Implementation of Digitization for Anti-crisis Management of Business Entities

Digitalization in the crisis has contributed to increasing the level of resilience of business entities to economic downturns and bankruptcy risks. The article aims to empirically study the use of digital tools and crisis management methods in business entities. The research methodology is based on a case study of companies in various sectors of the economy on the integration of technological solutions during the pandemic in 2020. Statistical analysis was used to study the state of information technology financing during the crisis. Results. During the pandemic, since the beginning of 2020, the global level of funding for information technology (IT) by companies of different sizes has been growing. Depending on the size of the business entity, investments in technological solutions and equipment differ in volume: small firms invest more in hardware projects, and large firms - in commercial services. The critical digital tools for crisis management in companies are Big Data / Analytics (64%), Cloud Technology (50%), and Artificial Intelligence / Machine Learning (44%). Analysis of the volume of different segments of the Enterprise application software market in 2020 shows companies' use of different types of enterprise software for different purposes and management functions. The analysis of companies' cases in using digital technologies during the crisis shows a high return on digitalization in a short time (0.34 years). Business entities are focused on integrating technologies to solve problems related to improving relations with suppliers, and customers, optimizing business processes, personnel management, and increasing operational efficiency. Integration of digital tools into various subsystems of company management (suppliers, customers, staff, shareholders) provides instant qualitative and quantitative effects.

Optimal DG allocation based on a Simple payback period by Covid-19 Algorithm and a Modified Mutation Operator for Grey Wolf Optimization

Recently, no one can deny the importance of distributed generation (DG). The tendency toward using DG in electrical generation networks is increasing rapidly. In addition to the positive aspects, the ecological, economic, and technical advantages of connecting DG units to distribution networks, the location and the size of the DG unit are important factors for these advantages. For this purpose, a novel method of optimal apportionment and sizing when introducing DG is presented, based on the curtailment of the SPP (simple payback period). This can be achieved through the use of the IEEE 33 bus system and optimization techniques such as Grey Wolves, Grey Wolves with Cauchy equation, and Coronavirus techniques that help determine the location and size of generators in the distribution network. In this paper, we aim to present a thorough study on the impact of the DG units, when connected to distribution networks, based on the economical viewpoint using MATLAB software. © 2022 IEEE.

Measures for Assessing the Effectiveness of Investments for Electricity and Heat Generation from the Hybrid Cooperation of a Photovoltaic Installation with a Heat Pump on the Example of a Household

In recent years, one of the key postulates in the European Union’s policy has become the development of renewable energy sources. In order to achieve the desired synergy effect, the idea of combining two selected sources of energy appeared. This article presents a technical and economic analysis of a hybrid connection of a ground source heat pump with a photovoltaic installation. Taking into account the heat demand of the building, a ground heat pump with a catalog nominal heating power of 25 kW was selected. This article presents the problem of the economic profitability of using a hybrid combination of a heat pump and photovoltaic panels in domestic hot water and central heating systems. The justification for the use of such heat sources in these installations is due to global trends and the gradual departure from conventional energy sources such as oil or gas boilers. This paper presents the economic and ecological results of using the pump heat connected together with photovoltaic panels. In the economic analysis, with the assumed installation costs related to the use of the considered heat pump and PV, two parameters commonly used in the investment analysis (static and dynamic) were used, namely, the simple payback period and the net present value of the investment. For the adopted assumptions, the usable area of the facility and the number of years of use were indicated, at which the investment in question is competitive with other alternative investment interest methods and will start to bring tangible benefits. The performed analysis also has measurable environmental benefits in the form of a reduction in carbon dioxide emissions at the level of 2893 kg/year into the atmosphere. The presented solution will help future investors understand the investment profitability mechanism for their households.

