According to the featUres of the management, the authors put forward the Marketing/ProductioMiogistics integrated MIS used in small&med turn manu facturing companies after analyZing the application limitation of M...According to the featUres of the management, the authors put forward the Marketing/ProductioMiogistics integrated MIS used in small&med turn manu facturing companies after analyZing the application limitation of Marll and CIMS in this paper,which focus on the integrating feathes of information and the architectUre of MPUCIM/MIS. The benefitS MPUCIMfMIS brought to a company are also introduced.展开更多
In combination with the data of loss-making listed companies in manufacturing industry at capital market in 2008-2010,this paper analyzed the characteristics of loss of listed companies.Major reasons include the blind...In combination with the data of loss-making listed companies in manufacturing industry at capital market in 2008-2010,this paper analyzed the characteristics of loss of listed companies.Major reasons include the blind investment of management personnel,low operation and management level,blind pursuit of diversified operation,improper stock right structure,weak supervision of government,and imperfect delisting system.Finally,it came up with some countermeasures,including improving quality of management personnel,management personnel selecting proper investment projects,strengthening internal management of enterprise,implementing effective asset rearrangement,setting up effective incentive and restrictive mechanism,bringing into play regulation function of banks,improving delisting mechanism,reducing centralization of state owned stock right,and establishing and improving market information disclosure system.展开更多
For the past few years, noise pollution has been more and more serious, and it may lead to several diseases. While the humans expose to noise in quantity for a long time, their blood pressure will change, and even cau...For the past few years, noise pollution has been more and more serious, and it may lead to several diseases. While the humans expose to noise in quantity for a long time, their blood pressure will change, and even cause changes in cardiac function. In our study, we attempt to find the relationship between occupational noise and hypertension and impaired hearing, cardiac function. It may be helpful to obtain some useful information on occupational noise exposure of humans. The participants were divided into noisy group ≥90 dB (A) and non-noisy group ≤70 dB (A). We performed this research in an automobile manufacturing company of Chongqing, China during 2011-2012. Our study showed that there may be positive associations between?occupational noise and hypertension and impaired hearing, but no conclusion can be drawn between occupational noise and ECG.展开更多
The main focus of this scientific article is organizational culture that represents very complicated and complex social phenomenon. Organizational culture is understood as the set of basic assumptions, values, standar...The main focus of this scientific article is organizational culture that represents very complicated and complex social phenomenon. Organizational culture is understood as the set of basic assumptions, values, standards, and artifacts, shared in the company in long-term horizon. The main objective of empirical research was to map organizational culture content in manufacturing companies in the Czech Republic and Austria. The content of organizational culture in the selected level of analysis was identified by means of qualitative methods--individual interviews and focus group discussions. With respect to specified objective, research was implemented in the sample of 10 companies in the Czech Republic and Austria. Data acquired by qualitative method of focus group were processed by means of content analysis. The main result of this part of empirical research was to describe the organizational culture content in the manufacturing companies operating in Austrian and Czech environment.展开更多
On the basis of the definition of technological innovation and efficiency,based on the DEA method,this paper takes the panel data of 20 listed companies in China's machinery manufacturing industry from 2011 to 201...On the basis of the definition of technological innovation and efficiency,based on the DEA method,this paper takes the panel data of 20 listed companies in China's machinery manufacturing industry from 2011 to 2015 as samples,evaluating the technological innovation efficiency of listed companies in China's machinery manufacturing industry.Finally,it sums up and puts forward effective countermeasures to improve the technological innovation of listed companies in China's machinery manufacturing industry.It is hoped that it will play a guiding role in the technological innovation activities of listed companies in China's machinery manufacturing industry.展开更多
