• Title/Summary/Keyword: Cost Efficiency Analysis

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The Efficiency and Business Strategy of Contract-Foodservice Operations using Data Envelopment Analysis (DEA기법을 도입한 위탁 급식 점포의 효율성과 사업 전략에 관한 연구)

  • Choi, Kyu-Wan;Park, Ju-Yeon
    • Journal of the East Asian Society of Dietary Life
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    • v.17 no.5
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    • pp.727-737
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    • 2007
  • The aims of this study was to suggest a new efficiency measurement indicator for evaluating the management efficiency of decision making units(DMUs) in the contract foodservice industry. The data envelopment analysis(DEA) model which considers multiple inputs and outputs and looking for benchmarks, was used to compare the productivity of DMUs. We considered sales, profits, and customer satisfaction as output variables and it adopted food cost, labor cost and administrative expense as input variables. The results of applying DEA revealed relatively efficient types of business and service types. The efficiency of school units was highest and the mired service type was the most efficient one. In this study the CCR model efficiency was analysed with profit and the customer satisfaction index by the matrix method. DEA efficiency was correlated with profit but there was no correlation between DEA efficiency and the customer satisfaction index.

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Heating Energy Saving and Cost Benefit Analysis According to Low-Income Energy Efficiency Treatment Program - Case Study for Low-Income Detached Houses Energy Efficiency Treatment Program (저소득층 에너지효율개선사업에 따른 난방에너지 절감 효과 및 경제성 분석 - 저소득층 단독주택 단열개선을 중심으로 -)

  • Kim, Jeong-Gook;Lee, Junghun;Jang, Cheolyong;Song, Doosam;Yoo, Seunghwan;Kim, Jonghun
    • KIEAE Journal
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    • v.16 no.5
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    • pp.39-45
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    • 2016
  • Purpose: The purpose of this study is to analyze the energy saving and cost benefit analysis of the Low-income Energy Efficiency Treatment Program supported by KOREF(Korea Energy Foundation). This program was launched in 2007 and performs building energy retrofit for the low-income and energy poverty houses. Method: Energy simulation and cost benefit analysis were accomplished for the low-income detached houses. The structure of detached house was a lot og block structure, wood frame (single glass) and concrete roof. Baseline model of the low-income detached houses was proposed. Result: Annual heating energy consumptions were decreased by about 3.2% with the window system replacement(Case 1), 9.3% with reinforcement of insulation(Case2), and 12.5% with both(Case 3) compared to those of baseline model. The construction cost will be recouped within 5 years for the Case 1, 3 years for the Case 2, and 3 years for the Case 3. Case 3 was the most cost beneficient construction method in the analyzed cases in this study.

Economical and Environmental Feasibility of Cultivation under Structure Due to the Introduction of Bio-energy -Comparative Analysis of Wood Pellets and Diesel- (목재펠릿 도입에 따른 시설재배의 경제적.환경적 타당성 분석 -목재펠릿과 경유의 비교분석을 중심으로-)

  • Yang, Jeong-Soo;Yoon, Sung-Yee
    • Korean Journal of Organic Agriculture
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    • v.21 no.3
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    • pp.335-350
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    • 2013
  • With the efforts to development of renewable energy technologies, and increasing awareness to environmental issues, the usage of wood pallets has been increasing every year since the introduction of wood pallet technology to the domestic market. until 2009, majority usage of pellet boiler was in the residential houses. In an effort to increase the distribution of wood pellet boiler to cultivation facilities with high usage of fuels, The Ministry of Agriculture and Forestry has launched a distribution project of wood pellet boiler for fuel usage as a part of the agricultural and fishery energy efficiency projects. Although only small number of farms with a heat-culturing facility have replaced from conventional boiler to pellet boiler. Although part of reason for low usage of pallet boiler is lack of understanding and information of it, the main reasons are high initial cost and uncertainty of its cost efficiency. Also, most people from agricultural industry don't realize it's significance in terms of environmental benefit due to lack of understanding in 'resource circulation' and 'adopting to climate change'. In this study, first, we did a cost-efficiency analysis of the farm which uses a diesel boiler to grow cucumber, tomato, paprika. Then we replaced the diesel boiler to a pallet boiler and measured its cost-efficiency again. By comparing the cost-efficiency of the diesel boiler with the pellet boiler, we analyzed the economic viability of pellet boiler. Then we analyzed viability of pallet boiler usage in terms of 'resource circulation' and 'adopting to climate change'. As a result of our analysis, we have found out that under the current system of government support, the energy usage varies depends of the types crops grown and the higher the energy use, the more cost efficient it is to use the pallet boiler. Also, it is economically viable to use the pallet boiler in terms of 'resource circulation' and 'adopting to climate change'.