Multicriteria Model for Shared Parking and Parking Route Recommender Systems

In many congested areas, shared parking has gotten increasing attention because of its potential to alleviate parking resource shortages. However, managing parking resources remains a challenge when simultaneously considering multiple decision-making criteria of public travelers in allocating parking spaces and recommending optimal parking routes. To fill this gap, from four perspectives, i.e., driving, among shared parking lots, at a shared parking lot, between shared parking spaces and destinations, we proposed nine criteria for shared parking space allocations and parking route recommendations, and we also gave the quantitative models for different criteria. Furthermore, an analytic hierarchy process Entropy-TOPSIS grey relational analysis (AHP-Entropy-TOPSIS-GRA) method and an improved ant colony algorithm were proposed to solve the proposed allocation of parking spaces and recommend optimal parking routes, respectively. Finally, the validity of our proposed models and algorithms was tested by empirical parking data and road traffic data collected in Huai’an City, Jiangsu province, China. The research helps provide a theoretical foundation for implementing shared parking initiatives and improving public travelers’ parking satisfaction.

Optimum Trombe wall thickness in the Mediterranean Tunisian context: An energetic and economic study

Trombe walls figure among many passive devices used in the Mediterranean climate to minimize heating demands in residential buildings. The thickness of this massive wall is a critical parameter that influences the effectiveness of the system. Insufficient wall thickness conducts to an important interior temperature fluctuation, and huge wall thickness will increase costs and thermal resistance. In this paper, the optimum thickness of four different construction materials (concrete, stone, adobe, and brick), which can be used in the Trombe wall, was determined using an energetic and economic analysis. The energetic results with TRNSYS software show that the best materials, which can contribute to a reduction by 50% in heating loads of a single room, are stone and concrete. For the economic analysis, the life cycle cost and the payback period were calculated for each construction material. The results show that the optimum thickness for stone and concrete are, respectively, 34 and 32 cm with a payback period of 2.85 and 2.65 years.

Environmental Benefits and Energy Savings from Gas Radiant Heaters’ Flue-Gas Heat Recovery

This paper demonstrates the need and potential for using waste heat recovery (WHR) systems from infrared gas radiant heaters, which are typical heat sources in large halls, due to the increasing energy-saving requirements for buildings in the EU and the powerful and wide-spread development of the e-commerce market. The types of gas radiant heaters are discussed and the classification of WHR systems from these devices is performed. The article also presents for the first time our innovative solution, not yet available on the market, for the recovery of heat from the exhaust gases of ceramic infrared heaters. The energy analysis for an industrial hall shows that this solution allows for environmental benefits at different levels, depending on the gas infrared heater efficiency, by reducing the amount of fuel and emissions for domestic hot water (DHW) preparation (36.8%, 15.4% and 5.4%, respectively, in the case of low-, standard- and high-efficiency infrared heaters). These reductions, considering both DHW preparation and hall heating, are 16.1%, 7.6% and 3.0%, respectively. The key conclusion is that the innovative solution can spectacularly improve the environmental effect and achieve the highest level of fuel savings in existing buildings that are heated with radiant heaters with the lowest radiant efficiency.

COMPREHENSIVE USE OF 6G CELLULAR TECHNOLOGY ACCOUNTING ACTIVITY COSTS AND CYBER SECURITY

The purpose of this study was in the research of prospects for simultaneous use of 6G generation cellular communications for the purposes of automatization of cost accounting of the activity of enterprises of various branches and cybersecurity of accounting information. The theoretical and methodological aspects of the use of 6G cellular network technologies for accounting and cybersecurity purposes have been studied on the basis of general research methods - institutional and innovative;economic and mathematical methods of analysis using Excel spreadsheets were used to predict the pace of implementation of cellular communication of new generations;to determine perspective areas of use of 6G technology - methods of bibliographic and comparative analysis using the information resource "ResearchGate". The methods of permanent collection and transmission of accounting data about the production process and the procedure for monitoring the stay of employees or outsiders at the workplace using production equipment connected to the 6G cellular network has been developed. The procedure for combining the functional abilities of Global Positioning System (GPS) and cellular positioning (mobile subscribers)for accounting of transport costs and control over the movement and economic use of vehicles has been proposed.The procedure for combining unmanned aerial vehicles in a cluster on the basis of 6G communication with the purpose of aerovisual surveillance of agricultural and construction activities for automated accounting of production costs and prevention of unauthorized getting into an enterprise ofpersons (drones). The methods for determining the cost of rental space from the lessor based on counting the popularity among visitors and identifying offenders (thieves of information and material resources) through automated monitoring of the location of 6G cellular subscribers. The practical implementation of the developments presented in the article on the use of 6G cellular technologies will contribute to reliable costing and accounting of production costs of production, agricultural, construction, trade activities in combination with effective cyber protection of enterprises in preventing and detecting violators of information and territorial security. Further research is needed on the methods of management of business entities on the basis of accounting information obtained with the use of 6G cellular network technology.

