Receipt Of Orders Research Articles

The proposed mandatory swing pricing regime and the hard close requirement : Practical considerations

In November 2022, the U.S. Securities and Exchange Commission (the ‘Commission’) proposed rule amendments that would require, among other things, open-end mutual funds to implement a mandatory swing pricing regime under certain circumstances (the ‘Proposals’). To ensure that funds receive order information with sufficient time to make a swing pricing determination, the Proposals would require funds to set a hard cut-off time for the receipt of purchase and redemption orders. Currently, the vast majority of investments in open-end mutual funds are made through intermediaries and retirement plans, such that investors who submit orders to intermediaries and retirement plans before the time the fund has established for calculating its net asset value (NAV) generally receive the same day’s NAV, even if the fund receives the order information from the intermediary or retirement plan after NAV is calculated. This is how mutual fund pricing has operated in the US for over 50 years. The Proposals would upend current operations. Under the Proposals, an investor’s order would have to be received by the fund — not a financial intermediary or a retirement plan — before the cut-off time set by the fund for calculating NAV in order to be eligible for the same day’s NAV. If adopted as proposed, the Proposals would require extensive changes to mutual fund pricing systems and infrastructure in the US. In this paper, we acknowledge the arguments against the Proposals by an overwhelming majority of industry commenters and, without undercutting those arguments, we explore practical, regulatory and compliance considerations for funds seeking to better understand how the Proposals might affect their day-to-day operations.

Sustainability of an Opt-Out Electronic-Health Record-Based Tobacco Treatment Consult Service at a Large Safety-Net Hospital: A 6-Year Analysis.

Our safety-net hospital implemented a hospital-based tobacco treatment intervention in 2016. We previously showed the intervention, an "opt-out" Electronic Health Record (EHR)-based Best Practice Alert (BPA)+ order-set that triggers consultation to an inpatient Tobacco Treatment Consult (TTC) service for all patients who smoke, improves smoking abstinence. We now report on sustainability, 6 years after inception. We analyzed data collected between July 2016-June 2022 of patients documented as "currently smoking" in the EHR. Across the 6 years, we used Pearson's correlation analysis to compare Adoption (clinician acceptance of the BPA+ order-set, thus generating consultation to the TTC service); Reach (number of consultations completed by the TTC service); and Effectiveness (receipt of pharmacotherapy orders between patients receiving and not receiving consultations). Among 39 558 adult admissions (July 2016-June 2022) with "currently smoking" status in the EHR for whom the BPA triggered, clinicians accepted the TTC order set on 50.4% (19 932/39 558), though acceptance varied across services (eg, Cardiology [71%] and Obstetrics-Gynecology 12%]). The TTC service consulted on 17% (6779/39 558) of patients due to staffing constraints. Consultations ordered (r = -0.28, p = .59) and completed (r = 0.45, p = .37) remained stable over 6-years. Compared to patients not receiving consultations, patients receiving consultations were more likely to receive pharmacotherapy orders overall (inpatient: 50.8% vs. 35.1%, p < .0001; at discharge: 27.1% vs. 10%, p < .0001) and in each year. The "opt-out" EHR-based TTC service is sustainable, though many did not receive consultations due to resource constraints. Health care systems should elevate the priority of hospital-based tobacco treatment programs to increase reach to underserved populations. Our study shows that opt-out approaches that utilize the EHR are a sustainable approach to providing evidence-based tobacco treatment to all hospitalized individuals who smoke, regardless of readiness to stop smoking and clinical condition.

Common delivery or fast delivery: optimal pricing decisions of online retailers with rebate policy

