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Sample records for companies pessimistic demand

  1. Crucial market demands and company competencies

    DEFF Research Database (Denmark)

    Jensen, Bjarne; Stacey, Julia

    1999-01-01

    More and more, it is acknowledged that a company's success depends on it being capable of complying with the market's demands and wishes. It is, however, not always obvious, how the individual company will be able to meet the market's demands. A recent MAPP study has investigated this topic...... and identified a number of central market demands, which Danish food companies are faced with. Moreover, the study has identified which competencies are required to meet these demands and have also looked at howsuccessful companies structure some of these competencies. The study takes its point of departure...... in a literature review of MAPP's research. Results show that there are 27 central market demands, retail and consumer demands that Danish companies ought to be able to live up to. The study has also identified which competencies food companies must possess to be able to meet market's demands. Results from three...

  2. Demand forecasting for automotive sector in Malaysia by system dynamics approach

    International Nuclear Information System (INIS)

    Zulkepli, Jafri; Abidin, Norhaslinda Zainal; Fong, Chan Hwa

    2015-01-01

    In general, Proton as an automotive company needs to forecast future demand of the car to assist in decision making related to capacity expansion planning. One of the forecasting approaches that based on judgemental or subjective factors is normally used to forecast the demand. As a result, demand could be overstock that eventually will increase the operation cost; or the company will face understock, which resulted losing their customers. Due to automotive industry is very challenging process because of high level of complexity and uncertainty involved in the system, an accurate tool to forecast the future of automotive demand from the modelling perspective is required. Hence, the main objective of this paper is to forecast the demand of automotive Proton car industry in Malaysia using system dynamics approach. Two types of intervention namely optimistic and pessimistic experiments scenarios have been tested to determine the capacity expansion that can prevent the company from overstocking. Finding from this study highlighted that the management needs to expand their production for optimistic scenario, whilst pessimistic give results that would otherwise. Finally, this study could help Proton Edar Sdn. Bhd (PESB) to manage the long-term capacity planning in order to meet the future demand of the Proton cars

  3. Demand forecasting for automotive sector in Malaysia by system dynamics approach

    Energy Technology Data Exchange (ETDEWEB)

    Zulkepli, Jafri, E-mail: zhjafri@uum.edu.my; Abidin, Norhaslinda Zainal, E-mail: nhaslinda@uum.edu.my [School of Quantitative Sciences, Universiti Utara Malaysia, Sintok, Kedah (Malaysia); Fong, Chan Hwa, E-mail: hfchan7623@yahoo.com [SWM Environment Sdn. Bhd.Level 17, Menara LGB, Taman Tun Dr. Ismail Kuala Lumpur (Malaysia)

    2015-12-11

    In general, Proton as an automotive company needs to forecast future demand of the car to assist in decision making related to capacity expansion planning. One of the forecasting approaches that based on judgemental or subjective factors is normally used to forecast the demand. As a result, demand could be overstock that eventually will increase the operation cost; or the company will face understock, which resulted losing their customers. Due to automotive industry is very challenging process because of high level of complexity and uncertainty involved in the system, an accurate tool to forecast the future of automotive demand from the modelling perspective is required. Hence, the main objective of this paper is to forecast the demand of automotive Proton car industry in Malaysia using system dynamics approach. Two types of intervention namely optimistic and pessimistic experiments scenarios have been tested to determine the capacity expansion that can prevent the company from overstocking. Finding from this study highlighted that the management needs to expand their production for optimistic scenario, whilst pessimistic give results that would otherwise. Finally, this study could help Proton Edar Sdn. Bhd (PESB) to manage the long-term capacity planning in order to meet the future demand of the Proton cars.

  4. [Accepting pessimistic thinking is associated with better mental and physical health in defensive pessimists].

    Science.gov (United States)

    Hosogoshi, Hiroki; Kodama, Masahiro

    2009-02-01

    The mental and physical health of defensive pessimists (DPs) is generally worse than that of optimists. However, some DPs who accept their pessimistic thinking style are in good health. This study examined the health of college students who were DPs related to how they accepted their thinking style. In Study 1 (F = 211, M = 131), self-esteem was compared among DPs, strategic optimists (SOs), and depressed persons (DEPs). In Study 2 (F = 376, M = 251, not indicated = 5), the General Health Questionnaire (GHQ28) was compared among these groups. ANOVAs revealed that DPs were healthier than DEPs in self-esteem and on the GHQ28, but worse than SOs in self-esteem. However, ANCOVA examining self-esteem with acceptance of their thinking style as a covariate showed that DPs were better than DEPs and as good as SOs in health. Regarding the acceptance of their thinking style, DPs scored worse than SOs. This study concluded that DPs in better health had better acceptance of their pessimistic thinking style.

  5. Industrial companies' demand for electricity. Evidence from a micropanel

    International Nuclear Information System (INIS)

    Bjoerner, T.B.; Togeby, M.; Jensen, H.H.

    2001-01-01

    The paper presents a micro-econometric analysis of industrial companies' demand for electricity. Previous studies on electricity consumption in the industrial sector have relied on aggregate data or cross-section observations. Here we present an econometric study on electricity demand based on a panel of 2949 Danish companies followed from 1983 to 1996. It is found that estimators of electricity demand that take account of the panel structure (fixed effect models) yield considerably lower price and production elasticities compared to estimators that do not (like cross-section models). It is also investigated how various company characteristics like size, type of industrial sub-sector and electricity intensity in production influence price and production elasticities. It appears that companies with a high electricity intensity also have a high own-price elasticity

  6. Hawaiian Electric Company Demand Response Roadmap Project

    Energy Technology Data Exchange (ETDEWEB)

    Levy, Roger [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Kiliccote, Sila [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2013-01-12

    The objective of this project was to develop a “roadmap” to guide the Hawaiian Electric Company (HECO) demand response (DR) planning and implementation in support of the Hawaii Clean Energy Initiative (HCEI) 70% clean energy goal by 2030.

  7. Satisfying the demand for financial information in public traded companies

    DEFF Research Database (Denmark)

    Holm, Claus

    A public traded company which wishes to comply with IAS standards and stock exchange requirements for full public disclosure of relevant information faces a major communication task. The Investor Relation policy of such a company has to satisfy a demand for financial information which seems...... line focus to the disclosure of cash flow surrogates like EBITA and EBITDA. Overall, the findings suggest a communication strategy intended to satisfy the demand from the professional analysts. However, the shear number of different key figures and financial ratios identified in the study suggest...

  8. An energy service company's perspective on demand-side management

    International Nuclear Information System (INIS)

    Bullock, C.G.

    1993-01-01

    In 1985, Massachusetts Electric Company held a bid for demand reduction to be supplied by energy service companies (ESCOs). It was one of the first demand-side management (DSM) bidding programs held in the United States. Since then, several DSM auctions have been held. Many people expected DSM bidding to be a key component in integrated resource planning. Many observed similarities with supply side bidding, and expected DSM bidding to grow according. Today, more than $2 billion annually is being spent by utilities on DSM programs. Less than $100 million is spent with ESCOs. This chapter explores some of the reasons for the current situation and suggests some alternatives, which could benefit all of the players

  9. Do horses with poor welfare show `pessimistic' cognitive biases?

    Science.gov (United States)

    Henry, S.; Fureix, C.; Rowberry, R.; Bateson, M.; Hausberger, M.

    2017-02-01

    This field study tested the hypothesis that domestic horses living under putatively challenging-to-welfare conditions (for example involving social, spatial, feeding constraints) would present signs of poor welfare and co-occurring pessimistic judgement biases. Our subjects were 34 horses who had been housed for over 3 years in either restricted riding school situations ( e.g. kept in single boxes, with limited roughage, ridden by inexperienced riders; N = 25) or under more naturalistic conditions ( e.g. access to free-range, kept in stable social groups, leisure riding; N = 9). The horses' welfare was assessed by recording health-related, behavioural and postural indicators. Additionally, after learning a location task to discriminate a bucket containing either edible food (`positive' location) or unpalatable food (`negative' location), the horses were presented with a bucket located near the positive position, near the negative position and halfway between the positive and negative positions to assess their judgement biases. The riding school horses displayed the highest levels of behavioural and health-related problems and a pessimistic judgment bias, whereas the horses living under more naturalistic conditions displayed indications of good welfare and an optimistic bias. Moreover, pessimistic bias data strongly correlated with poor welfare data. This suggests that a lowered mood impacts a non-human species' perception of its environment and highlights cognitive biases as an appropriate tool to assess the impact of chronic living conditions on horse welfare.

  10. Do horses with poor welfare show 'pessimistic' cognitive biases?

    Science.gov (United States)

    Henry, S; Fureix, C; Rowberry, R; Bateson, M; Hausberger, M

    2017-02-01

    This field study tested the hypothesis that domestic horses living under putatively challenging-to-welfare conditions (for example involving social, spatial, feeding constraints) would present signs of poor welfare and co-occurring pessimistic judgement biases. Our subjects were 34 horses who had been housed for over 3 years in either restricted riding school situations (e.g. kept in single boxes, with limited roughage, ridden by inexperienced riders; N = 25) or under more naturalistic conditions (e.g. access to free-range, kept in stable social groups, leisure riding; N = 9). The horses' welfare was assessed by recording health-related, behavioural and postural indicators. Additionally, after learning a location task to discriminate a bucket containing either edible food ('positive' location) or unpalatable food ('negative' location), the horses were presented with a bucket located near the positive position, near the negative position and halfway between the positive and negative positions to assess their judgement biases. The riding school horses displayed the highest levels of behavioural and health-related problems and a pessimistic judgment bias, whereas the horses living under more naturalistic conditions displayed indications of good welfare and an optimistic bias. Moreover, pessimistic bias data strongly correlated with poor welfare data. This suggests that a lowered mood impacts a non-human species' perception of its environment and highlights cognitive biases as an appropriate tool to assess the impact of chronic living conditions on horse welfare.

  11. Three Essays on National Oil Company Efficiency, Energy Demand and Transportation

    Science.gov (United States)

    Eller, Stacy L.

    This dissertation is composed of three separate essays in the field of energy economics. In the first paper, both data envelopment analysis and stochastic production frontier estimation are employed to provide empirical evidence on the revenue efficiency of national oil companies (NOCs) and private international oil companies (IOCs). Using a panel of 80 oil producing firms, the analysis suggests that NOCs are generally less efficient at generating revenue from a given resource base than IOCs, with some exceptions. Due to differing firm objectives, however, structural and institutional features may help explain much of the inefficiency. The second paper analyzes the relationship between economic development and the demand for energy. Energy consumption is modeled using panel data from 1990 to 2004 for 50 countries spanning all levels of development. We find the relationship between energy consumption and economic development corresponds to the structure of aggregate output and the nature of derived demand for electricity and direct-use fuels in each sector. Notably, the evidence of non-constant income elasticity of demand is much greater for electricity demand than for direct-use fuel consumption. In addition, we show that during periods of rapid economic development, one in which the short-term growth rate exceeds the long-run average, an increase in aggregate output is met by less energy-efficient capital. This is a result of capital being fixed in the short-term. As additional, more efficient capital stock is added to the production process, the short-term increase in energy intensity will diminish. In the third essay, we develop a system of equations to estimate a model of motor vehicle fuel consumption, vehicle miles traveled and implied fuel efficiency for the 67 counties of the State of Florida from 2001 to 2008. This procedure allows us to decompose the factors of fuel demand into elasticities of vehicle driving demand and fuel efficiency. Particular

  12. A "Hyper- and Pessimistic Activism" in a Curriculum Master's Course

    Science.gov (United States)

    Brass, Jory

    2012-01-01

    In this article the author explores Foucault's counter-intuitive views on intellectuals and political activism--a stance he once described as "a hyper- and pessimistic activism" (Foucault, 1983). After contrasting the activist stance of critical pedagogy with Foucault's writing on political activism, the author outlines early attempts to…

  13. The Effect of Psychological Immunization on Pessimistic Attribution of Female Students with Dyslexia

    Directory of Open Access Journals (Sweden)

    Sahar Pahlavanneshan

    2015-06-01

    Full Text Available Objectives: The present study was aimed to determine the effect of psychological immunization on pessimistic attribution in Female students with dyslexia. Methods: The study was an experimental one, in which 60 Female students with dyslexia were selected randomly from Learning Disabilities Centers in Isfahan. Subjects  were  assigned to experimental and control groups (15 individuals in each group. All students completed the Children Attributional Style Questionnaire before and after training sessions. The experimental group participated in 10 intervention sessions (twice a week 60 minutes per session and were trained by psychological immunization program. Six weeks later, the experimental group answered the questionnaire again. Data were analyzed by analysis of covariance. Results: The results of the analysis of covariance showed that the intervention program significantly decreased the pessimistic attribution style of the experimental group in comparison to the control group (P<0.001.  Discussion: It seems that the application of a psychological immunization program has influenced pessimistic beliefs of Female students with dyslexia and is probably useful as a rehabilitation program for modifying the style of attribution (P<0.001.

  14. On the computation of relaxed pessimistic solutions to MPECs

    Czech Academy of Sciences Publication Activity Database

    Červinka, Michal; Matonoha, Ctirad; Outrata, Jiří

    2013-01-01

    Roč. 28, č. 1 (2013), s. 186-206 ISSN 1055-6788 R&D Projects: GA MŠk 1M0572; GA ČR GA201/09/1957 Institutional research plan: CEZ:AV0Z10300504; CEZ:AV0Z10750506 Keywords : MPEC * equilibrium constraints * pessimistic solution * value function * relaxed and approximate solutions Subject RIV: BA - General Mathematics Impact factor: 1.210, year: 2013

  15. Energy demand and supply prompts record results for Canadian companies

    International Nuclear Information System (INIS)

    Anon.

    2005-01-01

    The Canadian energy industry has shown consistent growth in recent years. This trend is expected to continue due high energy prices resulting from concerns regarding energy supply and increased demand for energy. The 2005 annual survey by Pricewaterhouse Coopers states that Canadian energy sectors have seen average revenues grow by 12.4 per cent from $934 million to $1.05 billion for conventional companies and by 30.5 per cent from $285 million to $372 million for income trusts. The survey provides a summary of Canada's energy industry, including crude oil, natural gas, oil and gas services, oil sands and electricity. The financial and operating information of the top 100 Canadian public oil and gas companies is also summarized, along with 31 oil and gas income trusts. The survey found that crude oil prices were influenced by price volatility and record highs in 2004. Price volatility was due to global political tensions, increased demand from China, India and the United States and lower crude supplies in the United States. Production of Canadian crude, including conventional, synthetic crude, heavy crude, natural gas and natural gas from liquids continued to increase in 2004. A strong pricing environment will likely continue, according to industry expectations, due to political instability in the Middle East and OPEC's tight crude supply strategy. Strong pricing is expected to enhance natural gas economics and promote increased capital investment and production. In 2004, the oil and gas service industry drilled a record 21,593 wells in Western Canada and a record 28,630 drilling permits will be issued. In 2004, there was also a strong demand for field services and improvements in many manufacturing firms. Production from Canadian oil sands in 2004 was over 1 million barrels per day. An estimated 174 billion barrels of oil lie within the oil sands, making Canada the second largest country in terms of global proven crude oil reserves. Several oil sands projects have

  16. Forecasting inter-urban transport demand for a logistics company: A combined grey–periodic extension model with remnant correction

    Directory of Open Access Journals (Sweden)

    Donghui Wang

    2015-12-01

    Full Text Available Accurately predicting short-term transport demand for an individual logistics company involved in a competitive market is critical to make short-term operation decisions. This article proposes a combined grey–periodic extension model with remnant correction to forecast the short-term inter-urban transport demand of a logistics company involved in a nationwide competitive market, showing changes in trend and seasonal fluctuations with irregular periods different to the macroeconomic cycle. A basic grey–periodic extension model of an additive pattern, namely, the main combination model, is first constructed to fit the changing trends and the featured seasonal fluctuation periods. In order to improve prediction accuracy and model adaptability, the grey model is repeatedly modelled to fit the remnant tail time series of the main combination model until prediction accuracy is satisfied. The modelling approach is applied to a logistics company engaged in a nationwide less-than-truckload road transportation business in China. The results demonstrate that the proposed modelling approach produces good forecasting results and goodness of fit, also showing good model adaptability to the analysed object in a changing macro environment. This fact makes this modelling approach an option to analyse the short-term transportation demand of an individual logistics company.

  17. An inventory control project in a major Danish company using compound renewal demand models

    DEFF Research Database (Denmark)

    Larsen, Christian; Seiding, Claus Hoe; Teller, Christian

    2008-01-01

    procedures for determining suitable inventory control variables based on the fitted demand distributions and a service-level requirement stated in terms of an order fill rate. Finally, we validated the results of our models against the procedures that had been in use in the company. It was concluded...

  18. Optimistic and pessimistic self-assessment of own diets is associated with age, self-rated health and weight status in Danish adults.

    Science.gov (United States)

    Sørensen, Mette Rosenlund; Matthiessen, Jeppe; Holm, Lotte; Knudsen, Vibeke Kildegaard; Andersen, Elisabeth Wreford; Tetens, Inge

    2017-07-01

    The aim of this study was to analyse concordance between Danish adults' recorded diet quality and their own assessment of the healthiness and to examine socio-demographic, health and behavioural characteristics associated with an optimistic or pessimistic self-assessment. Data were derived from The Danish National Survey of Diet and Physical Activity 2011-2013 and included a random sample of 3014 adults (18-75 y). Diet quality was evaluated on the basis of seven-day pre-coded food diaries and categorised 'unhealthy', 'somewhat healthy' and 'healthy'. Self-assessment of the healthiness of own diets was registered via personal interviews and categorised healthy enough 'to a high degree', 'to some degree' or 'not at all/only partly'. Highly and somewhat optimistic self-assessment, respectively, were defined as assessing own diets as healthy enough to a high degree or to some degree while having unhealthy diets. Highly and somewhat pessimistic self-assessment, respectively, were defined as assessing own diets as not healthy enough or healthy enough to some degree while having healthy diets. Multiple logistic regression models were used to examine characteristics associated with optimistic and pessimistic self-assessments, respectively. Among individuals with unhealthy diets, 13% were highly optimistic and 42% somewhat optimistic about the healthiness of their diets. Among individuals with healthy diets, 14% were highly pessimistic and 51% somewhat pessimistic about the healthiness of their diets. Highly optimistic self-assessment was associated with increasing age, excellent self-rated health, normal weight and a moderate activity level. Highly pessimistic self-assessment was associated with decreasing age, good self-rated health and being obese. The findings indicate that people seem to use personal health characteristics as important references when assessing the healthiness of their diets. Copyright © 2017 Elsevier Ltd. All rights reserved.

  19. Application of the pessimistic pruning to increase the accuracy of C4.5 algorithm in diagnosing chronic kidney disease

    Science.gov (United States)

    Muslim, M. A.; Herowati, A. J.; Sugiharti, E.; Prasetiyo, B.

    2018-03-01

    A technique to dig valuable information buried or hidden in data collection which is so big to be found an interesting patterns that was previously unknown is called data mining. Data mining has been applied in the healthcare industry. One technique used data mining is classification. The decision tree included in the classification of data mining and algorithm developed by decision tree is C4.5 algorithm. A classifier is designed using applying pessimistic pruning in C4.5 algorithm in diagnosing chronic kidney disease. Pessimistic pruning use to identify and remove branches that are not needed, this is done to avoid overfitting the decision tree generated by the C4.5 algorithm. In this paper, the result obtained using these classifiers are presented and discussed. Using pessimistic pruning shows increase accuracy of C4.5 algorithm of 1.5% from 95% to 96.5% in diagnosing of chronic kidney disease.

  20. Forecasted electric power demands for the Baltimore Gas and Electric Company. Volume 1 and Volume 2. Documentation manual

    International Nuclear Information System (INIS)

    Estomin, S.L.; Beach, J.E.; Goldsmith, J.V.

    1991-05-01

    The two-volume report presents the results of an econometric forecast of peak load and electric power demand for the Baltimore Gas and Electric Company (BG ampersand E) through the year 2009. Separate energy sales models were estimated for residential sales in Baltimore City, residential sales in the BG ampersand E service area excluding Baltimore City, commercial sales, industrial sales, streetlighting sales, and Company use plus losses. Econometric equations were also estimated for electric space heating and air conditioning saturation in Baltimore City and in the remainder of the BG ampersand E service territory. In addition to the energy sales models and the electric space conditioning saturation models, econometric models of summer and winter peak demand on the BG ampersand E system were estimated

  1. What to provide and how to provide it? : - a study on small companies' demand for audit and alternative services

    OpenAIRE

    Franzén, Liza

    2010-01-01

    The 1st of July 2010 is the statutory audit going to be abolished in Sweden. After the abolition 96 % of the limited companies do not have to conduct an audit.  This research will therefore study the small companies’ demand for audit and alternative services, and how the services shall be provided to best align with the clients’ demands. This study will be conducted with a positivistic perception of knowledge, since the aim is to explain what factors that affect the companies’ demand. With st...

  2. Forecasted electric power demands for the Delmarva Power and Light Company. Volume 1 and Volume 2. Documentation manual

    International Nuclear Information System (INIS)

    Estomin, S.L.; Beach, J.E.

    1990-10-01

    The two-volume report presents the results of an econometric forecast of peak load and electric power demands for the Delmarva Power and Light Company (DP ampersand L) through the year 2008. Separate sets of models were estimated for the three jurisdictions served by DP ampersand L: Delaware, Maryland and Virginia. For both Delaware and Maryland, econometric equations were estimated for residential, commercial, industrial, and streetlighting sales. For Virginia, equations were estimated for residential, commercial plus industrial, and streetlighting sales; separate industrial and commercial equations were not estimated for Virginia due to the relatively small size of DP ampersand L's Virginia Industrial load. Wholesale sales were econometrically estimated for the DP ampersand L system as a whole. In addition to the energy sales models, an econometric model of annual (summer) peak demand was estimated for the Company

  3. Real-Time Procurement Strategies of a Proactive Distribution Company with Aggregator-Based Demand Response

    DEFF Research Database (Denmark)

    Zhang, Chunyu; Wang, Qi; Wang, Jianhui

    2016-01-01

    and inelastic demand components. A one-leader multi-follower bilevel model is proposed to derive the procurement strategies, i.e., the upper-level problem intends to maximize the profit of the proactive distribution company, while the lower-level expresses the profit maximization per rational aggregator....... The proposed model is then transformed into a solvable mathematical program with equilibrium constraints through a primal-dual approach. A modified 33-bus distribution network is utilized to demonstrate the effectiveness of the proposed model....

  4. The Effect of Labor Supply Shortages on Asymmetric Cost Behavior

    DEFF Research Database (Denmark)

    Hoffmann, Kira

    facing restrictions in labor supply increase costs (and resources) less than companies operating with sufficient access to additional personnel. This leads to a more symmetrical cost behavior for increasing activity compared to decreasing activity. Additional analyses show that shortages in labor supply......, such as prior period slack creation or pessimistic managerial expectations with respect to future demand....

  5. Real-time Trading Strategies for Proactive Distribution Company with Distributed Generation and Demand Response

    DEFF Research Database (Denmark)

    Wang, Qi

    Distributed energy resources (DERs), such as distributed generation (DG) and demand response (DR), have been recognized worldwide as valuable resources. High integration of DG and DR in the distribution network inspires a potential deregulated environment for the distribution company (DISCO...... in the presented DL market and transact with TL real-time market. A one-leader multi-follower-type bi-level model is proposed to indicate the PDISCO's trading strategies. To participate in the TL real-time market, a methodology is presented to derive continuous bidding/offering strategies for a PDISCO. A bi...

  6. Age identity, gender, and perceptions of decline: does feeling older lead to pessimistic dispositions about cognitive aging?

    Science.gov (United States)

    Schafer, Markus H; Shippee, Tetyana P

    2010-01-01

    Drawing on past studies of age identity, this article examined whether feeling older was associated with more pessimistic views about cognitive aging. Using respondents aged 55 years and older in the Midlife Development in the United States study, we estimated a series of linear regression models to predict people's dispositions toward their cognitive aging. The main comparison is whether the effects of age identity on cognitive aging differ for men and women. Beyond the effects of chronological age, older age identities were associated with more pessimistic dispositions about cognitive aging. This relationship, however, was found only among women. Age identity shapes cognitive aging dispositions, though the gendered nature of this relationship remains somewhat unclear. The findings give further evidence about the far-reaching implications of age identity for successful aging and suggest that future work can explicate how subjective aging processes may differ by gender.

  7. Strategy-making for a proactive distribution company in the real-time market with demand response

    DEFF Research Database (Denmark)

    Zhang, Chunyu; Wang, Qi; Wang, Jianhui

    2016-01-01

    This paper proposes a methodology to optimize the trading strategies of a proactive distribution company (PDISCO) in the real-time market by mobilizing the demand response. Each distribution-level demand is considered as an elastic one. To capture the interrelation between the PDISCO and the real......-time market, a bi-level model is presented for the PDISCO to render continuous offers and bids strategically. The upper level problem expresses the PDISCO's profit maximization, while the lower-level problem minimizes the operation cost of the transmission-level real-time market. To solve the proposed model......, a primal-dual approach is used to translate this bi-level model into a single-level mathematical program with equilibrium constraints. Results of case studies are reported to show the effectiveness of the proposed model. (C) 2016 Elsevier Ltd. All rights reserved....

  8. Impact of Contingent Liabilities Reclassification on Financial Performance: An Analysis with Brazilian Companies of Electricity Utilities Sector

    Directory of Open Access Journals (Sweden)

    Carlos Henrique Silva do Carmo

    2018-01-01

    Full Text Available The main objective of this research is to verify the effect of a reconfiguration of contingent liabilities in the financial performance of Brazilian companies in the electricity sector in the years 2013 to 2015. The sample consisted of 53 companies and 153 financial statements were analyzed. The model used to reconfigure the contingent liabilities into provisions was developed by Rose (2014. The author classifies the reversal in 5 scenarios: Optimistic (20% Partially Optimistic (40%, moderate (60% Partially Pessimistic (80% and Pessimistic (100%. To represent the economic and financial performance we selected three indicators: General Liquidity (LG, General Indebtedness (EG and Return Over Assets (ROA. The results showed that for worst-case scenarios, there is a significant difference between the indicators calculated on the original data in comparison with those calculated within the reclassified scenarios. The Statistics D of Cohen (1988 pointed out that, in addition to statistically significant, in the worst scenarios, the size effect was also too high, especially for the ROA and the Indebtedness. For Liquidity the differences were not so significant. The findings of this research serve as a warning to users of financial statements and pointed out that they should be aware of the financial effect of different interpretations of the individuals involved in decisions about the likelihood of loss in provision and Contingent liabilities.

  9. The Effectiveness of Verbal Self-Instruction Method on Pessimistic Attribution Style about Negative Events in Children with Dyslexia

    Directory of Open Access Journals (Sweden)

    Zahra Eyni Mirkoohi

    2015-12-01

    Full Text Available Objectives: The aim of this study was to investigate the effectiveness of verbal self-Instruction on pessimistic attribution style about negative events in children with dyslexia. Methods: The study was experimental with pre-test-post-test and control group. The statistical population consists of all dyslexic students of Maktab Ali School in Tehran City. Forty students were selected by convenience sampling method and randomly allocated to two groups: experimental and control. Experimental group received verbal self-Instruction, Mychnbam and Goodman method in 8 sessions (2 sessions per week, each lasting 45 minutes while the control group received only the routine school training. The measurement was Children's Attribution Style Questionnaire (CASQ.‌‌ Data analysis using multivariate analysis of covariance. Results: Negative pessimistic attribution style (general, stable and internal were significantly decreased (P<0.005. in the experimental group in comparison with control group after intervention. Discussion: Verbal self instruction can be applied in children with dyslexia for improvement of attribution style by psychologists, teachers, educators, special schools, parents and all those who are dealing with these children. 

  10. Demand planning ve společnosti Farm Frites

    OpenAIRE

    Rosíková, Eva

    2009-01-01

    Theoretic part of thesis included short introduction into logistics, define question of demand planning and his role in SCM. In practical part is outlined function of SCM in Farm Frites company. Description of logistics chain, which is necessary part for understanding of whole proces of demand planning in company. Main object of thesis is to determine problems connected with demand planning and proposal of resolution of that problems in Farm Frites.

  11. EMPIRICAL ANALYSIS OF DEMAND FOR ROOF TILES: EXAMPLE OF TONDACH COMPANY

    Directory of Open Access Journals (Sweden)

    Jasmin Hoso

    2016-06-01

    Full Text Available In a very dynamic and volatile business environment, multinational companies view the intra-company exchange as a factor of developing the enterprise’s capacities and total revenue growth. The paper is aimed at performing econometric evidence of the total revenues of “Tondach” company, based on the collected economic indicators of “Tondach” company development in nine countries. For each individual country, variables on total revenue, total company’s investment in the country, the number of employees and the value of intra-company exchange were used. Besides these variables, the model will use two additional ones: population and rating for each individual country. It was established that the intra-company exchange has a positive and significant effect on the total revenue of companies in the Tondach Group in the observed countries and the observed period of time. With respect to rating, as the second independent variable of special interest, we observe a positive and strong effect on total revenue. This result also proves our claim that countries in the region, with a higher risk factor, which are not members of the integration, have a lower rating, which in turn has a direct impact on lower revenues.

  12. Optimistic and pessimistic self-assessment of own diets is associated with age, self-rated health and weight status in Danish adults

    DEFF Research Database (Denmark)

    Sørensen, Mette Rosenlund; Matthiessen, Jeppe; Holm, Lotte

    2017-01-01

    The aim of this study was to analyse concordance between Danish adults' recorded diet quality and their own assessment of the healthiness and to examine socio-demographic, health and behavioural characteristics associated with an optimistic or pessimistic self-assessment. Data were derived from T...

  13. Multilingualism in Companies: An Introduction

    Science.gov (United States)

    Sherman, Tamah; Strubell, Miquel

    2013-01-01

    This thematic collection of four papers explores a number of perspectives on companies in which multiple languages are used. The "organisational" perspective concerns the question of how the presence of or demand for multiple languages in the company is managed--how companies are guided by national and other policies in regard to the use…

  14. STRATEGIC MANAGEMENT OF HOTEL COMPANIES: CASE STUDY OF HOTEL COMPANIES IN VOJVODINA (SERBIA

    Directory of Open Access Journals (Sweden)

    Svetlana VUKOSAV

    2014-12-01

    Full Text Available Contemporary approaches to the management of the company are focused on achieving long-term success of the company in its complex and changing environment. Company as part of the wider environment, must adapt to the changing environment in order to survive, growing and developing. The task of strategic management is to enable the enterprise in the tourism industry to rationally and promptly react to changes in the environment in which it carries out its business and general activity. The aim of this paper is to determine whether and to what extent the process of the strategic management is being implemented in hotels in Vojvodina(that are changed ownership structure and what is their response to the competitive pressures and opportunities, and demands and needs of consumers Strategic positioning in order to achieve sustainable competitive advantage through product differentiation and segmentation of demand is imperative for success of hotel companies in Vojvodina.

  15. Benchmarking HEI impact on students' soft skills development with labour market demands

    DEFF Research Database (Denmark)

    Jørgensen, Henning P.; Roth, Eva

    Report on an international comprison of students' and companies attitudes regarding soft skills aiming at securing correspondence between students perception of own skills and companies demands.......Report on an international comprison of students' and companies attitudes regarding soft skills aiming at securing correspondence between students perception of own skills and companies demands....

  16. Collaborative Services for Customized Production in Networked Companies

    OpenAIRE

    Fornasiero , Rosanna; Bastos , João; Azevedo , Américo; Zangiacomi , Andrea; Coscia , Eva

    2013-01-01

    Part 12: Services II; International audience; Increasingly, consumer demand of fashionable products is arising as significant challenge for company managers. In order to respond to this demand, companies are asked to supply small series of innovative and fashionable goods of high quality, affordable price and eco-compatibility in short periods of time and with high service levels. As a result of these rapidly evolving challenges, companies are forming collaborative networks in order to design...

  17. Joint Real-Time Energy and Demand-Response Management using a Hybrid Coalitional-Noncooperative Game

    Energy Technology Data Exchange (ETDEWEB)

    He, Fulin; Gu, Yi; Hao, Jun; Zhang, Jun Jason; Wei, Jiaolong; Zhang, Yingchen

    2015-11-11

    In order to model the interactions among utility companies, building demands and renewable energy generators (REGs), a hybrid coalitional-noncooperative game framework has been proposed. We formulate a dynamic non-cooperative game to study the energy dispatch within multiple utility companies, while we take a coalitional perspective on REGs and buildings demands through a hedonic coalition formation game approach. In this case, building demands request different power supply from REGs, then the building demands can be organized into an ultimate coalition structure through a distributed hedonic shift algorithm. At the same time, utility companies can also obtain a stable power generation profile. In addition, the interactive progress among the utility companies and building demands which cannot be supplied by REGs is implemented by distributed game theoretic algorithms. Numerical results illustrate that the proposed hybrid coalitional-noncooperative game scheme reduces the cost of both building demands and utility companies compared with the initial scene.

  18. Successfull expansion of renewable energies due to reimbursement rates. Companies demand safety of investment; Erfolgreicher Ausbau Erneuerbarer Energien dank Einspeiseverguetung. Unternehmen fordern Investitionssicherheit

    Energy Technology Data Exchange (ETDEWEB)

    Kunz, Claudia (comp.)

    2012-06-22

    Quota systems for the promotion of renewable energy sources are inferior to the reimbursement rates such as the German Renewable Energy Law (EEG). The reimbursement rates have been proven to be efficient and effective. Therefore companies demand no dismissal of the EEG because a dismissal reduces the security of investment and thwarts the expansion of renewable energies.

  19. SELECT COMPANY BUSINESS STRATEGIES IN FULL OF UNCERTAINTY

    Directory of Open Access Journals (Sweden)

    Mikhail N. Konotopov

    2013-01-01

    Full Text Available This article proposes an approach to the choice of the business strategies of the company in the conditions of complete market demand uncertainty. It is based on using the so-called strategic statistical games - market becomes the first player and the head of the organization, receiving the administrative decision, the second. Formed matrix losses of the company, the relevant combinations of possible states of a market demand and selected business strategies. To select the optimal business strategies, corresponding to the concrete possibilities of the company, Wald, Savage and Hurwitz rules are used.

  20. Shop Floor-Level Control of Manufacturing Companies: An Interview Study in Finland

    Directory of Open Access Journals (Sweden)

    Tokola Henri

    2015-02-01

    Full Text Available This paper publishes the results of interviews regarding shop-floor-level control of 18 Finnish manufacturing companies. The interviews had 17 open questions relating to demand characteristics, shop floor-level control issues, production flexibility, inventory control, and potential development areas. In order to get insights from the interviews, this paper analyses the answers from the interviews and categorises them into typical answers. The companies that were interviewed are also categorised as small companies with their own end products, subcontractors, or large companies with their own end products, and the emphasis of the analysis is on how companies differ in their shop floor-level control. The results show that different types of companies have different characteristics. Small companies are characterised by constant workflow, seasonal trends in demand, and the use of forecasts. Subcontractors have great daily variation in their demand and processing times. Large companies tend to focus on inventory issues.

  1. Demand forecast: a case study at a meat agribusiness in west Santa Catarina

    Directory of Open Access Journals (Sweden)

    Cleunice Zanella

    2016-03-01

    Full Text Available Based on demand forecasts, companies plan production, financial and personnel scenarios, both in the long and short term. The forecasts are essential, especially for companies working with a push production system, for which there is no sale of collateral. They should therefore plan their production and financial systems with the aim of meeting the demand forecast of their products or services. Thus, this study was conducted at a meat agribusiness located in Chapecó, in the state of Santa Catarina, in order to analyze the demand forecasting methods used by the company. It is a case study with a qualitative approach. Data collection was conducted through semi-structured interviews with the operations manager, commercial manager and analysts who respond to the demand forecasts made. The main results highlight the use of both quantitative and qualitative methods, as well as indicating the importance of demand forecasts for the planning of the company

  2. Countries and companies

    International Nuclear Information System (INIS)

    Jenning, J.S.

    1990-01-01

    The trends and factors currently emerging are likely to have significant influence on the way the upstream oil and gas industry evolves in the coming decade. This paper discusses how these trends might influence events in the 1990s, particularly how they might influence relationships between host countries and companies in the oil industry. State owned companies will dominate the industry in resource terms. These statcos fall into three groups: a small group of technically able, financially sound, well-managed companies; a group of consumer statcos that have limited domestic production but significant domestic demand; a large group that are finding it difficult to maintain their production facilities in good standing to maximize recovery from their resources. This paper describes the future private sector as consisting of the Surviving Sisters and smaller, private companies very active in the upstream. How will these various players behave in the years to come? Conventional activity in the upstream will continue as companies seek to optimize their upstream portfolios

  3. Pessimistic Determination of Mechanical Conditions and Micro/macroeconomic Evaluation of Mine Pillar Replacement

    Science.gov (United States)

    Chen, Qingfa; Zhao, Fuyu

    2017-12-01

    Numerous pillars are left after mining of underground mineral resources using the open stope method or after the first step of the partial filling method. The mineral recovery rate can, however, be improved by replacement recovery of pillars. In the present study, the relationships among the pillar type, minimum pillar width, and micro/macroeconomic factors were investigated from two perspectives, namely mechanical stability and micro/macroeconomic benefit. Based on the mechanical stability formulas for ore and artificial pillars, the minimum width for a specific pillar type was determined using a pessimistic criterion. The microeconomic benefit c of setting an ore pillar, the microeconomic benefit w of artificial pillar replacement, and the economic net present value (ENPV) of the replacement process were calculated. The values of c and w were compared with respect to ENPV, based on which the appropriate pillar type and economical benefit were determined.

  4. A Framework for Photovoltaic and Thermosiphon Systems

    Directory of Open Access Journals (Sweden)

    Gustavo Guidoni

    2011-01-01

    Full Text Available Pessimistic forecasts are growing in the Brazilian energy scenario demanding the use of renewable sources of energy such as the solar one. As metropolitan regions have become more populous, private and public companies have developed new technologies based on renewable energy sources. In order to supply such demand, new computer techniques have to be developed. This paper presents a framework to assist the developer to model new components and simulate solar energy applications. By applying the framework concepts, such as source code reuse, one can create a complete environment to evaluate solar energy data. The framework supports software development and tool implementation to be used in photovoltaic and thermosiphon processes.

  5. Demand Management Based on Model Predictive Control Techniques

    Directory of Open Access Journals (Sweden)

    Yasser A. Davizón

    2014-01-01

    Full Text Available Demand management (DM is the process that helps companies to sell the right product to the right customer, at the right time, and for the right price. Therefore the challenge for any company is to determine how much to sell, at what price, and to which market segment while maximizing its profits. DM also helps managers efficiently allocate undifferentiated units of capacity to the available demand with the goal of maximizing revenue. This paper introduces control system approach to demand management with dynamic pricing (DP using the model predictive control (MPC technique. In addition, we present a proper dynamical system analogy based on active suspension and a stability analysis is provided via the Lyapunov direct method.

  6. CONDITIONS OF FORMING OIL COMPANY INNOVATIVE DEVELOPMENT MODEL

    Directory of Open Access Journals (Sweden)

    A. N. Dmitrievsky

    2012-01-01

    Full Text Available Innovative development of contemporary RF oil industry enterprises and companies faces considerable difficulties. Main problems that hamper scientific and technological development and modernization of domestic oil companies are lack of demand for innovations, specific corporateculture of these companies and the country’s scientific and technological politics. Situation with advanced domestic technologies in the industry and their long-lasting and efficient use by Russian enterprises and companies is examined.

  7. A Causal Relationship between Quality Management Practices, Supply-Chain Practices, Demand-Chain Practices, and Company Performance: Evidence from the Indonesia’s Oil and Gas Industry

    OpenAIRE

    Ciptono, Wakhid Slamet

    2015-01-01

    Studi ini mengembangkan suatu hubungan kausal antara lima konstruk penelitian QualityManagement Practices (QMP), Supply-Chain Practices (SCP), Demand-Chain Practices (DCP), CompanyPerformance (Value-Gain Performance atau VGP dan Monetary-Gain Performance atau MGP) denganmenggunakan Structural Equation Modeling (SEM)—studi kasus pada industri migas di Indonesia. Modelkonseptual penelitian ini merupakan kolaborasi dari berbagai penelitian sebelumnya yang terkait denganenam dimensi praktik manaj...

  8. TACIT, EXPLICIT, AND CULTURAL KNOWLEDGE IN DEMAND PLANNING

    Directory of Open Access Journals (Sweden)

    ANDRÉ EDUARDO MIRANDA DOS SANTOS

    2010-04-01

    Full Text Available Demand planning consists in a set of steps which evolves two main types of knowledge: tacit and explicit. It is under these types of knowledge that the present article was developed. It aimed at relating the concept of demand planning with knowledge management, but delimited to its tacit, explicit, and cultural knowledge components. An exploratory research was done with five companies. Therefore, the study was characterized as multicases and evolded enterviews, observations, and documents analysis. The analysis was made by content analysis. The results evidenced the presence of a set of components related to the three types of knowledge in demand planning like: information technology tools, professional experience, collective interation, social relations, and a corporative view, which leads the company´ business.

  9. The ability of analysts' recommendations to predict optimistic and pessimistic forecasts.

    Directory of Open Access Journals (Sweden)

    Vahid Biglari

    Full Text Available Previous researches show that buy (growth companies conduct income increasing earnings management in order to meet forecasts and generate positive forecast Errors (FEs. This behavior however, is not inherent in sell (non-growth companies. Using the aforementioned background, this research hypothesizes that since sell companies are pressured to avoid income increasing earnings management, they are capable, and in fact more inclined, to pursue income decreasing Forecast Management (FM with the purpose of generating positive FEs. Using a sample of 6553 firm-years of companies that are listed in the NYSE between the years 2005-2010, the study determines that sell companies conduct income decreasing FM to generate positive FEs. However, the frequency of positive FEs of sell companies does not exceed that of buy companies. Using the efficiency perspective, the study suggests that even though buy and sell companies have immense motivation in avoiding negative FEs, they exploit different but efficient strategies, respectively, in order to meet forecasts. Furthermore, the findings illuminated the complexities behind informative and opportunistic forecasts that falls under the efficiency versus opportunistic theories in literature.

  10. The Ability of Analysts' Recommendations to Predict Optimistic and Pessimistic Forecasts

    Science.gov (United States)

    Biglari, Vahid; Alfan, Ervina Binti; Ahmad, Rubi Binti; Hajian, Najmeh

    2013-01-01

    Previous researches show that buy (growth) companies conduct income increasing earnings management in order to meet forecasts and generate positive forecast Errors (FEs). This behavior however, is not inherent in sell (non-growth) companies. Using the aforementioned background, this research hypothesizes that since sell companies are pressured to avoid income increasing earnings management, they are capable, and in fact more inclined, to pursue income decreasing Forecast Management (FM) with the purpose of generating positive FEs. Using a sample of 6553 firm-years of companies that are listed in the NYSE between the years 2005–2010, the study determines that sell companies conduct income decreasing FM to generate positive FEs. However, the frequency of positive FEs of sell companies does not exceed that of buy companies. Using the efficiency perspective, the study suggests that even though buy and sell companies have immense motivation in avoiding negative FEs, they exploit different but efficient strategies, respectively, in order to meet forecasts. Furthermore, the findings illuminated the complexities behind informative and opportunistic forecasts that falls under the efficiency versus opportunistic theories in literature. PMID:24146741

  11. Modeling renewable energy company risk

    International Nuclear Information System (INIS)

    Sadorsky, Perry

    2012-01-01

    The renewable energy sector is one of the fastest growing components of the energy industry and along with this increased demand for renewable energy there has been an increase in investing and financing activities. The tradeoff between risk and return in the renewable energy sector is, however, precarious. Renewable energy companies are often among the riskiest types of companies to invest in and for this reason it is necessary to have a good understanding of the risk factors. This paper uses a variable beta model to investigate the determinants of renewable energy company risk. The empirical results show that company sales growth has a negative impact on company risk while oil price increases have a positive impact on company risk. When oil price returns are positive and moderate, increases in sales growth can offset the impact of oil price returns and this leads to lower systematic risk.

  12. New Product Development Based on Demand

    OpenAIRE

    Davis-Krook, Shelby

    2015-01-01

    The purpose of this thesis was to determine how to develop a new product based on demand within a target market for an international company. Specifically looking at developing a new product line in an already developed brand, Alpha Performance. The research I have conducted in the following topics may help Alpha Performance if they choose to use my findings to create a one of a kind woman’s clothing line based on the demands of the Finnish market: target market research, product demand rese...

  13. Computerized early warning tool for material demand forecast

    NARCIS (Netherlands)

    Zhang, Wei

    2007-01-01

    One way to manage the material flows in supply chain is based on the purchase orders and the demand forecast for the next company in the chain. ASML in Veldhoven is a world leader in manufacturing lithography systems for the semiconductor industry. Within the company, a SAP system supports the

  14. From health plan companies to international insurance companies: changes in the accumulation regime and repercussions on the healthcare system in Brazil

    Directory of Open Access Journals (Sweden)

    Ligia Bahia

    Full Text Available Abstract: The concentration and internationalization of health plan companies in Brazil gave them a clearly financial face. Based on the need to understand the health care industry's capital accumulation patterns, the current study examines health plan companies' expansion strategies through the classification of their supply and demand characteristics by recent historical periods and an analysis of recent shareholding trends in one of the leading corporations in the Brazilian health care industry. The 1960s to 2000s witnessed changes in the scale of demands for health plans and adherence by companies to long-term accumulation strategies. Beginning in the early 21st century, changes in the shareholding structures of the largest Brazilian company, consistent with the financialization of its accumulation regime, resulted in the rapid multiplication of its capital. Deepening segmentation of the health care system in a context marked by the downturn in the national economy challenges the preservation of public subsidies for private health plans.

  15. Interoperability of Demand Response Resources Demonstration in NY

    Energy Technology Data Exchange (ETDEWEB)

    Wellington, Andre

    2014-03-31

    The Interoperability of Demand Response Resources Demonstration in NY (Interoperability Project) was awarded to Con Edison in 2009. The objective of the project was to develop and demonstrate methodologies to enhance the ability of customer sited Demand Response resources to integrate more effectively with electric delivery companies and regional transmission organizations.

  16. Using simulation-based optimization to improve performance at a tire manufacturing company

    Directory of Open Access Journals (Sweden)

    Mohamad Darayi

    2013-04-01

    Full Text Available In this paper, a simulation optimization-based decision support tool has been developed to study the capacity enhancement scenarios in a tire manufacturing company located in Iran. This company is experiencing challenges in synchronizing production output with customer demand causing an unbalanced work-in-process (WIP inventory distribution throughout the tire manufacturing process. However, a new opportunity to increase the supplying of raw materials by fifty percent and increase the expected growth in market demand, necessitate this study of the current company situation. This research supported by the company, is to analyze whether the ongoing production logistics system can respond to the increased market demand, considering the raw material expansion. Implementation of a proposed hybrid push/pull production control strategy, together with the facility capacity enhancement options in bottleneck stations and/or heterogeneous lines within the plant, are investigated by the proposed simulation optimization methodology.

  17. THE PATH TOWARDS ACHIEVING A LEAN SIX SIGMA COMPANY USING THE EXAMPLE OF THE SHINWON COMPANY IN SERBIA

    Directory of Open Access Journals (Sweden)

    Srđan Mladenović

    2016-08-01

    Full Text Available In the last twenty years, many companies have realized that the demands of the global market, including more demanding and receptive customers, have set new standards for production flexibility. Gradual reduction of mass production, characteristic of a large number of companies, has opened space for the introduction of a new system which focuses exclusively on the customer. The customer-oriented system was created with the idea that process optimization would lead to the production of a relatively cheap product, delivered on time and with the best possible quality. Such a system is achieved by applying the Lean Six Sigma concept. The aim of this paper is to identify all of the defects that occur as losses and complicate the process of production in order to achieve the Lean Six Sigma level in the Shinwon Company. The original data from the Shinwon company were identified, collected and analyzed, using the methods and tools of the Lean Six Sigma concept (Process Mapping, 5S audit, Pareto diagram, Ishikawa diagram, Seven basic wastes and SPC analysis, in order to present the effectiveness of the quality management system and to evaluate the possibility of its continuous improvement.

  18. An automotive supply chain model for a demand-driven environment

    Directory of Open Access Journals (Sweden)

    Intaher M. Ambe

    2011-11-01

    Full Text Available The purpose of this article is to demonstrate the development of a supply chain model for the automotive industry that would respond to changing consumer demand. Now more than ever, businesses need to improve the efficiency of their supply chains in order to maintain a competitive advantage. The principles of lean manufacturing and just-intime (JIT inventory control that were renowned for helping companies like Toyota, Dell and Walmart to rise to the top of their respective industries are no longer adequate. Leading companies are applying new technologies and sophisticated analytics to make their supply chains more responsive to customer demand. This challenge is driven by fierce competition, fluctuating market demand and rising customer requirements that have led to customers becoming more demanding with increased preferences. The article is based on theoretical reviews and suggests guidelines for the implementation of an automotive supply chain model for a demand-driven environment.

  19. Demand management concept and tool in a dynamic context

    NARCIS (Netherlands)

    Liu, Ankun

    2008-01-01

    ChainScope B.V. is a startup company that develops supply chain optimization and planning software. The optimization software is currently based on the assumption of stationary demand. However, in real-life situation future demand is forecasted through a combination of time series analysis and human

  20. Attachment Security Balances Perspectives: Effects of Security Priming on Highly Optimistic and Pessimistic Explanatory Styles.

    Science.gov (United States)

    Deng, Yanhe; Yan, Mengge; Chen, Henry; Sun, Xin; Zhang, Peng; Zeng, Xianglong; Liu, Xiangping; Lye, Yue

    2016-01-01

    Highly optimistic explanatory style (HOES) and highly pessimistic explanatory style (HPES) are two maladaptive ways to explain the world and may have roots in attachment insecurity. The current study aims to explore the effects of security priming - activating supportive representations of attachment security - on ameliorating these maladaptive explanatory styles. 57 participants with HOES and 57 participants with HPES were randomized into security priming and control conditions. Their scores of overall optimistic attribution were measured before and after priming. Security priming had a moderating effect: the security primed HOES group exhibited lower optimistic attribution, while the security primed HPES group evinced higher scores of optimistic attribution. Furthermore, the security primed HOES group attributed positive outcomes more externally, while the security primed HPES group attributed successful results more internally. The results support the application of security priming interventions on maladaptive explanatory styles. Its potential mechanism and directions for future study are also discussed.

  1. Directions of improving information system of insurance company

    Science.gov (United States)

    Kaigorodova, G. N.; Mustafina, A. A.; Alyakina, D. P.

    2018-05-01

    The article presents a study of the information technologies impact on the insurance industry development. At present, any business, especially business in the field of financial intermediation, can count on maintaining its positions only as a technology company. For the insurance business it is now especially important. Other segments of the financial market - the stock and credit market - are actively developing and applying IT-technologies. The insurance business at present is getting opportunities for a technological breakthrough. There is a growing demand for traditional insurance products - property insurance, motor insurance, health insurance. There is a rapidly growing demand for life insurance and insurance against cyber risks. To implement insurance protection in new conditions, the insurance company should actively use information systems. The article presents a possible variant of systematization of the insurer's business processes within the information system of the insurance company.

  2. Using Adaptive Neural-Fuzzy Inference Systems (ANFIS for Demand Forecasting and an Application

    Directory of Open Access Journals (Sweden)

    Onur Doğan

    2016-06-01

    Full Text Available Due to the rapid increase in global competition among organizations and companies, rational approaches in decision making have become indispensable for organizations in today’s world. Establishing a safe and robust path through uncertainties and risks depends on the decision units’ ability of using scientific methods as well as technology. Demand forecasting is known to be one of the most critical problems in organizations.  A company which supports its demand forecasting mechanism with scientific methodologies could increase its productivity and efficiency in all other functions. New methods, such as fuzzy logic and artificial neural networks are frequently being used as a decision-making mechanism in organizations and companies recently.  In this study, it is aimed to solve a critical demand forecasting problem with ANFIS. In the first phase of the study, the factors which impact demand forecasting are determined, and then a database of the model is established using these factors. It has been shown that ANFIS could be used for demand forecasting.

  3. Influence of the demand information quality on planning process accuracy in supply chain. Case studies

    Directory of Open Access Journals (Sweden)

    Natalia Szozda

    2013-06-01

    Full Text Available Background: Identification and analysis of factors that affect the accuracy of demand planning process across the supply chain is one of the most important problems which influence the effectiveness of its material and information flows. Material and methods: On the basis of demand planning process investigation authors define the main elements affecting the right supply chain performance level and investigate the possible connections between demand information quality and demand planning process accuracy. Later, an overview of some recent developments in the analyzed research area is provided. Results: Based on the literature review, there is described the defined factors impact on the accuracy of demand plan in each echelon for case companies. There are considered three cases. The examples illustrate supply chains of different manufacturing companies. The focus is placed on demand planning across the supply chains. The issue of determining the accuracy of future sales plans in each echelon of supply chains and factors affecting it are raised. Taking into account the case companies demand planning process analyses, there are defined possible quality measures, that are possible to be used when forecasting the customer demand. Conclusions: One of the most important and difficult planning area in the companies is becoming planning demand. Errors in planning are reflected not just in the business resource planning but also in the entire supply chain. Presented cases show that many factors affect the proper demand planning process in the supply chain, like e.g.  information technologies, lead-time, or number of supplied materials. As it can be seen from the case studies, the model of collecting information from the market plays an important role in the demand planning process.

  4. In the shadow of the company : the VOC (Dutch East India Company) and its servants in the period of its decline (1740-1796)

    NARCIS (Netherlands)

    Nierstrasz, Jan Christiaan

    2008-01-01

    The relationship between the VOC (Dutch East India Company) and its servants fundamentally changed with its decline (1740-1796). The changing circumstances of the eighteenth century demanded too much of the VOC. The solution to these new demands was not sought in new capitalization from Europe, but

  5. Demand response in Indian electricity market

    International Nuclear Information System (INIS)

    Siddiqui, Md Zakaria; Maere d'Aertrycke, Gauthier de; Smeers, Yves

    2012-01-01

    This paper outlines a methodology for implementing cost of service regulation in retail market for electricity in India when wholesale market is liberalised and operates through an hourly spot market. As in a developing country context political considerations make tariff levels more important than supply security, satisfying the earmarked level of demand takes a back seat. Retail market regulators are often forced by politicians to keep the retail tariff at suboptimal level. This imposes budget constraint on distribution companies to procure electricity that it requires to meet the earmarked level of demand. This is the way demand response is introduced in the system and has its impact on spot market prices. We model such a situation of not being able to serve the earmarked demand as disutility to the regulator which has to be minimised and we compute associated equilibrium. This results in systematic mechanism for cutting loads. We find that even a small cut in ability of the distribution companies to procure electricity from the spot market has profound impact on the prices in the spot market. - Highlights: ► Modelling the impact of retail tariff in different states on spot prices of electricity in India. ► Retail tariffs are usually fixed below appropriate levels by states due to political reasons. ► Due to revenue constraint distribution utility withdraws demand from spot market in peak hours. ► This adversely affects the scarcity rent of generators and subsequently future investment. ► We show possibility of strategic behaviour among state level regulators in setting retail tariff.