An Analysis of the Trends of Korean National Health Insurance Administrative Cost (건강보험 관리운영비 추이 분석)

  • Park, Chong Yon;Suh, Nam Kyu;Um, Eui Hyeon
    • Health Policy and Management
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    • v.15 no.3
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    • pp.17-39
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    • 2005
  • Social solidarity, equity in financing, and efficiency in administration have been core issues in the development of Korean health insurance reformation since 1988. This study is to investigate the trend of administrative cost in Korean National Health Insurance from various aspects. For the analysis of administrative cost, the expenditures of each insurance society and the National Health Insurance Corporation are divided into 4 items of (1) insurance benefit, (2) administrative cost, (3) an agency provision accounts, (4) other expenses, and then they are reorganized. The analyses based on 5 types of the health insurance administrative cost showed that efficiency in administration has been improved generally. We, however, should consider qualitative aspects such as customer's satisfaction with health insurance administration, prompt service, control of unjust expenditure (unjust claims), and provision of medical service including health consultation in assessing efficiency of administration. And, in order to connect the administrative costs of health insurance with efficiency, we need to give a fundamentally new definition, which can contain elaborateness of expenditure in details including the structure and evaluation method of administrative costs. It may be necessary to develop new indicators or analyzing methods hereafter.

Estimation of Rebate Level for Energy Efficiency Programs Using Optimization Technique (최적화 기법을 이용한 에너지 효율 프로그램의 지원금 수준 산정)

  • Park, Jong-Jin;So, Chol-Ho;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.3
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    • pp.369-374
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    • 2008
  • This paper presents the evaluation procedures and the estimation method for the estimation of optimal rebate level for EE(Energy Efficiency) programs. The penetration amount of each appliance is estimated by applying price function to preferred diffusion model resulted from model compatibility test. To estimate the optimal rebate level, two objective functions which express the maximum energy saving and operation benefit are introduced and by multi-objective function which can simultaneously consider two objective functions the optimal rebate level of each appliance is estimated. And then, using the decided rebate level and each penetration amount, the priority order for reasonable investment of each high-efficiency appliance is estimated compared to the results of conventional method. Finally, using a benefit/cost analysis based on California standard practice manual, the economic analysis is implemented for the four perspectives such as participant, ratepayer impact measure, program administrator cost and total resource cost.

Development of Heat Exchanger Production Model Based on the Microlamination Technology and Estimation of its Economic Efficiency (마이크로 적층기술을 이용한 열교환기 생산모델 개발과 경제성 평가)

  • Ryuh, Beom-Sahng;Kim, Jae-Hee;Park, Sang-Min
    • Transactions of the Korean Society of Machine Tool Engineers
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    • v.15 no.3
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    • pp.97-103
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    • 2006
  • The development of a heat exchanger production model based on the microlamination technology and it's economic efficiency is addressed. A microchannel production model is proposed for the high-volume production. The microlamination system is made up of lamina patterning, laminae sorting and laminae bonding. A cost estimation model is developed based on the hewn cycle time and capital equipment costs. An economic efficiency analysis is performed to determine the cost drivers under the different market and product scenarios. The result of the economic efficiency analysis indicated that the device size and the production rate have a great effect on the overall manufacturing cost of microlamination devices. And it can be concluded that the microlamination should focus on bonding larger laminae and reducing both cycle time and warpage.

