Objective To establish an economic value added(EVA)performance evaluation system to maintain the competitiveness of pharmaceutical company A under the environment of fierce competition in the pharmaceutical industry.M...Objective To establish an economic value added(EVA)performance evaluation system to maintain the competitiveness of pharmaceutical company A under the environment of fierce competition in the pharmaceutical industry.Methods An EVA performance evaluation model was established by adjusting the items of EVA performance evaluation index,such as after-tax profits,total invested capital and weighted average cost of capital rate.Results and Conclusion EVA values of pharmaceutical company A from 2014 to 2018 were calculated and compared with the traditional performance evaluation method,it was found that EVA performance evaluation model reflected the real performance of pharmaceutical company A.Therefore,pharmaceutical company A is doing well,but its growth rate is unstable.展开更多
With the rapid depletion of fossil fuel reserves, it is feared that the world will soon run out of its energy resources. This is a matter of concern for developing countries whose economy heavily leans on its use of e...With the rapid depletion of fossil fuel reserves, it is feared that the world will soon run out of its energy resources. This is a matter of concern for developing countries whose economy heavily leans on its use of energy. Under the circums-tances it is highly desirable that renewable energy resources should be utilized with maximum conversion efficiency to cope with the ever increasing energy demand. Furthermore, the global economic and political conditions that tend to make countries more dependent on their own energy resources have caused growing interest in the development and use of renewable energy based technologies. In terms of its environmental advantages, renewable energy sources generate electricity with insignificant contribution of carbon dioxide (CO2) or other greenhouse gases (GHG) to the atmosphere and they produce no pollutant discharge on water or soil and hence power generation from renewable becomes very important. Major types of renewable energy sources include solar, wind, hydro and biomass, all of which have huge potential to meet future energy challenges. Solar photovoltaic technology in one of the first among several renewable energy technologies that have been adopted worldwide for meeting the basic needs of electricity particularly in remote areas. In this paper literature review pertaining to techno-economic feasibility analysis of solar photovoltaic power generation is discussed. The literature is basically classified into the following three main category design methods, techno-economic feasibility of solar photovoltaic power generation, performance evaluations of various systems.展开更多
This paper is a revised and expanded version of a paper entitled “The static and dynamic criteria of building an investment asset portfolio” presented at International Conference on Applied Economics (ICOAE, 2014), ...This paper is a revised and expanded version of a paper entitled “The static and dynamic criteria of building an investment asset portfolio” presented at International Conference on Applied Economics (ICOAE, 2014), Chania, 3-5 July 2014 and published at Procedia Economics and Finance, Volume 14, Pages 575-584 (2014) [1]. At the previous research, it showed the significance to go beyond the scope of selecting one or another metric of static efficiency. And the attention was paid to the dynamic efficiency criteria. The ICOAE 2015 research gives brief results of that work, which is only one of applied areas of polydimensional efficiency measurement model (PEMM). Research work on PEMM conceptual and methodical elaboration has been started in the author’s dissertation study [2] and continued in the practical activity and materialized in Innovative LLC (limited liability company) creating project. The research is concentrating on the real economic benefit of 3D PEMM (thee criterial PEMM version) implementation. In the first part of ICOAE 2015 empirical study, the dynamic component of 3D PEMM on the industrial level was tested. Next, the company economic profit changes and dynamic-market 3D PEMM components correlation was estimated. Finally, the economic benefit of 3D PEMM functional operationalization in the framework of management systems development was calculated.展开更多
Seven kinds of used mineral lubricating oils,including hydraulic oils,film bearing oils,steam turbine oil and gear oils,were recycled by reclamation and adding additives.Physical and chemical properties of the recycle...Seven kinds of used mineral lubricating oils,including hydraulic oils,film bearing oils,steam turbine oil and gear oils,were recycled by reclamation and adding additives.Physical and chemical properties of the recycled oils were measured and their lubrication performances were evaluated by the original and modified four-ball testers.Worn surfaces were analyzed by energy dispersive X-ray spectroscopy and Raman microscope.The recycling costs of burning,re-refined and refortified were estimated.Results showed that physical and chemical properties of the refortified oils were improved effectively and became in the industrial access standard.With the different friction materials under different loads,refortified oils provided excellent lubrication performances,much better than those of fresh oils.Because of additives replenished,the different lubrication films could form on the worn surfaces.A rough financial calculation revealed that the refortification process could produce the most economic value among the three methods.展开更多
