Grain pricing in Ukraine: A case study of malted barley

The agrarian market participants operate in a changing market environment. Their activities are characterized by a high level of risk, in particular, price risk, which determines the likelihood of failure in achieving the planned results. The purpose of the paper is to analyze the dynamics of prices for malted barley and determine the main factors influencing the price of malted barley in the agricultural market of Ukraine. The theoretical and methodological basis of the study is the scientific works of domestic and foreign authors on the problems of pricing management. Methods of data analysis, synthesis, and generalization of results are used. As a result, one can notice a high level of price fluctuations, significant price fluctuations during the year, absence of a uniform inversely proportional effect between the volume of barley production and its purchasing prices, and presence of disparity between the selling price of barley and the production costs of grain producers. The key factors that determine the price of malted barley include market saturation, grain quality, production expenditures, conditions on the market of barley fodder, contractual relations (which are sufficiently standardized but do not protect agricultural producers from risks), public policy through regulation market. The study outlined recommendations regarding the need to improve the legal regulation of relations and the development of a system to ensure the functioning of the grain market, effective cost management, introduction of innovative agrotechnologies, and financial hedging instruments.

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A System Dynamics Model for Sales and Operations Planning

International Journal of System Dynamics Applications ◽

10.4018/ijsda.2020010101 ◽

2020 ◽

Vol 9 (1) ◽

pp. 1-17

Author(s):

Nayara Teixeira Santos ◽

Gisele Tessari Santos ◽

Washington Santos Silva ◽

Wanyr Romero Ferreira

Keyword(s):

System Dynamics ◽

Financial Management ◽

Production Costs ◽

System Dynamics Model ◽

Key Factors ◽

Dynamics Model ◽

Processing Industry ◽

Operations Planning ◽

Price Fluctuations ◽

Lime Consumption

The use of system dynamics techniques to model the sales and operations planning (S&OP), associated with the economic and financial processes, is an innovative proposal. The objectives of this article are to model and simulate the S&OP process integrated with the financial management in a Brazilian lime processing industry, based on the system dynamics approach. Initially, the model was validated. Then, over twenty scenarios were simulated to assess the behavior of the system with its key factors variation. In the microenvironment scenarios, the company's internal perspective was the only element taken into account. In turn, regarding the macro environment scenarios, the basis was the projection of lime consumption related to the country's GDP. The results have genuinely contributed to the industry researched, since the lime processing industry is struggling with obtaining enough supply due to lime acquisition price fluctuations and, consequently, the oscillation of its production costs.

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Techno-Economic Analysis of a Hyaluronic Acid Production Process Utilizing Streptococcal Fermentation

Processes ◽

10.3390/pr9020241 ◽

2021 ◽

Vol 9 (2) ◽

pp. 241

Author(s):

Rafael G. Ferreira ◽

Adriano R. Azzoni ◽

Maria Helena Andrade Santana ◽

Demetri Petrides

Keyword(s):

Hyaluronic Acid ◽

Economic Analysis ◽

Lower Cost ◽

Value Added ◽

Production Costs ◽

Selling Price ◽

Baseline Scenario ◽

Adhesive Properties ◽

Fed Batch Culture ◽

Economic Analyses

Hyaluronic acid (HA) is a polysaccharide of alternating d-glucuronic acid and N-acetyl-d-glucosamine residues present in the extracellular matrix of connective, epithelial, and nervous tissues. Due to its singular hydrating, rheological and adhesive properties, HA has found numerous cosmetic and medical applications. However, techno-economic analyses of high value-added bioproducts such as HA are scarce in the literature. Here, we present a techno-economic analysis of a process for producing HA using Streptococcus zooepidemicus, simulated in SuperPro Designer. In the baseline scenario, HA is produced by batch fermentation, reaching 2.5 g/L after 24 h. It is then centrifuged, diafiltered, treated with activated carbon and precipitated with isopropanol. The product is suitable for topical formulations and its production cost was estimated as 1115 $/kg. A similar scenario, based on fed-batch culture and assuming a titer of 5.0 g/L, led to a lower cost of 946 $/kg. Moreover, in two additional scenarios, 10% of the precipitated HA is diverted to the production of a highly pure and high-molecular weight HA, suitable for injectable applications. These scenarios resulted in higher capital and operating costs, but also in higher profits, because HA for injectable use has a higher selling price that more than compensates for its higher production costs.

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The Legal Form of Financial Institutions as a Way to Protect the Rights of Financial Market Participants

Global Journal of Comparative Law ◽

10.1163/2211906x-10010004 ◽

2021 ◽

Vol 10 (1-2) ◽

pp. 29-46

Author(s):

Valentina I. Borisova ◽

Igor V. Borisov ◽

Farkhad S. Karagussov

Keyword(s):

Financial Institutions ◽

Financial Services ◽

Scientific Development ◽

Legal Form ◽

Market Participants ◽

Legal Structure ◽

Legal Forms ◽

High Level ◽

Legal Mechanism ◽

Legal Entities

Abstract Financial institutions are the centre of economic and legal interests of participants of the financial services market, which is itself characterised by a high level of conflict of interests of its participants. The purpose of the article is the scientific development of the legal structure of organisational and legal forms of financial institutions, in the market of financial services, as a legal mechanism for reconciling the economic and legal interests of the main participants of this market. The features of basic and modified legal forms of legal entities are elaborated in this article. It is determined that financial institutions are established and operate in ‘modified’ legal forms. Such forms emerge due to the supplementation of the structure of the main elements of the basic legal forms of legal entities. This refers to additional functional legal means that reflect special requirements for the relevant types of legal entities, depending on the economic and legal interests of their founders/participants.