PurposeThe confirmation of receipt of orders by consumers means that the online retailer actually receives the payments on many retail platforms (e.g. Taobao). In order to recoup funds as soon as possible, the retailer will take steps (e.g. improving the level of delivery and adopting a rebate policy) to encourage consumers to confirm receipt earlier. It is significant for the retailer to identify an appropriate strategy and determine the optimal product price. To address the above issues, this paper examines and compares the pricing strategies and profits under different strategies to show some managerial insights for the retailer's decision-making.Design/methodology/approachIn this paper, the authors discuss four models, i.e. adopting common delivery and offering consumers no rebates, adopting common delivery and offering rebates, adopting fast delivery and offering no rebates and adopting fast delivery and offering rebates, which the retailer may consider. Under different models, consumer utility and firm's profit structure are disparate. After comparing the retailer's profits under four models, the optimal strategy, profit and product price are obtained.FindingsSome interesting results are as follows. When the cost of fast delivery is not very high, improving the level of delivery would bring more profit to the retailer and create a positive impact on consumers. Interestingly, our results also show that offering proper rebates to stimulate consumers to confirm receipt early only serves to improve the profit only when the motivation of consumers to confirm the receipt is very low. Moreover, the authors find that a higher level of delivery services can promote the implementation of the rebate policy to improve the retailer's earnings.Originality/valueThis paper is the first study on the transaction mode of retail platforms and the problem of confirming receipt by a model-based method.

Programmatic Efforts Increase Adoption of Genomic Precision Medicine in Cancer Care in a Community Cancer Center.

PURPOSEThe adoption of precision medicine (PMed) depends on the critical curation of data and interpretation of genomic results. Herein, we sought to study the effect of a coordinated multidisciplinary program to assess results in a community cancer center clinic.METHODSIn a retrospective review from July 2018 to July 2021, we analyzed the implementation of a multidisciplinary PMed program in a tertiary referral community cancer center. Germline genetics test results have been reviewed since 2017.RESULTSA total of 3,131 tumor samples were analyzed by large panel somatic genomic testing through commercial laboratories during the study period. The number of reviewed cases rose from 661 in the first year to 1,532 in year 3. Additional recommendations beyond what was reported by the commercial laboratory were made in 42.9% of cases. Referrals to the hereditary cancer program for germline testing increased by 32% from the 2017 baseline. Process improvement efforts reduced the rate of DNA quantity nonsufficient for testing to 3.3% compared with a national average of 4.89%. The average time from receipt of orders to issuing of a report of the somatic panel was 15.5 days, compared with 19.1 days for other institutions using the same laboratory. The PMed team has been critical in support of clinical research by assisting in trial procurement and feasibility assessment to the identification of patients for clinical trials.ConclusionThe use of somatic genomic testing is increasing at our cancer center. Education and in-depth analysis of the data are valued by cancer physicians. The development and implementation of a PMed program has demonstrated improved physicians' understanding of molecular testing, resulting in improved outcomes for patients.

A support vector machine model for due date assignment in manufacturing operations

ABSTRACT The relationship between product flow times and manufacturing system status is complex. This limits use of simple analytical functions for job shop manufacturing due date assigning, especially when dealing with orders involving multiple-resource manufacturing systems in receipt of random orders of different process plans. Our approach involves developing a Support Vector Machine classifier to articulate job shop manufacturing due date assigning in heterogeneous manufacturing environments. The emergent model allows not only for the complex relationships between flowtimes and manufacturing system status, but also for the prediction of random order flowtime of manufacturing systems with multiple resources. Our findings also suggest that service levels play a major role in negotiated due dates and eventual customer propensity to place manufacturing orders. In emphasizing negotiated due dates as against exogenous assigned due dates, the study focuses scholarly attention toward the need for participative, open and inclusive due date assignments.

Public procurement in construction: international practice

Introduction. The distribution and receipt of design and construction orders is a most important element in the construction life cycle. It is of considerable interest to study the rules governing the distribution of state orders and the practice of their application in various countries. This article examines the experience of the leading world economies accumulated in the bidding for construction projects.&#x0D; Materials and methods. The authors studied original legal documents on the organization of tenders for construction works in several countries, as well as in international organizations. The tender rules of the USA, France, Germany, New Zealand, Japan, China are considered. Materials of reviews and scientific researches, conducted by other scientists, are also used and summarized.&#x0D; Results. The principal methods for organizing tenders for construction and design works were identified as a result of analysis of regulatory documents. The authors have found many common approaches and methods used to assure equal and responsible relations between the state customer and the construction contractor.&#x0D; Conclusions. It has been established that a number of methods, widely used abroad, are practically not used in Russia, for example, competitive negotiations and two stage tendering. On the contrary, a foreign reader may think that some provisions of the Russian legislation are strange, for example, initial contract price setting by the customer or electronic document management rules in the federal law.