As an important part of the pharmaceutical industry, the pharmaceutical manufacturing industry is always at the battlefield of the international public health and health industry. At the same time, as a basic and stra...As an important part of the pharmaceutical industry, the pharmaceutical manufacturing industry is always at the battlefield of the international public health and health industry. At the same time, as a basic and strategic sub-industry in China's manufacturing industry, the medical manufacturing industry closely related to people’s livelihood which is not only related to social Responsibility but also plays a key role in China's economy today. For the Chinese people, the new medical reforms and the irreversible aging of the population have increased the nation’s total expenditure on health care. From January to October 2017, the pharmaceutical industry’s main business income was RMB 2,410.29 billion, a year-on-year increase of 13.10%. This is a 4.50 percentage point higher than the 10.30% growth rate in 2016. However, even if the circumstance of this industry is getting better, high growth also has a drag on the national health insurance system and the standard of living of the people. This article chooses to analyze the financial and operating-level factors of China's pharmaceutical manufacturing listed companies such as Inventory turnover rate and operating rate. Study the impact on the performance of China's pharmaceutical manufacturing listed companies. The results of the study will fill gaps in the research of this industry and help pharmaceutical manufacturing listed companies choose the right capital size, liabilities, and expansion strategies, and more effectively absorb the current development dividends of China’s “four new economy”, and use them rationally and effectively. Markets and complex and limited capital and resources of enterprises, as China's industry benchmarks continue to guide the rapid growth of the market. on the other hand, to help investor the empirical point of view better choice of investment targets. This paper uses data from 2007-2016 for randomly selecting 19 companies from 118 medical manufacturing listed companies classified by China Securities Regulatory Commission. After dealing with panel data, multiple inspections are performed on panel data. To avoid the deviation from the actual level of the regression results, the panel-corrected standard deviation model was used to derive the relationship between the operating-level factors of pharmaceutical manufacturing listed companies and their performance. The results of the study indicate that there is a positive correlation between Inventory turnover rate, operating rate and performance, which fills the domestic empirical research on this issue. This area of industry company performance is blank.展开更多
This paper focuses on agile manufacturing of complex moulds for punch devices and a decision analysis for the key link of agile manufacturing resources integration—the virtual company in a multivariate criterion univ...This paper focuses on agile manufacturing of complex moulds for punch devices and a decision analysis for the key link of agile manufacturing resources integration—the virtual company in a multivariate criterion universe of discourse. On the basis of presenting an agile manufacturing model of complex moulds for punch devices, we give a fuzzy decision method of two level judgment space of synthetic decision and several key problems which the production of complex moulds for punch devices must face under the architecture hierarchy of agile manufacturing. We give a fuzzy decision method of two level judgment space of synthetic decision and several key problems which the production of complex parts must face under the architecture hierarchy of agile manufacturing.展开更多
Objective To study the correlation between executive compensation gap and R&D investment of pharmaceutical manufacturing enterprises in China by taking 53 pharmaceutical manufacturing companies in Shanghai and She...Objective To study the correlation between executive compensation gap and R&D investment of pharmaceutical manufacturing enterprises in China by taking 53 pharmaceutical manufacturing companies in Shanghai and Shenzhen stock exchanges from 2015 to 2017 as research samples. Methods Multiple linear regression methods was used to study the relationship and influence between executive compensation gap and R&D investment in pharmaceutical manufacturing industry based on championship theory and principal-agent theory. Results and Conclusion There is a significant positive correlation between executive compensation gap in pharmaceutical manufacturing industry and enterprise R&D investment. Listed pharmaceutical manufacturing enterprises should design reasonable salary gap between senior executives and carry out reasonable research and development activities to promote the sustainable development of pharmaceutical manufacturing enterprises. This study provides theoretical basis for optimizing executive compensation gap and increasing R&D investment in pharmaceutical manufacturing industry.展开更多
Although HIWIN has been established for only 24years and went public just about four years ago,it has become the largest machinery manufacturer,in Taiwan and one of the world leading companies in linear motion control...Although HIWIN has been established for only 24years and went public just about four years ago,it has become the largest machinery manufacturer,in Taiwan and one of the world leading companies in linear motion control and system technology.HIWIN’s self-developed products,including ballscrews,linear guideways and industrial robots,have been widely applied to industries like bio-medical,semiconductor,optoelectronics,3C,automation,precision machinery,energy saving and transportation.With strong market performance。展开更多
Chinese electric bus companies are expanding globally at a faster pace,with their advanced technologies and green mission.Japan-based Kyotokyukou Bus Incorporated,one of Japan’s largest transit operations,has taken d...Chinese electric bus companies are expanding globally at a faster pace,with their advanced technologies and green mission.Japan-based Kyotokyukou Bus Incorporated,one of Japan’s largest transit operations,has taken delivery of 5 Long Range Battery Electric Buses from BYD Company Ltd,the largest domestic auto-manufacturer and electric-bus manufacturer in China.T-he BYD electric buses will be operated in Kyoto,a well known bartleground展开更多
