Cash Flow Fixing: A New Approach to Economic Downturn (Small and Medium Size Enterprises)

Author(s):  
Lious Agbor Tabot Ntoung ◽  
Irene Pison Fernandez ◽  
Pilar F. Cibran
2006 ◽  
Vol 10 ◽  
pp. 153-162 ◽  
Author(s):  
G. Lanza ◽  
Jürgen Fleischer ◽  
Daniel Ruch

With a novel extrusion process which is investigated in the Collaborative Research Center Transregio 10 (SFB/TR10), it is possible to manufacture spatially curved aluminum profiles. This process is the base for an automated small and medium size batch production of light-weight frame structures. For the handling and machining of the spatially curved profiles, highly flexible machines and manufacturing equipment are needed. Today’s automated process chains do not reach a sufficient flexibility. This article introduces a new approach to handle and machine spatially curved profiles using a flexible gripping and clamping system. Firstly, the requirements concerning the process comprehensive gripping technology, which have to be fulfilled for a flexible small and medium batch production of light-weight frame structures, are specified. Subsequently, the function and design of a flexible gripping and clamping system are described. Furthermore, metrological processes to maintain a once reached condition of order during the entire process chain are depicted.


Materials ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 279
Author(s):  
Farshad Abbasi ◽  
Alex Sarasua ◽  
Javier Trinidad ◽  
Nagore Otegi ◽  
Eneko Saenz de Argandoña ◽  
...  

Today’s stamping simulations are realized by ignoring the elastic deformation of the press and tooling system through the assumption of a rigid behavior and a perfect press stroke. However, in reality, the press and tool components deform elastically and are one of the major error sources for the final adjustment and blue-spotting of the dies. In order to tackle this issue, a new approach is proposed in this study that substitutes the press stiffness by means of a substitutive model composed of cost-effective shell and beam elements. The substitute model was calibrated using full-scale measurements, in which a 20,000 kN trial press was experimentally characterized by measuring its deformation under static loads. To examine the robustness of the substitute model, a medium-size tool and a large-size tool were simulated together with the substitutive model. To this end, a B-pillar tool was re-machined based on the substitute-model results and a new cambering procedure was proposed and validated throughout the blue-painting procedure. The newly developed substitute model was able to replicate the global stiffness of the press with a high accuracy and affordable calculation time. The implementation of the findings can aid toolmakers in eliminating most of the reworking and home-line trials.


1966 ◽  
Vol 70 (668) ◽  
pp. 814-818
Author(s):  
R. W. E. Willis

A Vehicle Millemile is a 1000-mile unit of flight production. A big jet may cost in total £1500 to fly 1000 statute miles or 1 VMM.If 6 tons of passengers (or 60 passengers and their free baggage) earn £200/Paxton Ton-Millemile x 6=£1200, and the revenue from 3 tons of cargo is £100/Load Ton-Millemile x 3=£300, it is simple economics to see that this “mix” will provide breakeven with 9 tons load on board and a total revenue mix of £1200 + £300=£1500/VMM or per 1000 miles. A big jet flying 1600 VMMs per annum at £1500/VMM costs £2.4m and the above passenger and cargo ton factors would provide sufficient revenue to break even.In a few seconds, therefore, we have ascertained the composite “mix” of load and revenue needed to meet the cost of flying the aircraft 1000 miles, and the answers are far more enlightening than saying that an average 60 passengers are carried at 4.8 d/PM and 2721 kg of cargo are carried at 24 d/LTM.The fact that many medium size or small airlines have route stagelengths of less than one Vehicle Millemile at 500 miles or 200 miles makes no difference to the validity of ease of application of VMM Economics, but its great value Jies in the study of intercontinental big jet operations, SST analysis, sub-orbital flight and even interplanetary flight costing.


2017 ◽  
Vol 15 (3) ◽  
pp. 295-305
Author(s):  
Hoppi Yoon

Yuhan is a small-and-medium-size pharmaceutical manufacturing company in South Korea (Korea). It is well known in the industry as a paragon of credibility and sustainability. Concerning the small-but-powerful firm’s remarkable triumph, over the past two decades, a number of academics and researchers have examined the model of management within the context of business management. Yet the firm’s corporatist management in terms of validity should be considered beyond the area of business administration. Unlike previous academic works, this paper assesses the Yuhan experiments within the context of corporate corporatism. The chief argument of this new approach is that corporatism and solidarity grounded Yuhan campaign (stark contrast concepts of neoliberal management) may offer meaningful lessons for the neoliberalism embedded Korean commercial society. While infrastructural conditions of both the public and private sectors are feeble to upheld corporatism, Yuhan style corporate corporatism, as a harbinger of social democratic corporatism, could be an alternative model to supplement such weakness. In rivalry with neoliberal campaigns that persistently creates social polarization and disunity; the solidarism-based Yuhan model would work a solution to overcome threadbare safety net for working and lower middle class in Korean society.


2021 ◽  
Author(s):  
Ercan AKAN ◽  
Kasım KİRACI

Abstract This study aims to propose a novel model for the determination of depreciation in an environment of uncertainty. In the study, amortization methods were revised through Interval Type-2 Fuzzy (IT2FSs), and a new approach was proposed for investors to make decisions in an environment of cash flow is uncertainty. In the study, we provide options among different depreciation alternatives in the future investment decisions of maritime companies through the revision of the straight-line depreciation method and the double-declining balance depreciation method. The fuzzy depreciation alternatives we suggest in our study are not only suitable for maritime companies, but also companies in different industries.


2020 ◽  
Vol 54 (2/2020) ◽  
pp. 263-279
Author(s):  
MIRNEZAMI SEYED ALI ◽  
MOUSAVI SEYED MEYSAM ◽  
ANTUCHEVICIENE JURGITA ◽  
MOHAGHEGHI VAHID

Energies ◽  
2021 ◽  
Vol 14 (18) ◽  
pp. 5795
Author(s):  
Janusz Kulejewski ◽  
Nabi Ibadov ◽  
Jerzy Rosłon ◽  
Jacek Zawistowski

This study concerns the use of the critical chain method to schedule the construction of renewable energy facilities. The critical chain method is recognized as a useful project management tool, transforming a stochastic problem of uncertainty in activity durations into a deterministic one. However, this method has some shortcomings. There are no clear principles of grouping non-critical activities into feeding chains. Another ambiguity is sizing the feeding buffers with regard to the topology of the network model and the resulting dependencies between activities, located in different chains. As a result, it is often necessary to arbitrarily adjust the calculated sizes of feeding buffers before inserting them into the schedule. The authors present the new approach to sizing the time buffers in the schedule, enabling a quick assessment of the quality of a given solution variant and finding a solution that best meets the established criteria, conditions, and constraints. The essence of the presented approach is the two-step sizing of time buffers with the use of deterministic optimization and stochastic optimization techniques. Taking into account construction management needs, the optimization criteria are based on the construction project cash flow analysis. The effectiveness of the presented approach is illustrated by an example of developing a wind power plant construction schedule. According to the results, the presented approach ensures the protection of the scheduled completion date of the construction and the stability of the schedule.


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