Abstract: One of prevailing modes of finance in emerging
Islamic banking system is Murabah’a. It means a financial dealing or
transaction in which seller tells cost of the goods to be sold to buyer.
Otherwise, the transaction would become invalid. In this mainstream,
import Murabah’a transaction is divergent in such a way that the cost
is not recognized and identified due to execution of import
transaction in foreign currency i.e. US Dollar and the next transaction
of Murabaha’a with the client is executed in local currency. Since this
transaction is executed in dual currency i.e. bank pays supplier in
foreign currency and executes Murabah’a with its client in local
currency and it is not allowed in according to Islamic Injunctions as
mentioned in hadith narrated by Hazrat Ibn-e-Umar (May Allah be
pleased with them) used to sell his camels with Dirhams and take
dinars instead and vice versa. Upon revealing before the Prophet
(Peace be upon him), he was advised that it must not be contingent in
the agreement and the ready rate would be applied and possession of
one of the consideration is compulsory. The solution in this regard is
that the import Murabah’a transaction should be in single currency
However, other currency can be paid in payment at the time of
payment in a very indispensable situation provided that ready rate
would be applied. Moreover, some of other solutions have also been
given in this regard.
Abstract: Success means different things for different people.
For us, project managers, it becomes even harder to actually find a
definition. Many factors have to be included in the evaluation.
Moreover, literature is not very helpful, lacking consensus and
neutrality. Post-implementation reviews (PIR) can be an efficient tool
in evaluating how things worked on a certain project. Despite the
visible progress, PIR is not a very detailed subject yet and there is not
common understanding in this matter. This may be the reason that
some organizations include it in the projects’ lifecycle and some do
not. Through this paper, we point out the reasons why all project
managers should pay proper attention to this important step and to the
elements which can be assessed, beside the already famous triple
constraints: cost, budget and time. It is essential to take notice that PIR is not a checklist. It brings the
edge in eliminating subjectivity and judging projects based on actual
proof. Based on our experience, our success indicator model,
presented in this paper, contributes to the success of the project! In
the same time, it increases trust among customers who will perceive
success more objectively.
Abstract: Journal bearings used in IC engines are prone to premature
failures and are likely to fail earlier than the rated life due to
highly impulsive and unstable operating conditions and frequent
starts/stops. Vibration signature extraction and wear debris analysis
techniques are prevalent in industry for condition monitoring of
rotary machinery. However, both techniques involve a great deal of
technical expertise, time, and cost. Limited literature is available on
the application of these techniques for fault detection in reciprocating
machinery, due to the complex nature of impact forces that
confounds the extraction of fault signals for vibration-based analysis
and wear prediction. In present study, a simulation model was developed to investigate
the bearing wear behaviour, resulting because of different operating
conditions, to complement the vibration analysis. In current
simulation, the dynamics of the engine was established first, based on
which the hydrodynamic journal bearing forces were evaluated by
numerical solution of the Reynold’s equation. In addition, the
essential outputs of interest in this study, critical to determine wear
rates are the tangential velocity and oil film thickness between the
journals and bearing sleeve, which if not maintained appropriately,
have a detrimental effect on the bearing performance. Archard’s wear prediction model was used in the simulation to
calculate the wear rate of bearings with specific location information
as all determinative parameters were obtained with reference to crank
rotation. Oil film thickness obtained from the model was used as a
criterion to determine if the lubrication is sufficient to prevent contact
between the journal and bearing thus causing accelerated wear. A
limiting value of 1 μm was used as the minimum oil film thickness
needed to prevent contact. The increased wear rate with growing
severity of operating conditions is analogous and comparable to the
rise in amplitude of the squared envelope of the referenced vibration
signals. Thus on one hand, the developed model demonstrated its
capability to explain wear behaviour and on the other hand it also
helps to establish a co-relation between wear based and vibration
based analysis. Therefore, the model provides a cost effective and
quick approach to predict the impending wear in IC engine bearings
under various operating conditions.