A transportation hub is the key link in the construction of the comprehensive three-dimensional transportation corridor of the Yangtze River Economic Belt,and is the basic factor responsible for the promotion of this ...A transportation hub is the key link in the construction of the comprehensive three-dimensional transportation corridor of the Yangtze River Economic Belt,and is the basic factor responsible for the promotion of this belt.A high-speed railway hub has the“last kilometer of time-space compression”effect and is the key to building an efficient,convenient,modern,and comprehensive transportation system.This study constructed a model for measuring the connection-distribution performance of the high-speed railway hub,determined the connection-distribution performance of the urban high-speed railway hub in the Yangtze River Economic Belt,and analyzed its spatial differentiation characteristics,further revealed the influencing mechanism of the connection-distribution performance of the high-speed railway hub.The main results are as follows:(1)The connection-distribution performance of the high-speed railway hub in the Yangtze River Economic Belt presented an“olive-shaped pattern”grade structure with two small ends and a large middle section,that is,the number of high-speed railway stations with high performance and average performance was small,and the number of high-speed railway stations with good performance and medium performance was large.(2)The connection-distribution performance of the high-speed railway hub in the Yangtze River Economic Belt showed a regional differentiation pattern of“high in the east and low in the west”and“high in the north and low in the south”,and showed an urban agglomeration differentiation pattern of“high in the core areas but low in the marginal areas”;moreover,spatial differences were prominent in the distribution of nine evaluation indexes of the connection-distribution performance of the high-speed railway hub.(3)GDP,urbanization rate,city level,station passenger flow and frequency of shuttle bus were key driving factors affecting the connection-distribution performance of the high-speed railway hub.At the same time,there were significant differences in the key driving factors for the connection-distribution performance grades of high-quality,good,medium and average.展开更多
文摘Objective To establish an economic value added(EVA)performance evaluation system to maintain the competitiveness of pharmaceutical company A under the environment of fierce competition in the pharmaceutical industry.Methods An EVA performance evaluation model was established by adjusting the items of EVA performance evaluation index,such as after-tax profits,total invested capital and weighted average cost of capital rate.Results and Conclusion EVA values of pharmaceutical company A from 2014 to 2018 were calculated and compared with the traditional performance evaluation method,it was found that EVA performance evaluation model reflected the real performance of pharmaceutical company A.Therefore,pharmaceutical company A is doing well,but its growth rate is unstable.
文摘With the rapid depletion of fossil fuel reserves, it is feared that the world will soon run out of its energy resources. This is a matter of concern for developing countries whose economy heavily leans on its use of energy. Under the circums-tances it is highly desirable that renewable energy resources should be utilized with maximum conversion efficiency to cope with the ever increasing energy demand. Furthermore, the global economic and political conditions that tend to make countries more dependent on their own energy resources have caused growing interest in the development and use of renewable energy based technologies. In terms of its environmental advantages, renewable energy sources generate electricity with insignificant contribution of carbon dioxide (CO2) or other greenhouse gases (GHG) to the atmosphere and they produce no pollutant discharge on water or soil and hence power generation from renewable becomes very important. Major types of renewable energy sources include solar, wind, hydro and biomass, all of which have huge potential to meet future energy challenges. Solar photovoltaic technology in one of the first among several renewable energy technologies that have been adopted worldwide for meeting the basic needs of electricity particularly in remote areas. In this paper literature review pertaining to techno-economic feasibility analysis of solar photovoltaic power generation is discussed. The literature is basically classified into the following three main category design methods, techno-economic feasibility of solar photovoltaic power generation, performance evaluations of various systems.
