scholarly journals Inhouse Quality Check System Improvement with Kanban System and Analysis Quality Control Circle

2021 ◽  
Vol 13 (1) ◽  
pp. 23
Author(s):  
Santo Wijaya ◽  
Galih Supriadi ◽  
Fransisca Debora ◽  
P Yudi Dwi Arliyanto
Keyword(s):  
Quality Control ◽  
Positive Impact ◽  
Warning System ◽  
Average Error ◽  
Manufacturing Companies ◽  
Continuous Increase ◽  
Check System ◽  
System Improvement ◽  
Kanban System ◽  
The Cost

The development of digitalization has a positive impact to opportunity expand an innovation as a form of continuous improvement. One of the manufacturing companies, PT TCH, wants to implement Industry 4.0 innovation with the thought of integrating data and analytics supply chains. One of its applications is labeling error with a proportion value of 66% with an average error of 328 by creating a warning system for the Kanban system through the application of Quality Control Circle (QCC). The improvements made applying concepts Plan, Do, Check, and Action (PDCA) analysis by making improvements to the labeling system created from the PO database in marketing and creating a visualization of parts to help leverage product suitability. The results showed improvement with the decrease in cycle time from 265 seconds to 215 seconds and saving the cost IDR 70.48391 million / year. This research contributes theoretically in demonstrating the success of the application of QCC and in practical terms, it can provide a continuous increase in productivity and an actual decrease in process activities in the company.

scholarly journals TRANSPORTATION MODEL AND COST CONTROL IN NIGERIAN MANUFACTURING FIRMS

2020 ◽  
pp. 41-52
Author(s):  
Stanfast Barnabas ◽  
Marian Apoh
Keyword(s):  
Cost Control ◽  
Service Providers ◽  
Positive Impact ◽  
Rank Order ◽  
Manufacturing Companies ◽  
Transportation Model ◽  
Effective Cost ◽  
Cash Cost ◽  
The Cost ◽  
Corporate Profits

The value of effective cost control in organizations, especially manufacturing companies, cannot be overestimated. Effective cost management creates significant business opportunities. This allows companies to pay off debt, thus reducing the amount of debt into cash. Cost control increases corporate profits and improved profits lead to the purchase of better, more efficient and renewable equipment. The product is delivered at a cost that does not add value in terms of quantity, quantity or quality, but you usually sell the product for a profit. These costs are borne by the manufacturer or buyer by increasing the cost of production or the price of the goods. Manufacturers and service providers are therefore constantly making efforts to reduce shipping costs and the use of transport modeling methods is a strategy proposed by experts. The purpose of this measurement study was to examine the relationship between transportation model and cost control in manufacturing organizations. The number of sample frame includes ten manufacturing companies in Rivers State, Nigeria with 103 participants. The Spearman Rank Order Correlation Coefficient discloses that the use of transportation model has a positive impact on the cost of goods shipped, the quantity of goods shipped and the reliability of delivery.

Pengaruh Good Corporate Governance Terhadap Nilai Perusahaan Dengan Variabel Intervening Profitabilitas

2017 ◽  
Vol 25 (1) ◽  
pp. 13-39
Author(s):  
Achmad Tjahjono ◽  
Siti Chaeriyah
Keyword(s):  
Corporate Governance ◽  
Path Analysis ◽  
Executive Director ◽  
Audit Committee ◽  
Positive Impact ◽  
Institutional Ownership ◽  
Analysis Tool ◽  
Manufacturing Companies ◽  
Company Value ◽  
Good Corporate Governance