Abstract: Cochlear Implantation (CI) which became a routine
procedure for the last decades is an electronic device that provides a
sense of sound for patients who are severely and profoundly deaf.
The optimal success of this implantation depends on the electrode
technology and deep insertion techniques. However, this manual
insertion procedure may cause mechanical trauma which can lead to
severe destruction of the delicate intracochlear structure.
Accordingly, future improvement of the cochlear electrode implant
insertion needs reduction of the excessive force application during
the cochlear implantation which causes tissue damage and trauma.
This study is examined tool-tissue interaction of large prototype scale
digit embedded with distributive tactile sensor based upon cochlear
electrode and large prototype scale cochlea phantom for simulating
the human cochlear which could lead to small scale digit
requirements. The digit, distributive tactile sensors embedded with
silicon-substrate was inserted into the cochlea phantom to measure
any digit/phantom interaction and position of the digit in order to
minimize tissue and trauma damage during the electrode cochlear
insertion. The digit have provided tactile information from the digitphantom
insertion interaction such as contact status, tip penetration,
obstacles, relative shape and location, contact orientation and
multiple contacts. The tests demonstrated that even devices of such a
relative simple design with low cost have potential to improve
cochlear implant surgery and other lumen mapping applications by
providing tactile sensory feedback information and thus controlling
the insertion through sensing and control of the tip of the implant
during the insertion. In that approach, the surgeon could minimize the
tissue damage and potential damage to the delicate structures within
the cochlear caused by current manual electrode insertion of the
cochlear implantation. This approach also can be applied to other
minimally invasive surgery applications as well as diagnosis and path
navigation procedures.
Abstract: Result from the constant dwindle in natural resources,
the alternative way to reduce the costs in our daily life would be urgent
to be found in the near future. As the ancient technique based on the
theory of solar chimney since roman times, the double-skin façade are
simply composed of two large glass panels in purpose of daylighting
and also natural ventilation in the daytime. Double-skin façade is
generally installed on the exterior side of buildings as function as the
window, so there is always a huge amount of passive solar energy the
façade would receive to induce the airflow every sunny day. Therefore,
this article imposes a domestic double-skin window for residential
usage and attempts to improve the volume flow rate inside the cavity
between the panels by the frame geometry design, the installation of
outlet guide plate and the solar energy collection system. Note that the
numerical analyses are applied to investigate the characteristics of flow
field, and the boundary conditions in the simulation are totally based
on the practical experiment of the original prototype. Then we
redesign the prototype from the knowledge of the numerical results
and fluid dynamic theory, and later the experiments of modified
prototype will be conducted to verify the simulation results. The
velocities at the inlet of each case are increase by 5%, 45% and 15%
from the experimental data, and also the numerical simulation results
reported 20% improvement in volume flow rate both for the frame
geometry design and installation of outlet guide plate.
Abstract: Information technology has been gaining more and
more space whether in industry, commerce or even for personal use,
but the misuse of it brings harm to the environment and human health
as a result. Contribute to the sustainability of the planet is to
compensate the environment, all or part of what withdraws it. The
green computing also came to propose practical for use in IT in an
environmentally correct way in aid of strategic management and
communication. This work focuses on showing how a mobile
application can help businesses reduce costs and reduced
environmental impacts caused by its processes, through a case study
of a public company in Brazil.
Abstract: Companies face increasing challenges in research due
to higher costs and risks. The intensifying technology complexity and
interdisciplinarity require unique know-how. Therefore, companies
need to decide whether research shall be conducted internally or
externally with partners. On the other hand, research institutes meet
increasing efforts to achieve good financing and to maintain high
research reputation. Therefore, relevant research topics need to be
identified and specialization of competency is necessary. However,
additional competences for solving interdisciplinary research projects
are also often required. Secured financing can be achieved by
bonding industry partners as well as public fundings. The realization
of faster and better research drives companies and research institutes
to cooperate in organized research networks, which are managed by
an administrative organization. For an effective and efficient
cooperation, necessary processes, roles, tools and a set of rules need
to be determined. Goal of this paper is to show the state-of-art
research and to propose a governance framework for organized
research networks.
