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Abstract

One of the most important business areas of the company is the management of working capital. Energy companies that produce electricity and heat are the main consumers of steam coal, so their decision concerning stock levels is a major determinant of supply schedules. These decisions depend on legal and technical requirements as well as economic aspects. The seasonality of coal consumption jointly with pre-purchase costs and storage costs has a straight impact on delivery scheduling in a parabolic way. There is a divergence in expectations regarding delivery schedules among the coal market participants (energy, mining, transport companies). The purpose of this article is to present the concept of pricing of steam coal and transport service on the Polish market, assuming the use of price incentives, resulting in delivery scheduling during the year. The article presents selected theoretical content in the field of coal logistics and working capital management in the company, the expectations of the steam coal market participant regarding delivery schedules have been identified. The proposed concept of pricing steam coal and transport service should be discussed further in scientific and expert work.
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Abstract

In the article problems related to human labor and factors affecting the increasing use of industrial robots are discussed. Since human factors affect the production processes stability, robots are preferred to apply. The application of robots is characterized by higher performance and reliability comparing to human labor. The problem is how to determine the real difference in work efficiency between human operator and robot. The aim of the study is to develop a method that allows clearly definition of productivity growth associated with the replacement of human labor by industrial robots. Another aim of the paper is how to model robotized and manual operated workstation in a computer simulation software. Analysis of the productivity and reliability of the hydraulic press workstation operated by the human operator or an industrial robot, are presented. Simulation models have been developed taking into account the availability and reliability of the machine, operator and robot. We apply OEE (Overall Equipment Effectiveness) indicator to present how availability and reliability parameters influence over performance of the workstation, in the longer time. Simplified financial analysis is presented considering different labor costs in EU countries.
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Abstract

The aim of the article is to present the selected results of analytical investigations concerning possible directions of reducing the unit production costs in the mining company together with some results of practical calculations. The investigations emphasize the role of the rate of utilising the production capacity leading to reducing the unit production costs. The main component having an essential influence on the unit production costs are the fixed unit costs. Two basic indices of a crucial meaning for searching for possibilities leading to decreasing the unit production costs are assumed. The first index (w1) is a measure of the rate of utilising the production capacity, the second one (w2) concerns the fixed costs coincided with the unit of the production capacity. Theoretical considerations concerning the mathematical modelling of the unit production costs as the values depending on the rate of utilising the production capacity and the fixed costs coincided with the production capacity unit, are presented in the first part of the paper. The rationalisation criteria of the mine unit production costs are formulated. These criteria can constitute the elements of restructuring program for the mining company. The calculation example with the use of the practical input data shows the impact of the rate of utilising the production capacity on the mine unit production costs. In the example two variants of annual working time are taken into account. Results of appropriate calculations are presented and analysed in an aspect of reducing unit costs of production as a result of increasing rate of utilising the mine production capacity.
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Abstract

We investigate the problem of setting revenue sharing rules in a team production environment with a principal and two agents. We assume that the project output is binary and that the principal can observe the level of agents’ actual eort, but does not know the production function. Identifying conditions that ensure the eciency of the revenue sharing rule, we show that the rule of equal percentage markups can lead to ination of project costs. This result provides an explanation for project cost overruns other than untruthful cost reporting.
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