Savings Of Financial Resources Research Articles

Prospects and challenges in logistics management of international companies

Inventory management models are aimed at establishing optimal batch sizes of resources that will be subsequently used in the production process. The author believes that the use of this model makes it possible to set order sizes not «manually» by employees of the supply department, but rely on an optimization economic and mathematical model. Considering that these calculations are given only for one item of purchased inventory items, we can conclude that expanding the use of this approach to other types of purchased parts and raw materials will contribute to greater savings in financial resources. The option proposed in the article helps to save the Company's expenses on the type of inventory under consideration by $244,4 per year compared to the original option (or by 1,3 %). Minimizing overall transportation costs will depend on optimal vehicle loading. Optimal loading of vehicles will minimize the number of vehicles involved in transportation, and therefore reduce the overall costs of delivering products to customers. The results of the work can be used to improve the Company's inventory management, as well as to solve problems of transport support for entering a new market (transport routing). The combination of ABC and XYZ analyzes will make it possible to have a visual representation of all inventories in the Company’s warehouse through the formation of standard groups of inventories, in relation to each of which the inventory management policy will be different. Considering the steady growth rate of the company's sales, the author recommends expanding the sales network by entering new markets, which could be, for example, regions of the Russian Federation.

RESTORATION OF THE DAMAGED SEWAGE COLLECTOR AS A CONSEQUENCE OF MILITARY AGGRESSION

The conditions of military aggression and a limited budget pose a number of challenges to the system of sewage networks, the solution of which is critically important for maintaining the functionality and efficiency of the infrastructure. Accidental damages that have occurred in recent years on the sections of sewer tunnels in the city of Kharkiv are evidence of the main cause of local collapse - damage to the reinforced concrete structure of the tunnel vault as a result of biogenic corrosion. At the same time, as a rule, the tray part, which is constantly filled with sewage, remains intact and can be used as a basis for further repair and restoration works. The article examines the technology developed by the authors for repair and restoration works on destroyed sewer tunnels using basalt tiles. The calculation of the tunnel fragment was carried out using the finite element method in PC SKAD, which allows determining the reinforcement scheme of the reinforced concrete structure. This design ensures the stability of the newly created sewer tunnel when it is affected by traffic that is on the surface of the soil. To justify the feasibility of using the proposed technology, two options for restoring the destroyed tunnel were considered: the method using stone casting tiles; method of replacing destroyed pipes with polyethylene ones. As an example, a section of the tunnel with an internal diameter of 1840 mm was chosen. The calculation of the economic effectiveness of the implementation of organizational and technological solutions for the repair and restoration of sewer tunnels using basalt tiles showed that the reconstruction of the tunnel using the method of laying basalt tiles (alternative technology) is almost twice as effective, which is economically feasible and scientifically justified. And under the conditions of tough market competition and savings of financial resources, the priority indicator of choosing a technology, according to comparable operational characteristics, is its cost. Keywords: sewer tunnel, basalt, technological solutions, economic efficiency, open method.

Efficiency of criminal proceedings and their cost

To sum up, it should be stated that the concept of efficiency should be understood as a quick, effective and rational operation of the participants in the proceedings, taking into account the principles of efficiency and savings of financial resources. The length of proceedings is one of the most acute problems not only of criminal law, but also of the administration of justice in general. The first and foremost reason for such a classification is that the excessive length of proceedings prevents a fair hearing, since it does not respect the constitutional right to have a case heard without undue delay. Secondly, long proceedings generate high costs, an issue particularly important when these costs are borne by the State Treasury and thus not by the convict whose culpable behavior has caused them to arise.The issues of efficiency of criminal proceedings and their costs are inextricably linked. Furthermore, it establishes that the efficiency of criminal proceedings determines the level of generated costs. The research shows that the quality of the proceeded cases depends on the financial outlays and that the costs indicated by the procedural authorities do not correspond with those actually incurred. In conclusion, it should be pointed out that financial aspects fall within the scope of the regulatory impact assessment and constitute a priority when im-plementing new legal provisions, in direct relation to the economic analysis of law and the efficiency and costs of ongoing proceedings.

Evaluating the Cost of Prevention Programming and Universal Screening with Discrete Event Simulation.

