labour-intensive experimental preparations and lack of flexibility regarding tyre design and operating parameters
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Liquidation of Public Procurement Due to Operative Regulations
1-8Views:112The aim of new Public Procurement law is to ensure the efficiency of appropriation public money. On new lwgal regulation public procurement procedure sbecome significantly faster and transparency and competition are increasing. Hence forward the rules of procedures under Europian Union limit won’t be standard. Innational pro curement procedures the rules are differentiated from estimate value. Important change in connection with valuation base dont he lowest price is succeeded by the method of proportion price and value.
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Examining Used and Sportswear Supply Chain Strategy and Indicators
86-98Views:224The following study presents the supply chain strategy of a second-hand and sportswear company in Hungary. The study discusses the main tasks of supply logistics, the level of logistics service, the main determining elements of the level of logistics service, and the measurement of customer satisfaction. From the first step of the process, we can fully follow the processes until the last activity. We can learn in detail about the sub-processes, such as: types of clothing collection, sourcing, warehousing, selection, disassembly, processing, receipt of goods and sales. The aim of the study is to make the processes more transparent for everyone.
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Defect Analysis of Bearings with Vibration Monitoring and Optical Methods
1-12Views:166Diagnosis of bearings with advanced methods gained remarkable roles in the previous years. This article focuses on the manufacturing defects and methods to reveal and classify them. During manufacturing several faults could emerge because of the grinding operation, tool wear and chatter vibration. Inproper handling of the bearing parts because of the collosion to each other and the storing box that causes deformation. To reveal these problems several methods are applied in industry. For deeper surface analysis nitric acid can be used to initate the finished surface of the roller then natrium-carbonate that nautralize the elements. Vibration analysis in its standard Fourier form is not a new achivement but other mathematical tools could be applied to condition monitoring such as wavelet transform. It is an efficient tool for analyzing the vibration signal of the bearings because it can detect the sudden changes and transient impulses in the signal caused by faults on the bearing elements. In this article five different wavelets, Daubechies, Gaussian, Coiflet, Mexican hat, Meyer are compared according to the Energy to Shannon Entropy ratio criteria to reveal their efficiency for fault detection.
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Comparison of greywater treatment processes with coagulating agent and oxidizer
99-106Views:114In our research synthetically produced greywater samples were treated with oxidative and coagulating agents after pre-treatment them by filtration on various filters. We characterised the quality of greywater samples with several parameters. We investigated these parameters on the untreated, pre-treated, and treated samples as well. We evaluated the efficiency of the treatments by measuring the characteristic parameters. The greywater treatment is a very important and effective opportunity for the reasonable freshwater usage. This type of treated water can be suitable for toilet flushing or irrigation. There are a several methods known from the literatures to preparation the greywater samples to reuse. We compared two of these methods in this article.
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Control Valve Testing During Operation
11-18Views:95The most commonly used control technology in building engineering is mixing. The purpose of the measurement is to find out what effects have the different control valve position combinations on the system. How the mixing efficiency changes in these cases.
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Investigating the Development Impact of the Reorganized Quality Control System on One of the Public Service Provider’s Pers
226-241Views:98At the investigated public service providers’ personal customer service they did significant changes were made in the field of quality control since April 2017. A method which existed and was used for a long time was modified, which had one of the most important objectives from a management aspect to help the development of the administrators in order to provide high quality. During our research we mostly focused the development impact of the modified system. We wanted to obtain an answer whether the new system is better for promoting the development of the administrators than the former method and to what extent administrators require feedback related to their job as well as whether this system is properly inspected and controlled by leaders. During the research we targeted three focus points related to the development aspect: self-check, constructive feedback and the degree to which seated work is controlled. Based on the results of the investigation we draft such suggestions which can promote efficiency if necessary and possibly even make the operation of the system more efficient.
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Water Shortage in Jordan
277-286Views:413Water shortage in Jordan is considered to be one of the main challenges that face the country throughout the years. In this manuscript all aspects of this issue will be highlighted. In this article, first, the water situation inputs, contests and outputs will be discussed. Secondly, there will be a detailed study about the ‘WADI AL-ARAB’ Project which is funded by the European Investment Bank and managed by the Yarmouk Water Company, its missions, assets and workflow. Finally, the Improvement of Energy Efficiency in the water sector, project aims, framework, and the major findings expected as a result of these analysis will be highlighted. This document presents the essential elements of a work that required a long time, an enormous effort and a hard work to collect all the data from several sources such as the Jordanian Ministry of Water and Irrigation (MWI), the Water Authority of Jordan (WAJ) and the European Commission (EU Official Website) and analyze them. Also, all the information listed about “WADI AL ARAB” Project was collected from multiple site visits.
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Examination of Z Generation’s Motivation and Expectations on Higher Education
1-13Views:504Today’s students at secondary schools, the so-called Z generation will be the customers in higher education in the near future. Members of the generation 'Z' were born between the early 1990’s and at the end of the 2000’s and significantly differ from the previous generation Y. They are called as Sharing Generation and Digital Generation as well. They have special learning habits and special expectations about learning, teaching and theories. These facts bring up a question about suitability and efficiency of traditional and actual methods in higher education in connection with their teaching and personal development. In this research expectations of students in year 11 will be examined about the higher education in general and with special regard to the business higher education.
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Numerical Model Analysis of Myring–Savonius wind turbines
180-185Views:174Nowadays the importance of renewable energy is growing, and the utilization of the low wind energy potential is getting crucial. There are turbines with low and high tip speed ratio. Turbines with low tip speed ratio such as the Savonius wind turbine can generate adequate amount of torque at low wind velocities. These types of turbines are also called drag machines. The geometry of the blade can greatly influence the efficiency of the device. With Computational Fluid Dynamics (CFD) method, several optimizations can be done before the production. In our paper the Savonius wind turbine blade geometry was based on the so-called Myring equation. The primary objective of this paper was to increase the power coefficient by modelling the effect of the wind on the turbine blade. For the sake of simplicity, a 2D cross-sectional area was investigated in the simulation with ANSYS CFX 19.1.
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The Sustain of the Leadership Methodology in Higher Education
1-11Views:135Higher education institutions have to follow the changes of current higher education and market oriented atmosphere. All these changes have to be measured and probably reacted to. Leaders of higher education instutions should have personal skills, which can contribute to the efficiency therefore they can motivate their colleagues. The aim of this study is to unfold the most effective measuring model to determine the leadership competencies, behaviours, properties, which can contribute to the successful operation and to the subsistence of experienced competition in higher education.