Background:The suitability and performance of the bankruptcy prediction models is an empirical question.The aim of this paper is to develop a bankruptcy prediction model for Indian manufacturing companies on a sample ...Background:The suitability and performance of the bankruptcy prediction models is an empirical question.The aim of this paper is to develop a bankruptcy prediction model for Indian manufacturing companies on a sample of 208 companies consisting of an equal number of defaulted and non-defaulted firms.Out of 208 companies,130 are used for estimation sample,and 78 are holdout for model validation.The study reestimates the accounting based models such as Altman EI(Journal of Finance 23:19189-209,1968)Z-Score,Ohlson JA(Journal of Accounting Research 18:109-131,1980)Y-Score and Zmijewski ME(Journal of Accounting Research 22:59-82,1984)X-Score model.The paper compares original and re-estimated models to explore the sensitivity of these models towards the change in time periods and financial conditions.Methods:Multiple Discriminant Analysis(MDA)and Probit techniques are employed in the estimation of Z-Score and X-Score models,whereas Logit technique is employed in the estimation of Y-Score and the newly proposed models.The performance of all the original,re-estimated and new proposed models are assessed by predictive accuracy,significance of parameters,long-range accuracy,secondary sample and Receiver Operating Characteristic(ROC)tests.Results:The major findings of the study reveal that the overall predictive accuracy of all the three models improves on estimation and holdout sample when the coefficients are re-estimated.Amongst the contesting models,the new bankruptcy prediction model outperforms other models.Conclusions:The industry specific model should be developed with the new combinations of financial ratios to predict bankruptcy of the firms in a particular country.The study further suggests the coefficients of the models are sensitive to time periods and financial condition.Hence,researchers should be cautioned while choosing the models for bankruptcy prediction to recalculate the models by looking at the recent data in order to get higher predictive accuracy.展开更多
Data Envelopment Analysis(DEA)is a linear programming methodology for measuring the efficiency of Decision Making Units(DMUs)to improve organizational performance in the private and public sectors.However,if a new DMU...Data Envelopment Analysis(DEA)is a linear programming methodology for measuring the efficiency of Decision Making Units(DMUs)to improve organizational performance in the private and public sectors.However,if a new DMU needs to be known its efficiency score,the DEA analysis would have to be re-conducted,especially nowadays,datasets from many fields have been growing rapidly in the real world,which will need a huge amount of computation.Following the previous studies,this paper aims to establish a linkage between the DEA method and machine learning(ML)algorithms,and proposes an alternative way that combines DEA with ML(ML-DEA)algorithms to measure and predict the DEA efficiency of DMUs.Four ML-DEA algorithms are discussed,namely DEA-CCR model combined with back-propagation neural network(BPNN-DEA),with genetic algorithm(GA)integrated with back-propagation neural network(GANN-DEA),with support vector machines(SVM-DEA),and with improved support vector machines(ISVM-DEA),respectively.To illustrate the applicability of above models,the performance of Chinese manufacturing listed companies in 2016 is measured,predicted and compared with the DEA efficiency scores obtained by the DEA-CCR model.The empirical results show that the average accuracy of the predicted efficiency of DMUs is about 94%,and the comprehensive performance order of four ML-DEA algorithms ranked from good to poor is GANN-DEA,BPNN-DEA,ISVM-DEA,and SVM-DEA.展开更多
文摘According to the featUres of the management, the authors put forward the Marketing/ProductioMiogistics integrated MIS used in small&med turn manu facturing companies after analyZing the application limitation of Marll and CIMS in this paper,which focus on the integrating feathes of information and the architectUre of MPUCIM/MIS. The benefitS MPUCIMfMIS brought to a company are also introduced.
基金China National Social Science Fund Project(13CGL050)Hu-manities and Social Science Research Youth Project of the Ministry of Educa-tion(13YJC630027,11YJC630243,12YJC630010)Basic Research Fund of Central Universities(SWU1309116,SWU1309202)
文摘In combination with the data of loss-making listed companies in manufacturing industry at capital market in 2008-2010,this paper analyzed the characteristics of loss of listed companies.Major reasons include the blind investment of management personnel,low operation and management level,blind pursuit of diversified operation,improper stock right structure,weak supervision of government,and imperfect delisting system.Finally,it came up with some countermeasures,including improving quality of management personnel,management personnel selecting proper investment projects,strengthening internal management of enterprise,implementing effective asset rearrangement,setting up effective incentive and restrictive mechanism,bringing into play regulation function of banks,improving delisting mechanism,reducing centralization of state owned stock right,and establishing and improving market information disclosure system.