文摘This paper is a revised and expanded version of a paper entitled “The static and dynamic criteria of building an investment asset portfolio” presented at International Conference on Applied Economics (ICOAE, 2014), Chania, 3-5 July 2014 and published at Procedia Economics and Finance, Volume 14, Pages 575-584 (2014) [1]. At the previous research, it showed the significance to go beyond the scope of selecting one or another metric of static efficiency. And the attention was paid to the dynamic efficiency criteria. The ICOAE 2015 research gives brief results of that work, which is only one of applied areas of polydimensional efficiency measurement model (PEMM). Research work on PEMM conceptual and methodical elaboration has been started in the author’s dissertation study [2] and continued in the practical activity and materialized in Innovative LLC (limited liability company) creating project. The research is concentrating on the real economic benefit of 3D PEMM (thee criterial PEMM version) implementation. In the first part of ICOAE 2015 empirical study, the dynamic component of 3D PEMM on the industrial level was tested. Next, the company economic profit changes and dynamic-market 3D PEMM components correlation was estimated. Finally, the economic benefit of 3D PEMM functional operationalization in the framework of management systems development was calculated.
基金supported by the National Basic Research Program("973" Project)(Grant No.2013CB632303)the Scientific Research Plan of Hubei Education Department(Grant NO.Q20131707)
文摘Seven kinds of used mineral lubricating oils,including hydraulic oils,film bearing oils,steam turbine oil and gear oils,were recycled by reclamation and adding additives.Physical and chemical properties of the recycled oils were measured and their lubrication performances were evaluated by the original and modified four-ball testers.Worn surfaces were analyzed by energy dispersive X-ray spectroscopy and Raman microscope.The recycling costs of burning,re-refined and refortified were estimated.Results showed that physical and chemical properties of the refortified oils were improved effectively and became in the industrial access standard.With the different friction materials under different loads,refortified oils provided excellent lubrication performances,much better than those of fresh oils.Because of additives replenished,the different lubrication films could form on the worn surfaces.A rough financial calculation revealed that the refortification process could produce the most economic value among the three methods.
基金The Key Project of National Natural Science Foundation of China,No.41930644。
文摘A transportation hub is the key link in the construction of the comprehensive three-dimensional transportation corridor of the Yangtze River Economic Belt,and is the basic factor responsible for the promotion of this belt.A high-speed railway hub has the“last kilometer of time-space compression”effect and is the key to building an efficient,convenient,modern,and comprehensive transportation system.This study constructed a model for measuring the connection-distribution performance of the high-speed railway hub,determined the connection-distribution performance of the urban high-speed railway hub in the Yangtze River Economic Belt,and analyzed its spatial differentiation characteristics,further revealed the influencing mechanism of the connection-distribution performance of the high-speed railway hub.The main results are as follows:(1)The connection-distribution performance of the high-speed railway hub in the Yangtze River Economic Belt presented an“olive-shaped pattern”grade structure with two small ends and a large middle section,that is,the number of high-speed railway stations with high performance and average performance was small,and the number of high-speed railway stations with good performance and medium performance was large.(2)The connection-distribution performance of the high-speed railway hub in the Yangtze River Economic Belt showed a regional differentiation pattern of“high in the east and low in the west”and“high in the north and low in the south”,and showed an urban agglomeration differentiation pattern of“high in the core areas but low in the marginal areas”;moreover,spatial differences were prominent in the distribution of nine evaluation indexes of the connection-distribution performance of the high-speed railway hub.(3)GDP,urbanization rate,city level,station passenger flow and frequency of shuttle bus were key driving factors affecting the connection-distribution performance of the high-speed railway hub.At the same time,there were significant differences in the key driving factors for the connection-distribution performance grades of high-quality,good,medium and average.