Green Investment Cost Optimization Model in the Supply Chain

The objective of this study is to develop a model that determines the optimal points for investment in green management by defining a mathematical relationship between carbon trading profits and investments in green management using a company’s supply chain information. To formulate this model, we first define and analyze a green supply chain in a multi-dimensional and quantitative manner. The green investment alternatives considering in our model are as follows: 1) purchasing eco-friendly raw materials that cost more than conventional raw materials but whose use in production results in lower CO2 emissions;2) replacing current facilities with new eco-friendly facilities that have the capability to reduce CO2 emissions;and 3) changing modes of transport from less eco-friendly to more eco-friendly modes. We propose a green investment cost optimization (GICO) model that enables us to determine the optimal investment points. The proposed GICO model can support decision-making processes in green supply chain management environments.

Optimal investment with transaction costs based on exponential utility function:a parabolic double obstacle problem

This paper concerns optimal investment problem with proportional transaction costs and finite time horizon based on exponential utility function. Using a partial differential equation approach, we reveal that the problem is equivalent to a parabolic double obstacle problem involving two free boundaries that correspond to the optimal buying and selling policies. Numerical examples are obtained by the binomial method.

Investment risk of rural family education: From the persepective of educational cost and income

With the implementation of the policy of popularization of education, rural families make the choice of interests and behavior decisions through the calculation of their own benefits and costs, and gradually become the main body of rural education investment decisions. The relationship between educational cost and income plays a major role in the rural family education investment. Based on the current situation of rural education in our country, this paper focuses on the risk of rural education investment and rural education costs and benefits, and then puts forward scientific, operational measures and suggestions.

Quality-Oriented Facade Systems： Initial Investments vs. Global Cost Approach

An analysis applied to an existing building considering the whole service life, regulated or, if any, measured, of energy/technological upgrading action does not only require initial investments to be taken into account. Of course, such investments are significant and will have to be considered at a first stage, but it is not the only aspect to be considered. Provisions of Construction Procurement Guidance, No.7 Whole Life Costs state： ＂All procurement must be made solely on the basis of value for money in terms of the optimum combination of global costs--and not only initial investment costs--and quality to meet the user＇s requirements＂.

An Investment Cost ,Analysis of Solar Hot Water System Combined with Economizer for Industry

A combination of solar hot water system with the economizer for heating the water that circulates in the hot water storage tank is presented with the objective to reduce and analyze the cost of investment. The solar collector area will be affected to the investment cost of the solar hot water system. A combined system can be reduced the cost of solar collector by using the waste heat from the economizer to produce the hot water for reaching the requirement of the industry. In this paper the economizer installs in the boiler stack of the industry and produces hot water at 60 ℃ of 5,400 liter per day and the solar hot water system produces the hot water at the same temperature of 6,100 liter per day. The analysis is proposed by determining the solar collector plate area from the data and calculation. Investment cost of the system is 151,000 baht for the solar hot water system of 110,000 baht and the economizer of 410,000 baht for producing the total hot water of 115,000 liter per day.

Security investment and information sharing for complementary firms with heterogeneous monetary loss

Two complementary firms＇ information sharing and security investment are investigated. When two complementary firms with heterogeneous assets are both breached, it is assumed that they suffer different losses which are associated with their information assets. Some insights about optimal strategies for the firms and the attacker are obtained by the game theory, which forms a comparison with those derived from substitutable firms, and those derived from complementary firms with homogenous loss. In addition, both the unit transform cost of investment and the extent of firms＇loss affect the optimal strategies.Assuming that firms can control information sharing, security investments and both of them, respectively, the effect of the social planner is further analyzed on the information sharing, firms＇ aggregate defence, the aggregate attack and social total cost. Finally, some policy advice is provided through numerical simulation. Results show that firms are willing to choose security investment centrally rather than individually, but an intervention in information sharing by the social planner may not necessarily be preferable.

