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Records Added in December 2019
Records added in December 2019
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276. LAPSE:2019.1375
Impact of Distributed Generation Grid Code Requirements on Islanding Detection in LV Networks
December 10, 2019 (v1)
Subject: Energy Management
Keywords: distributed generation (DG), fast voltage support (FVS), inertia emulation, interface protection system (IPS), islanding detection, power regulation, unintentional islanding
The recent growing diffusion of dispersed generation in low voltage (LV) distribution networks is entailing new rules to make local generators participate in network stability. Consequently, national and international grid codes, which define the connection rules for stability and safety of electrical power systems, have been updated requiring distributed generators and electrical storage systems to supply stabilizing contributions. In this scenario, specific attention to the uncontrolled islanding issue has to be addressed since currently required anti-islanding protection systems, based on relays locally measuring voltage and frequency, could no longer be suitable. In this paper, the effects on the interface protection performance of different LV generators’ stabilizing functions are analysed. The study takes into account existing requirements, such as the generators’ active power regulation (according to the measured frequency) and reactive power regulation (depending on the local m... [more]
277. LAPSE:2019.1374
A Methodological Approach to Assess the Impact of Smarting Action on Electricity Transmission and Distribution Networks Related to Europe 2020 Targets
December 10, 2019 (v1)
Subject: Energy Management
Keywords: electricity transmission and distribution, Energy Efficiency, environmental impact, power systems, renewable generation integration
The achievement of the so-called 2020 targets requested by the European Union (EU) has determined a significant growth of proposals of solutions and of technical projects aiming at reducing the CO₂ emissions and increasing the energy efficiency, as well as the penetration of Renewable Energy Sources (RES) in the electric network. As many of them ask for funding from the EU itself, there is the necessity to define a methodology to rank them and decide which projects should be sponsored to obtain the maximum effect on the EU 2020 targets. The present paper aims at (i) defining a set of Key Performance Indicators (KPIs) to compare different proposals, (ii) proposing an analytical methodology to evaluate the defined KPIs and (iii) evaluating the maximum impact that the considered action is capable of producing. The proposed methodology is applied to a set of possible interventions performed on a benchmark transmission network test case, in order to show that the defined indicators can be e... [more]
278. LAPSE:2019.1373
Technology and Reliability of Normally-Off GaN HEMTs with p-Type Gate
December 10, 2019 (v1)
Subject: Process Design
Keywords: degradation, gallium nitride, normally-off, p-GaN, reliability, transistor
GaN-based transistors with p-GaN gate are commonly accepted as promising devices for application in power converters, thanks to the positive and stable threshold voltage, the low on-resistance and the high breakdown field. This paper reviews the most recent results on the technology and reliability of these devices by presenting original data. The first part of the paper describes the technological issues related to the development of a p-GaN gate, and the most promising solutions for minimizing the gate leakage current. In the second part of the paper, we describe the most relevant mechanisms that limit the dynamic performance and the reliability of GaN-based normally-off transistors. More specifically, we discuss the following aspects: (i) the trapping effects specific for the p-GaN gate; (ii) the time-dependent breakdown of the p-GaN gate during positive gate stress and the related physics of failure; (iii) the stability of the electrical parameters during operation at high drain vo... [more]
279. LAPSE:2019.1372
Application of Meta-Heuristic Techniques for Optimal Load Shedding in Islanded Distribution Network with High Penetration of Solar PV Generation
December 10, 2019 (v1)
Subject: Energy Management
Keywords: Binary Evolutionary Programming (BEP), Binary Genetic Algorithm (BGA), Binary Particle Swarm Optimization (BPSO), Distribution Generation (DG), Renewable Energy Resources (RESs), Under Frequency Load Shedding (UFLS)