Abstract: Context-aware technologies provide system
applications with the awareness of environmental conditions,
customer behaviours, object movements, etc. Further, with such
capability system applications can be smart to intelligently adapt their
responses to the changing conditions. In regard to business
operations, this promises businesses that their business processes can
run more intelligently, adaptively and flexibly, and thereby either
improve customer experience, enhance reliability of service delivery,
or lower operational cost, to make the business more competitive and
sustainable. Aiming at realising such context-aware business process
management, this paper firstly explores its potential benefit, and then
identifies some gaps between the current business process
management support and the expected. In addition, some preliminary
solutions are also discussed in regard to context definition, rule-based
process execution, run-time process evolution, etc. A framework is
also presented to give a conceptual architecture of context-aware
business process management system to guide system
implementation.
Abstract: Sewage sludge is a biomass resource that can create a
solid fuel and electricity. Utilizing sewage sludge as a renewable
energy can contribute to the reduction of greenhouse gases. In Japan,
the "National Plan for the Promotion of Biomass Utilization" and the
“Priority Plan for Social Infrastructure Development" were approved
at cabinet meetings in December 2010 and August 2012, respectively,
to promote the energy utilization of sewage sludge. This study
investigated costs and greenhouse gas emission in different sewage
sludge treatments with technologies for energy from sewage sludge.
Expenses were estimated based on capital costs and O&M costs
including energy consumption of solid fuel plants and biogas power
generation plants for sewage sludge. Results showed that the cost of
sludge digestion treatment with solid fuel technologies was 8% lower
than landfill disposal. The greenhouse gas emission of sludge
digestion treatment with solid fuel technologies was also 6,390t as
CO2 smaller than landfill disposal. Biogas power generation reduced
the electricity of a wastewater treatment plant by 30% and the cost by
5%.
Abstract: The quality of concrete is usually defined by compressive strength, but flexural strength is the most important characteristic of concrete in a pavement which control the mix design of concrete instead of compressive strength. Therefore, the aggregates which are selected for the pavements are affected by higher flexural strength. Roller Compacting Concrete Pavement (RCCP) is not a new construction method. The other characteristic of this method is no bleeding and less shrinkage due to the lower amount of water. For this purpose, a roller is needed for placing and compacting. The surface of RCCP is not smooth; therefore, the most common use of this pavement is in an industrial zone with slower traffic speed which requires durable and tough pavement. For preparing a smoother surface, it can be achieved by asphalt paver. RCCP decrease the finishing cost because there are no bars, formwork, and the lesser labor need for placing the concrete. In this paper, different aspect of RCCP such as mix design, flexural, compressive strength and focus on the different part of RCCP on detail have been investigated.
Abstract: Customer’ needs, quality, and value creation while
reducing costs through supply chain management provides challenges
and opportunities for companies and researchers. In the light of these
challenges, modern ideas must contribute to counter these challenges
and exploit opportunities. Therefore, this paper discusses the impact
of the quality cost on revenue sharing as a most important incentive
to configure business networks. This paper develops the quality cost approach to align with the
modern era. It develops a model to measure quality costs which
might enable firms to manage revenue sharing in a supply chain. The
developed model includes five categories; besides the well-known
four categories (namely prevention costs, appraisal costs, internal
failure costs, and external failure costs), a new category has been
developed in this research as a new vision of the relationship between
quality costs and innovations in industry. This new category is
Recycle Cost. This paper also examines whether such quality costs in
supply chains influence the revenue sharing between partners. Using the author's quality cost model, the relationship between
quality costs and revenue sharing among partners is examined using a
case study in an Egyptian manufacturing company which is a part of
a supply chain. This paper argues that the revenue-sharing proportion
allocated to supplier increases as the recycle cost of supplier
increases, and the revenue-sharing proportion allocated to
manufacturer increases as the prevention and appraisal costs increase,
as well as the failure costs, the recycle costs of manufacturer, and the
recycle costs of suppliers decrease. However, the results present
surprising findings. The purposes of this study are developing quality cost approach
and understanding the relationships between quality costs and
revenue sharing in supply chains. Therefore, the present study
contributes to theory and practice by explaining how the cost of
recycling can be combined in quality cost model to better
understanding the revenue sharing among partners in supply chains.
