Effective cross hedging: evidence from physical crude palm oil and its non-interrelated energy futures contracts / Ahmad Danial Zainudin, Noryati Ahmad and Fahmi Abdul Rahim

Recent researchers found that Crude Palm Oil Futures contract (FCPO) in Bursa Malaysia Derivatives is no longer an effective hedging tool to mitigate the price risk in cash market due to the excessive speculation trading activities. This is very alarming to the hedgers hence possible hedge pair alternatives to crude palm oil physical must be identified to ensure that the hedging can be executed effectively. Therefore in this study, Ordinary Least Square, bivariate VAR and bivariate VECM were used to examine whether the non-interrelated energy futures contracts could serve as effective cross-hedging mechanisms for the CPO. Weekly data of agricultural and energy futures contracts from Intercontinental Exchange (ICE), New York Mercantile Exchange (NYMEX), and Tokyo Commodity Exchange (TOCOM) are employed to cross hedge the physical crude palm oil prices. The study starts from 2006 until 2016. Empirical results indicate that bivariate VECM gives more hedging variance reduction. Surprisingly, overall FCPO is still the best futures contract for hedging purposes while Japanese crude oil futures (TOCOM) represents the energy futures market as the best cross hedge alternatives for CPO

Penggunaan E-Learning dalam Pembelajaran Bahasa Arab: Fitur Dan Pola Pengajaran

This study aims to describe the use of e-learning in learning Arabic at MAN 1 Konawe Selatan. This research is a qualitative research and the type of research is a descriptive study, because this research does not use numbers in data collection, and only describes the use of e-learning in learning Arabic which focuses on features and teaching patterns. The data were obtained from the results of self-exploration from the researcher as one of the users of e-learning at MAN 1 Konawe Selatan as well as documents and articles related to this discussion. The use of e-learning at MAN 1 Konawe Selatan in learning Arabic is something new, so teachers and students are required to adapt in its use. Teaching patterns were developed to prohibit the four skills: istima' (listening), kalam (speaking), qira'ah (reading) and kitabah (writing). The learning features owned by e-learning at MAN 1 Konawe Selatan include; Video Conferences, Teaching Materials and Computer Based Tests (CBT), so that learning can be done even from a distance (distance learning).This study aims to describe the use of e-learning in learning Arabic at MAN 1 Konawe Selatan. This research is a qualitative research and the type of research is a descriptive study, because this research does not use numbers in data collection, and only describes the use of e-learning in learning Arabic which focuses on features and teaching patterns. The data were obtained from the results of self-exploration from the researcher as one of the users of e-learning at MAN 1 Konawe Selatan as well as documents and articles related to this discussion. The use of e-learning at MAN 1 Konawe Selatan in learning Arabic is something new, so teachers and students are required to adapt in its use. Teaching patterns were developed to prohibit the four skills: istima' (listening), kalam (speaking), qira'ah (reading) and kitabah (writing). The learning features owned by e-learning at MAN 1 Konawe Selatan include; Video Conferences, Teaching Materials and Computer Based Tests (CBT), so that learning can be done even from a distance (distance learning)

KEANEKARAGAMAN SERANGGA PREDATOR PADA PERKEBUNAN KELAPA SAWIT DI LAHAN BUKAAN BARU DAN BUKAAN LAMA

Keanekaragaman serangga predator di lahan bukaan baru dan lahan bukaan lama di Dharmasraya telah di lakukan pada bulan april samapai dengan juli 2017. Bertujuan Mengetahui spesies serangga predator yang ada di perkebunan kelapa sawit lahan bukaan baru dan lahan bukaan lama. Lokasi penelitian yakni Kecamatan Pulau Punjung, Timpeh dan Koto Besar. Metode yang di gunakan dalam penelitian yakni Purposive Random Sampling (Rancangan acak terpilih). Pengambilan sampel menggunakan metode Jaringan serangga dan Chemical Knockdown. Identifikasi di lakukan pada Laboratorium Bioekologi serangga, Fakultas Pertanian, Universitas Andalas-Padang, Sumatra Barat. Keaneragaman dan Kemerataan serangga predator di beberapan lahan perkebunan kelapa sawit di Kabupaten Dharmasraya tergolong sedang yakni (H’<1),dan (E< 0,76). Di temukan sebanyak 11 famili dan 6 ordo. Famili yang banyak melimpah adalah formicidae. Kata kunci : Ekologi, Serangga ,Predator, Kelapa sawit,Identifikasi,Jaring serangga dan Chemical knockdown.   DIVERSITY OF PREDATORY INSECTS ON PALM OIL PLANTATION I N RECENT AND OLD LANDS Abstract The diversity of predatory insects was studied in recent and old lands in Dharmasraya from April to July 2017. The objective was to study the diversity of predatory insects between recent and old plantations of oil palm. The sampling locations were Pulau Punjung, Timpeh and Koto Besar Districts. The method used in the study was Purposive Random Sampling. Insects were collected using the insect net and chemical knockdown. Identification was carried out at the Laboratory of Insect Bioecology, Faculty of Agriculture, Andalas University. Diversity and evenness of predatory insects in several oil palm plantations in Dharmasraya Regency was classified as medium, namely (H '<1), and (E <0.76). There were 11 families and 6 orders found. The abundant family was formicidae. Keywords: Predatory insects, oil palm, Identification, Insect Net and Chemical knockdown