A PATH-DEPENDENT MODEL OF INVESTMENT AND EMPLOYMENT FLOW IN A LARGE ECONOMY IN A PROCESS OF INTEGRATION

This paper meant to analyze the spatial evolution of a large country in its process of integration with the world economy in general, and, to look into the possible effect of China′s accession into WTO on the future development of its spatial economy in particular. Through an approach of increasing returns, external economy, product differentiation and path-dependence, with foreign trade costs incurred by different regions within the large country discriminated, a model of investment and employment flow is developed as a simulation of a large country′s process of integration with the world economy. The modeling indicates that in the process of integration, as there exist differences in foreign trade costs among different regions within the large country, either the spatial economy of the country deviates from its symmetric structure in autarky and falls into a core-periphery relationship, or the effect of industrial agglomeration is reinforced, amplified and locked in, if the agglomeration had been started. The economic gap on either the aggregate or structural basis between different regions within the large country will increase rapidly as the integration proceeds.

AModeling Analysis of Local Governments Competing in Offering Subsidies to Attract Investment：the Cause of Industrial Overcapacity]

Although championed by academia and policy-makers, the theory of ＂wave phenomenon＂ is a questionable explanation for overcapacity. First, enterprises do not necessarily share the same expectation for future demand of a promising industry. Second, in its model, overcapacity is explained as a deviation from equilibrium under the incomplete information hypothesis, which is in fact nothing but normal in a market economy. The prime reason for overcapacity resides in the fact that local governments are engaged in a subsidy competition to attract investment. We endeavor to illustrate the following via modeling： the subsidy effect produced by local government＇s offering of cheaper land and matching loans results in less investment from companies. Under this circumstance, enterprises channel a disproportionate amount of funding to building production capacity, which overloads the entire industry. To address the problem, reforms are needed in land property, environmental protection policies, and financial and fiscal systems.

IT Project Evaluation and Investment Decision

There are many kinds of real options,which are valuable,in each phase of the lifetime of an information technology(IT)project.However,in the current IT investment decision theory,real options that embedded in IT projects are not considered. In this paper, the process of IT project decision and implementation is fully analyzed, the real options that may be embedded in an IT project are identified, and a real option analysis (ROA) method is proposed for evaluation of an IT project under uncertain business environment. ROA employs Black-Scholes expansion model and cancels the assumption that the cost of project is certain. The numerical example manifests that the ROA can better evaluate IT project and select the IT investment alternative. Finally, a road map is provided to help selecting the suitable evaluation method to make IT investment decision.

Analysis on Investment Behavior of Agricultural Sector in China

In the process of industrialization, China has been a big agricultural country, and the agricultural sector＇s economic activities have been playing important role in economic growth. This paper established the investment behavior model of agricultural enterprises on the basis of Chinese practice. And then, the model presented the important factors impacting on investment, such as financing cost, wage, and policy factors, etc. Thirdly, this paper in particular used R-studio to estimate the impact of fmancing cost and policy factor on investment and capital accumulation of primary industry sector by gathering the data from 2003 to 2013. The results showed that the official interest rate of loans of financial institutions could be the proxy variable as the financing cost of agricultural enterprises, and the employment level of agricultural enterprises had negative impact on investment. Finally, this paper provided some explanations and suggestions on the basis of above results.

Cost Control Strategies in the Pre-Construction Period of Highway Construction

Effective cost control in the investment and design phases of highway construction is crucial for managing project expenses.However,current management practices often overlook pre-construction cost management,leading to budget overruns and project delays during later stages.To ensure the smooth execution and cost control of highway construction projects,this paper examines the significance of cost control,evaluates the current state and challenges of highway construction,and proposes strategies for cost management.These strategies aim to establish a robust foundation for cost management in highway projects.