Recently, several environmental problems are beginning to affect all aspects of life. For this reason, many governments and international agencies have expressed great interest in using more renewable energy sources (RESs). However, integrating more RESs with distribution networks resulted in several critical problems vis-à-vis the frequency stability, which might lead to a complete blackout if not properly treated. Therefore, this paper proposed a new Under Frequency Load Shedding (UFLS) scheme for islanding distribution network. This scheme uses three meta-heuristics techniques, binary evolutionary programming (BEP), Binary genetic algorithm (BGA), and Binary particle swarm optimization (BPSO), to determine the optimal combination of loads that needs to be shed from the islanded distribution network. Compared with existing UFLS schemes using fixed priority loads, the proposed scheme has the ability to restore the network frequency without any overshooting. Furthermore, in terms of ex... [more]
280. LAPSE:2019.1371
Influence of Tip Clearance on Pressure Fluctuation in Low Specific Speed Mixed-Flow Pump Passage
December 10, 2019 (v1)
Subject: Other
Keywords: low specific speed, mixed-flow pump, pressure fluctuation, rotor-stator interaction, tip clearance
To explore the influence of tip clearance on pressure fluctuation in a low specific speed mixed-flow pump, tip clearances δ of 0.25 mm, 0.75 mm and 1.00 mm, along with no tip clearance, were selected. The reliability of the simulation was verified by comparison with the experimental data of external characteristics and fluctuation in the guide vane passage. Through ANSYS-CFX, MATLAB code and fast Fourier transform (FFT) algorithm, pressure fluctuation characteristics in this pump were obtained. The results show that pressure fluctuation exists in all conditions due to the rotor-stator interaction. Under the no tip clearance and tip clearance conditions, the maximum fluctuation value was located near the guide inlet and impeller outlet, respectively. Clearance leakage had less influence on pressure fluctuation at the impeller inlet and central regions within a certain range of the clearance; beyond this range, fluctuations in the whole flow passage increased significantly, while the cle... [more]
281. LAPSE:2019.1370
A System Dynamics Analysis of Investment, Technology and Policy that Affect Natural Gas Exploration and Exploitation in China
December 10, 2019 (v1)
Subject: Energy Policy
Keywords: China, exploitation and exploration, natural gas industry, system dynamics modeling
Natural gas has an increasing role in Chinese energy transformation. We present a system dynamics model of the natural gas industry in China. A new system dynamics model for natural gas companies based on reserve exploration and well construction as well as investment dynamics is proposed. The contribution of the paper is to analyze the influence of technology, investment and policy factors on the natural gas industry. We found that the dynamics of the main variables, including gas policy, cost of investment, accounting depreciation and exploitation technology, are sensitive to the sustainable development of resources. The simulations and results presented here will be helpful for government to reform policies, and for upstream companies to make decisions.
282. LAPSE:2019.1369
Phase Change Material Based Accumulation Panels in Combination with Renewable Energy Sources and Thermoelectric Cooling
December 10, 2019 (v1)
Subject: Energy Management
Keywords: accumulation, phase change material (PCM), photovoltaic (PV), renewable energy source, solar collector, thermoelectric cooling
The article deals with the use of modern materials and technologies that can improve the thermal comfort in buildings. The article describes the design and usage of a special accumulation device, which is composed of thermal panels based on phase change materials (PCMs). The thermal panels have an integrated tube heat exchanger and heating foils. The technology can be used as a passive or active system for heating and cooling. It is designed as a “green technology”, so it is able to use renewable energy sources, e.g., photovoltaic (PV) panels, solar thermal collectors and heat pumps. Moreover, an interesting possibility is the ability to use thermoelectric coolers. In the research, measurements of the different operating modes were made, and the results are presented in the text. The measurement approves that the technology improves the thermal capacity of the building, and it is possible to use it for active heating and cooling.