Reactivity ratio determination of newly synthesized copolymers from glycidyl methacrylate and tetrahydrofurfuryl acrylate

Copolymers from different feed compositions of glycidyl methacrylate (GMA) and tetrahydrofurfuryl acrylate (THFA) were synthesized using free radical polymerization in toluene solution at 70±1°C using benzoyl peroxide (BPO) as initiator. The polymers were characterized by 1H NMR,13C NMR and DEPT spectroscopic techniques. The copolymer compositions were determined using 1H NMR analysis. Reactivity ratios for GMA and THFA were determined by the Kelen-Tudos, Tidwell-Mortimer and error-in-variables model methods. The results showed that all these copolymerizations were strictly linear systems describable by the Mayo-Lewis equation based on the terminal model and that accurate reactivity ratio data can be obtained

Evaluating the quality experience of ecotourist in Taman Negara Pahang

Tourists that travel to a destination will gain different kinds of experiences due to several conditions of a destination. To identify what are the Quality Experience that a tourist gained, certain characteristics of experiences will be determined by using Memorable Tourism Experience (MTE). Taman Negara Pahang a National Park in Malaysia which rich in the natural habitat which is considered as an ecotourism destination. Thus, the purpose of this study is to understand the Quality Experience of eco-tourist in Taman Negara Pahang by using the Memorable Tourism Experience (MTE). This study will be focusing on the main objective which is to determine the most influential Quality Experience of eco-tourists in Taman Negara Pahang. This study is a quantitative study and an online survey was used as the data collection instrument for the 130 respondents. This study shows that the preferred Quality Experience of eco-tourist is Hedonism while the least preferred Quality Experience is Local Culture. This study contributes to identify the Quality Experience of eco-tourist gained after they have visited an ecotourism destination. Therefore, the results of this study can offer a quality contribution towards any responsible parties to manage Taman Negara Pahang in terms of services, and management

Dampak Kemampuan dan Pengalaman Kerja terhadap Kinerja Karyawan

This study aims to determine the effect of Ability (Variable X1) and Work Experience (Variable X2) on employee performance. The method used in this study is using descriptive methods and associative methods. Data collection techniques conducted by researchers in this study are through observation, questionnaire interviews, documentation and literature study. Data analysis techniques start from the compilation of data, tabulation of data up to the testing phase. Based on the results of the calculation of the study of multiple linear regression analysis. The coefficient of determination (R2) can be obtained from the capability variable (X1) and work experience (X2) affects 89.8% (0.898) on employee performance (Y), the remaining 10.2% is influenced by other factors outside the research this. Conclusions, abilities and work experience have an impact on employee performance Keywords: Ability, Work Experience, Employee Performance

Analisis pemahaman pajak penghasilan dan sanksi pajak pada wajib pajak orang pribadi (WP OP) pegawai UD petis udang di kampung petis Desa Gumeng Bungah Gresik

