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This study explores the impact of digitalization on the performance of insurance intermediaries, who still play a key role in the revenue generation of insurance companies. By using an interdisciplinary approach, this study is the first to examine the extent and type of digital technologies used by intermediaries, their impact on performance with respect to revenue, productivity, and interaction with clients, and the role of digital stress in this context. The research is exploratory, which is why a research model with many variables and relationships between them was built. The quantitative multivariate method of Partial Least Squares Structural Equation Modeling (PLS-SEM) was applied as it allows the simultaneous estimation of models with multiple dependent variables and their interconnections. In this context, data collected in 2022 from 671 insurance intermediaries from Germany, whose demographic distribution in the sample is representative of the German insurance market, were analyzed. The findings show that insurance intermediaries use many digital technologies compared to other industries, particularly those that create added value in their daily work. Empirical evidence also showed that using digital technologies positively affects performance but induces perceived digital stress. As this study reveals, the latter diminishes the positive effects on performance. Technology optimism, technological skills, and organizational support reduce the severity of stress. This means that insurers can start here to support intermediaries to mitigate the performance-limiting effects. This study adds to the insurance literature by providing a broader understanding of how insurance intermediaries deal with digitalization and what it means for their performance. Full article

(1) Efficient resource utilization in urban transport necessitates the integration of passenger and freight transport systems. Current research focuses on dynamically responding to both passenger and parcel orders, typically by initially planning passenger routes and then dynamically inserting parcel requests. However, this approach overlooks the inherent flexibility in parcel delivery times compared to the stringent time constraints of passenger transport. (2) This study introduces a novel approach to enhance taxi resource utilization by proposing a shared model for people and parcel transport, designated as the SARP-LTW (Sharing a ride problem with loose time windows of parcels) model. Our model accommodates loose time windows for parcel deliveries and initially defines the parcel delivery routes for each taxi before each working day, which was prior to addressing passenger requests. Once the working day of each taxi commences, all taxis will prioritize serving the dynamic passenger travel requests, minimizing the delay for these requests, with the only requirement being to ensure that all pre-scheduled parcels can be delivered to their destinations. (3) This dual-service approach aims to optimize profits while balancing the time-sensitivity of passenger orders against the flexibility in parcel delivery. Furthermore, we improved the adaptive large neighborhood search algorithm by introducing an ant colony information update mechanism (AC-ALNS) to solve the SARP-LTW efficiently. (4) Numerical analysis of the well-known Solomon set of benchmark instances demonstrates that the SARP-LTW model outperforms the SARP model in profit rate, revenue, and revenue stability, with improvements of 48%, 46%, and 49%, respectively. Our proposed approach enables taxi companies to maximize vehicle utilization, reducing idle time and increasing revenue. Full article

With the large-scale integration of new energy, the obstruction of new energy consumption is prone to occur often during peak-down periods with a low load and high output of new energy. It is urgent to mobilize controllable load shifting through compensation mechanisms to achieve the goals of peak shaving, valley filling, and promotion of new energy consumption. This study constructs a framework of auxiliary service market and compensation mechanism for power shift between new energy power generation enterprises and controllable load enterprises. Secondly, aiming to achieve the principle of revenue balance between new energy power generation enterprises and controllable load enterprises, a quantity and price compensation model based on the particle swarm optimization algorithm is proposed. Then, under the principle of determining the compensation order of different controllable load enterprises through comprehensive evaluation and formulating differentiated compensation prices one by one, a compensation method and process for controllable load enterprises to shift have been established. Finally, through a case analysis, compensation prices for five types of controllable loads were formulated, with values ranging from 99.36 to 197.41 CNY/MWh. This increased the compensation for controllable loads on the basis of the original peak-valley price, verifying the feasibility of the method described in this study. Full article

The Airbus A380 was initially expected to replace existing aircraft due to its remarkable fuel efficiency on long-haul routes when operating with a full passenger load. However, recent changes in the commercial aviation environment have resulted in a decrease in demand for four-engine aircraft. Rising fuel prices have pushed airlines to focus on more efficient operations, while manufacturers prioritize producing advanced twin-engine aircraft. The debate over the long-term economic viability of A380 operations remains ongoing. This study compares and evaluates the fuel efficiency of the Airbus A380 and the Airbus A350 using actual flight data. The analysis employs a fuel efficiency prediction model to compare scenarios based on identical payload and load factor. Results indicate that the A350 is approximately twice as fuel efficient as the A380 under the same payload and about 1.34 times more efficient under the same load factor. The A380’s economic viability is analyzed by considering the balance between revenue per available ton-kilometer (RASK) and cost per available ton-kilometer (CASK). If the A380’s RASK is significantly higher than 1.34 times the A350’s or exceeds its own CASK, it can sustain operations. Achieving a balance between RASK and CASK is essential for the economic sustainability of A380 operations. Full article