The Company was founded with the goal of increasing the value of the company as well as to provide prosperity for the owners or shareholders. Good Corporate Governance and profitability is an effort to enhance company value. This study aims to determine the influence of good corporate governance to company value with profitability as intervening variable. The population of this research is manufacturing companies listed in Indonesia Stock Exchange in 2010 - 2014. The sample is taken by using purposive sampling method. Under this method, as many as 123 companies were obtained. The analysis tool to test the hypothesis is path analysis with AMOS software version 21. Data analysis method is descriptive analysis, path analysis, and sobeltest. The results of this study indicate that managerial ownership, the audit committee and the profitability have positive impact toward the of the company value, institutional ownership has positive impact but not significant, non-executive director with negative effect tendency on the company value. The results of this study also showed that profitability cannot mediate the effect of good corporate governance mechanisms on company value. It can be suggested to replace the intervening variable with other variables such as quality of earnings instead of profitability since it is declined as an intervening variable. non-executive director and institutional ownership does not contribute any positive and significant effect on company value and profitability. The following research can use another proxy in the measurement process and consider other theories that could explain comprehensively.

The Influence of Capital Structure, Growth, Company Size to Profitability and Company Value of Manufacture Firms Listed in Indonesia Stock Exchange

2019 ◽  
Vol 1 (3) ◽  
pp. 66-78
Author(s):  
Bernon Sampe Tondok ◽  
Cepi Pahlevi ◽  
Andi Aswan
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Positive Impact ◽  
Stock Exchange ◽  
Company Size ◽  
Manufacturing Companies ◽  
Descriptive Research ◽  
Company Value ◽  
Quantitative Descriptive ◽  
Company Growth

This study examines the effect of capital structure, company growth, company size on profitability and company value the cases of manufacturing companies listed on the Indonesia Stock Exchange. This research is quantitative descriptive research using path analysis. Classical assumption evaluations are conducted comprising of normality, linearity, autocorrelation, multicollinearity, and heteroscedasticity test. The sample is 33 manufacturing companies listed on the Indonesia Stock Exchange from period 2013 – 2017. The results of the study found that there was a positive impact of capital structure, company growth, firm size on profitability and value of manufacturing companies.

Probiotics in the diets of laying quails

2020 ◽  
pp. 60-66
Author(s):  
O. Merzlyakova ◽  
V. Rogachyev ◽  
V. Chegodaev
Keyword(s):  
Bacillus Subtilis ◽  
Bacillus Licheniformis ◽  
Egg Production ◽  
Positive Impact ◽  
Hematological Parameters ◽  
Economic Effect ◽  
Egg Laying ◽  
Control Group ◽  
Egg Mass ◽  
The Cost

The efficiency of introducing probiotics based on strains of Bacillus subtilis, Bacillus licheniformis and their consortium in the amount of 150 g/t of feed into the diets of laying quails has been studied. The experiment lasting 182 days has been carried out on four groups of quails with 30 heads in each. The quails have been housed in the broiler battery in compliance with the required microclimate conditions. Quails of all groups have been received the main diet (compound feed) developed taking into account their age and physiological characteristics. The quails of the 1st, 2nd and 3rd experimental groups in addition to the main diet received probiotics (150 g/t compound feed) based on strains Bacillus subtilis, Bacillus licheniformis and their consortium, respectively. It has been found that feeding the laying quails of the consortium of strains Bacillus subtilis and Bacillus licheniformis had the most significant positive impact on their productive performance, it allowed to increase egg production by 7,81 %, egg laying intensity by 5,0 %, egg mass yield by 9,77 %, while reducing feed expenditures for 10 eggs by 13,35 %. The yield of hatching eggs has been increased by 7,03 %, hatchability of chickens from laid and fertilized eggs by 8,33 and 8,35 %, brooding waste decreased by 21,74 %. Hematological parameters of quails during the whole experiment were within the physiological norm. The economic effect calculated on the basis of data on the cost of compound feed, probiotics and the cost of sold eggs of quail laying was 14,56 % in the 3rd experimental group (in relation to the control group).