不同视角下基于InVEST模型的流域生态补偿标准核算--以渭河甘肃段为例

补偿标准是生态补偿项目研究的核心内容。为提高补偿标准的可操作性,以渭河干流甘肃段为研究区,基于流域生态补偿标准范围界定,在考虑耕地向多种林地转化情况下采用In VEST模型和加权法核算流域新增生态服务量,并以新增生态服务价值为补偿上限,农户机会成本为补偿下限,先从国家新一轮退耕还林政策导向视角,探讨15°—25°和25°以上坡耕地退耕还林的差异化补偿标准。再从利益公平分配视角,耦合机会成本投入与生态系统服务产出,探讨生态补偿净收益不同地区的差异化补偿标准。结果表明:(1)渭河干流甘肃段退耕还林,生态补偿标准范围为146.39—481.98万元km^(-2)a^(-1)。(2)重要水源地一级保护区和保留区迎水面15°—25°坡耕地全部退耕还林需补偿金额13.95—33.55亿元。25°以上坡耕地全部退耕还林需要补偿金额12.96—28.35亿元。(3)各县/区比较,退耕还林净收益麦积区最大,陇西县最小。其生态补偿范围分别为202.23—727.92、96.99—136.53万元km^(-2)a^(-1)。

基于InVEST模型和最小成本路径的城市绿色空间生境网络构建方法研究——以南京为例

提出以城市绿色空间为载体,选取不同生境类型、对城市化适应能力不同的物种为目标物种,结合物种观测数据和InVEST模型生境质量评估模块进行生境源地的识别及成本面信息的提取,应用最小成本路径综合模拟出城市绿色空间生境网络的方法。以南京为例,选取了9种鸟类作为目标物种,分析了其现状城市绿色空间网络结构。结果表明,迁移能力和城市化适应能力对物种分布的范围和生境类型的广泛程度影响较大。现状网络对城市化适应能力强或迁移能力强的物种较友好,对城市化适应能力差且迁移能力弱的物种有严重不良影响。对于综合的网络,中部的核心区多但被建设区割裂,北部的核心区少而分散,南部的核心区少但联系紧密,三部分的主要连通性结构为滁河、溧水河、秦淮河、秦淮新河和较连续的山林地或水库坑塘。此外,在半自然生境斑块内也生成了许多分散路径,部分联系紧密的斑块形成了组团结构。最后,根据以上结果提出了相应建议。

大学生“蹲考族”现象研究:理性人假设的视角

近年来,大学生就业形势日益严峻,越来越多的失业大学生选择了“蹲考”。访谈和问卷调查发现,蹲考族表现为以自愿性蹲考为主、获得家庭支持、期望到体制内单位和大城市或家乡城市就业等特征。从理性人假设的角度来看,蹲考族现象的原因在于蹲考的预期收益大于预期成本。严峻的就业形势降低了蹲考的机会成本,家庭的支持增强了蹲考族对经济成本和心理成本的承受能力;蹲考的预期收益包括更多的就业机会和更高的就业质量。蹲考是失业大学生为了实现预期收益最大化的理性选择,是一种人力资本投资行为,体现了一种自立自强的奋斗精神和人生态度,无法也无必要完全消除。应对蹲考族现象的解决思路在于:提高其考试成功概率,提高大学生就业率和就业质量。

Modelling spatial variation in the treatment costs of nonpoint source pollution in mountainous regions of southwest China

Non-point source(NPS) pollution is considered to be one of the main threats of the aquatic environment. Mountainous regions are particularly important water sources for urban areas. The various driving factors of NPS pollution such as terrain, precipitation, and vegetation type in mountainous regions show clear spatial heterogeneity. Consequently, the management systems required for NPS pollution in mountainous regions are complex. In this study, we developed a framework to estimate and map the treatment costs for NPS pollution in mountainous regions and applied this method in Baoxing County, a typical mountainous county in Sichuan Province of southwest China. The export levels of total nitrogen(TN) and total phosphorus(TP) in Baoxing County were estimated using the water purification model in InVEST(Itegrated Valuation of Ecosystem Services and Tradeoffs) tool. NPS pollutant treatment costs were calculated based on the level of pollutants exports, water yield, water quality targets, and treatment costs of NPS pollutants per unit mass. The results show that at the watershed level the amounts of TN and TP exported in Baoxing County were below threshold limits. However, at the sub-watershed level, TN and TP excesses of 291.64 and 2.96 tons per year were found, respectively, with mean TN and TP treatment costs of 6.58 US$/hm^2 and 0.35 US$/hm^2. Appraising pollution treatment cost intuitively reflects the overall expenditure in NPS pollution reduction from an economic perspective. This study provides a foundation for the implementation of Payment for Ecosystem Service(PES) and the prevention and control of NPS pollution.