283. LAPSE:2019.1368
Implementation and Assessment of a Decentralized Load Frequency Control: Application to Power Systems with High Wind Energy Penetration
December 10, 2019 (v1)
Subject: Process Control
Keywords: frequency response, load frequency control, wind power integration
This paper describes and assesses a decentralized solution based on a wireless sensor-actuator network to provide primary frequency control from demand response in power systems with high wind energy penetration and, subsequently, with relevant frequency excursions. The proposed system is able to modify the electrical power demand of a variety of thermostatically-controlled loads, maintaining minimum comfort levels and minimizing both infrastructure requirements and primary reserves from the supply side. This low-cost hardware solution avoids any additional wiring, extending the wireless sensor-actuator network technology towards small customers, which account for over a 30% share of the current power demand. Frequency excursions are collected by each individual load controller, considering not only the magnitude of the frequency deviation, but also their evolution over time. Based on these time-frequency excursion characteristics, controllers are capable of modifying the power consump... [more]
284. LAPSE:2019.1367
Fault Tolerant and Optimal Control of Wind Turbines with Distributed High-Speed Generators
December 10, 2019 (v1)
Subject: Process Control
Keywords: actuators, fault tolerant systems, power system control, wind energy system
In this paper, the control scheme of a distributed high-speed generator system with a total amount of 12 generators and nominal generator speed of 7000 min − 1 is studied. Specifically, a fault tolerant control (FTC) scheme is proposed to keep the turbine in operation in the presence of up to four simultaneous generator faults. The proposed controller structure consists of two layers: The upper layer is the baseline controller, which is separated into a partial load region with the generator torque as an actuating signal and the full-load operation region with the collective pitch angle as the other actuating signal. In addition, the lower layer is responsible for the fault diagnosis and FTC characteristics of the distributed generator drive train. The fault reconstruction and fault tolerant control strategy are tested in simulations with several actuator faults of different types.
285. LAPSE:2019.1366
Decentralized Electric Vehicle Charging Strategies for Reduced Load Variation and Guaranteed Charge Completion in Regional Distribution Grids
December 10, 2019 (v1)
Subject: Planning & Scheduling
Keywords: battery storage system, decentralized charging strategy, distribution grid, electric vehicle, load variation
A novel, fully decentralized strategy to coordinate charge operation of electric vehicles is proposed in this paper. Based on stochastic switching control of on-board chargers, this strategy ensures high-efficiency charging, reduces load variations to the grid during charging periods, achieves charge completion with high probability, and accomplishes approximate “valley-filling”. Further improvements on the core strategy, including individualized power management, adaptive strategies, and battery support systems, are introduced to further reduce power fluctuation variances and to guarantee charge completion. Stochastic analysis is performed to establish the main properties of the strategies and to quantitatively show the performance improvements. Compared with the existing decentralized charging strategies, the strategies proposed in this paper can be implemented without any information exchange between grid operators and electric vehicles (EVs), resulting in a communications cost redu... [more]
286. LAPSE:2019.1365
Biogas Purification: A Comparison of Adsorption Performance in D4 Siloxane Removal Between Commercial Activated Carbons and Waste Wood-Derived Char Using Isotherm Equations
December 10, 2019 (v1)
Subject: Materials
Keywords: adsorption equilibrium isotherms, biogas, circular economy, siloxanes, waste materials
Biogas production from organic waste could be an option to reduce landfill and pollutant emissions into air, water, and soil. These fuels contain several trace compounds that are crucial for highly efficient energy generators or gas injection into the grid. The ability of adsorbents to physically remove such adsorbates was investigated using adsorption isotherms at a constant temperature. We experimentally modelled isotherms for siloxane removal. Siloxanes were considered due to their high impact on energy generators performance even at low concentrations. Octamethylcyclotetrasiloxane was selected as a model compound and was tested using commercially available carbon and char derived from waste materials. The results show that recyclable material can be used in an energy production site and that char must be activated to improve its removal performance. The adsorption capacity is a function of specific surface area and porous volume rather than the elemental composition. The most commo... [more]
287. LAPSE:2019.1364
Comparison of Temperature Control and Temperature Difference Control for a Kaibel Dividing Wall Column
December 10, 2019 (v1)
Subject: Process Control
Keywords: dividing wall column (DWC), Kaibel column, process simulation, temperature control, temperature difference control
A dividing wall column (DWC) effectively intensifies the distillation process with a reduced energy consumption, capital investment, and space. The three-product DWC has been investigated intensively and extensively; however, the four-product Kaibel DWC has received scarce attention. This study aimed to propose feasible control structures for the Kaibel DWC using only temperature sensors in order to promote its industrialization. Two temperature control structures, two temperature difference control structures, and two double temperature difference control structures were studied. The feasibility of the six proposed control structures was verified with a wide variety of feed disturbances. In most cases, temperature difference control was better than temperature control to maintain product purities. The dynamic performances proved that the inserted feed disturbances were handled well. These results help to promote the industrialization of the Kaibel DWC.