  6. Marketing Strategy : Company X Entering the Australian Wine Market

    OpenAIRE

    Tsukrejev, Jaan

    2014-01-01

    The main objective of this thesis was to identify which marketing strategy is most effective for wine producing companies to enter and compete on the Australian wine market with excessive supply and diminishing demand. The purpose of the thesis was to create a marketing strategy for the commissioner, a case company, referred to as Company X for confidential reasons. Secondary research, predominantly based on marketing literature and governmental statistics, was conducted to create the th...

  7. Regional Differences in Demand for Coal as A Basis for Development of A Product Distribution Model for Mining Companies in the Individual Customers Segment

    Science.gov (United States)

    Magda, Roman; Bogacz, Paweł; Franik, Tadeusz; Celej, Maciej; Migza, Marcin

    2014-10-01

    The article presents a proposal of methodology based on the process of relationship marketing, serving to determine the level of demand for coal in the individual customer segment, as well as fuel distribution model for this customer group in Poland developed on the basis of this methodology. It also includes selected results of tests carried out using the proposed methods. These proposals have been defined on the basis of market capacity indicators, which can be determined for the district level based on data from the Polish Central Statistical Office. The study also included the use of linear programming, based on the cost of coal logistics, data concerning railway, road and storage infrastructure present on the Polish market and taking into account the legal aspects. The presented results may provide a basis for mining companies to develop a system of coal distribution management in the locations with the highest demand values.

  8. In demand

    Energy Technology Data Exchange (ETDEWEB)

    Coleman, B. [Bridgestone Ltd. (United Kingdom)

    2005-11-01

    The paper explains how good relationships can help alleviate potential tyre shortages. Demand for large dump truck tyres (largely for China) has increased by 50% within 12 months. Bridgestone's manufacturing plants are operating at maximum capacity. The company supplies tyres to all vehicles at Scottish Coal's opencast coal mines. Its Tyre Management System (TMS) supplied free of charge to customers helps maximise tyre life and minimise downtime from data on pressure, tread and general conditions fed into the hand-held TMS computer. 3 photos.

  9. Governance among Malaysian high performing companies

    Directory of Open Access Journals (Sweden)

    Asri Marsidi

    2016-07-01

    Full Text Available Well performed companies have always been linked with effective governance which is generally reflected through effective board of directors. However many issues concerning the attributes for effective board of directors remained unresolved. Nowadays diversity has been perceived as able to influence the corporate performance due to the likelihood of meeting variety of needs and demands from diverse customers and clients. The study therefore aims to provide a fundamental understanding on governance among high performing companies in Malaysia.

  10. Tax-free Transfer of Assets in Denmark to Foreign Companies

    DEFF Research Database (Denmark)

    Rønfeldt, Thomas; Werlauff, Erik

    2008-01-01

    The article analyses the Danish Act on transfer of a personally owned business to a private or public limited company. It is demonstrated that the demand in the Act that the transfer takes place to a company domiciled in Denmark, is contrary to EU law. The article further demonstrates how...... the transfer can take place, in conformity with EU law, to either a Danish company, or to a foreign company with a Danish branch, without losses for fiscus in Denmark...

  11. Integration of Individual Processes and Information Demand Patterns: A Conceptual Analysis

    Directory of Open Access Journals (Sweden)

    Michael Leyer

    2017-12-01

    Full Text Available Individuals need a variety of information when performing their personal processes. However, companies typically know little about the underlying individual demand patterns in these processes. Conceptualizing information demand patterns of individuals is expected to allow for using these as foundation to extend the traditional internal information logistic perspective of companies. Digital options could then be used to align individual and organizational information leading not only to new product and service offers, but also to new work structures in organizations. Thus, we extend prior literature regarding business process management and information logistics by highlighting how information demand patterns (IDP have to be adapted to individual processes. Our exploratory approach is to demonstrate conceptually the conditions and implications of individual IDPs.

  12. The business value of demand response for balance responsible parties

    OpenAIRE

    Jonsson, Mattias

    2014-01-01

    By using IT-solutions, the flexibility on the demand side in the electrical systems could be increased. This is called demand response and is part of the larger concept called smart grids. Previous work in this area has concerned the utilization of demand response by grid owners. In this thesis the focus will instead be shifted towards the electrical companies that have balance responsibility, and how they could use demand response in order to make profits. By investigating electrical applian...

  13. 1993 US petroleum engineering manpower supply and demand

    International Nuclear Information System (INIS)

    Wattenbarger, R.A.; Morriss, S.

    1994-01-01

    Each year, the SPE Manpower Committee reports on the results of petroleum engineering manpower supply and demand surveys to inform SPE members about hiring patterns of engineers in the petroleum industry and the supply of graduates from US petroleum engineering schools. The SPE Manpower Committee's US surveys show that large companies will decrease their hiring while small companies and service companies will increase their hiring of engineers. During 1992--93, only about 65% of graduating petroleum engineering students were known to have jobs. Another finding is that, overall, new US SPE membership is decreasing while non-US membership is increasing

  14. The role of internal audit in companies' risk management

    Directory of Open Access Journals (Sweden)

    Vlaović-Begović Sanja

    2012-01-01

    Full Text Available The internal audit area of application differs according to management needs and demands, as well as the structure and the size of a company. Besides examination of bookkeeping information, law synchronization check, criminal action and mistakes discoveries, internal audit is more and more directed towards risk management process in order to respond to the demands of uncertain business and to secure adequate business decisions making for management. This paper examines the role of internal audit in companies' risk management that is represented in examination and evaluation of risk management processes, with the aim of decreasing risk to an acceptable level for a company. Besides that, internal audit can support the management in configuration and establishing more efficient, improved risk management process. In order to ensure independence and objectiveness of internal audit operation, activities and responsibilities of management and internal audit are clearly defined.

  15. A Masters Programme in Telecommunications Management--Demand-Based Curriculum Design

    Science.gov (United States)

    Gharaibeh, Khaled M.; Kaylani, Hazem; Murphy, Noel; Brennan, Conor; Itradat, Awni; Al-Bataineh, Mohammed; Aloqlah, Mohammed; Salhieh, Loay; Altarazi, Safwan; Rawashdeh, Nathir; del Carmen Bas Cerdá, María; Conchado Peiró, Andrea; Al-Zoubi, Asem; Harb, Bassam; Bany Salameh, Haythem

    2015-01-01

    This paper presents a curriculum design approach for a Masters Programme in Telecommunications Management based on demand data obtained from surveying the needs of potential students of the proposed programme. Through online surveys disseminated at telecom companies in Jordan, it was possible to measure the demand for such a programme and to…

  16. Market design for rapid demand response

    DEFF Research Database (Denmark)

    Nielsen, Kurt; Tamirat, Tseganesh Wubale

    We suggest a market design for rapid demand response in electricity markets. The solution consists of remotely controlled switches, meters, forecasting models as well as a flexible auction market to set prices and select endusers job by job. The auction market motivates truth-telling and makes...... it simple to involve the endusers in advance and to activate demand response immediately. The collective solution is analyzed and economic simulations are conducted for the case of Kenya. Kenya has been su ering from unreliable electricity supply for many years and companies and households have learned...... to adjust by investments in backup generators. We focus on turning the many private backup generators into a demand response system. The economic simulation focuses on possible distortion introduced by various ways of splitting the generated surplus from the demand response system. An auction run instantly...

  17. DSM energy saving pilot project report. Company Augstceltne Ltd., Riga, Latvia

    Energy Technology Data Exchange (ETDEWEB)

    Krievins, P.; Cakuls, A.; Kaross, V.; Jansons, D.

    1995-05-01

    This report is a part of the Joint Latvian - Danish Project DEMAND SIDE MANAGEMENT AND ENERGY SAVING. The Project is a part of the Danish aid and technology transfer to Latvia. It is the result of collaborative efforts between a Latvian team, consisting of the specialists from Latvenergo and a Danish team, which was represented by Danish Power Consult. The purpose of this pilot project was not only to carry out energy audit in the company Augstceltne Ltd and propose demand side management and energy saving measures. Another task of the project was the application of DPC energy audit methodic, measuring equipment and software in Latvian conditions and the promotion of energy saving programs in Latvia in this way. The Company Augstceltne Ltd was created to rent the rest of premises for many other independent companys and to earn money for surviving. Now the Company has 9 buildings with a total area of 26,920 square meters. The tower block has 23 floors and it is the main business centre. 66 companies are located in the building. (EG)

  18. Using Soft OR in a small company- The case of Kirby

    DEFF Research Database (Denmark)

    Sørensen, Lene; Vidal, Rene Victor Valqui; E., Engstrom

    2004-01-01

    High demands are placed on traditional small companies to make technological adaptations and push forward global digital markets. For small companies, this is not a simple task: they lack knowledge about the technology options and on strategic management of information technology (IT). This paper...

  19. A Methodology for Reducing Bench Strength in Information Technology Companies

    Directory of Open Access Journals (Sweden)

    Boby John

    2015-07-01

    Full Text Available One of the major risks in information technology (IT project execution is the non-availability of resources with required skill sets to meet the project demands. To mitigate this risk, almost every IT organization maintains a portion of their resources on bench. The bench strength reduces the delay in starting the project due to the non-availability of skilled resources. But bench strength or buffer is cost to the company. A medium scale Indian IT company incurs around USD 142,347 monthly on maintaining the bench strength. Hence this study is undertaken to develop a methodology to reduce the bench strength in IT companies. The proposed methodology is to obtain an optimum mix of resources from bench and through recruitment to meet the demands at a minimum cost. This is done by formulating the problem as an integer programming problem. The problem aims to minimize the total cost of obtaining the skilled resources without violating the constraints on demand, bench strength availability and recruitment lead time. The problem can be solved using Microsoft excel solver function or any other optimization packages like CPLEX, Gurobi, etc. A case study on the application of proposed methodology is also discussed in the paper. The case study showed that the proposed methodology is superior to the existing practice of maintaining large bench strengths to meet the demands for resources with various skills.

  20. The Design of Integrated Logistics Management System of an Industrial Company

    Directory of Open Access Journals (Sweden)

    Hart Martin

    2017-01-01

    Full Text Available In the contemporary global business markets environment, when the business markets are getting more and more commercial, there are growing demand for effective management of material flows. The effectivity and effectiveness of planning, management and control the material flows across an industrial company and its distribution networks, represents one of the main pillar regarding the high level of competitive advantage within the frame of supply chains. Thus, the company information management system design should have also included a module of integrated logistics management system to ensure required level of material flow management effectivity and effectiveness. The article deals with brief description of the issues on company management, company information management systems and logistics management. Further it’s stated the methodology to created integrated logistics management system, which is containing the methodics to design logistics management sub-systems of purchasing, manufacturing, distribution and reverse material flows. The essential methodics of the stated methodology is the methodics to create independent demand forecasting sub-system.

  1. Job demand and job resources as predictors of absence duration and frequency

    NARCIS (Netherlands)

    Bakker, A.B.; Demerouti, E.; Boer, de E.; Schaufeli, W.B.

    2003-01-01

    This study among 214 nutrition production employees uses the Job Demands-Resources (JD-R) model to predict future company registered absenteeism. According to this model, job demands are primarily responsible for health impairment, whereas job resources lead primarily to increased motivation and

  2. Approaches of Russian oil companies to optimal capital structure

    Science.gov (United States)

    Ishuk, T.; Ulyanova, O.; Savchitz, V.

    2015-11-01

    Oil companies play a vital role in Russian economy. Demand for hydrocarbon products will be increasing for the nearest decades simultaneously with the population growth and social needs. Change of raw-material orientation of Russian economy and the transition to the innovative way of the development do not exclude the development of oil industry in future. Moreover, society believes that this sector must bring the Russian economy on to the road of innovative development due to neo-industrialization. To achieve this, the government power as well as capital management of companies are required. To make their optimal capital structure, it is necessary to minimize the capital cost, decrease definite risks under existing limits, and maximize profitability. The capital structure analysis of Russian and foreign oil companies shows different approaches, reasons, as well as conditions and, consequently, equity capital and debt capital relationship and their cost, which demands the effective capital management strategy.

  3. A Time Efficient Supply Chain Model for an Apparel Company

    OpenAIRE

    Gustafson, Annika; Ng, Sze Lit (Philip); von Schmiesing-Korff, Alice

    2005-01-01

    In most market places today competition has become stronger, not only between single companies but between networks of linked partners, known as supply chains. Consumer demands are changing more often and companies have to react quickly when new trends and consumer requirements appear, thus the competition becomes more time-sensitive. This is especially true in the apparel fashion industry because time is a crucial factor and can make the difference between the success or failure of a company...

  4. Demands on digital automation; Anforderungen an die Digitale Automation

    Energy Technology Data Exchange (ETDEWEB)

    Bieler, P.

    1995-12-31

    In chapter 12 of the anthology about building control the demands on digital automation are presented. The following aspects are discussed: variety of the companies` philosophies, demands of the customer/investor, demands of the use of buildings/rooms, the user, point of view of manufacturer of technical plants. (BWI) [Deutsch] Kapitel 12 des Sammelbandes ueber Building Control stellt die Anforderungen an die Digitale Automation vor. In diesem Zusammenhang wird auf folgende Themenbereiche eingegangen: Spektrum der Firmenphilosophien, Forderungen der Auftraggeber/Investoren, der Gebaeude-/Raumnutzung, der Betreiber sowie Sicht der Ersteller betriebstechnischer Anlagen. (BWI)

  5. The deployment of manufacturing flexibility as a function of company strategy

    Directory of Open Access Journals (Sweden)

    Carla Estorilio

    2013-08-01

    Full Text Available The flexibility is one of the priorities in manufacturing companies. However, the lack of guidelines for carrying out a critical analysis of the use of resources in manufacturing industry leads to a loss of process performance. This article describes a method to help companies identify the resources needed to provide manufacturing flexibility and meet the demands of their consumers while complying with company strategy. The literature related to flexibility is reviewed and a classification based on four levels is proposed: abilities, dimensions, elements and resources that provide flexibility. Based on this taxonomy and using the principles of QFD (Quality Function Deployment, a method is proposed that shows the correlation between these four levels, starting with customer demand and company strategy. The method was tested in an automobile manufacturing company, showing the applicability of the method. It highlighted the high degree of automation, which’s had serious problems related to restrictions on product mix. It can be inferred that this problem could be minimized by simplifying the tasks involved in the manufacture of car and by hiring more experienced, multi-skilled workers. The proposed method is different from those founded in the literature review because it deploys two levels more of flexibility, considering the QFD structure, and addresses strategic company issues.

  6. Demand-side management and demand response in the Ontario energy sectors

    International Nuclear Information System (INIS)

    2004-01-01

    A directive from the former Minister of Energy was received by the Ontario Energy Board (OEB), directing the Board to consult with stakeholders on options for the delivery of demand-side management (DSM) and demand response (DR) activities within the electricity sector, including the role of local distribution companies in such activities. The implementation costs were to be balanced with the benefits to both consumers and the entire system. The scope of the review was expanded by the Board to include the role of gas distribution companies in DSM. A consultation process was implemented and stakeholders were invited to participate. A series of recommendations was made, including: (1) a hybrid framework utilizing market-based and public-policy approaches should deliver DSM and DR activities in Ontario's energy markets, (2) DSM and DR activities should come under the responsibility of a central agency, (3) DSM and DR activities should be coordinated through cooperation between the Ministry of Energy, the Independent Electricity Market Operator (IMO) and the Ontario Energy Board, (4) regulatory mechanisms to induce gas distributors, electricity transmitters and electricity distributors to reduce distribution system losses should be put in place, (5) all electricity consumers should fund electricity DSM and some retail DR initiatives through a transparent, non-bypassable consumption charge, and (6) the Board should design, develop and deliver information to consumers regarding energy conservation, energy efficiency, load management, and cleaner sources of energy. refs., 4 figs

  7. Job demands, job resources and safety outcomes: The roles of emotional exhaustion and safety compliance.

    Science.gov (United States)

    Li, Feng; Jiang, Li; Yao, Xiang; Li, YongJuan

    2013-03-01

    The aim of this study was to assess the effectiveness of the job demands-resources (JD-R) model in explaining the relationship of job demands and resources with safety outcomes (i.e., workplace injuries and near-misses). We collected self-reported data from 670 crude oil production workers from three sub-companies of a major oilfield company in China. The results of a structural equation analysis indicated that job demands (psychological and physical demands) and job resources (decision latitude, supervisor support and coworker support) could affect emotional exhaustion and safety compliance, and thus influence the occurrence of injuries and near-misses. The implications of the present findings regarding both the JD-R model and occupational safety research were discussed. Copyright © 2012 Elsevier Ltd. All rights reserved.

  8. An Optimal and Distributed Demand Response Strategy for Energy Internet Management

    Directory of Open Access Journals (Sweden)

    Qian Liu

    2018-01-01

    Full Text Available This study proposes a new model of demand response management for a future smart grid that consists of smart microgrids. The microgrids have energy storage units, responsive loads, controllable distributed generation units, and renewable energy resources. They can buy energy from the utility company when the power generation in themselves cannot satisfy the load demand, and sell extra power generation to the utility company. The goal is to optimize the operation schedule of microgrids to minimize the microgrids’ payments and the utility company’s operation cost. A parallel distributed optimization algorithm based on games theory is developed to solve the optimization problem, in which microgrids only need to send their aggregated purchasing/selling energy to the utility company, thus avoid infringing its privacy. Microgrids can update their operation schedule simultaneously. A case study is implemented, and the simulation results show that the proposed method is effective and efficient.

  9. The multiple market-exposure of waste management companies: A case study of two Swedish municipally owned companies

    International Nuclear Information System (INIS)

    Corvellec, Hervé; Bramryd, Torleif

    2012-01-01

    Highlights: ► Swedish municipally owned waste management companies are active on political, material, technical, and commercial markets. ► These markets differ in kind and their demands follow different logics. ► These markets affect the public service, processing, and marketing of Swedish waste management. ► Articulating these markets is a strategic challenge for Swedish municipally owned waste management. - Abstract: This paper describes how the business model of two leading Swedish municipally owned solid waste management companies exposes them to four different but related markets: a political market in which their legitimacy as an organization is determined; a waste-as-material market that determines their access to waste as a process input; a technical market in which these companies choose what waste processing technique to use; and a commercial market in which they market their products. Each of these markets has a logic of its own. Managing these logics and articulating the interrelationships between these markets is a key strategic challenge for these companies.

  10. The future of national oil Companies of OPEC

    International Nuclear Information System (INIS)

    Subroto.

    1994-01-01

    OPEC countries are dependent on their National Oil Companies for international trade, economy, technology transfer and social planning. With low oil prices, increasing demand and worsened financial and economic status, time has come to give priority to two major issues necessary for health existence and growth of our national oil companies : cost reduction through the application of new technologies and less support from public funds ; planning for future markets beyond national borders, particularly developing countries. (Author)

  11. Mathematic simulation of mining company’s power demand forecast (by example of “Neryungri” coal strip mine)

    Science.gov (United States)

    Antonenkov, D. V.; Solovev, D. B.

    2017-10-01

    The article covers the aspects of forecasting and consideration of the wholesale market environment in generating the power demand forecast. Major mining companies that operate in conditions of the present day power market have to provide a reliable energy demand request for a certain time period ahead, thus ensuring sufficient reduction of financial losses associated with deviations of the actual power demand from the expected figures. Normally, under the power supply agreement, the consumer is bound to provide a per-month and per-hour request annually. It means that the consumer has to generate one-month-ahead short-term and medium-term hourly forecasts. The authors discovered that empiric distributions of “Yakutugol”, Holding Joint Stock Company, power demand belong to the sustainable rank parameter H-distribution type used for generating forecasts based on extrapolation of such distribution parameters. For this reason they justify the need to apply the mathematic rank analysis in short-term forecasting of the contracted power demand of “Neryungri” coil strip mine being a component of the technocenosis-type system of the mining company “Yakutugol”, Holding JSC.

  12. Happy oil companies

    International Nuclear Information System (INIS)

    Maincent, G.

    2009-01-01

    The decay of demand, the bad financial results of the first half of 2009 and the hypothetical depletion of reserves must not hide a reality: oil companies are passing through the economic crisis without much trouble. Even if profits have marked time in volume (-57% for BP, -65% for Shell..), the net margins have not significantly suffered and the available cash remains comfortable (14 billion euros for Total as an example). The perspectives offered by the new offshore sites (like Santos in Brazil) added to the fabulous promises of the Iraqi market where 'majors' can now make their come-back will be the key of success of oil companies. The overall exploration-production investments should start up again by the beginning of 2011. For the only offshore drilling domain, they should rise up by 32% during the 2009-2013 period which represents a sum of 367 billion dollars. (J.S.)

  13. The energy efficiency partnership - Kraft General Foods and Boston Edison Company

    International Nuclear Information System (INIS)

    Crowley, J.C.; Donoghue, J.P.

    1993-01-01

    During the past twenty years, inordinate shifts in the supply and demand of energy have forced both electric utility companies and their customers to investigate new and innovative ways to satisfy the ever increasing demand for electricity. The Energy Efficiency Partnership, developed between Kraft General Foods and Boston Edison Company, presents an exemplary study of how two corporate giants creatively solved the problem of uncontrolled energy costs and its positive effect on the overall operations of Kraft General Foods, Framingham. But the Energy Efficiency Partnership did more than reduce energy costs, it provided benefits to all parties on the playing field. To understand its significance, a review of the partnership's history is paramount. The first official announcement of the Energy Efficiency Partnership was made on April 9, 1990. Framingham, MA, The Commonwealth of Massachusetts Kraft General Foods Framingham, and Boston Edison Company have joined forces in a $3.6 million dollar energy partnership that will help keep 250 industrial jobs in Massachusetts and could lead to the future expansion of the international food company's Framingham facility

  14. The demand for electricity in Israel

    International Nuclear Information System (INIS)

    Beenstock, M.; Goldin, E.; Nabot, D.

    1999-01-01

    Quarterly data for Israel are used to compare and contrast three dynamic econometric methodologies for estimating the demand for electricity by households and industrial companies. These are the Dynamic Regression Model and two approaches to cointegration (OLS and Maximum Likelihood). Since we find evidence of seasonal unit roots in the data we also test for seasonal cointegration. We find that the scale elasticities are similar in all three approaches but the OLS price elasticities are considerably lower. Moreover, OLS suggests non-cointegration. The paper concludes by stochastically simulating the DRMs to calculate upside-risk in electricity demand. (Copyright (c) 1999 Elsevier Science B.V., Amsterdam. All rights reserved.)

  15. The demand for electricity in Israel

    Energy Technology Data Exchange (ETDEWEB)

    Beenstock, M. [Department of Economics, Hebrew University of Jerusalem, Mount Scopus, 91905 Jerusalem (Israel); Goldin, E.; Nabot, D. [EG Consulting, Hameasef 11, Jerusalem (Israel)

    1999-04-01

    Quarterly data for Israel are used to compare and contrast three dynamic econometric methodologies for estimating the demand for electricity by households and industrial companies. These are the Dynamic Regression Model and two approaches to cointegration (OLS and Maximum Likelihood). Since we find evidence of seasonal unit roots in the data we also test for seasonal cointegration. We find that the scale elasticities are similar in all three approaches but the OLS price elasticities are considerably lower. Moreover, OLS suggests non-cointegration. The paper concludes by stochastically simulating the DRMs to calculate upside-risk in electricity demand. (Copyright (c) 1999 Elsevier Science B.V., Amsterdam. All rights reserved.)

  16. Analyzing the Effect of Passenger-Requested Unscheduled Stops on Demand

    Directory of Open Access Journals (Sweden)

    Dejan Paliska

    2007-07-01

    Full Text Available This paper discusses the effect of unscheduled stops requestedby passengers on bus transit demand and presents theresults of its study. In the research a set of regression modelsthat estimate the route-level demand were developed using datacollected with Automatic Passenger Counters and AutomaticVehicle Location systems installed on buses, and demographic,socio-economic and land use information from other sources.The results obtained indicate that the number of rider-requestedunscheduled stops have no significant effect on demand,suggesting that the company policy which tolerates unscheduledstops is inadequate for attracting new riders.

  17. Demand-side management and demand response in the Ontario energy sectors

    International Nuclear Information System (INIS)

    2003-01-01

    In June 2003, the Ontario Energy Board was asked by the Minister of Energy to identify and review options for the delivery of demand-side management (DSM) and demand response (DR) activities within the electricity sector, by consulting with stakeholders. The role of local distribution company (distributor) in such activities was also to be determined. The objective was to balance implementation costs with the benefits to consumers and the entire system. The preliminary research and ideas were presented in this discussion paper. Definitions of both DSM and DR were provided, followed by an overview of economic theory and competitive markets. The framework for discussion was presented, along with a list of issues and other considerations. A spectrum of potential approaches to a DSM and DR framework was included and jurisdictional examples provided. A brief overview of the concept of load aggregation was presented and the next steps for consultations were outlined. 30 refs., 7 tabs

  18. Japan's big trading companies find themselves underemployed

    International Nuclear Information System (INIS)

    Coeyman, M.

    1992-01-01

    Japan's sogoshosha - its large trading companies - are fighting their way through an identity crisis. Originally established to help connect Japanese products and companies with offshore customers and a global market, the sogoshosha suddenly find that they are no longer in demand. The trading companies were originally intermediaries, says Yasunori Masuda, v.p. of Mitsui's chemical dividion (New York). But now we are less intermediaries and more organizers of joint ventures. Mitsubishi has a position in Saudi Arabia in methanol, ethylene glycol, and polyethylene (PE), currently being expanded. More recently the company teamed up with Pequiven, Venezuela's state-owned petrochemicals firm, on a 2,000-m.t./day methanol plant to be completed by the end of 1993 at Jose. Sone says Mitsubishi plans to market the methanol in the US Mitsubishi is also working on a feasibility study for a chlor-alkali/ethylene dichloride venture with Pequiven. Mitsubishi has jointed with five Japanese trading companies - Itochu, Marubeni, Mitsui, Sumitomo, and Nissho Iwai - to build a 450,000-m.t./year ethylene plant in China

  19. Can Reverse Innovation Accelerate the Growth of Global Companies?

    Directory of Open Access Journals (Sweden)

    Ahu Tuğba Karabulut

    2017-11-01

    Full Text Available The purpose of this paper is to explain the importance of reverse innovation for the growth of global companies. According to literature review, reverse innovation affects the growth of global companies both in developing and developed countries. Thus, it is suggested that global companies should open R&D centers in developing countries to conduct researches to tailor new products for their needs. When these products succeed, they can offer them to other developing and developed countries to continue to grow in the long run. They can fill out market niches which represent unmet demands of price sensitive and not wealthy customers in developing countries. It can be concluded that reverse innovation can accelerate the growth of global companies.

  20. Window-Based Popularity Caching for IPTV On-Demand Services

    OpenAIRE

    Hsuan Chiu; Chi-He Chang; Chao-Wei Tseng; Chi-Shi Liu

    2011-01-01

    In recent years, many telecommunication companies have regarded IP network as a new delivery platform for providing TV services because IP network is equipped with two-way and high-speed communication abilities which are appropriate to provide on-demand services and linear TV programs. However, in this IPTV system, the requests of VOD (video on demand) are usually aggregated in a short period intensively and user preferences are fluctuated dynamically. Moreover, the VOD content is updated fre...

  1. Implementation of participatory ergonomics intervention in construction companies

    NARCIS (Netherlands)

    Molen, H.F. van der; Sluiter, J.K.; Vink, P.; Hulshof, C.T.J.; Duivenbooden, C. van; Holman, R.; Frings-Dresen, M.H.W.

    2005-01-01

    Objectives The effectiveness of the implementation of participatory ergonomics intervention to reduce physical work demands in construction work was studied. Methods In a cluster randomized controlled trial, 10 bricklaying companies were randomly assigned either to an intervention group (N=5) or a

  2. Implementation of participatory ergonomics intervention in construction companies

    NARCIS (Netherlands)

    van der Molen, Henk F.; Sluiter, Judith K.; Hulshof, Carel T. J.; Vink, Peter; van Duivenbooden, Cor; Holman, Rebecca; Frings-Dresen, Monique H. W.

    2005-01-01

    Objectives The effectiveness of the implementation of participatory ergonomics intervention to reduce physical work demands in construction work was studied. Methods in a cluster randomized controlled trial, 10 bricklaying companies were randomly assigned either to an intervention group (N=5) or a

  3. Ranking water transparency of Dutch stock-listed companies

    NARCIS (Netherlands)

    Linneman, Marissa H.; Hoekstra, Arjen Ysbert; Berkhout, Wouter

    2015-01-01

    A growing world population, changing consumption patterns and climate change are affecting water demands, water scarcity and water quality worldwide, while at present, few companies are incorporating good water stewardship. In order to create awareness on this issue and provide an incentive for

  4. Identification of complexity cost factors in manufacturing companies

    DEFF Research Database (Denmark)

    Myrodia, Anna; Hvam, Lars

    2015-01-01

    Complexity tends to be arguably the biggest challenge of manufacturing companies. As the demand from the customers increases in volume and diversity, the number of finished products and components increases as well. This increasing product complexity has a direct effect on the production processes....... This research focuses on the relation between product and process complexity. Complexity cost factors are identified and categorized under the industrial standard APQC for process classification. Then, this categorization is used as a tool for identification of complexity cost factors in seven companies...

  5. Outlook of Japan's economy and energy demand for FY2017

    International Nuclear Information System (INIS)

    Aoshima, Momoko; Yorita, Y.; Tsunoda, M.

    2017-01-01

    This paper disclosed the prospects of Japan's economy and energy demand as the standard scenario, with the following major preconditions in mind: (1) world economy grows moderately, (2) supply and demand of crude oil are gently balanced, (3) exchange rate is Yen110/$, (4) nuclear power generation gradually moves back to operation, and the number of cumulative reopening units until the end of FY2017 reaches 14, and (5) supply and demand of electric power can secure 3% supply reserve ratio necessary for stable supply of electricity nationwide. In addition, this paper carried out evaluation analyses on the following various influences: macro economy, production activity, primary energy domestic supply, final energy consumption, electricity sales volume and power source composition (electric power companies), city gas sales volume (gas companies), fuel oil and LPG sales volume and crude oil throughput, renewable energy power generation, impact of nuclear power plant restart base, income/expenditure for on renewable energy generation, and impact of realization of large scale coal thermal power plant plan. (A.O.)

  6. Solid construction waste management in large civil construction companies through use of specific software - case study

    OpenAIRE

    Caio Dalla Zanna; Fernando Fernandes; José Carlos Gasparine

    2017-01-01

    In the current construction market there is a high demand for sustainability. In addition to that the Brazilian government is enacting tougher and tougher legislation on the disposal of solid construction waste. These demands increasingly make the construction company responsible for the entire lifecycle of its waste as well as the accompanying cost and environmental impact of solid waste. A software program was used in the research which allows construction companies gather information about...

  7. The multiple market-exposure of waste management companies: A case study of two Swedish municipally owned companies

    Energy Technology Data Exchange (ETDEWEB)

    Corvellec, Herve, E-mail: herve.corvellec@ism.lu.se [Department of Service Management, Lund University, Campus Helsingborg, PO Box 882, SE-251 08 Helsingborg (Sweden); Bramryd, Torleif [Department of Environmental Strategy, Lund University, Campus Helsingborg, PO Box 882, SE-251 08 Helsingborg (Sweden)

    2012-09-15

    Highlights: Black-Right-Pointing-Pointer Swedish municipally owned waste management companies are active on political, material, technical, and commercial markets. Black-Right-Pointing-Pointer These markets differ in kind and their demands follow different logics. Black-Right-Pointing-Pointer These markets affect the public service, processing, and marketing of Swedish waste management. Black-Right-Pointing-Pointer Articulating these markets is a strategic challenge for Swedish municipally owned waste management. - Abstract: This paper describes how the business model of two leading Swedish municipally owned solid waste management companies exposes them to four different but related markets: a political market in which their legitimacy as an organization is determined; a waste-as-material market that determines their access to waste as a process input; a technical market in which these companies choose what waste processing technique to use; and a commercial market in which they market their products. Each of these markets has a logic of its own. Managing these logics and articulating the interrelationships between these markets is a key strategic challenge for these companies.

  8. Designing Pareto-superior demand-response rate options

    International Nuclear Information System (INIS)

    Horowitz, I.; Woo, C.K.

    2006-01-01

    We explore three voluntary service options-real-time pricing, time-of-use pricing, and curtailable/interruptible service-that a local distribution company might offer its customers in order to encourage them to alter their electricity usage in response to changes in the electricity-spot-market price. These options are simple and practical, and make minimal information demands. We show that each of the options is Pareto-superior ex ante, in that it benefits both the participants and the company offering it, while not affecting the non-participants. The options are shown to be Pareto-superior ex post as well, except under certain exceptional circumstances. (author)

  9. Report of the advisory group on demand-side management and demand response in Ontario in response to the Minister's directive to the Ontario Energy Board

    International Nuclear Information System (INIS)

    2003-01-01

    The Ontario Energy Board was directed in June 2003 to consult with stakeholders to identify and review options for the delivery of demand-side management (DSM) and demand response (DR) activities within the electricity sector, including the role of local distribution companies (distributors) in such activities. A total of 118 stakeholders participated in the consultation process, and 31 representatives from all sectors were then invited to take part in an advisory working group to develop options to be considered by the Board when preparing the recommendations to the Minister. This report presents a consolidation of the Group's working documents and the results of deliberations both as a unit and in small groups. The best way to present the many newly developed models was as a single Central Agency model demonstrating variations in the role of the Central Agency and other players in the electricity market. The paper was divided into the following six sections: introduction; market issues; demand response framework option; central agency framework-alternative models; Ontario Energy Board-wires companies DSM framework; and, general issues

  10. Forecasting demand for single-period products : A case study in the apparel industry

    NARCIS (Netherlands)

    Mostard, Julien; Teunter, Ruud; de Koster, Rene

    2011-01-01

    The problem considered is that of forecasting demand for single-period products before the period starts. We study this problem for the case of a mail order apparel company that needs to order its products pre-season. The lack of historical demand data implies that other sources of data are needed.

  11. Accumulative job demands and support for strength use: Fine-tuning the job demands-resources model using conservation of resources theory.

    Science.gov (United States)

    van Woerkom, Marianne; Bakker, Arnold B; Nishii, Lisa H

    2016-01-01

    Absenteeism associated with accumulated job demands is a ubiquitous problem. We build on prior research on the benefits of counteracting job demands with resources by focusing on a still untapped resource for buffering job demands-that of strengths use. We test the idea that employees who are actively encouraged to utilize their personal strengths on the job are better positioned to cope with job demands. Based on conservation of resources (COR) theory, we hypothesized that job demands can accumulate and together have an exacerbating effect on company registered absenteeism. In addition, using job demands-resources theory, we hypothesized that perceived organizational support for strengths use can buffer the impact of separate and combined job demands (workload and emotional demands) on absenteeism. Our sample consisted of 832 employees from 96 departments (response rate = 40.3%) of a Dutch mental health care organization. Results of multilevel analyses indicated that high levels of workload strengthen the positive relationship between emotional demands and absenteeism and that support for strength use interacted with workload and emotional job demands in the predicted way. Moreover, workload, emotional job demands, and strengths use interacted to predict absenteeism. Strengths use support reduced the level of absenteeism of employees who experienced both high workload and high emotional demands. We conclude that providing strengths use support to employees offers organizations a tool to reduce absenteeism, even when it is difficult to redesign job demands. (c) 2016 APA, all rights reserved).

  12. Creative Economy as Applied to Information Technology (IT Companies

    Directory of Open Access Journals (Sweden)

    Leonardo Fabris Lugoboni

    2014-06-01

    Full Text Available This research addresses creative economy, wherein creative industries are deemed amongst the economy's most dynamic sectors and are characterized as being those that highly prize intellectual capital, invest in technology and innovation. Collectively, these in turn offer individuals, businesses and cities opportunities to generate economic growth and development. The study herein presented sought to examine the application of creative economy at information technology companies. To this effect, IT professionals and others who work at large technology companies were interviewed so as to identify creative economy characteristics at companies comprised by this specific economic sector. Findings enabled the conclusion that creative economy is effectively present in IT companies´ day-to-day routines since the former is reportedly a sector that features a high degree of both dynamism and constant change, whereby creative economy characteristics help companies innovate whilst simultaneously hallmarks as being extremely demanding.

  13. Water demand forecasting: review of soft computing methods.

    Science.gov (United States)

    Ghalehkhondabi, Iman; Ardjmand, Ehsan; Young, William A; Weckman, Gary R

    2017-07-01

    Demand forecasting plays a vital role in resource management for governments and private companies. Considering the scarcity of water and its inherent constraints, demand management and forecasting in this domain are critically important. Several soft computing techniques have been developed over the last few decades for water demand forecasting. This study focuses on soft computing methods of water consumption forecasting published between 2005 and 2015. These methods include artificial neural networks (ANNs), fuzzy and neuro-fuzzy models, support vector machines, metaheuristics, and system dynamics. Furthermore, it was discussed that while in short-term forecasting, ANNs have been superior in many cases, but it is still very difficult to pick a single method as the overall best. According to the literature, various methods and their hybrids are applied to water demand forecasting. However, it seems soft computing has a lot more to contribute to water demand forecasting. These contribution areas include, but are not limited, to various ANN architectures, unsupervised methods, deep learning, various metaheuristics, and ensemble methods. Moreover, it is found that soft computing methods are mainly used for short-term demand forecasting.

  14. Motives for Corporate Social Responsibility in Chinese Food Companies

    Directory of Open Access Journals (Sweden)

    Dongyong Zhang

    2018-01-01

    Full Text Available This paper explores the connection between corporate social responsibility (CSR and food safety and how best to promote CSR in Chinese food companies by comparing two groups of food companies, one which had food safety incidents in the previous three years and one which had no food safety incidents during the same period. Managers of 498 food companies in 17 regions of China were surveyed. It was found that companies where the senior management gave higher levels of support and commitment to CSR and companies that had higher levels of CSR engagement had lower food safety incident rates. Motives for CSR engagement by food companies are the expected benefits that might accrue to the company including helping to achieve strategic objectives, improving daily management, ensuring food safety, improving internal cooperation, enhancing food quality, improving employees’ skills at work, increasing employee benefit and improving their morale, and maintaining business integrity. It was also found that the external factors for CSR engagement are consumer demand, as well as pressures from the government and from other companies in the supply chain. Finally, the paper makes a number of suggestions for improvements in policy.

  15. From demand side management (DSM) to energy efficiency services: A Finnish case study

    International Nuclear Information System (INIS)

    Apajalahti, Eeva-Lotta; Lovio, Raimo; Heiskanen, Eva

    2015-01-01

    Energy conservation is expected to contribute significantly to climate change mitigation and energy security. Traditionally, energy companies have had strong role in providing Demand Side Management (DSM) measures. However, after energy market liberalization in Europe, energy companies' DSM activities declined. In response, the EU issued Directive (2006/32/EC) on energy end-use efficiency and energy services (ESD) to motivate energy companies to promote energy efficiency and conservation, closely followed by Directive (2012/27/EU) on energy efficiency (EED), requiring the setting up energy efficiency obligation schemes. Despite strong political and economic motivation, energy companies struggle to develop energy efficiency services in liberalised energy markets due to conflicting institutional demands, which arise from contradicting policy requirements and customer relations. The main challenges in developing new innovative energy efficiency services, evidenced by an in-depth case study, were (1) the unbundling of energy company operations, which makes it difficult to develop services when the contribution of several business units is required and (2) the distrust among energy end-users, which renders the business logic of energy saving contract models self-contradictory. On the basis of the research, avenues out of these dilemmas are suggested. -- Highlights: •Energy companies struggle to become energy service provides •We explore the development of new energy saving business solutions •Dispersed organisational structure leaves energy saving business as isolated function •Strong consumer scepticism towards energy companies as providers of energy saving •More emphasis on the changing company-customer relationship is needed

  16. Optimization of Inventories for Multiple Companies by Fuzzy Control Method

    OpenAIRE

    Kawase, Koichi; Konishi, Masami; Imai, Jun

    2008-01-01

    In this research, Fuzzy control theory is applied to the inventory control of the supply chain between multiple companies. The proposed control method deals with the amountof inventories expressing supply chain between multiple companies. Referring past demand and tardiness, inventory amounts of raw materials are determined by Fuzzy inference. The method that an appropriate inventory control becomes possible optimizing fuzzy control gain by using SA method for Fuzzy control. The variation of ...

  17. Impact of Corporate Governance on Diversification in Finance Companies: Evidence from Malaysia

    OpenAIRE

    KALLAMU, Basiru Salisu

    2016-01-01

    Abstract. The board of directors performs a very important role in formulating and monitoring the strategy of a company. Recent development in technology and the change in business environment as well as change in the nature of demand by customers has necessitated the change in the products and services offered by finance companies. Based on data from finance companies listed on Bursa Malaysia over the period 2007 to 2011 this paper examined the impact of board attributes and ownership struct...

  18. Making Your Way in a Company

    Science.gov (United States)

    Nowakowski, Christine

    You've worked hard in school and now you find yourself starting your career in industry. The beautiful thing about food science is that you can come from a variety of disciplines with one common thread, an interest in food. Unfortunately, that is precisely the challenge I have trying to describe a typical job in the food industry to you. Food science is a catch-all for engineering, biotechnology, chemistry, material science, microbiology, and law among other things. This diversity allows food scientists to fit in a company in a variety of positions within quality and regulatory and research and development (R&D). No matter where you work, government or industry, large or small company, you will require interpersonal skills and technical excellence in order to succeed. In general, the demands of a full-time job require skills that are not taught in college and how well you handle the demands of the job strongly influence one's personal sense of accomplishment and life balance. It is critical to build in external input to maintain perspective and clearly see the next steps in your career. Here are some things to consider as you start out in your career.

  19. Millennium bim managing growing demand

    OpenAIRE

    Lopes, Francisca Barbosa Malpique de Paiva

    2014-01-01

    Millennium bim, the Mozambican operation of Millennium bcp group, was the Company selected to serve as background for the development of a teaching case in Marketing. This case is followed by a teaching note, and is intended to be used as a pedagogical tool in undergraduate and/or graduate programs. Even though Mozambique is still characterized by high financial exclusion, the number of people entering within the banking industry has been growing at a fast pace. Actually, the demand for fi...

  20. Comparison of Poly Aluminum Chloride and Chlorinated Cuprous for Chemical Oxygen Demand and Color Removal from Kashan Textile Industries Company Wastewater

    Directory of Open Access Journals (Sweden)

    Hoseindoost Gh.1 MSPH,

    2016-08-01

    Full Text Available Aims Textile wastewaters are the most important health and environmental problems in Kashan. This research was aimed to compare the poly aluminum chloride and chlorinated cuprous efficiency for removal of Chemical Oxygen Demand (COD and color from Kashan Textile Industries Company wastewater. Materials & Methods This experimental bench scale study in a batch system was conducted on 20 composed wastewater samples collected from Kashan Textile Industries Company raw wastewater. During 5 months, in the beginning of every week a day was selected randomly and in the day a composed sample was taken and studied. PAC at the doses of 10, 20, 30, 40 and 50mg.l-1 and chlorinated cuprous at the doses of 100, 200, 300, 400 and 500mg.l-1 were applied. The optimum pH also optimum concentration of PAC and chlorinated cuprous were determined using Jar test. The data was analyzed by SPSS 16 using descriptive statistics and Fisher Exact test. Findings The average concentration of COD in the raw textile wastewater was 2801.56±1398.29mg.l-1. The average COD concentration has been decreased to 1125.47±797.55mg.l-1. There was a significant difference between the effects of these two coagulants efficiency (p<0.05. The average COD removal efficiency for chlorinated cuprous and PAC was 58.52% and 72.56%, respectively. Also, the average color removal efficiency by chlorinated cuprous and PAC were 17.23 and 64.45%, respectively. Conclusion PAC is more efficient than chlorinated cuprous for both COD and color removal from KTIC wastewater.

  1. Analysis of carbon emission regulations in supply chains with volatile demand.

    Science.gov (United States)

    2014-07-01

    This study analyzes an inventory control problem of a company in stochastic demand environment under carbon emissions : regulations. In particular, a continuous review inventory model with multiple suppliers is investigated under carbon taxing and ca...

  2. Demand, deregulation may attract more refiners to Asia

    International Nuclear Information System (INIS)

    Rhodes, A.K.

    1995-01-01

    As a result of rapidly increasing demand, major oil companies are eyeing Asian oil and gas markets more closely than ever. Higher earnings can be expected there than in the US or Europe, where product markets--especially light products--are expected to tighten long-term. Of the nations with growing requirements for refined products, China and India offer greater opportunity for foreign investors to enter downstream projects. Also offering excellent business prospects are Thailand, Malaysia, and Indonesia. The paper discusses oil demand, products, refining capacity, and capacity additions in Japan, South Korea, Taiwan, Singapore, India, Indonesia, Malaysia, and China

  3. Business Process Modelling in Demand-Driven Agri-Food Supply Chains

    NARCIS (Netherlands)

    Verdouw, C.N.; Beulens, A.J.M.; Trienekens, J.H.; Wolfert, J.

    2010-01-01

    Agri-food companies increasingly participate in demand-driven supply chains that are able to adapt flexibly to changes in the marketplace. The objective of this presentation is to discuss a process modelling framework, which enhances the interoperability and agility of information systems as

  4. The determining factors of natural gas demand in domestic sector

    International Nuclear Information System (INIS)

    Cadoret, I.

    1992-01-01

    Natural gas plays an important role in domestic sector. For example, in France, Italy, Germany and United-Kingdom the natural gas share in energy demand of domestic sector is respectively 26%, 44%, 34% and 63%. A study of energy policies, natural gas industry structure and tarification system of this four countries indicates that gas development is linked to the government and petroleum companies policy. Econometric models estimation show by another way that when natural gas is introduced in domestic sector, the demand follows the distribution network. When the market is saturated, the demand changes with energy price and household income. 8 refs., 2 tabs., 5 figs

  5. A demand for genuine CSR : a case study of two scandinavian companies

    OpenAIRE

    Dahle, Malin Austrheim

    2010-01-01

    This study aims to shed new light on Corporate Social Responsibility (CSR) by developing tools and concepts that can be fruitful in analysing a company's CSR practice by distinguishing between different dimensions of CSR. Of particular interest is the distinction between instrumental and genuine CSR. Four dichotomous concepts, or dimensions, will be identified: weak - strong, strategic - genuine, narrow - broad and PR profile - No PR profile. In order to demonstrate the practical relevance of...

  6. CEMENT TRANSPORTATION LIMITED-FLEET MODELING AND ASSIGNING TO RATED DEMANDS

    Directory of Open Access Journals (Sweden)

    Narjes MASHHADI BANDANI

    2017-04-01

    Full Text Available Transportation is an inseparable part of the supply chain, with a key role in product distribution. This role is highlighted when ratio of “the cost of transportation” to “the value of goods” such as cement is significant. Iran has recently become one of the main centers of cement production in the world. However, transportation is the most important challenge in cement distribution because of weak structure of the transportation fleet and its independent action. Independence of and lack of commitment on the part of transportation fleets to cement companies as well as lack of timely delivery due to shortage of transportation in some routes and seasons lead to customers` dissatisfaction and even market loss or lack of market development. One of the significant differences between the transportation system in Iran and that in developed countries is lack of complete productivity of the transportation fleet. It means that trucks are driver-based in Iran. This paper introduces a model considering some issues such as driver-based trucks, size of the transportation fleet based on the number of active trucks, and demand priorities in the cement company. Taking the relation between the number of active trucks and the cement company into account, this model assigns weekly demands to the transportation fleet. It also tries to minimize the delay to respond to demands and increases the efficiency of the transportation fleet. Finally, this current condition-based model is compared with two other models including “no constraints on different routes of trucks” as well as single-route model for trucks.

  7. Demand chain management – The implementation

    Directory of Open Access Journals (Sweden)

    D Ericsson

    2011-12-01

    Full Text Available Most current supply chain models were developed during a period of relative stability. Today, the environment is discontinuous, volatile and unpredictable. This requires a major rethinking and revitalisation of existing supply chain models. Supply chains are much more than warehouses, transportation and technology, they are people powered and have to be treated as social and political as well as economic and technical systems.The most difficult yet challenging and rewarding factor is the change of mindset from approaches based on the old industrial paradigm to the new knowledge oriented paradigm. From "one size fits all" to customisation and buyer behaviour oriented segmentation based on structural flexibility. The new approach requires a change of processes and management systems, but most of all, a change of mindset, organisation structure and behaviour.This may create internal resistance that has to be overcome to reach the desired future state. This future state is highly dependent on cooperation and consensus with external companies, and the next step is therefore to extend the alignment approach to the chosen partners in the demand chain. The development towards channel rather than company competition requires an interorganisational approach to channel design. Internal alignment and cooperation is necessary but not sufficient, which means that an agile and dynamically aligned demand chain has to be created.All this is well known and documented in both research and theory. However, the challenge is to implement these theories, models and behaviour in practice. This paper presents one practical approach to implementation of the theories put forth by Ericsson [Ericsson D, 2011, Demand chain management - The evolution, ORiON, 27(1, pp. 45-81.].

  8. Marketing Communication Strategies of the Industrial Companies

    Directory of Open Access Journals (Sweden)

    Wojciech Wodyński

    2007-07-01

    Full Text Available Industrial market, created by companies, which buy and sell goods which are not directly for consumption, but are used in production process, communicates with the environment in a specific way. Many industrial companies supply only the customers of non consumption goods market and hence they do not enter into direct contact with a final consumer. In such cases recognizing the customers needs is even more difficult. Such environment requires efficiently functioning and planned communication of the company with the market. This study presents methods and strategies of marketing communication really used in industrial companies. While analysing marketing strategies of industrial companies, the author draws the attention to the fact that even though there was system transformation, the state still has significant impact on functioning and development of industry and that in a way directs and created barriers in companies functioning. Such conditions force even more active marketing communication as well as searching new solutions. As there are more and more sophisticated marketing techniques related to digital media, there is also a growing demand for strategic solutions in marketing communication. Digital media, first of all the Internet, provide so far unavailable possibilities of researching consumers behaviours and ways of using media. They also give a chance to follow the behaviour of smaller, unique and often social groups of consumers.

  9. Impact of M&A on the Employment in Japanese Companies

    OpenAIRE

    Hiroyuki Taguchi; Taichi Yanagawa; Masashi Harita

    2012-01-01

    With utilizing Financial Statements Statistics of Corporation by Industry, we analyzed the impact of M&A on the employment in Japanese companies. In this study, the impact of M&A on the employment was extracted by developing panel data for fiscal year 1995 to 2008 targeting 9,880 sample companies including 3,697 cases of M&A to estimate a labor demand model. Major findings of the study are described below. First, dynamically positive effect was confirmed mainly in the manufacturing industry a...

  10. Innovative Strategies Development of the Company in Terms of Global Competition

    OpenAIRE

    Radu Riana Iren; Necsulescu Ecaterina

    2011-01-01

    Blue ocean strategy challenges companies to emerge in the middle of the fierce competition that is by creating undisputed market areas which result in competition to become irrelevant. Only, instead of dividing the existing market demand, blue ocean strategy refers to a growing demand and to eliminate competition. Blue Ocean opportunities have always existed and have been explored as the universe expanded business. This expansion is the foundation of economic growth.

  11. Technology Transfer Opportunities: On-Demand Printing in Support of National Geospatial Data

    Science.gov (United States)

    ,

    1997-01-01

    The U.S. Geological Survey (USGS) and the 3M Company of St. Paul, Minnesota, have entered into a cooperative research and development agreement (CRADA) to investigate maps-on-demand technology to support the production of USGS mapping products. The CRADA will potentially help the USGS to develop on-demand alternatives to lithographic maps and help 3M to develop a series of commercial instant map-printing systems.

  12. Development of climate change scenarios to evaluate the impacts of temperature change on the energy demand in south of Quebec

    International Nuclear Information System (INIS)

    Chamount, D.

    2008-01-01

    'Full text': In year 2000, Hydro-Quebec Distribution began to integrate temperature change in the planning of Quebec energy demand. With the evolution of knowledge in climate change science and the availability of larger ensemble of climate projections from GCMs (Global Climate Model), the methodology has progressively improved and uncertainties are now more efficiently taken into account. Inclusion of temperature evolution in the estimation of energy demand covers two issues : 1) the adjustment of climate normals as reference values and 2) integration of the climate change scenario in long term planning (horizon 2040). Recently, the analysis of an ensemble of climate simulations produced from 17 different GCMs forced by 3 emissions scenarios for a total of 39 projections, enabled these two aspects to be effectively addressed. Following the analysis the use of linear temperature increase on a monthly basis is recommended for the needs of addressing climate change impacts on energy demand. Higher slope values are obtained during winter while lower ones are present in summer. Heating and cooling degree days have then been calculated for an optimistic, median and pessimistic climate change scenario to evaluate economic impacts of temperature change on three energy sources: hydro-power, natural gas and heating oil. The evaluation was carried out taking into account not only the temperature change scenario but demographical and economical scenarios as well. Obviously, temperature increase will cause opposite effects for the winter and summer seasons (reducing energy demand for heating purpose during winter while increasing cooling demand during summer). However, comparing energy sources, combustibles might see a more important decrease than hydro-power. Overall, the net effect of temperature change on energy demand is quite small: a reduction of 2 to 3% is projected. (author)

  13. Power plant site evaluation, electric energy demand forecasts - Douglas Point Site. Volume 3. Final report

    International Nuclear Information System (INIS)

    Wilson, J.W.

    1975-07-01

    This is part of a series of reports containing an evaluation of the proposed Douglas Point nuclear generating station site located on the Potomac River in Maryland 30 miles south of Washington, D.C. This report contains chapters on the Potomac Electric Power Company's market, forecasting future demand, modelling, a residential demand model, a nonresidential demand model, the Southern Maryland Electric Cooperative Model, short term predictive accuracy, and total system requirements

  14. Demand forecast of turbines in the offshore wind power industry

    DEFF Research Database (Denmark)

    Martinez-Neri, Ivan

    2014-01-01

    How important is it for a manufacturing company to be able to predict the demand of their products? How much will it lose in inventory costs due to a bad forecasting technique? And what if the product in question is composed of more than 100,000 parts and costs millions of euros a piece......? This article summarises the reasoning followed by a European manufacturer to determine the demand curve of finished offshore wind turbines and how to forecast it for the purpose of production planning....

