Approach and process for stock assessment in the South East Fishery, Australia: a perspective

2001 ◽  
Vol 52 (4) ◽  
pp. 671 ◽  
Author(s):  
David C. Smith ◽  
Anthony D. M. Smith ◽  
André E. Punt
Keyword(s):  
Interest Groups ◽  
Stock Assessment ◽  
Stakeholder Involvement ◽  
Assessment Process ◽  
The South ◽  
Government Organizations ◽  
Advantages And Disadvantages ◽  
The Cost

The stock assessment process in the South East Fishery involves scientists, industry, fishery managers, economists and non-government organizations. A comparison with such processes in other countries, where stakeholder involvement ranges from government scientists only to involvement of scientists, industry and conservation non-government organizations, suggests that Australia is the only country in which fishery managers are active and integral stock-assessment participants. In Australia, as in several other countries, the form of advice is comparative (consequences of alternative decisions) rather than prescriptive. Although all approaches have advantages and disadvantages, the South East Fishery process has advantages that appear to clearly outweigh the disadvantages. The advantages include better communication among interest groups, improved ownership of and hence support for outcomes and better interactions among groups. The disadvantages include the cost of the process, lack of consistency among assessments, vulnerability of scientists and the frustrations of industry.

A complex quota-managed fishery: science and management in Australia's South East Fishery. Introduction and overview

2001 ◽  
Vol 52 (4) ◽  
pp. 353 ◽  
Author(s):  
Anthony D. M. Smith ◽  
David C. Smith
Keyword(s):  
Interest Groups ◽  
Stock Assessment ◽  
Stakeholder Involvement ◽  
Assessment Process ◽  
The South ◽  
Government Organizations ◽  
Advantages And Disadvantages ◽  
Fishery Science ◽  
The Cost

The stock assessment process in the South East Fishery involves scientists, industry, fishery managers, economists and non-government organizations. A comparison with such processes in other countries, where stakeholder involvement ranges from government scientists only to involvement of scientists, industry and conservation non-government organizations, suggests that Australia is the only country in which fishery managers are active and integral stock-assessment participants. In Australia, as in several other countries, the form of advice is comparative (consequences of alternative decisions) rather than prescriptive. Although all approaches have advantages and disadvantages, the South East Fishery process has advantages that appear to clearly outweigh the disadvantages. The advantages include better communication among interest groups, improved ownership of and hence support for outcomes and better interactions among groups. The disadvantages include the cost of the process, lack of consistency among assessments, vulnerability of scientists and the frustrations of industry.

Contested stock assessment: two case studies

1998 ◽  
Vol 55 (2) ◽  
pp. 529-537 ◽  
Author(s):  
Paul Starr ◽  
John H Annala ◽  
Ray Hilborn
Keyword(s):  
Interest Groups ◽  
Peer Review ◽  
Case Studies ◽  
Oncorhynchus Tshawytscha ◽  
Pacific Salmon ◽  
Stock Assessment ◽  
Assessment Process ◽  
Commercial Fishing ◽  
Assessment Procedure ◽  
The Pacific

We describe two case studies where scientists representing alternative interest groups worked together to attempt to resolve scientific issues of fisheries assessments. In several fisheries in New Zealand, commercial fishing interests hired consultants to review governmental assessments. In some of these fisheries, the two sides provided alternative competing assessments; in other fisheries, there was a cooperative agreed-upon assessment. In the analysis of chinook salmon (Oncorhynchus tshawytscha) within the Pacific Salmon Treaty, scientists representing all parties agreed upon an assessment procedure and developed it over a number of years. Such contested assessments provide a number of benefits including (i) intense peer review, (ii) the ability to bring data from all parties into the assessment process, and (iii) better understanding and trust of the assessments by the different interest groups. Effective peer review requires repeating the calculations associated with data sources and assessment models. We suggest that contested assessments, despite the extra cost, are highly valuable, as they provide a substantially improved standard of assessment. Contested assessments will evolve towards cooperative analysis unless participating parties feel that the cooperative assessment is counter to their perceived interests.