288. LAPSE:2019.1363
Experimental Study on Forced Convection Heat Transfer from Plate-Fin Heat Sinks with Partial Heating
December 10, 2019 (v1)
Subject: Interdisciplinary
Keywords: forced convection, partial heating, plate-fin heat sink
In this study, plate-fin heat sinks with partial heating under forced convection were experimentally investigated. The base temperature profiles of the plate-fin heat sinks were measured for various heating lengths, heating positions, flow rates, and channel widths. From the experimental data, the effects of heating length, heating position, and flow rate on the base temperature profile and the thermal performance were investigated. Finally, the characteristics of the optimal heating position were investigated. As a result, it was shown that the optimal heating position was on the upstream side in the case of the heat sinks under laminar developing flow, as opposed to the heat sinks under turbulent flow. It was also shown that the optimal heating position could change significantly due to heat losses through the front and back of the heat sink, while the effects of the heat loss through the sides of the heat sink on the optimal heating position were negligible. In addition, it was show... [more]
289. LAPSE:2019.1362
A Time-Sequence Simulation Method for Power Unit’s Monthly Energy-Trade Scheduling with Multiple Energy Sources
December 10, 2019 (v1)
Subject: Planning & Scheduling
Keywords: consumption of renewable energy, fairness, feasibility, monthly energy-trade scheduling, time-sequence simulation method
The uncertainty of new energy output from wind power is rarely considered in the monthly energy-trade scheduling. This causes many problems since the new energy penetration level increases. The fairness of the scheduled energy for the power suppliers is difficult to guarantee. Because the actual power system operation is far away from scheduling when the monthly energy-trade schedule is carried out, unnecessary wind curtailment might occur, and even the feasibility of monthly energy-trade schedule might not be guaranteed. This affects the security and reliability of the power system operation. In this paper, a new time-sequence simulation method for the monthly energy-trade scheduling is proposed, which considers the new energy power forecasting characteristic and the computational load problem of hourly energy-trade simulation in the remaining months. The proposed method is based on a segment modelling strategy. The power generation in the scheduling month is optimized hourly, and the... [more]
290. LAPSE:2019.1361
Kinetic Studies and Moisture Diffusivity During Cocoa Bean Roasting
December 10, 2019 (v1)
Subject: Reaction Engineering
Keywords: activation energy, cocoa bean roasting, diffusivity coefficients, kinetic models
Cocoa bean roasting allows for reactions to occur between the characteristic aroma and taste precursors that are involved in the sensory perception of chocolate and cocoa by-products. This work evaluates the moisture kinetics of cocoa beans during the roasting process by applying empirical and semi-empirical exponential models. Four roasting temperatures (100, 140, 180, and 220 °C) were used in a cylindrically designed toaster. Three reaction kinetics were tested (pseudo zero order, pseudo first order, and second order), along with 10 exponential models (Newton, Page, Henderson and Pabis, Logarithmic, Two-Term, Midilli, Verma, Diffusion Approximation, Silva, and Peleg). The Fick equation was applied to estimate the diffusion coefficients. The dependence on the activation energy for the moisture diffusion process was described by the Arrhenius equation. The kinetic parameters and exponential models were estimated by non-linear regression. The models with better reproducibility were the... [more]