  15. DESIGNING A MODEL OF CUSTOMER RELATIONSHIP MANAGEMENT FOR A MOBILE PHONE COMPANY

    OpenAIRE

    BRUTU MĂDĂLINA; MIHAI DANIELA MELANIA

    2015-01-01

    Customer relationship management refers to establishing, maintaining, developing and optimizing the relations between an organization and its customers and focuses on understanding and meeting its customers’ wishes and demands, the core items of the business strategy of any performant company. This paper aims at designing and testing a model of customer relationship management applicable within a mobile phone company. Starting from this purpose, the main objectives of the research were: prese...

  16. U.S., Canadian pipelines producers lining up to meet Mexican gas demand growth

    International Nuclear Information System (INIS)

    Koen, A.D.

    1992-01-01

    This paper reports on prospects for continued strong growth in Mexican demand for natural gas imports that have U.S. and Canadian producers and pipelines queueing up to serve expected demand. In 1991, more than 25 U.S. companies exported a combined 61.7 bcf of gas into Mexico, an increase of more than 390% from 1990's total of 15.7 bcf. According to the Department of Energy Office of Fuels Programs (OFP), about 27.5 bcf of gas left the U.S. for Mexico in fourth quarter 1991 alone, an average 299 MMcfd. DOE has granted short term authorization to more than 65 countries to export gas into Mexico. Another 25 companies have short term export applications pending

  17. Company of the month: French EDF opts for nuclear power

    International Nuclear Information System (INIS)

    Jansen, Siw Linnea

    2006-01-01

    EDF is Europe's largest power company with 640 TWh produced in 2005 and 36,7 million customers in Europe. On a global scale the company has more than 40 million customers. EDF has significant positions in the four big energy markets in Europe: Germany, France, Great Britain and Italy. EDF has an ambitious investment program in the area of nuclear power, and holds that increased investments in this sector is the best and most beneficial way of keeping up with Europe's increasing energy demand (ml)

  18. Modeling and forecasting of electrical power demands for capacity planning

    International Nuclear Information System (INIS)

    Al-Shobaki, S.; Mohsen, M.

    2007-01-01

    Jordan imports oil from neighboring countries for use in power production. As such, the cost of electricity production is high compared to oil producing countries. It is anticipated that Jordan will face major challenges in trying to meet the growing energy and electricity demands while also developing the energy sector in a way that reduces any adverse impacts on the economy, the environment and social life. This paper described the development of forecasting models to predict future generation and sales loads of electrical power in Jordan. Two models that could be used for the prediction of electrical energy demand in Amman, Jordan were developed and validated. An analysis of the data was also presented. The first model was based on the levels of energy generated by the National Electric Power Company (NEPCO) and the other was based on the levels of energy sold by the company in the same area. The models were compared and the percent error was presented. Energy demand was also forecasted across the next 60 months for both models. Results were then compared with the output of the in-house forecast model used by NEPCO to predict the levels of generated energy needed across the 60 months time period. It was concluded that the NEPCO model predicted energy demand higher than the validated generated data model by an average of 5.25 per cent. 8 refs., 5 tabs., 15 figs

  19. Modeling and forecasting of electrical power demands for capacity planning

    Energy Technology Data Exchange (ETDEWEB)

    Al-Shobaki, S. [Hashemite Univ., Zarka (Jordan). Dept. of Industrial Engineering; Mohsen, M. [Hashemite Univ., Zarka (Jordan). Dept. of Mechanical Engineering

    2007-07-01

    Jordan imports oil from neighboring countries for use in power production. As such, the cost of electricity production is high compared to oil producing countries. It is anticipated that Jordan will face major challenges in trying to meet the growing energy and electricity demands while also developing the energy sector in a way that reduces any adverse impacts on the economy, the environment and social life. This paper described the development of forecasting models to predict future generation and sales loads of electrical power in Jordan. Two models that could be used for the prediction of electrical energy demand in Amman, Jordan were developed and validated. An analysis of the data was also presented. The first model was based on the levels of energy generated by the National Electric Power Company (NEPCO) and the other was based on the levels of energy sold by the company in the same area. The models were compared and the percent error was presented. Energy demand was also forecasted across the next 60 months for both models. Results were then compared with the output of the in-house forecast model used by NEPCO to predict the levels of generated energy needed across the 60 months time period. It was concluded that the NEPCO model predicted energy demand higher than the validated generated data model by an average of 5.25 per cent. 8 refs., 5 tabs., 15 figs.

  20. Emerging technologies for demand side management. Demand side management jitsugen no tame no saishin gijutsu

    Energy Technology Data Exchange (ETDEWEB)

    Suzuki, H; Iyoda, I [Mitsubishi Electric Corp., Tokyo (Japan)

    1993-11-05

    This paper explains the latest situation in hardware technologies to realize the demand side management, divided into the following technologies: communications technology, measurement technology, client information system technology, load controlling technology, home automation technology, and energy storing and saving technologies. Speaking of the communications technology, information exchange between the supply side and the demand side is important in the demand side management, whereas a technology intended of automatic power distribution and automatic meter-reading is advancing in development. The technology covers transmissions using from power lines and telephone lines to optical cables and wireless communications. Power line communications using power transmission lines as communication lines are simple and economical, but weak against noise, and not suitable for long-distance communications. Wireless communications have been drawing attentions along with the development of mobile communication device technologies. These technologies will give benefits to electric power companies in the initial stage of their use, such as for load investigation and general automation in power distribution. They would shift to benefiting users in about 2010 covering from security information such as about power interruption to publicity information and educations. 8 refs., 8 figs., 1 tab.

  1. Needs and Opportunities to Improve the Operational Quality of Forwarding Companies

    Directory of Open Access Journals (Sweden)

    Dovilė Kontautaitė

    2013-04-01

    Full Text Available It is essential for forwarding companies to improve their activity by improving their internal and external processes in order to provide for a client an estimated basic and added value and effectively manage the flow of information in the general logistic supply chain. The article analyses the concepts of quality management and activity process, emphasising the main process of a forwarding enterprise and the demand to optimise the activity establishing quality management systems. The scientific literature analysis assists in the provision of quality assessment indicators of forwarding companies and ascertaining quality management systems that are suitable for transport companies.Article in Lithuanian

  2. Evaluation of actions for better water supply and demand management in Fayoum, Egypt using RIBASIM

    Directory of Open Access Journals (Sweden)

    Mohie M. Omar

    2013-10-01

    Full Text Available Fayoum Governorate faces many water-related challenges being; compensating the water shortage and controlling the volumes of drainage water effluents into Quarun Lake. There are many actions, based on water resources management approach, which can help overcome these water-related challenges. These actions are classified to developing additional water resources (supply management, and properly using the existing water resources (demand management. This study investigates using the RIBASIM (RIver BAsin SIMulation model, the most suitable actions for the future. RIBASIM was used to simulate the current condition and evaluate various scenarios in 2017 based on different actions. Three scenarios were formulated being optimistic, moderate, and pessimistic which represent different implementation rates of the tested actions. RIBASIM results indicated a water shortage of 0.59, 1, and 1.85 Billion Cubic Meter (BCM/year, for the simulated scenarios, respectively. Since Fayoum is a miniature of Egypt with respect to both, the natural and water resources systems, the results of this study can be used as guidelines for optimization of the water resources system in Egypt.

  3. Bounds on survival probability given mean probability of failure per demand; and the paradoxical advantages of uncertainty

    International Nuclear Information System (INIS)

    Strigini, Lorenzo; Wright, David

    2014-01-01

    When deciding whether to accept into service a new safety-critical system, or choosing between alternative systems, uncertainty about the parameters that affect future failure probability may be a major problem. This uncertainty can be extreme if there is the possibility of unknown design errors (e.g. in software), or wide variation between nominally equivalent components. We study the effect of parameter uncertainty on future reliability (survival probability), for systems required to have low risk of even only one failure or accident over the long term (e.g. their whole operational lifetime) and characterised by a single reliability parameter (e.g. probability of failure per demand – pfd). A complete mathematical treatment requires stating a probability distribution for any parameter with uncertain value. This is hard, so calculations are often performed using point estimates, like the expected value. We investigate conditions under which such simplified descriptions yield reliability values that are sure to be pessimistic (or optimistic) bounds for a prediction based on the true distribution. Two important observations are (i) using the expected value of the reliability parameter as its true value guarantees a pessimistic estimate of reliability, a useful property in most safety-related decisions; (ii) with a given expected pfd, broader distributions (in a formally defined meaning of “broader”), that is, systems that are a priori “less predictable”, lower the risk of failures or accidents. Result (i) justifies the simplification of using a mean in reliability modelling; we discuss within which scope this justification applies, and explore related scenarios, e.g. how things improve if we can test the system before operation. Result (ii) not only offers more flexible ways of bounding reliability predictions, but also has important, often counter-intuitive implications for decision making in various areas, like selection of components, project management

  4. ) Band with on Demand Technology Platform to Support Broadband Data Applications

    International Nuclear Information System (INIS)

    Cox, J.

    2003-01-01

    Oil and Gas Companies and their service providers are demanding significantly more bandwidth between their offshore rig locations and their project offices to support real time data applications and video conferencing. SLB Data Marine Systems developed proprietry satellite technology in the North Sea, to allow satellite bandwidth to be 'shared' amongst a population of offshore platforms or vessels and for individual sites to 'pull down' this bandwidth on a demand basis.As well as meeting the new demands of the oil industry with regard to cost effectively transporting these new 'rig to office' applications, this same bandwidth can be used to support telemedicine or distant learning

  5. The adaptation of the financial structures of national companies in oil producing countries

    International Nuclear Information System (INIS)

    Helder, P.

    1994-01-01

    The economic environment of the oil industry in the nineties contains a number of uncertainties concerning demand evolution and the persistence of low prices. National companies cannot expect high margins for financing their development. To avoid an increased debt burden these companies are looking for organizational flexibility. Their strategies imply cost cutting and a modernization of their management criteria. (Author). 19 refs., 6 tabs

  6. Reducing electricity demand peaks by scheduling home appliances usage

    Energy Technology Data Exchange (ETDEWEB)

    Rossello-Busquet, A.; Kardaras, G.; Baek Iversen, V.; Soler, J.; Dittmann, L.

    2011-05-15

    Nowadays there is a tendency to consume electricity during the same period of the day leading to demand peaks. Regular energy consumption habits lead to demand peaks at specific temporal intervals, because users consume power at the same time. In order to avoid demand peaks, users' appliances should consume electricity in a more temporarily distributed way. A new methodology to schedule the usage of home appliances is proposed and analyzed in this paper. The main concept behind this approach is the aggregation of home appliances into priority classes and the definition of a maximum power consumption limit, which is not allowed to be exceeded during peak hours. The scenario simulated describes a modern household, where the electrical devices are classified in low and high priority groups. The high priority devices are always granted power in order to operate without temporal restrictions. On the contrary, the low priority devices have to pause their operation, when the algorithm dictates it, and resume it in the future. This can become beneficial for both energy companies and users. The electricity suppliers companies will be capable of regulating power generation during demand peaks periods. Moreover, users can be granted lower electricity bill rates for accepting delaying the operation of some of their appliances. In order to analyze this scenario, teletraffic engineering theory, which is used in evaluating the performance of telecommunication networks, is used. A reversible fair scheduling (RFS) algorithm, which was originally developed for telecommunication networks, is applied. The purpose is to analyze how a power consumption limit and priorities for home appliances will affect the demand peak and the users' everyday life. Verification of the effectiveness of the RFS algorithm is done by means of simulation and by using real data for power consumption and operation hours. The defined maximum power limit of 750 and 1000 Watt was not exceeded during

  7. Development of S-ARIMA Model for Forecasting Demand in a Beverage Supply Chain

    Science.gov (United States)

    Mircetic, Dejan; Nikolicic, Svetlana; Maslaric, Marinko; Ralevic, Nebojsa; Debelic, Borna

    2016-11-01

    Demand forecasting is one of the key activities in planning the freight flows in supply chains, and accordingly it is essential for planning and scheduling of logistic activities within observed supply chain. Accurate demand forecasting models directly influence the decrease of logistics costs, since they provide an assessment of customer demand. Customer demand is a key component for planning all logistic processes in supply chain, and therefore determining levels of customer demand is of great interest for supply chain managers. In this paper we deal with exactly this kind of problem, and we develop the seasonal Autoregressive IntegratedMoving Average (SARIMA) model for forecasting demand patterns of a major product of an observed beverage company. The model is easy to understand, flexible to use and appropriate for assisting the expert in decision making process about consumer demand in particular periods.

  8. Demand Forecast at the Foodstuff Retail Segment: a Strategic Sustainability Tool at a Small-Sized Brazilian Company

    Directory of Open Access Journals (Sweden)

    Claudimar Pereira Da Veiga

    2013-12-01

    Full Text Available Demand forecasting plays an increasingly relevant role within competitive and globalized marketplaces, in as much as operations planning and subsequent transition into a sustainable chain of supplies, is concerned. To this effect, the purpose of this study is to present the application of demand forecasting as a strategic sustainability tool at a Brazilian SME. Therefore, this is a descriptive, ex-post facto and cross-cut, sectional time case study, which employs qualitative and historical quantitative and direct observational data and that utilizes, as both indicators of the level of service offered to consumers and of opportunity costs the artificial neural networks model and fill-rates, for demand forecasting and response purposes. The study further established cause-effect relationships between prediction accuracy, demand responsiveness and process-resulting economic, environmental and social performances. Findings additionally concurred with both widely acknowledged sustainability concepts - NRBV (Natural-Resource-Based View and 3BL (Triple Bottom Line - by demonstrating that demand forecasts ensure the efficient use of resources, improvements in customer responsiveness and also mitigate supply chain stock out and overstock losses. Further to the mentioned economic benefit, demand forecasting additionally reduced the amount of waste that arises from retail product shelf-life expiration, improving the addressing of demand itself and of customer satisfaction, thus driving consequent environmental and social gains.

  9. Tips for HR managers of German companies entering the Vietnamese market

    OpenAIRE

    Ngo, Quynh

    2014-01-01

    Recently there have been more and more foreign companies conquering Southeast Asia markets, especially Vietnam. As a result, there has been a huge demand for qualified workforce in this country. The workforce in Vietnam is large and young. However, there is a lack of skilled employees. As a result, the companies try to take on qualified people from each other by giving higher compensation, a better workplace, and so on. Therefore, the problem is to retain employees. Human resource manage...

  10. Production control and supplier selection under demand disruptions

    Directory of Open Access Journals (Sweden)

    Xianzhe Chen

    2010-12-01

    Full Text Available This paper investigates the effects of demand disruptions on production control and supplier selection in a three-echelon supply chain system. The customer demand is modeled as a jump-diffusion process in a continuous-time setting. A two-number production-inventory policy is implemented in the production control model for the manufacturer. The objective is to minimize the long-term average total cost consisting of backlog cost, holding cost, switching cost, and ordering cost. The simulated annealing method is applied to search the optimal critical switching values. Furthermore, an improved analytical hierarchy process (AHP is proposed to select the best supplier, based on quantitative factors such as the optimal long-term total cost obtained through the simulated annealing method under demand disruptions and qualitative factors such as quality and service. Numerical studies are conducted to demonstrate the effects of demand disruptions in the face of various risk scenarios. Managerial insights from simulation results are provided as well. Our approaches can be implemented as the “stress test” for companies in front of various supply chain disruption scenarios.

  11. Characterization of the medical department of pharmaceutical companies operating in Portugal

    Directory of Open Access Journals (Sweden)

    Acílio Gala

    2017-04-01

    Full Text Available In a context of strong regulatory demands and high economic pressures and constraints, medical departments within pharmaceutical companies, have demonstrated its strategic relevance even though the functions to embrace are not globally consensual. In this context, a study that intended to analyse the management of medical activities, in pharmaceutical companies operating in Portugal, including allocated human resources and investment trends, was implemented. Quantitative information was collected through an electronic survey, in pharmaceutical companies with activity in Portugal. The analysis of the results supported the conclusion that the majority of the companies are affiliates of international companies and that 79% of them have formalized medical departments. The human resources of the medical departments of the participant companies include several professional classes, with predominance of pharmacists. Globally, the number of employees of the medical area has registered a systematic growth in the last years. It was also possible to conclude that the majority of the companies are increasing the investment in medical affairs activities. This study enables the understanding of these activities in pharmaceutical companies operating in Portugal, within the international panorama of pharmaceutical industry. It contributes to improve the knowledge about the relevance of medical departments while enabling the definition of novel pathways to increase the competiveness and sustainability of the companies.

  12. MARKETING STRATEGY DEVELOPMENT FOR A COMPANIES PROVIDING SPECIAL EQUIPMENT SERVICES IN NOVOSIBIRSK REGION

    Directory of Open Access Journals (Sweden)

    Isaeva N. A.

    2014-12-01

    Full Text Available In Russia some companies didn’t have a marketing strategy yet, but marketing is very important part of company management. In the case of the absence of the marketing strategy, a director risks to fill the storage by goods with no demand, or to try to do some useless services, to encounter with unknown competing goods, or to reduce some successful operations. In the article was developed methodic techniques and economic-mathematical models for creating the marketing strategy for companies providing special equipment service in Novosibirsk region. Using the proposed models and methods was created marketing strategy for «TC Athena» with regard to the sphere of activity of the company.

  13. Happy oil companies; Heureux petroliers

    Energy Technology Data Exchange (ETDEWEB)

    Maincent, G

    2009-08-27

    The decay of demand, the bad financial results of the first half of 2009 and the hypothetical depletion of reserves must not hide a reality: oil companies are passing through the economic crisis without much trouble. Even if profits have marked time in volume (-57% for BP, -65% for Shell..), the net margins have not significantly suffered and the available cash remains comfortable (14 billion euros for Total as an example). The perspectives offered by the new offshore sites (like Santos in Brazil) added to the fabulous promises of the Iraqi market where 'majors' can now make their come-back will be the key of success of oil companies. The overall exploration-production investments should start up again by the beginning of 2011. For the only offshore drilling domain, they should rise up by 32% during the 2009-2013 period which represents a sum of 367 billion dollars. (J.S.)

  14. Employee retention and integrated disability management practices as demand side factors.

    Science.gov (United States)

    Habeck, Rochelle; Hunt, Allan; Rachel, Colleen Head; Kregel, John; Chan, Fong

    2010-12-01

    Demand-side employment research on company policies and practices related to retention and absence and disability management (ADM) can contribute to our understanding of employment issues related to people with disabilities from the employers' perspective. To examine company ADM and retention practices and their effectiveness, as well as how these company policies and practices might influence hiring of people with disabilities. Disability Management Employer Coalition employer members (N = 650) were surveyed by internet and the survey data were analyzed using descriptive statistics, correlation, and multiple regression. Ninety-five participants responded to the survey resulting in a response rate of 14%. Retention practice was found to be associated with retention effectiveness (r = .39, P ideas and involvement of employees, and assuring they know how their work and performance support the mission. ADM practice was related to improving health and managing health conditions (r = .26, P companies.

  15. Corporate Social Reporting: a Comprehensive Picture of Indonesian Mining Companies

    Directory of Open Access Journals (Sweden)

    Rosinta Ria Panggabean

    2014-09-01

    Full Text Available Recently, stakeholders demand that CSR reporting of a company provides social and environmental information as well as the financial information reported in financial statement. This research questioned whether CSR reporting of Indonesian mining companies may be regarded as a mechanism which social and environmental accountability are discharged. The purpose of this research is to provide a content analysis framework and information on the comprehensiveness of Corporate Social Responsibility (CSR reporting of Indonesian mining companies. The methodology used is content analysis method by a framework derived from GRI G3.1 Guidelines. Comprehensive reporting contains three types of information for each disclosed CSR item: (i vision and goals, (ii management approach, and (iii performance indicator. The framework was used to assess the comprehensiveness of CSR report by analyzing the 2012 financial reports and annual reports of Indonesian listed mining companies. The content analysis of CSR reporting of the listed mining companies in Indonesia shows a low level of comprehensive reporting. This finding agrees those of prior studies on the completeness of CSR reporting and adds to the debate regarding whether CSR reporting of Indonesian mining companies can be considered a mechanism for discharging social and environmental accountability.

  16. Open Automated Demand Response Communications in Demand Response for Wholesale Ancillary Services

    Energy Technology Data Exchange (ETDEWEB)

    Kiliccote, Sila; Piette, Mary Ann; Ghatikar, Girish; Koch, Ed; Hennage, Dan; Hernandez, John; Chiu, Albert; Sezgen, Osman; Goodin, John

    2009-11-06

    The Pacific Gas and Electric Company (PG&E) is conducting a pilot program to investigate the technical feasibility of bidding certain demand response (DR) resources into the California Independent System Operator's (CAISO) day-ahead market for ancillary services nonspinning reserve. Three facilities, a retail store, a local government office building, and a bakery, are recruited into the pilot program. For each facility, hourly demand, and load curtailment potential are forecasted two days ahead and submitted to the CAISO the day before the operation as an available resource. These DR resources are optimized against all other generation resources in the CAISO ancillary service. Each facility is equipped with four-second real time telemetry equipment to ensure resource accountability and visibility to CAISO operators. When CAISO requests DR resources, PG&E's OpenADR (Open Automated DR) communications infrastructure is utilized to deliver DR signals to the facilities energy management and control systems (EMCS). The pre-programmed DR strategies are triggered without a human in the loop. This paper describes the automated system architecture and the flow of information to trigger and monitor the performance of the DR events. We outline the DR strategies at each of the participating facilities. At one site a real time electric measurement feedback loop is implemented to assure the delivery of CAISO dispatched demand reductions. Finally, we present results from each of the facilities and discuss findings.

  17. Analysis of demand in the importation process for the trade of individual protection equipment

    Directory of Open Access Journals (Sweden)

    Tatiane Chiles Toledo

    2017-07-01

    The results presented in the case study were satisfactory actually observed divergence between the process applied before the company and applied studies directly on demand obtained with this assertiveness in the forecast..

  18. A Synthetic Indicator of a Company's Level of Intellectual Capital as a Hidden Value

    Directory of Open Access Journals (Sweden)

    Przemysław Dominiak

    2016-01-01

    Full Text Available The authors of the paper analyzed 21 common methods of measuring a company's intellectual capital, finding that none of them meet all 6 demands that a model indicator should satisfy. As a result, a new method was developed, which meets the conditions for a model indicator. Using the chosen expert method, a synthetic indicator of a company's level of intellectual capital (WPKI has been determined. The authors of the paper determine the WPKI indicator for public construction companies using the algorithm defining a hidden value. (original abstract

  19. Refrigerated Warehouse Demand Response Strategy Guide

    Energy Technology Data Exchange (ETDEWEB)

    Scott, Doug [VaCom Technologies, San Luis Obispo, CA (United States); Castillo, Rafael [VaCom Technologies, San Luis Obispo, CA (United States); Larson, Kyle [VaCom Technologies, San Luis Obispo, CA (United States); Dobbs, Brian [VaCom Technologies, San Luis Obispo, CA (United States); Olsen, Daniel [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2015-11-01

    This guide summarizes demand response measures that can be implemented in refrigerated warehouses. In an appendix, it also addresses related energy efficiency opportunities. Reducing overall grid demand during peak periods and energy consumption has benefits for facility operators, grid operators, utility companies, and society. State wide demand response potential for the refrigerated warehouse sector in California is estimated to be over 22.1 Megawatts. Two categories of demand response strategies are described in this guide: load shifting and load shedding. Load shifting can be accomplished via pre-cooling, capacity limiting, and battery charger load management. Load shedding can be achieved by lighting reduction, demand defrost and defrost termination, infiltration reduction, and shutting down miscellaneous equipment. Estimation of the costs and benefits of demand response participation yields simple payback periods of 2-4 years. To improve demand response performance, it’s suggested to install air curtains and another form of infiltration barrier, such as a rollup door, for the passageways. Further modifications to increase efficiency of the refrigeration unit are also analyzed. A larger condenser can maintain the minimum saturated condensing temperature (SCT) for more hours of the day. Lowering the SCT reduces the compressor lift, which results in an overall increase in refrigeration system capacity and energy efficiency. Another way of saving energy in refrigerated warehouses is eliminating the use of under-floor resistance heaters. A more energy efficient alternative to resistance heaters is to utilize the heat that is being rejected from the condenser through a heat exchanger. These energy efficiency measures improve efficiency either by reducing the required electric energy input for the refrigeration system, by helping to curtail the refrigeration load on the system, or by reducing both the load and required energy input.

  20. The expatriates in multinational companies: A trend in Serbia

    Directory of Open Access Journals (Sweden)

    Ratković Tatjana

    2014-01-01

    Full Text Available Expansion of international operations has imposed new demands to multinational companies, especially in the area of human resource management. International human resource management is primarily characterized by movement of employees across the boundaries of one country in order to take various roles in foreign subsidiaries of multinational companies. One of the most important decisions a multinational company has to make refers to selection of employees to fill in positions in its foreign subsidiaries depending on nationality of employees. This paper tends to explore the significance and roles of expatriates in obtaining success of multinational company in international operations in order to emphasize the advantages expatriates may bring to a multinational company. This paper aims to analyze one of crucial issues that multinational companies face in global environment - the process of expatriation, particularly focusing on the number of expatriates (parent country nationals in subsidiaries of foreign multinational companies in Serbia and the tendency of changing their number in these subsidiaries, as well as nationality of managers in key positions in these subsidiaries (CEO and HR manager. Empirical research performed through a questionnaire has shown certain features of subsidiaries of multinational companies in Serbia, indicating that the number of expatriates has increased since their founding until today (contrary to expectations based on theoretical concepts and results of studies performed in other countries and environments. However, as it was expected, the analysis of results has shown that most subsidiaries in Serbia have replaced their expatriates in the position of CEO (and HR manager, which has brought companies numerous benefits, such as lower expenses.

  1. Hidden action or hidden strategy: China's control of its national oil companies

    Science.gov (United States)

    Humphrey, Charles

    China's rapid economic growth has been accompanied by parallel growth in energy demand, particularly in demand for oil. Due to political and economic constraints on domestic reform, the CPC has focused on the international dimension through the creation of vertically integrated national oil companies. The foreign investments of these companies have become increasingly controversial due to the high levels of political and financial support afforded them by the CPC. I measure control by employing a model of institutional constraints on state-owned enterprises in conjunction with a managerial variant of Principal Agent theory well suited to political analyses. I conclude that the combination of institutional overlap, the process which led to the formation of the CNOCs as they currently exist and the current overseas activities of the CNOCs all demonstrate that the CPC is in control of the CNOCs.

  2. Optimal Order Strategy in Uncertain Demands with Free Shipping Option

    Directory of Open Access Journals (Sweden)

    Qing-Chun Meng

    2014-01-01

    Full Text Available Free shipping with conditions has become one of the most effective marketing tools; more and more companies especially e-business companies prefer to offer free shipping to buyers whenever their orders exceed the minimum quantity specified by them. But in practice, the demands of buyers are uncertain, which are affected by weather, season, and many other factors. Firstly, we model the centralization ordering problem of retailers who face stochastic demands when suppliers offer free shipping, in which limited distributional information such as known mean, support, and some deviation measures of the random data is needed only. Then, based on the linear decision rule mainly for stochastic programming, we analyze the optimal order strategies of retailers and discuss the approximate solution. Further, we present the core allocation between all retailers via dual and cooperative game theory. The existence of core shows that each retailer is pleased to cooperate with others in the centralization problem. Finally, a numerical example is implemented to discuss how uncertain data and parameters affect the optimal solution.

  3. How Could Companies Engage in Sustainable Landscape Management? An Exploratory Perspective

    Directory of Open Access Journals (Sweden)

    Paul Opdam

    2018-01-01

    Full Text Available Current concepts that aim to align economic development with sustainability, such as the circular and green economy, often consider natural systems as externalities. We extend the green economy concept by including the landscape as the provider of social, economic and environmental values. Our aim is to explore how companies could engage in creating landscape-inclusive solutions for sustainable landscapes. We propose a conceptual model of the relationship between companies and landscape services based on a demand for landscape benefits by companies, implications for wider society. We present a short overview of how scientists addressed the role of companies in landscape-inclusive solutions. We also give some examples taken from the World Wide Web to illustrate the variety of ways in which companies already invest in landscape services. Our findings suggest that the relationship between companies and landscapes is not yet strongly recognized in sustainability science. However, examples from practice show that some companies do recognize the added values of landscape services, to the extent that they invest in landscape management. We conclude that future research should provide information on the added value of landscape-inclusive solutions to companies, and increase their capacity to engage in regional social–ecological networks.

  4. Valuation of international oil companies - size matters

    International Nuclear Information System (INIS)

    Mohn, Klaus

    2005-01-01

    According to economic theory, exploration and the development of new oil and gas fields should respond positively to increasing prices. But since the late 1990s, financial analysts have focused strongly on short-term accounting return measures, like RoACE (Return on Average Capital Employed), for benchmarking and valuation of international oil and gas companies. Consequently, the demands for strict capital discipline among oil and gas companies may have reduced their willingness to invest for future reserves and production growth. We investigate the presumed positive relation between RoACE and stock market valuation. Based on panel data for 12 international oil and gas companies for the period 1997-2002, we seek to establish econometric relations between market valuation on one hand, and simple financial and operational indicators on the other. Our findings do not support the perceived positive relation between reported RoACE and market-based multiples. Recent evidence also suggests that the stock market is increasingly concerned about reserve replacement and sustained profitable production growth. The current high-price, low-investment equilibrium is therefore hardly stable. (Author)

  5. Job Demands, Job Resources, and Job Performance in Japanese Workers: A Cross-sectional Study

    OpenAIRE

    NAKAGAWA, Yuko; INOUE, Akiomi; KAWAKAMI, Norito; TSUNO, Kanami; TOMIOKA, Kimiko; NAKANISHI, Mayuko; MAFUNE, Kosuke; HIRO, Hisanori

    2014-01-01

    This study investigated the cross-sectional association of job demands (i.e., psychological demands) and job resources (i.e., decision latitude, supervisor support, co-worker support, and extrinsic reward) with job performance. A total of 1,198 workers (458 males and 740 females) from a manufacturing company in Japan completed a self-administered questionnaire that included the Job Content Questionnaire, Effort-Reward Imbalance Questionnaire, World Health Organization Health and Work Performa...

  6. Burnout and engagement at work as a function of demands and control

    NARCIS (Netherlands)

    Demerouti, E.; Bakker, A.B.; Jonge, J. de; Janssen, P.P.M.; Schaufeli, W.B.

    2001-01-01

    Objectives The present study was designed to test the demand-control model using indicators of both health impairment and active learning or motivation. Methods A total of 381 insurance company employees participated in the study. Discriminant analysis was used to examine the relationship between

  7. THE ANALYSIS OF THE COMPREHENSIVE INSURANCE DEMAND FOR TURKEY USING UTILITY THEORY AND SYSTEM SIMULATION

    Directory of Open Access Journals (Sweden)

    Murat KIRKAĞAÇ

    2017-03-01

    Full Text Available In this study, the demand for comprehensive insurance is analysed using utility theory and system simulation. A simulation study is performed to assess the behaviour of individuals with different income levels for the demand of comprehensive insurance. Simulation assumptions and input-output variables are determined using the real data set from a Turkish insurance company and the report about the insurance activities in Turkey for year 2014. The effects of income level, expected claim severity and premium level on the demand for insurance are investigated. It is concluded that while an increase in income level and expected claim severity causes an increase in the demand, an increase in premium level causes a decrease in the demand.

  8. Influence Of Corporate Social Responsibility On Hotel Demand

    OpenAIRE

    Claudia Sevilla-Sevilla; Maria Dolores Reina-Paz; Ainhoa Rodriguez-Oromendia

    2014-01-01

    The embrace of corporate social responsibility (CSR) by the Spanish hospitality industry is still in the early stages. Few hotel companies publish sustainability reports, although the number of tourism and distribution channel organizations (tour operators, online travel agencies, etc.) incorporating specific aspects of CSR is growing each year. In this paper, the authors analyze whether CSR has a direct effect on end-consumer demand in Spain, identifying those aspects that customers evaluate...

  9. Winds of change: corporate strategy, climate change and oil multinationals

    NARCIS (Netherlands)

    Kolk, A.; Levy, D.L.

    2001-01-01

    Behind pessimistic expectations regarding the future of an international climate treaty, substantial changes can be observed in company positions. Multinationals in the oil and car industries are increasingly moving toward support for the Kyoto Protocol, and take measures to address climate change.

  10. THE MANAGEMENT OF DOCUMENTS AN OPTIMISING COMPONENT FOR A COMPANIES IT SYSTEM

    Directory of Open Access Journals (Sweden)

    Vaduva Florin

    2008-05-01

    Full Text Available In order to ensure success in the competitive world of business, companies must accommodate the needs of their clients, partners, employees and capital owner. Companies that pay attention to the way their documents and information are administrated are more prepared to face cost reduction and can respond much faster to the changes occurred on Basically, it is all about information and controlling it and thus the response time is minimum to any inquiries or demands that come from inside the informational system of the company. So, you need an efficient document management. Software solutions that come to your aid, in order to optimize this process are Electronic Document Management System.

  11. The global uranium market: supply and demand 1992-2010

    International Nuclear Information System (INIS)

    1994-06-01

    This document looks at the supply of and demand for uranium on markets worldwide and covers the years 1992 to 2010. Uranium and nuclear fuel markets have become truly global with the inclusion of fuel cycle companies from Eastern Europe and the Commonwealth of Independent States (CIS) leading at the same time to additional supplies becoming available and new political constraints on uranium trading. This report includes new data from China, Eastern Europe and the CIS republics. As recycling plays on ever more important role, the global supply and demand balance for uranium and fuel services is altered. Prospects for nuclear power growth and for the uranium market in the next century remain uncertain. (UK)

  12. Optimal Demand Response of Smart Home with PV Generators

    Directory of Open Access Journals (Sweden)

    Chao-Rong Chen

    2014-01-01

    Full Text Available Demand response (DR is used mainly to help to schedule a customer’s power utilization based on the electricity price that is announced by the power distribution company so that both demand and supply can optimally benefit. The work proposes a users’ load model and the interior point method for optimal scheduling with elastic power utilization to minimize power price. The interior point method has the advantages of rapid convergence and robustness. Customers can not only use PV generators and battery sets as backup power sources, but also benefit from green energy. As revealed by the results herein, the use of elastic power utilization time intervals enables customers to pay less power price.

  13. Will bottle-grade PET demand lure fiber-grade capacity?

    International Nuclear Information System (INIS)

    Coeyman, M.

    1993-01-01

    As demand for bottle-grade polyethylene terephthalate (PET) continues strong and new capacity hastens to meet it, some industry observers wonder if conversions to bottle-grade from fiber-grade capacity will become an industry trend. Taiwan's Nan Ya Plastics was recently said to be considering such a switch, but company sources say it has no such plans. Peter Driscoll, senior partner at PCI Fibres ampersand Raw Materials (Crawley, UK), says that while it is true that demand for the bottle-grade material remains unsatisfied, he doubts that many conversions will take place. You must remember, says Driscoll, that it is not always possible to switch, and that even where it is possible there are limitations

  14. Patterns of order processing : a study of the formalization of the ordering process in order-driven manufacturing companies

    NARCIS (Netherlands)

    Welker, Geertruida Annigje

    2004-01-01

    It is essential for many order-driven manufacturing companies to be able to respond quickly to changing customer demand. In this respect, the ordering process plays a central role, as coordination between demand and production takes places within this process. The ordering process must contribute to

  15. AN EXPLORATORY STUDY OF MANUFACTURING STRATEGY OF PACKAGING PRODUCT-MANUFACTURING COMPANIES IN INDIA

    Directory of Open Access Journals (Sweden)

    Pradip P. Patil

    2012-09-01

    Full Text Available This paper presents finding of a survey on manufacturing strategy implementation (MSI adopted by the Indian packaging product manufacturing companies (IPPMC. Though the companies differ in terms of prod uct types (shape, method, content and material of packaging, conversion system, sales volume and sophistication of machinery used, they share common purpose that are used for packaging the product s . With growth in demand for consumer products, packaging f orms basis of differentiating products from competitors. The survey shows emphasis on implementation of manufacturing strategy, key decision areas, identifies competitive priorities, order winners. To get insight, three companies are selected for detailed case studies.

  16. Natural gas demand forecast system based on the application of artificial neural networks

    International Nuclear Information System (INIS)

    Sanfeliu, J.M.; Doumanian, J.E.

    1997-01-01

    Gas Natural BAN, as a distribution gas company since 1993 in the north and west area of Buenos Aires Argentina, with 1,000,000 customers, had to develop a gas demand forecast system which should comply with the following basic requirements: Be able to do reliable forecasts with short historical information (2 years); Distinguish demands in areas of different characteristics, i.e. mainly residential, mainly industrial; Self-learning capability. To accomplish above goals, Gas Natural BAN chose in view of its own necessities, an artificial intelligence application (neural networks). 'SANDRA', the gas demand forecast system for gas distribution used by Gas Natural BAN, has the following features: Daily gas demand forecast, Hourly gas demand forecast and Breakdown of both forecast for each of the 3 basic zones in which the distribution area of Gas Natural BAN is divided. (au)

  17. Improvement on the sales forecast accuracy for a fast growing company by the best combination of historical data usage and clients segmentation

    OpenAIRE

    Burgada Muñoz, Santiago

    2014-01-01

    Industrial companies in developing countries are facing rapid growths, and this requires having in place the best organizational processes to cope with the market demand. Sales forecasting, as a tool aligned with the general strategy of the company, needs to be as much accurate as possible, in order to achieve the sales targets by making available the right information for purchasing, planning and control of production areas, and finally attending in time and form the demand generated. ...

  18. PREDICTING DEMAND FOR COTTON YARNS

    Directory of Open Access Journals (Sweden)

    SALAS-MOLINA Francisco

    2017-05-01

    Full Text Available Predicting demand for fashion products is crucial for textile manufacturers. In an attempt to both avoid out-of-stocks and minimize holding costs, different forecasting techniques are used by production managers. Both linear and non-linear time-series analysis techniques are suitable options for forecasting purposes. However, demand for fashion products presents a number of particular characteristics such as short life-cycles, short selling seasons, high impulse purchasing, high volatility, low predictability, tremendous product variety and a high number of stock-keeping-units. In this paper, we focus on predicting demand for cotton yarns using a non-linear forecasting technique that has been fruitfully used in many areas, namely, random forests. To this end, we first identify a number of explanatory variables to be used as a key input to forecasting using random forests. We consider explanatory variables usually labeled either as causal variables, when some correlation is expected between them and the forecasted variable, or as time-series features, when extracted from time-related attributes such as seasonality. Next, we evaluate the predictive power of each variable by means of out-of-sample accuracy measurement. We experiment on a real data set from a textile company in Spain. The numerical results show that simple time-series features present more predictive ability than other more sophisticated explanatory variables.

  19. The decision optimization of product development by considering the customer demand saturation

    Directory of Open Access Journals (Sweden)

    Qing-song Xing

    2015-05-01

    Full Text Available Purpose: The purpose of this paper is to analyze the impacts of over meeting customer demands on the product development process, which is on the basis of the quantitative model of customer demands, development cost and time. Then propose the corresponding product development optimization decision. Design/methodology/approach: First of all, investigate to obtain the customer demand information, and then quantify customer demands weights by using variation coefficient method. Secondly, analyses the relationship between customer demands and product development time and cost based on the quality function deployment and establish corresponding mathematical model. On this basis, put forward the concept of customer demand saturation and optimization decision method of product development, and then apply it in the notebook development process of a company. Finally, when customer demand is saturated, it also needs to prove the consistency of strengthening satisfies customer demands and high attention degree customer demands, and the stability of customer demand saturation under different parameters. Findings: The development cost and the time will rise sharply when over meeting the customer demand. On the basis of considering the customer demand saturation, the relationship between customer demand and development time cost is quantified and balanced. And also there is basically consistent between the sequence of meeting customer demands and customer demands survey results. Originality/value: The paper proposes a model of customer demand saturation. It proves the correctness and effectiveness on the product development decision method.

  20. Industrial energy demand and the effect of taxes, agreements and subsidies

    International Nuclear Information System (INIS)

    Bue Bjoerner, T.; Holm Jensen, H.

    2000-10-01

    This report presents an econometric analysis of industrial companies demand for energy. The effect of energy taxes, energy agreements and subsidies to investments in energy efficiency, which have been applied as policy instruments in Denmark since 1993, is also quantified. The econometric analysis is based on an extensive database, which contains information on industrial companies consumption of energy and their value added in a number of years covering the period 1983 to 1997 (information from the years 1983, 1985, 1988, 1990, 1993, 1995, 1996 and 1997 is included). The database has been constructed by combining information from different registers in Statistics Denmark. The database contains information on the majority of all existing industrial companies with more than 20 employees (from 1995 to 1997 primary data on energy consumption were only collected for half the industrial companies with 20-50 employees). The database has a panel (longitudinal) nature, where each industrial company can be followed over time. This makes it possible to compare energy consumption in companies before and after they have been given a subsidy to invest in energy efficiency or entered an energy agreement with the Danish Energy Agency. The econometric analysis utilises the panel nature of the data by relying on so-called fixed effect estimators. (EHS)

  1. Water use assessments supporting company-specific growth and sustainability goals

    Science.gov (United States)

    John Beebe

    2016-01-01

    In areas with increasing demand for water, addressing water use objectives has long been a primary environmental objective and key concern among industrial water users including paper mills and other forest product companies. However, in recent years, water use metrics and related information (including population change, climate information, and land use...

  2. Hooked on Coal: Meeting Energy Demands in the Philippines

    Science.gov (United States)

    2011-10-27

    overview/seeking-balance-while-electricity-supply- surges-meet-demand-companies-struggle-find-domestic 10 Lenie Lectura , “Long, Uphill Climb Before...Yet, Says Scientist,” 2 February 2009, accessed 6 October 2017, Proquest. 59 Lenie Lectura , “DOE Chief Favors Nuclear-Power Generation for PHL...139, accessed 6 October 2017, Proquest. 63 Lenie Lectura , “DOE Chief Favors Nuclear-Power Generation for PHL,” Business Mirror, 30 August 2016

  3. INTERNATIONAL EXPANSION OF SERVICE COMPANIES USING THE STRATEGY OF DELOCALIZATION

    Directory of Open Access Journals (Sweden)

    Lucretia Mariana CONSTANTINESCU

    2014-06-01

    Full Text Available The elimination of the constraints related to distance, service demand increase and service accessibility, from the perspective of their commercial capacity, have encouraged service companies to invest abroad, with the desire to identify new clients and to use their specific competitive advantages, and, for this reason, in this work, we shall present new delocalization models that could be used by the companies of the dematerialized economy to transfer some activities outside of their country of origin through the realization of a commercial presence (foreign direct investment - FDI and their integration with the other entities of the network, in order to exploit the comparative advantages of the different locations.

  4. ALICE doffs hat to two companies

    CERN Multimedia

    2007-01-01

    During the fifth annual ALICE Industrial Awards ceremony, the ALICE Collaboration honoured two companies for their outstanding contributions to the construction of the experiment.For the past five years, the ALICE collaboration has been presenting its industrial partners with awards for meeting demanding or unusual requirements, for excellence in design or execution, for delivery on-time and on-budget and for outstanding cooperation. This year, on 9 March, ALICE presented awards to two companies for their exceptional performance. From left to right: Kees Oskamp (ALICE SSD), Arie de Haas (ALICE SSD), Gert-Jan Nooren (ALICE SSD), Shon Shmuel (FIBERNET), Yehuda Mor-Yosef (FIBERNET), Hans Boggild (ALICE), Jurgen Schukraft (ALICE Spokesperson), Catherine Decosse (ALICE) and Jean-Robert Lutz (ALICE SSD). FIBERNET Ltd., based in Yokneam, Israel, was rewarded for the excellent and timely assembly of the Silicon Strip Detector boards (SSD) of the Inner Tracking System with cable connections. Special low-mass cables, ...

  5. Smart Cities, an Opportunity for Energy Efficiency Companies; Smart Cities, una oportunidad para las empresas de Eficiencia Energetica

    Energy Technology Data Exchange (ETDEWEB)

    Lopez-Nava Munoz, A.

    2016-07-01

    The changing city model towards the Smart City that we will be seeing in the years to come will provide major opportunities to companies that know how to discover new products and services adapted to a new demand, or to companies that are able to position themselves in the sectors with the best growth prospects. We will also witness the disappearance of companies that are not able to adapt to these changes or that react too late. From an energy perspective, this change will necessarily require energy efficiency and the use of renewable energy sources. But what are the products and services that are going to be demanded most in future cities? What materials, technologies or processes will they require? What sectors will have the fastest growth as a result of the development of Smart. (Author)

  6. Matching the demand for and supply of IT professionals : towards a learning organization

    NARCIS (Netherlands)

    Stam, Mark; Molleman, E

    1999-01-01

    This article presents a study among information technology (TT) companies and young IT professionals, which demonstrates the central role of career development and strategic training policies in improving the match between demand for and supply of IT professionals. These policies seem to be able to

  7. PVC makers study expansions to meet demand growth

    International Nuclear Information System (INIS)

    Hunter, D.; Coeyman, M.

    1993-01-01

    As prospects for the polyvinyl chloride (PVC) industry continue to improve, the next batch of capacity increases is being studied. Vista Chemical (Houston) sees an opportunity to achieve what company president James R. Ball calls the lowest-cost capacity addition in the market, by debottlenecking its PVC plants at Aberdeen, MS and Oklahoma City. That would increase capacity 40%, adding 300 million lbs/year to Vista's 830 million lbs/year. US demand for PVC grew 12.5% through the first 10 months of 1992, to 7.3 billion lbs, according to the latest figures available from the Society of the Plastics Industry. Alan Bailey, Oxy-Chem's executive v.p./polymers and plastics, predicts a good demand year in 1993 - better even than 1992, driven by an upward trend in housing starts and a recovering economy

  8. Least cost planning within the service concept of power supply companies

    International Nuclear Information System (INIS)

    Lueschen, H.; Sonntag, J.; Werner, R.

    1995-01-01

    In discussing the implementation of energy service concepts, German power supply companies are gradually adopting categories originating from the USA, namely integrated resources planning (IRP), least cost planning (LCP), and demand-side management (DSM). While the activities of German power supply companies are more encompassing than those of their US counterparts in the traditional features of DSM such as load management, information, and consulting, further-going measures such as direct investment and financial incentive programmes for exploiting energy-saving potentials play a less important role and are controversial in the energy-political debate. The article presents the concept of power supply companies for implementing IRP/LCP and makes a concrete assessment of the worth and efficiency of consulting compared with the newer type of financial incentive programmes. (orig.) [de

  9. Redesign of a supply network by considering stochastic demand

    Directory of Open Access Journals (Sweden)

    Juan Camilo Paz

    2015-09-01

    Full Text Available This paper presents the problem of redesigning a supply network of large scale by considering variability of the demand. The central problematic takes root in determining strategic decisions of closing and adjusting of capacity of some network echelons and the tactical decisions concerning to the distribution channels used for transporting products. We have formulated a deterministic Mixed Integer Linear Programming Model (MILP and a stochastic MILP model (SMILP whose objective functions are the maximization of the EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization. The decisions of Network Design on stochastic model as capacities, number of warehouses in operation, material and product flows between echelons, are determined in a single stage by defining an objective function that penalizes unsatisfied demand and surplus of demand due to demand changes. The solution strategy adopted for the stochastic model is a scheme denominated as Sample Average Approximation (SAA. The model is based on the case of a Colombian company dedicated to production and marketing of foodstuffs and supplies for the bakery industry. The results show that the proposed methodology was a solid reference for decision support regarding to the supply networks redesign by considering the expected economic contribution of products and variability of the demand.

  10. Solid construction waste management in large civil construction companies through use of specific software - case study

    Directory of Open Access Journals (Sweden)

    Caio Dalla Zanna

    2017-05-01

    Full Text Available In the current construction market there is a high demand for sustainability. In addition to that the Brazilian government is enacting tougher and tougher legislation on the disposal of solid construction waste. These demands increasingly make the construction company responsible for the entire lifecycle of its waste as well as the accompanying cost and environmental impact of solid waste. A software program was used in the research which allows construction companies gather information about waste. This helps the decision makers, at all different levels of the company improving waste management through better decisions. The software program was used during the construction of two residential buildings, constructed by a large construction company in the South of Brazil. Five key performance indicators were used by the construction company team: Generated Waste Height (cm, cost per built area (R$ m-², Waste Segregation Quality Index (WSQI, Effective Waste Management Index (EWMI and Waste Management Quality Index (WMQI. After four months the total cost of waste management was R$ 83,551.71 for site A and R$ 91,668.02 for site B. About 70% of the waste was raw material waste. The software program provided information not previously available, which made it possible to calculate the cost of material loss, indicating corrective actions, all without losing sight of cost reduction opportunities for the management of Solid construction Waste (SCW.

  11. Integrated sulphur management : gas, oil sands, reclamation and the challenges of fluctuating demand

    International Nuclear Information System (INIS)

    Pineau, R.

    2009-01-01

    International Commodities Export Corporation is a privately held company that provides fully integrated service offerings to add maximum value in designing, building, owning, and operating sulphur assets. The company also offers in-house, engineering, procurement and project management, as well as supply management, transportation and distribution services. It also has expertise in marine transportation. This presentation discussed integrated sulphur management, with particular focus on gas, oil sands, reclamation and the challenges of fluctuating demand. The presentation provided an overview of the sulphur market and oil sands sulphur. Key considerations for oil sands producers were also presented. The challenges of fluctuating demand include price and volume considerations; logistics; geography and distance to market; export/offshore versus domestic/United States; seasonal considerations; and an inelastic sulphur market. The presentation concluded with a status update of ICEC's initiative and the advantages of Prince Rupert, an economically viable export infrastructure to producers without onsite forming facilities. figs

  12. Macroergonomic analysis of an assembly sector of a furniture company.

    Science.gov (United States)

    Cristiane, A A Z; Danielle, M D; Vanessa, C B

    2012-01-01

    From of Macroergonomic Analysis of Work were diagnosed the main ergonomics demands in a furniture company in the city of Cambé, Paraná. Through this method we could identify the most problematic points of the analyzed environment for posterior solutions of improvement with the objective of increasing the working and psychological quality of the employees, motivating their good performance and satisfaction.

  13. Reducing variety in product solution spaces of engineer-to-order companies: The case of Novenco A/S

    DEFF Research Database (Denmark)

    Haug, Anders; Hvam, Lars; Mortensen, Niels Henrik

    2013-01-01

    by eliminating the product variety that do not create customer value. However, for Engineer-to-Order (ETO) companies, elimination of variety is particularly challenging, since it is about reducing variety in a complex product solution space, rather than just eliminating already produced product variants......Today many companies are experiencing increasing demands from customers for shorter delivery times and more competitive prices. In order to increase competitiveness from a price and time-to-market perspective, many companies initiate projects to reduce their internal product complexity....... To support ETO companies in achieving more efficient product solution spaces, this paper presents a procedure for reducing product solution spaces in ETO companies. The procedure is demonstrated through an action research study at the Danish ETO company, Novenco, which develops and manufactures heating...

  14. Innovations of Engineering Company and Competitiveness in the Mining Equipment Market

    Science.gov (United States)

    Pogrebnoi, Vladislav; Samorodova, Lyudmila; Shut'ko, Larisa; Yakunina, Yulia; Lyubimov, Oleg

    2017-11-01

    The article deals with issues related to the development of innovative projects by engineering companies and effective marketing policy as a factor of increasing their competitiveness in the mining equipment market. The paper presents the results of the development of innovative technology in the segment of extensible belt conveyors. The necessity of marketing the innovative project is proved by the example of the development of technology for the production of the motor-drum of a belt conveyor with an adjustable drive on continuous current magnets by the engineering company "Transport-Electroprivod" (LLC). The authors consider the effective marketing strategy of an engineering company as an attractor of increasing demand for innovation and competitiveness in the mining equipment market. The methods of marketing promotion and promotion of innovations are considered within the framework of the ecosystem concept of J. Moore.

  15. Innovations of Engineering Company and Competitiveness in the Mining Equipment Market

    Directory of Open Access Journals (Sweden)

    Pogrebnoi Vladislav

    2017-01-01

    Full Text Available The article deals with issues related to the development of innovative projects by engineering companies and effective marketing policy as a factor of increasing their competitiveness in the mining equipment market. The paper presents the results of the development of innovative technology in the segment of extensible belt conveyors. The necessity of marketing the innovative project is proved by the example of the development of technology for the production of the motor-drum of a belt conveyor with an adjustable drive on continuous current magnets by the engineering company “Transport-Electroprivod” (LLC. The authors consider the effective marketing strategy of an engineering company as an attractor of increasing demand for innovation and competitiveness in the mining equipment market. The methods of marketing promotion and promotion of innovations are considered within the framework of the ecosystem concept of J. Moore.

  16. An Economic Analysis of Brand-Level Strategic Pricing Between Coca-Cola Company and Pepsi

    OpenAIRE

    Dhar, Tirtha; Chavas, Jean- Paul; Cotterill, Ronald W.; Gould, Brian W.

    2005-01-01

    We investigate market structure and strategic pricing for leading brands sold by Coca-Cola Company and PepsiCo. in the context of a flexible demand specification (i.e., nonlinear AIDS) and structural price equations. Our flexible and generalized approach does not rely upon the often used ad hoc linear approximations to demand and profit-maximizing first-order conditions, andthe assumption of Nash-Bertrand competition. We estimate a conjectural variation model and test for different brand-leve...

  17. Graduate Student in Engineering, Hoped by Owners of Medium-and Small-Sized Companies

    Science.gov (United States)

    Kida, Yoshihiro

    Medium-and small-sized companies have held up Japanese technologies which situated top level in the world as far. However, for the technologies of medium-and small-sized companies to keep the top-level in the 21 centuries, researchers and engineers are demand to have high technologies. Those engineers are hoped for to have not only “knowledge”, but also “creativity, feeling and experience”. Therefore, in order to create such professional engineers, educational institute must have a function by which a practical training and education can be conducted.

  18. Wireless monitor for cathodic protection in remote sites: a case study for a university spin-out company

    International Nuclear Information System (INIS)

    Hale, J M

    2007-01-01

    This paper describes how a new spin-out company managed to develop a product and bring it to market. The product, a wireless monitor system for use on cathodic protection equipment, is described briefly with emphasis on the main technical challenge of ultra low power demand. The rest of the paper is devoted to the real challenges facing a new spin-out company: ensuring that its product has a market and obtaining the finance to develop it. It shows how government grants and collaboration with an established company can help

  19. Book-tax conformity in Polish private companies

    Directory of Open Access Journals (Sweden)

    Anna Białek-Jaworska

    2016-12-01

    Full Text Available The purpose of this paper is to identify whether financial income differs significantly from the tax base in Poland and what determines these differences between accounting and taxable results in Polish private entities that are not listed on the stock exchange. In this paper, besides examining the level of book-tax conformity in Poland, we investigate the determinants of book-tax differences in the one-book and twobook accounting systems, with deferred income tax. We use the single factor ANOVA variance analysis, robust fixed effects estimator and the fixed effects linear model with an AR(1 disturbance estimator for panel data of 26,657 private limited liability and non-public joint-stock companies for the period of 2003–2014 (177,667 firm-year observations. The originality of this paper results from the deep quantita-tive analysis of the determinants of book-tax conformity on a novel dataset of Polish private firms. We confirm a strong significant influence of tax law on the shape of the one-book accounting system in Poland. Larger enterprises show fewer book-tax differences. Book-tax conformity is lower in private companies that incur financial losses and in private companies conducting the one-book accounting system. Family-owned companies have higher mean and median book-tax conformity than businessgroups members, due to higher demand for information from their accounts to support stewardship func-tions and to monitor the activities of the management board in the business groups.

