• Title/Summary/Keyword: Cost and Return

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The Impact of Financial Variables on Firm Profitability: An Empirical Study of Commercial Banks in Oman

  • JAYARAMAN, Gopu;AZAD, Imran;AHMED, Hanaa Sid
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.885-896
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    • 2021
  • The general role of commercial banks is to provide financial services to the general public and business, ensuring economic and social stability and sustainable growth of the economy. Commercial banks play an important role in mobilizing and channelizing funds for investment activities. This study analyzes the impact of the key financial variables on the net profit of the selected commercial banks in Oman. The study employs times series panel data - cross-sectional analysis of the key financials of five leading commercial banks for a period of 13 years from 2007 to 2019. The results reveal that the correlation matrix of the selected variables has a positive relationship with net profit, assets, deposits, loans, and interest income. However, the findings also shows a negative relationship between net profit and net loans to total deposits ratio. The study found net loans is the main independent variable that influences the profitability of the banks since the key source of revenue comes from the lending operations. The assets, total capital adequacy ratio have a mixed effect on the profitability of commercial banks. The total deposits and capital adequacy ratio have a negative effect on profitability mainly because excessive liquidity will increase the cost of capital and reduce the return on investment. Focusing on lending operations with a sound credit portfolio will improve profitability.

Technological and economic study of ship recycling in Egypt

  • Welaya, Yousri M.A.;Abdel Naby, Maged M.;Tadros, Mina Y.
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.4 no.4
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    • pp.362-373
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    • 2012
  • The ship recycling industry is growing rapidly. It is estimated that the International Maritime Organization's (IMO) decision to phase-out single hull tankers by 2015 will result in hundreds of ships requiring disposal. At present, the ship recycling industry is predominantly based in South Asia. Due to the bad practice of current scrapping procedure, the paper will highlight the harm occurring to health, safety and environment. The efforts of the Marine Environment Protection Committee (MEPC) which led to the signing of the Hong Kong International Convention are also reviewed. The criteria and standards required to reduce the risk and damage to the environment are discussed and a proposed plan for the safe scrapping of ships is then presented. A technological and economic study for the ship recycling in Egypt is carried out as a case study. This includes the ship recycling facility size and layout. The equipment and staff required to operate the facility are also evaluated. A cost analysis is then carried out. This includes site development, human resources, machineries and equipment. A fuzzy logic approach is used to assess the benefits of the ship breaking yard. The use of the fuzzy logic approach is found suitable to make decisions for the ship breaking industry. Based on given constraints, the proposed model has proved capable of assessing the profit and the internal rate of return.

A Study on the Conditioning with Polymer and the Particle Size Distribution of Intermittent Aerobic Digestion Sludge (간헐포기 소화 슬러지의 고분자 응집제에 의한 개량과 입도 분포 변화에 관한 연구)

  • Kim, Hee-Jun;Kim, Seong-Hong;Choi, Jae-Seong
    • Journal of Environmental Health Sciences
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    • v.30 no.3
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    • pp.253-258
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    • 2004
  • Synthetic organic polyelectrolytes can be used to condition sludges to enhance their dewaterability. Intermittent aerobic digestion is an useful digestion technology and has many advantages like neutral pH, low installation cost and easiness to operation. The objectives of this study were to investigate the dewaterability of intemittent aerobic digestion sludge and to find the relationship between dewaterability and particle size distribution change under the conditioning of intermittent aerobic digestion sludge by cationic polyelectrolyte. Digested sludge from intermittent aerobic digestion was used and cationic polyacrylamide polymer was added as a conditioner. CST(capillary suction time), TTF(time-to-filtration) were tested as a dewaterability index and the number of particle distribution was analyzed using particle size analyzer. The results indicate that cationic polyelectrolytes is useful to enhance dewaterability of intermittent aerobic digestion sludge. Mean particle diameter was increased as polymer dosage increased and its value was reached up to 100 mm on the condition of optimal cationic polymer dosage. CST and TTF are well correlated with mean particle diameter when the weighting order is 1.7. By the optimal conditioning with cationic polymer, particles in the filtrate are also reduced significantly and this means that conditioning is helpful to main stream by reducing SS loading from return flow.