Lebanon has been grappling with severe financial and monetary crisis since 2019. In this context, minimizing losses and finding additional revenue sources to sustain state operations have become imperative. One potential solution is to replace subsidized tobacco farming, which has no economic value, with hemp farming for industrial and medicinal purposes. This shift not only ensures economic efficiency but also provides farmers with a moral and profitable crop. However, until now, there has been no scientific study examining the economic impact of hemp cultivation in Lebanon’s Beqaa area. To address this gap, we conducted a Cost-Benefit Analysis within a Business Plan framework to assess the benefits of replacing tobacco with hemp and to provide decision-makers with data-driven strategies. For this analysis, we obtained accurate data on tobacco farming from the state-owned Tobacco Monopoly (Regie), while data on hemp was sourced from existing literature and adapted to Lebanon. Our findings indicate that tobacco farming currently generates USD 828 per dunam for farmers but results in a net loss of USD 317 per dunam to the economy, a shortfall subsidized by the Regie. In contrast, hemp yields a net profit of USD 2405 per dunam, equating to an overall gain of USD 19,240,000 in the Bekaa Valley area. This stark contrast in profitability underscores the potential of hemp as a more lucrative and sustainable alternative to tobacco. Full article

ESG standards are increasingly becoming indispensable factors in corporate decision-making, with profound implications for the long-term sustainability of businesses. This study utilizes longitudinal data from 2010 to 2021 to investigate the influence of environmental, social, and governance (ESG) performance on excessive debt among publicly traded manufacturing companies in China. Employing panel regression alongside analysis of threshold, intermediary, and interaction effects, we meticulously dissect the mechanisms and influencing factors involved. Our findings reveal a significant adverse effect of ESG performance on excessive debt, characterized by heterogeneity across geographic locations, revenue growth rates, and ownership concentrations. Notably, company size and age exhibit a dual-threshold effect on excessive debt. Moreover, ESG performance demonstrates an intermediary effect, which is mitigated by proxy cost-to-asset turnover and debt financing cost COD2. Institutional attention and equity capital cost synergistically amplify the suppressive impact of ESG performance on excessive debt. Based on the research findings above, companies should carefully consider and adjust their ESG performance to reduce excessive debt risks, thereby enhancing their sustainable competitiveness. Full article

In the context of the growing demand for alternative protein sources with the growth of the human population and increasing ecological awareness, the rearing of yellow mealworm larvae (Tenebrio molitor) is a promising option for the production of sustainable protein. The article presents a comprehensive approach to planning and scheduling the production of yellow mealworm larvae in a small enterprise, focusing on the organizational, technical, and economic aspects of the production process. The production installation, the method of rearing using an automated feeding system, and the monitoring of larvae development were described and an attempt was made to identify the key parameters of the process that affect its efficiency. Particular attention was paid to the calculation algorithm implemented in the spreadsheet, which allows the selection of the production batch size and the frequency of their launch, so as to maximize the available capacity of storage racks for cuvettes. In addition, the article analyses logistical challenges related to the production of larvae, including transport activities in order to meet, among others, the demand for feed. Finally, the estimation of revenues and economic indicators, such as profitability and return on investment, is presented, pointing to the need for further improvements in the production process and cost optimization to achieve favorable financial results. The results of the research emphasize the potential of rearing yellow mealworm larvae as a sustainable source of protein while simultaneously pointing to key areas that require further research and development. Full article

Winter ulcer disease (WUD) is widely recognized as a serious threat to animal welfare and a major contributor to revenue loss within the aquaculture sector, particularly affecting the salmon-farming industry. This highlights the significant impact of WUD on both animal well-being and the economic sustainability of fish farming. WUD causes hemorrhagic signs and results in dermal lesions and ulcers. This disease can lead to higher mortality rates and a considerable decline in the fish’s market value. Moritella viscosa, a Gram-negative bacterium, is predominantly, but not exclusively, correlated with the emergence of WUD, mostly during the colder seasons. Waterborne transmission is the primary way for spreading the bacterium within a population. However, there is remarkable variation in the prevalence and characteristics of WUD in different regions. In Europe, this disease often occurs in the winter, and the intensity and occurrence of outbreaks are influenced by water temperature and salinity. In contrast, outbreaks are typically observed in the summer and mid-autumn in Eastern Canada. Despite the administration of various polyvalent vaccines, outbreaks of skin ulcers have been documented in Canada, and studies have highlighted the possible roles of other bacterial pathogens in Atlantic salmon. This review discusses the etiology, pathogenesis, and potential mitigation or prevention strategies for WUD, mainly in Atlantic salmon. Moreover, it underscores the necessity of conducting further investigations to discover the potential unknown causative agents of ulcerative disease and design appropriate vaccines or preventive strategies for these pathogens. Full article