  20. Analysis of GRI North American Regional Gas Supply-Demand Model

    International Nuclear Information System (INIS)

    Nesbitt, D.M.; Singh, J.; Pine, G.D.; Kline, D.; Barron, M.; Cheung, P.D.

    1989-01-01

    This paper summarizes the results from the GRI North American Regional Gas Supply-Demand Model using the four scenarios defined for the Energy Modeling Forum Number 9 (EMF-9) described in EMF-9 Working Paper 9.4 (1987). The analysis is designed both to showcase the GRI North American Regional model as well as to infer meaningful results about the North American natural gas system. The focus of the analysis is not R ampersand D per se; R ampersand D analysis using the model is conducted regularly by GRI and described elsewhere. Rather, the objective is to analyze some of the major uncertainties in the North American gas market, uncertainties that potentially affect all players including GRI. In particular, the authors seek to quantify the overall economic environment in which production, transmission, distribution, consumption, and R ampersand D decisions will be made and how different that overall environment might be under alternative assumptions. An attendant objective of this analysis has been to enlist economists from a range of organizations (producers, regulators, GRI, and consultants) to carefully scrutinize the GRI North American Regional model and results. In particular, the coauthors were assembled from diverse organizations to review and evaluate model outputs, applying their particular experience and perspective. The four EMF-9 scenarios upon which this paper is based are described in detail later in this document. Briefly, scenario one represents a world with a surfeit of gas and a relatively high oil price projection; scenario two considers a lower oil price forecast; scenario three assumes a pessimistic outlook for the gas resource base with the same oil prices as scenario one; and scenario four examines a higher level of demand for gas in the North American gas market. An important objective of this analysis is to illustrate the predictive power of multi-scenario comparisons (as contrasted with detailed analysis of any individual scenario)

  1. Demand Response Application forReliability Enhancement in Electricity Market

    OpenAIRE

    Romera Pérez, Javier

    2015-01-01

    The term reliability is related with the adequacy and security during operation of theelectric power system, supplying the electricity demand over time and saving thepossible contingencies because every inhabitant needs to be supplied with electricity intheir day to day. Operating the system in this way entails spending money. The first partof the project is going to be an analysis of the reliability and the economic impact of it.During the last decade, electric utilities and companies had be...

  2. Demand chain management - The evolution

    Directory of Open Access Journals (Sweden)

    D Ericsson

    2011-06-01

    Full Text Available The concepts of Supply Chain Management (SCM and Demand Chain Management (DCM are among the new and debated topics concerning logistics in the literature. The question considered in this paper is: “Are these concepts needed or will they just add to the confusion?” Lasting business concepts have always evolved in close interaction between business and academia. Different approaches start out in business and they are then, more or less si- multaneously, aligned, integrated, systemised and structured in academia. In this way a terminology (or language is provided that helps in further diffusion of the concepts. There is a lack of consensus on the definition of the concept of SCM. This may be one of the major reasons for the difficulty in advancing the science and measuring the results of implementation in business. Relationships in SCM span from rather loose coalitions to highly structured virtual network integrations. DCM is a highly organised chain in which the key is mutual interdependence and partnership. The purpose is to create a distinctive competence for the chain as a whole that helps to identify and satisfy customer needs and wishes. The classical research concerning vertical marketing systems is very helpful in systemising the rather unstructured discussions in current SCM research. The trend lies in increasing competition between channels rather than between companies, which in turn leads to the creation of channels with a high degree of partnership and mutual interdependence between members. These types of channels are known as organised vertical marketing systems in the classic marketing channel research. The behaviour in these types of channels, as well as the formal and informal structures, roles in the network, power and dependence relations, etc. are well covered topics in the literature. The concept of vertical marketing systems lies behind the definition of demand chains and demand chain management proposed in this paper. A

  3. Long-term forecasting of sales of the products of a company in International markets of enriched uranium under restrictions and quotas

    International Nuclear Information System (INIS)

    Klimanov, S.G.; Kryanev, A.V.; Rostovskij, N.S.; Sliva, D.E.; Smirnov, D.S.; Kharitonov, V.V.

    2016-01-01

    A technique of forecasting company sales in the international regional markets of enriched uranium under imposed restrictions and quotas has been developed by the authors on the basis on scenario forecasts of the demand for company products and has been implemented as a set of computer software [ru

  4. The demand for flexibility as a process of disenfranchisement

    DEFF Research Database (Denmark)

    Petersen, Anders; Willig, Rasmus

    2011-01-01

    The demand for employees to show flexibility is not merely a characteristic of large companies, but one that can even be traced in municipal day nurseries and kindergartens. In a series of focus group interviews with Danish kindergarten teachers, managers and staff representatives, it became clear...... to the kindergarten teachers' experience of insecurity, Axel Honneth's considerations of how it has become harder to perceive the kinds of performance that will provide recognition have been included. Similarly, Boltanski and Chiapello's reflections on project work, in which the idea of showing flexibility...... is a central value in obtaining recognition, have been included and are discussed in relation to the fact that several of the respondents felt their criticism was not heard when they protested against the increasing demands for flexibility....

  5. Load Reduction, Demand Response and Energy Efficient Technologies and Strategies

    Energy Technology Data Exchange (ETDEWEB)

    Boyd, Paul A.; Parker, Graham B.; Hatley, Darrel D.

    2008-11-19

    The Department of Energy’s (DOE’s) Pacific Northwest National Laboratory (PNNL) was tasked by the DOE Office of Electricity (OE) to recommend load reduction and grid integration strategies, and identify additional demand response (energy efficiency/conservation opportunities) and strategies at the Forest City Housing (FCH) redevelopment at Pearl Harbor and the Marine Corps Base Hawaii (MCBH) at Kaneohe Bay. The goal was to provide FCH staff a path forward to manage their electricity load and thus reduce costs at these FCH family housing developments. The initial focus of the work was at the MCBH given the MCBH has a demand-ratchet tariff, relatively high demand (~18 MW) and a commensurate high blended electricity rate (26 cents/kWh). The peak demand for MCBH occurs in July-August. And, on average, family housing at MCBH contributes ~36% to the MCBH total energy consumption. Thus, a significant load reduction in family housing can have a considerable impact on the overall site load. Based on a site visit to the MCBH and meetings with MCBH installation, FCH, and Hawaiian Electric Company (HECO) staff, recommended actions (including a "smart grid" recommendation) that can be undertaken by FCH to manage and reduce peak-demand in family housing are made. Recommendations are also made to reduce overall energy consumption, and thus reduce demand in FCH family housing.

  6. Application of marginal calculation in managing a cooperative company

    Directory of Open Access Journals (Sweden)

    Danuta Mierzwa

    2011-01-01

    Full Text Available In the market economy the basic subject is a private enterprise dealing with the production of goods and services in order to maximize profit. The neoclassical microeconomics focuses on examining only these enterprises on the market, which strive to maximize profit within certain limitations in a rational way. Acc. to the act of September 1982 on the co-operative law (The Journal of Laws 1982, no 30, pos. 2010, a cooperative company belongs to a group of private enterprises. However, it is called a non-profit enterprise. Nevertheless, cooperative companies on the market are seldom confronted with capital companies. In the market economy it is a rare situation for a company not to be threatened by competition. And even if such a situation does happen, it is always connected with limited demand. Thus the following question may be asked: can a co-operative company, if it wants to become rational, utilize the marginalization theory in order to determine its general balance? The author is trying to answer this question in her article, selecting an agricultural supply co-operative for her analysis. Using the graphical method, she determines various types of optimums, at the same time stating what importance it has for the members and what position the co-perative holds on the market. In the conclusion she emphasizes that the difficulties with applying the marginalization theory in the co-operative companies are brought about by the way decisions are taken and these subjects are managed, and may be the reason why many of these enterprises are closed down.

  7. Integrated pollution prevention and control scares industrial companies

    International Nuclear Information System (INIS)

    Zackova, K.; Sobinkovic, B.

    2003-01-01

    It will not be easy to obtain a permit to open a new industrial plant. And not only the new ones but all important operating industrial productions will require a so called integrated permit. Both authorities and company managers consider the validation process to be more demanding compared to the current procedure for obtaining a building or user permit. As of August 1, 2003 - the day a new Act on Integrated Pollution Prevention and Control (IPPC) is expected to enter into force - only integrated permits will be given. The related bill has been passed to the parliament for the second reading. As of end of April next year the future of 31 industrial plants will depend on whether they will be granted a integrated permit or not. IPPC is a terror for companies due to its seriousness, complexity and the relatively short time given, should they not manage to obtain a permit the plant may be closed down. The European Commission (EC) Directive 96/61/EC Integrated Pollution Prevention and Control raises the same concerns among companies in European Union (EU) member states. It is one of the most strict environmental standards and one of the sensitive conditions of EU entry. That is one of the reasons transition periods for this Directive were negotiated for ten Slovak companies. (Authors)

  8. [Work-related stress and psychological distress assessment in urban and suburban public transportation companies].

    Science.gov (United States)

    Romeo, L; Lazzarini, G; Farisè, E; Quintarelli, E; Riolfi, A; Perbellini, L

    2012-01-01

    The risk of work-related stress has been determined in bus drivers and workers employed in the service department of two urban and suburban public transportation companies. The INAIL evaluation method (Check list and HSE indicator tool) was used. The GHQ-12 questionnaire, which is widely used to assess the level of psychological distress, was also employed. 81.9% of workers involved in the survey answered both the HSE indicator tool and the GHQ-12 questionnaire. The Check list evaluation showed an increase in quantifiable company stress indicators while close examination using the HSE indicator tool demonstrated critical situations for all the subscales, with the control subscales more problematic in bus drivers. The demand, manager's support, relationships and change subscales were most associated with psychological distress in bus drivers, while relationships, role, change and demand subscales were negatively related in workers of the service department.

  9. Research on service strategy of electricity selling company under the reform of electricity market

    Science.gov (United States)

    Long, Zhuhan; Meng, Shiyu; Dou, Jinyue; Zeng, Ming; Sun, Chenjun

    2017-10-01

    The opening of the sale side of electricity market is an important goal of the new round of power system reform in China, and it is necessary to speed up the establishment and development of the electricity selling companies to achieve this goal. First of all, this paper defines the key problems, which are needed to be solved in the establishment of the sale side market, such as demand side response, optimization of users' power consumption mode, profit mode of electricity selling companies and fair competition in the market. On this basis, this paper analyzes the business of electricity selling company, from the aspects of the transition of business ideas, improving the energy efficiency level, providing integrated energy solutions and innovating business management mode; and then, the service strategies of electricity selling companies are put forward.

  10. Inventory management of spare parts in an energy company

    Energy Technology Data Exchange (ETDEWEB)

    Guajardo, Mario; Roennqvist, Mikael; Halvorsen, Ann Mari; Kallevik, Svein Inge

    2012-06-15

    We address a problem of inventory management of spare parts in the context of a large energy company, producer of oil and gas. Spare parts are critical for assuring operational conditions in offshore platforms. About 200,000 different items are held in several inventory plants. The inventory system implemented at the company corresponds to a min-max system. The control parameters are decided based mainly on the expert judgment of the planners. Also, though the inventory plants can in practice be supplied from each other, the inventory planning is performed separately by the plant planners. This is because of different ownership structures where the studied company has the operative responsibility. The company is pursuing a system in which all planners conform to the same inventory management approach and evaluation, as well as being more cost efficient. Our work focuses on supporting this goal. We apply methods to decide the inventory control parameters for this system under a service level constraint. The methodology we use distinguishes unit-size and lot-size demand cases. We perform computational experiments to find control parameters for a sample of items. After the control parameters are found, we use them to explore the impact of risk pooling among the plants and inaccuracy arising from duplicate item codes.(Author)

  11. Application of Karasek's demand/control model a Canadian occupational setting including shift workers during a period of reorganization and downsizing.

    Science.gov (United States)

    Schechter, J; Green, L W; Olsen, L; Kruse, K; Cargo, M

    1997-01-01

    To apply Karasek's Job Content Model to an analysis of the relationships between job type and perceived stress and stress behaviors in a large company during a period of reorganization and downsizing. Cross-sectional mail-out, mail-back survey. A large Canadian telephone/telecommunications company. Stratified random sample (stratified by job category) of 2200 out of 13,000 employees with a response rate of 48.8%. Responses to 25 of Karasek's core questions were utilized to define four job types: low-demand and high control = "relaxed"; high demand and high control = "active"; low demand and low control = "passive", and high demand and low control = "high strain." These job types were compared against self-reported stress levels, perceived general level of health, absenteeism, alcohol use, exercise level, and use of medications and drugs. Similar analyses were performed to assess the influence of shift work. Employees with "passive" or "high strain" job types reported higher levels of stress (trend test p Karasek and Theorell was validated in this setting with respect to stress and some stress-associated attitudes and behaviors.

  12. Effect of the equity multiplier indicator in companies according the sectors

    Directory of Open Access Journals (Sweden)

    Lenka Lízalová

    2013-01-01

    Full Text Available Managers carry out the demand of the owners to maximise the rentability of invested capital with regards to the taken risk. The tool that evaluates the suitability to indebt in order to reach a higher rentability is the equity multiplier indicator. An analysis of the multiplier was carried out on 10 years of data from 456 Czech companies. Based on the data from these companies the influence of two components of the multiplier, which characterise the influence of indebtedness on the return on equity, was analysed. These components are “financial leverage” and “interest burden”, these having an antagonistic effect. The low variability of the equity multiplier is apparent in the companies of the administrative and support service sector and it is also relatively low in the companies of the agriculture, forestry and fishing sector; on the contrary, in for example the professional, scientific and technical activities and the sector of water, sewage and waste there are companies with higher variability of the equity multiplier. The paper identifies companies (in view of their sector specialization inclining to a larger utility of debts to increase the return on equity. The largest equity is reached in companies of the construction sector; the lowest effect of the multiplier is to be found in companies of the agriculture sector. The resulting value of the multiplier is to a large extent determined by the financial leverage indicator, to a lower extent and at the same time negatively by the interest burden indicator.

  13. 75 FR 42432 - Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC...

    Science.gov (United States)

    2010-07-21

    ... Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC, Transcontinental... abandonment of facilities by Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas... resources, fisheries, and wetlands; Cultural resources; Vegetation and wildlife; Endangered and threatened...

  14. Animating the Ethical Demand

    DEFF Research Database (Denmark)

    Vistisen, Peter; Jensen, Thessa; Poulsen, Søren Bolvig

    2015-01-01

    This paper addresses the challenge of attaining ethical user stances during the design process of products and services and proposes animation-based sketching as a design method, which supports elaborating and examining different ethical stances towards the user. The discussion is qualified...... by an empirical study of Responsible Research and Innovation (RRI) in a Triple Helix constellation. Using a three-week long innovation workshop, U- CrAc, involving 16 Danish companies and organisations and 142 students as empirical data, we discuss how animation-based sketching can explore not yet existing user...... dispositions, as well as create an incentive for ethical conduct in development and innovation processes. The ethical fulcrum evolves around Løgstrup’s Ethical Demand and his notion of spontaneous life manifestations. From this, three ethical stances are developed; apathy, sympathy and empathy. By exploring...

  15. IMPLEMENTATION OF LEAN MANUFACTURING IN FISH CANNING COMPANY: A CASE STUDY OF A CANNED SARDINES PRODUCTION COMPANY IN MOROCCO

    Directory of Open Access Journals (Sweden)

    I. Idrıssi

    2015-12-01

    Full Text Available Lean is a powerful tool, which can bring significant benefit to manufacturing industries by creating value through reduction of waste. Although the lean concept has become very popular in mass production industries such as the automotive industry, more recently the concept has been adopted in different batch processing industries and service sectors. The application of lean tools into the food processing industry has not received the same level of attention compared to the traditional manufacturing industries. The paper discusses how the lean concept could be applied to a fish manufacturing company. The paper first presents the lean concept tools. The empirical section discusses how a case company, operating as a contract manufacturer in the food industry, has applied the lean production concept and tools. In the case study, three analysis tools are examined and the structures of demand chains of different customers are presented. The delivery times will decrease and more flexibility will be needed from the contract manufacturer. The case study shows that much movement is possible toward the lean supply chain and partnership-based cooperation. By implementing the lean concept, food companies can increase customer value through cost reduction or through provision of additional value-enhanced services.

  16. THE IMPORTANCE OF THE RELATIONSHIP BETWEEN COMPANY AND INCUBATOR FOR BIOTECHNOLOGY DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Ana Paula Ferreira Alves

    2014-01-01

    Full Text Available The biotechnology activities development demands an intense academic and scientific basis, a productive sector capable of transforming academic research in scientific products and services, and the creation of an institutional environment to promote the sector’s development. Moreover, many biotechnology companies establish formal partnerships with Universities (by technological incubator to expand innovative capacity coming into the market. The importance of biotechnology for developing countries is perceived by its ability to promote national development based on knowledge and innovation. In Brazil, the government establishes technological incubators to accelerate the company consolidation. In this way, it is important to study the relationship between the actors involved. In this context, this article aims to analyze the relationship between a technological incubator and a biotech company. To do so, the qualitative approach was adopted to reach the objective. Interviews with incubator’s employees of a Brazilian University and biotechnology company’s managers were conducted. The results show that the company-incubator interaction promoted projects approval which were able to support new researches development and to purchase production equipment. Incubated companies have higher chances of survival in the market from the interaction with University, through the technological incubator. The relationship between the incubator and the biotech company is considered a fundamental condition for biotechnology activities development.

  17. Meeting India's growing energy demand with nuclear power

    International Nuclear Information System (INIS)

    Matzie, R.

    2009-01-01

    Full text: With world energy demand expected to nearly double by 2030, the need for safe, reliable and clean energy is imperative. In India, energy demand has outpaced the increase in energy production, with the country experiencing as much as a 12 percent gap between peak demand and availability. To meet demand, nuclear power is the ideal solution for providing baseload electricity, and as much as 40-60 GWe of nuclear capacity will need to be added throughout the county over the next 20 years. This presentation will describe the benefits of nuclear power compared to other energy sources, provide an overview of new nuclear power plant construction projects worldwide, and explain the benefits and advantages of the Westinghouse AP1000 nuclear power plant. The presentation will also outline the steps that Westinghouse is taking to help facilitate new nuclear construction in India, and how the company's 'Buy Where We Build' approach to supply chain management will positively impact the Indian economy through continued in-country supplier agreements, job creation, and the exporting of materials and components to support AP1000 projects outside of India. Finally, the presentation will show that the experience Westinghouse is gaining in constructing AP1000 plants in both China and the United States will help ensure the success of projects in India

  18. ANALYSIS OF THE COMPETITIVE MANAGEMENT OF THE SMALL AND MEDIUM COMMERCIAL COMPANIES OF ESMERALDAS, REPUBLIC OF THE ECUADOR

    Directory of Open Access Journals (Sweden)

    Manuel Ruvin Quiñónez-Cabeza

    2016-01-01

    Full Text Available This paper analyzes the competitive administration of the small and medium companies of the smallest trade of Emeralds, Republic of the Ecuador. The different companies related with activities are studied that have discharge it demands in the local population. In this sense, an empiric study has been developed through 344 surveys and personal interviews carried out proprietors, administrators and workers. Finally, the most outstanding revelations in this empiric work are commented, standing out those important barriers that limit the competitiveness of the studied companies

  19. Monthly electric energy demand forecasting with neural networks and Fourier series

    International Nuclear Information System (INIS)

    Gonzalez-Romera, E.; Jaramillo-Moran, M.A.; Carmona-Fernandez, D.

    2008-01-01

    Medium-term electric energy demand forecasting is a useful tool for grid maintenance planning and market research of electric energy companies. Several methods, such as ARIMA, regression or artificial intelligence, have been usually used to carry out those predictions. Some approaches include weather or economic variables, which strongly influence electric energy demand. Economic variables usually influence the general series trend, while weather provides a periodic behavior because of its seasonal nature. This work investigates the periodic behavior of the Spanish monthly electric demand series, obtained by rejecting the trend from the consumption series. A novel hybrid approach is proposed: the periodic behavior is forecasted with a Fourier series while the trend is predicted with a neural network. Satisfactory results have been obtained, with a lower than 2% MAPE, which improve those reached when only neural networks or ARIMA were used for the same purpose. (author)

  20. Demand management: another marketing tool or a way to quality care?

    Science.gov (United States)

    Mohler, M J; Harris, J M

    1998-05-01

    Demand management tools are population-based strategies used to control costs and improve utilization of services by assisting health consumers in maintaining their health and seeking appropriate health care. These tools are increasingly used by health care delivery systems and, in the US, by fiscal intermediaries, such as insurance companies. If these tools are not properly applied, there is a clear possibility that their use may lead a reduction of health care services with no improvement in clinical, humanistic, or economic outcomes. Demand management effectiveness has not been rigorously examined by the medical industry or academia. Before adopting or purchasing demand management technologies, health care systems should examine them carefully to determine how the tools were developed and who they were intended to serve. Once implemented, careful tracking of population outcomes is as necessary with these technologies as with any other technologies that can affect health care.

  1. Impact of the Customers’ and Governments’ Demands on Complex Food Supply Chains

    Directory of Open Access Journals (Sweden)

    Alexandra Ioana IONESCU FLOREA

    2016-06-01

    Full Text Available Food crisis are always of big concern for the consumers and governments. Complex supply chains make it more difficult for all actors involved to manage such a crisis. Companies in the food industry must respond now not only to the concerns of customers about the food safety, but also to their need for fresh and healthy products. Together with governments, to enforce regularly the legislation, customers affect the way food actors conduct their business, and can have a great impact on the food supply chain. In order to answer these needs, companies have to modify their supply chains and operate with more transparency, taking into account the demands for traceability. The objective of this article is to analyze how customers and governments trigger more transparency from the food companies and supply chains, the opportunities and challenges of implementing and communicating transparency and traceability.

  2. Relevance and feasibility of Social Life Cycle Assessment from a Company Perspective

    DEFF Research Database (Denmark)

    Jørgensen, Andreas; Hauschild, Michael Zwicky; Jørgensen, Michael Søgaard

    2009-01-01

    Methodology development should reflect demands from the intended users: what are the needs of the user group and what is feasible in terms of requirements involving data and work? Mapping these questions of relevance and feasibility is thus a way to facilitate a higher degree of relevance...... of the developed methodology. For the emerging area of social life cycle assessment (SLCA), several different potential user groups may be identified. This article addresses the issues of relevance and feasibility of SLCA from a company perspective through a series of interviews among potential company users....... The empirical basis for the survey is a series of eight semi-structured interviews with larger Danish companies, all of which potentially have the capacity and will to use comprehensive social assessment methodologies. SLCA is not yet a well-defined methodology, but still it is possible to outline several...

  3. INDICATORS USED IN ANALYSING EMPLOYEES’ BEHAVIOUR IN A COMPANY

    Directory of Open Access Journals (Sweden)

    LĂPĂDUŞI MIHAELA LOREDANA

    2014-10-01

    Full Text Available The acquisition and maintenance of a competitive advantage in a market economy is supported primarily by the quality of human resources, staff’s individual and collective skills and managing team’s skills. The performance of the company, its capacity and power to cope with the changes and demands of the market and the competitive environment depend on providing with human material and financial resources as well as on how to combine and manage them. In analysing employees’ behaviour in a company can be considered a series of circumstances and be used a multitude of factors, but from economic and financial point of view the following indicators can be used: working time, staff mobility and conflict in work relations. The general theme which will represent the object of this research refers to the behavior of the personnel of a company regarding the perspective of the three indicators which will be presented and anylised in this article. The results of this research will confirm the hyphotesis that the performance of a company and its capacity of coping with a competitive environment depends to the greatest extent of the way are managed and used the human, material and financial resources and will contribute at streghthening the conviction that the human resources remain always the first strategic resources of a company and unique in what regards their potential of increase, influence and development. The purpose of this article is to highlight the fact that the attainment of an objective by a company depends on the one hand on the company management,its employees and partners, and on the other hand by external and internal circumstances. Through the interaction of the two components it could be seen the manifestation of employees’ behaviour influenced mainly by the following factors: working hours, mobility and conflict.

  4. 75 FR 13524 - Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC...

    Science.gov (United States)

    2010-03-22

    ... Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC, Transcontinental... notice that on March 5, 2010, Northern Natural Gas Company (Northern Natural), 1111 South 103rd Street, Omaha, Nebraska 68124- 1000, filed on behalf of itself and other owners, Southern Natural Gas Company...

  5. Petroleum labour market information supply demand analysis 2009-2020

    International Nuclear Information System (INIS)

    2010-03-01

    Since 2006, the petroleum industry has been interested in collaboration to determine labour demand and supply/demand gaps for the upstream petroleum industry. In 2006, the petroleum industry experienced strong employment growth and was having difficulty finding workers. Comprehensive, up-to-date labour market information and analysis are the key foundation for addressing labour supply/demand issues. This document presented labour market information on the petroleum industry in order to inform company retention and recruitment offices; government departments involved in development of labour market policies and programs; education and training institutions; guidance counsellors, employment centres and organizations that work with youth and labour supply pools; and job seekers. Specific topics that were discussed included two industry scenarios (growth and base case) in determining the petroleum industry's medium-and long-term employment needs; labour supply/demand considerations for the industry as a whole and an industry-wide cost management; and an analysis of exploration and production, oil sands, services, and pipeline sectors to 2020. It was concluded that while new employment is not expected to lead to labour shortages within the pipeline sector, attrition due to requirements almost certainly would. In the growth scenario, it is likely the pipeline sector will be challenged by competition from the other petroleum industry sectors. tabs., figs., appendices.

  6. Petroleum labour market information supply demand analysis 2009-2020

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-03-15

    Since 2006, the petroleum industry has been interested in collaboration to determine labour demand and supply/demand gaps for the upstream petroleum industry. In 2006, the petroleum industry experienced strong employment growth and was having difficulty finding workers. Comprehensive, up-to-date labour market information and analysis are the key foundation for addressing labour supply/demand issues. This document presented labour market information on the petroleum industry in order to inform company retention and recruitment offices; government departments involved in development of labour market policies and programs; education and training institutions; guidance counsellors, employment centres and organizations that work with youth and labour supply pools; and job seekers. Specific topics that were discussed included two industry scenarios (growth and base case) in determining the petroleum industry's medium-and long-term employment needs; labour supply/demand considerations for the industry as a whole and an industry-wide cost management; and an analysis of exploration and production, oil sands, services, and pipeline sectors to 2020. It was concluded that while new employment is not expected to lead to labour shortages within the pipeline sector, attrition due to requirements almost certainly would. In the growth scenario, it is likely the pipeline sector will be challenged by competition from the other petroleum industry sectors. tabs., figs., appendices.

  7. For a simultaneous mastery of the energy demand and offer; Pour une maitrise simultanee de la demande et de l'offre d'energie

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2003-05-01

    This document is a 'white book' written by the French energy-environment technical association (ATEE) in the framework of the national debate on energies. Its aim is to provide arguments, ways of reflexion and proposals of measures and actions in the domain of competence of the ATEE, i.e. energy mastery, renewable energies and cogeneration in the industry sector, the public and private tertiary sector, the collective dwelling and the local organizations. The recommendations of ATEE are based on a balance and sustainable mastery of both the energy demand and the energy offer: 1 - reduction of the demand and improvement of the energy efficiency (reduction of the French energy intensity, consumer information about energy saving and abatement of CO{sub 2} emissions, abatement of energy consumptions in government buildings, allocation of sufficient budgetary means to the French agency of environment and energy mastery (Ademe), implementation of energy mastery programs by energy suppliers, generalization of 'result contracts' by energy service companies and progressive integration of CO{sub 2} emissions, appointment of energy responsible persons in administrations and energy consuming companies, creation of a domestic emission credit market for non-eligible companies, integration of the indirect emissions due to the transports, implementation of the technology procurement purchase method to improve the energy efficiency of common appliances). 2 - mastery of the offer: encouraging cogeneration, revalorization of the repurchase tariffs of the electricity produced from renewable energies, flattening of the administrative, regulatory and contractual obstacles, promotion of the use of renewable heat. The contributions of the 'cogeneration', 'biogas' and 'wood-fuel' associations are given in appendixes. (J.S.)

  8. From health plan companies to international insurance companies: changes in the accumulation regime and repercussions on the healthcare system in Brazil.

    Science.gov (United States)

    Bahia, Ligia; Scheffer, Mario; Tavares, Leandro Reis; Braga, Iale Falleiros

    2016-11-03

    The concentration and internationalization of health plan companies in Brazil gave them a clearly financial face. Based on the need to understand the health care industry's capital accumulation patterns, the current study examines health plan companies' expansion strategies through the classification of their supply and demand characteristics by recent historical periods and an analysis of recent shareholding trends in one of the leading corporations in the Brazilian health care industry. The 1960s to 2000s witnessed changes in the scale of demands for health plans and adherence by companies to long-term accumulation strategies. Beginning in the early 21st century, changes in the shareholding structures of the largest Brazilian company, consistent with the financialization of its accumulation regime, resulted in the rapid multiplication of its capital. Deepening segmentation of the health care system in a context marked by the downturn in the national economy challenges the preservation of public subsidies for private health plans. Resumo: A concentração e internacionalização de empresas de planos de saúde no Brasil conferiram-lhes feição financeira. Considerando a necessidade de compreender os padrões de acumulação desse setor, o trabalho examina estratégias de expansão das empresas de planos de saúde por meio da periodização de atributos da oferta e demanda e exame da trajetória patrimonial recente de um dos grandes grupos do setor. Entre os anos 1960 e 2000, ocorreram alterações na escala das demandas por planos de saúde e adesão das empresas a estratégias de acumulação de longo prazo. A partir do século XXI, as alterações nas estruturas societárias da maior empresa brasileira, compatíveis com o regime de acumulação financeirizada, resultaram na multiplicação de seu capital em um curto intervalo de tempo. O aprofundamento da segmentação do sistema de saúde, em um contexto marcado pela desaceleração da economia, questiona a

  9. Serotonin depletion induces pessimistic-like behavior in a cognitive bias paradigm in pigs.

    Science.gov (United States)

    Stracke, Jenny; Otten, Winfried; Tuchscherer, Armin; Puppe, Birger; Düpjan, Sandra

    2017-05-15

    Cognitive and affective processes are highly interrelated. This has implications for neuropsychiatric disorders such as major depressive disorder in humans but also for the welfare of non-human animals. The brain serotonergic system might play a key role in mediating the relationship between cognitive functions and affective regulation. The aim of our study was to examine the influence of serotonin depletion on the affective state and cognitive processing in pigs, an important farm animal species but also a potential model species for biomedical research in humans. For this purpose, we modified a serotonin depletion model using para-chlorophenylalanine (pCPA) to decrease serotonin levels in brain areas involved in cognitive and affective processing (part 1). The consequences of serotonin depletion were then measured in two behavioral tests (part 2): the spatial judgement task (SJT), providing information about the effects of the affective state on cognitive processing, and the open field/novel object (OFNO) test, which measures behavioral reactions to novelty that are assumed to reflect affective state. In part 1, 40 pigs were treated with either pCPA or saline for six consecutive days. Serotonin levels were assessed in seven different brain regions 4, 5, 6, 11 and 13days after the first injection. Serotonin was significantly depleted in all analyzed brain regions up to 13days after the first application. In part 2, the pCPA model was applied to 48 animals in behavioral testing. Behavioral tests, the OFNO test and the SJT, were conducted both before and after pCPA/saline injections. While results from the OFNO tests were inconclusive, an effect of treatment as well as an effect of the phase (before and after treatment) was observed in the SJT. Animals treated with pCPA showed more pessimistic-like behavior, suggesting a more negative affective state due to serotonin depletion. Thus, our results confirm that the serotonergic system is a key player in cognitive

  10. Analysis and design of a Taguchi-Grey based electricity demand predictor for energy management systems

    International Nuclear Information System (INIS)

    Yao, Albert W.L.; Chi, S.C.

    2004-01-01

    In order to use electricity efficiently, a demand control management system is one of the effective ways to reduce energy consumption and electric bills. An electricity demand control system is used as a means to monitor and manage the usage of electricity effectively. Moreover, it is a useful tool for avoiding penalties beyond the contracted demand value of electricity with the electric power company. In this project, we developed a Taguchi-Grey based predictor to forecast the demand value of electricity on line. In a Grey prediction, the parameter settings are highly relevant to the accuracy of forecasting. A Taguchi method was employed to optimize the parameter settings for the Grey based electricity demand value predictor. Our experimental results show that the optimal parameter settings of the Grey prediction are α=0.4, five point modeling and three minute sampling time of the data acquisition system. The improved Taguchi-Grey based electricity demand predictor in conjunction with the PC based electricity demand control system is a cost effective and efficient means to manage the usage of electricity

  11. How to catch a Unicorn: An exploration of the universe of tech companies with high market capitalisation

    OpenAIRE

    SIMON Jean-Paul

    2016-01-01

    Technology companies with high market capitalisation (often called unicorns) have been receiving a lot of attention and media coverage recently. In general, unicorns are IT-centric (software mostly, but also hardware). They are often rather young global companies that match unsatisfied demand with supply through the production (which can easily be scaled up) of innovative and usually affordable services and products. These are usually part of the mobile internet wave, and rely on connect...

  12. SAFER - Company Snapshot - SAFER - Company Snapshot

    Data.gov (United States)

    Department of Transportation — The Company Snapshot is a concise electronic record of company identification, size, commodity information, and safety record, including the safety rating (if any),...

  13. Servant leadership and work-related well-being in a construction company

    Directory of Open Access Journals (Sweden)

    Michiel F. Coetzer

    2017-11-01

    Full Text Available Orientation: High levels of work-related well-being are imperative to ensure financial stability, competitiveness and sustainability in the construction industry. Leadership plays a fundamental role to enhance work engagement and to decrease burnout. The interrelationships between servant leadership, job demands, job resources, work engagement and burnout are still unknown, especially within the construction industry. Research purpose: The aim of this study was to explore the interrelationships between servant leadership, job demands, job resources, work engagement and burnout in a construction company. Motivation for the study: The construction industry is a highly demanding and labour intensive industry, which makes it difficult to sustain high work engagement and low burnout. This industry therefore calls for a people-orientated leadership approach, such as servant leadership, to enhance job resources to ultimately increase work engagement and to decrease burnout levels. Research design, approach and method: A quantitative research design was applied and four quantitative surveys were used to collect data. Two hundred and twenty-four sets of questionnaires were completed by employees in a South African construction company. Main findings: The results indicated that job resources mediated a positive relationship between servant leadership and work engagement and a negative relationship between servant leadership and burnout. Servant leadership had a positive significant relationship with job resources and significantly explained a proportion of the variance in job resources. Job resources, in turn, significantly explained a proportion of increase in work engagement levels and a proportion of reduction in burnout levels. An insignificant relationship was found between job demands and servant leadership. Practical or managerial implications: The findings showed that servant leadership could be used as an effective leadership approach to enhance

  14. Diversification and Corporate Performance: Evidence from China’s Listed Energy Companies

    Directory of Open Access Journals (Sweden)

    Qiming Li

    2016-09-01

    Full Text Available Recently, China’s energy industry has been continuously depressed due to a slowdown in its economic development. China’s energy companies have made considerable efforts to promote their corporate performance to mitigate this performance decline and to ensure the sustainable development of China’s energy industry, macro economy, society and environment. In this paper, the effects of two business strategies—industrial diversification and international diversification—on the performance of listed energy firms are empirically investigated. The empirical results show the following: (1 industrial diversification hinders corporate performance; (2 for industrially-diversified energy companies, related diversified strategies are more effective than unrelated diversified strategies; and (3 international diversification improves the performance of renewable energy firms, but hinders the performance of conventional energy firms. These results suggest that as economic conditions are not currently optimal, China’s energy companies should pay more attention to their main businesses and generate more products to satisfy market demand.

  15. 2025 California Demand Response Potential Study - Charting California’s Demand Response Future. Final Report on Phase 2 Results

    Energy Technology Data Exchange (ETDEWEB)

    Alstone, Peter [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Potter, Jennifer [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Piette, Mary Ann [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Schwartz, Peter [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Berger, Michael A. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Dunn, Laurel N. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Smith, Sarah J. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Sohn, Michael D. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Aghajanzadeh, Aruab [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Stensson, Sofia [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Szinai, Julie [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Walter, Travis [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); McKenzie, Lucy [Energy and Environmental Economics, Inc. (E3), San Francisco, CA (United States); Lavin, Luke [Energy and Environmental Economics, Inc. (E3), San Francisco, CA (United States); Schneiderman, Brendan [Energy and Environmental Economics, Inc. (E3), San Francisco, CA (United States); Mileva, Ana [Energy and Environmental Economics, Inc. (E3), San Francisco, CA (United States); Cutter, Eric [Energy and Environmental Economics, Inc. (E3), San Francisco, CA (United States); Olson, Arne [Energy and Environmental Economics, Inc. (E3), San Francisco, CA (United States); Bode, Josh [Nexant, Inc., Nashville, TN (United States); Ciccone, Adriana [Nexant, Inc., Nashville, TN (United States); Jain, Ankit [Nexant, Inc., Nashville, TN (United States)

    2017-03-01

    California’s legislative and regulatory goals for renewable energy are changing the power grid’s dynamics. Increased variable generation resource penetration connected to the bulk power system, as well as, distributed energy resources (DERs) connected to the distribution system affect the grid’s reliable operation over many different time scales (e.g., days to hours to minutes to seconds). As the state continues this transition, it will require careful planning to ensure resources with the right characteristics are available to meet changing grid management needs. Demand response (DR) has the potential to provide important resources for keeping the electricity grid stable and efficient, to defer upgrades to generation, transmission and distribution systems, and to deliver customer economic benefits. This study estimates the potential size and cost of future DR resources for California’s three investor-owned utilities (IOUs): Pacific Gas and Electric Company (PG&E), Southern California Edison Company (SCE), and San Diego Gas & Electric Company (SDG&E). Our goal is to provide data-driven insights as the California Public Utilities Commission (CPUC) evaluates how to enhance DR’s role in meeting California’s resource planning needs and operational requirements. We address two fundamental questions: 1. What cost-competitive DR service types will meet California’s future grid needs as it moves towards clean energy and advanced infrastructure? 2. What is the size and cost of the expected resource base for the DR service types?

  16. Load-bearing masonry system adoption and performance: A case study of construction company in a developing country

    Science.gov (United States)

    Ramli, Nor Azlinda; Abdullah, Che Sobry; Nawi, Mohd Nasrun Mohd; Bahaudin, Ahmad Yusni

    2016-08-01

    This study addresses the factors that influence the adoption of load-bearing masonry (LBM) system. A case study of the load-bearing masonry (LBM) system adoption is conducted through an interview to explore the situation of the technology adoption in a construction company. The finding indicates the factors influence the adoption of LBM system for the construction company are: organizational resources, usefulness, less maintenance, reduce construction time and cost. From the findings, these factors consistent with previous literature. Furthermore, the performance of the company was measured by looking into the financial and non-financial aspects. The LBM system brings good performance as it increased the profits of the company, a good quality of product and attracts more demand from customers. Thus, these factors should be considered for the other companies that are interested in implementing the LBM system in their projects.

  17. Interactions between business and financial strategies in Serbian companies

    Directory of Open Access Journals (Sweden)

    Kaličanin Đorđe

    2014-01-01

    Full Text Available We surveyed financial and general managers of 58 companies in Serbia in order to examine their views on the interactions between business and financial strategies. Although the theoretical views are well known and clear, in practice, when there is limited availability of funding sources, a meaningful combination of business and financial risk can be very difficult. We found moderate interactions between business and financial strategies. Managers of companies in Serbia are very aware of the fact that the high volatility of operating profit suggests that they should limit borrowing. However, ordinary practical problems in day-to-day operations, such as long periods of collection of accounts receivable, force the companies to take additional debt. There are significant differences between the views of managers of large companies and managers of small businesses on how business strategy dictates financial strategy. However, firm size is not relevant to the current level of debt, although earlier decisions on business strategy in terms of diversification and internationalization are relevant to the level of leverage. Somewhat surprisingly, the current level of debt does not affect the intended financial strategy in the sense of the managers’ preferences to take additional debt to finance possible diversification and internationalization or other high-risk financially demanding business strategies. As the pecking order theory advocates, managers have a strong tendency towards internal financing.

  18. Effect of Job Satisfaction and Motivation towards Employee's Performance in XYZ Shipping Company

    Science.gov (United States)

    Octaviannand, Ramona; Pandjaitan, Nurmala K.; Kuswanto, Sadikin

    2017-01-01

    In the digital and globalization era which are demanding for tech progress. Human resources need to work more closely and concentration. Small errors can lead to fatal errors that result in high costs for the company. The loss of motivation at work influences employee satisfaction and have a negative impact on employee performance. Research was…

  19. The psychological effects of empowerment strategies on consumers' product demand

    DEFF Research Database (Denmark)

    Fuchs, Christoph; Prandelli, Emanuela; Schreier, Martin

    2010-01-01

    . In such scenarios, it is no longer the company but its customers who decide democratically which products should be produced. This article discusses the first set of empirical studies which highlight the important psychological consequences of this power shift. The results indicate that customers who are empowered...... of psychological ownership of the products selected. The studies also identify two boundary conditions for this "empowerment - product demand" effect: It diminishes if the outcome of the joint decision-making process does not reflect consumers' preferences and if consumers do not feel that they have the relevant......Companies have recently begun to use the Internet in order to integrate their customers more actively into various phases of the new product development (NPD) process. One such strategy involves empowering customers to cooperate in selecting the product concepts to be marketed by the firm...

  20. Formation of an integrated holding company to produce rare-earth metal articles

    Science.gov (United States)

    Bogdanov, S. V.; Grishaev, S. I.

    2013-12-01

    The possibility of formation of a Russian holding company for the production of rare-earth metal articles under conditions of its increasing demand on the world market is considered. It is reasonable to ensure stable business operation on the market under conditions of state-private partnership after the fraction of soled products is determined and supported by the competitive advantages of Russian products.

  1. STUDY ABOUT A FURNITURE COMPANY THAT USES NEW TECHNOLOGIES AND COMPUTERIZED EQUIPMENT

    Directory of Open Access Journals (Sweden)

    PUSTIANU Monica

    2015-05-01

    Full Text Available In Romania, there are companies that uses new technologies and computerized equipment leading to obtaining high quality products and profit. Furniture industry has continuously developed due to high demand for diversified products for all age groups. Romanian goods shall be delivered both in the country and abroad. The tapestries furniture made in our country, classical or modern, by leather in different colours or with textile coating materials fashionable chosen is already enjoying much attention from the external and internal customers. The workforce employed in the furniture manufacturing industry is qualified, managed to shape the wood into complex and elegant products that are able to give full satisfaction to all consumers SWOT analysis is defined as a complex research of economic aspects, technical, sociological, legal and managerial aspects that characterize the activity of a company and allows the formulation of an opinion on the past and present condition of the company. SWOT analysis may be carried out both at the level of functional areas of the company: financial, commercial, production, human resources, research and development, management and at the level of firm as a whole. By this analysis was obtained a clear picture of the current state of the analysed company, helping to knowledge and understanding of the general context in which the company operates. Key words: quality, furniture, management, production, analysis, SWOT

  2. Providing frequency regulation reserve services using demand response scheduling

    International Nuclear Information System (INIS)

    Motalleb, Mahdi; Thornton, Matsu; Reihani, Ehsan; Ghorbani, Reza

    2016-01-01

    Highlights: • Proposing a market model for contingency reserve services using demand response. • Considering transient limitations of grid frequency for inverter-based generations. • Price-sensitive scheduling of residential batteries and water heaters using dynamic programming. • Calculating the profits of both generation companies and demand response aggregators. - Abstract: During power grid contingencies, frequency regulation is a primary concern. Historically, frequency regulation during contingency events has been the sole responsibility of the power utility. We present a practical method of using distributed demand response scheduling to provide frequency regulation during contingency events. This paper discusses the implementation of a control system model for the use of distributed energy storage systems such as battery banks and electric water heaters as a source of ancillary services. We present an algorithm which handles the optimization of demand response scheduling for normal operation and during contingency events. We use dynamic programming as an optimization tool. A price signal is developed using optimal power flow calculations to determine the locational marginal price of electricity, while sensor data for water usage is also collected. Using these inputs to dynamic programming, the optimal control signals are given as output. We assume a market model in which distributed demand response resources are sold as a commodity on the open market and profits from demand response aggregators as brokers of distributed demand response resources can be calculated. In considering control decisions for regulation of transient changes in frequency, we focus on IEEE standard 1547 in order to prevent the safety shut-off of inverter-based generation and further exacerbation of frequency droop. This method is applied to IEEE case 118 as a demonstration of the method in practice.

  3. Time-of-use based electricity demand response for sustainable manufacturing systems

    International Nuclear Information System (INIS)

    Wang, Yong; Li, Lin

    2013-01-01

    As required by the Energy Policy Act of 2005, utility companies across the U.S. are offering TOU (time-of-use) based electricity demand response programs. The TOU rate gives consumers opportunities to manage their electricity bill by shifting use from on-peak periods to mid-peak and off-peak periods. Reducing the amount of electricity needed during the peak load times makes it possible for the power grid to meet consumers' needs without building more costly backup infrastructures and help reduce GHG (greenhouse gas) emissions. Previous research on the applications of TOU and other electricity demand response programs has been mainly focused on residential and commercial buildings while largely neglected industrial manufacturing systems. This paper proposes a systems approach for TOU based electricity demand response for sustainable manufacturing systems under the production target constraint. Key features of this approach include: (i) the electricity related costs including both consumption and demand are integrated into production system modeling; (ii) energy-efficient and demand-responsive production scheduling problems are formulated and the solution technique is provided; and (iii) the effects of various factors on the near-optimal scheduling solutions are examined. The research outcome is expected to enhance the energy efficiency, electricity demand responsiveness, and cost effectiveness of modern manufacturing systems. - Highlights: • We propose a TOU based demand response approach for manufacturing systems. • Both electricity consumption and demand are integrated into the system modeling. • Energy-efficient and demand-responsive production scheduling problems are formulated. • The meta-heuristic solution technique is provided. • The effects of various factors on the scheduling solutions are examined

  4. Management and Communication of the Companies' Knowledge; Guidelines for Intellectual Capital Statement

    Directory of Open Access Journals (Sweden)

    Justyna Fijalkowska

    2008-04-01

    Full Text Available This paper aims at analyzing the development of guidelines on Intellectual Capital Statement, providing a comparison of them and presenting their importance within the knowledge management process of the today's companies. We entered the Knowledge Era in which the basic economic resources are no longer financial capital, physical resources, or labor, but knowledge, called also intellectual capital (IC. Many analysts and investors demand for more information and they highlight the gap that exists between the information found in companies' annual reports and the financial information regarding intangible part of the company requested by the market. Knowledge of the company should be measured and the effects should be communicated, as measurement without any further action has no sense. Intellectual capital statement seems an appropriate tool for that and becomes an integral part of the knowledge management of the modern enterprise. This kind of statement emphasizes the role of IC in relation to the value creation and communicates how knowledge resources are managed in the firms within a strategic objectives. This paper compares different approaches to IC statement preparation: underlines similarities and differences concerning the scope, methodology and terminology used and ensuing consequences. It raises significant implications for managers of the companies, researches and policy makers.

  5. Time-of-use rates vs. Hopkinson tariffs redux: an analysis of the choice of rate structures in a regulated electricity distribution company

    International Nuclear Information System (INIS)

    Seeto, Dewey; Woo, C.K.; Horowitz, Ira

    1997-01-01

    Recent proposals to restructure the electricity industry in North America may effect the disintegration of a vertically integrated company into several smaller entities, including distribution companies (DISCOs) We explore whether time-of-use (TOU) pricing or a Hopkinson tariff would be more suitable for a regulated DISCO. Focusing on the economic efficiency of these alternative rate structures, we argue that a Hopkinson tariff with demand subscription is superior to TOU rates, as it can better handle the limited load diversity of local transmission and distribution (TD) demands made on the contemporary DISCO, while finessing the problem of endogenous marginal costs of local TD capacity. (Author)

  6. An automotive supply chain model for a demand-driven environment

    OpenAIRE

    Intaher M. Ambe; Johanna A. Badenhorst-Weiss

    2011-01-01

    The purpose of this article is to demonstrate the development of a supply chain model for the automotive industry that would respond to changing consumer demand. Now more than ever, businesses need to improve the efficiency of their supply chains in order to maintain a competitive advantage. The principles of lean manufacturing and just-intime (JIT) inventory control that were renowned for helping companies like Toyota, Dell and Walmart to rise to the top of their respective industries are no...

  7. Intellectual capital management in a retail company in South Africa

    OpenAIRE

    2009-01-01

    M.A. The competitive landscape in the retail sector in South Africa is changing, and new models of competitiveness are needed to deal with the challenges ahead. The responses that usually occur in relation to the above statement reveal a new competitive reality, demanding that the organisation’s capabilities will enable the retail company in South Africa to better serve their customers and to differentiate them from competitors. This dissertation is about determining the status of the meas...

  8. Analysis of relationship between the local governments and the power companies through the changes of safety agreements

    International Nuclear Information System (INIS)

    Sugawara, Shin-etsu; Inamura, Tomoaki; Kimura, Hiroshi; Madarame, Haruki

    2009-01-01

    In Japan, safety of nuclear facilities is regulated by the central government and local governments are responsible for protecting the local public. To operate nuclear facilities in local communities, local governments would conclude safety agreements with power companies. In recent years, local governments have used the safety agreements as excuse for delaying the operations of nuclear facilities. The legal basis of the safety agreements was questioned by some who considered that this was the cause of the stranded relationship between local governments and power companies, and in some cases, the interrupted nature of electricity supply. To understand the sources of this difficult relationship, safety agreements must be analyzed, although these documents may have undergone revisions, and various regulations may have changed. By analyzing the safety agreements and revisions, we found that the relationship between local governments and power companies gradually changed over time, which can be divided into the following 3 stages: (1) in the early 70s, the dawn stage when local governments groped with the situation of nuclear facilities built in their communities; (2) from late 70s to 90s, the stage when local governments demanded information, and (3) from late 90s to present, the stage when local governments demand information and trustworthiness. This paper shows the results of analyzing the relationship changes between local governments and power companies. We conclude that viewpoints of local governments on nuclear power evolve, as social responsibilities of power companies stipulated in safety agreements also evolve over time. (author)

  9. BRAND DEVELOPMENT IN CHINESE TEA MARKET : Case Company: Lipton

    OpenAIRE

    Han, Yuqi

    2014-01-01

    China once acted as the world’s largest consumer and exporter of tea, but at the same time, it has always been nagged by the lack of brands. Faced with the changing marketing environment and consumer demand, building a strong brand has become the paramount task for Chinese tea companies to stand out in the fierce competitions. Marketing communication is always a significant tool in terms of building the brand awareness and favorable brand image among consumers. Lipton, which is the world’s le...

  10. An agent-based model for energy service companies

    International Nuclear Information System (INIS)

    Robinson, Marguerite; Varga, Liz; Allen, Peter

    2015-01-01

    Highlights: • An agent-based model for household energy efficiency upgrades is considered. • Energy service companies provide an alternative to traditional utility providers. • Household self-financing is a limiting factor to widespread efficiency upgrading. • Longer term service contracts can lead to reduced household energy costs. • Future energy price increases enable service providers to retain their customer base. - Abstract: The residential housing sector is a major consumer of energy accounting for approximately one third of carbon emissions in the United Kingdom. Achieving a sustainable, low-carbon infrastructure necessitates a reduced and more efficient use of domestic energy supplies. Energy service companies offer an alternative to traditional providers, which supply a single utility product to satisfy the unconstrained demand of end users, and have been identified as a potentially important actor in sustainable future economies. An agent-based model is developed to examine the potential of energy service companies to contribute to the large scale upgrading of household energy efficiency, which would ultimately lead to a more sustainable and secure energy infrastructure. The migration of households towards energy service companies is described by an attractiveness array, through which potential customers can evaluate the future benefits, in terms of household energy costs, of changing provider. It is shown that self-financing is a limiting factor to the widespread upgrading of residential energy efficiency. Greater reductions in household energy costs could be achieved by committing to longer term contracts, allowing upgrade costs to be distributed over greater time intervals. A steadily increasing cost of future energy usage lends an element of stability to the market, with energy service companies displaying the ability to retain customers on contract expiration. The model highlights how a greater focus on the provision of energy services, as

  11. IMPLEMENTATION OF QUALITATIVE RULES IN COMPANY`S INFORMATION MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Anna WOLNOWSKA

    2012-07-01

    Full Text Available In the article there were presented chosen issues of quality management. Important role of information and work processes in companies were emphasized . Based on eight rules of quality management, TQM standards and ideas of discipline pioneers like Deming, Juran, Crosby and Shewart, author has constructed way of using chosen rules and assumptions to company`s information circulation. Analogy, suggested by author, has not only emphasized importance of information as a company`s resource, but also has pointed to possibility of improving ways of managing this information.

  12. Do Job Demands of Chinese Manufacturing Employees Predict Positive or Negative Outcomes? A Test of Competing Hypotheses.

    Science.gov (United States)

    Cheung, Janelle H; Sinclair, Robert R; Shi, Junqi; Wang, Mo

    2015-12-01

    Karasek's job demands-control (JDC) model posits that job control can buffer against the harmful effects of demands experienced by employees. A large volume of JDC research has obtained support for the main effects of demands and control, but not the interactive effects. Recent research on the challenge-hindrance stressors framework, however, found that work stressors may not always be deleterious, suggesting alternative hypotheses about the effects of demands and control. The present study therefore examined competing hypotheses concerning the effects of job demands on occupational health outcomes. Using a sample of 316 employees in a Chinese manufacturing company, we found that, consistent with the challenge-hindrance framework, production demands were challenge stressors associated with favourable outcomes (i.e. job satisfaction and psychological well-being). In addition, results showed that the interactive role of job control depended on the nature of outcome variables. Future recommendations and implications of findings are discussed. Copyright © 2014 John Wiley & Sons, Ltd.

  13. Analysis of tariff levels from electric company in relation to financing request

    International Nuclear Information System (INIS)

    Correa, A.L.S.

    1991-11-01

    The economic-financial model of the Brazilian electric sector is discussed, considering the compatibility of the practiced tariff levels to the demand of consumption market and the production and operation costs. Some institutional actions are identified as solutions for emergency questions and subsides to the big strategies. The economic-finance indicators are also presented, showing the performance of the electrical companies. (C.G.C.)