Discrete Event Simulation (DES) is a novel system modeling technique that allows for the evaluation of the potential costs and personnel needed for mental health services in school. A case study is presented to illustrate how DES could be used by a school's decision makers to help plan for implementation of an integrated mental health service model. Discrete Event Simulation was used to model the personnel, time, and costs of an integrated mental health service model within a school setting. In addition, costs are calculated and then compared to a business as usual model. Data from the present investigation indicate substantial cost savings of implementing a prevention oriented mental health intervention model within a school setting. In a school of 1000 students, the prevention model could result in an annual cost savings of approximately $30,000 as well as a 50% reduction in disciplinary referrals and 22% reduction in suspensions. Results from the present investigation indicate substantial savings in financial resources and overall numbers of disciplinary infractions when implementing a prevention model. The DES allows for customization of personnel and time to modify the model and resulting output to local conditions. These data may allow school administrators to modify resources to meet student needs. In addition, cost data can help address some of the common implementation barriers associated with adoption of universal screening and preventative mental health services.

Integration of the supply system in design

The article discusses ways to obtain positive effects when integrating the supply system into the design during the implementation and completion of the investment-construction project. The use of the principles of centralization and decentralization with the distribution of the main functions of the parent and subsidiary construction organizations is proposed. The improving mechanism for the material and technical supply system is consolidated according to principles of planning, organization, and control. The stages of a supply system integration into the building design are proposed during the implementation of the investment- construction project. The proposed mechanism allows you to plan the work of the supply system during the construction period, reduce the time frame for the implementation of the investment-construction project and obtain savings in financial resources.

Implementation of City Information Modeling (CIM) concepts in the process of management of the sewage system in Piumhi, Brazil

The municipality of Piumhi, Brazil, lives with sewage system problems. Currently the model used by the SAAE (local Water and Sewage Public Provider) only provides corrective actions. The combination of the concepts BIM and GIS will allow the movement towards the City Information Modeling, seen in a promising way for public management. The purpose of this research is to develop a management model for the sewage network that focus on preventive actions, allowing a decision-making process based on accurate information. Meetings were held with the municipal autarchy, enabling a diagnosis of the current situation and the determination of strategies for dices collect. 1731 wells were surveyed, with the following data collected: depths, geographic coordinates, diameter, pipe’s material and flow direction in each section. The wells in the sewage network were 1291 visible, 316 unseen and 64 non-precision coordinates. The wells in the sewage interceptors were 56 visible and 4 unseen wells. Due to the high percentage of unseen wells (18,5%) many alignments of the sewage network were no determined, what is recommended to be done as maintenance occurs in the existing infrastructure. A web management tool for QGis and tutorials will be, allowing SAAE to carry out the preventive management of the sewage network. The development of a reliable database will allow the identification of problems and the comparison of the conditions and characteristics of the existing networks, allowing the SAAE to define assertive actions to improve infrastructure performance and generate savings in financial resources, equipment and manpower.

The reverse logistics helping to reduce costs of raw material in a pressure aluminum casting

AbstractThis paper analyzes the influence of an aluminum smelter of reverse logistics on its reuse of domestic raw materials. It also analyzes reverse logistics financial impact on the smelter, and how reverse logistics can help reduce the purchase of raw materials, which optimizes inventory and controls costs. In addition to environmental savings, it is also possible for reverse logistics to make an organization more powerful in the competitive market. This case study was carried out based on a review of the literature on policies, programs, regulations and laws, as well as on related work in reverse logistics, particularly related to the recycling of aluminum recycling. The reverse logistics actions by the company analyzed in this study achieved annual savings (in U.S. dollars [US$]) of US$ 68,437.70. The study shows that a well‐managed reverse logistics program can be effective and can reduce phases within the organization, achieving not only considerable savings in financial resources but also constituting a social responsibility action.

Organization of the Internal Audit System at the Oil and Gas Company

The research subject of the article is the internal audit as one of the ways to control efficiency of oil and gas company activity. The aim of the study is to organize the internal audit of taxes and levies of the oil and gas company. Based on the summary program of company audit it is proposed to design the financial audit of taxes and levies. The program of audit on taxes and levies is drawn up in the form of an action pack. Practical approval of the proposed program allowed revealing a need to implement tax design. The author suggests recommended practice for the consistent implementation of the tax design through eight consolidated procedures and proposes tax management scheme for the oil and gas company. The calculations have shown that the implementation of tax coordination allows achieving significant savings of financial resources of the oil and gas company. Based on results obtained the author believes that the proposed system of internal audit of taxes and levies may serve a recommended practice for financial savings of oil and gas companies of the Russian Federation.