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Strategies and facilities in order to improve animal welfare

Revista Brasileira de Zootecnia ◽

10.1590/s1516-35982010001300034 ◽

2010 ◽

Vol 39 (suppl spe) ◽

pp. 311-316 ◽

Cited By ~ 13

Author(s):

Daniella Jorge de Moura ◽

Leda Globbo de Freitas Bueno ◽

Karla Andrea Oliveira de Lima ◽

Thayla Morandi Ridolfi de Carvalho ◽

Ana Paula de Assis Maia Maia

Keyword(s):

Animal Welfare ◽

Animal Behavior ◽

World Wide ◽

Litter Quality ◽

Quality Standards ◽

Production Costs ◽

Key Factors ◽

The Subject ◽

State Of Art

To keep the position in being a world-wide exporter of chicken meat, Brazil must meet international quality standards, always seeking alternative resources of improvement, without increasing production costs, including litter quality, requirements of animal welfare and environment affairs, such as the use and reuse of broiler litter. Researches are performed in the areas of animal welfare, environment, animal behavior and use of modern climatization technology improving the quality of the environment created to raise broilers, also trying to reduce the greenhouse gas emissions and global warming in the environment, becoming a sustainable production system. This paper has a bibliographic revision of the subject mentioned above, intending to show a state-of-art key factors related to a new concept of broiler environment and welfare.

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Administrative reforms in Eastern Europe: A comparative legal analysis

Cuestiones Políticas - Conflictividad política, pandemia de COVID-19 y nuevos paradigmasConflictividad política, pandemia de COVID-19 y nuevos paradigmas ◽

10.46398/cuestpol.3969.50 ◽

2021 ◽

Vol 39 (69) ◽

pp. 814-831

Author(s):

Stanislav V. Zlyvko ◽

Valerii A. Bortniak ◽

Kateryna V. Bortniak ◽

Iryna P. Storozhuk ◽

Roman Z. Holobutovskyy

Keyword(s):

Eastern Europe ◽

Unemployment Rate ◽

Negative Impact ◽

Efficiency Index ◽

Legal Regulation ◽

Legal Analysis ◽

Positive Correlation ◽

Administrative Reforms ◽

Decentralization Reform ◽

High Level

The objective of the article was to analyze the legal regulation of the decentralization reform in Eastern Europe and its impact on the unemployment rate. Methodologically, statistical analysis, hypothetical-deductive method and correlation were used. It was found that the first stage of the reform of the New Civil Service in Poland, Ukraine, Romania, the Czech Republic, Slovenia, Latvia, and Bulgaria began in 1990, but can be called an informal preparatory stage. It is determined that the process of implementation of administrative reforms is influenced by a series of factors: historical, economic, geographical. It is concluded that there is no positive correlation between the effectiveness of public administration and the effectiveness of local self-government in all the countries studied. The reform of decentralization has been shown to have a negative impact on employment. In addition, it found that Poland is the most stable country among those studied, with a high level of efficiency of local self-government. La more negative correlation between the efficiency index of local self-government and employment, and the most positive correlation between local and unemployment rate.

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Development of decree 1072 of 2015, as a regulatory factor of practices in the construction field for the prevention of workplace accidents with MHF Construark SAS, carried out during the year 2020 in Bogotá

Ingeniería solidaria ◽

10.16925/2357-6014.2021.02.11 ◽

2021 ◽

Vol 17 (2) ◽

pp. 1-27

Author(s):

Daniel Tabares

Keyword(s):

Regulatory Factor ◽

Key Factors ◽

Improvement Strategy ◽

Implementation Processes ◽

Workplace Accidents ◽

Determining Factors ◽

Administrative Area ◽

Implementation Level ◽

High Level

Introduction: This article "Development of the decree 1072 of 2015, as a regulatory factor of practices in the construction field for the prevention of workplace accidents in MHF Construark SAS" company was executed during 2020 in Bogotá. Background: There has been recurring practices in the construction sector that generate difficulties in the implementation of the SGSST, which may be the main cause of this insufficient implementation, which can lead to workplace accidents and occupational diseases. Objective: The objective of the investigation is to establish the level of compliance in the implementation of the SGSST, in order to identify determining factors that negatively affect such a process. Methods: This research has designed a study with mainly, a qualitative approach. Interviews were conducted with company representatives from the administrative area in charge of implementing the SGSST. Results: The MHF Company has achieved an implementation level of 85%. It is at a high level. Conclusion: This project contributes to the research in terms of the study of SGSST in particular, from a perspective that inquiries factors related to the role of key factors such as senior management and construction personnel. Originality: A small business of the construction field is investigated, setting up human factors in the SGSST implementation processes and the improvement strategy Limitations: information gathering on site was affected due to the circumstances generated by the COVID-19 emergency due to the fact the construction field was forced to suspend work as consequence of the pandemic