  14. PREDICTION OF DEMAND FOR PRIMARY BOND OFFERINGS USING ARTIFICIAL NEURAL NETWORKS

    Directory of Open Access Journals (Sweden)

    Michal Tkac

    2014-12-01

    Full Text Available Purpose: Primary bond markets represent an interesting investment opportunity not only for banks, insurance companies, and other institutional investors, but also for individuals looking for capital gains. Since offered securities vary in terms of their rating, industrial classification, coupon, or maturity, demand of buyers for particular offerings often overcomes issued volume and price of given bond on secondary market consequently rises. Investors might be regarded as consumers purchasing required service according to their specific preferences at desired price. This paper aims at analysis of demand for bonds on primary market using artificial neural networks.Design/methodology: We design a multilayered feedforward neural network trained by Levenberg-Marquardt algorithm in order to estimate demand for individual bonds based on parameters of particular offerings. Outcomes obtained by artificial neural network are compared with conventional econometric methods.Findings: Our results indicate that artificial neural network significantly outperformed standard econometric techniques and on examined sample of primary bond offerings achieved considerably better performance in terms of prediction accuracy and mean squared error.Originality: We show that proposed neural network is able to successfully predict demand for primary obligation offerings based on their specifications. Moreover, we identify relevant parameters of issues which are able to considerably affect total demand for given security.  Our findings might not only help investors to detect marketable securities, but also enable issuing entities to increase demand for their bonds in order to decrease their offering price. 

  15. The relationship of CSR and the business profit: can the most responsible companies be more profitable?

    Directory of Open Access Journals (Sweden)

    Antonio Miguel Gil Salmerón

    2016-10-01

    Full Text Available Persistent financial crisis and the cases of corruption afflicting Spain have broken the trust of society that forcefully demands an ethical, responsible and sustainable management of organizations, which are not immune to environmental problems. The effects of globalization, the introduction of tecnoestructura as a management model, technological and socio-economic changes have reshaped the cultural, management and ownership system of the current company, the company nowadays is transferred the responsibility to combine growth and competitiveness with social development and environmental improvement. This reconfiguration of business management model is implemented with the introduction of Corporate Social Responsibility (CSR in the strategic plans of the companies with the purpose of achieving a competitive advantage. The question is: can the most responsible companies be more profitable? The introduction of CSR in the organizational culture of the companies involved as a vector, accelerates the profitability of the companies that apply it: the higher level of CSR used, the more profitable the companies are. These conclusions are determined from a linear regression analysis comparing the ROA –return on assets– to CSR levels in a hundred companies with higher levels of sustainability that operate in Spain, according to a survey published in 2014 by the Monitor business Corporate Reputation (Merco

  16. Service supply company experience

    International Nuclear Information System (INIS)

    Shouldice, S.P.

    1995-01-01

    The motivations for a small company to go international were reviewed, as well as the efforts required to identify markets compatible with what one has to offer. The variety of approaches taken to capitalize on the perceived opportunities were summarized. Motives for going international include minimization of risk by market diversification, revenue growth, and improved profitability where there is a run-up in demand. Getting started usually includes the following six steps: (1) selecting a target market, (2) interpreting market needs, (3) understanding local decision making, (4) deciding on a proposal, (5) seeking project financing, and (6) overcoming hurdles. Setting up shop also implies seeking market commitment, finding suitable long-term accommodation, finding suitable local workers, and exploring local sourcing for materials and equipment. Having a competitive advantage is essential to penetrating international markets. A cost advantage is the most valuable. Patience, persistence and perseverance were also identified as essential virtues

  17. Supply chain planning and management method:the fruit purchasing company case

    Directory of Open Access Journals (Sweden)

    Julio Kyosen Nakatani

    2018-06-01

    Full Text Available Abstract On the world stage, Brazil is the third largest world fruit producer. However, purchasing fruit companies are suffering from the effects of fluctuations in production and demand, inefficiency in production and information trade, lack of understanding of the dynamics of supply and reduction in profitability for all members of the fruit production chain. The supply chain management has been touted as one of the ways to reduce this volatility and improve outcomes for all involved with the supply chain. However, results of recent researches do not relate it directly to the fruit industry. To solve this problem, the present research aimed to analyze the planning and management of the supply chain of a fruit purchasing company and identify contributions and improvements to the theories and methods related to supply chain management to propose a method for planning and management the supply chain of fruit purchasing companies. It was conducted a case study from a mango fruit purchasing company using interviews with industry experts to assess the applicability, functionality and usefulness from the managerial point of view of the proposed method. Data analysis was done through the cross analysis of the methods of the supply chain management and the description of the case. The results of the study allowed the development of a method for planning and management the supply chain of fruit purchasing company. With the proposition of this method is expected to contribute with a sequence of steps to assist in planning and management of supply chain managers and specialists from a fruit purchasing company.

  18. Industrial demand side management: A status report

    Energy Technology Data Exchange (ETDEWEB)

    Hopkins, M.F.; Conger, R.L.; Foley, T.J. [and others

    1995-05-01

    This report provides an overview of and rationale for industrial demand side management (DSM) programs. Benefits and barriers are described, and data from the Manufacturing Energy Consumption Survey are used to estimate potential energy savings in kilowatt hours. The report presents types and examples of programs and explores elements of successful programs. Two in-depth case studies (from Boise Cascade and Eli Lilly and Company) illustrate two types of effective DSM programs. Interviews with staff from state public utility commissions indicate the current thinking about the status and future of industrial DSM programs. A comprehensive bibliography is included, technical assistance programs are listed and described, and a methodology for evaluating potential or actual savings from projects is delineated.

  19. The analysis of Taiwan's residential electricity demand under the electricity tariff policy

    Science.gov (United States)

    Chen, Po-Jui

    In October 2013, the Taiwan Power Company (Taipower), the monopolized state utility service in Taiwan, implemented an electricity tariff adjustment policy to reduce residential electricity demand. Using bi-monthly billing data from 6,932 electricity consumers, this study examine how consumers respond to an increase in electricity prices. This study employs an empirical approach that takes advantage of quasi-random variation over a period of time when household bills were affected by a change in electricity price. The study found that this price increase caused a 1.78% decline in residential electricity consumption, implying a price elasticity of -0.19 for summer-season months and -0.15 for non-summer-season months. The demand for electricity is therefore relatively inelastic, likely because it is hard for people to change their electricity consumption behavior in the short-term. The results of this study highlight that demand-side management cannot be the only lever used to address Taiwan's forecasted decrease in electricity supply.

  20. Tiered co-payments, pricing, and demand in reference price markets for pharmaceuticals.

    Science.gov (United States)

    Herr, Annika; Suppliet, Moritz

    2017-12-01

    Health insurance companies curb price-insensitive behavior and the moral hazard of insureds by means of cost-sharing, such as tiered co-payments or reference pricing in drug markets. This paper evaluates the effect of price limits - below which drugs are exempt from co-payments - on prices and on demand. First, using a difference-in-differences estimation strategy, we find that the new policy decreases prices by 5 percent for generics and increases prices by 4 percent for brand-name drugs in the German reference price market. Second, estimating a nested-logit demand model, we show that consumers appreciate co-payment exempt drugs and calculate lower price elasticities for brand-name drugs than for generics. This explains the different price responses of brand-name and generic drugs and shows that price-related co-payment tiers are an effective tool to steer demand to low-priced drugs. Copyright © 2017 Elsevier B.V. All rights reserved.

  1. Evaluation of wastewater treatment plant at Khartoum refinery company

    International Nuclear Information System (INIS)

    Alnour, Y. A. M.

    2010-03-01

    A wastewater treatment plant has been established in Khartoum Refinery Company in order to treat 1800 meters cubic per day, and to meet the increase in the number of employees and the continued expansion of the company. The study aims to evaluate the performance of the station after a three years period of work, and calculate the efficiency of the station through the following variables: average removal of the biological oxygen demand, chemical oxygen demand, suspended solids and oils, by taking water samples before and after treatment, every week for two month, analysis of samples were conducted in the central laboratory at KRC. The determination of the station efficiency revealed that the station is working well. Treated water characteristics are in conformity with the specifications set by the world Organization Health. It is also proved to be suitable for use in irrigation the amount of water entering to treatment is very large (1500 cubic meters), which lead to dilution of the BOD, COD, SS and oils concentrations. The reason being misuse of water by employees in addition to the large number of damage in the water pipes. The station must be re-evaluated after a certain (5 years) period to determine the impact of future increases of employees, and it is effect on the efficiency of the station. It is recommended to improve the behaviour of employees regarding the use of water, so as to reduce the dilution. (Author)

  2. Essence of demands of standard ISO 22000:2005 in aspect of assurances of milk health safety Istota wymagań standardu ISO 22000:2005 w aspekcie zapewnienia bezpieczeństwa zdrowotnego mleka

    Directory of Open Access Journals (Sweden)

    Justyna Górna

    2008-09-01

    Full Text Available The article presents the essence of demands of ISO 22000 as a standard which allows of control milk health safety in a more effective way. The implementation of system HACCP in the dairy companies undoubtedly make for more safety health products, however microbiological research of pasterized milk shows that it is scarce. The elementary advantage for organization which comes from food quality management system meeting demands included in standard ISO 22000 is undoubtedly assurance of legal demands concerning production of food safety and more effective control of risk of food safety. The dairy companies should aspire for implementation of more rigorous standard ISO 22000:2005.

  3. Company car study 2011. Reduction of environmental impacts by influencing the selection process of company cars; Tyoesuhdeautotutkimus 2011. Ympaeristoehaittojen vaehentaeminen autonvalinnan ohjauksella

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-07-01

    The purpose of the study is to identify: What kinds of operational models directing towards eco-friendlier company car use there are and which are in use. What kinds of practical impacts these operational models have had. What is the demand for company car use and what changes have taken place from the viewpoint of companies and beneficiaries. What factors should the best company car taxation include in terms of directiveness (from the environmental point of view). The main objective is to find directive factors in company car use which would result in smaller environmental impacts and which company car users could commit themselves to. The main target groups of the study were the recipients of company car benefits, and enterprises using company cars. Company cars are mainly used for two reasons: in many organisations, work is carried out where the customer is, in which case company cars are used for reducing travel costs. On the other hand, a company car is a significant means for attracting and motivating employees, especially skilled experts and management staff. Company cars also play a significant role in the replacement rate of Finnish motor vehicles. The car selection rules of organisations determine the roles that entitle an employee to have a company car and how they can choose their car. Factors restricting the choice are usually CO{sub 2} and the price and make of the car. The CO{sub 2} limit is used by about 70% of organisations. According to this study, the average emission limit is 168 g/km, depending on the company and the position of the beneficiary. However, the average CO{sub 2} emissions of new company cars are currently about 140 g/km, and therefore the emission limits of organisations have not followed the development of motor technology. In entrepreneurship, environmental issues will be regarded as very important in the future, and there is also a notion for this to be reflected in the guidelines for selecting company cars. Emissions reduction

  4. Starting Up a Company in a Mature Market: Wise or Foolish ?

    Science.gov (United States)

    Biberger, Maximilian

    SDCmaterials, Inc. (SDC) is a venture backed, mature start up in the automotive sector. Moreover: Catalytic Converters for vehicles and stationary applications. The company has invented and developed environmentally friendly, novel materials as well as material integration techniques for catalytic converters based on a proprietary and patented nanotechnology. Traditionally catalysts require large amounts of PGMs (Platinum Group Metals), more than USD 10B per year, in order to treat vehicle emissions. Due to that, the catalytic converter is the single most expensive piece part in a vehicle. The currently used technologies have served the industry well. However, as emission standards dramatically tighten, particularly in China, the demand for more fuel efficient and Hybrid vehicles increases, this technology begins to start showing limitations as it can meet the aforementioned demands only by increasing the PGM amount per vehicle. This in turn will increase the cost per vehicle and / or reduce margins for the automotive industry, and in addition to that impact the environment negatively. In contrast to existing technologies, the SDC based technology can meet future emission goals by maintaining, or even reducing, the PGM amount required to treat exhaust emissions. This results in tremendous savings for the consumer and the automotive industry, as well as a significantly better stewardship of natural resources and clean manufacturing. In the present paper the pros and cons of starting a nanotechnology company in a mature market are presented. Both from a business & economics, as well as from a technology point of view. The case is made that it is possible to start a company in a mature market and that novel technologies can compete economically with 40+ old year technologies.

  5. Job demands, job resources, and work engagement of Japanese employees: a prospective cohort study.

    Science.gov (United States)

    Inoue, Akiomi; Kawakami, Norito; Tsuno, Kanami; Shimazu, Akihito; Tomioka, Kimiko; Nakanishi, Mayuko

    2013-05-01

    Research on the prospective association of job demands and job resources with work engagement is still limited in Asian countries, such as Japan. The purpose of the present study was to investigate the prospective association of job demands (i.e., psychological demands and extrinsic effort) and job resources (i.e., decision latitude, supervisor support, co-worker support, and extrinsic reward), based on the job demands-control (JD-C) [or demand-control-support (DCS)] model and the effort-reward imbalance (ERI) model, with work engagement among Japanese employees. The participants included 423 males and 672 females from five branches of a manufacturing company in Japan. Self-administered questionnaires, including the Job Content Questionnaire (JCQ), the Effort-Reward Imbalance Questionnaire (ERIQ), the nine-item Utrecht Work Engagement Scale (UWES-9), and demographic characteristics, were administered at baseline (August 2009). At one-year follow-up (August 2010), the UWES-9 was used again to assess work engagement. Hierarchical multiple regression analyses were conducted. After adjusting for demographic characteristics and work engagement at baseline, higher psychological demands and decision latitude were positively and significantly associated with greater work engagement at follow-up (β = 0.054, p = 0.020 for psychological demands and β = 0.061, p = 0.020 for decision latitude). Having higher psychological demands and decision latitude may enhance work engagement among Japanese employees.

  6. Decisions on Energy Demand Response Option Contracts in Smart Grids Based on Activity-Based Costing and Stochastic Programming

    Directory of Open Access Journals (Sweden)

    Alfred J. Hildreth

    2013-01-01

    Full Text Available Smart grids enable a two-way energy demand response capability through which a utility company offers its industrial customers various call options for energy load curtailment. If a customer has the capability to accurately determine whether to accept an offer or not, then in the case of accepting an offer, the customer can earn both an option premium to participate, and a strike price for load curtailments if requested. However, today most manufacturing companies lack the capability to make the correct contract decisions for given offers. This paper proposes a novel decision model based on activity-based costing (ABC and stochastic programming, developed to accurately evaluate the impact of load curtailments and determine as to whether or not to accept an energy load curtailment offer. The proposed model specifically targets state-transition flexible and Quality-of-Service (QoS flexible energy use activities to reduce the peak energy demand rate. An illustrative example with the proposed decision model under a call-option based energy demand response scenario is presented. As shown from the example results, the proposed decision model can be used with emerging smart grid opportunities to provide a competitive advantage to the manufacturing industry.

  7. CSR Inflections: An Overview of CSR Practices on Financial Performance by Public Listed Companies in Malaysia

    Directory of Open Access Journals (Sweden)

    Bt Abdul Wahab Norwazli

    2017-01-01

    Full Text Available Of late, there has been growing demand for companies to intensify its corporate social responsibility (CSR. It is no longer one of the responsibilities of the companies but has become the responsibility of companies to give back to the society in which it has been operating and making huge profit. Unfortunately there appears to be a wide gap between the level of CSR awareness between companies from developed countries and those from the developing companies. Companies from developed countries have higher CSR level of awareness and faced no difficulty in disclosing their CSR activities relatively to the companies in the developing countries (including Malaysia. Thus, the aim of this paper is to examine the level of CSR disclosure of consumer products and trading and services industries from Malaysia. In addition, the study also would like to ascertain if the level of CSR disclosure influences the performance of the company in terms of its return on asset (ROA and firm value (Tobin’s Q. The study starts with the development of CSR disclosure index and using the index to determine if company’s performance is related to its contribution to the society. Panel data is used to achieve the second objective. Findings of the study provide positive, negative and insignificant results between CSR activities on the company performance.

  8. Stimulating the demand for dental care: An application of Ajzen and Fishbein's theory of reasoned action.

    NARCIS (Netherlands)

    Hoogstraten, J.; de Haan, W.; ter Horst, G.

    1985-01-01

    Applied I. Ajzen and M. Fishbein's (1980) attitude-behavior model to the problem of stimulating the demand for dental care with 329 members (aged 21-50 yrs) of health insurance companies who had not received regular dental treatment and/or certificate of dental fitness for at least 2 1/2 yrs.

  9. The application of seasonal latent variable in forecasting electricity demand as an alternative method

    International Nuclear Information System (INIS)

    Sumer, Kutluk Kagan; Goktas, Ozlem; Hepsag, Aycan

    2009-01-01

    In this study, we used ARIMA, seasonal ARIMA (SARIMA) and alternatively the regression model with seasonal latent variable in forecasting electricity demand by using data that belongs to 'Kayseri and Vicinity Electricity Joint-Stock Company' over the 1997:1-2005:12 periods. This study tries to examine the advantages of forecasting with ARIMA, SARIMA methods and with the model has seasonal latent variable to each other. The results support that ARIMA and SARIMA models are unsuccessful in forecasting electricity demand. The regression model with seasonal latent variable used in this study gives more successful results than ARIMA and SARIMA models because also this model can consider seasonal fluctuations and structural breaks

  10. Improving the supply chain agility of a fashion accessories company

    OpenAIRE

    Rosenlund, Kristian

    2015-01-01

    This thesis aims to improve the supply chain agility of a case company that is engaged in the design, development and worldwide marketing and selling of fashion accessories and design services. This thesis explores agility in context of supply chain management and in fashion industry where the typical challenges are that demand is highly volatile and hard to predict, the number of products per sales season is large and products have a fairly short life-cycles. In this study, the research ...

  11. An inventory control project in a major Danish company using compound renewal demand models

    DEFF Research Database (Denmark)

    Larsen, Christian; Seiding, Claus Hoe; Teller, Christian

    operation is highly automated. However, the procedures for estimating demands and the policies for the inventory control system that were in use at the beginning of the project did not fully match the sophisticated technological standard of the physical system. During the initial phase of the project...... We describe the development of a framework to compute the optimal inventory policy for a large spare-parts' distribution centre operation in the RA division of the Danfoss Group in Denmark. The RA division distributes spare parts worldwide for cooling and A/C systems. The warehouse logistics...

  12. Storage is absolutely necessary to balance supply and demand

    International Nuclear Information System (INIS)

    Anon.

    2009-01-01

    Before liberalization, gas storage was built to balance supply and demand (on a seasonal basis), as well as for broader security of supply concerns. With liberalization, companies started to use storage in a more flexible way as they were no longer obliged to prioritize security of supply. The decline in swing production in the North Sea should have triggered an increase in storage capacity. However, in the UK, investment in storage was neglected until too late. The major points of interest in continental Europe are as follows: due to geological constraints, Latvia is the only Baltic state to have underground storage; storage capacity represents 49% of annual Austria demand; Germany has the biggest European storage facility; in Belgium, Bulgaria, Hungary, Poland and Portugal, just one company in each country has all the storage capacity; in Romania, Romgaz has 92% of storage capacity; in the Czech Republic, RWE owns 75% of the storage; in Slovakia, GDF SUEZ and E.ON have most of the capacity; and storage in Ukraine represents a huge opportunity with a capacity of 34 bcm (billion cubic meters). In oil, strategic stocks are a reality and have been used but in gas, strategic stocks do not exist except 5.1 bcm in Italy, 1 bcm in Spain and 1.2 bcm are being built in Hungary. Some possible EU changes could have an impact on the entire European gas market. Just outside EU-27, Ukraine has a form of strategic storage which represents 10% of its suppliers' annual supplies

  13. An Examination of Strategic Philanthropy and CSR Communication Patterns among the World’s Twenty-One Largest Oil Companies

    Directory of Open Access Journals (Sweden)

    J. Brad Gatlin

    2013-07-01

    Full Text Available Fortune Magazine’s 2012 list of 100 largest companies included 21 oil companies. This paper seeks to discern patterns of those 21 companies’ philanthropic efforts and communication thereof. Specifically, the paper will consider issues such as ownership (all companies were either publicly-traded or state-owned, the economic development of the home country, and the citizens’ expectations of corporate citizens. The philanthropic efforts of all 21 companies are discussed in the context of Porter and Kramer’s (2001 framework of the competitive context It is concluded that the oil industry is particularly well-suited to affect factor and, to a lesser extent, demand conditions, through philanthropic efforts. A model for classifying the philanthropic based on ownership and country conditions is proposed, and suggestions for further research are made.

  14. At the End of the Rainbow, a Balanced Diet. What Food Management Companies Can Do for You - 1

    Science.gov (United States)

    Crimmins, Mary Beth

    1974-01-01

    Describes how one food service management company, by dramatizing the ingredients of a Type A lunch, has increased the demand for such lunches, raised its gross income, saved students money, and raised the level of their nutritional intake. (Author/MLF)

  15. IT MANAGEMENT DESIGN AT THE TOP 100 BRAZILIAN COMPANIES, ACCORDING TO THEIR CIOs

    Directory of Open Access Journals (Sweden)

    Leonel Cezar Rodrigues

    2010-01-01

    Full Text Available The objective of this paper is to identify the design of IT management atn the top 100 Brazilian companies. The research method was a quantitative approach, using the descriptive-statistical method to describe the data collected through a questionnaire with 77 questions, based on the rationale of the IT management, proposed by Lutchen (2003. The main results indicate that: a IT aligns with the basic processes of business, although not fully synchronized; b IT management adheres to conformity systems (ITIL, COBIT, but does not show optimization of business processes; c IT delivers the basic demands, but does not impose or use the best automated practices; and d IT quality is based on documented processes, but lacks indicators to control and orient business improvement. One may infer that IT management, at the top 100 Brazilian companies is essentially based on standard IT conformity systems, under the rationale of solution providers, and not as a business innovator or rule breaker. Thus, in spite of aligning and responding to business basic demand, IT management still does not show clear signs of alignment with the evolving nature of business models, needed to sustain business performance.

  16. IT MANAGEMENT DESIGN AT THE TOP 100 BRAZILIAN COMPANIES, ACCORDING TO THEIR CIOs

    Directory of Open Access Journals (Sweden)

    Leonel Cezar Rodrigues

    2009-12-01

    Full Text Available The objective of this paper is to identify the design of IT management atn the top 100 Brazilian companies. The research method was a quantitative approach, using the descriptive-statistical method to describe the data collected through a questionnaire with 77 questions, based on the rationale of the IT management, proposed by Lutchen (2003. The main results indicate that: a IT aligns with the basic processes of business, although not fully synchronized; b IT management adheres to conformity systems (ITIL, COBIT, but does not show optimization of business processes; c IT delivers the basic demands, but does not impose or use the best automated practices; and d IT quality is based on documented processes, but lacks indicators to control and orient business improvement. One may infer that IT management, at the top 100 Brazilian companies is essentially based on standard IT conformity systems, under the rationale of solution providers, and not as a business innovator or rule breaker. Thus, in spite of aligning and responding to business basic demand, IT management still does not show clear signs of alignment with the evolving nature of business models, needed to sustain business performance.

  17. Beyond reengineering: Transformation seen as next step for companies

    International Nuclear Information System (INIS)

    Aldrich, S.; Tey, M.

    1994-01-01

    The future of the oil and gas industry is perpetually clouded, and the authors believe its chief executive officers (CEOs) have a special need to take the time to understand where they are going to be able to meet the business transformation needs of their customers in the years ahead. The challenges facing the oil and gas business today are largely external, and even magnificently run companies that are inwardly focused will fail in a business climate that is dominated by environmental and political concerns on the one hand, and supply and demand pressures on the other. What does transformation mean? First, companies need to establish clearly how to reframe their corporate responses to the issues they face. Where are they competitive? Will they focus on upstream midstream, or downstream activities for new alliances, new products, new businesses? Second, corporations must establish how to restructure their efforts in terms of their future customers and markets, not in terms of their current products. Third, companies must develop strategies to revitalize their business through leveraging their core competencies to create new products, markets, and industries. And finally, corporations need to prepare their employees constantly to renew themselves in an industry that will be redefined at an ever-increasing rate in the future

  18. DSM [demand-side management] opportunities in Alberta: An economist's perspective

    International Nuclear Information System (INIS)

    Woodward, R.S.

    1990-01-01

    In Alberta, utility companies are placing increasing attention on demand-side management (DSM) as one option for meeting future demand. Some basic economic principles are provided to yield a guideline on how much a utility should be spending on DSM initiatives. For the case of financial incentives to customers, it is shown that subsidies based on sound economic principles will enable the utility to charge lower overall rates to customers receiving the subsidy without raising other customers' rates. Moving outside of a well-understood market-based system and into a fully centralized planning approach to DSM eliminates a critical link between utilities and their customers. In Alberta, DSM measures appropriate in other regions will not be appropriate due to the province's unique supply and demand characteristics. Most of Alberta's electricity supply comes from low-cost coal-fired plants. On the demand-side, there is a significant concentration of large industrial and commercial consumers, notably in the oil and gas industry, and there is essentially no demand for electric heating in homes since natural gas is very abundant. The Alberta integrated power system currently operates at a load factor of ca 77%, reflecting the large industrial demand and the absence of a winter peaking effect associated with electrical heating requirements. A relatively small difference in embedded and incremental electricity supply costs means that utilities have little to spend on DSM programs. The identification of cost-effective DSM opportunities, most of which are likely to be found in the industrial sector, requires a considerable amount of detailed information on consumer behavior and close collaboration between utility and customer

  19. Supply and demand outlook for Japan's economic and energy up to FY2018

    International Nuclear Information System (INIS)

    Aoshima, Momoko; Yorita, Yasuo; Tsunoda, Miyuki

    2017-01-01

    Japan's economy has gradually expanded, with real GDP in the first quarter of 2017 becoming positive growth for five consecutive quarters for the first time since 2005 to 2006. Although the uncertain factors are increasing both in terms of politics and economy, the world economy is also growing moderately. As the main premises in the standard scenario, the following are supposed: (1) world economy grows moderately, with worldwide growth rate reaching 3.0% in FY2017 and 3.3% in FY2018, (2) exchange rate is about ¥115/$ in both FY2017 and FY2018 average, (3) as for nuclear power generation, cumulative restarted unit number reaches 10 basis until the end of FY2018, with average months of operation in FY2018 reaching 9 months, and with power generation amount reaching 65.6 billion kWh (7% of the power supply composition ratio), and (4) as for the supply and demand for power, the supply reserve ratio of 3% necessary for stable electric power supply can be secured nationwide. Thus, the supply and demand outlook for Japan's economic and energy up to FY2018 was made. The following various evaluation analyses were carried out: (1) macro economy, (2) production activities, (3) primary energy domestic supply, (4) final energy consumption, (5) electricity sales volume and power supply composition (electric power companies), (6) city gas sales volume (gas companies), fuel oil and LPG sales volume and crude oil throughput, and (7) in-depth analysis; demand trend of light oil, renewable energy power generation, and effects of restart of nuclear power plants. (A.O.)

  20. The Demand Side Response to Multi-zone Tariffs. Consumer Test Results

    Directory of Open Access Journals (Sweden)

    Adam Olszewski

    2015-12-01

    Full Text Available Advanced Metering Infrastructure (AMI is a technologically advanced solution currently implemented by the most innovative distribution system operators. ENERGA-OPERATOR SA set about preparing for smart metering implementation in 2010. So far the company has installed over 400,000 meters in its area, and plans to install a further 450,000 in 2015. Kalisz, the first fully AMI-covered city in Poland, was chosen for an in-depth analysis of the system. In particular, a consumer test was conducted there with the intention of answering the question about the strength of the demand side response to multi-zone tariffs and power reduction. Conclusions from the year-long test show the demand side response to multi-zone tariffs – i.e. the maximum temporary percentage reduction of energy consumption in the time zone with the tariff raised by a min. of 80% – stays within the 5–15% range. In the case of power reduction (the maximum temporary reduction of energy consumption in the time zone when the power available to a household is limited to 1 kW – the demand side response stays within the 10–30% range. An additional effect of tariff diversification and smart metering is a reduction in electricity consumption by 1–4% on working days (i.e. this is the effect of either the consumption reduction or shifting it to weekends. During the test energy consumers were subjected to both price incentives and education. Due to the fact that it is difficult to separate the effects of education and tariff structures, the company plans to continue the research related to verifying the effectiveness of individual activation tools in reducing electricity consumption by households.

  1. 'Demand pull' government policies to support Product-Service System activity: The case of Energy Service Companies in the UK

    OpenAIRE

    Hannon, MJ; Foxon, TJ; Gale, WF

    2015-01-01

    Product-Service Systems (PSSs) constitute a family of service-based business models designed to satisfy our societal needs in an economically and environmentally sustainable manner. To date however PSS application has remained niche due to a variety of critical barriers. This paper explores how ‘demand pull’ national government policies could support PSS activity by addressing these barriers and cultivating market demand. Lessons are drawn from a case study of how regulatory, economic incenti...

  2. Stock price analysis of sustainable foreign investment companies in Indonesia

    Science.gov (United States)

    Fachrudin, Khaira Amalia

    2018-03-01

    The stock price is determined by demand and supply in the stock market. Stock price reacts to information. Sustainable investment is an investment that considers environmental sustainability and human rights. This study aims to predict the probability of above average stock price by including the sustainability index as one of its variables. The population is all foreign investment companies in Indonesia. The target population is companies that distribute dividends – also as a sample. The analysis tool is a logistic regression. At 5% alpha, it was found that sustainability index did not have the probability to increase stock price average. The significant effects are free cash flow and cost of debt. However, sustainability index can increase the Negelkarke R square. The implication is that the awareness of sustainability is still necesary to be improved because from the research result it can be seen that investors only consider the risk and return.

  3. Insurance companies' perspectives on the orphan drug pipeline.

    Science.gov (United States)

    Handfield, Robert; Feldstein, Josh

    2013-11-01

    costs, and two thirds are relying on prior authorization as a means to control costs. More than 80% of the companies are not using cost-effectiveness methodologies with regard to rare diseases, generally because of a lack of the availability of medicines to facilitate such comparisons. CEA is used by less than 20% of our study sample of payers in dealing with orphan drug policies. Evaluating cost-effectiveness is a valuable strategy for payers seeking to facilitate appropriate access and coverage decision-making related to orphan drugs, but it is not well understood or adapted by private insurance companies. Health economists, along with providers and payers, must work together to design rational methodologies to evaluate the value of orphan drugs, perhaps by adopting cost-effectiveness methodologies to consider a compound's total research and development and commercialization demands relative to its cost-effectiveness.

  4. Energy management via Internet. Process control system helps companies save energy; Energiemanagement via Internet. Prozessleitsystem hilft Unternehmen Energie sparen

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2009-02-15

    In view of constantly rising oil and natural gas prices and the demand for environmentally compatible production processes, efficient use of energy is a decisive factor governing the productivity of an industrial company, now more than ever. (orig.)

  5. National and international agencies demands and the implementation of an integrated management system: advantages of certification; As demandas dos orgaos nacionais e internacionais e a implementacao do Sistema de Gestao Integrado - SGI: vantagens da certificacao

    Energy Technology Data Exchange (ETDEWEB)

    Pessoa, Maria Eduarda C. [Queiroz Galvao Perfuracoes S.A., Rio de Janeiro, RJ (Brazil). Coordenacao de Meio Ambiente

    2004-07-01

    During the 80's, companies started to be concerned with more than their production processes. Due to the demands for products and services quality, in 1987, ISO 9000 (International Standards Organization) was established. Ten years later, ISO 14000 was established, regarding environmental management system, and in the same period BS 8800 (British Standards) and OHSAS 18001 (Occupational Health and Safety Assessment Series) were also published, regarding occupational health and safety in the working environment. With the increasing demands for companies that participate with the country's economical and social development, SA 8000 was elaborated. In the present days, companies that do not incorporate these factors (quality, environment, occupational health, safety, and social responsibility), has its markets diminished. For several countries, especially European countries, environmental and social aspects are essential for companies and products to gain entry into their markets. The implementation of such systems therefore aids companies to manage their aspects, leading to continuous process improval and the opening of new markets. A company's success depends more of the demands of national and international agencies (financing or licensing agencies, for example). Financing agencies have to assure themselves that they are investing in environmentally and socially friendly projects. Licensing agencies require that specific projects take place with the smallest possible environmental impact. The existence of a management system in the company that incorporates environmental management facilitates the licensing process, as well as financing by multilateral national and international agencies. Certification therefore acts as an important tool to help companies as well as financing and licensing agencies, demonstrating the company's global commitment with such aspects. (author)

  6. EVALUATION OF SERVICE QUALITY OF AIRWAY COMPANIES GIVING DOMESTIC SERVICES IN TURKEY WITH FUZZY SET APPROACH

    Directory of Open Access Journals (Sweden)

    H. Handan DEMIR

    2013-01-01

    Full Text Available Today, service quality has become a major phenomenon with the requirement of meeting consumer demands in the best way brought along with the rising competition between companies. Airway transportation is preferred more and more during the recent years. Many qualitative and quantitative criteria are considered while evaluating service criteria in airway transportation. In this context, evaluation of service quality is a decisionmaking problem with many criteria. The purpose of this study is to evaluate service quality of domestic airway companies in Turkey. In this study; fuzzy TOPSIS method which is one of the most preferred fuzzy MCDM methods, extension of multi criteria decision making methods in fuzzy environments, considering qualitative and quantitative criteria together and giving opportunity to make group decisions in fuzzy environments. As a result, evaluation was made based on service quality criteria for the most preferred airways companies in Turkey and these companies were ranked according to their levels of service quality.

  7. Application of multi-criteria decision-making model for choice of the optimal solution for meeting heat demand in the centralized supply system in Belgrade

    International Nuclear Information System (INIS)

    Grujić, Miodrag; Ivezić, Dejan; Živković, Marija

    2014-01-01

    The expected growth of living standard, number of inhabitants and development of technology, industry and agriculture will cause a significant increase of energy consumption in cities. Three scenarios of energy sector development until 2030 and corresponding energy consumption for the city of Belgrade are analyzed in this paper. These scenarios consider different level of economic development, investments in energy sector, substitution of fossil fuels, introduction of renewable energy sources and implementation of energy efficiency measures. The proposed model for selection of optimal district heating system compares different options for fulfilling expected new heat demand through eight criteria for each scenario. Proposed options are combination of different energy sources and technologies for their use. The criteria weights are set according to Serbian economy and energy position. The criteria include financial aspects, environmental impact and availability of energy. Multi-criteria method ELECTRE (ELimination Et Choix Traduisant la REalite) is used as a tool for obtaining the optimal option. It is concluded that combination of CHP (combined heat and power) plant and centralized use of geothermal energy is optimal choice in the optimistic scenario. In the pessimistic and business as usual scenario the optimal option is combination of new gas boilers and centralized use of geothermal energy. - Highlights: • Three scenarios for meeting new heat demand are developed and assessed. • Constructing CHP (combined heat and power) is desirable in case of significant electricity price growth. • In all scenarios the chosen option includes using geothermal energy for heating

  8. Additional costs for Norwegian power companies from the OED-proposed implementation of the Electricity Directive II; Merkostnader for norske kraftselskaper ved OEDs forslag til implementering av Eldirektiv II

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2005-07-01

    The cost-related consequences for Norwegian vertically integrated power companies caused by the proposed implementation of Electricity Directive II by OED (Norwegian Oil and Energy Department) are considered. Electricity Directive II demands a company and functional division between the network activities and the activities exposed to competition. The OED proposition aims at lowering the limit for which network companies are included by the new demands, from 100.000 to either 20.000 or 10.000 network clients. Moreover, they propose measures that ensure the network companies' independence, and these exceed by far the minimum requirements of Electricity Directive II. The additional costs may be significant in some aspects. Especially the requirement of an independent management in parent- and subsidiary company will lead to added costs of about Nok 320 million for the Norwegian power business. Further, a split-up management structure may be poorly compatible with the mind set behind the corporate model, something which potentially can lead to bad investments or a weaker utilization of potential cost synergies. The motive for proposing stricter demands on Norwegian power business is among other to limit cross-subsidies so that the competition in the market is reinforced. In light of substantial, quantified additional costs and other negative effects, the proposition's effect on the competition should be investigated further, including alternative measures that may be more cost-effective and/or more accurate (ml)

  9. THE SWOT ANALYSIS OF A ROMANIAN SEASIDE HOTEL COMPANY

    Directory of Open Access Journals (Sweden)

    Raluca Andreea TRANDAFIR

    2015-06-01

    Full Text Available Different regions, countries or areas have identified the development of the tourism industry as a strategic objective in their policies, at both the microeconomic and macroeconomic levels. These regions, obviously, expect the tourism industry to generate economic effects to residents (both households and local businesses. Over time, our country was considered an important tourist destination for the market in South-East Europe, supporting and promoting Romania's image and especially coastal tourism, spas, cultural programs and monasteries in Bucovina. The Romanian tourist offer did not do profound changes in relation to the tourism demand and to the requirements of comparative tourism products on the international market, requirements that, over time, proved to be increasingly demanding. There are several approaches that aim at diagnosing the business of accomodation industries but a method commonly used for this is the SWOT analysis (Strengths, Weaknesses, Opportunities, Threats, i.e. the analysis of strengths, weaknesses, opportunities and risks or threats of a company.

  10. Evaluation of co-sourcing communications amongst international company and local public relations agencies (case company: company x)

    OpenAIRE

    Yin, Ying

    2009-01-01

    The subject of the thesis is the evaluation of co-sourcing communications amongst international company and local public relations agencies, taking the company x as a case. It analyses the environment the co-sourcing PR agencies communicate with international clients, compares with the current communications the case company has, and comes up with practical suggestions for the company to have better cooperation with local agencies to achieve mutual benefits. The theoretical part consi...

  11. SERVICE QUALITY MEASUREMENT AND DEMAND FOR INSURANCE: AN EMPIRICAL STUDY FROM NIGERIAN INSURANCE INDUSTRY

    Directory of Open Access Journals (Sweden)

    Abass, OlufemiAdebowale

    2016-11-01

    Full Text Available Insurance provides financial protection to the insured, though; its acceptance by Nigerian insuring public is still low. This can sharply be traced to low awareness of insurance service. More importantly, quality of service to the few who embraced it had been low. Therefore, insuring public perceives insurance service as defective because customers’ expectations are not met. The objective of this research is to find out whether application of service quality measurement will drive demand for insurance products. Hypothesis was tested to find out whether SERVQUAL measurement is not significantly related to demand for insurance products in Nigeria. The study adopts descriptive research design; hypothesis was tested using regression analysis. The study reveals that there is a significant relationship between application of SERVQUAL measurement and demand for insurance. It is recommended that insurance companies operating in Nigeria should adopt SERVQUAL measurement which will further increase customer retention and loyalty.

  12. Investment Cost Model in Business Process Intelligence in Banking And Electricity Company

    Directory of Open Access Journals (Sweden)

    Arta Moro Sundjaja

    2016-06-01

    Full Text Available Higher demand from the top management in measuring business process performance causes the incremental implementation of BPM and BI in the enterprise. The problem faced by top managements is how to integrate their data from all system used to support the business and process the data become information that able to support the decision-making processes. Our literature review elaborates several implementations of BPI on companies in Australia and Germany, challenges faced by organizations in developing BPI solution in their organizations and some cost model to calculate the investment of BPI solutions. This paper shows the success in BPI application of banks and assurance companies in German and electricity work in Australia aims to give a vision about the importance of BPI application. Many challenges in BPI application of companies in German and Australia, BPI solution, and data warehouse design development have been discussed to add insight in future BPI development. And the last is an explanation about how to analyze cost associated with BPI solution investment.

  13. DESIGNING A MODEL OF CUSTOMER RELATIONSHIP MANAGEMENT FOR A MOBILE PHONE COMPANY

    Directory of Open Access Journals (Sweden)

    BRUTU MĂDĂLINA

    2015-07-01

    Full Text Available Customer relationship management refers to establishing, maintaining, developing and optimizing the relations between an organization and its customers and focuses on understanding and meeting its customers’ wishes and demands, the core items of the business strategy of any performant company. This paper aims at designing and testing a model of customer relationship management applicable within a mobile phone company. Starting from this purpose, the main objectives of the research were: presenting the concept of customer relationship management; the importance of companies’ orientation to the market; identifying a model of customer relationship management and, not least, analyzing the efficiency of this model. The results lead to the conclusion that the model of customer relationship management is extremely effective in the mobile phone industry, bringing significant profits.

  14. Why some women have an optimistic or a pessimistic bias about their breast cancer risk: experiences, heuristics, and knowledge of risk factors.

    Science.gov (United States)

    Katapodi, Maria C; Dodd, Marylin J; Facione, Noreen C; Humphreys, Janice C; Lee, Kathryn A

    2010-01-01

    Perceived risk to a health problem is formed by inferential rules called heuristics and by comparative judgments that assess how one's risk compares to the risk of others. The purpose of this cross-sectional, community-based survey was to examine how experiences with breast cancer, knowledge of risk factors, and specific heuristics inform risk judgments for oneself, for friends/peers, and comparative judgments for breast cancer (risk friends/peers - risk self). We recruited an English-speaking, multicultural (57% nonwhite) sample of 184 middle-aged (47 + or - 12 years old), well-educated women. Fifty percent of participants perceived that their breast cancer risk was the same as the risk of their friends/peers; 10% were pessimistic (risk friends/peers - risk self 0). Family history of breast cancer and worry informed risk judgments for oneself. The availability and cultural heuristics specific for black women informed risk judgments for friends/peers. Knowledge of risk factors and interactions of knowledge with the availability, representativeness, and simulation heuristics informed comparative judgments (risk friends/peers - risk self). We discuss cognitive mechanisms with which experiences, knowledge, and heuristics influence comparative breast cancer risk judgments. Risk communication interventions should assess knowledge deficits, contextual variables, and specific heuristics that activate differential information processing mechanisms.

  15. The middle manager role in energy company environmental efforts

    Science.gov (United States)

    Fischhoff, Maya E.

    2005-12-01

    This research examines the internal organizational processes determining corporate environmental action. Corporations have a tremendous environmental impact, yet relatively little is known about how employees within them view and work on these issues. The research focused on middle managers, a level of the company whose value is often questioned. Interviews were conducted with 70 middle managers at two energy companies (comprising utilities and unregulated businesses). Interviews examined the shape and significance of middle manager involvement in environmental issues, looking specifically at what issues middle managers deal with, what goals they pursue, and what approaches they use. The research finds middle managers' roles with respect to environmental issues to be far-reaching and complex. Much of their effort is focused on meeting regulatory requirements ("complying"). They are committed to compliance, in part for ethical reasons, but often find regulations frustrating and costly. Compliance is more challenging than commonly thought; it demands time, knowledge, and substantial creativity. In pursuing it, interviewees work with employees throughout the organization. This research shows middle managers interacting with those hierarchically above and below them in ways that greatly modify earlier portrayals of middle managers. Earlier portrayals often emphasized struggles for power within the organization. Here, middle managers work in ways best characterized as collaborative and supportive. Middle managers also have extensive involvement laterally within the company and with groups outside the company. These links have received modest attention in literature, yet are found to be terribly important. Middle managers' lateral efforts inside the company, often on teams, allow diverse expertise (e.g., from people in different functions) to be applied to environmental issues. Documenting middle managers' involvement externally, with governmental officials and sectors

  16. Profit maximization algorithms for utility companies in an oligopolistic energy market with dynamic prices and intelligent users

    Directory of Open Access Journals (Sweden)

    Tiansong Cui

    2016-01-01

    Full Text Available Dynamic energy pricing provides a promising solution for the utility companies to incentivize energy users to perform demand side management in order to minimize their electric bills. Moreover, the emerging decentralized smart grid, which is a likely infrastructure scenario for future electrical power networks, allows energy consumers to select their energy provider from among multiple utility companies in any billing period. This paper thus starts by considering an oligopolistic energy market with multiple non-cooperative (competitive utility companies, and addresses the problem of determining dynamic energy prices for every utility company in this market based on a modified Bertrand Competition Model of user behaviors. Two methods of dynamic energy pricing are proposed for a utility company to maximize its total profit. The first method finds the greatest lower bound on the total profit that can be achieved by the utility company, whereas the second method finds the best response of a utility company to dynamic pricing policies that the other companies have adopted in previous billing periods. To exploit the advantages of each method while compensating their shortcomings, an adaptive dynamic pricing policy is proposed based on a machine learning technique, which finds a good balance between invocations of the two aforesaid methods. Experimental results show that the adaptive policy results in consistently high profit for the utility company no matter what policies are employed by the other companies.

  17. Leadership, organization and health at work: a case study of a Swedish industrial company.

    Science.gov (United States)

    Eriksson, Andrea; Jansson, Bjarne; Haglund, Bo J A; Axelsson, Runo

    2008-06-01

    The application of knowledge on organization and leadership is important for the promotion of health at workplace. The purpose of this article is to analyse the leadership and organization, including the organizational culture, of a Swedish industrial company in relation to the health of the employees. The leadership in this company has been oriented towards developing and actively promoting a culture and a structure of organization where the employees have a high degree of control over their work situation. According to the employees, this means extensive possibilities for personal development and responsibility, as well as good companionship, which makes them feel well at work. This is also supported by the low sickness rate of the company. The results indicate that the leadership and organization of this company may have been conducive to the health of the employees interviewed. However, the culture of personal responsibility and the structure of self-managed teams seemed to suit only those who were able to manage the demands of the company and adapt to that kind of organization. Therefore, the findings indicate that the specific context of the technology, the environment and the professional level of the employees need to be taken into consideration when analysing the relation between leadership, organization and health at work.

  18. ANALYZING THE POSTPONEMENT OF TIME PRODUCTION SYSTEMS IN MAKE-TO-STOCK AND SEASONAL DEMAND

    Directory of Open Access Journals (Sweden)

    Paulo Cesar Chagas Rodrigues

    2011-12-01

    Full Text Available The supply chain management, postponement and demand management functions are of strategic importance to the economic success of organizations because they influence the production process, when viewed in isolation and empirically may hinder understanding of their behavior. The aim of this paper is to analyze the influence of the postponement in an enterprise production system with make-to-stock and with seasonal demand. The research method used was a case study, the instruments of data collection were semi-structured interviews, documentary analysis and site visits. This research is restricted to analysis of the influence that different levels of delay and the company's position in the supply chain have on the practice of demand management in the productive segment graphic, product spiral notebook and also in relation to geographical focus (region of the state São Paulo, in which it will seek to interview the managers and directors. As a way to support the research on the analysis of case study and the final considerations will be discussed the following issues: supply chain management, postponement, demand management and production system make-to-stock. The demand management can be understood as a practice that allows you to manage and coordinate the supply chain in reverse, i.e. the consumer to the supplier, in which consumers trigger actions for the supply of products can make the process more efficient. The purpose of managing the supply chain is able to allow the addition of value, exceeding the expectations of consumers, it is necessary to develop a relationship with suppliers and customers win-win. The postponement strategy must fit the characteristics of the turbulent environment within the markets along with demands that require variety of customized products and services and reasonable costs, aiming to support decision making. The postponement of time can be a way to soften the increase in inventory of finished product in the company

  19. Electronic Markets Selection in Supply Chain with Uncertain Demand and Uncertain Price

    Directory of Open Access Journals (Sweden)

    Fengmei Yang

    2015-01-01

    Full Text Available In recent years, more and more companies start online operation. Electronic market becomes a key component of some companies’ strategy. Supply chain management is another key component of the strategy as being adopted by an increasing number of companies. There are many interactions between electronic market and supply chain. One of the key questions is to select one type of electronic market from the view of supply chain. This paper develops some models to explore the issue of selection between public electronic market and private electronic market in three scenarios where electronic market is used for buying, for selling, and for both selling and buying, respectively. In a public electronic market, neither the supplier nor the retailer is the owner of the electronic market. However, in a private electronic market, there is an owner that is either the supplier or the retailer. Besides demand uncertainty, we take into account the price uncertainty in electronic market. We explore the conditions under which the agent of supply chain selects one certain type of electronic market by comparing expected profits of supply chain members in different scenarios. Some sensitivity analyses are conducted to explore the impact of the customer demand, electronic market retail price, and e-market use fee on the selection of electronic market. Finally, some interesting managerial and academic insights are obtained.

  20. Demand Uncertainty

    DEFF Research Database (Denmark)

    Nguyen, Daniel Xuyen

    This paper presents a model of trade that explains why firms wait to export and why many exporters fail. Firms face uncertain demands that are only realized after the firm enters the destination. The model retools the timing of uncertainty resolution found in productivity heterogeneity models....... This retooling addresses several shortcomings. First, the imperfect correlation of demands reconciles the sales variation observed in and across destinations. Second, since demands for the firm's output are correlated across destinations, a firm can use previously realized demands to forecast unknown demands...... in untested destinations. The option to forecast demands causes firms to delay exporting in order to gather more information about foreign demand. Third, since uncertainty is resolved after entry, many firms enter a destination and then exit after learning that they cannot profit. This prediction reconciles...

  1. Analysis of the Effect of Employee Costs on Company Performance

    Directory of Open Access Journals (Sweden)

    Željko Požega

    2010-07-01

    Full Text Available The goal of every economic entity is to accomplish an optimal system of compensation management and to reach maximum returns through optimal employee investment, raising their motivation and knowledge as well as developing their abilities and skills. In order to reach this goal of maximizing company performance it is necessary to systematically approach the management of human resources within a certain economic entity and to create the fairest material and non-material reward and punishment system by using compensation management methods. This in turn will bring about a positive working atmosphere in the company, where employees will rapidly and easily adjust to changes, interact and co-operate with one another at a high level. This research, which studies the effect of employee costs on company performance, is divided into three chapters. The first chapter provides a brief theoretical overview of the importance of compensation management in human resources administration and reaching business efficiency, i.e. the different possibilities of creating a reward and punishment system in a company which aims to organise an optimal working atmosphere. The second chapter demonstrates the applied methodology and illustrates the information from different companies, which has been used in this research and analysis. The information comprises statistical data of employee costs, income, profits and losses from a sample of companies from the Republic of Croatia in 2008. The third part deals with the analysis and interpretation of the research results which show the effect of employee costs on the income and company performance, also expressed per employee. The goal of this research is to test the hypothesis that companies with higher employee cost, i.e. with higher investment in human resources, on average obtain a higher income and a higher profit per employee and are more efficient and more successful on the market. From the given hypothesis, one can

  2. Managing Media Supply Chains in European Publishing Companies : Strategic issues, values and partnerships

    OpenAIRE

    Kabiraj, Sajal

    2007-01-01

    European publishing companies are quickly digitizing their businesses to achieve cost savings, and increased market reach and penetration. IT is increasingly affecting the ways in which the whole value chain operates. Interaction and collaboration costs have been slashed. Physical assets are no longer the cornerstone of competitive success and value propositions. This situation became more critical mainly due to continuous increase in consumer expectations, longer demand chain, conventional m...

  3. Environmental services coupled to food products and brands: food companies interests and on-farm accounting.

    Science.gov (United States)

    Kempa, Daniela

    2013-09-01

    Much research has been carried out on governmental support of agri environmental measures (AEM). However, little is known about demands on and incentives from the commercial market for environmental contributions of the farmers. The factors farm structures, level of remuneration and legal framework have been thoroughly investigated. However, demands of the food industry for environmentally friendly goods(1) and their effects on farmers' decisions have not yet been analyzed. Leading companies in the food industry have observed an increasing consumer awareness and, due to higher competition, see an additional need to communicate environmental benefits which result from either organic production methods or agri-environmental measures. To address this research deficit, two case studies were carried out. The first case study is a survey aimed at the industrial food producers' demands with regards to the environmental performance of supplying farms. Concurrently, within a second survey farmers were questioned to find out what conditions are required to implement agri-environmental measures beyond cross compliance and document their environmental performance. This article presents the outcomes of the first case study. The results show that food companies have an interest in the documentation of environmental benefits of supplying farms for their marketing strategies. Provision of support by finance or contract-design is also seen as appropriate tool to promote an environmentally friendly production. In turn the food producers' demand and support for documented environmental services can have a positive influence on farmers' decisions for implementation and documentation of these services. Thus, the surveys provide essential findings for further development of documentation strategies for environmental benefits within the supply chain. Copyright © 2012 Elsevier Ltd. All rights reserved.

  4. Electrical demand forecast in two different scenarios of socio-economic development

    International Nuclear Information System (INIS)

    Goni, M.R.

    1996-01-01

    A projection of electrical demand for two different scenarios is presented in the study. The study period is 1993-2010 and 1993 has been taken as base year. In this planning study MAED program was used as well as all available information from INDEC (National Statistical Body), CAMMESA (Electrical Market Company) and Ministery of Economy. The results in the base year achieved an accuracy higher than 98%. The scenarios described two different rates of growth and electrical penetration in energy uses. (author). 3 refs., 9 figs., 2 tabs

  5. Shapley value based transfer pricing in supply chains with stochastic demand

    Directory of Open Access Journals (Sweden)

    Lihua Chen

    2015-01-01

    Full Text Available We study the question of how to ideally divide total profits among supply chain members, especially in a stochastic demand market. The Shapley value is used as the methodology solution to divide profits in a supply chain. To illustrate the Shapley value solution and procedures, a two-echelon supply chain consisting of one supplier and two heterogeneous retailers is examined. The goal is to figure out ideal transfer prices for products delivered among supply chain members. These transfer prices will achieve the suggested profit allocations among three companies.

  6. The Spanish Gas Market: Demand Trends Post Recession and Consequences for the Industry

    OpenAIRE

    2011-01-01

    In parallel with a flourishing economy, the natural gas industry in Spain was characterised by rapid consumption growth in the late 1990s and 2000s. Infrastructure and supplies were designed to meet the needs of a gas market growing at double digit rates each year. This high growth rate – for a European gas market – was expected to continue until at least the mid-2010s. By 2011, this outlook was replaced by a more pessimistic one. Firstly, the country’s economy was hit hard by the global rece...

  7. Running While Others Walk: Knowledge and the Challenge of ...

    African Journals Online (AJOL)

    Africa lags behind in many social indicators of wellbeing. As a 'Late, Late Comer' Africa will, as Nyerere suggested, have to 'Run While Others Walk'. This demand on the continent to 'run' has to contend with a pessimistic discourse that has, against all evidence, insisted that Africans cannot do what many other 'late comers' ...

  8. How to Align the University Curricula with the Market Demands by Developing Employability Skills in the Civil Engineering Sector

    Directory of Open Access Journals (Sweden)

    Livia Anastasiu

    2017-09-01

    Full Text Available The purpose of the research is to discover which employability skills may be developed by students from technical universities in order to meet market demands. Since graduates from technical universities face unemployment or over qualification for vacant jobs, we presumed that there is a misalignment between employers’ expectations concerning graduates’ skills and what they really get from school. Therefore, we conceived a questionnaire to see the demands of the business environment regarding graduates’ technical and professional skills. After analyzing the data, we proposed an interdisciplinary module system, where the mentors coming from the companies involved in the study teach voluntary or optional courses and applications in the domains where they have expertise. We used the employability skills model to find that mix of competencies that may help graduates find jobs in their field of knowledge. This innovative method serves universities, students and companies as well: the prestige of a university is quantified by the experts delivered into the labor market; companies will have well prepared employees in their specific area, with less costs; students will find jobs which will match their expectations, giving them motivation to perform. The limitation of the present research is that the study refers only to the Civil Engineering specialization of the Technical University Cluj-Napoca Romania.