Design and Implementation of Campus Express Delivery on WeChat Public Platform

Express delivery has long been inseparable from the residents' lives. In densely populated areas, courier delivery has become a problem. This article starts at author's university, and investigates the specific difficulties encountered by university students, such as time and effort, uneven distribution of resources, and the remote location of express delivery and delivery centers. This thesis analyzes and explores, according to the current situation, proposes the program based on the WeChat Official Account Admin Platform and the micro site campus express delivery agency platform. Users can publish detailed information on behalf of express delivery through this platform, and can also receive other users' orders through this platform to help other users pick up express delivery, and receive the payment that needs to be paid on behalf of the user after delivery. The platform is divided into two parts: WeChat Official Account Admin Platform and micro site. The micro site partially implements the functions of standardized registration and login, delivery and receipt of express orders, and changes to order status. As part of the WeChat Official Account Admin Platform, it mainly achieves user's attention and then actively responds. The user responds to keywords and obtains corresponding information, guides the user to complete the express picking task more efficiently, and helps the platform's promotion and application. The WeChat Official Account Admin Platform uses the Sina Sae server, which is developed using the php scripting language. The micro site uses html and javascript languages, and the mysql database is developed to implement the corresponding functions of the campus express delivery agency. The test shows that the platform has a good user experience and can effectively and reasonably allocate limited resources on campus to improve the efficiency of college students in picking up express delivery.

Complex Models of Ordering Multi-Sequences with Fuzzy Parameters

Purpose. The aim of the article is to develop complex constructive mathematical models of ordering processes for multi-sequences of elements with fuzzy parameters. At the same time, the following requirements for fuzzy ordering of multi-sequences with complexity evaluation (FOMSCE) were established: accounting fuzzy estimates of the formation operations complexity, the need to define fuzzy classes for ordering the initial elements, as well as building individual fuzzy models for the processes of receiving orders from different sources. Methodology. To solve the problems of optimal planning of non-deterministic processes of clinical monitoring of the patients’ treatment, the formation of complex constructive mathematical models of the processes of ordering multi-sequences of elements with fuzzy FMLCPM parameters was applied. For forming models of FOMSCE tasks, a methodology is used to create models with multilayer structures. To implement fuzzy problems, methods and procedures for discretizing a system of fuzzy quantities using sets of α-levels are applied. Findings. The article proposes an approach to solving the problems of analysis and optimal planning of the processes of clinical monitoring of the patients’ treatment, represented as flow control in service systems under uncertainty. For its formalization and implementation, complex multilayer constructive-production models for ordering multi-sequences with fuzzy parameters have been developed. Originality. The work has developed constructive-production methods for modeling complex systems, presented in the form of a multilayer model FMLCPM, which are designed for the processes of ordering multi-sequences of elements with fuzzy parameters. In FMLCPM, layer models are proposed that provide accounting for fuzzy estimates of the complexity of ordering operations, classification of fuzzy parameters of output elements, the formation and analysis of individual fuzzy models of the processes of receipt of orders in service systems. Practical value. The practical value of the results obtained lies in the spectrum development of applications of the problems of optimal planning of the processes in the service systems, presented as an ordering of multi-sequences with fuzzy parameters. The complex models of FOMSCE processes developed in the article are suitable and effective for formalizing the tasks of analysis and optimal planning of clinical monitoring processes, as well as a wide range of other tasks for monitoring non-deterministic transport processes, logistics and service systems.

Improvement of pre-trial investigation as a factor of influencing on the ensuring of the economic security of Ukraine

The article considers the pre-trial investigation in the context of an integral part of the foundation of economic security of Ukraine.The main problems of the pre-trial investigation in the criminal process of Ukraine identified: poor-quality regulatory support; insufficient material and technical support of pre-trial investigation bodies; redundancy in the use of the institution of immunity by judges and deputies of Ukraine; overload of investigators.Economic security in the article refers to the state of security of the national economy from threats, in which it is able to ensure the development of society, its economic and socio-political stability.Pre-trial investigation is defined as the stage of criminal proceedings carried out with observance of human rights and freedoms, starts from the moment the information is entered into the Unified Register of Pre-trial Investigations and ends with either the closure of the criminal proceedings or the submission of one of the following criminal procedure documents to the court, namely: the indictment ; petitions for the application of coercive measures of a medical or educational nature; applications for exemption from criminal liability. The importance of pre-trial investigation is noted, since it is during this stage that the bulk of the evidence is collected.It was determined to be rational to use electronic document management systems with the use of electronic signatures in order to simplify the interaction between law enforcement agencies, the prosecutor's office and the court in conducting pre-trial investigation. In order to improve and partially solve the problems of the pre-trial investigation, it was proposed to create such an electronic document management system that would ensure formal correspondence with the help of technical means, coordination of the investigator's applications, receipt of court orders for execution, etc.

