Internal factors and external factors are used to measure the performance of higher education institutions. Internal factors include those whose criteria come from within the organization, while external factors are those whose criteria come from outside the organization. Of these two factors, measurement criteria that can help in decision-making about the development and expansion of higher education competence, including financial criteria, are needed. This study examines the optimization of the financial performance of private higher education institutions by applying the Analytic Hierarchy Process method and a proposed double auction framework. Financial criteria are critical to supporting the development and enhancing the competency of higher education institutions. The Analytical Hierarchy Process is used to prioritize 19 sub-criteria, with the Teaching Process Operational Cost Development sub-criterion scoring highest for each operational criterion. The double auction framework is proposed to facilitate decision-making for the development and further competence of private higher education institutions. This paper represents an important contribution to the evaluation of the financial performance of private higher education institutions by using a novel approach that incorporates a double auction framework.
7 October 2024 in Journal of Advanced Research in Applied Sciences and Engineering Technology
Small and medium-sized enterprises (SMEs) make a significant contribution to the economy and can reduce the unemployment rate. To improve their success, SMEs often need outside support, such as venture capital or other sources of financing. For governments, private investors, and banks to provide financial support, it is important to identify relevant criteria to evaluate the future success of SMEs. To evaluate SMEs and allocate venture capital effectively, this study proposes a multi-criteria decision-making technique that combines the Analytic Hierarchy Process (AHP) and the double auction method. The double auction approach is used to match SMEs with investors based on their AHP scores and funding needs. The AHP is used to assess the importance of various factors that influence SME success. This study aims to support an effective and informed decision-making process for the distribution of venture capital to SMEs by bringing these two methods together to promote their growth and success.
21 June 2024 in Journal of Advanced Research in Applied Sciences and Engineering Technology
Online learning is currently very much needed for the development of science in schools, the covid 19 outbreak has made changes to learning methods. The change in the learning model must also be supported by supporting learning devices and media, including computer networks and the internet in schools, the network that is used to support online learning is currently widely used by schools using WLAN, because it can reach parts of the hard one. The use of WLAN learning devices and media as a support for online learning can be an obstacle for some teachers and students, this is because not all teachers and students can understand the online learning system and not all areas have a fast internet access network, with these constraints in need a technology acceptance measurement model (TAM) for online learning using WLAN, so that online learning can be carried out properly and the achievement of successful learning can be carried out.
14 October 2023 in Journal of Advanced Research in Applied Sciences and Engineering Technology
Based on SNI 5015:2019, the estimation of coal resources is based on geological conditions, as well as the distance of information points for each geological condition and resource class. PT. AMNK is a coal mining company and has now started mining. The mines are divided into three blocks, north, middle, and south. Drilling activities have been carried out in the middle block, with 66 drilling points resulting in 4 main seams namely, H seam, I seam, J seam, and K seam. The average drill hole distance is 150 m. This type of coal deposit belongs to the moderate geological group characterized by the presence of a fault in the middle block. Further analysis of optimum drill hole distances is carried out as a basis for the estimation and classification of resources, which in 2024 will be used as an exploration target for the southern block. Analysis of the optimum drill hole distance based on the "relative error" value using the GEV (Global Estimation Variance) method and the size of the sill variogram. Based on the analysis of the K seam, the optimum borehole distances were 385 m, 750 m, and 1750 m, measured, indicated, and inferred categories, respectively.
STEM education has been formally introduced in order to foster student interest towards science and technology fields. Different approaches, strategies and tools have been used in order to implement an integrative STEM education at difference levels of education. Robot is one of the widely used tools to implement an integrative STEM education where the STEM components can be integrated and implemented using a single platform. However, the commercially available robotic platforms are mostly proprietary, high cost and has very restricted functions. In addition, the development of the proprietary robotic platforms and its activities are mostly not considering the content of the STEM related subjects in school. This study intends to develop a robotic kit (known as STEMbot) based on Mechatronics Design Process approach considering the STEM related course contents of the middle school in Malaysia using on open-source development tools. The findings demonstrate that the proposed STEMbot robotic kit has a positive impact in realizing an integrative STEM education as shown by the positive feedbacks from the schools’ teachers.