文摘For the past few years, noise pollution has been more and more serious, and it may lead to several diseases. While the humans expose to noise in quantity for a long time, their blood pressure will change, and even cause changes in cardiac function. In our study, we attempt to find the relationship between occupational noise and hypertension and impaired hearing, cardiac function. It may be helpful to obtain some useful information on occupational noise exposure of humans. The participants were divided into noisy group ≥90 dB (A) and non-noisy group ≤70 dB (A). We performed this research in an automobile manufacturing company of Chongqing, China during 2011-2012. Our study showed that there may be positive associations between?occupational noise and hypertension and impaired hearing, but no conclusion can be drawn between occupational noise and ECG.
文摘The main focus of this scientific article is organizational culture that represents very complicated and complex social phenomenon. Organizational culture is understood as the set of basic assumptions, values, standards, and artifacts, shared in the company in long-term horizon. The main objective of empirical research was to map organizational culture content in manufacturing companies in the Czech Republic and Austria. The content of organizational culture in the selected level of analysis was identified by means of qualitative methods--individual interviews and focus group discussions. With respect to specified objective, research was implemented in the sample of 10 companies in the Czech Republic and Austria. Data acquired by qualitative method of focus group were processed by means of content analysis. The main result of this part of empirical research was to describe the organizational culture content in the manufacturing companies operating in Austrian and Czech environment.
文摘On the basis of the definition of technological innovation and efficiency,based on the DEA method,this paper takes the panel data of 20 listed companies in China's machinery manufacturing industry from 2011 to 2015 as samples,evaluating the technological innovation efficiency of listed companies in China's machinery manufacturing industry.Finally,it sums up and puts forward effective countermeasures to improve the technological innovation of listed companies in China's machinery manufacturing industry.It is hoped that it will play a guiding role in the technological innovation activities of listed companies in China's machinery manufacturing industry.
文摘As an important part of the pharmaceutical industry, the pharmaceutical manufacturing industry is always at the battlefield of the international public health and health industry. At the same time, as a basic and strategic sub-industry in China's manufacturing industry, the medical manufacturing industry closely related to people’s livelihood which is not only related to social Responsibility but also plays a key role in China's economy today. For the Chinese people, the new medical reforms and the irreversible aging of the population have increased the nation’s total expenditure on health care. From January to October 2017, the pharmaceutical industry’s main business income was RMB 2,410.29 billion, a year-on-year increase of 13.10%. This is a 4.50 percentage point higher than the 10.30% growth rate in 2016. However, even if the circumstance of this industry is getting better, high growth also has a drag on the national health insurance system and the standard of living of the people. This article chooses to analyze the financial and operating-level factors of China's pharmaceutical manufacturing listed companies such as Inventory turnover rate and operating rate. Study the impact on the performance of China's pharmaceutical manufacturing listed companies. The results of the study will fill gaps in the research of this industry and help pharmaceutical manufacturing listed companies choose the right capital size, liabilities, and expansion strategies, and more effectively absorb the current development dividends of China’s “four new economy”, and use them rationally and effectively. Markets and complex and limited capital and resources of enterprises, as China's industry benchmarks continue to guide the rapid growth of the market. on the other hand, to help investor the empirical point of view better choice of investment targets. This paper uses data from 2007-2016 for randomly selecting 19 companies from 118 medical manufacturing listed companies classified by China Securities Regulatory Commission. After dealing with panel data, multiple inspections are performed on panel data. To avoid the deviation from the actual level of the regression results, the panel-corrected standard deviation model was used to derive the relationship between the operating-level factors of pharmaceutical manufacturing listed companies and their performance. The results of the study indicate that there is a positive correlation between Inventory turnover rate, operating rate and performance, which fills the domestic empirical research on this issue. This area of industry company performance is blank.
文摘This paper focuses on agile manufacturing of complex moulds for punch devices and a decision analysis for the key link of agile manufacturing resources integration—the virtual company in a multivariate criterion universe of discourse. On the basis of presenting an agile manufacturing model of complex moulds for punch devices, we give a fuzzy decision method of two level judgment space of synthetic decision and several key problems which the production of complex moulds for punch devices must face under the architecture hierarchy of agile manufacturing. We give a fuzzy decision method of two level judgment space of synthetic decision and several key problems which the production of complex parts must face under the architecture hierarchy of agile manufacturing.