ANALISIS PERHITUNGAN HARGA POKOK PRODUKSI DAN PENENTUAN HARGA JUAL ATAS PRODUK (Studi Kasus Pada PT Dasa Windu Agung)

2016 ◽  
Vol 1 (2) ◽  
pp. 183-190
Author(s):  
Dwi Urip Wardoyo
Keyword(s):  
Manufacturing Industry ◽  
Sampling Method ◽  
Manufacturing Companies ◽  
Test Analysis ◽  
Automotive Components ◽  
Convenience Sampling ◽  
Cost Of Production ◽  
The Cost ◽  
Keywords Cost

This study aims to determine the determination of the cost of production for products produced by PT. DWA. The Company is engaged in the manufacturing industry specialized in automotive components. Its activity is carried out through a series of production processes, so that expenses spent in the production will be calculated into the cost of the production sold. The population in this study were all manufacturing companies in Jakarta. Convenience sampling method selected one of the companies that get the confidence to assemble three national car project in Indonesia, namely Timor, Bakrie and Maleo. Test analysis used in this study is to test the calculation of full costing with job order costing. This study shows that (a) determination of the cost elements associated with the cost of production and (b) determining the cost of production on a product-based job costing with full costing approach. Keywords: cost of production, full costing

scholarly journals Can Financial Economics Cure Cancer?

2021 ◽  
Author(s):  
Andrew W. Lo
Keyword(s):  
High Throughput Screening ◽  
Business Models ◽  
Positive Impact ◽  
Early Stage ◽  
Genome Project ◽  
Gene Therapies ◽  
Biomedical Innovation ◽  
New Business ◽  
The Cost ◽  
The Human Genome Project

AbstractFunding for early-stage biomedical innovation has become more difficult to secure at the same time that medical breakthroughs seem to be occurring at ever increasing rates. One explanation for this counterintuitive trend is that increasing scientific knowledge can actually lead to greater economic risk for investors in the life sciences. While the Human Genome Project, high-throughput screening, genetic biomarkers, immunotherapies, and gene therapies have made a tremendously positive impact on biomedical research and, consequently, patient lives, they have also increased the cost and complexity of the drug development process, causing many investors to shift their assets to more attractive investment opportunities. This suggests that new business models and financing strategies can be used to reduce the risk and increase the attractiveness of biomedical innovation so as to bring new and better therapies to patients faster.

scholarly journals Pharmacoeconomics in Africa: needs, prospect and challenges

2021 ◽  
Vol 14 (1) ◽  
Author(s):  
Temitope Ben-Ajepe ◽  
Ifechukwu Benedict Nwogu ◽  
Damilola Quazeem Olaoye ◽  
Abdulhafeez Ayodele Mustapha ◽  
Theogene Uwizeyimana ◽  
...  
Keyword(s):  
Quality Of Life ◽  
Limited Resources ◽  
African Countries ◽  
Continuous Increase ◽  
Poverty Threshold ◽  
Therapy Choice ◽  
Medication Selection ◽  
Healthcare Interventions ◽  
The Cost

AbstractAfrica as a continent has experienced a continuous increase in the cost of healthcare as its demands increase. With many of these African countries living below the poverty threshold, Africans continue to die from preventable and curable diseases. Population increases have led to an increase in demands for healthcare, which unfortunately have been met with inequitable distribution of drugs. Hence, the outcomes from healthcare interventions are frequently not maximized. These problems notably call for some economic principles and policies to guide medication selection, procurement, or donation for population prioritization or health insurance. Pharmacoeconomics drives efficient use of scarce or limited resources to maximize healthcare benefits and reduce costs. It also brings to play tools that rate therapy choice based on the quality of life added to the patient after a choice of intervention was made over an alternative. In this paper, we commented on the needs, prospect, and challenges of pharmacoeconomics in Africa.

