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Title Supervisor Degree
Professional Bachelor 2024
Faculty: Transport and Management Faculty
Professional Bachelor 2024
Faculty: Transport and Management Faculty
Professional Bachelor 2024
Faculty: Transport and Management Faculty

Estimating Generalised Transport Costs of Road Freight Transportation in the Baltic Sea Region

This problem of estimating road transport costs in the Baltic Sea region is important for optimising cargo delivery expenses in local transportation and manufacturing sectors. The study incorporates a wider range of economic and logistical factors beyond the usual metrics of physical distance and travel time by using Generalised Transport Costs (GTC). Important factors like geodesic and road distances, travel times, fuel consumption, labor costs, tolls, and other overheads are identified. We utilise a unique dataset that analyses trips between centroids within each NUTS-2 region.The study confirms the GTC model by comparing calculated costs with established database values. Regression analysis uncovers key factors affecting transport costs, such as road distance, travel time, and tolls.Network analysis is used to map the routes in the region, focusing on finding paths that are both cost-effective and time-efficient. The analysis shows how small changes in routes can have a big impact on costs and efficiency.In conclusion, this thesis contributes to the knowledge of road freight transport costs in the Baltic Sea region, offering valuable insights for policymakers and logistics companies.

Author: Angelīna Ņekļudova

Supervisor: Francesco Maria Turno

Degree: Professional Bachelor

Year: 2024

Work Language: English

Optimizing Product Cost in Supply Chain

Optimizing product cost through simulation modeling offers a powerful approach to enhancing cost efficiency and decision-making in product development and manufacturing. Simulation modeling allows businesses to create detailed virtual representations of their processes, enabling them to experiment with different scenarios and strategies without the risks associated with physical trials. Simulation modeling supports iterative testing and optimization, allowing for the refinement of product designs and manufacturing processes. Ultimately, this approach enhances the ability to make informed, data-driven decisions, leading to more effective cost management and improved profitability. This abstract highlights the value of simulation modeling in optimizing product cost, emphasizing its role in providing actionable insights and fostering strategic improvements.

Author: Sofiya Andryuk

Supervisor: Mihails Savrasovs

Degree: Professional Bachelor

Year: 2024

Work Language: English

Increasing the efficiency of a manufacturing enterprise

This bachelor’s thesis is dedicated to the study of methods for improving the efficiency of a manufacturing enterprise. The work examines the theoretical aspects of determining efficiency, analyzes various approaches to its research and methods of improvement, and emphasizes the importance of strategic planning.The practical part of the research includes a description of the company's activities, an assessment of its financial condition, and a SWOT analysis. The work also reviews sales data in various segments of the non-alcoholic beverages market in Latvia, which helps identify problem areas and develop improvement recommendations.Particular attention is paid to the development of a production process improvement plan, including a detailed analysis of current operations and optimization proposals.The work is based on the analysis of the company's financial indicators for the period from 2020 to 2022, which allows identifying trends in profitability and liquidity indicators.The presented conclusions and recommendations can be used to enhance the efficiency of the enterprise and improve its competitive position in the market.

Author: Vitāliušs Mareks Kolodinskis

Supervisor: Aleksandrs Medvedevs

Degree: Professional Bachelor

Year: 2024

Work Language: Latvian

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