  9. Can demand-side policies stop the tobacco industry's damage? Lessons from Turkey.

    Science.gov (United States)

    Gultekin-Karakas, Derya

    2015-01-01

    Trade and investment liberalisation in the post-1980 period allowed the penetration of transnational tobacco companies into the Turkish market. State control over the market was gradually removed and tobacco farming, manufacturing, trade and consumption were reshaped in line with the needs of transnational tobacco companies. The resultant increase in product proliferation and aggressive marketing strategies led to a dramatic rise in cigarette consumption in the 1990s, making Turkey a market with one of the sharpest consumption increases in the world. While Turkey implemented demand-side tobacco control policies to reduce consumption after 1996, it continued to stimulate manufacturing and trade in a conflicting way. The Turkish case verifies that the liberalisation process facilitated by the state under the auspices of international institutions conflicts with tobacco control. Liberalisation paves the way for market expansions of transnational tobacco companies that resist tobacco control in their drive for profit. Current global tobacco control policies, with no interest in controlling manufacturing, have limited effect on consumption. The Turkish case indicates the necessity of establishing public control over tobacco manufacturing and trade from a public health perspective.

  10. Evaluation of the administration of the solid waste in the Manufacturers Companies of Costa Rica

    International Nuclear Information System (INIS)

    Azofeifa Olivares, R.

    2001-01-01

    The current administration of the solid waste should be evaluated in order to verify the manufacturer companies reuse, recycle and the appropriate management of the c. By means of field investigation, the generation, storage, gathering, treatment, and final disposition of the solid waste of the construction are evaluated in different types of companies. It is concluded that the manufacturer companies in our country do not carry out an appropriate administration of the solid waste.While in the technical specifications or in the bid poster the way they should have the waste is not demanded, they will continue improperly managing the residuals, impacting the environment in an irrational way. The mitigation measures are recommended to the problem of the bad administration of the waste and they think about the necessary limits to implement in the bid posters the appropriate administration of the solid waste. (Author) [es

  11. PRODUCT ADAPTATIONS IN THE INTERNATIONALIZATION PROCESS OF THE FURNITURE SECTOR COMPANIES IN THE SOUTH OF BRAZIL

    Directory of Open Access Journals (Sweden)

    Marise Mainieri de Ugalde

    2011-06-01

    Full Text Available Sustaintability is deserving more attention from companies, not only in their market relations but also in their product development strategies, specially those related with brands and packaging. This study analyzed the product adaptations demanded on the exporting efforts of seven furniture companies of the state of Rio Grande do Sul in the South of Brazil. To do this a multiple case study was carried out involving in depth interviews, observation techniques and analysis of documents. The data collected were analyzed for content and categories were defined considering the literature on the subject and opinions of specialists. Main results showed that most companies do not have a defined and deliberated strategy to act in the international scenario and most adaptations were related to product, brands and packaging were made according to requests from importers and aimed, basically.

  12. STUDYING THE STOCKS MANAGEMENT OF A SMALL COMPANY OF THE SERVICES

    Directory of Open Access Journals (Sweden)

    Paulo Cesar Chagas Rodrigues

    2013-06-01

    Full Text Available Many are the possibilities of intervention in the organizations so that they rationalize their process of production, and satisfy the necessities of their customers. Among these possibilities to be treated in this article it is the stocks management optimization, that is one of the great generators of waste, also, when badly managed, occults the majority of the management problems. Simple elements as tools for predicting demand, stocks control and classification systems, evaluation physicist-financier system, layout, amongst other instruments, if correctly implanted and managed bring considerable benefits for the organization, increasing productivity and competitiveness. This research, has tried to restrict its focus, by studying the stocks management of a small of the computer science company located in the city of Bauru, State of Sao Paulo, which has an estimated population of 305.753 inhabitants, with approximately 1.338 industries, 7.094 commerce and 5.371 rendered company service.

  13. ENGINEERING-TO-ORDER VERSUS MAKE-TO-STOCK STRATEGY: AN ANALYSIS AT TWO PRINTING COMPANIES

    Directory of Open Access Journals (Sweden)

    Paulo Cesar Chagas Rodrigues

    2010-09-01

    Full Text Available Organizations are adopting industrial production models with priority given to reducing costs and increasing the quality of their processes and products. Optimizing and rationalization the inventory management is a great opportunity for these companies conquer these goals. The objective of this paper is to analyze inventory management at two printing companies located in the region of Bauru, where one adopts the Engineering-To-Order (ETO production system and the other the Make-To-Stock (MTS production system, highlighting their convergences and oppositions. For their achievement was chosen by the methodology of study of multiple cases (two cases. Data were collected through the intersection of the following tools: semi-structure, document analysis and observation in loco. Revisions are made in theoretical work on the following topics: logistics, management of materials and production planning and control. These themes guided the search, allowing a greatest criticism about the collected data and information generated. The two case studies were presented together with a comparative table of the main aspects of the influence of demand management strategy on the inventory management in two companies. Although the companies adopt different production strategies, there was no significant change observed in inventory management strategy.

  14. Job demands, job resources, and job performance in japanese workers: a cross-sectional study.

    Science.gov (United States)

    Nakagawa, Yuko; Inoue, Akiomi; Kawakami, Norito; Tsuno, Kanami; Tomioka, Kimiko; Nakanishi, Mayuko; Mafune, Kosuke; Hiro, Hisanori

    2014-01-01

    This study investigated the cross-sectional association of job demands (i.e., psychological demands) and job resources (i.e., decision latitude, supervisor support, co-worker support, and extrinsic reward) with job performance. A total of 1,198 workers (458 males and 740 females) from a manufacturing company in Japan completed a self-administered questionnaire that included the Job Content Questionnaire, Effort-Reward Imbalance Questionnaire, World Health Organization Health and Work Performance Questionnaire, and demographic survey. Hierarchical multiple regression analyses were conducted. After adjusting for demographic characteristics, decision latitude (β=0.107, p=0.001) and extrinsic reward (β=0.158, pjob performance while supervisor support (β=-0.102, p=0.002) was negatively and significantly associated with job performance. On the other hand, psychological demands or co-worker support was not significantly associated with job performance. These findings suggest that higher decision latitude and extrinsic reward enhance job performance among Japanese employees.

  15. The Employment of spatial autoregressive models in predicting demand for natural gas

    International Nuclear Information System (INIS)

    Castro, Jorge Henrique de; Silva, Alexandre Pinto Alves da

    2010-01-01

    Develop the natural gas network is critical success factor for the distribution company. It is a decision that employs the demand given location 'x' and a future time 't' so that the net allows the best conditions for the return of the capital. In this segment, typical network industry, the spatial infra-structure vision associated to the market allows better evaluation of the business because to mitigate costs and risks. In fact, economic models little developed in order to assess the question of the location, due to its little employment by economists. The objective of this article is to analyze the application of spatial perspective in natural gas demand forecasting and to identify the models that can be employed observing issues of dependency and spatial heterogeneity; as well as the capacity of mapping of variables associated with the problem. (author)

  16. Extending the Internet to make demand management e-smart

    Energy Technology Data Exchange (ETDEWEB)

    Nelson, M. D. [emWare Inc., Salt Lake City, UT (United States)

    2001-06-01

    A new cost-effective solution to managing peak power demand by utility companies is described. The system was developed by Carrier Corporation, in conjunction with Silicon Energy, AT and T and emWare Inc. The program is known as 'ComfortChoice'. The heart of the system is a new generation of energy management interface (Emi) thermostat which is Internet-enabled. These thermostats allow the utility company to adjust the customer's temperature set point during peak energy time to reduce energy usage, while giving the customer complete freedom to override the utility company's settings and to control the thermostat remotely via a Web browser interface on a PC. The device-networking system runs on the EMIT software package, developed by emWare Inc, which is ideal for electronic devices with 8- or 16-bit micro-controllers, like thermostats and other everyday devices, and enable bringing the Internet into homes in a cost-effective platform. It is particularly well-suited to controlling power and resource management, heating and cooling systems, building and home automation, telemedicine and health services to network-enable new and existing products, making them e-smart. In addition to being enabled to monitor, diagnose, upgrade and control these devices over the Internet, the embedded micro internet-working technology (EMIT) also offers improved service, greater convenience, and increased cost savings. Productivity and safety are also claimed to be enhanced.

  17. 17 CFR 270.3a-3 - Certain investment companies owned by companies which are not investment companies.

    Science.gov (United States)

    2010-04-01

    ... the definition of the term “investment company” by section 3(b)(1) or 3(b)(2) of the Act (15 U.S.C... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Certain investment companies owned by companies which are not investment companies. 270.3a-3 Section 270.3a-3 Commodity and...

  18. Natural gas supply and demand projections for the Asia-Pacific region

    International Nuclear Information System (INIS)

    Khin, J.A.

    1992-01-01

    The phenomenon of rapid economic growth in the Asia Pacific has inevitably led the countries of this region to expand and diversify their energy sources in order to satisfy their burgeoning energy demands. Natural gas has become an increasingly marketable energy source in this region benefitting from vast reserves and its advantages as an environmentally clean fuel. As a result of the impact of the two oil shocks of the 1970's on the Asia Pacific economy, the governments in the region set about the development of energy strategies which would make their national economies more resilient to the instabilities of world energy price and supply. The Japanese Gas Industry has estimated that the overall rise in demand for energy in Asia, set at an average rate of 3.7% per annum, will see a corresponding growth in demand for natural gas at 5%. Experts from a number of major oil companies, such as Exxon, expect an annual growth in the Asian natural gas market of 6.0 to 6.3%. These figures are over shadowed by the worldwide demand for natural gas which is expected to gain an 8% increase within the next two decades. Approximately 8.75% of the world's proven natural gas reserves are held in Asia-Pacific region (Table I). Most of the region's natural gas production will provide over 100 years of supply. A review of natural gas supply/demand in the Asia-Pacific region is presented in sub-regions, namely ASIAN, Northeast Asia, the Indian Subcontinent and Oceania

  19. Smart Companies.

    Science.gov (United States)

    Galagan, Patricia A.

    1997-01-01

    Capturing and leveraging knowledge is an important new management trend that is as yet undefined. Some companies are accounting for their intellectual capital and applying it to the company balance sheets. (JOW)

  20. Cigarette demand is responsive to higher prices: findings from a survey of University students in Jordan.

    Science.gov (United States)

    Sweis, Nadia J; Cherukupalli, Rajeev

    2016-11-01

    To estimate the price elasticity of cigarette demand for university students aged 18-24 years in Jordan. Questions from the Global Adult Tobacco Survey were adapted and administered to students from 10 public universities in Jordan in 2014. A two-part econometric model of cigarette demand was estimated. Nearly one-third of university students in Jordan smoke, purchasing 33.2 packs per month and paying 1.70 Jordanian dinars on average (US$2.40) for a pack of 20 cigarettes. The price elasticity of cigarette demand was estimated to be -1.15. Higher taxes may be particularly effective in reducing smoking among University students in Jordan. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/.

  1. Demand powers ahead [Gas in Europe

    International Nuclear Information System (INIS)

    Potter, N.

    1994-01-01

    Natural gas demand in Europe has been growing steadily for many years and is likely to go on increasing in the domestic sector, the industrial sector and in power generation. In this review a number of features of the market supply situation are reported. Potential new markets for Norwegian gas in eastern and central Europe are being evaluated. Other exporting countries are also keen to obtain a greater share in the expanding European market. Among them are Russia, Algeria and Nigeria, but political uncertainties in each of these countries are a cause for concern. Algeria has new pipelines to supply Italy, Spain and Portugal. The Russian company, Gazprom, has launched the construction of a pipeline to link new gas fields in northern Siberia with western Europe and has set up contracts with German companies which are facilitating the sale of Russian gas in Europe. Supply potential also exists in some of the other countries of the former Soviet Union, such as Kazakhstan and Turkmenistan. A group of leading European gas utilities are exploring the feasibility of imports from Iran either via a pipeline link or as liquefied natural gas. The United Kingdom hopes to export North Sea gas into Europe through the proposed Interconnector pipeline from Bacton to Zeebrugge, in th long-term, though, the pipeline may be used for imports into the UK. A controversial proposal to introduce third-party access to European pipelines could alter the whole structure of the market. (UK)

  2. Increasing Quality through Implementing the Quick Response Method to Achieve Competitiveness of the Company

    Directory of Open Access Journals (Sweden)

    Lenka Branská

    2008-12-01

    Full Text Available Representatives of the European Union as well as particular countries realize that quality has become a decisive factor of competitiveness. Therefore, they intensively support the care for quality at the micro-economic level. It is provided through corporate quality management systems. It is a tool allowing companies to grow constantly through suitable application of modern methods applicable in the corporate management. One of the methods contributing to increasing the quality provided as well as to efficiency of actual processes is the Quick Response method. It is an approach enabling to increase the speed of response to the customers’ demands, with reasonable costs spent. Implementation of this method should contribute to fulfilling the basic principles of the quality management and higher competitiveness of the company.

  3. Project for the adaptation of the Instituto Nacional de Investigaciones Nucleares (ININ) to work as companies incubator, and the business plan as support device in the achievement of successful base technological companies

    International Nuclear Information System (INIS)

    Rubio A, C.R.

    1996-01-01

    The purpose of this project is to study an option to reduce technology dependence by taking advantage of the technology based companies generated by the organisms called 'Companies Incubators'. The first point given, is an introduction about incubation applied to national companies and the experiences had about them. There are also suggested some indicators which can be used to develop the incubator tasks. Once it has been defined the topic about incubation in the country, it is provided information about the items determining the company performance within an incubator. In order to do this, it is shown the way the Instituto Nacional de Investigaciones Nucleares can provide not only its facilities but also qualified personnel working for them. Thus it is given a scheme along with a brief organization description and key personnel for the incubator, stating the functions and responsibilities per each one of the persons who are part of the project direction and leading. The bases for the incubator are stated, as well as the requirements to start-up a company being supported by a company incubator. The key points to have a succesful development for the incubator are: the service it can give as well as the guidelines for companies entrance, which are classified into two sorts of customers, external and internal. It is also included a market research about the main product derived from creating a company incubator, as well as the sub-products, the market area, this is directed to the people who will benefit from it, the supply and demand involved with ININ. The main tool used was Business Plan, which defines its importance within the organization and activities guide, it is also included the Business Plan structure

  4. Global Canucks : from the jungles of South America to Australia's outback, Canadian companies are wildcatting under the fluttering Maple Leaf

    International Nuclear Information System (INIS)

    Stastny, R.P.

    2010-01-01

    This article described the how the Canadian company Gran Tierra Energy has expanded its operations to Australia and Colombia in South America. The companies 3 main criteria for judging its overseas projects include good geology, good fiscal terms and stable government policies. As a petroleum geologist, the president of the company gained expertise while exploring for and producing oil in North Africa, in Southeast Asia, and in Alaska. The experience laid the foundation for the company's success overseas. The challenges associated with overseas work were discussed, with particular reference to environmental liability, Aboriginal issues and planning. Companies are drawn to overseas operations primarily because of an expectation to create more value per dollar invested, compared to domestic opportunities. International operators face complexities that demand understanding of everything from tricky tax laws, difficulties repatriating proceeds, and logistical and technical challenges of expropriation of assets. The rewards, however, include huge resource potential, fiscal incentives, market opportunities and joint venture opportunities. 5 figs.

  5. The Insertion of the Tool Balanced Scorecard in the Strategic Planning of a Growing Company: A Case Study in the Company Metadil Metalúrgica Indústria e Comércio Ltda

    Directory of Open Access Journals (Sweden)

    Rafaela Thomaz Queiroz

    2015-08-01

    Full Text Available The aim of this study was to analyze how the Balanced Scorecard (BSC can assist in the building the strategic planning of a small growing company, in order to achieve its strategic targets. For this purpose, it was carried out a study in a small company of the furniture segment, with a view to identify the benefits derived from the use of BSC at the organization. The following departments were analyzed: Human Resources, Marketing/Customers, Finances, and Production, and identified as BSC perspectives, they assisted in meeting the strategic targets of the company. In this study, it was adopted the qualitative methodology, with exploratory and descriptive nature, through case study. By the close analysis of BSC use, it was noticed, that there should be greater interaction among the different areas, with effective acting from HR area, regarding improvement in the company learning and growth, such as training and motivation programs; at the Production section, indicators were created in order to meet the increasing demand; concerning Marketing/Customers section, it was identified, through indicators at customers perspective, their real needs, in order to keep them satisfied with products and services; and, regarding to Finances, indicators were created to manage the investments and the minimization of production costs.

  6. Manufacturing strategy in the auto parts industry: a multicases study in companies at sorocaba’s region

    Directory of Open Access Journals (Sweden)

    Márcia Regina Neves Guimarães

    2014-05-01

    Full Text Available The alignment of manufacturing strategy with the business strategy is fundamental for achieving sustainable competitive advantage. In the particular case of the automotive industry, it is verified that the production strategy of suppliers is strongly influenced by the strategy of automakers. In this context, this paper aims at presenting characteristics of the content of the production strategy of four auto parts companies besides analyzing the influence of automakers in the definition of the strategy contents.This is a descriptive and exploratory research that uses  a qualitative approach and the multi-case study method. Among the main results, it was found that the prevalent competitive priority in the companies is quality followed by delivery. In the decision areas, it was noted that customers have great influence on the quality management of these companies and in the R&D activities, besides demanding frequent deliveries. Finally, it was found that auto parts companies seek to strengthen their competitive priorities by adopting criteria from suppliers  for selecting and evaluating.

  7. Managing key capabilities: A challenge for nuclear plant building companies

    International Nuclear Information System (INIS)

    Pascal Corbel

    2003-01-01

    The nuclear plant building industry faces a paradoxical situation. The use of nuclear reactors to produce energy for civil purposes is both a promising technology, with potentially huge outlets, and a technology facing declining demand. One of the key problems is then: how to maintain the capabilities necessary to benefit from the potential recovery? The resource-based view of strategic management has shown the importance of different types of resources and capabilities in gaining a sustainable competitive advantage. Successful incumbents in the market of nuclear station building have built those kinds of distinctive capabilities that give them a competitive advantage over potential new entrants. But we show that, without a permanent activity in plant building, preserving those capabilities necessitates specific strategic action. We firstly develop the argument that the nuclear plant building industry is in a paradoxical situation in terms of demand and technical performance trends. Secondly, we try to identify the key capabilities of the incumbents. We show that companies in that field use mainly three types of distinctive capabilities: pure technical and scientific knowledge in direct relation to the use of nuclear as an energy generator, competences in risk management and competences in large project management, including financing. Thirdly, we show that although some of those capabilities are used through other nuclear-related activities such as plant maintenance or fuel supply, some of them necessitate taking strategic actions in order to be preserved. We argue that this should be a priority of nuclear equipment company managers in the next few years. (author)

  8. IDENTIFICATION REQUIREMENTS CUSTOMER SERVICE PROVIDED ON THE LEVEL OF LIGHT INDUSTRY COMPANIES

    OpenAIRE

    MALCOCI Marina; GONCEAR Tatiana

    2015-01-01

    Moldova is a small country whose territory is 350 km from north to south and 150 km from West to East. Analyzing data from the Statistical Yearbook 2012 shows that 437 enterprises were active dealing with textiles, footwear etc., from 2005 - only 310 companies. Motivation is the business of an assured market, the demand for products and services - volume and structure - which manifests itself on the domestic and foreign markets. Improving customer service is one of the main objectives of prod...

  9. MERGER ACCOUTING FOR COMPANIES

    OpenAIRE

    SUCIU GHEORGHE

    2014-01-01

    Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies) or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and mu...

  10. The role of bio-fuels in satisfying US transportation fuel demands

    Energy Technology Data Exchange (ETDEWEB)

    Akinci, Berk; Fitch, Jonathan V. [Department of Electrical Engineering, Worcester Polytechnic Institute, 100 Institute Road, Worcester, MA 01609 (United States); Kassebaum, Paul G. [Department of Mechanical Engineering, Worcester Polytechnic Institute, 100 Institute Road, Worcester, MA 01609 (United States); Thompson, Robert W. [Department of Chemical Engineering, Worcester Polytechnic Institute, 100 Institute Road, Worcester, MA 01609 (United States)

    2008-09-15

    In spite of the abundant interest in conversion of agricultural products into useful energy carriers, there have been relatively few studies assessing the magnitude of the impact these fuels can make on satisfying US energy demands. There have been fewer studies of unintended consequences stemming from these enterprises, although several research groups have begun questioning the appropriate levels of subsidies provided to individuals and companies to stimulate production of bio-fuels. In this paper, the production capacities for bio-fuels - ethanol and biodiesel - are evaluated for their potential impact on the US energy market. Several ramifications of these technologies are reviewed. This study concludes that ethanol or biodiesel production do not appear scalable to make a significant difference on the US fossil fuel demand for transportation. Aspects of this study point to systemic changes that may be required in lifestyles and attitudes toward energy consumption. Finally, comments regarding US energy policies are included to stimulate discussion. (author)

  11. The role of bio-fuels in satisfying US transportation fuel demands

    International Nuclear Information System (INIS)

    Akinci, Berk; Kassebaum, Paul G.; Fitch, Jonathan V.; Thompson, Robert W.

    2008-01-01

    In spite of the abundant interest in conversion of agricultural products into useful energy carriers, there have been relatively few studies assessing the magnitude of the impact these fuels can make on satisfying US energy demands. There have been fewer studies of unintended consequences stemming from these enterprises, although several research groups have begun questioning the appropriate levels of subsidies provided to individuals and companies to stimulate production of bio-fuels. In this paper, the production capacities for bio-fuels-ethanol and biodiesel-are evaluated for their potential impact on the US energy market. Several ramifications of these technologies are reviewed. This study concludes that ethanol or biodiesel production do not appear scalable to make a significant difference on the US fossil fuel demand for transportation. Aspects of this study point to systemic changes that may be required in lifestyles and attitudes toward energy consumption. Finally, comments regarding US energy policies are included to stimulate discussion

  12. European needs for uranium in relation to world supply and demand

    International Nuclear Information System (INIS)

    Davis, M.

    1977-01-01

    The paper explains why Western Europe, and in particular the European Community, is engaged in an important diversification of energy sources to nuclear generated electricity. The resulting Western European demand for uranium (most of which will have to be imported) is quantified and discussed in relation to the needs of North America and Japan and the latest estimates of world uranium resources and production capability. The European Community will be the largest purchaser of uranium from a variety of sources on the world market. It is shown that the lower limits of past estimates for uranium demand appear to be the most reliable so far; the causes and effects of uncertainty for the future are outlined; and the need for exploration is emphasized. It is maintained that although close collaboration between electricity utilities and mining companies is highly desirable, the goal of an orderly market (which should be achievable for uranium) will not be achieved without a positive and constructive contribution being made by public authorities. (author)

  13. An optimization model for natural gas supply portfolios of a power generation company

    International Nuclear Information System (INIS)

    Jirutitijaroen, Panida; Kim, Sujin; Kittithreerapronchai, Oran; Prina, José

    2013-01-01

    Highlights: ► An optimization model for daily operation of a natural gas-fired generation company is proposed. ► The model considers uncertainties in electricity price and natural gas price. ► The model is formulated to capture the hedging decisions by the company. ► The solution yields quantities of natural gas, generating schedule and purchasing quantities of electricity. ► Higher profit can be achieved by adapting inventory and production to the actual spot prices of natural gas and electricity. - Abstract: This paper considers a deregulated electricity market environment where a natural gas-fired generation company can engage in different types of contracts to manage its natural gas supply as well as trade on the electricity market. If the contracts are properly designed, they can protect the company from fluctuations in electricity price and demand, at some cost to the company’s expected profit. This reduction in profit can be mitigated by trading on the natural gas and electricity spot markets, but this trading activity may also sometimes result in losses. A stochastic programming model is formulated to capture the hedging decisions made by the company, as well as the interactions between the natural gas and electricity markets. The benefits offered by this approach for profit maximization in a variety of business scenarios, such as the case where the company can hold some amount of gas in storage are studied and presented. It is found that the stochastic model enables the company to optimize the electricity generation schedule and the natural gas consumption, including spot price transactions and gas storage management. Several managerial insights into the natural gas market, natural gas storage, and distribution profit are given

  14. Managerial leadership is associated with employee stress, health, and sickness absence independently of the demand-control-support model.

    Science.gov (United States)

    Westerlund, Hugo; Nyberg, Anna; Bernin, Peggy; Hyde, Martin; Oxenstierna, Gabriel; Jäppinen, Paavo; Väänänen, Ari; Theorell, Töres

    2010-01-01

    Research on health effects of managerial leadership has only taken established work environment factors into account to a limited extent. We therefore investigated the associations between a measure of Attentive Managerial Leadership (AML), and perceived stress, age-relative self-rated health, and sickness absence due to overstrain/fatigue, adjusting for the dimensions of the Demand-Control-Support model. Blue- and white-collar workers from Finland, Germany and Sweden employed in a multi-national forest industry company (N=12,622). Cross-sectional data on leadership and health from a company-wide survey analysed with logistic regression in different subgroups. AML was associated with perceived stress, age-relative self-rated health, and sickness absence due to overstrain/fatigue after controlling for the Demand-Control-Support model. Lack of AML was significantly associated with a high stress level in all subgroups (OR=1.68-2.67). Associations with age-relative self-rated health and sickness absence due to overstrain/fatigue were weaker, but still significant, and in the expected direction for several of the subgroups studied, suggesting an association between lack of AML and negative health consequences. The study indicates that managerial leadership is associated with employee stress, health, and sickness absence independently of the Demand-Control-Support model and should be considered in future studies of health consequences for employees, and in work environment interventions.

  15. CONCEPT OF DEVELOPMENT OF COMPANY'S CRISIS ON THE BASIS OF CHANGES OF ITS STATE

    Directory of Open Access Journals (Sweden)

    Perfilyev A. A.

    2014-03-01

    Full Text Available The company crisis is not just its state, but a process that unfolds over time. Both in theory and in practice various indicators of the state and dynamics of the company's business are usually studied. In the article we offer a look at the development of the company crisis from the viewpoint of influence of environmental changes on the capital structure and movement of capital stock and financial flows. By changing of the state of the company’s environment we mean here a change of the configuration of its contractors - suppliers and buyers, of the terms of engagement with its older counterparts, of the conditions of its access to credit, etc. In the article we suggest the concept of management of the financial crisis of individual company based on the relationship between the change in the external environment and sequence of the company’s responses to these changes. It is based on a simulation model implemented for a company producing consumer goods in the conditions of structural decline in demand. The proposed approach and the concept of the company's crisis development is the development of the theory of crisis management. Through in-depth and structured analysis of manifestations of the crisis, they can build a sequence of methods of crisis overcoming. Practical value of the proposed concept is to increase the effectiveness of crisis management by identifying the relationship between the changes in the configuration of the environment on the one hand, and changes in capital structure and cash flow and capital flows, on the other. It allows translating unmanaged crisis into planning of crisis development of the company with further its overcoming.

  16. Formulation of a projection model of electric power demand applied to isolated systems in natural development: the case of the brazilian electric company of Rondonia territory; Formulacao de um modelo de projecao de demanda de energia eletrica aplicado a sistemas isolados em desenvolvimento natural: o caso da CERON - Centrais Eletricas de Rondonia

    Energy Technology Data Exchange (ETDEWEB)

    Dourado, Rosana Aparecida

    2004-07-01

    The Electricity inserts it self more than other services in the economy and in the Brasilian society resulting an increase of market of electrical energy more than that of economy e consequently in the national energy bases. Given the importance of the definition of the demand of electrical energy inside the development process of a region, the objective of this dissertation is to propose a model of forecasting energy demand applied to a small scale utility. With basing on the foundation that the electrical energy demand varies accordingly with the region, social levels and economical conditions and also the activities developed, the method utilized was a definition of a set of representative variables in this context, using the relation between the population an the number of residential consumers; consumption per residential consumer and the consumption structure of the residential segment over the total demand. The results with the application of the model utilizing this philosophy of the technique of modeling scenes, permitted the definition of electrical energy demand for the market of the Brazilian electric company CERON S.A. like a case study. (author)

  17. Open Source Telecommunication Companies

    Directory of Open Access Journals (Sweden)

    Peter Liu

    2007-08-01

    Full Text Available Little is known about companies whose core business is selling telecommunications products that lever open source projects. Open source telecommunications (OST companies operate in markets that are very different from typical software product markets. The telecommunications market is regulated, vertically integrated, and proprietary designs and special chips are widely used. For a telecommunications product to be useful, it must interact with both access network products and core network products. Due to specifications in Service Agreements Levels, penalties for failures of telecommunications products are very high. This article shares information that is not widely known, including a list of OST companies and the open source projects on which they depend, the size and diversity of venture capital investment in OST companies, the nature of the commercial product-open source software and company-project relationships, ways in which OST companies make money, benefits and risks of OST companies, and competition between OST companies. Analysis of this information provides insights into the ways in which companies can build business models around open source software. These findings will be of interest to entrepreneurs, top management teams of incumbent companies that sell telecommunications products, and those who care about Ontario's ability to compete globally.

  18. Aggregated Demand Modelling Including Distributed Generation, Storage and Demand Response

    OpenAIRE

    Marzooghi, Hesamoddin; Hill, David J.; Verbic, Gregor

    2014-01-01

    It is anticipated that penetration of renewable energy sources (RESs) in power systems will increase further in the next decades mainly due to environmental issues. In the long term of several decades, which we refer to in terms of the future grid (FG), balancing between supply and demand will become dependent on demand actions including demand response (DR) and energy storage. So far, FG feasibility studies have not considered these new demand-side developments for modelling future demand. I...

  19. Aggregate electricity demand in South Africa: Conditional forecasts to 2030

    International Nuclear Information System (INIS)

    Inglesi, Roula

    2010-01-01

    In 2008, South Africa experienced a severe electricity crisis. Domestic and industrial electricity users had to suffer from black outs all over the country. It is argued that partially the reason was the lack of research on energy, locally. However, Eskom argues that the lack of capacity can only be solved by building new power plants. The objective of this study is to specify the variables that explain the electricity demand in South Africa and to forecast electricity demand by creating a model using the Engle-Granger methodology for co-integration and Error Correction models. By producing reliable results, this study will make a significant contribution that will improve the status quo of energy research in South Africa. The findings indicate that there is a long run relationship between electricity consumption and price as well as economic growth/income. The last few years in South Africa, price elasticity was rarely taken into account because of the low and decreasing prices in the past. The short-run dynamics of the system are affected by population growth, too After the energy crisis, Eskom, the national electricity supplier, is in search for substantial funding in order to build new power plants that will help with the envisaged lack of capacity that the company experienced. By using two scenarios for the future of growth, this study shows that the electricity demand will drop substantially due to the price policies agreed - until now - by Eskom and the National Energy Regulator South Africa (NERSA) that will affect the demand for some years. (author)

  20. Aggregate electricity demand in South Africa: Conditional forecasts to 2030

    Energy Technology Data Exchange (ETDEWEB)

    Inglesi, Roula [Department of Economics, Faculty of Economic and Management Sciences, University of Pretoria, Main Campus, Pretoria 0002 (South Africa)

    2010-01-15

    In 2008, South Africa experienced a severe electricity crisis. Domestic and industrial electricity users had to suffer from black outs all over the country. It is argued that partially the reason was the lack of research on energy, locally. However, Eskom argues that the lack of capacity can only be solved by building new power plants. The objective of this study is to specify the variables that explain the electricity demand in South Africa and to forecast electricity demand by creating a model using the Engle-Granger methodology for co-integration and Error Correction models. By producing reliable results, this study will make a significant contribution that will improve the status quo of energy research in South Africa. The findings indicate that there is a long run relationship between electricity consumption and price as well as economic growth/income. The last few years in South Africa, price elasticity was rarely taken into account because of the low and decreasing prices in the past. The short-run dynamics of the system are affected by population growth, too After the energy crisis, Eskom, the national electricity supplier, is in search for substantial funding in order to build new power plants that will help with the envisaged lack of capacity that the company experienced. By using two scenarios for the future of growth, this study shows that the electricity demand will drop substantially due to the price policies agreed - until now - by Eskom and the National Energy Regulator South Africa (NERSA) that will affect the demand for some years. (author)

  1. How job demands, resources, and burnout predict objective performance: a constructive replication.

    Science.gov (United States)

    Bakker, Arnold B; Van Emmerik, Hetty; Van Riet, Pim

    2008-07-01

    The present study uses the Job Demands-Resources model (Bakker & Demerouti, 2007) to examine how job characteristics and burnout (exhaustion and cynicism) contribute to explaining variance in objective team performance. A central assumption in the model is that working characteristics evoke two psychologically different processes. In the first process, job demands lead to constant psychological overtaxing and in the long run to exhaustion. In the second process, a lack of job resources precludes actual goal accomplishment, leading to cynicism. In the present study these two processes were used to predict objective team performance. A total of 176 employees from a temporary employment agency completed questionnaires on job characteristics and burnout. These self-reports were linked to information from the company's management information system about teams' (N=71) objective sales performance (actual sales divided by the stated objectives) during the 3 months after the questionnaire data collection period. The results of structural equation modeling analyses did not support the hypothesis that exhaustion mediates the relationship between job demands and performance, but confirmed that cynicism mediates the relationship between job resources and performance suggesting that work conditions influence performance particularly through the attitudinal component of burnout.

  2. Main Determinants of Supplementary Health Insurance Demand: (Case of Iran)

    Science.gov (United States)

    Motlagh, Soraya Nouraei; Gorji, Hassan Abolghasem; Mahdavi, Ghadir; Ghaderi, Hossein

    2015-01-01

    Introduction: In the majority of developing countries, the volume of medical insurance services, provided by social insurance organizations is inadequate. Thus, supplementary medical insurance is proposed as a means to address inadequacy of medical insurance. Accordingly, in this article, we attempted to provide the context for expansion of this important branch of insurance through identification of essential factors affecting demand for supplementary medical insurance. Method: In this study, two methods were used to identify essential factors affecting choice of supplementary medical insurance including Classification and Regression Trees (CART) and Bayesian logit. To this end, Excel® software was used to refine data and R® software for estimation. The present study was conducted during 2012, covering all provinces in Iran. Sample size included 18,541 urban households, selected by Statistical Center of Iran using 3-stage cluster sampling approach. In this study, all data required were collected from the Statistical Center of Iran. Results: In 2012, an overall 8.04% of the Iranian population benefited from supplementary medical insurance. Demand for supplementary insurance is a concave function of age of the household head, and peaks in middle-age when savings and income are highest. The present study results showed greater likelihood of demand for supplementary medical insurance in households with better economic status, higher educated heads, female heads, and smaller households with greater expected medical expenses, and household income is the most important factor affecting demand for supplementary medical insurance. Conclusion: Since demand for supplementary medical insurance is hugely influenced by households’ economic status, policy-makers in the health sector should devise measures to improve households’ economic or financial access to supplementary insurance services, by identifying households in the lower economic deciles, and increasing their

  3. Diagnostic and proposal for use of safety inventory into finished products for a plastics company

    Directory of Open Access Journals (Sweden)

    Elpidio Oscar Benitez Nara

    2013-02-01

    Full Text Available The stock is essential for companies. Thinking about it, it is increasingly necessary to develop techniques that seek to reduce inventory levels making them suitable to the company structure and satisfactorily meet the needs of increasingly demanding customers while maintaining the service level. The safety stock is derived from various uncertainties such as shortage of raw materials and difficulties in producing variations in sales projections thus scaling of this safety stock is a most difficult task to perform. In this sense, the present study aims to demonstrate the Inventory Management structure acceptable to a company that seeks to reduce capital invested in stocks as well as a for continuous review reorder point. The research was developed through an analysis of the current policy Inventories of the company, where we sought the most representative products of the product line. For these products it was necessary future sales forecasts for the annual period where it was possible to scale according to company politic Inventories of the average stocks of these products in order to compare with the stocks of securities calculated using specific equations. Then, using the equations it was also defined the point of application of all the studied products was defined, as a model for continuous revision product line studied. Finally the proposed method for use of safety stock techniques showed good results as a reduction of approximately 43% of capital invested in safety stock if compared to current Inventories policy of the company.

  4. The impact of point-of-sale data in demand planning in the South African clothing retail industry

    Directory of Open Access Journals (Sweden)

    Douglas N. Raza

    2017-08-01

    Full Text Available Background: In modern days’ dynamic consumer markets, supply chains need to be value driven and consumer oriented. Demand planning allows supply chain members to focus on the consumer and create optimal value. In demand planning, Point-of-Sale (POS data are an essential input to the process thereof; however, literature suggests that POS-based demand planning is often overlooked by demand planners in practice. Objective: The main purpose of this study was to determine the extent to which South African clothing retailers use POS data in demand planning. Method: This study followed the grounded theory approach based on the collection of qualitative data. The data collected was analysed following the grounded theory analysis using codes that resulted in various categories which then developed into themes. Findings: Findings suggest that companies within the clothing retail industry make considerable use of POS data and is a fundamental input factor in the demand planning process. However, this study also found that POS data cannot be applied in the planning for all types of clothing products, and that there are variables other than POS data that form a critical part of the demand planning process. Conclusion: POS data plays a fundamental role is the demand planning process and should be accurately collected and used with other qualitative and quantitative factors as an input factor to the demand planning process. The role of POS data in demand planning is expected to grow as customers are becoming increasingly demanding concerning customer service levels.

  5. Physician-owned companies.

    Science.gov (United States)

    Kostuik, John P

    2007-05-15

    The author relates his experience in the development of a spinal implant development company (K2M) that is significantly advised by physicians. To provide information about the development of a spinal implant company (K2M) advised by a group of professional spinal surgeons. To relate the federal laws (STARK and anti-kickback) as they pertain to surgeon-influenced companies. To discuss the role of a scientific advisory board. A self-developed company was developed together with significant, but minority physician financial input and majority scientific advice. A privately owned spinal implant development corporation (K2M) was developed 3 years ago. Physician financial participation was less than 20% (Stark laws state no more than 40%). Users of product are greater than 60% non-investor physicians. The development of a large scientific advisory board has been very influential in product development. A privately owned spinal implant company (K2M) has been developed strictly within Federal laws. Its board of scientific advisors that receives recompense commissurate only with effort significantly impacts the company policy.

  6. THE ACCURACY OF DEMAND FORECAST MODELS AS A CRITICAL FACTOR IN THE FINANCIAL PERFORMANCE OF THE FOOD INDUSTRY

    Directory of Open Access Journals (Sweden)

    Cássia Rita Pereira Da Veiga

    2010-11-01

    Full Text Available Every organization needs to balance their production capacities with demand. The role of demand forecasting is to assist in the organization's strategic planning; this process allows administrators to anticipate the future and plot an appropriate course of action. On its own, however, a system of demand forecasting is not enough. It is the quality of information obtained by this system which enables the organization to achieve better operational planning. In this context, this paper presents case study research to: (a define the quantitative model to forecast demand with greater accuracy; and (b to verify the influence of accuracy in demand forecasting on financial performance. This is an ex-post facto descriptive inquiry with a time series in which we made use of historical data from five groups of products over the period 2004–2008. The results suggest that if a company employs the ARIMA model for groups A, B, and E; the Holt model for group D; and the Winter model for group C, revenues will increase by approximately $1,600,000 annually. Key-words: Accuracy. Demand forecasting. Financial performance. 

  7. Modeling and forecasting of electrical power demands for capacity planning

    Energy Technology Data Exchange (ETDEWEB)

    Al-Shobaki, Salman [Department of Industrial Engineering, Hashemite University, Zarka 13115 (Jordan); Mohsen, Mousa [Department of Mechanical Engineering, Hashemite University, Zarka 13115 (Jordan)

    2008-11-15

    This paper describes the development of forecasting models to predict future generation and electrical power consumption in Jordan. This is critical to production cost since power is generated by burning expensive imported oil. Currently, the National Electric Power Company (NEPCO) is using regression models that only accounts for trend dynamics in their planning of loads and demand levels. The models are simplistic and are based on generated energy historical levels. They produce results on yearly bases and do not account for monthly variability in demand levels. The paper presents two models, one based on the generated energy data and the other is based on the consumed energy data. The models account for trend, monthly seasonality, and cycle dynamics. Both models are compared to NEPCO's model and indicate that NEPCO is producing energy at levels higher than needed (5.25%) thus increasing the loss in generated energy. The developed models also show a 13% difference between the generated energy and the consumed energy that is lost due to transmission line and in-house consumption. (author)

  8. OPEC Middle East plans for rising world demand amid uncertainty

    International Nuclear Information System (INIS)

    Ismail, I.A.H.

    1996-01-01

    The Middle Eastern members of the Organization of Petroleum Exporting Countries must plan for huge increases in oil production capacity yet wonder whether markets for the new output will develop as expected. With worldwide oil consumption rising and non-OPEC output likely to reach its resource limits soon, OPEC member countries face major gains in demand for their crude oil. To meet the demand growth, those with untapped resources will have to invest heavily in production capacity. Most OPEC members with such resources are in the Middle East. But financing the capacity investments remains a challenge. Some OPEC members have opened up to foreign equity participation in production projects, and others may eventually do so as financial pressures grow. That means additions to the opportunities now available to international companies in the Middle East. Uncertainties, however, hamper planning and worry OPEC. Chief among them are taxation and environmental policies of consuming-nation governments. This paper reviews these concerns and provides data on production, pricing, capital investment histories and revenues

  9. Modeling and forecasting of electrical power demands for capacity planning

    International Nuclear Information System (INIS)

    Al-Shobaki, Salman; Mohsen, Mousa

    2008-01-01

    This paper describes the development of forecasting models to predict future generation and electrical power consumption in Jordan. This is critical to production cost since power is generated by burning expensive imported oil. Currently, the National Electric Power Company (NEPCO) is using regression models that only accounts for trend dynamics in their planning of loads and demand levels. The models are simplistic and are based on generated energy historical levels. They produce results on yearly bases and do not account for monthly variability in demand levels. The paper presents two models, one based on the generated energy data and the other is based on the consumed energy data. The models account for trend, monthly seasonality, and cycle dynamics. Both models are compared to NEPCO's model and indicate that NEPCO is producing energy at levels higher than needed (5.25%) thus increasing the loss in generated energy. The developed models also show a 13% difference between the generated energy and the consumed energy that is lost due to transmission line and in-house consumption

  10. Modelling Commodity Demands and Labour Supply with m-Demands

    OpenAIRE

    Browning, Martin

    1999-01-01

    In the empirical modelling of demands and labour supply we often lack data on a full set of goods. The usual response is to invoke separability assumptions. Here we present an alternative based on modelling demands as a function of prices and the quantity of a reference good rather than total expenditure. We term such demands m-demands. The advantage of this approach is that we make maximum use of the data to hand without invoking implausible separability assumptions. In the theory section qu...

  11. VULNERABILITY OF COMPANIES

    Directory of Open Access Journals (Sweden)

    ARMEAN ANDREEA

    2013-06-01

    Full Text Available In present, the study of vulnerability of companies is increasing in every field due to the unstable economic environment influences. The object of this research is to define and identify vulnerabilities of companies and the establishment of evaluation methods at their level. This article emphasizes the importance and usefulness of one of the best known model in this way, from our point of view, namely Băileşteanu, Negrila Pattern. This pattern covers both external factors and internal ones, that increase vulnerabilities of companies, and fit the companies in which the state of vulnerability are (vitality, viability, vulnerability, high vulnerability, difficulty and high difficulty, with a matrix. The result of the research is that any company belonging to any field, can be analyzed using this model, and assigned to one of the conditions defined within.

  12. The Danish East India Company

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    2005-01-01

    The article analysis the first Danish East India Company incorporated in 1616, which was the first Danish Stock Company and which has impacts even on modern Danish company la......The article analysis the first Danish East India Company incorporated in 1616, which was the first Danish Stock Company and which has impacts even on modern Danish company la...

  13. Company Portfolios Answer the Question: What Do You Know about My Company?

    Science.gov (United States)

    Watson, Michelle L.

    2001-01-01

    Job seekers can demonstrate their knowledge of a potential employer by developing a company portfolio. Elements include company history, mission, values, and goals; size and location(s); financial status; and recent changes in the company and industry. (SK)

  14. Should the Nabucco pipeline project be shelved?

    International Nuclear Information System (INIS)

    Barysch, K.

    2010-05-01

    It is easy to be pessimistic about the prospects of Nabucco, a pipeline designed to bring Caspian and possibly Middle Eastern gas to the EU. The financing is not yet secure, European gas demand is down, and the question of where Nabucco's gas will come from is open. Russia, meanwhile, is pushing hard for its rival South Stream pipeline. Nabucco would be good for the EU in various ways. It would make Central and East European countries a lot less dependent on Gazprom and increase the energy security of the EU as a whole. It could help reduce intra-EU divisions over Russia. It would underpin stronger ties between the EU and potential supplier countries such as Azerbaijan and Turkmenistan. It could help improve EU-Turkey relations. Many of the benefits that Nabucco would bring do not accrue to the companies that are trying to build it or the banks that lend the money for it. Therefore, the EU and its governments should back Nabucco more strongly, both politically and financially.

  15. Analysis on the Electric Power Supply - Demand Measures of Japan in 2011 Summer after Earthquake and Tsunami

    International Nuclear Information System (INIS)

    Lee, Y. E.; Chang, H. S.

    2011-01-01

    Only 12 of 54 nuclear reactors are in operation as of September 1, 2011 in the wake of the earthquake and tsunami in Japan. The share of nuclear power in the nation's installation capacity fell to about 14% in August from about 30% before March 11, 2011. Government or many of research institutes estimated that the power supply system in Japan would fall to the minus reserve margin, if the nuclear power stations could not be restarted as scheduled. However, the current situation of power supply system in Japan is less severe than expected before, because the power companies and public have engaged in various diligent efforts to boost supply capacity or reduce demand in response to the electric power crisis. This paper aims to analyze the how much Japan electric power supply system depends on the nuclear power, what kinds of countermeasures of electric power supply-demand are taken by electricity companies in summer time to avoid the blackouts and why the saving electricity in Japan could be possible unlike Korea. Insights from this paper would be taken into account in the long term energy planning, even though the further study in depth should be followed

  16. Demand-side management: The perspective of a combination utility

    International Nuclear Information System (INIS)

    Packard, C.P.

    1993-01-01

    During the 1980's, Baltimore Gas ampersand Electric (BG ampersand E) met part of the rapid growth in demand for electricity in its service territory by implementing cost-effective demand-side management (DSM) programs--specifically, peak shaving and load shifting strategies. BG ampersand E's focus in the 1990's has been expanded to include all DSM options with an increasing emphasis on those which promote overall 1 energy efficiency or strategic conservation. This change in focus is being driven by Federal legislation, state regulatory requirements and the perceived potential benefits for both the customer and the Company. Current activities related to DSM include involvement in a Collaborative Process to design cost-effective electric and gas conservation programs for all customer classes--low-income, residential, commercial and industrial. Program design consists of four steps: (1) data gathering and technology assessment; (2) development of program concepts; (3) detailed program design and (4) monitoring and evaluation. Significant reductions in the projected peaks as well as in sales in future years are the anticipated results of our efforts. As a combination utility, unique opportunities and challenges face BG ampersand E: fuel switching, eligibility of non-full requirements customers, and energy options for customers

  17. Regulating Listed Companies: Between Company Law and Financial Market Law in Danish Law

    DEFF Research Database (Denmark)

    Clausen, Nis Jul

    2011-01-01

    The article discusses different elements and aspects of the regulation of listed companies in particular whether such regulation should be placed in company law or in financial marked law.......The article discusses different elements and aspects of the regulation of listed companies in particular whether such regulation should be placed in company law or in financial marked law....

  18. Second quarter trims earnings gain of OGJ group of U.S. oil companies

    International Nuclear Information System (INIS)

    Beck, R.J.; Biggs, J.B.

    1991-01-01

    This paper reports that first half of 1991 profits for the Oil and Gas Journal group of 22 large U.S. oil companies totaled $10,553 billion, down a scant 0.1% from the same period the year before. However, second quarter profits were down sharply, dipping to $3.656 billion or 27.4% below the second quarter of 1990. This is in sharp contrast with first quarter profits, which totaled $6.897 billion and were up 24.8% from the same period of 1990. First half individuals results were widely diverse, with seven companies showing profit improvements from last year and 15 companies a decline. Only one, Murphy Oil Co., posted a loss in the first half. Six companies showed profit gains of more than 20% and 11 posted declines greater than 20%. In the second quarter 16 of the group had lower earnings than they booked in the same period of 1990. Restructuring charges and gains, along with provisions for future environmental costs, continued to have a great deal of influence over year to year changes in profits. Chemical earnings were down for the 6 months and in the second quarter for most companies. U.S. refining and marketing earnings were mixed but generally lower for both periods. Due to an economic recession product demand was down in the first half of this year. Non-U.S. refining and marketing profits were up for the first half, but the gain stemmed from improved margins in the first quarter

  19. Global Canucks : from the jungles of South America to Australia's outback, Canadian companies are wildcatting under the fluttering Maple Leaf

    Energy Technology Data Exchange (ETDEWEB)

    Stastny, R.P.

    2010-10-15

    This article described the how the Canadian company Gran Tierra Energy has expanded its operations to Australia and Colombia in South America. The companies 3 main criteria for judging its overseas projects include good geology, good fiscal terms and stable government policies. As a petroleum geologist, the president of the company gained expertise while exploring for and producing oil in North Africa, in Southeast Asia, and in Alaska. The experience laid the foundation for the company's success overseas. The challenges associated with overseas work were discussed, with particular reference to environmental liability, Aboriginal issues and planning. Companies are drawn to overseas operations primarily because of an expectation to create more value per dollar invested, compared to domestic opportunities. International operators face complexities that demand understanding of everything from tricky tax laws, difficulties repatriating proceeds, and logistical and technical challenges of expropriation of assets. The rewards, however, include huge resource potential, fiscal incentives, market opportunities and joint venture opportunities. 5 figs.

  20. 77 FR 20882 - Manning Grain Company; Acquisition and Operation Exemption; Fillmore Western Railway Company

    Science.gov (United States)

    2012-04-06

    ... DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35612] Manning Grain Company; Acquisition and Operation Exemption; Fillmore Western Railway Company Manning Grain Company (MGC... Docket No. FD 35607, Manning Rail, Inc.--Acquisition and Operation Exemption--Manning Grain Company...

  1. MERGER ACCOUTING FOR COMPANIES

    Directory of Open Access Journals (Sweden)

    SUCIU GHEORGHE

    2014-05-01

    Full Text Available Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and must respect national and international regulations. One important request concerning the merger operations is that the accounting values of the assets, debts and ownership equity must be brought to the present financial value.

  2. The effects of demand uncertainty on strategic gaming in the merit-order electricity pool market

    Science.gov (United States)

    Frem, Bassam

    In a merit-order electricity pool market, generating companies (Gencos) game with their offered incremental cost to meet the electricity demand and earn bigger market shares and higher profits. However when the demand is treated as a random variable instead of as a known constant, these Genco gaming strategies become more complex. After a brief introduction of electricity markets and gaming, the effects of demand uncertainty on strategic gaming are studied in two parts: (1) Demand modelled as a discrete random variable (2) Demand modelled as a continuous random variable. In the first part, we proposed an algorithm, the discrete stochastic strategy (DSS) algorithm that generates a strategic set of offers from the perspective of the Gencos' profits. The DSS offers were tested and compared to the deterministic Nash equilibrium (NE) offers based on the predicted demand. This comparison, based on the expected Genco profits, showed the DSS to be a better strategy in a probabilistic sense than the deterministic NE. In the second part, we presented three gaming strategies: (1) Deterministic NE (2) No-Risk (3) Risk-Taking. The strategies were then tested and their profit performances were compared using two assessment tools: (a) Expected value and standard deviation (b) Inverse cumulative distribution. We concluded that despite yielding higher profit performance under the right conjectures, Risk-Taking strategies are very sensitive to incorrect conjectures on the competitors' gaming decisions. As such, despite its lower profit performance, the No-Risk strategy was deemed preferable.

  3. Global oil company profiles

    International Nuclear Information System (INIS)

    1997-01-01

    Global Oil Company Profiles provides a comprehensive review of 50 of the top oil companies in the world. Each chapter is devoted to an individual company, providing an invaluable insight into the organisation, its structure and operations. Using the most recent data available, the report offers an up-to-date analysis of performance and future direction, as well as a unique benchmarking system for each company profiled. (author)

  4. SAFER - Company Snapshot

    Data.gov (United States)

    Department of Transportation — The Company Snapshot is a concise electronic record of company identification, size, commodity information, and safety record, including the safety rating (if any),...

  5. Analysis of the demand status and forecast of food cold chain in Beijing

    Directory of Open Access Journals (Sweden)

    Hongjie Lan

    2013-03-01

    Full Text Available Purpose: Food cold chain is very important for ensuring food safety and decreasing the loss in the supply process. It is also benefit for the citizen, because cold chain could promise the food safety and the demand of the special cold food. Beijing, as the capital, the level of food chain is high, compared to other cities, and analysis of the demand status and forecast of food cold chain in Beijing is necessary, it could direct the scientific and health development of cold chain all over our country. Design/methodology/approach: In this paper, in accordance with the investigation, we analysis the demand status of food cold chain from two aspects, then according to the status, we forecast the demand of refrigerated cars and warehouse for food cold chain in Beijing with the multivariate statistics. Findings: From the analysis of the paper, we can see that the need of cold chain logistics grows rapidly, but most consumers are lack of the awareness of the importance of the cold chain and many companies cannot bear the huge investment, it make the gap of the resources of cold chain logistics large and cannot meet the normal need of cold chain logistics in Beijing. Originality/value: The result of this paper could support the relative enterprise to run business in terms of the refrigerated car and warehouse. 

  6. Robust Optimization on Regional WCO-for-Biodiesel Supply Chain under Supply and Demand Uncertainties

    Directory of Open Access Journals (Sweden)

    Yong Zhang

    2016-01-01

    Full Text Available This paper aims to design a robust waste cooking oil- (WCO- for-biodiesel supply chain under WCO supply and price as well as biodiesel demand and price uncertainties, so as to improve biorefineries’ ability to cope with the poor environment. A regional supply chain is firstly introduced based on the biggest WCO-for-biodiesel company in Changzhou, Jiangsu province, and it comprises three components: WCO supplier, biorefinery, and demand zone. And then a robust mixed integer linear model with multiple objectives (economic, environmental, and social objectives is proposed for both biorefinery location and transportation plans. After that, a heuristic algorithm based on genetic algorithm is proposed to solve this model. Finally, the 27 cities in Yangtze River delta are adopted to verify the proposed models and methods, and the sustainability and robustness of biodiesel supply are discussed.

