Here in Indonesia, beside in new field there are many oil and gas companies are operatingin a mature field, problems raised when the company faced to manage how to achieve high recovery rates, how to use personnel effectively, how improve production and create an efficient cost structure. That would mean improving business processes, formalizing its corporate knowledge and supporting integrated long-term asset planning and short-term operational planning. As revision from my W8 blog discuss here I want to talk about how could the company introduce workflow improve productivity as well as reduce maintenance cost to increase reliability at minimum cost as part of business improvement.
Filed under Asyhad, Week 08
Previously discussed in my W8.1 blog that saving in gold to buy a cow to be sacrificed on Eid al-Adha is preferred as it is the only stable currency. Using the 2000-2013 data price per kg in Rupiah (IDR) and Dollar (USD) which were converted to gold unit per kg for analysis, the 3 trendlines set shows the big spread with R-squared below 0.90. Dr. Paul commented that I need to do experiment to get the curves of scenarios closer together and find the way for the R-squared to be above 0.90. The fluctuation of cow price over the years influences the trendline curves. While the historical values come from the average price of its year, the 2013 value comes from the spot price in Eid al-Adha.
Following my previous blog posting, on this posting I would discuss about Payback Period of Student Pick-up Service Business. I would simulate the payback calculation to determine the decision of funding scheme based on payback period of investment. On this posting, I put three scenarios: 1st is fully using equity fund, 2nd is using mixed equity and debt which ten million rupiah of investment (21.74%) is using debt and 3rd is also mixed which forty million rupiah of investment (86.96%) is using debt.