A coordination mechanism for supply chains with capacity expansions and order-dependent lead times

This paper considers a supply chain consisting of a retailer for short life cycle products facing stochastic customer demand and a manufacturer that initiates production upon receipt of retail orders. Departing from the common view of the newsvendor problem, we assume that the delivery lead time is not fixed, but that both the retailer and the manufacturer have the option to shorten it. Shorter lead times enable the retailer to place orders closer to the start of the selling season where additional information on customer preferences has become available, reducing demand uncertainty. In the work at hand, lead time is assumed to depend on the order quantity, on the supplier's production capacity, and a fixed transportation delay. This paper proposes a model for determining the optimal order quantity and production capacity in centralized and decentralized settings. For the uncoordinated case, we show that if the retailer's ability to gather and analyze additional demand information is revealed to the manufacturer, the arising information asymmetry between the two parties can aggravate the double marginalization effect and, in turn, erode supply chain efficiency. In a coordinated supply chain, however, both parties have an incentive to align both order quantity and investments in lead time reduction. To coordinate the decentralized supply chain, we propose a buy-back contract that helps to leverage supply chain profitability. We conclude with an outlook on future research opportunities.

Dynamic Programming Algorithms for Two-Machine Hybrid Flow-Shop Scheduling With a Given Job Sequence and Deadline

In “Shared Manufacturing” environment, orders are processed in a given job sequence which is based on the time of receipt of orders. This paper studies a problem of scheduling two-task jobs in a two-machine hybrid flow-shop subject to a given job sequence which is used in production of electronic circuits under shared manufacturing. Each job has two tasks: the first one is a flexible task, which can be processed on either of the two machines, and the second one is a preassigned task, which can only be processed on the second machine after the first task is finished. Each job has a processing deadline. Three objective functions related to deadlines are considered. The computational complexity of the problem for any of three objective functions is showed to be ordinary NP-hard, a dynamic programming algorithm (DPA) is presented for each case and the time complexity of each algorithm is given. The results of computational experiments show the relationship between the running time of DPA and the parameters, and also show the advantages of DPA in dealing with this problem compared with branch-and-bound algorithm and iterated greedy algorithm.

СКЛАДОВІ УПРАВЛІННЯ ЗБУТОВОЮ ДІЯЛЬНІСТЮ ПІДПРИЄМСТВА

The article investigates the components of sales management of an industrial enterprise. In the study of the theoretical foundations of sales management of the enterprise was considered the semantics of the concept of «sales», «sales management». The principles, functions and components of the sales management system were studied. Because of research of semantics of concept of «management of sales activity», the following generalizations are made: 1. The study of the concept of "sales management" in the works of most domestic scientists is focused on the study of the function of organizing the process of movement of goods from producer to consumer. 2. When studying the category of «sales management», almost all scientists emphasize the interpretation of the concept of «sales» and its elements. 3. In the works there is no study of the sales management system in the general management system of the enterprise. Therefore, we propose to consider the system of promotion of manufactured products on the market (formation and maintenance of demand, receipt and processing of orders, equipment for shipment to consumers, as well as shipment and delivery) and planning and organization of payments. In accordance with the defined purpose and content of the studied concept, the main functions of the sales management process were considered: forecasting and planning, organizational and coordination, stimulation and motivation; monitoring and control. Having analyzed the main categories of sales management, we have clearly outlined the principles of quality implementation of the sales process: compliance of goods with the needs and demands of consumers and market requirements; infrastructural and information-analytical support of sales activity; selection of optimal sales channels in terms of efficiency and profitability, as well as staffing and financial support of the sales system.