A Discourse on the Economic Efficiency of Information (정보의 경제성에 관한 담론)

  • Ko, Young-Man
    • Journal of the Korean Society for Library and Information Science
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    • v.37 no.4
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    • pp.53-68
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    • 2003
  • This study is an attempt to re-examination of information value and it´s economic efficiency from the viewpoint of information science. This study focuses on the analysis of the considerable discussions about added value of information and cost-benefit analysis of information. This study shows that the researches of information value or value-added information have dealt with the effect of information use and the measuring information efficiency concerns cost-benefit analysis of information services. A case study on ‘the national digital library program’ is also demonstrated as a pilot model for the cost-benefit analysis of information services.

An Analysis of Causes of the Management Inefficiency of Forest Products Farms - The Case of Jujube, Bitter Persimmon, and Chestnut Farms - (임산물 농가의 경영 비효율성 원인 분석 - 대추, 떫은감, 밤 농가를 대상으로 -)

  • Lee, Choon-Soo;Chong, Ho-Gun
    • Korean Journal of Organic Agriculture
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    • v.31 no.4
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    • pp.357-380
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    • 2023
  • This study analyzed the management efficiency of jujube, bitter persimmon, and chestnut farms using data envelopment analysis (DEA). And this study analyzed causes affecting management inefficiency of those farms using the two-step method. The main findings are as follows. First, as self and employment labor costs are increased, it is important to reduce labor costs which account for 60~70% of the total production cost. Second, efforts to improve management efficiency are needed as overall efficiency of farms were decreased. Third, a pesticide cost per 10a representing a level of pesticide had a negative effect or did not have a statistically significant effect on the management efficiency. This implies that expanding environment-friendly production by reducing pesticides is effective for improving the management efficiency. Fourth, as leading farms were more efficient than general farms, technology dissemination and education through leading farms are important for improving efficiency, and efforts are needed to promote exchange between leading and general farms.

Economic Analysis of Heat Pump System through Actual Operation (히트 펌프 냉난방 시스템의 실사용을 통한 경제성 분석)

  • Shin, Gyu-Won;Kim, Gil-Tae;Joo, Ho-Young;Lee, Jae-Keun
    • Proceedings of the SAREK Conference
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    • 2006.06a
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    • pp.921-926
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    • 2006
  • The present study has been conducted economic analysis through actual operation of EHP and GHP which are installed at the same building of an university Cost items, such as initial cost, annual energy cost and maintenance cost of each system are considered to analyze LCC and economical efficiency is compared. The initial cost is considered on the basis of actual costs, and annual energy cost is converted into the cost after measuring electricity and gas consumption a day. LCC applied present value method is used to assess economical efficiency of both them. Variables used to LCC analysis are electricity cost escalation rate, natural gas cost escalation rate, interest rate, and service lives and when each of them are 4%, 2%, 8%, and 20 years, results of analysis short that EHP(148,257,306 won) is 8.05%(12,981,990 won) more profitable than GHP(161,239,295 won).

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An Analysis on the Efficiency of Low-Cost Air Lines in Korea (국내 저가항공사 노선 효율성 평가)

  • Choi, Ki-Seoun;Kim, Woo-Jae
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.46 no.5
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    • pp.436-444
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    • 2018
  • The purpose of this research is to assess the efficiency of the airline's route. The revenue source of low cost airline carriers is not various unlike regular airline carriers, because they are operating only domestic and international flights for a country of close proximity. In particular, domestic low-cost airlines in Korea can't provide cargo transport services but rely on passengers and additional services to generate profits. Therefore, it is absolutely important to maintain a low cost and effective passenger transport line. This study will suggest the way to improve efficiency of route operated by low-cost airlines. Analysis method is DEA. The input parameters and output results were selected by existing research. Based on the results of this study, it will be able to assist establishing routes and selling strategies of the low-cost airlines.