291. LAPSE:2019.1360
Effect of Initial Salt Composition on Physicochemical and Structural Characteristics of Zero-Valent Iron Nanopowders Obtained by Borohydride Reduction
December 10, 2019 (v1)
Subject: Materials
Keywords: borohydride reduction method, iron nanopowders, lead ions, nano zero-valent iron, wastewater treatment
The effect of initial salt composition on characteristics of zero-valent iron nanopowders produced via borohydride reduction was studied. The samples were characterized by X-ray diffraction, scanning and transmission electron microscopy, and low-temperature nitrogen adsorption. The efficiency of Pb2+ ions removal from aqueous media was evaluated. The use of ferric salts led to enhanced reduction kinetics and, consequently, to a smaller size of iron particles in comparison with ferrous salts. A decrease in the ionic strength of the synthesis solutions resulted in a decrease in iron particles. The formation of small highly-reactive iron particles during synthesis led to their oxidation during washing and drying steps with the formation of a ferrihydrite phase. The lead ions removal efficiency was improved by simultaneous action of zero-valent iron and ferrihydrite phases of the sample produced from iron sulphate.
292. LAPSE:2019.1359
Modeling and Observer-Based Monitoring of RAFT Homopolymerization Reactions
December 10, 2019 (v1)
Subject: Reaction Engineering
Keywords: measurements with delay, multi-rate observer, nonlinear sampled-data system, parameter fitting, RAFT polymerization
Reversible addition−fragmentation chain−transfer (RAFT) polymerization of methyl methacrylate (MMA) is modeled and monitored using a multi-rate multi-delay observer in this work. First, to fit the RAFT reaction rate coefficients and the initiator efficiency in the model, in situ 1 H nuclear magnetic resonance (NMR) experimental data from small-scale (400 mL) reflux reactions is then used to validate the fitted model. The fitted model accurately predicts the polymer properties of the large-scale reactions with slight discordance at late reaction times. Based on the fitted model, a multi-rate multi-delay observer coupled with an inter-sample predictor and dead time compensator is designed, to account for the asynchronous multi-rate measurements with non-constant delays. The multi-rate multi-delay observer shows perfect convergence after a few sampling times when tested against the fitted model, and is in fair agreement with the real data at late reaction times when implemented ba... [more]
293. LAPSE:2019.1358
Comparison of Packed-Bed and Micro-Channel Reactors for Hydrogen Production via Thermochemical Cycles of Water Splitting in the Presence of Ceria-Based Catalysts
December 10, 2019 (v1)
Subject: Process Design
Keywords: ceria, ceria-zirconia, hydrogen production, micro-channel reactor, oxygen carrier, thermochemical cycles, water splitting
Hydrogen production via two-step thermochemical cycles over fluorite-structure ceria (CeO2) and ceria-zirconia (Ce0.75Zr0.25O2) materials was studied in packed-bed and micro-channel reactors for comparison purposes. The H2-temperature program reduction (H2-TPR) results indicated that the addition of Zr4+ enhanced the material’s reducibility from 585 µmol/g to 1700 µmol/g, although the reduction temperature increased from 545 to 680 °C. Ce0.75Zr0.25O2 was found to offer higher hydrogen productivity than CeO2 regardless of the type of reactor. The micro-channel reactor showed better performance than the packed-bed reactor for this reaction.