The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative Analysis

Public–private partnership (PPP) projects have been widely applied in infrastructure construction. Leveraging private capital is the key to promoting the high-quality development of PPP projects. This study examines the combined effect of seven factors determining private enterprises that participate in PPP and collects materials from 102 PPP sewage treatment projects to examine the causal configuration path of private enterprises participating in PPP (PEP3P) from an overall perspective by using necessary condition analysis (NCA) and fuzzy-set qualitative comparative analysis (fsQCA). The findings support the fact that any single antecedent condition is not a necessary condition for PEP3P and is instead the combined effect of different factors that commonly form the diversified causal configuration paths of PEP3P. There is an obvious asymmetry between the configuration paths of the high participation and low participation of private enterprises. The enterprise technology level (ETL) and doing business (DB) are important internal driving forces and give external traction for PEP3P, while the enterprise credit level (ECL) and project investment scale (PIS) are important factors that restrict private enterprises from participating in PPP. This research fills a theoretical gap for PEP3P and can be applied to developing strategies for attracting private enterprises to participate in PPP.

The Cost Benefit Analysis of Commercial 100 MW Solar PV: The Plant Quaid-e-Azam Solar Power Pvt Ltd

The energy crisis in Pakistan has crippled the country’s economy with an energy shortfall reaching up to 6000 MW. Fortunately, Pakistan lies close to the Sun Belt and therefore receives very high irradiation. To this end, in the beginning of 2014 the Pakistani government sanctioned a solar photovoltaic project namely Quaid-e-Azam Solar Park which was rated at 1000 MW. In this study, a cost benefit analysis for the Quaid-e-Azam Solar Park has been developed. The model uses RETScreen software. In fact, a literature review pointed out that most of the previous research work with reference to cost benefit analysis for solar projects has been mainly carried out on smaller power plants. The outcome of the study shows promising results with the simple payback period coming out at 5.6 years. Furthermore, this analysis can serve as guideline for future solar photovoltaic projects in Pakistan and can help in the development and utilization of the huge solar potential of the country, thus aiding in the reduction of energy shortage. In its proposal, our research is unique and innovative in the Pakistani context. The results aim to serve as a guideline for decision makers and researchers interested in this topic.

Sharing Model in Circular Economy towards Rational Use in Sustainable Production

Changing business models is a topical issue in a pandemic. Recent research has shown that the search for environmentally friendly and sustainable solutions in various sectors has become relevant. The article aims to promote cooperation and adaptation of good practices between countries. Comparing the country’s history and economic situation and economic development and traditions can be seen as a precondition for success. The article examines the introduction of sharing economy and the creation of environment-friendly trends establishing a circular economy by minimizing the population’s expenses, online business growth, and accessibility of Internet technologies. The article explores the difference between the linear economic model and the circular model by adopting sharing and the efficient joint use of materials to enhance and assess sustainable development. Based on a combination of theoretical and practical research, the article explores the dynamic system and development model of sharing a circular economy. The new concept of circular economy does not promote the overproduction of new goods but the rational use of already produced ones, which significantly reduces the amount of waste generated at all stages of the product life cycle. Population groups by different income groups for sharing services are analysed. An analysis of the price characteristics of popular sharing products was used from data from Internet portals. One concludes that due to the increase in Internet users, especially mobile apps, and social networks, C2C sharing has become quite popular over the past years. Other areas also show positive development indicators but have less demand, affecting supply. Based on an in-depth study of the economic situation in Ukraine, the authors have critically chosen an industry to set as an example with the actual business situation. Therefore, three packages were created: pessimistic, standard and optimistic ones with different characteristics of implementing circular economic projects. The chosen method allows rational management decisions for attracting financing and sustainable solutions. The company’s business scenarios analysed in the article will allow to choose a system based on circular economy principles successfully.