Skripsi ini berjudul “Analisis Pemahaman Pajak Penghasilan dan Sanksi Pajak pada Wajib Pajak Orang Pribadi (WP OP) Pegawai UD Petis Udang di Kampung Petis Desa Gumeng Bungah Gresik” Rumusan masalah dalam skripsi ini adalah Bagaimana pemahaman pajak penghasilan pada wajib pajak orang pribadi (WP OP)Pegawai UD Petis Udang di kampung petis Gumeng Bungah Gresik? dan Bagaimana pemahaman sanksi pajak pada wajib pajak orang pribadi (WP OP)Pegawai UD petis udang di kampung petis Gumeng Bungah Gresik? Metodologi penelitian yang digunakan adalah pendekatan kualitatif deskriptif dengan jenis pendekatan penelitian studi kasus. Pengumpulan data dilakukan melalui wawancara dengan beberapa informan, yakni beberapa pegawai UD Petis Udang di Kampung Petis Desa Gumeng Bungah Gresik. Kemudian dianalisis dengan menggunakan metode analisis deskriptif, sehingga memperoleh gambaran mengenai objek secara faktual, akurat, dan sistematis. Hasil dari penenitian ini adalah pemahaman pajak penghasilan dan sanksi pajak.Wajib Pajak Orang Pribadi (WPOP) Pegawai UD Petis Udang Desa Gumeng Bungah Gresik kurang memahami tentang pajak penghasilan. Sedangkan dengan sanksi pajak para pegawai hanya mengetahui tetapi tidak memahami sehingga banyak yang melanggar sanksi karena kurangnya pengetahuan mengenai sanksi pajak. Kesimpulan dari penelitian ini adalah pemahaman pajak penghasilan dan sanksi pajak pada Wajib Pajak Orang Pribadi (WP OP) Pegawai UD Petis Udang di kampung petis Gumeng Bungah Gresik dari berbagai pegawai di UD petis udang tersebut masih sangat minim. Mereka masih belum mengetahui kalau dirinya adalah Wajib Pajak Orang Pribadi dengan kategori pegawai tidak tetap dan dengan tarif berapa yang harus dibayar dan bagaimana cara membayarnya

Pengaruh pelatihan dan kompensasi terhadap kinerja pegawai dengan dorongan sebagai variabel intervening

This study uses motivation as an intermediary variable to explain how training and pay affect employee performance. This study uses a qualitative approach. The method used is by survey. The type of research used is the study of causality. With a total sample size of 43 participants, this study was carried out in the production division of PT Pertamina Hulu Energi West Madura Offshore's Onshore Receiving Facility (ORF PT PHE WMO). Training and compensation are exogenous variables in this quantitative research method. Motivation serves as a mediating variable and performance is an endogenous variable. With the help of a Likert scale, the factors were measured. The Structural Equation Model Partial Least Square (SEM PLS) technique and SmartPLS 3 software were utilized for data analysis. According to the study's findings, motivation, training, and compensation all had a direct, beneficial, and significant impact on performance. The training and compensation variables and the ability to mediate have a favorable and significant indirect connection on performance

RANCANG BANGUN PEMOTONG DODOL (MAKANAN RINGAN) SECARA MELINTANG MENGGUNAKAN KAWAT STAINLESS STEEL 0,22 mm

Dodol merupakan makanan khas asli indonesia, terutama di daerah kota Garut dan Kudus. Dodol digunakan sebagai makanan camilan dan banyak di gunakan untuk oleh-oleh atau buah tangan.Dodol yang akan di pasarkan ke khalayak ramai harus sesuai dengan ukuran yang telah di tentukan oleh perusahaan tersebut, tidak sekedar di kemas secara bebas. Dodol memiliki banyak bahan dasar untuk menjadikan dodol bercita rasa khas tersendiri, bahannya adalah: tape, gula merah, gula pasir, essence dan mentega. Proses pengadukan dodol sudah menggunakan pengaduk otomatis, di putar oleh motor listrik, sehingga proses pembuatan pada bagian pengaduk sudah melalui proses pemesinan, akan tetapi pada bagian proses pemotongan dodol, masih menggunakan alat pemotong secara manual menggunakan pisau biasa. Di situlah di mulai perancangan mesin pemotong dodol.Metodologi pelaksanaan yang digunakan dalam perancangan alat pemotong dodol secara melintang tinjauan pustaka, analisa kebutuhan, perancangan alat, simulasi kelenturan kawat, pembuatan alat dan pengujian alat. Dari hasil perancangan pemotong dodol menghasilkan data perhitungan momen lentur (Displacement) adalah 7,6 mm, ketegangan pada kawat adalah 396 MPa,. Hasil pengujian oemotong dodol menggunakan kawat menunjukkan bahwa kawat mampu menerima beban yang di terima sebesar 9,8