Main approaches to estimating the cost of shareholder equity of oil and gas producers

2020 ◽  
Vol 26 (3) ◽  
pp. 685-697
Author(s):  
O.V. Shimko
Keyword(s):  
Oil And Gas ◽  
Oil Prices ◽  
Minimum Cost ◽  
Free Cash Flow ◽  
Annual Reports ◽  
Comparative Approach ◽  
Economic Activities ◽  
Advantages And Disadvantages ◽  
Oil And Gas Producers ◽  
The Cost

Subject. The study analyzes generally accepted approaches to assessing the value of companies on the basis of financial statement data of ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum, Devon Energy, Anadarko Petroleum, EOG Resources, Apache, Marathon Oil, Imperial Oil, Suncor Energy, Husky Energy, Canadian Natural Resources, Royal Dutch Shell, Gazprom, Rosneft, LUKOIL, and others, for 1999—2018. Objectives. The aim is to determine the specifics of using the methods of cost, DFC, and comparative approaches to assessing the value of share capital of oil and gas companies. Methods. The study employs methods of statistical analysis and generalization of materials of scientific articles and official annual reports on the results of financial and economic activities of the largest public oil and gas corporations. Results. Based on the results of a comprehensive analysis, I identified advantages and disadvantages of standard approaches to assessing the value of oil and gas producers. Conclusions. The paper describes pros and cons of the said approaches. For instance, the cost approach is acceptable for assessing the minimum cost of small companies in the industry. The DFC-based approach complicates the reliability of medium-term forecasts for oil prices due to fluctuations in oil prices inherent in the industry, on which the net profit and free cash flow of companies depend to a large extent. The comparative approach enables to quickly determine the range of possible value of the corporation based on transactions data and current market situation.

A study of cane supply benefits associated with ad hoc mechanical harvesting to mitigate cutter absenteeism

2013 ◽  
pp. 532-538 ◽  
Author(s):  
Muhammad Kadwa ◽  
Carel N Bezuidenhout
Keyword(s):  
Supply Chain ◽  
South African ◽  
Ad Hoc ◽  
Sugar Mill ◽  
The South ◽  
Optimum Performance ◽  
Kwazulu Natal ◽  
Cane Quality ◽  
The Cost

The Eston Sugar Mill is the newest in the South African KwaZulu-Natal sugar belt. Like most other mills, it can be argued that there are inefficiencies in the supply chain due to systematic issues, which reduce optimum performance. It was alleged that mill processes are slowed, or stopped, on Sundays, Mondays, as well as some Tuesdays and Wednesdays, due to pay-weekends, because of the associated cutter absenteeism. This increases the length of the milling season (LOMS), increases milling costs and reduces the average cane quality for the season. Data on cane deliveries to the Eston Mill, over a period of five seasons, were analysed to study the magnitude of the problem. It was statistically verified that cane shortages occur immediately after payweekends and it was conservatively estimated that cutter absenteeism occurs between 25–29 days per season, which increases the LOMS by six to ten days. The associated cost of this problem equated to an average of US$159,500 (approximately EUR120,000) per milling season. In this paper, an alternative harvesting system scenario is suggested, assuming that mechanical harvesters be used after a pay-weekend, to mitigate the impacts of cutter shortages. However, the solution is calculated to be risky. When the cost of new equipment was considered, only two of the five seasons were able to justify the associated costs.

Classification of the factors forming the cost of the web-site

2017 ◽  
Vol 31 (2) ◽  
pp. 82-89
Author(s):  
E. S. Epifanov
Keyword(s):  
Web Site ◽  
Internet Site ◽  
Advantages And Disadvantages ◽  
Major Factors ◽  
The Cost ◽  
The Web

This article presents a classification of major factors that shape the cost of Internet site. Also discusses the limitations in determining the objectives of the web site; advantages and disadvantages of different factors.

scholarly journals Advances in Applying Computer-Aided Drug Design for Neurodegenerative Diseases

2021 ◽  
Vol 22 (9) ◽  
pp. 4688
Author(s):  
Mootaz M. Salman ◽  
Zaid Al-Obaidi ◽  
Philip Kitchen ◽  
Andrea Loreto ◽  
Roslyn M. Bill ◽  
...  
Keyword(s):  
Drug Design ◽  
Neurodegenerative Diseases ◽  
Docking Studies ◽  
New Drugs ◽  
Computer Aided Drug Design ◽  
Biological Assays ◽  
Advantages And Disadvantages ◽  
Computer Aided ◽  
Research Challenge ◽  
The Cost

Neurodegenerative diseases (NDs) including Alzheimer’s disease, Parkinson’s disease, amyotrophic lateral sclerosis, and Huntington’s disease are incurable and affect millions of people worldwide. The development of treatments for this unmet clinical need is a major global research challenge. Computer-aided drug design (CADD) methods minimize the huge number of ligands that could be screened in biological assays, reducing the cost, time, and effort required to develop new drugs. In this review, we provide an introduction to CADD and examine the progress in applying CADD and other molecular docking studies to NDs. We provide an updated overview of potential therapeutic targets for various NDs and discuss some of the advantages and disadvantages of these tools.