Abstract: In order to utilize results from global climate models,
dynamical and statistical downscaling techniques have been
developed. For dynamical downscaling, usually a limited area
numerical model is used, with associated high computational cost.
This research proposes dynamic equation for specific space-time
regional climate downscaling from the Educational Global Climate
Model (EdGCM) for Southeast Asia. The equation is for surface air
temperature. This equation provides downscaling values of surface
air temperature at any specific location and time without running a
regional climate model. In the proposed equations, surface air
temperature is approximated from ground temperature, sensible heat
flux and 2m wind speed. Results from the application of the equation
show that the errors from the proposed equations are less than the
errors for direct interpolation from EdGCM.
Abstract: The change of conditions for production companies in
high-wage countries is characterized by the globalization of
competition and the transition of a supplier´s to a buyer´s market. The
companies need to face the challenges of reacting flexibly to these
changes. Due to the significant and increasing degree of automation,
assembly has become the most expensive production process.
Regarding the reduction of production cost, assembly consequently
offers a considerable rationalizing potential. Therefore, an
aerodynamic feeding system has been developed at the Institute of
Production Systems and Logistics (IFA), Leibniz Universitaet
Hannover. This system has been enabled to adjust itself by using a
genetic algorithm. The longer this genetic algorithm is executed the
better is the feeding quality. In this paper, the relation between the
system´s setting time and the feeding quality is observed and a
function which enables the user to achieve the minimum of the total
feeding time is presented.
Abstract: The main purpose of this study is to assess the
sediment quality and potential ecological risk in marine sediments in
Gymea Bay located in south Sydney, Australia. A total of 32 surface
sediment samples were collected from the bay. Current track
trajectories and velocities have also been measured in the bay. The
resultant trace elements were compared with the adverse biological
effect values Effect Range Low (ERL) and Effect Range Median
(ERM) classifications. The results indicate that the average values of
chromium, arsenic, copper, zinc, and lead in surface sediments all
reveal low pollution levels and are below ERL and ERM values. The
highest concentrations of trace elements were found close to
discharge points and in the inner bay, and were linked with high
percentages of clay minerals, pyrite and organic matter, which can
play a significant role in trapping and accumulating these elements.
The lowest concentrations of trace elements were found to be on the
shoreline of the bay, which contained high percentages of sand
fractions. It is postulated that the fine particles and trace elements are
disturbed by currents and tides, then transported and deposited in
deeper areas. The current track velocities recorded in Gymea Bay had
the capability to transport fine particles and trace element pollution
within the bay. As a result, hydrodynamic measurements were able to
provide useful information and to help explain the distribution of
sedimentary particles and geochemical properties. This may lead to
knowledge transfer to other bay systems, including those in remote
areas. These activities can be conducted at a low cost, and are
therefore also transferrable to developing countries. The advent of
portable instruments to measure trace elements in the field has also
contributed to the development of these lower cost and easily applied
methodologies available for use in remote locations and low-cost
economies.
Abstract: In the past years electric mobility became part of a
public discussion. The trend to fully electrified vehicles instead of
vehicles fueled with fossil energy has notably gained momentum.
Today nearly every big car manufacturer produces and sells fully
electrified vehicles, but electrified vehicles are still not as competitive
as conventional powered vehicles. As the traction battery states the
largest cost driver, lowering its price is a crucial objective. In
addition to improvements in product and production processes a nonnegligible,
but widely underestimated cost driver of production can
be found in logistics, since the production technology is not
continuous yet and neither are the logistics systems. This paper presents an approach to evaluate cost factors on
different designs of load carrier systems. Due to numerous
interdependencies, the combination of costs factors for a particular
scenario is not transparent. This is effecting actions for cost reduction
negatively, but still cost reduction is one of the major goals for
simultaneous engineering processes. Therefore a concurrent and
phase appropriate cost valuation method is necessary to serve cost
transparency. In this paper the four phases of this cost valuation
method are defined and explained, which based upon a new approach
integrating the logistics development process in to the integrated
product and process development.
