scholarly journals Measuring CS by Critical Factor Index in Pricing Process

Author(s):  
Liisa Ingman ◽  
Josu Takala

The aim of this study is to identify and examine the critical parts of a pricing process, from customer’s point of view. A questionnaire used in this study is based on Sense and Respond –method. It utilizes importance, experiences, gaps, deviations and direction of development, and clarifies the critical areas of the pricing process. Many development areas where found but focus should be on the most critical areas, which were related to configurator’s usability: the overall usability and getting products to a tender.

Author(s):  
Yang Liu ◽  
Josu Takala

How to make adaptive adjustments on operations strategy in dynamic business environments becomes the very important competitiveness to all kinds of companies. This paper aims to develop sense and respond (S&R) models in agile and dynamic strategic adjustment by introducing scaled critical factor index (SCFI) compared with previous S&R models such as critical factor index (CFI) and balanced critical factor index (BCFI). In addition, the case study in this paper shows the difference among the three S&R models and the advantages of SCFI model. The analysis results show that the SCFI models have contribution to the adaptive operations strategy adjustment based on clear objectives in dynamic and turbulent business environment. Managers can make quick decisions by the analytical models.


2019 ◽  
Vol 8 (2S11) ◽  
pp. 3966-3969

Knowledge management is considered as the integrated approach which involves in identifying, managing and sharing the critical know-how, enable in enhancing the experiences of the individual and increasing the intellectual capital of the human resources in the education sector. Knowledge management is considered as the critical fields which enable in guiding the educational institutions and the students in generating new knowledge, storing them and apply when required. Hence, to apprehend the effect of knowledge management, a clear picture of the approach and framework needs to be determined. Knowledge management possess greater impact on the effectiveness in the classroom delivery, the knowledge generation is considered as the critical factor in the KM model which was stated earlier. Hence, educational institutions tend to focus on the three specified critical areas: Knowledge generation; Knowledge storage and Knowledge application. These aspects will enable the trainers to enhance the effectiveness of classroom delivery in educational institutions


Author(s):  
Francesco Magro ◽  
Paolo Perazzo ◽  
Elena Bottinelli ◽  
Francesco Possenti ◽  
Giuseppe Banfi

The present paper is a review of the main challenges faced by the management of a tertiary specialty hospital during the COVID-19 pandemic in the northern Italian region of Lombardy, an area of extremely high epidemic impact. The article focuses on the management of patient flows, access to the hospital, maintaining and reallocating staffing levels, and managing urgent referrals, information, and communications from the point of view of the hospital managers over a seven-week period. The objective of the article is to provide beneficial insights and solutions to other hospital managers and medical directors who should find themselves in the same or a similar situation. In such an epidemic emergency, in the authors’ opinion, the most important factors influencing the capability of the hospital to maintain operations are (1) sustaining the strict triage of patients, (2) the differentiation of flows and pathways to create what could be regarded as “a hospital inside a hospital”, (3) tracing and sharing all available information to face the rapidly changing environment, (4) being able to maintain staffing levels in critical areas by flexibly allocating the workforce, and (5) from a regional perspective, being organized along a hub-and-spoke system for critical and time-sensitive networks was key for focusing the hospital’s resources on the most needed services.


2013 ◽  
Vol 4 (4) ◽  
pp. 66-75
Author(s):  
Ilkka Sillanpää ◽  
Nurul Aida binti Abdul Malek ◽  
Josu Takala