294. LAPSE:2019.1357
Absolute Stability Condition Derivation for Position Closed-Loop System in Hydraulic Automatic Gauge Control
December 10, 2019 (v1)
Subject: Process Control
Keywords: absolute stability condition, flow control, hydraulic automatic gauge control system, Popov frequency criterion, position closed-loop system, rolling mill
In the metallurgical industry, hydraulic automatic gauge control (HAGC) is a core mechanism for thickness control of plates used in the rolling process. The stability of the HAGC system’s kernel position closed-loop is key to ensuring a process with high precision, speed and reliability. However, the closed-loop position control system is typically nonlinear, and its stability is affected by several factors, making it difficult to analyze instability in the system. This paper describes in detail the functioning of the position closed-loop system. A mathematical model of each component was established using theoretical analysis. An incremental transfer model of the position closed-loop system was also derived by studying the connections between each component. In addition, based on the derived information transfer relationship, a transfer block diagram of disturbance quantity of the system was established. Furthermore, the Popov frequency criterion method was introduced to ascertain its... [more]
295. LAPSE:2019.1356
Effects of a Dynamic Injection Flow Rate on Slug Generation in a Cross-Junction Square Microchannel
December 10, 2019 (v1)
Subject: Process Operations
Keywords: Computational Fluid Dynamics, dynamic injection flow rate, liquid-liquid slug flow, microchannel, slug generation
The injection flow rates of two liquid phases play a decisive role in the slug generation of the liquid-liquid slug flow. However, most injection flow rates so far have been constant. In order to investigate the effects of dynamic injection flow rates on the slug generation, including the slug size, separation distance and slug generation cycle time, a transient numerical model of a cross-junction square microchannel is established. The Volume of Fluid method is adopted to simulate the interface between two phases, i.e., butanol and water. The model is validated by experiments at a constant injection flow rate. Three different types of dynamic injection flow rates are applied for butanol, which are triangle, rectangular and sine wave flow rates. The dynamic injection flow rate cycles, which are related to the constant slug generation cycle time t0, are investigated. Results show that when the cycle of the disperse phase flow rate is larger than t0, the slug generation changes periodica... [more]
296. LAPSE:2019.1355
LC-ESI-QTOF/MS Profiling of Australian Mango Peel By-Product Polyphenols and Their Potential Antioxidant Activities
December 10, 2019 (v1)
Subject: Biosystems
Keywords: antioxidant activity, HPLC-PDA, LC-ESI-QTOF/MS, mango peels, polyphenols
Mango (Mangifera indica L.) is one of the most important fruits in the world. Mango peel is an important by-product that is rich in polyphenols and it could have high economic value if it is effectively utilized. Phenolic characterization is an essential step in the commercial utilization of mango peel by-products as food ingredients. Herein, qualitative and quantitative analyses of two Australian mango peel “Keitt” and “Kensington Pride” (K&P) by-products were conducted while using liquid chromatography coupled to electrospray ionisation and quadrupole time of flight mass spectrometry (LC-ESI-QTOF/MS) and high-performance liquid chromatography coupled to photodiode array detector (HPLC-PDA). A total of 98 polyphenols compounds were tentatively identified in both Keitt peel and K&P peel extracts, with greater concentrations of these compounds being detected in Keitt peel. The total phenolic content (TPC), total flavonoid content (TFC), and a total tannin content (TTC) were determined.... [more]
297. LAPSE:2019.1354
Energetic Analysis of Different Configurations of Power Plants Connected to Liquid Chemical Looping Gasification
December 10, 2019 (v1)
Subject: Energy Management
Keywords: chemical looping gasification, combined cycle, gas turbine, power plant, syngas production
