Adoption of a New Online Travel Management System for FED-AK

2010 ◽  
Vol 12 (1) ◽  
pp. 1-16 ◽  
Author(s):  
Aundrea Kell ◽  
Shari Pierre ◽  
Bogdan Hoanca

This case describes the implementation of an online travel management system at FED-AK, the Alaska office of a U.S. government agency. The previous system was intended to accomplish the same functionality, but due to employee resistance, it was used only as a forms generator in conjunction with a paper- and mail-based process. The new system is integrated, which compels employees to use all the functionality provided. It also incorporates many lessons learned from the old system—in particular, extensive training and online help functions. The system is expected to significantly reduce the cost of travel by minimizing errors, enforcing policies, and reducing transaction costs. The system will also lead to faster reimbursement of employee travel expenses.

Author(s):  
Aundrea Kell ◽  
Shari Pierre ◽  
Bogdan Hoanca

This case describes the implementation of an online travel management system at FED-AK, the Alaska office of a U.S. government agency. The previous system was intended to accomplish the same functionality, but due to employee resistance, it was used only as a forms generator in conjunction with a paper- and mail-based process. The new system is integrated, which compels employees to use all the functionality provided. It also incorporates many lessons learned from the old system—in particular, extensive training and online help functions. The system is expected to significantly reduce the cost of travel by minimizing errors, enforcing policies, and reducing transaction costs. The system will also lead to faster reimbursement of employee travel expenses.


2021 ◽  
Vol 4 (4) ◽  
pp. 89-95
Author(s):  
YAN MIN TSZE ◽  

This article of the topic is due to the fact that accounting for the cost and financial management system of the enterprise is currently of particular importance and is carried out in a strict manner. When conducting accounting, the following procedures are used: search for compliance of the company's data on accounting and the regulatory framework; study of documentation; finding and forming errors during the audit. Such meth-ods are solved by the rules: evaluation of arithmetic operations; monitoring of inventory; analysis of cash flow in the enterprise; notification of certain persons about the completed economic and accounting operations; interviewing employees orally; assessment of cash flow according to documents; implementation of economic analysis aimed at studying the movement of funds of the enterprise.


2014 ◽  
Author(s):  
Jeff Cowan

California experienced a 300% increase in loss of propulsion (LOP) incidents since its distillate fuel regulation came into effect in 2009. The compression ignition (Diesel) engines aboard modern cargo ships over 10,000 gross tons use 3.0% sulfur Heavy Fuel Oil (HFO). This fuel must be heated to flow through the fuel lines because at normal ambient temperature HFO has the consistency of tar. Distillate fuel in contrast does not require the high temperatures, and the thermodynamics of cooling metal, gaskets and seals resulted in leaks, along with filter clogging from engine buildup scrubbing. In addition, the cost savings of using HFO are significant over the use of distillate fuel which is typically around US$300 more per ton.


2015 ◽  
Author(s):  
Chilukuri Maheshwar

In February 2013, in the 2005 built 15500 TEU 397m long container ship EMMA MÆRSK a severe leakage occurred in as it was passing southbound through the Suez Canal. The leakage occurred due to mechanical breakdown of a stern thruster causing flooding of the shaft tunnel and filling up the engine room with 14000 m³ of seawater within a span of two hours, submerging the main engine cylinder heads-level equal to the outside water draft of 15.1 m. The cost of repairs and loss of revenue for six months amounted to a few million dollars. This paper highlights some of the lessons learned from this incident.


2021 ◽  
Vol 7 (18) ◽  
pp. 59-68
Author(s):  
Hassana Aliyu MOHAMMED ◽  
◽  
Abdurrahman ISIK ◽  
Paul Terhemba IOREMBER ◽  
◽  
...  

The study analyses the relationship between currency redenomination and financial sector transaction costs in Nigeria using a sample of 200 respondents from ten financial institutions. Applying the Chi-square test, the study reveals that high currency redenomination removes wasteful transactions removes user costs (difficulties arising from memorizing, calculating and carrying large sum of lowest denominations: coins and smaller notes). The results also show that currency redenomination influences inflationary pressure and currency liberalization in Nigeria. Based on the findings the study recommends the introduction of currency redenomination to facilitate the consumers' cash payment and reduce the cost incurred by producers and issuing authorities, and also make payment system more efficient and effective.


2021 ◽  
Author(s):  
Marina Lazareva

The monograph attempts to rethink the theoretical and methodological approaches to building a management system for the dynamic stability of holdings. The author's view on the construction of such a system is justified, and a new combined model of dynamic stability management is proposed, which is based on the cost approach. The holding company is considered as a complex dynamic system. The conclusions are based on the author's empirical research. For practitioners, teachers, postgraduates and students, students of business schools.


Author(s):  
Alex J. Baumgard ◽  
Tara L. Coultish ◽  
Gerry W. Ferris

Over the last 15 years, BGC Engineering Inc. has developed and implemented a geohazards Integrity Management Program (IMP) with 12 major pipeline operators (consisting of gas and oil pipelines and of both gathering and transmission systems). Over this time, the program has been applied to the assessment of approximately 13,500 individual hydrotechnical and geotechnical geohazard sites spanning approximately 63,000 km of operating pipelines in Canada and the USA. Hydrotechnical (watercourse) and geotechnical (slope) hazards are the primary types of geohazards that have directly contributed to pipeline failures in Canada. As with all IMPs, the core objectives of a geohazard management system are to ensure a proactive approach that is repeatable and defensible. In order to meet these objectives, the program allows for varying levels of intensity of inspection and a recommended timescale for completion of actions to manage the identified geohazards in accordance with the degree of hazard that the site poses to the pipeline. In this way, the sites are managed in a proactive manner while remaining flexible to accommodate the most current conditions at each site. This paper will provide a background to the key components of the program related specifically to existing operating pipeline systems, present pertinent statistics on the occurrence of various types of geohazards based on the large dataset of inspections, and discuss some of the lessons learned in the form of program results and program challenges from implementing a geohazard integrity management system for a dozen operators with different ages of systems, complexity of pipeline networks, and in varied geographic settings.


2021 ◽  
Vol 100 (09) ◽  
pp. 302-308
Author(s):  
BRANDON SCOTT TAYSOM ◽  
◽  
CARL D. SORENSEN ◽  
TRACY W. NELSON

Advanced manufacturing processes improve the cost and quality of goods. Rotary friction welding is a fast, energy-efficient, and reliable joining process for metals, but new applications are hindered by large development costs for each new alloy. Each alloy set has different welding characteristics; therefore, lessons learned from a single alloy are not always broadly applicable. To establish knowledge that is applicable across multiple alloys, a family of different superalloys were welded to discover process trends that were applicable beyond a single alloy set. In this study, weld symmetry did not correlate to weld strength across alloy systems. Some alloys’ strongest welds occurred at maximum symmetry, whereas high asymmetry was associated with different alloys’ maximum strength. High feed rates, high welding forces, low energy, and low temperatures all resulted in high-strength welds across all alloy and geometry combinations. Tensile strengths greater than 95% of base-metal strength were recorded for most alloy systems.


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