文摘Objective To study the correlation between executive compensation gap and R&D investment of pharmaceutical manufacturing enterprises in China by taking 53 pharmaceutical manufacturing companies in Shanghai and Shenzhen stock exchanges from 2015 to 2017 as research samples. Methods Multiple linear regression methods was used to study the relationship and influence between executive compensation gap and R&D investment in pharmaceutical manufacturing industry based on championship theory and principal-agent theory. Results and Conclusion There is a significant positive correlation between executive compensation gap in pharmaceutical manufacturing industry and enterprise R&D investment. Listed pharmaceutical manufacturing enterprises should design reasonable salary gap between senior executives and carry out reasonable research and development activities to promote the sustainable development of pharmaceutical manufacturing enterprises. This study provides theoretical basis for optimizing executive compensation gap and increasing R&D investment in pharmaceutical manufacturing industry.
文摘Although HIWIN has been established for only 24years and went public just about four years ago,it has become the largest machinery manufacturer,in Taiwan and one of the world leading companies in linear motion control and system technology.HIWIN’s self-developed products,including ballscrews,linear guideways and industrial robots,have been widely applied to industries like bio-medical,semiconductor,optoelectronics,3C,automation,precision machinery,energy saving and transportation.With strong market performance。
文摘Chinese electric bus companies are expanding globally at a faster pace,with their advanced technologies and green mission.Japan-based Kyotokyukou Bus Incorporated,one of Japan’s largest transit operations,has taken delivery of 5 Long Range Battery Electric Buses from BYD Company Ltd,the largest domestic auto-manufacturer and electric-bus manufacturer in China.T-he BYD electric buses will be operated in Kyoto,a well known bartleground
文摘Background:The suitability and performance of the bankruptcy prediction models is an empirical question.The aim of this paper is to develop a bankruptcy prediction model for Indian manufacturing companies on a sample of 208 companies consisting of an equal number of defaulted and non-defaulted firms.Out of 208 companies,130 are used for estimation sample,and 78 are holdout for model validation.The study reestimates the accounting based models such as Altman EI(Journal of Finance 23:19189-209,1968)Z-Score,Ohlson JA(Journal of Accounting Research 18:109-131,1980)Y-Score and Zmijewski ME(Journal of Accounting Research 22:59-82,1984)X-Score model.The paper compares original and re-estimated models to explore the sensitivity of these models towards the change in time periods and financial conditions.Methods:Multiple Discriminant Analysis(MDA)and Probit techniques are employed in the estimation of Z-Score and X-Score models,whereas Logit technique is employed in the estimation of Y-Score and the newly proposed models.The performance of all the original,re-estimated and new proposed models are assessed by predictive accuracy,significance of parameters,long-range accuracy,secondary sample and Receiver Operating Characteristic(ROC)tests.Results:The major findings of the study reveal that the overall predictive accuracy of all the three models improves on estimation and holdout sample when the coefficients are re-estimated.Amongst the contesting models,the new bankruptcy prediction model outperforms other models.Conclusions:The industry specific model should be developed with the new combinations of financial ratios to predict bankruptcy of the firms in a particular country.The study further suggests the coefficients of the models are sensitive to time periods and financial condition.Hence,researchers should be cautioned while choosing the models for bankruptcy prediction to recalculate the models by looking at the recent data in order to get higher predictive accuracy.
基金this paper has been funded by the Fundamental Research Funds for the Central Universities(Nos.331510004007000002).
文摘Data Envelopment Analysis(DEA)is a linear programming methodology for measuring the efficiency of Decision Making Units(DMUs)to improve organizational performance in the private and public sectors.However,if a new DMU needs to be known its efficiency score,the DEA analysis would have to be re-conducted,especially nowadays,datasets from many fields have been growing rapidly in the real world,which will need a huge amount of computation.Following the previous studies,this paper aims to establish a linkage between the DEA method and machine learning(ML)algorithms,and proposes an alternative way that combines DEA with ML(ML-DEA)algorithms to measure and predict the DEA efficiency of DMUs.Four ML-DEA algorithms are discussed,namely DEA-CCR model combined with back-propagation neural network(BPNN-DEA),with genetic algorithm(GA)integrated with back-propagation neural network(GANN-DEA),with support vector machines(SVM-DEA),and with improved support vector machines(ISVM-DEA),respectively.To illustrate the applicability of above models,the performance of Chinese manufacturing listed companies in 2016 is measured,predicted and compared with the DEA efficiency scores obtained by the DEA-CCR model.The empirical results show that the average accuracy of the predicted efficiency of DMUs is about 94%,and the comprehensive performance order of four ML-DEA algorithms ranked from good to poor is GANN-DEA,BPNN-DEA,ISVM-DEA,and SVM-DEA.