The study of the effects of exchange rate volatility has still attracted the attention among economist, especially international economist. Because, if the exchange rate is unpredictable, it makes uncertainty about the profits to be gained, so this conditions may diminish the gain from international trade. In addition, some empirical literature provides various findings, where the exchange rate volatility has a positive effect on exports and can also negatively effect on exports. This paper wants to provide empirical evidence on both of these. It uses panel data involving five ASEAN countries with a period of 2000 – 2016. We also apply some analysis in panel data, such as the pooled least squares method, the fixed effect method, and the random effect method. The findings show that the exchange rate volatility has negative impact on exports. This paper suggests that each of central bank should pursue sustainable and stable exchange rate policy measures to promote greater exchange rate stability that would help to enhance the real exports of the economy.
Lean is a method to reduce activities in the form of waste to increase efficiency in manufacturing or production lines and can be implemented in health services. This study analyse the flow of prescription services in BPJS Outpatient Pharmacy Installation as data for improvement. The results showed non-value added activities of 22%, value added activities of 74%, necessary non-value added activities of 4%, and process cycle efficiency of 74%. As for non-concoction drugs, non-value added activities are around 39%, value added is 61% and process cycle efficiency is 61%. The data shows that there is a process of non-value added and necessary non value added which causes the waiting time for outpatient pharmacy. Furthermore, using fishbone analysis to determine the cause of the problem and build improvements based on FMEA results. From the research results obtained that waste that often occurs is waiting that occurs in the taking of drugs. The recommended improvements are the addition of human resources in the collection and compounding of drugs, classifying and allocating types of drugs based on the speed of the drug and the implementation of 5S in BPJS outpatient pharmacy.
Abstract-The purpose of this study is to determine the factors of willingness to pay for quality improvement and to estimates of economic value for ecotourism object in Rawapening, Semarang Regency, Central Java Province, Indonesia. This study use contingent valuation method. The study uses lake visitors were surveyed regarding their willingness to pay for ecological function. The study was found significant factors affecting the probability of individuals to be willing to pay are the nominal amount bid only. The economic value of ecotourism was estimated at Rp 2,875 billion for total benefit per year. Recommendation from this paper, the local government should raise the price of an entrance fee in Rawapening.
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