Higher Education in EU has been experiencing radical changes with the aim to make the Higher Education Institutions (HEIs) more responsive to society and to stimulate the transfer of knowledge in the triangle of research, education and innovation. Key obstacles are limited available financial resources. Thus, distribution mechanisms are needed, which will encourage economical and cost-effective use of resources at HEIs and stimulate them to achieve national strategic objectives. Widely used mechanisms for the allocation of public funds is a formula structured with a combination of elements and based on tariff groups, which should reflect the costs of HE.
COBISS.SI-ID: 15658549
Considering the present state of the art among the production optimization frameworks, the Overall Equipment Efficiency (OEE) methodology is the most popular one. However, this methodology approaches production optimization only from the technology point of view and ignore the economic perspective of optimization. This is why we developed a new key performance indicator Overall Cost Efficiency (OCE) aimed at measuring the cost efficiency of a production process in real time. Its application is based on the Overall Equipment Efficiency measurements and is convenient for application in industrial management praxis.
COBISS.SI-ID: 4653271
The chapter offers an overview of existing programs, examines their historic development, assesses their economic rationale, and describes some recent major reform attempts.
COBISS.SI-ID: 4464087