Cost Reduction, Informational Efficiency, and Prices of Options

2016 ◽  
Author(s):  
Sophie X. Ni
Keyword(s):  
Cost Reduction ◽  
Informational Efficiency

Implementasi Analisis Proses Bisnis Sebagai Upaya Pengurangan Biaya

2019 ◽  
Vol 10 (1) ◽  
pp. 1-27
Author(s):  
Aniek Wijayanti
Keyword(s):  
Business Process ◽  
Cost Reduction ◽  
Process Analysis ◽  
Value Added ◽  
Added Value ◽  
Natural Material ◽  
Management Activity ◽  
Procurement Process ◽  
Material Procurement ◽  
The Cost

Business Process Analysis can be used to eliminate or reduce a waste cost caused by non value added activities that exist in a process. This research aims at evaluating activities carried out in the natural material procurement process in the PT XYZ, calculating the effectiveness of the process cycle, finding a way to improve the process management, and calculating the cost reduction that can achieved by activity management. A case study was the approach of this research. The researcher obtained research data throughout deep interviews with the staff who directly involved in the process, observation, and documentation of natural material procurement. The result of this study show that the effectiveness of the process cycle of natural material procurement in the factory reached as much as 87,1% for the sand material and 72% for the crushed stone. This indicates that the process still carry activities with no added value and still contain ineffective costs. Through the Business Process Mechanism, these non value added activities can be managed so that the process cycle becomes more efficient and cost effectiveness is achieved. The result of the effective cycle calculation after the management activities implementation is 100%. This means that the cost of natural material procurement process has become effective. The result of calculation of the estimated cost reduction as a result of management activity is as much as Rp249.026.635,90 per year.

Cost Reduction for Mobile communication using Check Manager Method

2019 ◽  
Vol 7 (3) ◽  
pp. 495-501
Author(s):  
Debabrata Sarddar ◽  
Pinaki Das ◽  
Rajat Pandit
Keyword(s):  
Mobile Communication ◽  
Cost Reduction

IMPROVEMENT OF THE HYDRAULIC EXCAVATOR BUCKET DESIGN

2019 ◽  
Vol 16 (3) ◽  
pp. 202-213 ◽  
Author(s):  
G. G. Buriy ◽  
V. S. Shherbakov ◽  
S. B. Skobelev ◽  
V. F. Kovalevskiy
Keyword(s):  
Cost Reduction ◽  
Production Costs ◽  
Hydraulic Excavator ◽  
Engineering Structures ◽  
Excavator Bucket ◽  
Productivity Increase ◽  
Hydraulic Excavators ◽  
Reducing Costs ◽  
Rational Operation ◽  
Resistance Forces

Introduction.Construction of engineering structures is impossible without building and road machines. The large volume of financing is allocated for such machines’ purchase. The main ways of reducing costs of the equipment consist in more rational operation of the equipment and also in decrease of equipment’s cost by constructive changes. The paper demonstrates the new design of the single-bucket hydraulic excavator with smaller cost.Materials and methods.The main ways of cost reduction for construction machines are more rational operation and depreciation of a design with the required characteristics’ maintaining. The paper describes constructive changes of the working equipment of the single-bucket hydraulic excavator, which allow decreasing the production costs.Results.The authors describe the new bucket design of the single-bucket hydraulic excavator. Moreover, the authors carry out the analysis of the existing buckets’ design. The paper also illustrates the functioning on bucket forces while digging process. The authors describe the solutions of the problem for productivity increase of the single-bucket in hydraulic excavators. In addition, the authors make the scheme of the bucket loading while digging process. Such scheme helps to reduce resistance forces of digging.Discussion and conclusions.As a result, the paper presents the design of the working equipment of the hydraulic excavator’s single-bucket, which allows reducing resistance forces of digging. Such results would help to establish buckets of bigger capacity and would lead to the productivity increase.

PROFESSIONAL TRAINING OF ELECTRONICS ENGINEERS: APPLYING US EXPERICENCE TO UKRAINAN HIGHER EDUCATION INSTITUTIONS

2020 ◽  
pp. 80-85
Author(s):  
Olha Pavlenko
Keyword(s):  
Higher Education ◽  
Education Research ◽  
Best Practices ◽  
Cost Reduction ◽  
Professional Training ◽  
Higher Education Institutions ◽  
Academic Staff ◽  
Research And Innovation ◽  
Current State

The article discusses the current state of professional training of engineers, in particular, electronics engineers in Ukrainian higher education institutions (HEIs) and explores best practices from US HEIs. The research outlines the features of professional training of electronics engineers and recent changes in Ukrainian HEIs. Such challenges for Ukrainian HEIs as lack of collaboration between higher education and science with industry, R&D cost reduction for HEIs, and downsizing the research and academic staff, the disparity between the available quality of human capital training and the demanded are addressed. The study attempts to identify successful practices of US HEIs professional training of engineers in order to suggest potential improvements in education, research, and innovation for training electronics engineers in Ukraine.

ANALISIS PENGARUH BIAYA OPERASIONAL PADA PERUSAHAAN PENERBANGAN NASIONAL

2017 ◽  
Vol 1 (2) ◽  
pp. 81-107
Author(s):  
Dheny Biantara
Keyword(s):  
Value Chain ◽  
Cost Efficiency ◽  
Cost Reduction ◽  
Cost Leadership ◽  
Oil Pricing ◽  
The Cost ◽  
Operation Flexibility ◽  
Airline Maintenance

Summarized Indonesian airline executive views on the reason for the cost problem in mayor airline andon the potential areas and measures of cost reduction in airline operation. Present an introductionsurvey where 3 executives from 3 Indonesian airlines were respondent. In the executive opinion the costproblem in mayor Indonesian airline is primarily due to fuel and oil pricing and money currency. Of thevarious function in airline maintenance was seen as least cost efficiency, whereas flight operation wasseen as an area with most potential for cost reduction. Indonesian airline had made route and fleetchanges after the beginning of 2011 to reduce cost, concludes from the analisys result havingprivatization would be an important step towards more efficient airline operation. Flexibility fromIndonesian airline regulatory would be very much welcome and the value chain concept to improveIndonesian airline having competitive adventage and cost leadership differentiation.

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