Methods and Countermeasures of Controlling Drilling Cost under New Normal

The oil price drops in the international crude oil market and the benefit of upstream operations reduces which has been the new normal of oil companies so far. The upstream operations production and management of oil companies face numerous problems and challenges. One of the most significant aspects is to control and optimize investment. Drilling investment is an important component of development investment in drilling oil and gas wells. This paper proposes ways and countermeasures of controlling drilling cost from 3 aspects which are technology innovation, management innovation and system innovation on basis of studying drilling cost structure and influence factors analysis. The results have some guidance and exemplary significance to show how to improve production and management effect respectively on upstream operations of oil companies under new normal.

Cost Accounting, Ethical Accountability, and Accounting Principles

This essay explains why cost accounting, ethical accountability, and accounting principles are interrelated concepts. During the past two decades, the relationship between accounting systems and discharge of accountability has increasingly drawn the attention of researchers. However, researchers have shown a marginal interest in the inclusion and examination of the theme of cost accounting, and in particular, no interest has been oriented to explore the potential role of cost accounting in serving presentation of the trustful cost information as regards the discharge of accountability. In this essay, we will reason that the traditional discourse of cost accounting is fundamentally different from the managerial discourse of cost accounting. The traditional cost accounting is built upon the ethical, legal, professional, and principle-based discourses. By exploring the differences between the two cost accounting discourses, this essay will reduce the effect of current skeptical views with which quality of our academic education, relevance of our research, and our understanding of the potential role of cost accounting in serving the provision and presentation of trustful information have been seriously undermined.

Financial Modeling of Accounting Costs Acquisition of Arms

In case of restrictive defense budget financing, efficient and effective use of funds is now more than ever becoming a crucial question in functioning of the Ministry of Defense and Serbian Armed Forces （MoD and SAF）. Any investment in acquisition of arms and military equipment （AME） due to financial significance does not allow mistakes in decision making. Qualitative analysis of cost of assets through the entire programmed lifecycle is a complex multi-disciplinary and multi-criteria problem whose solving requires application of the model multi-criteria optimization. In our operational practice thus far, solving the said problems there wasn＇t enough the model multi-criteria optimization so the optimal results were lacking. In this paper investment process of AME in the MoD and SAF was analyzed, from the point of cost treatment in the process, its flaws have been pointed out and a more comprehensive - integrated approach has been suggested.

产业政策、基金投资与企业股权再融资

如何有效引导资金流向政策支持的产业,是产业政策发挥效果、促进金融服务经济的关键。根据“产业政策引导基金投资,基金投资与产业政策的有机结合影响企业再融资”的思路,研究了产业政策对基金投资行为的影响,并进一步研究了产业政策影响下的基金投资能否促进企业再融资问题。研究发现:产业政策能引导基金投向政策支持的企业;基金持股与产业政策的交互作用引导资本市场资金流向政策支持的企业,促进企业再融资。研究有助于深入理解产业政策、资本市场主体行为和市场资源配置之间的关系,更好发挥产业政策的导向作用和金融支持实体经济的功能。

投服中心行权会影响企业劳动投资效率吗?——来自中国上市公司的经验证据

中证中小投资者服务中心(以下简称“投服中心”)推出的持股行权政策是资本市场的重要制度创新,为解决中小投资者保护难题提供了政策思路。基于2014—2020年中国A股上市公司数据,构建多期双重差分模型检验了投服中心行权对企业劳动投资效率的影响。研究发现,投服中心行权能够显著提升企业劳动投资效率。机制检验结果显示,投服中心行权通过降低信息不对称和缓解代理问题进而提升企业劳动投资效率。异质性分析结果表明,在劳动投资不足、治理水平较低的企业中,以及行权方式为专项行动、股东大会和网上行权时,投服中心行权对企业劳动投资效率的提升效应显著。进一步研究发现,投服中心行权通过提升劳动投资效率,提高了企业业绩和企业价值。因此,应充分发挥投服中心行权对企业劳动投资效率的提升作用,提高公司治理水平,以保护中小投资者合法权益。