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Economic management instrument for enhanced supply of utilities to megacities
LundaHydro AB, Sweden.
Linnaeus University, Faculty of Health and Life Sciences, Department of Biology and Environmental Science.ORCID iD: 0000-0002-1903-760X
All-Russian Research Institute of Phytopathology, Russia.
All-Russian Research Institute of Phytopathology, Russia;Peter the Great St. Petersburg Polytechnic University, Russia;Ioffe Physico-Technical Institute, Russia.
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2019 (English)In: International Scientific Conference "Digital Transformation on Manufacturing, Infrastructure and Service": 21–22 November 2018, Saint-Petersburg, Russian Federation, Bristol: Institute of Physics Publishing (IOPP), 2019, no 1, article id 012061Conference paper, Published paper (Refereed)
Abstract [en]

A cost structure is proposed to enhance the supply of utilities to megacities on a regional operating scale. The introduced methodology involves business administration theory and economics and employs the previously introduced equality principle and the EUROPE (Efficient Use of Resources for Optimal Production Economy) model to impose shadow costs on supply losses to induce economic incentives to improve the functionality of megacities. A case study presents the practical application in an Asian context. It is concluded that the introduced methodology makes the megacities more efficient and improve their functionality. Profitability increases, the technology is advanced, and the environment improves when the EUROPE model is applied on activities that involve supply flows at higher policy analysis levels. Application of an introduced key factor encapsulates megacity aspects. The equity of the regional access to facilities is improved. The developed methods support decision-making when managing megacity supply.

Place, publisher, year, edition, pages
Bristol: Institute of Physics Publishing (IOPP), 2019. no 1, article id 012061
Series
IOP Conference Series: Materials Science and Engineering, ISSN 1757-8981, E-ISSN 1757-899X ; 497
Keywords [en]
Decision making, Economics, Business administration, Cost structure, Economic incentive, Economic management, Key factors, Megacities, Optimal production, Policy analysis, Manufacture
National Category
Economics and Business
Research subject
Economy
Identifiers
URN: urn:nbn:se:lnu:diva-82890DOI: 10.1088/1757-899X/497/1/012061Scopus ID: 2-s2.0-85064856185OAI: oai:DiVA.org:lnu-82890DiVA, id: diva2:1317537
Conference
International Scientific Conference "Digital Transformation on Manufacturing, Infrastructure and Service". 21–22 November 2018, Saint-Petersburg, Russian Federation
Available from: 2019-05-23 Created: 2019-05-23 Last updated: 2019-10-11Bibliographically approved

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Hogland, William

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Citation style
  • apa
  • harvard1
  • ieee
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  • vancouver
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Output format
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