Author Archives: asyhad

W9_ASY_Leasing for Motorcycle Comparison


Problem Statement

Yesterday my wife asked me that she wanted to have a motorcycle for short traveling around daily for shopping around my neighbourhood. Then we search the internet to find what kind of motorcycle she is comfortable with. Finally whe choose Yamaha Vino Classic. The price of motorcycle on the road is IDR 13,750,000.-, I try to find information about leasing company, there are two option which one of company ADR propose with down payment IDR 2,900,000,- with 15 monthly payment IDR 1,028,000,-. And then BSN leasing company propose with down payment IDR 2,500,000,- with 17 monthly payment IDR 927,945,- if I want to buy in installments not in cash, which leasing company gives me better offer to choose?


Figure.1

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Filed under Asyhad, Week 09

W8.1_ASY_Workflow for Productivity Improvement


Problem Statement

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.

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Filed under Asyhad, Week 08

W8_ASY_Workflow for Productivity Improvement


Problem Statement

Here in Indonesia, beside in new field there are many oil and gas companies are operating in 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. I want to continue from my W7 blog discuss here about how could the company introduce workflow improve productivity as well as reduce maintenance cost to maximize production without disruptions.

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Filed under Asyhad, Week 08

W7_ASY_Reduction of Operation & Maintenance Cost for Oil and Gas


Problem Statement

Maintenance productivity is one of the most important issues which govern the economics of production activities. Talking about productivity it will end to the question of how much cost we can reduce because of increasing productivity or how much we loose because of degrading productivity. Now I want to talk about what kind of aspects is possible to be an alternative to reduce cost in operation and maintenance

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Filed under Asyhad, Week 07

W6_ASY_Improve Business Planning Interaction


Problem Statement

Today in this competitive market it is a basic rule for all company management to be very adaptive in order to survive in whatever kind of business they are. after discussing several economic point of view for small business proposal in my previous blogposting I think it is important if we understand how to improve business interaction before we start the busines. How to run the laundry business or small business correctly. We will do it using tree diagram for mapping tasks or action plan that needed to do or implemented to improve the company business performance. Continue reading

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Filed under Asyhad, Week 06

W5_ASY_Project Evaluation Using ERR Method


Problem Statement

Continue to discuss further using topic from my W4 posting here I want to talk about using ERR for evaluating this project. The tools as discussed in in Engineering Economy Engineering Book, chapter 5, page 178-211. This is introducing external reinvestment rate (ɛ) per period. Just like IRR, ERR is used to evaluate the economic justification of project. But this time ERR that taken into account the interest rate external at which cash flow generated over the lifecycle of project. This method is also useful for solving similar problems as stated in in problem 5-46 at this book. But, instead of using MARR = 12%, in this posting I am using ɛ = MARR 20% because as I am using real life example as described in my blog posting W4 previously.
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Filed under Asyhad, Week 05

W4_ASY_Laundry Project


Problem Statement

This time I continue to discuss further using topic from my previous posting on week 3 now I want to talk about laundry service further in this posting. Evaluating a single project using tools as discussed in in Engineering Economy Engineering Book, chapter 5, page 178-211. Introducing concept of Minimum Attractive Rate of Return (MARR) and Inernal Rate of Return (IRR) to see whether the business investment project should go or not.
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Filed under Asyhad, Week 04

W3_ASY_Laundry Service


Problem Statement

Laundry service in my neighbourhood at this time is seemed to be an interesting business, in this posting I want talk a selection of washer machine using multi attributes as discussed in Engineering Economy Engineering Book, chapter 14: Decision Making Considering Multi Attributes”, page 551-573. This time I pick for a front loading washing machine with washing capacity 7 kg. what is the best option for buying washer machine to get as many attributes offered by manufacturer.

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Filed under Asyhad, Week 03

W2_ASY_Food Preparation Product Selection


Problem Statement

After free for a while from the routine daily work in the office, is the perfect time to experience time with family at home. have healthy children is a dream for every family. as we want to enjoy spare time with homemade healthy food so buy a quality blender to consider. we want to compare the total life cost of product when we must decide to buy the product at the time of our choosing blenders for food preparation. Which one is really most economical from the total cost perspective.

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Filed under Asyhad, Week 02

W1_ASY_Tuckman Analysis Assignment


1. Problem recognition, definition and evaluation

The preparatory AACE certification course with face to face method was just completed. Eleven practitioners were participating in the class room from 26 -30 August 2013 on the course held by PT. Mitratata Citragraha’s AACE/PMI/INCOSE Certification course. The main objectives of this course are to have each of the students successfully complete the course with a passing grade and subsequently pass one of the supported certification examinations in February 2014 at first attempt and return on training investment back to their working office. Understanding the position of the team will help the team understand of where they stand, what kind of leadership is appropriate and also to make individual adjustment in order to make highest result. To determine the leadership style seems as a key factor here that will support the team achieving best contribution as the mission has already stated.

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Filed under Asyhad, Week 01