Abstract This case study research aims to compare the performance of the implementation of supply chain management (SCM) strategies within Asian and European Companies. The case study measures company’s opinions of supply chain strategy implementation through utilization of Sense and Response methodology. Critical Factor Index (CFI), Balanced Critical Factor Index (BCFI) and Scaled Critical Factor Index (SCFI) are used in this study to represent the result of comparison between European and Asian companies. From the analysis of comparison of all Sense and Response models, it can be concluded that there are differences and similarities of critical attributes that affecting supply chain strategy implementation in Asian and European companies. There are two attributes that have consistent trend for both regions; innovation and organization structure. In this research the analysis of supply chain strategy implementation was made for the needs of manufacturing industry. Suggestions for future research are multiple case studies in different industry areas in global business environment. The results provide a guideline to the company to measure the right attributes for making the right decision in a dynamic environment. It also provides good knowledge for companies to implement supply chain strategies, the main approaches to implement it and the main challenges in supply chain strategy implementation. Supply chain strategy implementation was analyzed in the European and Asian companies. This research shows that there are several developing areas for companies when implementing supply chain strategies.


Author(s):  
Nándor Kaliczka

A cikk a tartós eszközök gazdasági értékcsökkenésének elméleti hátterét vizsgálja az eszközökben megtestesülő szolgálatok felemésztődése szempontjából. Ezt a felemésztődést az eszközök kimerülésén és elhasználódásán túl, a gazdasági környezetben megjelenő testet öltő és testet nem öltő technológiai fejlődés következtében fellépő avulás is befolyásolja, mely avulás hatását a cikk részletesen tárgyalja. A technológiai fejlődés következtében fellépő avulásnak igen fontos szerepe van az eszközökhöz, és azok használati módjához legjobban illeszkedő értékcsökkenési minta kirajzolásában, amely alapján meghatározott értékcsökkenés központi eleme a vállalkozások jövedelmének, valamint a vállalkozási output egységköltségének, ami az output árazásának fontos tényezője. Ezáltal az értékcsökkenés meghatározásánál figyelembe vett avulás hatással van a vállalkozás termék és tőkepiaci versenyképességére. ___________ The paper examines the theoretical background of durable asset’s economic depreciation, from the embodied services consumption point of view. This consumption is affected by the exhaustion and deterioration beyond obsolescence which is due to embodied and disembodied technological progress that appears in the economic environment. The effect of obsolescence on the economic depreciation is examined in this paper in detail. The obsolescence due to technological progress has an important role in determining the best fit depreciation pattern to the durable asset and its usage. The economic depreciation is a central component of the company’s income, as well as the unit cost of the company’s output, which is an important element of the output pricing process. Thereby the obsolescence recognised by determining economic depreciation influences the company’s competitiveness on the product and capital markets.


2021 ◽  
Vol 263 ◽  
pp. 03018
Author(s):  
Aleksandr Gulkanov ◽  
Konstantin Modestov ◽  
Sergey Usikov

Research in the basic sciences is a critical factor in the development of the civil engineering industry. Solving the problems of radiation-convective heat transfer from heated surfaces has always aroused interest from the point of view of science and practical engineering application of knowledge. However, analytical solutions to these problems are obtained for elementary cases, for example, for infinite plates heated uniformly, or the propagation of heat waves in them obeys certain laws. The solution of the coupled problem of radiation-convective transfer from the surface of these panels is complicated not only by the geometric shape, but also by the openness of the entire thermophysical system, which includes the transfer of thermal energy from the coolant (coolant for cooling systems) to the surface of the thermal panel, from the panel to the room air by convection, and radiation to surrounding bodies (enclosing structures, furniture, people). In turn, additional heat exchange by convection occurs between the air and the enclosing structures. This article considers the possibility of obtaining an analytical solution to the problem of temperature distribution on the surface of a plate with two heat sources. When deriving the formulas, the classical equations of thermodynamics (Newton-Richmann, Fourier’s law, Helmholtz equation) were used. The general solution of the differential equation, in this case, is a linear combination of the Infeld and MacDonald functions. The research results can be applied to various areas of technical sciences: cooling of microprocessors, renewable sources of thermal energy, thermal and cooling panels for industrial production, automotive, marine shipbuilding, and of course heating and air conditioning systems for buildings and transport.