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Some aspects of the forensic assessment of the reliability of the testimony of minor victims

Legal Science and Practice: Journal of Nizhny Novgorod Academy of the Ministry of Internal Affairs of Russia ◽

10.36511/2078-5356-2021-2-69-71 ◽

2021 ◽

pp. 69-71

Author(s):

Ruslan Zaynullin

Keyword(s):

Legal Regulation ◽

Forensic Assessment ◽

Empirical Methods ◽

Problem Statement ◽

Dialectical Logic ◽

Theoretical Methods ◽

High Level ◽

A Minor

Problem statement: in the course of analyzing the legal regulation and practice of the participation of minor victims in verbal investigative actions, the author in this article identifies the problem of assessing the reliability of the testimony of minor victims. Objective: to develop general forensic recommendations for criminalistically ensuring the participation of a minor victim in verbal investigative actions, designed to ensure a high level of reliability of their testimony. Methods: empirical methods of comparison, description, theoretical methods of formal and dialectical logic. Results/brief conclusions: gaps in the legal regulation of the participation of a minor victim in verbal investigative actions are identified, and forensic recommendations are formulated to ensure that reliable testimony of minor victims is obtained.

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ANALISIS STUKTUR, KINERJA, DAN PERILAKU INDUSTRI ROKOK KRETEK DAN ROKOK PUTIH DI INDONESIA PERIODE 1991-2008

Jurnal Agribisnis Indonesia ◽

10.29244/jai.2013.1.1.59-70 ◽

2013 ◽

Vol 1 (1) ◽

pp. 59

Author(s):

Gustyanita Pratiwi ◽

Lukytawati Anggraeni

Keyword(s):

Government Regulation ◽

Manufacturing Industry ◽

Variable Number ◽

Least Square ◽

Production Costs ◽

Significant Variable ◽

Selling Price ◽

Barriers To Entry ◽

Average Value ◽

Cigarette Industry

<em>Tobacco industry is one of important manufacturing industry in Indonesia. There are several changes in structure, performance, and behavior of this industry during 1991-2008. This study aim is to analyze the differences between clove cigarette and white cigarette industries with SCP method. Analysis of industrial structure with CR4 index and barriers to entry. Industry performance is measured by Price Cost Margin (PCM) approach. Factors that affect the performance itself are analyzed by the Ordinary Least Square (OLS) method. The results of structural analysis show that the level of industry concentration of clove cigarettes went from tight oligopoly (84.29 percent) to medium oligopoly (52.65 percent) during research period. In contrast, white cigarette industry remained in tight oligopoly level with an average value of CR4 about 94.33 percent. The average value of MES which reflects the barrier to entry in white cigarette industries is higher (95.17 percent) than in cigarette industries (72.85 percent). Regression analysis on a clove cigarette industry indicates that the variable X-eff and growth are significantly positive, whereas a variable number of firms significantly negative effect on PCM. In white cigarette industry, a significant variable to the PCM is the X-eff (0.366799). The analysis of behavior between the two industries cannot be separated from government regulation, especially in setting of the selling price. Promotion, although it increasing production costs, remains to be important strategy to maintain the industry market share.</em>

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Business Networking

Knowledge and Technology Management in Virtual Organizations ◽

10.4018/978-1-59904-165-0.ch016 ◽

2011 ◽

pp. 334-353 ◽

Cited By ~ 4

Author(s):

Claudia-Melania Chituc ◽

Américo Lopes Azevedo

Keyword(s):

Information And Communication Technologies ◽

Business Processes ◽

Rapid Evolution ◽

Communication Technologies ◽

Key Factors ◽

Information And Communication ◽

Business Networking ◽

High Level ◽

Technological Perspective ◽

Networked Organizations

The rapid evolution of information and communication technologies, the changing client’s demands, and market conditions impelled enterprises to adapt their way of undertaking business, from traditional practices to e-business, and to participate in new forms of collaboration, such as networked organizations. In this context, standards, frameworks, technologies, and infrastructures supporting collaborative business, in a networked environment, become key factors in achieving environments with a desired high level of collaboration and inter- and intra-organization business processes alignment. The aim of this chapter is to underline the main issues, trends, and opportunities related to business integration from a technological perspective, analyzing and discussing the most relevant (existing and still under development) business integration reference models, frameworks, standards, technologies, and supporting infrastructures, and to briefly present relevant research projects in the area of business networking. A special emphasis is made on frameworks such as ebXML and RosettaNet, and the importance of papiNet, BPLE4WS, and freebXML is underlined. Challenges regarding self-forming networked organizations are also advanced.

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