Airport shuttle buses, as a specialized form of bus service, serve as an economical, efficient, and sustainable transportation option for air travelers. In contrast to conventional bus services, airport shuttle bus operations exhibit more pronounced market-oriented characteristics, striving to balance extensive public transport coverage with the optimization of corporate profitability. Although these services outperform regular bus transit in terms of efficiency, they incur higher operational costs. However, existing studies on enhancing profitability and optimizing resource allocation for airport shuttle buses are inadequate. This study proposes a differential pricing strategy based on historical ticketing data. Initially, we analyze the characteristics of orders, users, and reservations within the context of customized bus operations. Leveraging the differences among various groups, we employ clustering techniques to classify seat grades and segment users. Based on the clustering outcomes, we determine distinct price elasticity values for each segment. As the strategies are developed based on seat grades, booking time, and user travel patterns, the numerical experiments indicate that the proposed differentiated pricing strategy can increase the revenue of customized public transport services by at least 41%. This strategy not only enhances the efficiency of resource allocation and service accessibility but also makes the service more financially sustainable. Full article

We report the results of a survey of farmers and landowners to identify the most likely potential food system disruption scenarios for the UK and compare these with a previous expert elicitation with a much wider set of food system stakeholders. We found that 60% of farmers think a Societal Event in which 1 in 2000 people are injured in the UK is at least 20% likely to occur over the coming decade. Over a timeframe of 50 years, this increased to almost 90% of farmers. These results show that farmers and landowners are considerably more concerned about the vulnerability of the food system in the UK than the wider group of food system experts are. Farmers agreed with experts on the majority of potential causes of such vulnerability, which are climate change, trade policies (import and export), competition for land and ecological collapse (over 50 years). However, they also highlighted the importance of the power structure within the food system, with large corporations supplying to, or buying from, farmers creating lower revenue, making farming an unsustainable business. We conclude that an urgent systematic review of potential interventions that would improve resilience be conducted by the UK Government, in partnership with farmers. Full article

The potential of renewable energy sources to lower greenhouse gas emissions and lessen our reliance on fossil fuels has accelerated their integration globally, and especially that of solar photovoltaic (PV) systems. Malaysia has shown great progress in the adoption of photovoltaic systems thanks to its plentiful solar resources. On the other hand, energy storage systems (ESSs) are becoming more and more necessary in order to guarantee grid stability and fully realize the benefits of PV systems. This study attempts to assess the current condition of PV installations in Malaysia with an emphasis on their economic feasibility, regulatory compliance, technological capabilities, and compatibility with various energy storage technologies. Malaysian photovoltaic (PV) systems’ readiness to integrate energy storage systems (ESSs) using second-life electric vehicle batteries (SLEVBs) is examined in this article. Integrating PV systems with SLEVBs in residential ESSs shows economic viability, with a 15-year payback and 25% return on investment (ROI). Therefore, for every 1 MW of installed PV capacity, with ESS integration it is estimated to reduce approximately 3504 metric tons of CO₂ emissions annually in Malaysia. The homeowner benefits from large electricity bill savings, net metering revenue, and various incentives or financing alternatives that make the project financially attractive despite the extended payback time. Energy storage solutions are needed to improve grid stability, energy usage, and solar power generation in Malaysia as renewable energy adoption increases. Reusing retired EV batteries for stationary storage could solve environmental and economic issues. This study examines the feasibility, regulatory frameworks, and economic viability of combining second-life EV batteries with PV installations in Malaysia. Full article

In a highly competitive electricity spot market, virtual power plants (VPPs) that aggregate dispersed resources face various uncertainties during market transactions. These uncertainties directly impact the economic benefits of VPPs. To address the uncertainties in the economic optimization of VPPs, scenario analysis is employed to transform the uncertainties of wind turbines (WTs), photovoltaic (PV) system outputs, and electricity prices into deterministic problems. The objective is to maximize the VPP’s profits in day-ahead and intra-day markets (real-time balancing market) by constructing an economic optimization decision model based on two-stage stochastic programming. Gas turbines and electric vehicles (EVs) are scheduled and traded in the day-ahead market, while flexible energy storage systems (ESS) are deployed in the real-time balancing market. Based on simulation analysis, under the uncertainty of WTs and PV system outputs, as well as electricity prices, the proposed model demonstrates that orderly charging of EVs in the day-ahead stage can increase the revenue of the VPP by 6.1%. Additionally, since the ESS can adjust the deviations in day-ahead bid output during the intra-day stage, the day-ahead bidding strategy becomes more proactive, resulting in an additional 3.1% increase in the VPP revenue. Overall, this model can enhance the total revenue of the VPP by 9.2%. Full article