Estimating the Borrowing Behavior of French and German Firms. An Econometric Analysis / Verschuldungsverhalten französischer und deutscher Unternehmen. Eine ökonometrische Analyse

2001 ◽  
Vol 221 (5-6) ◽  
Author(s):  
Elizabeth Kremp ◽  
Elmar Stöß
Keyword(s):  
Firm Growth ◽  
Negative Impact ◽  
Positive Impact ◽  
Size Class ◽  
Monetary Transmission ◽  
Data Sets ◽  
Pecking Order ◽  
Trends Over Time ◽  
Deutsche Bundesbank ◽  
The Cost

SummaryThis paper investigates the borrowing behavior of 2,900 French and 1,300 German firms over the 1987-95 period. Both samples based on data sets of the Banque de France and the Deutsche Bundesbank not only include large but also small and medium-sized enterprises. Applying GMM techniques, we estimate identical debt equations for the two total samples and by size class. Despite the large differences between the two countries in term of debt trends over time and size class the main result is the similarity of a few determinants between France and Germany. E.g. we find that firm growth has a positive impact on borrowing according to the theory of signalling whereas the negative correlation of profit and debt supports pecking order approach and the cost of finance has a negative impact on leverage, too. Additionally, the study can provide some insights for the monetary transmission mechanism in both EMU member countries.

The financial consequences of human capital disclosure as part of integrated reporting

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Antonio Salvi ◽  
Nicola Raimo ◽  
Felice Petruzzella ◽  
Filippo Vitolla
Keyword(s):  
Human Capital ◽  
Firm Value ◽  
Fixed Effects ◽  
Cost Of Capital ◽  
Positive Impact ◽  
Firm Risk ◽  
Integrated Reporting ◽  
Content Type ◽  
Financial Consequences ◽  
The Cost

PurposeThe purpose of this paper is to analyse the financial consequences of the level of human capital (HC) information disclosed by firms through integrated reports. Specifically, this work examines the effect of HC information on the cost of capital and firm value.Design/methodology/approachA manual content analysis is used to measure the level of HC information contained in integrated reports. A fixed-effects regression model is used to analyse 375 observations (a balanced panel of 125 firms for the period 2017–2019) and test the financial consequences of HC disclosure.FindingsThe empirical outcomes indicate that HC disclosure has a significant and negative effect on the cost of capital and a positive impact on firm value. Our results show that companies can reduce investors' perceived firm risk by improving HC disclosure, leading to a lower cost of capital. Moreover, our findings support the notion that increased levels of HC disclosure are linked to firms' improved access to external financial resources, consequently enhancing firm value.Originality/valueThis study is the first contribution to examine the financial consequences of HC disclosure and is one of the first to examine the level of HC information within integrated reports.

LIGHTWEIGHT CRYPTOGRAPHIC ALGORITHM IMPLEMENTATION IN A MICROCONTROLLER SYSTEM

2021 ◽  
Vol 17 (1) ◽  
pp. 260-264
Author(s):  
Alexandru VULPE ◽  
Raluca ANDREI ◽  
Alexandru BRUMARU ◽  
Octavian FRATU
Keyword(s):  
The Internet ◽  
Continuous Increase ◽  
Security Issues ◽  
Cryptographic Algorithm ◽  
Physical Limitations ◽  
Encryption Algorithms ◽  
Iot Devices ◽  
The Cost ◽  
Algorithm Implementation ◽  
Lightweight Encryption

Abstract: With the development of mobile devices and the advent of smartphones, the Internet has become part of everyday life. Any category of information about weather, flight schedule, etc. it is just a click away from the keyboard. This availability of data has led to a continuous increase in connectivity between devices, from any corner of the world. Combining device connectivity with systems automation allows the collection of information, its analysis and implicitly decision-making on the basis of information. Their introduction and continued expansion of devices that communicate in networks (including the Internet) have made security issues very important devices as well as for users. One of the main methodologies that ensures data confidentiality is encryption, which protects data from unauthorized access, but at the cost of using extensive mathematical models. Due to the nature of IoT devices, the resources allocated to a device can be constrained by certain factors, some of which are related to costs and others to the physical limitations of the device. Ensuring the confidentiality of data requires the use of encryption algorithms for these interconnected devices, which provide protection while maintaining the operation of that device. The need for these types of algorithms has created conditions for the growth and development of the concept of lightweight encryption, which aim to find encryption systems that can be implemented on these categories of devices, with limited hardware and software requirements. The paper proposes a lightweight cryptographic algorithm implemented on a microcontroller system, comparing its performances with those of the already existing system (based on x86).

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