다제품 저장창고의 재고관리를 위한 적응 모형예측 제어기

An inventory control system was developed for a distribution system consisting of a single multiproduct warehouse serving a set of customers and purchasing products from multiple vendors. Purchase orders requesting multiple products are delivered to the warehouse in a process. The receipt of customer orders by the warehouse proceeded in order intervals and in order quantities that are subject to random fluctuations. The objective of warehouse operation is to minimize the total cost while maintaining inventory levels within the warehouse capacity by adjusting the purchase order intervals and quantities. An adaptive model predictive control algorithm was developed using a periodic square wave model to represent the material flows. The adaptive concept incorporated a stabilized minimum variance control-type input calculation coupled with input/output stream parameter predictions. The effectiveness of the scheme was demonstrated using simulations.

What do acquisition activities really cost? A case study in Estonian university libraries

Purpose – The purpose of this paper is to mainly find out how well is time-driven activity-based costing (TDABC) suits for a university library setting in Estonia. For this purpose, all activities related to acquisitions process were identified and recorded in detail, and the cost of all these activities related to acquisition process in Estonian university libraries based on the example of the TDABC method were anlyzed. Design/methodology/approach – The data used in this paper is based on a review of relevant literature to provide an overview of the concept of the different cost accounting methods suitable for the measurement of the acquisition process. Through a case study, conducted among Estonian university libraries, the TDABC approach was used to analyze the acquisition process in university libraries. More specifically, the acquisition process studied concerned print format books, audiovisual documents and sheet music, and covered acquisition processes such as receipt of orders, ordering documents, communication with bookshop (if necessary), receiving documents and communication with the customer. Findings – On the basis of the current study it can be said the TDABC methodology seems to be one of the best tools for understanding cost behavior and for refining a cost system for university libraries. While analyzing the results, it appeared that the difference in time and cost for acquiring a document can be remarkable and concerns both – acquiring foreign documents (documents from other countries) and acquiring domestic documents, and between the university libraries chosen for the current study. Originality/value – The subject of cost accounting as a performance measurement method is in general an unexplored field in Estonian university libraries. Time guidelines for acquiring the documents were, however, quite common in the 1980s in the USSR, including Estonia. Soviet-wide regulatory documents were issued on all library work processes, but each library could still implement their own rules. In the 1990s, the regulations were consigned to oblivion. Very few cost surveys involving different library activities have been carried out in Estonia and none have been published. Where such studies have been conducted, the results remain for internal use only.

The flying sidekick traveling salesman problem: Optimization of drone-assisted parcel delivery

Once limited to the military domain, unmanned aerial vehicles are now poised to gain widespread adoption in the commercial sector. One such application is to deploy these aircraft, also known as drones, for last-mile delivery in logistics operations. While significant research efforts are underway to improve the technology required to enable delivery by drone, less attention has been focused on the operational challenges associated with leveraging this technology. This paper provides two mathematical programming models aimed at optimal routing and scheduling of unmanned aircraft, and delivery trucks, in this new paradigm of parcel delivery. In particular, a unique variant of the classical vehicle routing problem is introduced, motivated by a scenario in which an unmanned aerial vehicle works in collaboration with a traditional delivery truck to distribute parcels. We present mixed integer linear programming formulations for two delivery-by-drone problems, along with two simple, yet effective, heuristic solution approaches to solve problems of practical size. Solutions to these problems will facilitate the adoption of unmanned aircraft for last-mile delivery. Such a delivery system is expected to provide faster receipt of customer orders at less cost to the distributor and with reduced environmental impacts. A numerical analysis demonstrates the effectiveness of the heuristics and investigates the tradeoffs between using drones with faster flight speeds versus longer endurance.

Wake-up call

Community disposals, which are privileged over custody as a response to young offenders, incorporate both punitive and rehabilitative elements in order to punish, deter and rehabilitate. Failure to comply with them has serious implications for young people, in both the short and longer term. In the literature a clear distinction is made between short term formal compliance with requirements of community orders, and more substantive (less measurable) engagement with the spirit of the endeavour to help young people turn away from crime. The article draws on a small qualitative study of young people in receipt of community orders and YOT workers, to explore aspects of supervision of young people in receipt of community disposals. In particular it focuses on ways in which YOT workers support young people to achieve compliance, how this support is received by young people and the implications for their longer term outcomes. The article suggests that while driven by an imperative to avoid breach among young people, levels and type of support provided may not necessarily enable young people to realize the longer term objective of desistance from crime.