Development of energy-saving technology maintaining the functioning of a drying plant as a part of the cogeneration system

The technology of the drying plant functioning at the level of decision making for the production of pellet fuel was suggested. The use of the integrated system of the estimation of a change in the air moisture content in the drying chamber, obtained on the basis of the mathematical and logical simulation as a part of the cogenerating system, allows coordinating the temperature and aerodynamic drying modes of timber drying on the basis of a change in the rotation frequency of the electric motor of the air fan by measuring the air temperature at the inlet into the heat exchanger. For example, with the production of 5,8 thousand tons of wood pellets per year, it is possible to provide 860 apartments of the area of 120 m 2 with the pellet fuel, which allows reducing the cost value of the electric energy and of the heat production by 20–30 % and obtaining savings of financial resources up to 40 % with the use of pellet fuel for heating and hot water supply on the condition of considering the frequency regulation of the electric motor of the air fan for the timber drying

NATIONWIDE HYBRID CHANGE DETECTION OF BUILDINGS

The Fundamental Base of Geographic Data of the Czech Republic (hereinafter FBGD) is a national 2D geodatabase at a 1:10,000 scale with more than 100 geographic objects. This paper describes the design of the permanent updating mechanism of buildings in FBGD. The proposed procedure belongs to the category of hybrid change detection (HCD) techniques which combine pixel-based and object-based evaluation. The main sources of information for HCD are cadastral information and bi-temporal vertical digital aerial photographs. These photographs have great information potential because they contain multispectral, position and also elevation information. Elevation information represents a digital surface model (DSM) which can be obtained using the image matching technique. Pixel-based evaluation of bi-temporal DSMs enables fast localization of places with potential building changes. These coarse results are subsequently classified through the object-based image analysis (OBIA) using spectral, textural and contextual features and GIS tools. The advantage of the two-stage evaluation is the pre-selection of locations where image segmentation (a computationally demanding part of OBIA) is performed. It is not necessary to apply image segmentation to the entire scene, but only to the surroundings of detected changes, which contributes to significantly faster processing and lower hardware requirements. The created technology is based on open-source software solutions that allow easy portability on multiple computers and parallelization of processing. This leads to significant savings of financial resources which can be expended on the further development of FBGD.

Cost Analysis of a Wood Chip Boiler House with a Gas Condenser

Abstract The goal of the article is to analyze the cost of fuel for a small-capacity woodchip boiler house as well as operation of a condenser and assess the decrease in cost if a flue gas condenser is installed. The article examines the cost chain of fuel: the price of the fuel itself, the hourly rate depending on capacity and specific cost per unit of produced energy. The object of study is the Ludza (Latvia) district heating system heat source – a boiler house with an 8 MW woodchip boiler fitted with a direct contact condenser. An analysis of the specific costs of the flue gas condenser shows that the condenser has a capacity threshold above which a savings of financial resources can be observed. As the capacity falls below the threshold, the condenser operates at a loss and its operation costs are greater than its income, which are determined by the woodchip savings. The analysis shows that during the nine months of the 2012-2013 heating season the condenser operated with an economic effect and also without this effect. The total assessment is provided by a cost-benefit balance assessment, which determines the specific pure gains obtained during the studied time period. Condenser disconnection in the case of low capacity is examined.

Interdisciplinary approach in development and implementation of local guideline for surgical antimicrobial prophylaxis: Experience of the university hospital 'Tsaritsa Yoanna - ISUL', Sofia, Bulgaria

Objective Surgical antimicrobial prophylaxis (SAP) is a method proved to be effective in reducing the risk of surgical site infections (SSI). Although there are numerous international and local Guidelines, SAP is often performed inappropriately. The monitoring that was carried out at the Surgery Clinic of the University Hospital 'Tsaritsa Yoanna - ISUL' in August 2008 showed a high level of inappropriately performed SAP. In order to optimize SAP, a Local Guideline (LG) for SAP was developed. Methods LG for SAP was developed and implemented using the interdisciplinary approach, on the basis of internationally accepted standards of SAP, taking into account the specifics of the hospital. Monthly monitoring of the level of compliance of SAP with the LG for SAP was carried out. The use of antimicrobial agents (AMA) at the Clinic was reported using the DDD/100 patient day method. Results Three months after the LG implementation, the rate of appropriately performed SAP increased from 5% to 40% and at the end of 2009 even to 92%. The AMA usage in 2009 was reduced by nearly 26%: from total of 58.71 DDD/100 patient days in 2008 to 43.45 DDD/100 patient days and total AMA costs were reduced by more than 31%: from € 29.764 in 2008 to € 20.300 in 2009. Conclusions The interdisciplinary approach in the development and implementation of LG for SAP led to SAP optimization at the Surgery Clinic, significant reduction in AMA usage and considerable savings of financial resources.