2018 ◽  
Vol 2018 (10) ◽  
pp. 63-72
Author(s):  
Wojciech Wronicz

Abstract Rivets are critical areas in metal airframes from the fatigue point of view. Fatigue behaviour of riveted joints depends strongly on the residual stress system around the rivet holes. The both most convenient and most common method of determining these stresses is the Finite Element (FE) analyses. The validation of models used is necessary to ensure the reliability of results. This paper presents the validation process of the riveting FE simulations for the universal and the countersunk rivets. At first, the material model of the rivets was validated with the use of the force–displacement curves of the press stamp obtained experimentally. Because of the displacement measurement method, it was necessary to take into account the flexibility of the stand. After that, good correlation between the numerical simulations and the experiment was obtained for both rivet types. At the second stage, strains around driven heads measured with the use of strip gauge patterns were compared with the results of the FE simulations. Quite good correlation was obtained for the countersunk rivet. In the case of the universal rivet, the numerical results are significantly higher values than the measured ones. Differences in correlation of the experiments and FE simulations for the analysed rivet types probably result from material differences of the rivets.


2016 ◽  
Vol 8 (5) ◽  
pp. 6-13
Author(s):  
Kereboon Champathed ◽  
Chuvej Chansa-ngavej

Abstract: This paper aims to investigate the recent trend of the use of project evaluation techniques based on opinions of financial managers in Thai firms. The research uses a questionnaire built on a Sense and Respond (S&R) method called Critical Factors Index (CFI). It examines the trend using such CFI terms as importance, experiences, expectations, gaps, deviations and direction of development. The results show several critical areas for improvement needed including customer perspective and the traditional use of payback technique for project evaluation in the firm. The results also show that the needed improvement is more critical in small firms than in medium and large firms. The results further show that the improvement needed is more critical for merchandizing firms than for manufacturing and service firms.


Author(s):  
Akbar Adibfar

One in six people worldwide do not have access to safe freshwater. The world has been divided into 3 areas: Scarce, Stressed and Sufficiently available potable water by World Health Organization (WHO). The countries around Persian Gulf in the Middle East are in Scarcity area. Desalination solution has been proved as the primary response to water scarcity. This region ranks among the world’s top ten desalinating countries, namely, in descending order: Saudi Arabia, United Arab Emirates, Kuwait and Qatar. There are some key parameters in selecting different technologies for desalination, including temperature. The temperature can be quite low in some countries such as Australia, while it is rather high in Persian Gulf. Total dissolved Solid (TDS) which is representative of salinity is a critical factor, similar to temperature, in selecting the desalination technology. The value encountered in Persian Gulf is extremely high as compared to the normal range of sea water salinity. The three principal desalination technologies used all over the world are multi-stage flash (MSF), reverse osmosis (RO), and multi-effect distillation (MED). This study looks at the different aspects of development such as costs, capabilities and state-of-the-art technologies. A comparative analysis of these technologies is presented and the best technology from financial and technical point of view is introduced and discussed.


Author(s):  
Imre Horváth ◽  
Vilmos Thernesz ◽  
Zoltán Bagoly

Abstract Innovative conceptual design is a critical factor to produce competitive industrial and consumer products. Conceptual design needs to be formalized and supported by computational models in order to be covered by computer based design environments. Until now, scheme-based, symbolic and/or physical feature oriented approaches have been applied to generate conceptual models of products. In the case of these approaches, morphological aspects are more or less neglected. Concept features, presented in this paper, are able to represent information on both initial geometries and structural relationships. A concept feature object is a knowledge chunk that defines (a) a set of entities that is needed to build up a skeleton of a part or subassembly, (b) a set of parameters that is needed to characterize a skeleton from a morphological point of view, (c) a set of parameters and physical expressions that describe the possible operation and behaviour of skeletons. Generic modelling is used to derive skeletons. The skeleton and their operational descriptions, as neural Petri nets, form organs that are combined into an organ structure of the modelled industrial or consumer product. The methodology of modelling and simulation with concept feature-objects is described.


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