scholarly journals Energy Regulator Supply Restoration Time

Energies ◽  
2019 ◽  
Vol 12 (6) ◽  
pp. 1051 ◽  
Author(s):  
Mohd Muhammad Ridzuan ◽  
Sasa Djokic
Keyword(s):  
Operating Conditions ◽  
Repair Time ◽  
Assessment Process ◽  
Network Reconfiguration ◽  
Advantages And Disadvantages ◽  
Action Time ◽  
Restoration Time ◽  
Network Operation ◽  
Time Substitution ◽  
Network Component

In conventional reliability analysis, the duration of interruptions relied on the input parameter of mean time to repair (MTTR) values in the network components. For certain criteria without network automation, reconfiguration functionalities and/or energy regulator requirements to protect customers from long excessive duration of interruptions, the use of MTTR input seems reasonable. Since modern distribution networks are shifting towards smart grid, some factors must be considered in the reliability assessment process. For networks that apply reconfiguration functionalities and/or network automation, the duration of interruptions experienced by a customer due to faulty network components should be addressed with an automation switch or manual action time that does not exceed the regulator supply restoration time. Hence, this paper introduces a comprehensive methodology of substituting MTTR with maximum action time required to replace/repair a network component and to restore customer duration of interruption with maximum network reconfiguration time based on energy regulator supply requirements. The Monte Carlo simulation (MCS) technique was applied to medium voltage (MV) suburban networks to estimate system-related reliability indices. In this analysis, the purposed method substitutes all MTTR values with time to supply (TTS), which correspond with the UK Guaranteed Standard of Performance (GSP-UK), by the condition of the MTTR value being higher than TTS value. It is nearly impossible for all components to have a quick repairing time, only components on the main feeder were selected for time substitution. Various scenarios were analysed, and the outcomes reflected the applicability of reconfiguration and the replace/repair time of network component. Theoretically, the network reconfiguration (option 1) and component replacement (option 2) with the same amount of repair time should produce exactly the same outputs. However, in simulation, these two options yield different outputs in terms of number and duration of interruptions. Each scenario has its advantages and disadvantages, in which the distribution network operators (DNOs) were selected based on their operating conditions and requirements. The regulator reliability-based network operation is more applicable than power loss-based network operation in counties that employed energy regulator requirements (e.g., GSP-UK) or areas with many factories that required a reliable continuous supply.

Pipeline Corrosion Integrity Management by Direct Assessment

2015 ◽  
Author(s):  
Shailesh Javia
Keyword(s):  
Integrated Approach ◽  
Assessment Process ◽  
Regulatory Requirements ◽  
Integrity Assessment ◽  
Advantages And Disadvantages ◽  
Direct Assessment ◽  
Pipeline Segment ◽  
Integrity Management ◽  
Post Assessment ◽  
Pipeline Corrosion

Integrity management of pipelines is a systematic, comprehensive and integrated approach to proactively counter the threats to pipeline integrity. Pressure testing, in-line inspection and direct assessment methods are used to verify the integrity of a buried pipeline. The Paper Discuses Direct Assessment Methodologies for Hydrocarbon Non Piggable Pipelines. Advantages and Disadvantages of Direct Assessment methodology and DA Protocols. The DA process accomplishes this by utilizing and integrating condition monitoring, effective mitigation, meticulous documentation and timely structured reporting processes. DA is a structured, iterative integrity assessment process through which an operator may be able to assess and evaluate the integrity of a pipeline segment. TIME DEPENDENT THREATS INEVITABLY LED TO NUMEROUS FAILURES WITH A COMMON DEFINING MECHANISM OR SOURCE – CORROSION. This Paper will focus on internal, external and stress corrosion cracking direct assessment along with pre and post assessment, quality assurance, data analysis and integration, and remediation and mitigation activities. This paper will discuss some of the regulatory requirements for Pipeline Integrity Management System.

Socio-economic preconditions of resort agglomerations development in the south of Russia

2018 ◽  
Vol 10 (4) ◽  
pp. 467-477 ◽  
Author(s):  
Matvey S. Oborin ◽  
Irina Kozhushkina ◽  
Tatyana Gvarliani ◽  
Nikolay Ivanov
Keyword(s):  
Natural Resource ◽  
Federal District ◽  
Tourism Industry ◽  
Infrastructure Development ◽  
The South ◽  
Health Tourism ◽  
Resource Potential ◽  
Content Type ◽  
Advantages And Disadvantages ◽  
The Impact