Abstract: Thermoacoustic refrigerator is a cooling device which
uses the acoustic waves to produce the cooling effect. The aim of this
paper is to explore the experimental and numerical feasibility of a
standing-wave thermoacoustic refrigerator. The effects of the stack
length, position of stack and operating frequency on the cooling
performance are carried out. The circular pore stacks are tested under
the atmospheric pressure. A low-cost loudspeaker is used as an
acoustic driver. The results show that the location of stack installed in
resonator tube has a greater effect on the cooling performance, than
the stack length and operating frequency, respectively. The
temperature difference across the ends of stack can be generated up
to 13.7°C, and the temperature of cold-end is dropped down by 5.3°C
from the ambient temperature.
Abstract: Project Portfolio Management (PPM) is an essential
component of an organisation’s strategic procedures, which requires
attention of several factors to envisage a range of long-term outcomes
to support strategic project portfolio decisions. To evaluate overall
efficiency at the portfolio level, it is essential to identify the
functionality of specific projects as well as to aggregate those
findings in a mathematically meaningful manner that indicates the
strategic significance of the associated projects at a number of levels
of abstraction. PPM success is directly associated with the quality of
decisions made and poor judgment increases portfolio costs. Hence,
various Multi-Criteria Decision Making (MCDM) techniques have
been designed and employed to support the decision-making
functions. This paper reviews possible options to enhance the
decision-making outcomes in organisational portfolio management
processes using the Analytic Hierarchy Process (AHP) both from
academic and practical perspectives and will examine the usability,
certainty and quality of the technique. The results of the study will
also provide insight into the technical risk associated with current
decision-making model to underpin initiative tracking and strategic
portfolio management.
Abstract: Considering the challenges of short product life cycles
and growing variant diversity, cost minimization and manufacturing
flexibility increasingly gain importance to maintain a competitive
edge in today’s global and dynamic markets. In this context, an
aerodynamic part feeding system for high-speed industrial assembly
applications has been developed at the Institute of Production
Systems and Logistics (IFA), Leibniz Universitaet Hannover. The
aerodynamic part feeding system outperforms conventional systems
with respect to its process safety, reliability, and operating speed. In
this paper, a multi-objective optimisation of the aerodynamic feeding
system regarding the orientation rate, the feeding velocity, and the
required nozzle pressure is presented.
Abstract: Concurrent planning of project scheduling and
material ordering has been increasingly addressed within last decades
as an approach to improve the project execution costs. Therefore, we
have taken the problem into consideration in this paper, aiming to
maximize schedules quality robustness, in addition to minimize the
relevant costs. In this regard, a bi-objective mathematical model is
developed to formulate the problem. Moreover, it is possible to
utilize the all-unit discount for materials purchasing. The problem is
then solved by the E-constraint method, and the Pareto front is
obtained for a variety of robustness values. The applicability and
efficiency of the proposed model is tested by different numerical
instances, finally.
Abstract: This research aimed to investigate the relationship
between attitude towards marketing mix, brand image and consumer
behavior of the passengers of low-cost airlines service. This study
employed by quantitative research and the questionnaire was used to
collect the data from 400 sampled of the passengers who have ever
used the low-cost airline services based in Bangkok, Thailand. The
descriptive statistics and Pearson’s correlation analysis were used to
analyze data. The research results revealed that the attitude of the marketing mix
of the low-cost airline services including product, price, place,
promotion and process had related to the consumer behavior on the
aspects of duration of service and frequency of service. While, the
brand image of the low cost airline including the characteristics of
organization, service quality and company identity had related to the
consumer behavior on duration of service, frequency of service and
cost of service at the significant statistically acceptable levels.