  7. Why commercial customers are SIC of DSM [demand-side management] marketing

    International Nuclear Information System (INIS)

    Lewis, L.E.

    1990-01-01

    Studies have shown that the success of demand management programs, which have demonstrated economic benefits, depends on the level of customer participation. In order to have a better understanding of the decisionmaking process of commercial customers with respect to demand management programs, a study was undertaken to determine the preferences and the behavior of this class of clientele. This clientele, whose power consumption has been increasing at a faster rate than that of other sectors, represents a vast range of enterprises producing and supplying all kinds of products. Many of them operate from numerous geographic points on local, regional, national, and even world scales and are generally hierarchically organized. Because of these characteristics, their decisionmaking processes and their needs are equally complex, more so than in the residential sector. A multidimensional approach has been adopted to ensure that their needs are determined according to a quantitative and qualitative research method. The conclusions of the quantitative research have demonstrated that the frameworks representing different organizations respond differently to questions on their needs. It is also noted that certain commercial enterprises are of a cohesive nature (i.e. there is a consistency in understanding of corporate strategic and operational requirements at all hierarchical levels), while others are more diffuse. Those responsible for marketing demand management programs therefore must improve their understanding of the strategic and operational needs of their commercial customers in order to make their demand management programs productive in the view of the appropriate personnel at the hierarchical level applicable to the company concerned

  8. Technological innovation and sustainable development: The experience of Italian companies; Innovazione tecnologica e sviluppo sostenibile: le esperienze delle imprese italiane

    Energy Technology Data Exchange (ETDEWEB)

    Malaman, R. [Istituto per la Ricerca Sociale, Milan (Italy)]|[Fondazione Eni Enrico Mattei, Milan (Italy)

    1995-12-01

    Nearly 200 case studies of cleaner innovation technologies developed or adopted by Italian companies have been analysed after the building of an appropriate database. The article summarises the results of this analysis. Initially, the concept of cleaner technologies is introduced, and theoretical aspects related to generation and diffusion of cleaner technologies are discussed, including obstacles to the development, technological opportunities, market demand and appropriate conditions. Then, some features of cleaner innovative technologies are analysed from the database: localisation, size and sectorial distribution of innovative companies. evolutive stage of companies behaviour, the role of environmental policy, the capabilities of the national innovative system, the distribution of change technologies according to Pavitt`s tassonomy. The final paragraph includes some reflection on the use of innovation policy to promote cleaner innovative technologies.

  9. The Joint NEA/IAEA Uranium Group -- its role in assessing world uranium resources, production, demand and environmental activities and issues

    International Nuclear Information System (INIS)

    Barthel, F.H.; Vera, I.

    2002-01-01

    In 1965 a 20-page report entitled World Uranium and Thorium Resources was published by the OECD-European Nuclear Energy Agency. Today, 35 years later, the report is jointly prepared by the OECD/Nuclear Energy Agency and the IAEA and published by the OECD. The report: Uranium Resources, Production and Demand also known as the Red Book is in its 18th edition. It is the only official publication on world uranium statistics and provides information from 45 or more countries. One aim of the Red Book is to obtain a uniform, worldwide acceptable classification of uranium resources. The Red Book provides statistics and analyses for resources, exploration, production, demand, secondary sources, surplus defence material and the supply and demand relationship. The sales records indicate that it is used as reference material for various purposes including public and private libraries, energy companies, uranium production companies, national and international organisation, universities and other research and business institutions. In 1996 a study was started which led to the 1999 report: Environmental Activities in Uranium Mining and Milling, a companion to the Red Book. This complementary report provides information on the site characterization, dismantling and decommissioning, waste management, water remediation, long term monitoring policies and regulations for 29 countries. A second report entitled 'Environmental Remediation of Uranium Production Facilities' is being prepared. (author)

  10. Independent companies in the North Sea - exploration and operations opportunities

    International Nuclear Information System (INIS)

    Greentree, C.

    1992-01-01

    The North Sea was the launching pad for many independent oil companies, particularly through exploration success in the UK and the Netherlands. Norway has an excellent history of oil exploration but, for the independents, the onerous tax regime, long lead times, and terms of trade are simply not conducive to the higher rate of return demanded by shareholders of independent E and P companies in exchange for shouldering the heavy burden of risk. The UK in particular has pursued imaginative licensing, tax and legislative policies which have allowed the independents an opportunity to participate and grow. The attraction of the UK is clearly reflected by the constant arrival of new entrants, even at this stage of maturity. This was demonstrated in the recent round of license awards. Such has been the success of the independents in the UK that, beginning with virtually nothing, they now hold a net 28% of the UK North Sea acreage, and a net 25% of its oil reserves. Equally, the independents play an important role in ensuring the comprehensive exploration of the offshore areas. Because of size and significance, a prime objective of the independents will remain the early evaluation, through drilling, and development of offshore interests to generate a financial return. This paper addresses the question of how independent companies can expand in the North Sea when the size and quality of new range acreage available through new license awards is reducing. (author)

  11. 17 CFR 250.12 - Exemption of certain public utility companies from the definition of subsidiary companies of...

    Science.gov (United States)

    2010-04-01

    ... utility companies from the definition of subsidiary companies of holding companies. 250.12 Section 250.12... REGULATIONS, PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 Registration and General Exemptions § 250.12 Exemption of certain public utility companies from the definition of subsidiary companies of holding companies...

  12. Section 1: Company directory

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    This is a 1992 directory of those companies doing business in all areas of the independent power producers industry. The listing includes the company name, address, telephone and FAX numbers, and the name of a company contact. The listing is international in scope

  13. Global gas company profiles

    International Nuclear Information System (INIS)

    1997-01-01

    This report provides a detailed assessment of 60 of the top gas companies form around the world, analysing them according to their internal dynamics and in relation to their competitors. It devotes each chapter to an individual company, providing invaluable insight into the organisation's operational background, financial performance and strategic goals. Using the most up-to-date information available, Global Gas Company Profiles allows you to make detailed analysis of each company's performance and future direction. (author)

  14. Understanding energy consumption behaviors in order to adapt demand response measures

    Energy Technology Data Exchange (ETDEWEB)

    Vassileva, Iana; Wallin, Fredrik; Dahlquist, Erik [Malardalen University (Sweden)], email: iana.vassileva@mdh.se, email: fredrik.wallin@mdh.se, email: erik.dahlquist@mdh.se

    2011-07-01

    When new price strategies and other demand-response measures are being established, it is important that amounts of electricity consumed and the potential for consumer participation be given serious consideration. It is important to encourage consumers to use less electricity if sustainable use of energy is to be achieved. Demand-response is a key component of the smart grids concept. So it is vital to get a comprehensive understanding of how different processes and factors influence the end use of energy. This paper presents an in-depth analysis of questionnaire responses from 2000 households in Vaxjo, Sweden. It sheds new light on the energy consumption behaviors of Swedish householders. Since 2008 Vaxjo householder customers have been able to check their own daily electricity consumption and get advice and tips, via a website provided by the local energy company, on how to lower the use of electricity. At the present time, of those responding to the questionnaire, this website is visited more frequently by people who live in houses than in apartments.

  15. Are Entrepreneur-Led Companies Better? Evidence from Publicly Traded U.S. Companies: 1998-2010

    Directory of Open Access Journals (Sweden)

    Joel M. Shulman

    2010-12-01

    Full Text Available Do U.S. publicly-traded companies led by entrepreneurs perform better than nonentrepreneur-led U.S. public companies? Our data suggests they do. We analyze monthly stock returns of U.S. publicly traded companies over the time period 1998-2010 and find compelling evidence demonstrating that irrespective of market capitalization and time period, companies led by U.S. entrepreneurs provide better stock performance than several stock market indices primarily comprised of non-entrepreneur-led U.S. companies.

  16. Born global companies: A case study about the internationalization behaviours of Portuguese companies

    OpenAIRE

    Carlos, Diogo Miguel Pais Grou Simões

    2015-01-01

    Portuguese Born Global Companies have been performing an important role in the Portuguese market, mainly due to their innovative ideas and the positive contribution to exportations. This study focuses on the international strategies of four of these companies, comparing them with four international Non-Born Global Companies, in qualitative analysis. It will be possible to see a preference by the Non-Born Global Companies over proximate cultural countries. By following opportunities instead...

  17. Innovation and Demand

    DEFF Research Database (Denmark)

    Andersen, Esben Sloth

    2007-01-01

    the demand-side of markets in the simplest possible way. This strategy has allowed a gradual increase in the sophistication of supply-side aspects of economic evolution, but the one-sided focus on supply is facing diminishing returns. Therefore, demand-side aspects of economic evolution have in recent years...... received increased attention. The present paper argues that the new emphasis on demand-side factors is quite crucial for a deepened understanding of economic evolution. The major reasons are the following: First, demand represents the core force of selection that gives direction to the evolutionary process....... Second, firms' innovative activities relate, directly or indirectly, to the structure of expected and actual demand. Third, the demand side represents the most obvious way of turning to the much-needed analysis of macro-evolutionary change of the economic system....

  18. The Study on Global Oil and Gas Supply and Demand undertaken by the National Petroleum Council

    Energy Technology Data Exchange (ETDEWEB)

    Slutz, James

    2007-07-01

    The National Petroleum Council (NPC) Study on Global Oil and Gas is one of the most comprehensive studies on global oil and gas supply and demand projections ever undertaken to date. This study comprises approximately 250 experts from industry, government, research institutions, academia, energy ministries from around the world, national oil companies, and non-government organizations. The NPC study team has collected and analyzed global data on supply and demand trends through the year 2030. While other studies have examined the economic, environmental, security and geo-policy implications of the oil and gas supply and demand picture, this study examines all three political priorities simultaneously. The multi-dimensional foundations of the policy recommendations, and the diverse expertise of study group members, results in findings which are truly unique, and separate this study from numerous previous studies on global oil and gas supply and demand. Although key findings and policy recommendations will not be released prior to the study's release in June of 2007, the following paper provides the scope of work and the detailed project plan that will result in an energy outlook that is differentiated from all recent studies.

  19. Logistics competencies of polish companies as a factor of development of virtual supply chains

    Directory of Open Access Journals (Sweden)

    2010-03-01

    Full Text Available Problems of virtual organizations have not been well elaborated yet. There are many different concepts in that area. The concept of virtual organization can be formulated on the basis of its characteristic features. Generally, the following features have been indicated: temporary character, focusing on customers, geographical dispersion, intensive use of computer technologies, network organization and use of core competencies of the members. An example of virtual organization could be found in, so called, virtual supply chain, which demonstrates high degree of flexibility and is capable of easy adjustment to dynamic markets. Advanced logistics competencies of companies functioning in that supply chain and their ability to integrate closely with suppliers and customers become the basis of virtual supply chains operations. This paper presents the results of research in the group of Polish companies. As the result of the research more specific picture of the abilities of companies for their operation in virtual (extra-flexible supply chains has been presented. From the point of view of the use of alternative tools for logistics management, logistics providers seem to be the group of firms being the most opened for cooperation. It results directly from the profile of their market operations. Finally, a conclusion might be drawn that a growth of flexibility of virtual supply chains demands more profound specialization of companies constituting links of those chains.

  20. OPTIMAL PRODUCTION–SALES STRATEGIES FOR A COMPANY AT CHANGING MARKET PRICE

    Directory of Open Access Journals (Sweden)

    ELLINA V. GRIGORIEVA

    2015-01-01

    Full Text Available In this paper we consider a monopoly producing a consumer good of high demand. Its market price depends on the volume of the produced goods described by the Cobb-Douglas production function. A production-sales activity of the firm is modeled by a nonlinear differential equation with two bounded controls: the share of the profit obtained from sales that the company reinvests into expanding own production, and the amount of short-term loans taken from a bank for the same purpose. The problem of maximizing discounted total profit on a given time interval is stated and solved. In order to find the optimal production and sales strategies for the company, the Pontryagin maximum principle is used. In order to investigate the arising two-point boundary value problem for the maximum principle, an analysis of the corresponding Hamiltonian system is applied. Based on a qualitative analysis of this system, we found that depending on the initial conditions and parameters of the model, both, singular and bang- bang controls can be optimal. Economic analysis of the optimal solutions is discussed.

  1. Mackenzie Valley Pipeline market demand, supply, and infrastructure analysis : final report

    International Nuclear Information System (INIS)

    2004-01-01

    Mackenzie Valley Pipeline Co-Venturers is a consortium of petroleum companies proposing to construct a 1,400 km long, large-diameter, high-pressure natural gas transmission pipeline from the northwestern edge of the Northwest Territories to the Alberta-Northwest Territories border. The Mackenzie Valley Pipeline will bring natural gas from the Mackenzie Delta region to markets in Alberta, central and eastern Canada and the United States. Navigant Consulting Ltd. prepared this assessment of the long-term market need for natural gas produced from the Mackenzie Delta. It presents an analysis of gas demand, supply and infrastructure. Three sensitivity cases were examined, incorporating different assumptions about the initial capacity of the pipeline, potential expansion of its capacity and different levels of gas demand in Canada and the United States. The report indicates that gas markets in North America support construction of the proposed 34 million cubic metre per day pipeline in the 2009 timeframe, with possible expansion in 2015 and 2020. It also indicates that there will be enough capacity on the intra-Alberta gas transmission system to accommodate the projected deliveries of Mackenzie Delta gas. The increase in gas demand is due to an increase in residential and commercial gas consumption, electric power generation and the energy intensive bitumen extraction and processing activities in the Alberta oil sands industry. 36 tabs., 56 figs

  2. Estratégia em negócios internacionais: evidência em uma trading company que atua entre economias emergentes International business strategy: evidence from a trading company that operates in emerging economies

    Directory of Open Access Journals (Sweden)

    Karim Marini Thomé

    2013-04-01

    economias emergentes foi identificado como a capacidade da firma em gerenciar as interfaces entre os recursos e capacidades da firma, as demandas de competitividade industrial e as condições e transições institucionais. Esta capacidade possibilitou à firma estudada se sobressair à dificuldade e a explorar oportunidades de negócios em diferentes partes do globo.This case study revisits the questions raised by Peng (2004; 2003 with respect to what drives firm strategy and the determinants of success or failure in international business. Specifically, the study investigates what drives the strategy of a trading company and determines its success in international business. The theoretical framework focuses on trading companies and the triangular relationships between these companies, their clients and their suppliers and on three approaches or bases of strategy in international business, those of industrial competitiveness, firm resources and capabilities, and institutional contexts and transitions. The study, descriptive and qualitative in nature, collected data by means of in-depth interviews, document analysis and non-participant observation during the period from July, 2010 to January, 2011. The firm selected for study is a trading company conducting a large percentage of its total transactions between emerging economies. Results demonstrate that there is no single driver of this trading company strategy. Rather, there was evidence of the use of a variety of strategies, driven at times by the demands of industrial competitiveness, at times by firm resources and capabilities, and at times by institutional conditions. Each driver corresponded to a specific moment in the trajectory of the trading company studied. In addition, there was no evidence neither of a linear chronological order for these drivers, nor of driver obsolescence. On the contrary, the evidence of the study suggests that drivers are cumulative and cyclical, requiring review and even re-thinking when

  3. 75 FR 36153 - Surety Companies Acceptable on Federal Bonds-Terminations: Victore Insurance Company

    Science.gov (United States)

    2010-06-24

    ... from this company, and bonds that are continuous in nature should not be renewed. The Circular may be... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Terminations: Victore Insurance Company AGENCY: Financial Management Service, Fiscal Service, Department of the...

  4. Critical success factors for mutual collaboration with suppliers in IT outsourcing industry: a case study of a top IT outsourcing company in Korea

    Science.gov (United States)

    Cha, Kyung-Jin; Kim, Yang Sok

    2018-01-01

    Nowadays, information technology (IT) outsourcing companies face enduring demands to reduce cost while increasing productivity. This pressure leads many IT outsourcing companies to rely on outsourcing arrangements with IT personnel suppliers. In order to maximise efficiency, outsourcing companies have focused on fostering high-performing suppliers through improved collaboration and mutual relations. However, it is very difficult to advance to a long-term partnership using the existing outsourcing process because of insufficient collaboration between IT outsourcing companies and their suppliers. Based on collaboration perspective of supply chain management (SCM), this study identifies the critical success factors for collaborative strategic partnerships and presents an evaluation framework for assessing and managing suppliers. We have developed an organisational process model for Supplier relationship management (SRM)-based collaboration which includes some of the key constructs from the previous studies and interviews with the IT outsourcing industry people. In this study, we will identify four types of strategic suppliers and suggest approaches for improving collaborative relationship between an IT outsourcing company and its partner companies. In addition, to validate the feasibility of the proposed model, we applied it to a well-known Korean IT outsourcing company 'A'.

  5. Company environmental communication

    International Nuclear Information System (INIS)

    Andriola, L.; Luciani, R.; Borghini, S.

    2001-01-01

    Environmental communication is becoming a sine qua non for companies which are more and more pressed by the need to reinforce communication with interested parties: environmental groups, local communities, local and national authorities, employees, share-holders, banks, insurance companies, customers and consumers. Reliable environmental information, just like economical and property data, is now required during both company take-over and financing, and in some cases it can affect insurance premiums. In fact, environmental guarantees are more and more often required because breaching environmental regulations can entail legal sanctions going as far as suspension of business. There now also Green investment funds that engage their resources only against specific environmental guarantees on the part of the companies that, before being selected for the investment, are submitted to rather accurate questionnaires by the investment manager [it

  6. Restoration and revitalization of areas of the Severoceske doly a.s. Chomutov company damaged by mining activities

    Energy Technology Data Exchange (ETDEWEB)

    Ondracek, V.; Brabenec, J. [North Bohemian Mines, Chomutov (Czech Republic); Rehor, M. [Brown Coal Research Inst., Most (Czech Republic)

    2010-07-01

    Brown coal is of significant importance as a raw material to the Czech Republic as a result of increasing energy demands. It is the primary fossil fuel of homes in the Czech Republic, without which it would become fully dependent on energy source imports. Founded in 1994, the Severoceske doly a.s. company is the greatest mining company of the Czech Republic. The Severoceske doly, a.s. Chomutov joint stock company mining is drawn up in open pit mines and uses continual technology with excavators, long distance conveyers, and stackers. Large area external and internal dumps remain after the final stages of mining and quarrying. This paper summarized the basic facts about Severoceske doly a.s mining company, with particular reference to revitalization and restoration activities. The paper focused on restoration efforts in the Bilina Mines localities and Nastup Tusimice Mines, and on modern restoration methodology, and the application of research and science. It was concluded that a solution can be found that would fundamentally limit negative impacts to the landscape of brown coal areas using knowledge of rock characteristics relocated by mining and all the relationships in the area's surroundings. 4 refs., 2 tabs., 2 figs.

  7. International company restructuring and the effects on high-skilled employees in lead companies

    DEFF Research Database (Denmark)

    Hansen, Nana Wesley

    2016-01-01

    insulated from international restructuring processes. However, effects on wage and working conditions vary dependent on the motivation for restructuring, and as companies learn to take advantage of pools of skilled employees abroad. Continued international restructuring appear to challenge the insulation......International company restructuring involving knowledge intensive jobs causes increasing concern about the effect on the globalization of high-skilled employees. Drawing on case studies in four Danish-based companies, this article argues that high-skilled employees in lead companies are rarely...... of high-skilled workers over time. Further, the article shows that knowledge intensive Companies increasingly apply relational global value chain governance with multidirectional consequences for wage and working conditions among the high-skilled employees....

  8. Tobacco companies' efforts to undermine ingredient disclosure: the Massachusetts benchmark study.

    Science.gov (United States)

    Velicer, Clayton; Aguinaga-Bialous, Stella; Glantz, Stanton

    2016-09-01

    To assess the 'Massachusetts Benchmark Study' (MBS) that the tobacco companies presented to the Massachusetts Department of Public Health (MDPH) in 1999 in response to ingredient disclosure regulations in the state. This case study can inform future ingredient disclosure regulations, including implementation of Articles 9 and 10 of the WHO Framework Convention on Tobacco Control (FCTC). We analysed documents available at http://legacy.library.ucsf.edu to identify internal communications regarding the design and execution of the MBS and internal studies on the relationship between tar, nicotine and carbon monoxide and smoke constituents and reviewed publications that further evaluated data published as part of the MBS. The companies conducted extensive studies of cigarette design factors and ingredients that significantly impacted the levels of constituents. While this study asserted that by-brand emissions could be estimated reliably from published tar, nicotine, and carbon monoxide levels, the tobacco companies were well aware that factors beyond tar, nicotine and carbon monoxide influenced levels of constituents included in the study. This severely limited the potential usefulness of the MBS predictor equations. Despite promises to provide data that would allow regulators to predict constituent data for all brands on the market, the final MBS results offered no useful predictive information to inform regulators, the scientific community or consumers. When implementing FCTC Articles 9 and 10, regulatory agencies should demand detailed by-brand information on tobacco product constituents and toxin deliveries to users. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/

  9. 76 FR 30397 - Faribault Woolen Mill Company, Faribault, MN; Faribo Woolens, Inc., a Related Company of...

    Science.gov (United States)

    2011-05-25

    ... Woolen Mill Company, Faribault, MN; Faribo Woolens, Inc., a Related Company of Faribault Woolen Mill... December 9, 2009, applicable to workers of Faribault Woolen Mill Company, Faribault, Minnesota. The notice... Mill Company, a retail outlet store for the subject firm, Faribault Woolen Mill Company. Accordingly...

  10. Critical Evaluation of Environmental, Social and Governance Disclosures of Malaysian Property and Construction Companies

    Directory of Open Access Journals (Sweden)

    Renard Yung Jhien Siew

    2017-06-01

    Full Text Available There is an increasing demand from stakeholders for higher transparency on environmental, social and governance (ESG disclosures. Yet not much is known about the state of sustainability reporting in Malaysia especially in the property and construction industry. This paper aims to fill this gap accordingly. Content analysis of corporate websites, sustainability and annual reports was adopted as the main methodology in this study. Findings show that corporate governance indicators are most reported by Malaysian construction companies compared to other environmental or social indicators. It was also found that details on actual health and safety performance of these companies and the initiatives implemented were largely absent from their reporting. Given the increasing number of rating tools in the capital markets which serve to rank and file companies based on their sustainability disclosures and performance such as the Dow Jones Sustainability Index (DJSI and FTSE4Good Index, it is questionable as to how reliable this can be done for the Malaysian property and construction market. The paper will be useful to construction management practitioners and ESG analysts with a focus on Asian markets.

  11. American Consumer’s Attitudes towards Different Airline Companies Channels: A Comparison of transaction Methods

    Directory of Open Access Journals (Sweden)

    Talha Harcar

    2012-03-01

    Full Text Available Consumers are increasingly challenging better performance from companies, and these demands are being met through improvements in technology and flexibility of services. As a result of recent progresses and developments in electronic marketing, the physical locations of brick and mortar businesses have become less significant since transactions can now be accomplished in cyberspace. In this paper, consumer attitudes towards online transactions for the airline industry are examined. Despite the growing acceptance of alternative delivery channels, the travel agencies remain an essential part of the customer-airline company. It can be argued that the travel agencies not only represent an opportunity for implementing costumer relationship, but they also remain an important point of contact for sales, service, and consultative interactions. Data has been analyzed using factor analysis technique. The study presents a broad picture of the level of preference of airline customers among the available distribution channels and sheds light on how airline companies should allocate resources among the different channels. The empirical study findings indicate that online transactions for the airline industry will gain in importance and its use will accelerate at a faster rate in the coming years.

  12. Men and their land. The mining sites of the Mokta French Company in Lozere

    International Nuclear Information System (INIS)

    1994-09-01

    This booklet summarizes the history of the mining activity in the Lozere district (France) devoted to the extraction of uranium ores. This activity started in 1957 with the open cast exploitation of the Cellier deposit which lasted 35 years and produced 4200 t of uranium from 5800000 t of ore. The exploitation was performed by the French Company of Uranium Ores (CFMU). The uranium crisis started in 1962 and led to an increase of prospecting activities. The crisis ended with the first oil crack in 1973 and the uranium demand and prices grew up until 1979 when the Three Mile Island reactor accident occurred. The second crisis that followed led to the development of new recovery processes such as the heap lixiviation process. In 1980, the CFMU became the French Company of Mokta (CFM) and in 1986, the CFM became a 100% daughter company of the Cogema group. The exploitation of the Bondons mine ended in 1989 and the program of site rehabilitation started. The document focusses on the environmental aspects of this program, the reforestation, the drainage of surface waters and the control of water quality. (J.S.)

  13. Company Vision and Organizational Learning

    Directory of Open Access Journals (Sweden)

    Vojko Toman

    2015-11-01

    Full Text Available The effectiveness of a company is largely dependent on the company itself; it depends above all on its corporate governance, management, and implementation, as well as on decision-making processes and coordination. Many authors believe that organizational learning and knowledge are the most relevant aspects of company effectiveness. If a company wants to be effective it needs to create and realize its vision; to do this, it needs creativity, imagination, and knowledge, which can be obtained or enhanced through learning. This paper defines vision, learning, creativity and management and, above all, their relationships. The author argues that company vision influences the learning and knowledge of employees in the company through the vision’s content, through the vision-creating process, and through the vision enforcement process. Conversely, the influence of learning on company vision is explained. The paper is aimed at the use in the practice of companies and helps them to increase their effectiveness.

  14. Evaluation of the demanded physical effort and posture of workers in forest nursery activity

    Directory of Open Access Journals (Sweden)

    Eduardo da Silva Lopes

    2011-12-01

    Full Text Available The objective of this research was to evaluate the physical effort demanded and the posture of the workers in forest nursery activities and to propose an ergonomic reorganization to improve the security and health levels of workers. The study was carried out with workers of a forestry company located in Parana State, Brazil. The physical effort demanded was evaluation with in a survery of the workers cardiac frequency in different stages of the work using a Polar monitor from Finlandia and work classified in categories as proposed by Apud (1997. To evaluation posture the workers were filmed during the performance of his activities and the data submitted to the software WinOwas of analysis of postures. The results indicated that the work stages considered of higher physical exigency were the substrate preparation and transport of seedlings in polythene bags to vegetation home with cardiac frequency of 120 and 115 bpm and cardiovascular load of 42% and 37%, respectively, with the activities classified as average heavy. The critical posture to workers was at removal substrate in concrete-mixer, due an overload of lumbar column. The seedling production activity showed the necessity of the correction at posture of the workers because in 97% of the total time they stand with the lumbar column curved. It is possible to conclude that the forestry company should take preventive measures to avoid backaches, using educational strategies or changing the operational system.

  15. Oil Companies Climb Global List

    Institute of Scientific and Technical Information of China (English)

    JESSY ZHANG

    2006-01-01

    @@ Backed by the huge market size,China's energy companies have been ranked in the group of the world's largest industry players. On September 6th,eight companies from the Chinese mainland and six companies from Hong Kong SAR were included in this year's Platts Top 250 Energy Companies List.

  16. Energy conservation and oil substitution at a dairy company

    Energy Technology Data Exchange (ETDEWEB)

    1983-10-01

    Energy consumption data at the Bay of Islands Co-Operative Dairy Company for the 1980-1981 season were collected and analyzed according to energy demand and supply. Although oil consumption had been significantly reduced in the last few years, it was still a disproportionately large item in the energy budget. Given the existing coal handling facilities it seemed feasible to completely eliminate the need for oil except as a standby fuel. The study examined various options and three measures were proposed to achieve this goal. These were: (1) addition of two effects to the main evaporator, (2) replacement of the oil-fired spray drying air heater with steam coils, and (3) installation of coal-fired low pressure hot water boilers and associated pipework.

  17. 78 FR 15053 - Simpson Lumber Company, LLC, Shelton, Washington; Simpson Lumber Company, LLC, Tacoma, Washington...

    Science.gov (United States)

    2013-03-08

    ...,372B] Simpson Lumber Company, LLC, Shelton, Washington; Simpson Lumber Company, LLC, Tacoma, Washington; Simpson Lumber Company, LLC, Longview, Washington; Notice of Revised Determination on Reconsideration On... Reconsideration for the workers and former workers of Simpson Lumber Company, LLC, Shelton, Washington (TA-W-81...

  18. The Role of Demand Resources In Regional Transmission Expansion Planning and Reliable Operations

    Energy Technology Data Exchange (ETDEWEB)

    Kirby, Brendan J [ORNL

    2006-07-01

    Investigating the role of demand resources in regional transmission planning has provided mixed results. On one hand there are only a few projects where demand response has been used as an explicit alternative to transmission enhancement. On the other hand there is a fair amount of demand response in the form of energy efficiency, peak reduction, emergency load shedding, and (recently) demand providing ancillary services. All of this demand response reduces the need for transmission enhancements. Demand response capability is typically (but not always) factored into transmission planning as a reduction in the load which must be served. In that sense demand response is utilized as an alternative to transmission expansion. Much more demand response is used (involuntarily) as load shedding under extreme conditions to prevent cascading blackouts. The amount of additional transmission and generation that would be required to provide the current level of reliability if load shedding were not available is difficult to imagine and would be impractical to build. In a very real sense demand response solutions are equitably treated in every region - when proposed, demand response projects are evaluated against existing reliability and economic criteria. The regional councils, RTOs, and ISOs identify needs. Others propose transmission, generation, or responsive load based solutions. Few demand response projects get included in transmission enhancement plans because few are proposed. But this is only part of the story. Several factors are responsible for the current very low use of demand response as a transmission enhancement alternative. First, while the generation, transmission, and load business sectors each deal with essentially the same amount of electric power, generation and transmission companies are explicitly in the electric power business but electricity is not the primary business focus of most loads. This changes the institutional focus of each sector. Second

  19. A SEQUENTIAL MODEL OF INNOVATION STRATEGY—COMPANY NON-FINANCIAL PERFORMANCE LINKS

    Directory of Open Access Journals (Sweden)

    Wakhid Slamet Ciptono

    2006-05-01

    Full Text Available This study extends the prior research (Zahra and Das 1993 by examining the association between a company’s innovation strategy and its non-financial performance in the upstream and downstream strategic business units (SBUs of oil and gas companies. The sequential model suggests a causal sequence among six dimensions of innovation strategy (leadership orientation, process innovation, product/service innovation, external innovation source, internal innovation source, and investment that may lead to higher company non-financial performance (productivity and operational reliability. The study distributed a questionnaire (by mail, e-mailed web system, and focus group discussion to three levels of managers (top, middle, and first-line of 49 oil and gas companies with 140 SBUs in Indonesia. These qualified samples fell into 47 upstream (supply-chain companies with 132 SBUs, and 2 downstream (demand-chain companies with 8 SBUs. A total of 1,332 individual usable questionnaires were returned thus qualified for analysis, representing an effective response rate of 50.19 percent. The researcher conducts structural equation modeling (SEM and hierarchical multiple regression analysis to assess the goodness-of-fit between the research models and the sample data and to test whether innovation strategy mediates the impact of leadership orientation on company non-financial performance. SEM reveals that the models have met goodness-of-fit criteria, thus the interpretation of the sequential models fits with the data. The results of SEM and hierarchical multiple regression: (1 support the importance of innovation strategy as a determinant of company non-financial performance, (2 suggest that the sequential model is appropriate for examining the relationships between six dimensions of innovation strategy and company non-financial performance, and (3 show that the sequential model provides additional insights into the indirect contribution of the individual

  20. PRACTICAL ASPECTS OF OSAI METHODOLOGY IN ASSESSING THE ORGANIZATIONAL CULTURE OF AN ENGINEERING COMPANY

    Directory of Open Access Journals (Sweden)

    Aleksandra Biletskaya

    2015-11-01

    Full Text Available This article is intended to generalize and highlight the practical application of certain science-based approaches to assessment of an engineering company’s organizational culture. The OSAI method application has enabled determining the type of the organizational culture existing within a company and the desirable type thereof, i.e. the one which would produce a positive effect on the competitive status of a company, as well as on the utilization of its human resources. This is important because an appropriate level of the organizational culture within a company would enhance the psychological climate within a company and would provide an opportunity for improving its performance. Methodology. In order to attain the goal of our research, it is necessary to diagnose the type of the organizational culture of some selected companies and draw a conclusion as to amendment of their organizational culture. In order to ensure the successful outcome of the corporate organizational culture diagnosing procedure, let us use the OSAI tool to determine the foundation of such culture. This organizational culture assessment tool helps to define the organizational culture which members of a company are to achieve in order to meet the demands and to respond to the dynamic changes in the business environment. The results showed that the assessment of organizational culture using the method made it possible to determine the OSAI required type of organizational culture on the test plants. Practical implications. Definition of recommendation type of organizational culture has enabled the leadership to change the style of his behavior and better motivate the labor collective. Pay attention to the existing problems and improve the psychological atmosphere in the team, as well as improve the efficiency of plant personnel. Value/originality. The data obtained for the four businesses lead to the conclusion that it is the method of evaluation the optimum procedure for

  1. Asian oil demand

    International Nuclear Information System (INIS)

    Fesharaki, F.

    2005-01-01

    This conference presentation examined global oil market development and the role of Asian demand. It discussed plateau change versus cyclical movement in the global oil market; supply and demand issues of OPEC and non-OPEC oil; if high oil prices reduce demand; and the Asian oil picture in the global context. Asian oil demand has accounted for about 50 per cent of the global incremental oil market growth. The presentation provided data charts in graphical format on global and Asia-Pacific incremental oil demand from 1990-2005; Asia oil demand growth for selected nations; real GDP growth in selected Asian countries; and, Asia-Pacific oil production and net import requirements. It also included charts in petroleum product demand for Asia-Pacific, China, India, Japan, and South Korea. Other data charts included key indicators for China's petroleum sector; China crude production and net oil import requirements; China's imports and the share of the Middle East; China's oil exports and imports; China's crude imports by source for 2004; China's imports of main oil products for 2004; India's refining capacity; India's product balance for net-imports and net-exports; and India's trade pattern of oil products. tabs., figs

  2. Managing companies in an open energy market

    International Nuclear Information System (INIS)

    Kaeser, A.

    2006-01-01

    This article presents a comparison of management methods in the electricity supply industry in Germany and Switzerland and of the measures that can be taken in order to meet the new regulatory demands resulting from the opening of the electricity market. The development of legislation on the opening of the electricity market in Switzerland is briefly looked at and the situation to be found in many Swiss companies in the energy sector is looked at. The equivalent situation to be found in Germany is also reviewed as well as various prerequisites for the unbundling of the market, including the so-called 'revenue-cap' method. Quality-assurance in this area is also looked at, as are performance management and other controlling aspects. Also, transport lines and mains-usage are discussed, along with their appropriate regulation. An example is given of a system that allows computer access to the relevant data

  3. Study on Municipal Energy Companies

    International Nuclear Information System (INIS)

    2009-07-01

    This is a summarizing overview of the local, renewable energy initiatives that are grouped under the heading of 'municipal energy company'. A municipal energy company (or sustainable energy company) is a local energy company that initiates, coordinates and/or manages sustainable energy projects with the primary objective of realizing the climate objectives. [nl

  4. Distributed generation, storage, demand response and energy efficiency as alternatives to grid capacity enhancement

    International Nuclear Information System (INIS)

    Poudineh, Rahmatallah; Jamasb, Tooraj

    2014-01-01

    The need for investment in capital intensive electricity networks is on the rise in many countries. A major advantage of distributed resources is their potential for deferring investments in distribution network capacity. However, utilizing the full benefits of these resources requires addressing several technical, economic and regulatory challenges. A significant barrier pertains to the lack of an efficient market mechanism that enables this concept and also is consistent with business model of distribution companies under an unbundled power sector paradigm. This paper proposes a market-oriented approach termed as “contract for deferral scheme” (CDS). The scheme outlines how an economically efficient portfolio of distributed generation, storage, demand response and energy efficiency can be integrated as network resources to reduce the need for grid capacity and defer demand driven network investments. - Highlights: • The paper explores a practical framework for smart electricity distribution grids. • The aim is to defer large capital investments in the network by utilizing and incentivising distributed generation, demand response, energy efficiency and storage as network resources. • The paper discusses a possible new market model that enables integration of distributed resources as alternative to grid capacity enhancement

  5. Predicting changes in sleep complaints from baseline values and changes in work demands, work control, and work preoccupation--the WOLF-project.

    Science.gov (United States)

    Åkerstedt, Torbjörn; Nordin, Maria; Alfredsson, Lars; Westerholm, Peter; Kecklund, Göran

    2012-01-01

    Stress as a cause of disturbed sleep is often taken for granted, but the longitudinal evidence is limited. The aim of this study was to evaluate new cases of poor sleep as a function of changes in reported work demands, work control, and work preoccupation. Longitudinal study of change with measures occurring twice within a 5-year interval during a period when the prevalence of impaired sleep was increasing in Sweden. The sample of companies was taken from northern Sweden (Norrland) and included 3637 individuals from the "WOLF Norrland" longitudinal cohort, collected through company health services. During the measurement period, 16% of those studied developed new cases of impaired sleep. Logistic regressions adjusted for demographics, work environment factors, and disturbed sleep at T1 period one showed a significant increase in new cases for high work demands and high work preoccupation (OR=1.37; Ci=1.09-1.72 and OR=1.80; CI=1.42-2.28, respectively). The analysis of change in the predictors showed effects of a change from low to high work demands (OR=1.39; Ci=1.00-1.95) on new cases of impaired sleep. Consistent high work demands (high at both points) showed a similar increase (OR=1.49; Ci=1.06-2.11) but no effect was seen for reduced demands. Change in work preoccupation yielded stronger effects with OR=2.47 (1.78-2.47) for increased work preoccupation and OR=3.79 (2.70-5.31) for consistent high work preoccupation. Also, a reduction in work preoccupation was associated with a reduction in new cases of disturbed sleep. Control at work was not related to sleep. Stratification with respect to gender mainly led to fewer significant results (particularly for women) due to larger confidence intervals. It was concluded that self-reported work preoccupation predicts subsequent impairment of sleep and that increased preoccupation is associated with new cases of impaired sleep. Similar, but weaker, results were obtained for work demands. Copyright © 2011 Elsevier B

  6. International Expansion and Transition to the Network Structure of the Multinational Companies and Their Social Consequences

    Directory of Open Access Journals (Sweden)

    Daniela Ettaleb

    2015-01-01

    Full Text Available Economic globalization is associated with growing interconnectedness, interdependence and the integration of businesses into a single economic system, improving the competitiveness of businesses, and places new demands and requirements on firms. Companies that wanted to survive in a new, dynamic and competitive environment had to apply new development strategies, whose main motto was to reduce costs and to create greater flexibility on the global market. Many large companies managed huge cost reductions in the globalized economy through international expansion to the industrial periphery and semi-periphery countries (developing countries and Central and Eastern Europe and through the transition from a pyramidal organizational structure to a network structure. The control centre of companies in a network organization deprives hierarchical and pyramidal corporate structures, rather temporarily joins a network of small suppliers, subcontractors and service providers. In the business environment networks are more flexible and adaptable than firms with a hierarchical structure. They are highly effective because they allow significant reductions in the operating costs of the company. On the other hand, the network structure of relations has a number of social consequences, such as the reduction in the number of employees, the rise in non-standard employment contracts and the abolition of responsibility.

  7. Factors Influencing Company Relations with Market Stakeholders, in the Face of Crises in Company Development

    Directory of Open Access Journals (Sweden)

    Olszewska Barbara

    2014-06-01

    Full Text Available Crises in company development are a particular subset of management crises. They emerge on various stages of company development, as a result of gradual depletion of effective management solutions. Crisis situations in companies have varied impact on company stakeholders. The paper presents results of empirical studies of factors influencing company relations with market stakeholders and those that facilitate the process of restoring and maintaining any relations that suffered in the course of crises in company development. The authors’ intention was to identify such factors and evaluate their importance, in relation to various stages of company development and the associated types of crisis situations faced by companies. Empirical studies suggest that certain factors may facilitate conflict resolution in matters concerning company relations with market stakeholders, and that the impact of these factors varies depending on the phase of organizational development and the type of the associated crisis situation. It must be noted, that one of the most important factors to influence problem resolution is the perceived honesty of the exchange participants. Moreover, research suggests that opinions on the significance of organizational dependence of exchange participants in the resolution of problems in relations with market stakeholders are varied.

  8. Projection of electrical demand in Argentina for the period from 1993 through 2010 mark of economic reform

    International Nuclear Information System (INIS)

    Goni, Margarita R.; Gonzalez, Enrique

    1996-01-01

    A projection of electrical demand for two different scenarios has been presented . The period 1993-2010 is analysed and 1993 has been taken as base year. In this study MAED program was used as well as all available information from INDEC (National Statistical Body), CAMMESA (Electrical Market Company) and Ministry of Economy. The results in the base year achieved an accuracy higher than 98%. The scenarios described different rates of growth and electrical energy uses

  9. Globes and Teaching Aids Manufactured by Jan Felkl Company for the Polish Market

    Directory of Open Access Journals (Sweden)

    Malgorzata Taborska

    2016-05-01

    Full Text Available Jan Felkl company from Roztoky (Roztok near Prague manufactured globes in seventeen language versions, since 1861 also in Polish language. The company was active until 1952, but it ceased to manufacture Polish-language globes as early as in 1914. In the aftermath of the First World War, and with the development of printing business, the demand for Czech globes shrank. It is difficult to estimate the overall output of Polish- language globes manufactured by Felkl’s company throughout the 53 years it operated. From catalogues and the surviving globes we know that terrestrial globes in six sizes, folding globes in two sizes, celestial globes (probably in four sizes, as well as telluria, lunaria and planetaria were manufactured for the Polish market. It is difficult to decide how many editions of individual types of globes were issued. Polish names were compiled by Franciszek Waligórski (one globe and Mirosław Suchecki. Only 28 globes have survived to this day, including one celestial globe. Most of them are globes of an 8-inch diameter, approved by the Austrian ministries as teaching aids for schools. Nearly half of the surviving globes date from the years 1894–1914. Only ten items are in museums.

  10. PORT AND SHIPPING COMPANIES AS GLOBAL PLAYERS WITHIN THE MARITIME TRANSPORT AND LOGISTICS AREA

    Directory of Open Access Journals (Sweden)

    Andrzej S. Grzelakowski

    2016-06-01

    Full Text Available The main aim of the study was to present the current role of the maritime transport companies acting in the global maritime logistics area in the creation of fundamentals of integrated order in this sphere of global economy. The study carried out have confirmed that seaport and shipping companies take active measures aiming at building logistics governance in microenvironment which the function in. Generally, however, functioning in the conditions of market disequilibrium, they are seeking, by using the tools available to them, to build the foundations of logistics governance based on typical supply–side orientation. Only in terms of relative market equilibrium they are able, thanks to active demand-side oriented activities, to support effectively all necessary processes directed towards creating a consistent in a global scale logistics area, regulated by both the international market mechanism and public one, i.e. the global maritime policy (governance.

  11. Evaluation of Orange and Rockland Utilities, Inc.`s competitive bidding program for demand-side resources. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Peters, J.S.; Stucky, L.; Seratt, P.; Darden-Butler, D. [Barakat and Chamberlin, Inc., Portland, OR (United States)

    1993-02-01

    The process evaluation reports on the implementation of Orange and Rockland Utilities demand-side bidding program in New York State during 1991 and 1992. The program is implemented by two energy service companies in Orange and rockland`s New York State service territory. The process evaluation methodology included interviews with utility staff (3), energy service company staff (2), and participating (6) and nonparticipating (7) utility customers. The two energy service companies had enrolled 14 customers in the program by summer 1992. One company had achieved 90% of their 2.75 MW bid and the other had achieved less than 90% of their 6.9 MW bid. Critical factors in success were determination of a reasonable bid amount for the market and marketing to the appropriate customers. Customers most interested in the program included those with limited access to capital and medium-sized firms with poor cash flows, particularly schools and hospitals. The findings also show that due to the incentive structure and associated need for substantial customer contributions, lighting measures dominate all installations. Customers, however, were interested in the potential savings and six of the nonparticipants chose to either install measures on their own or enroll in the utility`s rebate program.

  12. ONE PERSON COMPANY IN INDIA: A SYNOPTIC VIEW IN THE LIGHT OF THE COMPANIES ACT, 2013

    OpenAIRE

    ROY, SUHAS

    2016-01-01

    One Person Company (OPC) is a revolutionary concept that has been elaborately discussed in the Companies Act, 2013. It is one of the classifications of companies based on the number of persons. One Person Company (OPC) means a company which has only one individual as a member. Only natural-born citizens viz., small businessmen, entrepreneurs, artisans, weavers or traders among others can reap the benefits of One Person Company (OPC). Non-resident Indians cannot form an OPC. The shareholder sh...

  13. Creating a business environment in inventory management - The Philadelphia Electric Company experiences

    International Nuclear Information System (INIS)

    Franks, A.J.; Birch, H.

    1992-01-01

    Philadelphia Electric Company's (PECo's) Nuclear Engineering and Services Department was asked to develop a (non-fuel) inventory management philosophy that will optimize inventory dollars at Peach Bottom atomic power station and Limerick generating station. The ultimate goal of the project is to maximize the potential for the correct parts being available at the lowest possible level of investment. There are many factors that make the management of maintenance, repair, and operating (MRO) supply inventories more complicated than managing finished goods, work-in-progress, or raw materials. Determining correct inventory levels for nuclear power plants is complicated by the irregular demand for spare parts and the cyclic nature of demand caused by refueling outages. Based on the information collected, it was determined that PECo's nuclear group needed to develop policies and strategies to address the following issues: (1) inventory classification based on part criticality, usage, and demand forecast; (2) item level ordering policies based on classification system; (3) inventory performance management; and (4) management of obsolete/surplus parts. Currently, policies are being developed to manage surplus and obsolete materials. Opportunities are being explored regarding the potential capitalization of critical components and parts. The policies established for classification, ordering policies, and performance management are being translated into work processes via common procedures and guidelines

  14. Third European Company Survey: Workplace innovation in European companies

    OpenAIRE

    Oeij, P.; Žiauberyté-Jakštiené, R.; Dhondt, S.; Corral, A.; Totterdill, P.; Preenen, P.

    2015-01-01

    Workplace innovation (WPI) is a developed and implemented practice or combination of practices which enables employees to participate in organisational change and renewal and hence improve the quality of working life and organisational performance. This report looks at reasons for enabling WPI, adoption and implementation, and impact on organisation and management, employees and employee representatives. The research is based on 51 companies identified in Eurofound’s third European Company Su...

  15. 75 FR 6791 - Surety Companies Acceptable on Federal Bonds-Termination: Trinity Universal Insurance Company

    Science.gov (United States)

    2010-02-10

    .... However, no new bonds should be accepted from this company, and bonds that are continuous in nature should... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Termination: Trinity Universal Insurance Company AGENCY: Financial Management Service, Fiscal Service...

  16. 77 FR 29472 - Surety Companies Acceptable on Federal Bonds-Termination: Atlantic Bonding Company, Inc.

    Science.gov (United States)

    2012-05-17

    ... be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Termination: Atlantic Bonding Company, Inc. AGENCY: Financial Management Service, Fiscal Service, Department...

  17. 75 FR 33897 - Surety Companies Acceptable on Federal Bonds-Terminations: Commercial Alliance Insurance Company

    Science.gov (United States)

    2010-06-15

    ... be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Terminations: Commercial Alliance Insurance Company AGENCY: Financial Management Service, Fiscal Service...

  18. Geographical proximity on the valuations of unlisted agrarian companies: Does distance from company to company and to strategic points matter?

    Energy Technology Data Exchange (ETDEWEB)

    Occhino, P.; Maté, M.

    2017-07-01

    This paper is a first attempt to examine the role played by the geography on agrarian firms’ valuations. The geography was evaluated through the physical proximity from agrarian companies to other companies and to some strategic points which ease their accessibility to external economic agents. To get our purpose, we developed an empirical application on a sample of non-listed agrarian Spanish companies located in the region of Murcia over the period 2010-2015. We applied Discount Cash Flow methodology for non-listed companies to get their valuations. With this information, we used spatial econometric techniques to analyse the spatial distribution of agrarian firms’ valuations and model the behavior of this variable. Our results supported the assertion that agrarian firms’ valuations are conditioned by the geography. We found that firms with similar valuations tend to be grouped together in the territory. In addition, we found significant effects on agrarian firms valuations derived from the geographical proximity among closer agrarian companies and from them to external agents and transport facilities.

  19. Geographical proximity on the valuations of unlisted agrarian companies: Does distance from company to company and to strategic points matter?

    International Nuclear Information System (INIS)

    Occhino, P.; Maté, M.

    2017-01-01

    This paper is a first attempt to examine the role played by the geography on agrarian firms’ valuations. The geography was evaluated through the physical proximity from agrarian companies to other companies and to some strategic points which ease their accessibility to external economic agents. To get our purpose, we developed an empirical application on a sample of non-listed agrarian Spanish companies located in the region of Murcia over the period 2010-2015. We applied Discount Cash Flow methodology for non-listed companies to get their valuations. With this information, we used spatial econometric techniques to analyse the spatial distribution of agrarian firms’ valuations and model the behavior of this variable. Our results supported the assertion that agrarian firms’ valuations are conditioned by the geography. We found that firms with similar valuations tend to be grouped together in the territory. In addition, we found significant effects on agrarian firms valuations derived from the geographical proximity among closer agrarian companies and from them to external agents and transport facilities.

  20. Governments cut takes to compete as world acreage demand falls

    International Nuclear Information System (INIS)

    Meurs, A.P. van

    1995-01-01

    During the last decade there has been significant change in fiscal terms and conditions applicable to petroleum exploration and production. An analysis of 226 fiscal systems in 144 countries indicates that there has been a substantial downward trend in government take. Of the 226 fiscal systems analyzed, 130 were changed during the last decade. The changes resulted in a lower government take in almost all cases. During the last decade the supply of exploration acreage has increased due to the fact that a large number of countries decided to open new areas. A number of other countries decided to accelerate the process of offering acreage. In total, the acreage available for exploration by private oil companies almost doubled during the last 10 years. At the same time the demand for acreage has been reduced due to lower oil prices and reduced oil industry cash flows. As a result, the ''price'' for acreage--in terms of government take--has declined. This development has created a new situation in which governments are now strongly competing for exploration and development investments. The question is, how do governments compete and what is the current status of the competition? The process of competition among governments is still poorly understood by governments and companies. The paper attempts to explain

  1. Towards a New Paradigm of Software Development: an Ambassador Driven Process in Distributed Software Companies

    Science.gov (United States)

    Kumlander, Deniss

    The globalization of companies operations and competitor between software vendors demand improving quality of delivered software and decreasing the overall cost. The same in fact introduce a lot of problem into software development process as produce distributed organization breaking the co-location rule of modern software development methodologies. Here we propose a reformulation of the ambassador position increasing its productivity in order to bridge communication and workflow gap by managing the entire communication process rather than concentrating purely on the communication result.

  2. 75 FR 38188 - Surety Companies Acceptable on Federal Bonds-Termination: Stonebridge Casualty Insurance Company

    Science.gov (United States)

    2010-07-01

    ... should be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service [NAIC 10952] Surety Companies Acceptable on Federal Bonds--Termination: Stonebridge Casualty Insurance Company AGENCY: Financial Management Service, Fiscal...

  3. 75 FR 81331 - Surety Companies Acceptable on Federal Bonds: Termination-Penn Millers Insurance Company

    Science.gov (United States)

    2010-12-27

    ... should be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds: Termination--Penn Millers Insurance Company AGENCY: Financial Management Service, Fiscal Service, Department...

  4. Financial restatement and firm performance in family controlled and CEO duality companies: evidence from post 2007 Malaysian Code of Corporate Governance

    Directory of Open Access Journals (Sweden)

    Chin Sok Fun

    2017-01-01

    Full Text Available Do financial restatements dampen firm performance? One argument about this is that restatements hurt investor confidence in the credibility of a firm’s disclosure, resulting in a decline in demand for the firm’s securities, thereby, leading to a significant drop in asset price. On the other hand, agency theory suggests that family ownership could have potential benefits to a firm’s performance. An increase in family ownership will have a greater concern for reputation to the controlling family in producing high quality accounting information and, thereby, reduce the likelihood of financial restatements. We evaluate these arguments by distinguishing the effects of restatements on firm performance under two corporate governance environments; family-controlled and CEO duality companies. Based on a sample of Malaysian listed companies in 2008 after the post MCCG 2007 initiative, our findings suggest that (1 restatements dampen firm performance, (2 the dampening impacts of restatements are completely mitigated in family-controlled companies, and (3 the dampening effects are more pronounced in non-family controlled companies than family-controlled companies in non-CEO duality companies. Using this evidence, we recommend that Malaysian regulators develop policies that are unique to the Malaysian markets so as to curtail accounting irregularities. They should reconsider the relevance of requiring CEO nonduality as a practice of good corporate governance and encourage more investment in family-controlled companies.

  5. Why job autonomy matters for young companies' performance: company maturity as a moderator between job autonomy and company performance

    NARCIS (Netherlands)

    Preenen, P.T.Y.; Howaldt, J.; Oeij, P.R.A.; Dhondt, S.; Kraan, K.O.; Jansen, E.

    2016-01-01

    Although the positive impact of job autonomy has been widely shown for individual-level employee outcomes, research on job autonomy and company-level outcomes has been surprisingly scarce. Therefore, among 3,311 companies in the Netherlands, we investigate the relationship between employees' job

  6. Analysis of district heating pricing in Finland from the customers' and energy companies perspectives. Final report; Kaukolaemmoen hinnoittelun nykytila ja tulevaisuuden mahdollisuudet. Loppuraportti

    Energy Technology Data Exchange (ETDEWEB)

    Sarvaranta, A.; Jaaskelainen, J.; Puolakka, J.; Kouri, P. [AF-Consult, Vantaa (Finland)

    2012-12-15

    The heating market in Finland is changing. Until now, district heating demand has been constantly increasing. However, forecasts predict the demand to drop slightly in the future due to the increasing energy efficiency demands and development of competing heating technologies. Maintaining existing customer base may rise as one of the major challenges of a district heating company in the future. This report covers the topic 'Analysis of district heating pricing in Finland from the customers' and energy companies perspectives'. The report provides a general description of the current challenges and future opportunities of district heating pricing in Finland. Cost and pricing structures are discussed from both the companies and customers' perspectives. The overall objective is to provide an overview of the current state of district heating pricing in Finland and provide information on new pricing opportunities. The conclusions of the report provide information that district heating companies can use in developing their pricing system. Based on the literature and material analysed in this study, district heating pricing currently lacks adequate transparency and therefore should be developed to reflect the cost structure more closely. New metering technologies allow more accurate information on heat consumption and can hence be used to improve the transparency of pricing. Average marginal costs generally vary between seasons. If the goal is to reflect the cost structure taking into account the average variable costs, season dependent pricing becomes desirable. More variability in pricing between seasons may also keep customers from switching completely or partially into other heating systems, as the pricing becomes more cost-effective and easier to understand. Different types of customers wish for different properties in pricing: transparency, freedom of choice, convenience, more dynamic pricing, etc.. While expanding and tailoring the pricing

  7. 76 FR 77442 - Mutual Insurance Holding Company Treated as Insurance Company

    Science.gov (United States)

    2011-12-13

    ... insurance industry traces its roots back to England, where, in 1696, the first mutual fire insurer was... FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 380 RIN 3064-AD89 Mutual Insurance Holding Company Treated as Insurance Company AGENCY: Federal Deposit Insurance Corporation (FDIC). ACTION: Notice...

