2021
Autores
Martins, C; Vaz, CB; Alves, JMA;
Publicação
INTERNATIONAL JOURNAL OF CONTEMPORARY HOSPITALITY MANAGEMENT
Abstract
Purpose Portugal has been experiencing a continuous growth in tourism activity, with hospitality industry as one of the main tourism sectors. Therefore, the assessment of hotel companies' performance is very important to assist decision processes. The purpose of this paper is to assess the financial performance (FP) of 570 hotel companies operating hotel units in Portugal in 2017. To explore the question of brand affiliation, a comparison was made between hotel companies with similar stars rating and market orientation. In addition, this paper intends to fill a gap in literature studying the Portuguese reality on the subject of brand affiliation. Design/methodology/approach The present study uses a methodology based on data envelopment analysis (DEA) to assess the overall performance for each company, which further decomposed into the within-group performance and the technological gap. The performance of the hotel company is assessed through the aggregation of multiple financial indicators using the composite indicator (CI) derived from the DEA model. A bivariate analysis based on the Tobit regression to test the robustness of brand effect on FP of hotel companies (HC) was also included. Findings The empirical results show that branded companies, on average, have significantly better overall FP than non-branded companies. On the one hand, the brand effect tends to improve the within-group FP of HCs and the brand presents a statistically significant positive effect on the FP. On the other hand, the best practices are observed in both branded and non-branded companies. Practical implications The results of this study illustrate that, globally, the better FP of the branded companies is because of their individual relative companies' performance and a better model of operation given by the brand effect. Brand affiliation will generally allow for a better FP and essentially a better profitability for invested equity, a higher return on sales and a higher value added per employee. Originality/value The study provides important theoretical and practical contributions that can assist the strategic decision of the HCs in choosing to operate independently or to adopt brand affiliation. Also, it is innovative because the FP of branded and non-branded HCs is measured not using a set of individual financial ratios but through a single CI that aggregates those financial ratios, using a DEA model.
2021
Autores
Queiros, F; Oliveira, BB;
Publicação
JOURNAL OF CLEANER PRODUCTION
Abstract
One of the main decisions that a car rental company has to make regards the definition of the fleet size and mix, i.e., the capacity to meet demand. This demand is highly unpredictable and price-sensitive; thus, the definition of the prices charged influences capacity decisions. Moreover, capacity decisions are also linked to other company strategies to meet demand, such as offering upgrades or transferring empty cars between stations. Typically, these problems are tackled focusing on the maximization of profits, disregarding the environmental impacts associated with these decisions. There is a growing need for models and analytical tools that can support decisions considering the trade-off between profit and environmental impact in mobility. Therefore, this work incorporates environmental concerns into the capacity-pricing problem for car rental, proposing a bi-objective model to tackle the trade-off between profit and environmental impact. The Life Cycle Assessment method is applied not only to vehicles but also to fuel to define environmental parameters accurately. Four types of vehicles are considered: internal combustion engine vehicles, hybrids, hybrids plug-in, and electric vehicles. Solving multi-objective models is a computationally challenging problem, which requires efficient and applicable methods. These methods can support policy and business decisions in a real-world context, running different scenarios and evaluating solutions under varying conditions. Due to its efficiency in solving bi-objective models, an Epsilon-constraint method is developed and applied in diverse situations to retrieve managerial insights. The results obtained enable quantifying the feasible trade-offs, overall showing that, on average, with a decrease of 14.44% in financial results, it is possible to obtain a decrease of 63.41% in environmental impact. Additional insights are also retrieved related to the fleet, fuel, prices and demand.
2021
Autores
Barbosa, F; Rampazzo, PCB; de Azevedo, AT; Yamakami, A;
Publicação
APPLIED INTELLIGENCE
Abstract
2021
Autores
Oliveira, Ó; Gamboa, D; Silva, E;
Publicação
Springer Proceedings in Mathematics and Statistics
Abstract
We present heuristics for two related two-dimensional non-guillotine packing problems. The first problem aims to pack a set of items into the minimum number of larger identical bins, while the second aims to pack the items that generates most value into one bin. Our approach successively creates sequences of items that defines a packing order considering knowledge obtained from sequences previously generated. Computational experiments demonstrated that the proposed heuristics are very effective in terms of solution quality with small computing times. © 2021, Springer Nature Switzerland AG.
2021
Autores
Ramalho, FR; Soares, AL; Almeida, AH;
Publicação
BOOSTING COLLABORATIVE NETWORKS 4.0: 21ST IFIP WG 5.5 WORKING CONFERENCE ON VIRTUAL ENTERPRISES, PRO-VE 2020
Abstract
The rise of smart manufacturing environments, characterized by high quantity of data/information available, contributes to a growing interest and research towards the use of immersive technologies not only in factories but also across entire value chains. New immersive technologies and devices are being developed to improve cooperation within Collaborative Networks (CNs), especially in the human-machine hybrid networks context. The application of these technologies in such complex environments expands substantially the modes how information is delivered and used, which may exacerbate one of the oldest problems of cognitive ergonomics: information overload. Therefore, this work presents applications of immersive technologies in manufacturing into the perspective of "information work" and "immersive human-centered manufacturing systems". A framework is proposed to be developed in a FabLab to understand the worker needs and interactions. This FabLab aims to demonstrate the potential/real application of immersive technologies, towards the enhancement of the human worker cognitive capabilities.
2021
Autores
Azevedo, A; Almeida, AH;
Publicação
EDUCATION SCIENCES
Abstract
Small and medium-sized enterprises (SMEs) in Europe risk their competitiveness if they fail to embrace digitalization. Indeed, SMEs are aware of the need to digitalize-more than one in two SMEs are concerned that they may lose competitiveness if they do not adopt new digital technologies. However, a key obstacle is related with decision-makers' lack of awareness concerning digital technologies potential and implications. Some decision-makers renounce digital transition simply because they do not understand how it can be incorporated into the business. Take into account this common reality, especially among SMEs, this research project intends to identify the skills and subjects that need to be addressed and suggests the educational methodology and implementation strategy capable of maximizing its success. Therefore, and supported by a focused group research methodology, an innovative training program, oriented to decision-makers, was designed and implemented. The program was conceived based on a self-directed learning methodology, combining both asynchronous lecture/expositive and active training methodologies, strongly based on state-of-the-art knowledge and supported by reference cases and real applications. It is intended that the trainees/participants become familiar with a comprehensive set of concepts, principles, methodologies, and tools, capable of significantly enhancing decision-making capability at both strategic and tactical level. The proposed programme with a multidisciplinary scope explores different thematic chapters (self-contained) as well as cross-cutting thematic disciplines, oriented to the Industry 4.0 and digital transformation paradigm. Topics related with Digital Maturity Assessment, Smart Factories and Flexible Production Systems, Big Data, and Artificial Intelligence for Smarter Decision-Making in Industry and Smart Materials and Products, as well as new production processes for new business models. Each thematic chapter in turn is structured around a variable set of elementary modules and includes examples and case studies to illustrate the selected topics. A teaching-learning methodology centered on an online platform is proposed, having as a central element, a collection of videos complemented by a set of handouts that organize the set of key messages and take-ways associated with each module. In this paper, we present the design and practice of this training course specifically oriented to decision-makers in SME.
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