Cost-benefit analysis of project of promoting the economy in Samcheok City (폐광지역 경제자립형 사업에 대한 비용-편익 분석 : 강원도 삼척시를 중심으로)

  • Jeong, Dong-Won;Jin, Se-Jun;Han, Jong-Ho
    • Journal of Energy Engineering
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    • v.23 no.4
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    • pp.176-182
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    • 2014
  • The project of promoting the economy has attracted attention as on strategy for the economic revitalization of abandoned mine areas which is promoting by local government based on the "Special law on the development of abandoned mine areas". Through the analysis of economic feasibility analysis, the government is trying to determine the presence or absence of budget support to project of promoting the economy of local government. Furthermore, this paper attempts to conduct a cost-benefit analysis, using net present value(NPV), benefit/cost(B/C) ratio, internal rate of return(IRR) techniques for project of promoting the economy of Samcheok City. The project of promoting the economic of Samcheok City is promoting the Yukbaeksan flowers rest park and Glass Art Culture and Tourism theme park. The results indicate that NPV, B/C ratio and IRR of Yukbaeksan flowers rest park are 3,937 million won, 1.06, 6.18% and NPV, B/C ratio and IRR of Glass Art Culture and Tourism theme park are 8,311 million won, 1.34 and 9.47. Accordingly, the projects of promoting the economic of Samcheok City ensure economic feasibility that the three indicators have exceeded 0, 1.0 and 5.5% respectively. Moreover, the analysis results can be used effectively in the decision for the project of promoting ecomony of Samcheok city.

Optimizing Multi-way Join Query Over Data Streams (데이타 스트림에서의 다중 조인 질의 최적화 방법)

  • Park, Hong-Kyu;Lee, Won-Suk
    • Journal of KIISE:Databases
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    • v.35 no.6
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    • pp.459-468
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    • 2008
  • A data stream which is a massive unbounded sequence of data elements continuously generated at a rapid rate. Many recent research activities for emerging applications often need to deal with the data stream. Such applications can be web click monitoring, sensor data processing, network traffic analysis. telephone records and multi-media data. For this. data processing over a data stream are not performed on the stored data but performed the newly updated data with pre-registered queries, and then return a result immediately or periodically. Recently, many studies are focused on dealing with a data stream more than a stored data set. Especially. there are many researches to optimize continuous queries in order to perform them efficiently. This paper proposes a query optimization algorithm to manage continuous query which has multiple join operators(Multi-way join) over data streams. It is called by an Extended Greedy query optimization based on a greedy algorithm. It defines a join cost by a required operation to compute a join and an operation to process a result and then stores all information for computing join cost and join cost in the statistics catalog. To overcome a weak point of greedy algorithm which has poor performance, the algorithm selects the set of operators with a small lay, instead of operator with the smallest cost. The set is influenced the accuracy and execution time of the algorithm and can be controlled adaptively by two user-defined values. Experiment results illustrate the performance of the EGA algorithm in various stream environments.

An Empirical Investigation on the Relation between Disclosure and Financial Performance of Islamic Banks in the United Arab Emirates

  • TABASH, Mosab I.
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.27-35
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    • 2019
  • The paper examines the level of disclosure on Islamic banks' performance in the United Arab Emirates (UAE). The data was collected through content analysis of annual reports and financial statements of all fully-fledged Islamic banks working in the UAE over the period 2009 to 2013. Return on Assets is used as a proxy for the performance of Islamic banks while disclosure index is used as a proxy for Islamic banks' disclosure. Also, predetermined variables are used in the study like Size, Deposits, Non-Performing Investments and Capital to Risk Weighted Assets Ratio. Two-Stage Least-Square regression method is used to check the interdependence relationships between disclosure and performance of Islamic banks in the UAE. The results show a significant relationship between performance and disclosure in the UAE Islamic banks. Our regression results show that Islamic banks with higher levels of disclosure lead to higher operating performance. Furthermore, the performance has a great impact on the level of disclosure which means Islamic banks with high performance measures will disclose more information for investors and other institutions in order to reduce the cost of equity and increase their values in the market. This study is considered as a battery for further studies in the relationship between disclosure and financial performance of Islamic banks at a global level.