  8. The European Model Company Act

    DEFF Research Database (Denmark)

    Cleff, Evelyne Beatrix

    2011-01-01

    European Company Law regulation is currently undergoing a reform. These reforms raise a number of regulatory questions, such as what should be the aims of companies' legislation, and how these aims should best be met by regulation. Many of the reforms and discussions (both on EU and national level...... an increasing influence on the framing of company legislation, such as the choice between mandatory or default rules. This article introduces the project 'European Company Law and the choice of Regulatory Method' which is carried out in collaboration with the 'European Model Company Act Group'. The project aims...

  9. PERFECT DEMAND ILLUSION

    Directory of Open Access Journals (Sweden)

    Alexander Yu. Sulimov

    2015-01-01

    Full Text Available The article is devoted to technique «Perfect demand illusion», which allows to strengthen the competitive advantageof retailers. Also in the paper spells out the golden rules of visual merchandising.The definition of the method «Demand illusion», formulated the conditions of its functioning, and is determined by the mainhypothesis of the existence of this method.Furthermore, given the definition of the «Perfect demand illusion», and describes its additional conditions. Also spells out the advantages of the «Perfect demandillusion», before the «Demand illusion».

  10. Explaining regional variation in home care use by demand and supply variables.

    Science.gov (United States)

    van Noort, Olivier; Schotanus, Fredo; van de Klundert, Joris; Telgen, Jan

    2018-02-01

    In the Netherlands, home care services like district nursing and personal assistance are provided by private service provider organizations and covered by private health insurance companies which bear legal responsibility for purchasing these services. To improve value for money, their procurement increasingly replaces fee-for-service payments with population based budgets. Setting appropriate population budgets requires adaptation to the legitimate needs of the population, whereas historical costs are likely to be influenced by supply factors as well, not all of which are necessarily legitimate. Our purpose is to explain home care costs in terms of demand and supply factors. This allows for adjusting historical cost patterns when setting population based budgets. Using expenses claims of 60 Dutch municipalities, we analyze eight demand variables and five supply variables with a multiple regression model to explain variance in the number of clients per inhabitant, costs per client and costs per inhabitant. Our models explain 69% of variation in the number of clients per inhabitant, 28% of costs per client and 56% of costs per inhabitant using demand factors. Moreover, we find that supply factors explain an additional 17-23% of variation. Predictors of higher utilization are home care organizations that are integrated with intramural nursing homes, higher competition levels among home care organizations and the availability of complementary services. Copyright © 2017. Published by Elsevier B.V.

  11. Asian oil refining. Demand growth and deregulation - an uncertain future

    International Nuclear Information System (INIS)

    Sameer Nawaz.

    1996-01-01

    The objective of the report is to identify the most important features of the oil refining industry in Asia. Major developments in consumption patterns changes in regional importance of countries are discussed, highlighting potential future developments. The first chapter introduces the various refining processes and presents a simple model for the analysis of complex refineries. Chapter 2 examines the development of the Asian refining industry against a background of economic growth and analyses trends in consumption of all products in Asian countries. In Chapter 3, the key issues concerning the refining industry are examined, among them the forces driving consumption, including the importance of economic development, and electricity and transport demand. The importance of product imports and international trade is discussed, and the extent of government involvement and the effects of changing retail and market prices are analysed. Chapter 4 looks at the strategies that oil and gas companies are following in the Asian refining industry. Particular significance is attached to the vertical integration of the oil majors, Japanese and Middle Eastern oil companies. A brief overview of the importance of the petrochemical industry is presented. The countries of Asia that are involved in the refining industry are profiled in Chapter 5. The future trend in oil consumption is examined in Chapter 6. There follows a brief discussion of the plans to expand crude refining capacity in the various countries and a forecast of the state of overcapacity which will result. In the final chapter, brief profiles of some of the most important companies in the Asian refining industry are presented, discussing their major activities and future plans. (Author)

  12. The Influence of Brand Management and Entpreneurship Motivation on Franchising Sales Performance Franchise Company in Manado

    OpenAIRE

    Kumaat, Anastasia Eilin

    2015-01-01

    Flow economy today many franchise systems leads to large company tends to choose a franchise system than opening a new branch. Franchising done to overcome internal resources by providing access to the franchisee. With this tangle franchising develops and evolves. This research aim to improve the quality of business relationship, because franchising is built on the concept of the brand first and the effectiveness of consumer demand. The method used in this research is quantitative data; Quant...

  13. The Bat'a Company in Zlín: A Shoe Company or a School Company?

    Science.gov (United States)

    Kasper, Tomáš; Kasperová, Dana

    2018-01-01

    The first part of the study focuses on the characteristics and analysis of Zlín as an example of a company town. Life in the company town is characterised as a means of forming 'a new man' in Bat'a's Zlín. The second section analyses the aims of worker education in Bat'a's Zlín (in the so-called Bat'a school of work) and highlights the methods and…

  14. 76 FR 58263 - Kenai Pipe Line Company; Tesoro Alaska Company; Tesoro Logistics Operations, LLC; Notice of...

    Science.gov (United States)

    2011-09-20

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. OR11-21-000] Kenai Pipe Line Company; Tesoro Alaska Company; Tesoro Logistics Operations, LLC; Notice of Request for Jurisdictional..., 2011, Kenai Pipe Line Company (KPL), Tesoro Alaska Company (Tesoro Alaska), and Tesoro Logistics, LLC...

  15. Determinants of Supply and Demand for Trade Credit by Micro, Small and Medium-Sized Enterprises

    Directory of Open Access Journals (Sweden)

    Claudinê Jordão de Carvalho

    2015-08-01

    Full Text Available This article investigates the determinant factors of supply and demand for trade credit by micro, small and medium-sized enterprises (MSMEs, using data collected in a survey of managers from 481 firms in 32 cities in the states of São Paulo and Minas Gerais (Brazil between 2008 and 2010. The multivariate relationship model proposed here is grounded in trade credit, agency and transaction costs theories. This study is based on a technique known as path analysis that uses a system of simple regressions estimated by simultaneous equations. The main results show the following: (i trade credit and short-term bank loans are supplementary (and not substitute sources of funds for MSMEs, which demonstrates that trade credit can be used by financial institutions as an indicator of the creditworthiness of the company; (ii the proportion of credit sales, the days sales outstanding measure and sales growth are positively related to the amount of trade credit demanded, which suggests that trade credit is transferred along the supply chain; and (iii the supply of trade credit is positively related to the importance that management ascribes to both internal capital and bank credit, which illustrates the strategic use of the supply of trade credit to increase sales. These results have important implications for companies' managers, financial institutions and the government agencies responsible for formulating policies that support and promote the development of small and medium-sized enterprises.

  16. 78 FR 38309 - Northern Natural Gas Company; Southern Natural Gas Company, L.L.C.; Florida Gas Transmission...

    Science.gov (United States)

    2013-06-26

    ... Natural Gas Company; Southern Natural Gas Company, L.L.C.; Florida Gas Transmission Company, LLC; Notice of Application Take notice that on June 4, 2013, Northern Natural Gas Company (Northern), 1111 South 103rd Street, Omaha, Nebraska 68124; on behalf of itself, Southern Natural Gas Company, L.L.C., and...

  17. Supplying commercial biomedical companies from a human tissue bank in an NHS hospital--a view from personal experience.

    Science.gov (United States)

    Gray, N; Womack, C; Jack, S J

    1999-04-01

    NHS histopathology laboratories are well placed to develop banks of surgically removed surplus human tissues to meet the increasing demands of commercial biomedical companies. The ultimate aim could be national network of non-profit making NHS tissue banks conforming to national minimum ethical, legal, and quality standards which could be monitored by local research ethics committees. The Nuffield report on bioethics provides ethical and legal guidance but we believe that the patient should be fully informed and the consent given explicit. Setting up a tissue bank requires enthusiasm, hard work, and determination as well as coordination between professionals in the NHS trust and in the commercial sector. The rewards are exiting new collaborations with commercial biomedical companies which could help secure our future.

  18. Organizational architecture of multinational companies

    OpenAIRE

    Sikorová, Lenka

    2009-01-01

    The main goal of the bachelor thesis Organizational Architecture of Multinational Companies is to elaborate the overview of organizational structures that are used by modern global companies. The thesis contains an analysis of such companies development, principles of functioning, pros and cons and the opportunities which these brings. It also contains a description of the basic concepts associated with organizational architecture such as globalization, multinational companies and organizatio...

  19. Electricity demand in Kazakhstan

    International Nuclear Information System (INIS)

    Atakhanova, Zauresh; Howie, Peter

    2007-01-01

    Properties of electricity demand in transition economies have not been sufficiently well researched mostly due to data limitations. However, information on the properties of electricity demand is necessary for policy makers to evaluate effects of price changes on different consumers and obtain demand forecasts for capacity planning. This study estimates Kazakhstan's aggregate demand for electricity as well as electricity demand in the industrial, service, and residential sectors using regional data. Firstly, our results show that price elasticity of demand in all sectors is low. This fact suggests that there is considerable room for price increases necessary to finance generation and distribution system upgrading. Secondly, we find that income elasticity of demand in the aggregate and all sectoral models is less than unity. Of the three sectors, electricity demand in the residential sector has the lowest income elasticity. This result indicates that policy initiatives to secure affordability of electricity consumption to lower income residential consumers may be required. Finally, our forecast shows that electricity demand may grow at either 3% or 5% per year depending on rates of economic growth and government policy regarding price increases and promotion of efficiency. We find that planned supply increases would be sufficient to cover growing demand only if real electricity prices start to increase toward long-run cost-recovery levels and policy measures are implemented to maintain the current high growth of electricity efficiency

  20. Four state companies are markedly different

    International Nuclear Information System (INIS)

    Aalund, L.R.

    1995-01-01

    The Journal continues its profiles of state owned oil companies with a return to the Persian Gulf, South America, and a first time look at the state oil company of Romania, one of Eastern Europe's most active and oldest producers. The government of Kazakhstan's activities are also covered in this report. These profiles detail the organization of the companies, with emphasis on upstream and downstream operations. Support functions, though essential to a company, are not covered in detail. Company projects and capabilities are only described in this report when necessary to put the company in perspective. Following are the profiles of state companies for Bahrain, Kuwait, Romania, and Venezuela

  1. Demand analysis of flood insurance by using logistic regression model and genetic algorithm

    Science.gov (United States)

    Sidi, P.; Mamat, M. B.; Sukono; Supian, S.; Putra, A. S.

    2018-03-01

    Citarum River floods in the area of South Bandung Indonesia, often resulting damage to some buildings belonging to the people living in the vicinity. One effort to alleviate the risk of building damage is to have flood insurance. The main obstacle is not all people in the Citarum basin decide to buy flood insurance. In this paper, we intend to analyse the decision to buy flood insurance. It is assumed that there are eight variables that influence the decision of purchasing flood assurance, include: income level, education level, house distance with river, building election with road, flood frequency experience, flood prediction, perception on insurance company, and perception towards government effort in handling flood. The analysis was done by using logistic regression model, and to estimate model parameters, it is done with genetic algorithm. The results of the analysis shows that eight variables analysed significantly influence the demand of flood insurance. These results are expected to be considered for insurance companies, to influence the decision of the community to be willing to buy flood insurance.

  2. Public Shareholdership Energy Companies

    International Nuclear Information System (INIS)

    Kist, A.W.; Crone, F.J.M.; Hudig, D.F.; Ketting, N.G.; De Swaan, T.; Willems, R.

    2008-06-01

    National and international developments on the energy markets and changes in legislation and regulation require a renewed strategic orientation of energy companies and their shareholders. Decentralized authorities will have to reconsider their position as a shareholder in energy companies carefully. This report provides an overview of the recommendations of the Kist Commission on how provinces and municipalities can make a well-considered choice as shareholder of energy companies. [mk] [nl

  3. THE IDENTIFICATION OF THE MARKETING NEEDS AND MEANS OF COMMUNICATION OF THE ROMANIAN MARKETING COMPANIES - A MARKETING RESEARCH -

    OpenAIRE

    Tudor Edu; Costel Iliuţă Negricea

    2011-01-01

    The marketing needs of the Romanian marketing companies are very diversified, commencing with the research of the needs and demand on the target market, going down to the 4Ps (Product, Price, Promotion and Placement) and their components.The present marketing research was performed using 7 categories of information sources: specialised publications in marketing; specialised publications in economics; information provided by specialised institutions in consultancy and marketing research; infor...

  4. Motivating Factors in Guidance Publications by Ibovespa Companies and Their Conformity to CODIM’s Guideline Statement 04/2008

    Directory of Open Access Journals (Sweden)

    Helio Macedo Neto

    2014-04-01

    Full Text Available As the demand for resources in the national capital market grows, there is a stronger necessity by companies to release result prospects in order to keep or attract new investors. The guidance, a publication of future results, appears in this scenario as a response to this trend. In this perspective, the research investigates probable motivating factors in the publication of guidance by Ibovespa companies, while assessing their response to CODIM’s 04/2008 statement. The investigation comprehended factors related to institutional environments (listing segment at BM&FBovespa and listing of actions in foreign stock exchanges and three groups of interest (suppliers, employees and investors. Qualitative in nature, this exploratory research has used the technique of content analysis. After analyzing the reference forms from 62 companies, it was possible to verify the disclosure of guidances, in 2010, of 26 of them, or 41.9% of the Ibovespa index. The results indicate that the factors analyzed were considered motivational in the evidencing of future result perspectives and the guidance publications, as recommended by the Institutional Theory and the Theory of Stakeholders. These results suggest that the surveyed companies provide information on future estimates to maintain or ensure its legitimacy in the market and towards its stakeholders. However, the content analysis showed that the guidance published by the companies do not meet in a satisfactory way the Statement 04/2008.

  5. Risk Management in Insurance Companies

    OpenAIRE

    Yang, Xufeng

    2006-01-01

    Insurance is the uncertain business in uncertain society. Today, insures face more complex and difficult risks. Efficient risk management mechanisms are essential for the insurers. The paper is set out initially to explore UK insurance companies risk management and risk disclosure by examining companies annual report after all the listed insurance companies are required to disclose risk information in their annual report, which seeks to reflect the recent development in UK insurance companies...

  6. BRAZILIAN MULTINATIONAL COMPANIES: THE ROLE OF TECHNOLOGY IN THE CONQUEST OF THE EXTERNAL MARKET

    Directory of Open Access Journals (Sweden)

    Eva Stal

    2005-01-01

    Full Text Available The paper intends to show the importance of the internationalization process of companies from developing countries, which face global competition. Outside production stimulates the exports of raw materials, components and finished products, mainly in industrial sectors that produce differentiated goods of a higher technological content. Besides, the presence in more demanding markets facilitates the incorporation of new technologies and capacity building. Based on the behavioral and economical theories that explain the internationalization process of firms, a case study was conducted in Sabó, an autoparts manufacturer, and one of the few national firms that survived the liberalization process of the Brazilian economy, in 1990. This is explained by its innovative characteristics, which allows it to compete in the international market with the biggest companies in its sector. We conclude that, in the presence of a strong asset, like innovative technologies, the economical theories provide a better support for a successful internationalization process.

  7. Developing and Managing Cross-Functional Teams: A Multi-Case Study of Brazilian Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Márcio Lopes Pimenta

    2014-06-01

    Full Text Available The growth of industries and the strong economic base in Brazil require improvements and adaptations in business processes. Cross-functional teams (CFT may help to companies achieve these improvements. This research looks at characterizing CFT according to application processes, structures, objectives and impacts, considering the context of demand planning and related processes. In-depth interviews with 22 managers were performed in three Brazilian manufacturing companies. A framework to characterize CFT and respective impacts is proposed, including elements such as: procedures, context and goals, power distribution, impacts on cross-functional integration, impacts on teams' performance and on organization's performance. One significant managerial finding is that effective and efficient CFTs need balanced distribution of power among members by effectively establishing and structuring the team. By doing this, managers may observe positive impacts on inter-functional integration and in firm's results. Moreover, teams should permanently perform joint planning to predict unfavorable situations, improve communication and mutual understanding.

  8. Company Secretaries: Their duties and powers

    OpenAIRE

    2009-01-01

    Every company must have a company secretary. Their main role is to: carry out the directors’ instructions; help ensure that the company obeys the law and its own constitutional rules; and prepare and maintain the associated company documents.

  9. CNG: Aiming to be an energy company, not a gas company

    International Nuclear Information System (INIS)

    Wheatley, R.

    1997-01-01

    Long before regulatory changes in the US paved the way for the union of natural gas and electric utility companies, Consolidated Natural Gas Co. (CNG) embarked on a strategy that would serve the company well in the 1990s. In 1995, CNG began a corporate repositioning to meet mounting competition, switching emphasis from its regulated businesses to the non-regulated side. The goal: to become an energy player, not only in the US but internationally. This paper focuses on the company's operations, business plans, and management strategies. The paper gives an overview, then discusses production of oil and gas, the growing exploration program and plans for the future

  10. Startup activities of established Finnish companies

    OpenAIRE

    Saalasti, Sini

    2016-01-01

    Established companies have collaborated with startups for decades in order to enhance their capabilities in technology and innovation. However, in the recent years, the changes in the business environment have induced established companies to increase their collaboration with startups. Thus, startup activities of established companies have become a timely phenomenon. This study explores the startup activities of established companies by analyzing all the activity established companies conduct...

  11. A Study on the Effects of Client Company Information on the On-Site Logistics and Processes in a Supply Chain: A New Design Approach using Quality Function Deployment

    Directory of Open Access Journals (Sweden)

    Masamitsu KIUCHI

    2016-04-01

    Full Text Available Recently, manufacturing companies have to construct supply chains considering the contingencies of global clients. In order to meet global demand, companies are required to quickly grasp the information which is disseminated in the supply chain. This study focuses on business to business (B to B manufacturing model in a supply chain. Generally, manufacturing companies which supply the products to client companies engaged in B to B structures deliver the products according to the client companies’ order. Manufacturing companies subsequently deliver the product depending on the order specifications that determine the delivery time, the order quantity, the order quality and so on. Therefore, the orders requisitioned by client companies might cause some impacts on the operations in the companies engaged in B to B structures in the supply chain. We suggest a new approach to solving the operation problems using Quality Function Deployment (QFD. QFD is a powerful methodology and is effective in organizing manufacturing information and setting the quality of design. A case study is given to show the implementation of the proposed methodology.

  12. Electricity demand forecasting techniques

    International Nuclear Information System (INIS)

    Gnanalingam, K.

    1994-01-01

    Electricity demand forecasting plays an important role in power generation. The two areas of data that have to be forecasted in a power system are peak demand which determines the capacity (MW) of the plant required and annual energy demand (GWH). Methods used in electricity demand forecasting include time trend analysis and econometric methods. In forecasting, identification of manpower demand, identification of key planning factors, decision on planning horizon, differentiation between prediction and projection (i.e. development of different scenarios) and choosing from different forecasting techniques are important

  13. Electric Holding Company Areas

    Data.gov (United States)

    Department of Homeland Security — Holding companies are electric power utilities that have a holding company structure. This vector polygon layer represents the area served by electric power holding...

  14. Review of US utility demand-side bidding programs

    International Nuclear Information System (INIS)

    Goldman, C.A.; Kito, M.S.

    1995-01-01

    In this study, we review utility experiences with demand-side management (DSM) bidding programs. Since 1987, about 35 US utilities have signed long-term contracts with developers of DSM resources (ie energy service companies and customers) to provide a quantity of demand and energy savings at specified prices. Total resource costs range between 5.4 and 8 cents/kWh for DSM bidding programs where complete information on program costs is available. Almost all DSM bidding programs have been cost-effective compared with the utility's own supply-side alternatives, although there is substantial disagreement regarding the value of these programs compared with the utility's own DSM programs. In most bidding programs, payments to bidders account for between 70 and 90% of total program costs. Variation in winning bid prices is influenced primarily by DSM bid ceiling prices, differences in the mix of measures and markets targeted by developers, and the degree of performance risk borne by the DSM developer. Bids targeting residential customers averaged 6.2 cents/kWh compared with about 5.0 cents/kWh for commercial/industrial bids. We also compared the costs of acquiring lighting savings in DSM bidding contracts with a sample of 20 utility sponsored commercial/industrial lighting programs. We found that, on average total resource costs were slightly higher in bidding programs (6.1 vs 5.6 cents/kWh), although ratepayers bear significantly less performance risk in bidding programs compared with traditional utility-sponsored DSM programs. (author)

  15. 26 CFR 1.831-1 - Tax on insurance companies (other than life or mutual), mutual marine insurance companies, and...

    Science.gov (United States)

    2010-04-01

    ... mutual), mutual marine insurance companies, and mutual fire insurance companies issuing perpetual... companies (other than life or mutual), mutual marine insurance companies, and mutual fire insurance... insurance companies and mutual fire insurance companies exclusively issuing either perpetual policies, or...

  16. Strategy Assessment of Company ECOPOSTES

    OpenAIRE

    Cortazar Sanabria, Javier Mauricio

    2015-01-01

    This thesis focuses on developing a research on the different types of strategies a company can implement depending on their situation and the various analyses that must be completed before making the strategy decision. External and internal environment methods are described together with the various forms of corporate restructure methods a company can use if needed. The whole process is followed step by step to provide a strategy assessment to company Ecopostes, a Colombian company focused o...

  17. 17 CFR 210.3-18 - Special provisions as to registered management investment companies and companies required to be...

    Science.gov (United States)

    2010-04-01

    ... registered management investment companies and companies required to be registered as management investment... Financial Statements § 210.3-18 Special provisions as to registered management investment companies and companies required to be registered as management investment companies. (a) For filings by registered...

  18. Responsibilities of Companies towards Employees

    Directory of Open Access Journals (Sweden)

    Monray Marsellus Botha

    2015-07-01

    Full Text Available Central to company law is the promotion of corporate governance. An important question in company law still today is in whose interest the company should be managed. Corporate governance needs to address the entire span of responsibilities to stakeholders of the company such as customers, employees, shareholders, suppliers and the community at large. The promotion of human rights in the application of company law must also take place. This is extremely important given the significant role of enterprises within the social and economic life of the nation. The interests of various stakeholder groups in the context of the corporation as a "social institution" should be enhanced and protected. Because corporations are part of society and the community, like all of us, it is required of them to be socially responsible and have greater accountability to all stakeholders of the company. Although directors must act in the best interests of shareholders collectively they must also consider the interests of other stakeholders. Sustainable relationships with all the relevant stakeholders are thus important. The advancement of social justice is thus important to corporations in that they should take note of the Constitution, labour legislation and company law legislation when social justice issues are dealt with. Employees have become very important stakeholders of companies and their needs should be taken into account in the bigger corporate governance and social responsibility framework.

  19. 12 CFR 5.35 - Bank service companies.

    Science.gov (United States)

    2010-01-01

    .... (d) Definitions—(1) Bank service company means a corporation or limited liability company organized... liability company. (2) Limited liability company means any non-corporate company, partnership, trust, or..., obligation, or liability of the company solely by reason of being, or acting as, a member or manager of such...

  20. Privatised companies and market

    International Nuclear Information System (INIS)

    Salini, M. P.

    2001-01-01

    The Italian Government decided to adopt the public company structure where a little group of medium-term investors had the task of supporting the transition of the privatised companies to the market. The article examines the reasons for this decision and its failure in attaining the purpose, not excluding the possibility for the public company of imposing itself in the long period and in a context of a minor legislative intervention and more effective Corporate Governance rules [it

  1. 12 CFR 584.2-2 - Permissible bank holding company activities of savings and loan holding companies.

    Science.gov (United States)

    2010-01-01

    ... savings and loan holding companies. 584.2-2 Section 584.2-2 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE TREASURY SAVINGS AND LOAN HOLDING COMPANIES § 584.2-2 Permissible bank holding company activities of savings and loan holding companies. (a) General. For purposes of § 584.2(b)(6)(i) of this part...

  2. Optimization of existing transport services – case study of the Niko Transport d.o.o. Company

    Directory of Open Access Journals (Sweden)

    Igor TRUPAC

    2011-01-01

    Full Text Available The operational efficiency of the transport-logistics chains is affected by all actors involved: linear companies, port authorities, stevedores, forwarders, agents as well as of the level of integration of terminals and hinterland transportation modes. At the moment, only the company Niko Transport d.o.o. offers the intermodal way of transport in Slovenia. As for any other transportation problem, time window constraints and the availability of alternative routings of intermodal transport poses additional challenges.The new strategy of the company was named »We select green«. Its main goal is the same effect with lower pollution. They understand they are part of whole logistic chains for which it is typical to become more and more sensible to the demands that concerns the protection of the environment. That is also one of the priority strategies of the EU. Launched in the Freight Transport Logistics Action Plan, Green Corridors support today the EU's agenda towards decarbonising transport while emphasising the need for efficient logistics. The goal of the article is to present the business of the Niko Transport d.o.o. company on the UK market, the introduction of the multimodal transport, the approval of the Marco Polo project, the selection of courses and partners. A research of the students of the Caledonian University of Glasgow as a part of the project is also presented in the article.

  3. Using the Job-Demands-Resources model to predict turnover in the information technology workforce – General effects and gender

    Directory of Open Access Journals (Sweden)

    Peter Hoonakker

    2014-01-01

    Full Text Available High employee turnover has always been a major issue for Information Technology (IT. In particular, turnover of women is very high. In this study, we used the Job Demand/Resources (JD-R model to examine the relationship between job demands and job resources, stress/burnout and job satisfaction/commitment, and turnover intention and tested the model for gender differences. Data were collected in five IT companies. A sample of 624 respondents (return rate: 56%; 54% males; mean age: 39.7 years was available for statistical analyses. Results of our study show that relationships between job demands and turnover intention are mediated by emotional exhaustion (burnout and relationships between job resources and turnover intention are mediated by job satisfaction. We found noticeable gender differences in these relationships, which can explain differences in turnover intention between male and female employees. The results of our study have consequences for organizational retention strategies to keep men and women in the IT work force.

  4. Corporate governance structure which is based in the S&OP process: Case study in la Brazilian cosmetic company

    Directory of Open Access Journals (Sweden)

    Ximena Rojas

    2014-03-01

    Full Text Available (Received: 2014/01/31 - Accepted: 2014/03/25This article is about the generation of a corporate governance structure which is based in the process S&OP for a Brazilian cosmetic industry. The increasing emphasis on business development guided by attention to the requirements and demands of customers, cause nowadays, that the organizations of the commercial sectors work in the creation of a competitive differential. The collaborative business management strategy S&OP is looking for the attention of people who are interested in the improvement of their skills; in order to achieve this differential. With the case study methodology, the objectives are to get knowledge, identify, and analyze the characteristics of the company using analysis tools like SWOT, process analysis, value chain. All with the purpose to get a robust management tool that fits with the requirements and demands of the organization. The analyzed results showed that the principles of collaboration and internal communication were the pillars necessary against any attempt of business development. This supports the proposal of a management structure based on the five step S&OP process. As a complement to this study a methodology CPFR was identified as the platform for an integrated work with the rest of the companies of the supply chain.

  5. The Impact of Economic Parameter Uncertainty Growth on Regional Energy Demand Assessment

    Directory of Open Access Journals (Sweden)

    Olga Vasilyevna Mazurova

    2017-06-01

    Full Text Available The article deals with the forecasting studies based on the energy demand and prices in the region in terms of the complex interconnections between economy (and energy and the growth of uncertainty of the future development of the country and territories. The authors propose a methodological approach, which combines the assessment of the price elasticity of energy demand with the optimization of energy and fuel regional supply. In this case, the price elasticity of demand is determined taking into account the comparison of cost-effectiveness of using different types of fuel and energy by different consumers. The originality of the proposed approach consists in simulating the behaviour of suppliers’ (energy companies and large customers’ (power plants, boiler rooms, industry, transport, population depending on energy price changes, the existing and new technologies, energy-saving activities and restrictions on fuel supplies. To take into account the uncertainty of future economic and energy conditions, some parameters such as prospective technical and economic parameters, price, technological parameters are set as the intervals of possible values with different probability levels. This approach allows making multivariate studies with different combinations of the expected conditions and receiving as a result the range of the projected values of studied indicators. The multivariate calculations show that the fuel demand has a nonlinear dependence on the consumer characteristics, pricing, projection horizon, and the nature of the future conditions uncertainty. The authors have shown that this effect can be significant and should be considered in the forecasts of the development of fuel and energy sector. The methodological approach and quantitative evaluation can be used to improve the economic and energy development strategies of the country and regions

  6. 77 FR 42554 - Surety Companies Acceptable on Federal Bonds-Termination: Peerless Insurance Company (NAIC #24198)

    Science.gov (United States)

    2012-07-19

    ... should be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Termination: Peerless Insurance Company (NAIC 24198) AGENCY: Financial Management Service, Fiscal Service...

  7. 78 FR 62616 - Salmon Creek Hydroelectric Company, Salmon Creek Hydroelectric Company, LLC; Notice of Transfer...

    Science.gov (United States)

    2013-10-22

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Project No. 3730-005] Salmon Creek Hydroelectric Company, Salmon Creek Hydroelectric Company, LLC; Notice of Transfer of Exemption 1. By letter filed September 23, 2013, Salmon Creek Hydroelectric Company informed the Commission that they have...

  8. Aerojet Energy Conversion Company mobile volume reduction system

    International Nuclear Information System (INIS)

    Smith, K.R.

    1984-01-01

    Over the past few years, rapidly increasing costs for the disposal of low level radioactive waste (LLW) have generated the need for utilities to volume-reduce their LLW prior to shipment and burial. Incineration systems have been selected by several utilities to fulfill this need for maximum volume reduction. Until recently, all of the incineration systems selected by utilities were designed to be housed and operated in a facility erected by the utility. Now, however, lack of capital and rising design/erection costs are causing utilities to reevaluate their plans for purchasing incineration systems to process their LLW. The result is a growing demand for incineration services. Once again, Commonwealth Edison Company (Com-Ed) is leading the industry with an ongoing program to utilize incineration services provided by Aerojet Energy Conversion Company (AECC) for the Dresden Quad Cities, LaSalle, and Zion Nuclear Stations. At the stations, combustible dry active waste and contaminated oil will be processed in a Mobile Volume Reduction System (MVRS) designed and fabricated by AECC. The MVRS is a totally self-contained system consisting of a controlled-air incinerator and a liquid offgas cleanup system. No buildings are required to house the system, and the MVRS achieves volume reduction factors similar to systems currently available for permanent in-plant installation. The result is an option for the utility having the benefits of volume reduction without the capital commitment normally required by the utility

  9. Ownership structures of principal petroleum companies in Canada: company profiles - significant events - takeovers and acquisitions

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

    This reference document on ownership structures of principal petroleum companies identifies 'who owns whom' in the Canadian petroleum industry. The publication consists of three chapters. Chapter one, entitled 'Corporate Structures' includes the equity linkages between the energy enterprise and its parents and subsidiaries, names of directors and officers of the company and their ownership of voting shares. Chapter two under the title of 'Significant Events', provides company incorporation and listing data, outlining information on address of the company's head office, the nature of its business, number of employees in Canada, and stock exchanges on which the company equity is listed, stock symbol, high, low and closing prices as of December 31, 1996. Chapter three, entitled 'Takeovers and Acquisitions 1976-1997, provides a list of purchases, mergers and acquisitions and the estimated value of each, where applicable. All information included is provided by the companies themselves

  10. Feeding a fierce demand

    Energy Technology Data Exchange (ETDEWEB)

    Zlontinov, D.

    2008-09-15

    Wolverine is a metallurgical coal mining project located in British Columbia (BC). The Wolverine project is owned by Western, who is currently expanding the project by developing an open pit mine property with a reserve of 18 million tonnes located close to its current mine. The company has purchased several new trucks, front shovel loaders, and blasthole drills, and is now shifting over 65,000 bank cubic meters (BCM) per day. Western is also planning to develop an underground mine in the region. The company has formed contracts and business relationships with several smaller companies in order to allow for more rapid startups of its mining operations. However, the company's expansion has been impeded by shortages in qualified mining personnel. The Wolverine project had been engaged in long-term contracts with the Japanese steel industry. Western has now established a number of relationships with clients in Europe, China, and South Korea. 3 figs.

  11. The European Company : From a Swedish private company perspective

    OpenAIRE

    Öster, Alexandra; Alm, Cecilia

    2006-01-01

    The development within the European Union is that we are heading towards a common internal market. The law has during the year become more harmo-nized within the Union in many areas. The company law within the European Union has become harmonized through several company law directives and the freedom of establishment, which is included in the EC Treaty. The aim of an internal market is about to be achieved, but there are still differences between the systems of law within the Member States. T...

  12. Sales Forecasting System for Newspaper Distribution Companies in Turkey

    Directory of Open Access Journals (Sweden)

    Gencay İncesu

    2012-07-01

    Full Text Available Normal 0 false false false EN-US X-NONE X-NONE st1\\:*{behavior:url(#ieooui } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} Newspapers are like goods with a shelf life of one day and they have to be distributed daily basis to the sales points. A problem that most newspaper companies encounter daily is how to predict the right number of newspapers to print and distribute among distinct sales points. The aim is to predict newspaper demand as accurately as possible to meet customer need with minimum number of returns, missed sales and oversupply. This makes it necessary to develop a short-term forecasting system. The data taken from one of the largest distribution companies in Turkey is time dependent. Therefore, time series analysis is used to forecast newspaper circulation. In this paper, the newspaper sales system is examined for Turkey. Various types of forecasting techniques which are applicable to newspaper circulation planning are compared and a nonlinear approach for returns is applied.

  13. Demand response in energy markets

    International Nuclear Information System (INIS)

    Skytte, K.; Birk Mortensen, J.

    2004-11-01

    Improving the ability of energy demand to respond to wholesale prices during critical periods of the spot market can reduce the total costs of reliably meeting demand, and the level and volatility of the prices. This fact has lead to a growing interest in the short-run demand response. There has especially been a growing interest in the electricity market where peak-load periods with high spot prices and occasional local blackouts have recently been seen. Market concentration at the supply side can result in even higher peak-load prices. Demand response by shifting demand from peak to base-load periods can counteract the market power in the peak-load. However, demand response has so far been modest since the current short-term price elasticity seems to be small. This is also the case for related markets, for example, green certificates where the demand is determined as a percentage of the power demand, or for heat and natural gas markets. This raises a number of interesting research issues: 1) Demand response in different energy markets, 2) Estimation of price elasticity and flexibility, 3) Stimulation of demand response, 4) Regulation, policy and modelling aspects, 5) Demand response and market power at the supply side, 6) Energy security of supply, 7) Demand response in forward, spot, ancillary service, balance and capacity markets, 8) Demand response in deviated markets, e.g., emission, futures, and green certificate markets, 9) Value of increased demand response, 10) Flexible households. (BA)

  14. History of demand side management and classification of demand response control schemes

    NARCIS (Netherlands)

    Lampropoulos, I.; Kling, W.L.; Ribeiro, P.F.; Berg, van den J.

    2013-01-01

    The scope of this paper is to provide a review on the topic of demand side management. A historical overview provides a critical insight to applied cases, while the discovery of new evidence calls for reconsideration of the design of demand response control schemes. The developments at the demand

  15. THE RELATIONSHIP OF COMPANY PERFORMANCE WITH EXTERNAL STAKEHOLDER SATISFACTION (STUDY AT INDUSTRIAL METAL PROCESSING COMPANY IN SULAWESI)

    OpenAIRE

    Amar, Muh Yunus

    2011-01-01

    Attainment of company performance relates to participation of its external stakeholder. External stakeholder here defined as the group which having importance with company and cannot be controlled by company management. Existence of external stakeholder becomes of vital importance and influential to performance and continuity of company life (Kasali, 1990). Therefore, management of the company needs to paying attention more to the importance of the external stakeholder. External stakeholders ...

  16. Quantitative work demands, emotional demands, and cognitive stress symptoms in surgery nurses.

    Science.gov (United States)

    Elfering, Achim; Grebner, Simone; Leitner, Monika; Hirschmüller, Anja; Kubosch, Eva Johanna; Baur, Heiner

    2017-06-01

    In surgery, cognitive stress symptoms, including problems in concentrating, deciding, memorising, and reflecting are risks to patient safety. Recent evidence points to social stressors as antecedents of cognitive stress symptoms in surgery personnel. The current study tests whether cognitive stress symptoms are positively associated with emotional abuse, emotional- and task-related demands and resources in surgery work. Forty-eight surgery nurses from two hospitals filled out the Copenhagen Psychosocial Questionnaire in its German version. Task-related and emotional demands were positively related to cognitive stress symptoms. In a stepwise, multiple, linear regression of cognitive stress symptoms on task-related and emotional demands, emotional abuse and emotional demands were unique predictors (p emotional abuse, emotional demands, and, therefore, communication and cooperation team climate in surgery personnel.

  17. Career adaptability and employee engagement of adults employed in an insurance company: An exploratory study

    Directory of Open Access Journals (Sweden)

    Rebecca Tladinyane

    2016-05-01

    Full Text Available Orientation: As a resiliency resource, career adaptability relates to an individual’s ability to adapt to new work demands and is seen to impact various occupational outcomes such as engagement. Research purpose: The aim of the study was to determine the relationship dynamics between career adaptability (measured by Career Adapt-Abilities Scale and employee engagement (measured by Utrecht Work Engagement Scale. Motivation for the study: As a personal resource, career adaptability enables employees to deal with job demands, facilitating employee engagement. Limited research exists on the impact of career adaptability variables on employee engagement, bearing significant relevance in the current workforce. Research design, approach and method: A quantitative survey was conducted with a convenience sample (N = 131 of employees in an insurance company within South Africa. Main findings/results: Significant positive relationships were found between career adaptability and employee engagement. The results suggest that participants who have experienced higher employee engagement have better developed career adaptability skills. Practical implications: Managers and human resource practitioners need to recognise how people’s career adaptability influences their level of engagement in the organisation. Contribution: This research is the first to investigate the construct of career adaptability in an insurance company and the findings add to the existing career literature and provide valuable information that can be used to inform career development and engagement strategies. Keywords: career adaptability; career development; employee engagement; vocational guidance.

  18. 77 FR 29884 - Assessment of Fees on Large Bank Holding Companies and Nonbank Financial Companies Supervised by...

    Science.gov (United States)

    2012-05-21

    ... holding company's four most recent Consolidated Financial Statements for Bank Holding Companies (FR Y-9C... with total consolidated assets of $50 billion or greater and nonbank financial companies supervised by... financial institutions and insurance companies were critical of the proposed use of total consolidated...

  19. Analyzing Capacity Withholding in Oligopoly Electricity Markets Considering Forward Contracts and Demand Elasticity

    Directory of Open Access Journals (Sweden)

    S. Salarkheili

    2011-12-01

    Full Text Available In this paper capacity withholding in an oligopolistic electricity market that all Generation Companies (GenCos bid in a Cournot model is analyzed and the capacity withheld index, the capacity distortion index and the price distortion index are obtained and formulated. Then a new index, Distortion-Withheld Index (DWI, is proposed in order to measure the potential ability of market for capacity withholding. In these indices the impact of demand elasticity on capacity withholding is considered and it is shown that demand elasticity plays an important role for capacity withholding and market power mitigation. Due to the significant role of forward contracts for market power mitigation and risk hedging in power markets, the impacts of these contracts on capacity withholding are considered. The effects of GenCos’ strategic forward contracts on capacity withholding are also discussed. Moreover, the relationship between capacity withholding of GenCos and market price distortion is acquired. A two-settlement market including a forward market and a spot market is used to describe GenCos’ strategic forward contracting and spot market competition.

  20. Road infrastructure and demand induction

    DEFF Research Database (Denmark)

    Nielsen, Thomas Alexander Sick; Hovgesen, Henrik Harder; Lahrmann, Harry

    2006-01-01

    a long screenline is used to measure the development in aggregate demand in selected corridors. The paper analyses demand induction by establishing time series of aggregate demand that is compared with the national traffic index. Significant trend breaks in the association between aggregate demand...... in the corridors and the national index, following the opening of motorways or bridges, indicates demand induction by infrastructure expansion in a number of instances. Lack of significant trend breaks following opening year is found in peripheral areas where major population centres are missing. This indicates...... the necessity of some latent demand within suitable travel range for new infrastructure elements to produce significant amounts of induced demand. Estimates of demand induction as a percentage of the realised demand five years after opening are between 10% and 67% for new motorway sections depending...

  1. 77 FR 66216 - Union Railroad Company-Corporate Family Merger Exemption-McKeesport Connecting Railroad Company

    Science.gov (United States)

    2012-11-02

    ..., accounting, reporting, and related burdens associated with the maintenance of the two separate corporate... Company--Corporate Family Merger Exemption-- McKeesport Connecting Railroad Company Union Railroad Company... verified notice of exemption under 49 CFR 1180.2(d)(3) for a corporate family transaction pursuant to which...

  2. Preparation of a dynamic simulation system for the prediction of the progress of the energy demand in the production process; Erstellung eines dynamischen Simulationssystems zur Vorhersage des Energiebedarfsverlaufs im Produktionsprozess

    Energy Technology Data Exchange (ETDEWEB)

    Lang, Bastian

    2011-07-01

    The author of contribution under consideration reports on the development of an artificial neural network (ANN) which can predict the demand for electricity and heat of a company in terms of few parameters. A general statement about the predictive ability of artificial neural networks resulted from studies of the literature and from the results of this contribution. The ANNs were developed using the ''MATLAB {sup registered} - Neural Network Toolbox trademark '', and their structures are varied systematically. A thermal simulation model was used as a test object to identify the possible sensitive parameters. The different structures (number of neurons, number of layers, training algorithms, transfer function, etc.) affect the quality of the forecasting. However, these structures are set for each problem individually. ANNs are suitable for the prediction of the energy demand. Thus, already tody companies can reduce costs.

  3. Determinants of the company value

    Directory of Open Access Journals (Sweden)

    Kamila Růžičková

    2011-01-01

    Full Text Available Today, there are many conceptions involving creation of the company value, as it is the main objective for the owners. However, there are still many companies interested primarily in the different company’s objectives and enhance its competitive position differently. The aim of the paper is to present and analyze the viewpoints of Czech and foreign specialists on the issue of company value creation. The paper provides the determination of factors positively influencing the company value, the description of their characteristics, and on the basis of a detailed academic discussion proposes conclusions. Attention is paid especially to the value drivers which are not recorded in the financial documents.The introduction of the paper gives a brief overview of the topic. The paper is divided into three main parts. The first part introduces the effective cost management. It clarifies the concept of the managerial accounting and explains its contribution to the creation of the company value. The second part deals with the external relationships of the company. It focuses on the buyer-supplier relationships and offers the detailed perspective on the specific issue of the agricultural companies and their competitiveness in relation to the land leases. The third part concentrates on the internal company environment, namely on the human capital potential and its effects on the value of the company. In the concluding part, the findings are summarized. Based on the results, the figure describing the determinants and generators of the company value is formed. This figure can be considered a systematic procedure how to create a company value.All findings are supported with the literature review e.g. Armstrong (2007, Fibírová and Šoljaková (2005, Marinič (2008, Petřík (2007 and Porter (2004. Within the paper elaboration, the analysis and synthesis as scientific methods were used for explanation of the experts’ points of view and then summed up as the

  4. Natural gas annual 1993 supplement: Company profiles

    Energy Technology Data Exchange (ETDEWEB)

    1995-02-01

    The Natural Gas Annual provides information on the supply and disposition of natural gas to a wide audience including industry, consumers, Federal and State agencies, and educational institutions. This report, the Natural Gas Annual 1993 Supplement: Company Profiles, presents a detailed profile of 45 selected companies in the natural gas industry. The purpose of this report is to show the movement of natural gas through the various States served by the companies profiled. The companies in this report are interstate pipeline companies or local distribution companies (LDC`s). Interstate pipeline companies acquire gas supplies from company owned production, purchases from producers, and receipts for transportation for account of others. Pipeline systems, service area maps, company supply and disposition data are presented.

  5. The development of demand elasticity model for demand response in the retail market environment

    NARCIS (Netherlands)

    Babar, M.; Nguyen, P.H.; Kamphuis, I.G.

    2015-01-01

    In the context of liberalized energy market, increase in distributed generation, storage and demand response has expanded the price elasticity of demand, thus causing the addition of uncertainty to the supply-demand chain of power system. In order to cope with the challenges of demand uncertainty

  6. Economic and Financial Viability Plan for the Enterpreneurship of a Lyric Theatre Low-Cost Company: The Case of Zarzuela in Spain

    Directory of Open Access Journals (Sweden)

    de Sancha Navarro Jesús Manuel

    2016-11-01

    Full Text Available Taking into account that one of the major handicaps when undertaken in the cultural sector is the problem of cost and demand volatility, this paper aims to implement a viability plan for the entrepreneurship of a lyric theatre low-cost company, dedicated to Zarzuela performance, a type of Spanish music like Opera. Firstly, the cultural sector data are analysed in terms of supply and demand and secondly a viability plan is carried out for three years. According to the results it is concluded that this type of venture is very risky if you do not have grant or other financial resources, due to the variability of demand and the increase in unit costs as the artistic performance has a fixed production technology that cannot absorb the technical progress of the rest of the economy.

  7. Does Capital Structure Influence Company Profitability?

    Directory of Open Access Journals (Sweden)

    Herciu Mihaela

    2017-12-01

    Full Text Available Every company has a different structure of balance sheet. Some of the companies have more liabilities than equity. Considering the industry or debt-to-equity ratio, the balance sheet structure affects the company profitability measured by DuPont system. The main objective of the paper is to analyze the structure of balance sheet and to identify some optimal levels in order to increase company profitability. The DuPont returns like ROA (return on assets and ROE (return on equity will be used to measure the company profitability, while the debt-to-equity ratio will be used as a measure (reflection of capital structure. The samples consist on the most profitable non-financial companies ranked in Fortune Global 500. The companies will be grouped in clusters (based on industry or debt-to-equity ratio in order to identify the signification of the correlation between the profit and the balance sheet structure. The main results of the paper refer to the company profitability that can be increased by using an optimal structure of liabilities and equity.

  8. Human resource policy and Danish multinational companies

    DEFF Research Database (Denmark)

    Fleming, Daniel; Søborg, Henrik

    A study of Danish multinational companies' human resource policy in their subsidiaries in Malaysia and Singapore.The sample of companies consists of 8 Danish multinational companies with activities in both Malaysia and Singapore.......A study of Danish multinational companies' human resource policy in their subsidiaries in Malaysia and Singapore.The sample of companies consists of 8 Danish multinational companies with activities in both Malaysia and Singapore....

  9. Ford foundation report 'too optimistic' on US uranium supplies

    International Nuclear Information System (INIS)

    Marshall, P.

    1977-01-01

    Delegates to the Uranium Institutes London Symposium on supply and demand heard two extremes of opinion over the extent of recovery of uranium reserves from representative of the Ford/Mitre Group and the National Academy of Sciences Panel. The Ford/Mitre group were accused of taking too optimistic a view. A more pessimistic attitude was shown by the Academy studies whose figures for projected annual uranium production, and uranium requirements are quoted. (U.K.)

  10. Function and Content of Maternal Demands: Developmental Significance of Early Demands for Competent Action.

    Science.gov (United States)

    Kuczynski, Leon; Kochanska, Grazyna

    1995-01-01

    Examined mothers' demands during mothers' interactions with their 1.5- to 3.5-year olds. Mothers with authoritative child-rearing attitudes emphasized proactive, competence-oriented demands and avoided regulatory control. Maternal demands for competent action predicted fewer behavior problems in their children at age five; maternal demands focused…

  11. Classified model and characteristics of strategies at tourist companies

    Directory of Open Access Journals (Sweden)

    I.V. Saukh

    2017-12-01

    Full Text Available The research is devoted to the assessment of the scientific approaches to the identification of classification features of the strategy and its types distinguished in accordance with the mentioned features. The research object is the activities of tourist companies and this determines the choice of strategies typical for the tourism field. It is substantiated that the scientific approaches to the classification of strategies are various in specific literature because of obscurity in the strategy definition, vagueness and plurality of its classified features. Due to the current research the authors have improved the classified model of strategies for tourist companies that will result in making effective management decisions directed to the development of enterprise potential under conditions of unstable and unpredictable external environment. The paper singles out the peculiarities of functioning the tourism branch, which are the following : high sensitivity to the changes in external environment; the high level of competition in the field; dynamics and the lack of necessity for the use of «far-seeing» strategies; insufficiency of information provision for the application of traditional western models and matric methods of strategy development; time gap between obtaining the service and its consumption; a great number of intermediaries; seasonal swings in demands; the sudden shift of external environment caused by cyclicity, globalization, political decisions of separate countries and etc. The article shows essential differences in the development of financial strategies of small-scale enterprises and stock companies of tourist business. It is substantiated that small-scale enterprises develop strategies directed to a higher level of personal services, occupational competence, ability and experience in designing, the best knowledge of regional conditions and flexible decisions caused by the peculiarities of the received orders. Taking into

  12. National companies : performance, ventures, utility

    International Nuclear Information System (INIS)

    Didier, F.

    1994-01-01

    The author shows how a performing National Company can efficiently contribute, in line with the producing State, to the negotiation with International Companies and the success of large oil ventures contemplated by reserves-short countries. Fully entrepreneurial, the National Company will usefully ''explore'' touchy matters, and bring closer national rationale and petroleum rationale. (Author)

  13. Distributed generation solutions: changes and opportunities for distribution companies

    International Nuclear Information System (INIS)

    Chuddy, B.

    2004-01-01

    'Full text:' The rapid expansion of hydrogen based power alternatives and other significant distributed generation (DG) alternatives is changing the traditional role of the local electricity distributor. This presentation is about opportunities related to incorporating such facilities into LDC and client distribution systems. This ranges from support of large co-generation facilities, such as that under development at Mississauga's Pearson International, to the integration of output from varied new forms small-scale, wind, biomass, and fuel cell power production within local distribution networks. Mr. Chuddy will examine Enersource's present and anticipated role: (1) as a technologies company aiding in developing distribution systems that integrate and fully utilize DG technology into those models and; (2) as an LDC that continues to lead the conservation movement on several fronts, including advocacy of aggregated demand response mechanisms in Ontario's wholesale market design. (author)

  14. On-Demand Telemetry

    Data.gov (United States)

    National Aeronautics and Space Administration — AFRC has previously investigated the use of Network Based Telemetry. We will be building on that research to enable On-Demand Telemetry. On-Demand Telemetry is a way...

  15. Money Demand in Latvia

    OpenAIRE

    Ivars Tillers

    2004-01-01

    The econometric analysis of the demand for broad money in Latvia suggests a stable relationship of money demand. The analysis of parameter exogeneity indicates that the equilibrium adjustment is driven solely by the changes in the amount of money. The demand for money in Latvia is characterised by relatively high income elasticity typical for the economy in a monetary expansion phase. Due to stability, close fit of the money demand function and rapid equilibrium adjustment, broad money aggreg...

  16. 26 CFR 1.831-3 - Tax on insurance companies (other than life or mutual), mutual marine insurance companies, mutual...

    Science.gov (United States)

    2010-04-01

    ... mutual), mutual marine insurance companies, mutual fire insurance companies issuing perpetual policies, and mutual fire or flood insurance companies operating on the basis of premium deposits; taxable years... fire insurance companies issuing perpetual policies, and mutual fire or flood insurance companies...

  17. Trade Companies and their Classification

    Directory of Open Access Journals (Sweden)

    P. Tărchilă

    2013-12-01

    Full Text Available The Romanian legislation does not define anyhow the concept of companies. It was the merit of the doctrine, which attempted such a definition, starting usually from the provisions of the Civil Code, which in art. 1491 defines the civil society, for the purpose of the memorandum of the association1. For that matter, also in the specialized foreign doctrine (ex. the French doctrine companies are defined based on similar concepts, but standardized by the Civil Code. The two meanings that the company has to be regarded through, also explain the very specific legal matter, a matter of concepts resulting from understanding the concept of memorandum of association and the company-institution. Thus, the contractual conception, imposed by the development of the contract theory in the last century, explains the existence of the companies starting from the validity conditions imposed to any contract and from the contractual techniques that establish the relationships formed within the society (for example, the company management is based on a mandate contract under which the executive operates.

  18. 12 CFR 225.82 - How does a bank holding company elect to become a financial holding company?

    Science.gov (United States)

    2010-01-01

    ... holding company to become a financial holding company shall not be effective if, during the period...) Effective date of election—(1) In general. An election filed by a bank holding company under paragraph (a... financial holding company is effective prior to the 31st day after the date that a complete declaration was...

  19. Company analysis

    DEFF Research Database (Denmark)

    Jenster, Per V.; Hussey, David

    This volume looks at the company appraisal as a whole, examining the continuing need to appraise companies as part of the continuing strategy process. Building from a sound basis of theory, the text aims to be practical and to give guidance to senior managers and others involved in the strategy...... process. It is thus a book primarily aimed at managers, but should also be useful for MBA students undertaking strategy assignments It provides helpful, practical guidance and identifies weaknesses of traditional methods. It also presents a variety of tools which may be used in the appraisal process...

  20. Exports of company: SWOT-analysis, product strategy and sales targets

    International Nuclear Information System (INIS)

    Hammer, Hele

    1998-01-01

    Despite its smallness Estonia has a good chance to enjoy a success in the international peat market, due to the favourable geographical location and well developed peat industry. There are numerous harbours, low wages and salaries, and a good educational background in Estonia. Moreover, Estonian economy is aiming at a competitive market economy. Peat exports represent a great opportunity to improve the balance of payments, create jobs, support the State through the taxes paid, meet the needs of foreign customers, earn a profit for Estonian peat companies and better Estonian standard of living. When preparing this paper, marketing textbooks and professional articles of interest were used. The working experience of one of Estonian peat companies and acquired practical knowledge have also been of help throughout the thesis. In general, it may be expected that Estonian peat exports will increase in the next few years. The Netherlands and Germany will remain the main target countries, also France, Belgium and the United Kingdom are important. The exports to Italy will, for sure, increase, to the Middle-East these will be quite likely. The Far East is also a potential market, especially Korea and Japan. Peat marketing is based on the following premises: the demand for peat is a derived demand, being dependent on that for the end-products. The number of customers is small and their decisions are rational. Estonian peat producers also have to face the fact that the production needs to be marketed mostly abroad. While considering the product strategy, the conclusion was that with peat the least cost strategy is easily applicable. Possibilities for differentiation are almost next to nothing (except in case of packaging or transportation services). Possibilities will widen when the production of potting soils is launched. Most Estonian peat firms sell peat and products thereof through foreign wholesalers, some of them render also transportation services and this is well