Adaptive model predictive inventory controller for multiproduct warehouse system

An inventory control system has been developed for a distribution system consisting of a single multiproduct warehouse serving a set of customers and purchasing products from multiple vendors. Purchase orders requesting multiple products are delivered to the warehouse in a process referred to as joint replenishment. The receipt of customer orders by the warehouse proceeds in order intervals and in order quantities that are subject to random fluctuations. The objective of warehouse operation is to minimize the total cost while maintaining inventory levels within the warehouse capacity by adjusting the purchase order intervals and quantities. An adaptive model predictive control algorithm is developed using a periodic square wave model to represent the material flows. The adaptive concept incorporates a stabilized minimum variance control-type input calculation coupled with input/output stream parameter predictions. The boundedness of the control output under the suggested algorithm is mathematically proven under the assumption that disturbances in the orders are bounded. The effectiveness of the scheme was demonstrated using simulations.

Determining the core activities in the order fulfillment process: an empirical application

Purpose – This work examines the relationship between internal and relational capabilities and the creation of value to the end consumer in the case of the process of receipt, manufacture, and delivery of orders within the supply chain. This work develops a methodology to identify operations that generate core competences and those that do not, with the aim of improving the management of the supply chain. Design/methodology/approach – This work analyses the order fulfillment process in a representative sample of firms operating in a region of Spain. To accomplish the research objectives, a personal survey was conducted using a questionnaire to evaluate 13 activities of the order distribution process in the supply chain. Findings – The results of the study reveal that internal and relational capabilities explain the creation of value to the consumer. They also identify two groups of operations in line with their ability to be sources of relational or internal competitive advantage. With regard to the activities, it was shown that there are some activities that form part of the core competences, while others constitute non-core competences. This work demonstrates that the core activities generate higher value to the end consumer; however, it also shows how important the non-core activities may be to the creation of value. Practical implications – The work offers orientation as to how the analyzed process should be redesigned to obtain a competitive advantage. Thus, this higher value to the end consumer will enable the firm to reduce prices or at least maintain them, in which case the firm will be able to offer additional services that differentiate it from the competition. Originality/value – Finally, although the literature contains some works that analyze capabilities or relational performance, none to date have used variables such as activity simplification, integration and relational competitiveness in the framework of relational capabilities in the order fulfillment process. Another significant innovation of this work is the analysis at operation level, in which 13 activities belonging to an important process in the supply chain are analyzed.

Организационные аспекты бухгалтерского учета на предприятиях малого и среднего бизнеса при переходе на МСФО

The article examines the organization of accounting, the choice of accounts department structure and its interaction with other departments, the allocation of responsibilities between the parties of the reporting process by the international rules, the stages of the transformation the process of accounting by small and medium enterprises according to IFRS. Benefits that small businesses will receive during the transition to international financial reporting standards are obvious. Their use will lead to increased opportunities to attract funding at the global level. Small and medium enterprises will be able to participate in international tenders for the receipt of orders, analyze the financial condition of customers, will make more accessible and foreign loans. Having decided on the annual reporting on international accounting rules, the company should reconsider the order of accounting organizing. Methodological component of the transformation process depends, primarily, on the choice of the base set of IFRS, that will be used for reporting by small and medium-sized businesses

CBS (Contrastrain Based Schedulling) adalah Faktor Penentu Keberhasilan Perusahanan Printing

In a highly competitive industry faces today ranging from small or home-based printing to using machine that can print offset a hundred thousand copies per hour. But, the increasing competition resulted in requiring a faster production time from order entry, print proff until the production process to delivery to customers. Often times in case of orders which will result in the concurrent PPIC will experience vertigo in the setting of production schedules which have concurrent delivery time. Often will end up with no receipt of orders due to difficulties in the production schedule, especially if the orders require the same offset machine and cylinder wear the same length, while the number of cylinders is limited. Therefore, the printing company should be able to do so in the conduct of a penetration timing of production can easily be simulated and implemented on the ground. CBS (Base Constraint scheduling) is a technique to do the scheduling of production so that production can be carried out smoothly and quickly that fulfill the promise made to customers. In scheduling, there are several techniques that can be used are: FCFS (First Came First Serve), EDD (Earliest Date), and LCLS (Last Came Last Serve). So, it is required to be able to do way better scheduling to get results quickly in this fast changing schedules.