Purpose This paper aims to analyze the modern problems and the main trends of development of the health-improving tourism sector in the southern part of Russia and to identify significant factors in overcoming the complex challenges related to specific socio-economic conditions in the study area. Design/methodology/approach The material that served as the basis of the study comprises statistical data from the Southern Federal District and its subjects, as well as data about the development of tourism infrastructure on the official websites of governments, Ministry of Tourism and the population of the Southern Federal District. This information was systematized from a number of perspectives, including identification of the chronology of health-improving tourism infrastructure development in the chosen territory, as well as the advantages and disadvantages in this area. Based on the results of the study, the authors also developed some recommendations to overcome existing inactive trends in the field of health tourism. Findings This paper sheds light on the understanding of the challenges and changes that took place in the resort agglomerations of the south of Russia in terms of current issues and those that must be addressed in the coming years. It was concluded that health tourism in the south of Russia has old traditions based on the natural resource potential of territories that are included in the composition of the Southern Federal District. At the same time, the authors came to the conclusion that, unfortunately, not resort agglomerations are fully utilized. Furthermore, some historic resorts were not well maintained by local authorities and have suffered more recently because of lack of investment. At present, the financial results of health resorts and others related to health-improving tourism are precarious as most operations are unprofitable, and so complex decisions are needed to address the underlying problem of resource optimization because of the important social and economic role of the cities in this region. They have special natural and resource potential and preserve traditions related to health-improving tourism. Research limitations/implications The paper provides a conceptual analysis based on limited empirical data combined with some directions for further research. Originality/value The paper attempts to reveal the impact of social, economic and geopolitical factors, both negative and positive, on the development of the health-improving tourism segment, restructuring of the Russian tourism market and the emergence of promising opportunities and new directions for development. The findings also provide insights for practitioners and researchers, and the tourism industry can draw on this analysis to guide the development of strategy, increase investment attractiveness, make more effective use of the natural resource potential and maintain pressure on government partners to provide support to tourism.

Perhitungan Harga Pokok Produksi (Cost) Hasil Produk Inovatif UMKM Desa Kemuning Ngargoyoso Jawa Tengah

2021 ◽  
Vol 2 (2) ◽  
pp. 89-96
Author(s):  
Lailah Fujianti ◽  
Shinta Budi Astuti ◽  
Rizki Ramadhan Putra Yasa
Keyword(s):  
Local Government ◽  
Raw Materials ◽  
Production Costs ◽  
The South ◽  
The West ◽  
The North ◽  
Central Java ◽  
Innovative Products ◽  
The Cost ◽  
Central Java Province

Abstrak   Kemuning adalah desa di kecamatan Ngargoyoso, Kabupaten Karanganyar, Provinsi Jawa Tengah. Secara geografis batas Desa Kemuning  sebelah barat berbatasan dengan Desa Ngargoyoso, sebelah timur berbatasan dengan Desa Segoro Gunung, sebelah Utara  berbatasan Kecamatan Jenawi dan sebelah selatan berbatasan Desa Girimulyo. Desa ini memiliki Misi yang ingin diwujudkan  yaitu Desa Wisata. Pemerintah setempat  memberikan pelatihan untuk membuat produk inovatif guna melengkapi kebutuhan sebagai desa wisata kepada pelaku UMKM dan Penrajin. Produk Inovatif tersebut akan dijual kepada pengunjung wisata sebagai oleh-oleh. Akan tetapi pelaku UMKM dan Penrajin memiliki kelemahan pembukuan usaha terlebih lagi dalam penetuan biaya produksi produk inovatif. Mereka hanya memperhitungkan biaya bahan baku sebagai komponen biaya produksi.   Tim pengabdian FEB Universitas melaksanakan pengabdian  untuk memberikan materi mengenai konsep perhitungan biaya produksi yang dilakukan dengan interaktif.     Kata Kunci: Desa Kemuning, Harga Pokok Poduksi, Smart Village   Abstract:  Kemuning Villages is one of the villages located in Ngargoyoso district, Karanganyar Regency, Central Java Province. Geographically, Kemuning Village is bordered to the west by Ngargoyoso Village, to the east by Segoro Gunung Village, to the north by Jenawi District and to the south by Girimulyo Village. Kemuning village has a mission to be realized, namely the Tourism Village. The local government provides training to make innovative products to complement the needs of a tourism village for MSMEs and craftsmen. These innovative products will be sold to tourist visitors as souvenirs. However, SMEs and craftsmen have weaknesses in business bookkeeping, especially in determining the cost of producing innovative products. They only take into account the cost of raw materials as a component of production costs. The Team from FEB University Pancasila carried out the service to provide material on the concept of calculating production costs which was carried out interactively.     Keywords: Desa Kemuning, Cost of Good Sold, Smart Village

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