A Feasibility Study of the Construction Project in Pre-Design Phase (건설 프로젝트의 사업타당성 분석에 관한 연구)

  • 노병옥;이상범;임남기
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2002.05a
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    • pp.109-113
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    • 2002
  • Urban public service is goods and activities which satisfy public demands for the political, social, economic, cultural activity and household affairs of individual or groups and which urban government supply with free of charge. In view of government, in addition to fairness of facilities location, location of such facilities are to be determined the respect to cost of locating facilities and developmental direction in the future. Therefore, it is necessary to study on feasibility. A feasibility study Is an effective tool in determining the decision of investment or not and the level of investment priority on Projects requiring a sizeable investment and the feasibility of a project. The first, it is to select reasonable location. It was selected four and two by consideration of facilities distribution and connection with others. Six proposal selected was estimated by five element of approach, demand, symbol, reality, environment. In result proposal I was chosen. The next, it is to estimate scales. The finally, it is to study on economical efficiency. Net Present Value was came out ₩4.4billion by 20years and Inter Rate of Return showed up 11%. in addition, it offer various benefit by public facilities. In conclusion, this project is reasonable.

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Automatic identification of Java Method Naming Patterns Using Cascade K-Medoids

  • Kim, Tae-young;Kim, Suntae;Kim, Jeong-Ah;Choi, Jae-Young;Lee, Jee-Huong;Cho, Youngwha;Nam, Young-Kwang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.12 no.2
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    • pp.873-891
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    • 2018
  • This paper suggests an automatic approach to extracting Java method implementation patterns associated with method identifiers using Cascade K-Medoids. Java method implementation patterns indicate recurring implementations for achieving the purpose described in the method identifier with the given parameters and return type. If the implementation is different from the purpose, readers of the code tend to take more time to comprehend the method, which eventually affects to the increment of software maintenance cost. In order to automatically identify implementation patterns and its representative sample code, we first propose three groups of feature vectors for characterizing the Java method signature, method body and their relation. Then, we apply Cascade K-Medoids by enhancing the K-Medoids algorithm with the Calinski and Harrabasez algorithm. As the evaluation of our approach, we identified 16,768 implementation patterns of 7,169 method identifiers from 50 open source projects. The implementation patterns have been validated by the 30 industrial practitioners with from 1 to 6 years industrial experience, resulting in 86% of the precision.

A 77 GHz 3-Stage Low Noise Amplifier with Cascode Structure Utilizing Positive Feedback Network using 0.13 μm CMOS Process

  • Lee, Choong-Hee;Choi, Woo-Yeol;Kim, Ji-Hoon;Kwon, Young-Woo
    • JSTS:Journal of Semiconductor Technology and Science
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    • v.8 no.4
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    • pp.289-294
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    • 2008
  • A 77 GHz 3-stage low noise amplifier (LNA) employing one common source and two cascode stages is developed using $0.13{\mu}m$ CMOS process. To compensate for the low gain which is caused by lossy silicon substrate and parasitic element of CMOS transistor, positive feedback technique using parasitic inductance of bypass capacitor is adopted to cascode stages. The developed LNA shows gain of 7.2 dB, Sl1 of -16.5 dB and S22 of -19.8 dB at 77 GHz. The return loss bandwidth of LNA is 71.6 to 80.9 GHz (12%). The die size is as small as $0.7mm\times0.8mm$ by using bias line as inter-stage matching networks. This LNA shows possibility of 77 GHz automotive RADAR system using $0.13{\mu}m$ CMOS process, which has advantage in cost compared to sub-100 nm CMOS process.

Risk-Based Inspection(RBI) Technology for Safety Management of the Pressurized Facilities (압력설비의 안전관리를 위한 위험기반검사(RBI) 기술)

  • Lee, Hern-Chang;Han, Seong-Hwan;Cho, Ji-Hoon;Kim, Tae-Ok
    • Journal of the Korean Institute of Gas
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    • v.15 no.4
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    • pp.1-6
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    • 2011
  • Risk-based inspection (RBI) is a inspection technique suggesting inspection plan, such as inspection interval and inspection method, of the pressurized facilities based on its risk in the petrochemical, refinery and gas industries. Therefore, we can intensively and cost-effectively maintain, repair and manage the high-risk facilities through RBI technology. This paper reviews RBI technology, such as principle and implemental procedure of RBI, management of risks and facilities and return of investment through RBI, RBI technology at present and its application in domestic industries. In addition, some improvement directions of RBI are also proposed.