In this article, a thermodynamic study was conducted on the energetic and exergy performance of a new configuration of liquid chemical looping gasification (LCLG) plant integrated with a power block to assess the overall performance of the system including exergy partitioned in syngas and first law efficiency (FLE). LCLG is a relatively new concept for the production of high-quality synthetic gas from solid feedstock such as biomass. As the temperature and pressure of the looping system are high, there is thermodynamic potential to co-produce chemical products, power and heat. Hence, in the present work, three different configurations of a power cycle were thermodynamically assessed. In the first proposed power cycle, the produced syngas from the gasifier was combusted in a combustion chamber and the exhausted gases were fed into a gas turbine. In the second and third proposed power cycles, the hot air was directly fed into a gas turbine or was used to produce steam for the steam turbi... [more]
298. LAPSE:2019.1353
Preparation and Characterization of Porous Ti/SnO2−Sb2O3/PbO2 Electrodes for the Removal of Chloride Ions in Water
December 10, 2019 (v1)
Subject: Materials
Keywords: chloride ions removal ratio, electrocatalytic oxidation, influencing factors, the porous electrode
Porous Ti/SnO2−Sb2O3/PbO2 electrodes for electrocatalytic oxidation of chloride ions were studied by exploring the effects of different operating conditions, including pore size, initial concentration, current density, initial pH, electrode plate spacing, and the number of cycles. In addition, a physicochemical characterization and an electrochemical characterization of the porous Ti/SnO2−Sb2O3/PbO2 electrodes were performed. The results showed that Ti/SnO2−Sb2O3/PbO2 electrodes with 150 µm pore size had the best removal effect on chloride ions with removal ratios amounting up to 98.5% when the initial concentration was 10 g L−1, the current density 125 mA cm−2, the initial pH = 9, and the electrode plate spacing 0.5 cm. The results, moreover, showed that the oxygen evolution potential of 150 µm porous Ti/SnO2-Sb2O3/PbO2 electrodes was highest, which minimized side reactions involving oxygen formation and which increased the removal effect of chloride ions.
299. LAPSE:2019.1352
Suppression of Aluminum Dust Explosion by Ca(H2PO4)2/RM Composite Powder with Core−Shell Structure: Effect and Mechanism
December 10, 2019 (v1)
Subject: Materials
Keywords: aluminum dust explosion, Ca(H2PO4)2/RM composite, suppressant, suppression mechanism
A Ca(H2PO4)2/RM composite powder suppressant with core−shell structure was prepared with modified red mud (RM) as the carrier and Ca(H2PO4)2 as the loaded particles, using a solvent−antisolvent process, in an attempt to suppress aluminum dust explosion more effectively. The suppression effects of the Ca(H2PO4)2/RM composite powder suppressant for aluminum dust flame propagation and for explosion overpressure were tested in a vertical glass tube test apparatus and a 20 L explosion vessel. The results show that the Ca(H2PO4)2/RM composite powder suppressant was more effective in suppressing aluminum dust flame propagation and explosion overpressure than either Ca(H2PO4)2 or RM powder alone. Finally, the suppression mechanism of the Ca(H2PO4)2/RM composite powder suppressant was analyzed. On the one hand, a large amount of burning heat was absorbed through the decomposition of Ca(H2PO4)2 and the melting phase transformation of the decomposition product; on the other hand, the strong isola... [more]
300. LAPSE:2019.1351
Analysis of Inventory Turnover as a Performance Measure in Manufacturing Industry
December 10, 2019 (v1)
Subject: Planning & Scheduling
Keywords: inventory turnover, manufacturing, performance, Sustainability
Using an appropriate measure to assess firms’ performance is essential. We analyzed inventory turnover (IT) as a performance measure in manufacturing processes because IT ratios are critical in the manufacturing industry and publicly available objective measures. Using the data of 421 manufacturing companies in Korea from 2010 to 2018, we conducted an extensive analysis of the factors affecting IT by segment and its correlation with other financial ratios. Then, we compare performances between the top and bottom companies determined by Altman’s Z score approach. We found that, for the overall manufacturing industry, IT ratios were negatively correlated with gross margin and debt cost, but positively correlated with capital intensity, although the results varied by segment. Moreover, IT ratios did not show significant correlations with other financial ratios categorized for growth, profitability, stability, productivity, and value of companies. However, adjusted IT (AIT) can be a good i... [more]
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