Cluster warfare, as a disruptive technology, leverages its numerical advantage to overcome limitations such as restricted task execution types and the low resilience of single platforms, embodying a significant trend in future unmanned combat. In scenarios where only the number of known targets and their vague locations within the region are available, UAV clusters are tasked with performing missions including close-range scout, target attack, and damage assessment for each target. Consequently, taking into account constraints such as assignment, payload, task time window, task sequencing, and range, a multi-objective optimization model for task assignment was formulated. Initially, optimization objectives were set as total mission completion time, total mission revenue, and cluster damage level. Subsequently, the concept of constraint tolerance was introduced to enhance the non-dominant sorting mechanism of NSGA-II by distinguishing individuals that fail to meet constraints, thereby enabling those violating constraints with high tolerance to be retained in the next generation to participate in further evolution, thereby resolving the difficulty of achieving a convergent Pareto solution set under complex interdependent task constraints. Finally, through comparisons, the superiority of the improved NSGA-II algorithm has been verified. Full article

Due to the context of market competitiveness and the economic and financial crisis, companies need to optimize their production systems, tracking the raw material from the suppliers until the final product arrives to the consumer. The Lean philosophy assumes a relevant role for today’s industries through its concepts and tools, enabling optimization, increasing revenues, and having the principle of not expropriating the environment. This article aims to analyse the level of maturity reached by industries in Luanda regarding the practices and tools of the Lean philosophy. A Lean graphic model was built, measured by the Lean Enterprise Self-Assessment Tool (LESAT) maturity model through qualitative and quantitative research focusing on the statistics of 87 circumscribed industries at Viana Industrial Development Pole in the Economic Special Zone of Luanda region, Angola. Initially was conducted an analysis to see whether Lean practices and tools were used: 5S, OKJust-In-Time, Kanban, Bottleneck Analysis, Jidoka, Kaizen, Poka-Yoke, SMED, Gemba, Heijunka, Value Stream Mapping, Hoshin Kanri, and Andon. The next steps were to analyse the following: customer value analysis; value chain analysis; analysis of the use of the pulled production system; and analysis of the use of the continuous production flow analysis of continuous improvement. The result shows these industries using the Lean philosophy at a very low level of maturity. Only the 5S tool was known and used. The JIT, Kanban, and Bottleneck Analysis were moderately used. Only 50% of Lean practices were used. Full article

Taiwan’s encouragement of installing solar photovoltaic power plants (SPPPs) on warehouse rooftops is a step towards sustainability and profitable investment. This study, analyzing the installations of STY Company, found that rooftop SPPPs significantly boost revenue, with rates increasing from 2.0088% to 6.8681% over 20 years. The break-even point is in the 7th year, with a return rate ranging from 2.0088 to 2.1748%. This shows that SPPP investments are a benefit for investors, shortening construction times and allowing warehouses to sell solar energy at an earlier date. This research utilized a fuzzy nonlinear multi-objective programming model to examine trade-offs between construction time, cost, quality, and revenue (TCQR) to optimize SPPP construction. The findings suggest that reducing construction time is an effective strategy to lower carbon emissions despite potential cost increases. However, time and quality costs are inversely proportional, highlighting the importance of efficient project management in minimizing the impacts of this trade-off. Adjusting funding can maintain quality while speeding up construction. Completing projects early also heightens revenue from green energy sales, offsetting higher initial investments. The TCQR focuses on investment revenue, managing time efficiently, and making data-driven decisions to expedite SPPP development. This model improves project profitability and promotes sustainable growth by reducing construction time and optimizing financial strategies. This study’s contribution includes: 1. Optimizing the installation process of warehouse rooftop SPPPs, which provide significant long-term revenue and environmental benefits. 2. Combining the different research methods of scholars into fuzzy methods that can solve complex systems with high uncertainty. The nonlinear model put forth by this study is closer to the actual situation and can handle balancing complex problems in multi-objective programming. 3. Improving the efficiency of time management to make it feasible to reduce construction time to lower carbon emissions. 4. Concocting a comprehensive approach integrating financial, environmental, and operational factors for successful SPPP development. This study addresses an academic gap. Previously, scholars conducted research independently, focusing solely on financial investment or time, cost, and quality (TCQ) issues without considering the two together. By combining financial investment with TCQ, this study fills a significant gap in academic research. According to this study, better investment returns could improve the promotion of solar energy. Unlike previous research, this study integrates the analysis of TCQ with that of revenue by assessing costs and revenues together. This approach allows decision-makers to derive judgments from the TCQR model quickly. Full article