• The Journal of Industrial Distribution & Business
• /
• v.8 no.5
• /
• pp.43-52
• /
• 2017

Purpose - The domestic liquor market is steadily increasing, but locally made liquor markets remain stagnant. The market opening due to the FTA and westernized eating habits are expanding the consumption of imported liquor by Koreans and the demand for beer and soju is still high. Therefore, we analyzed the scale efficiency of Korean locally made liquor companies. Research design, data, and methodology - Based on a translog-cost function, a scale efficiency analysis was conducted using the government's information survey on the liquor industry. Data from 541 liquor companies analyzed from 2013 to 2014 were used for analysis. Results - As a result of the scale efficiency analysis, the average sales of the mid-sized locally made liquor companies is 171 million won, but the appropriate sales amount is 1 million won. It is estimated that there is a need to increase sales. Conclusions - The gap between the actual sales and the appropriate sales of mid-sized locally made liquor companies with 3~10 employees is larger, so it is necessary to reduce the average cost by increasing the sales of locally made liquor companies. In order to do so, it is necessary to acquire customer strategies such as product differentiation, advertising and publicity.

• Journal of Korean Society of Forest Science
• /
• v.101 no.4
• /
• pp.729-736
• /
• 2012

Korea Forest Service is recently focused on forest tending works for promoting in green jobs. The purpose of forest tending work is not only maintaining ecologically stable forest stand structure but also developing commercial forest. These trends are also emphasized by creation of various benefits and expanding carbon absorption in forest management. For achieving these purposes, Management efficiency of output was analized by the inputs such as labor cost, material cost and expense cost using DEA technique. The results show that, 19 sub-compartments are appeared to be the optimal in the efficiency of the forest tending works among total 52 sub-compartments. Among those there were 5 sub-compartment 8-0-3, 9-3-3, 6-0-3, 7-0-6, 1-0-5 and 3-0-3 to be considered in the high reference. The high reference areas mean those areas which is well accomplished in forest tending works as the desirable model.

• Journal of Korean Society for Quality Management
• /
• v.39 no.2
• /
• pp.244-255
• /
• 2011

In this study, we try to evaluate the efficiency of the photonics industry using a data envelopment analysis(DEA) model. We first develope four stage procedures for selecting proper input and output variables which consist of selecting the first candidate variables from literature survey, selecting the second candidate variables through experts' discussion, measuring the partial efficiency of the selected variables based on Tofallis' profiling, and clustering some variables through the rank correlation analysis of partial efficiency proposed by Min and Kim(l998). With this procedure, we select 4 input variables(capital, number of employee, R&D cost, operating cost) and 2 output variables(sales, growth of sales) and then utilize CCR and BCC model to measure efficiencies of 26 photonics companies in Gwangju. Moreover, we perform the reference group analysis to figure out what causes inefficiencies and to provide the desirable values for input and output variables at which inefficient photonics companies become efficient. Finally, we classify 26 photonics companies into three groups such as optical communications, optical applications, and optical sources, and perform the Kruskal-Wallis test to check if there exist some differences between efficiencies of three groups.

• Proceedings of the KIPE Conference
• /
• 2007.07a
• /
• pp.226-228
• /
• 2007

SRM drive systems are designed to meet operating standards such as low cost, constant torque independent of rotor position, a desired operating speed range, high efficiency, and high performance. In applications using small motors, low cost and high performance with self-starting capabilities are highly desired. This paper discusses a novel two phase SRM (TPSRM) that has high performance characteristics with self-starting capability, low manufacturing cost with a two phase inverter and simple magnetic structure, and high efficiency. The principle of operation, analysis, and simulation for design are presented. The machine design is verified using finite element analysis (FEA) software. Analysis and simulation results are given to validate the TPSRM design.

• International conference on construction engineering and project management
• /
• 2005.10a
• /
• pp.1187-1192
• /
• 2005

Approximately 25% of military establishments became superannuated to unable perform their function, and it influences on the environment by construction wastes and the waste of national budget, as there is no rational and objective standard even though old facilities have been replaced through modernization project. Therefore, it has been searched to introduce industrial building system that can cope with the new building-construction and transference for the improvement of existing military establishments. However, as there is no economical estimation standard for practical use, industrial building-construction is still remaining at the initial stage, and the study is insufficient too. So. in this study, I would like to develope LCC cost model for rational LCC comparative analysis between industrial construction system (Modular) and existing reinforced concrete structure and cage, and to evaluate economical efficiency through case analysis.

• Journal of Korea Technology Innovation Society
• /
• v.21 no.4
• /
• pp.1345-1365
• /
• 2018

Following principal-agent relationship between government and funding agency effects on efficiency and management of project, this paper suppose that project management cost rate variable on outsourcing and administration of institution, applies multiple regression analysis and logit analysis by using factors that procurement status of institutional operating expenses and each subordinates scale (Budget, subject number) and method (Top-down/Bottom-up), not a total amount, for examining factors following project efficiency analysis and way of commission. The major variables which effect on efficiency of institution are management cost scale (0.36), institutional operating expenses ratio (-0.47), way of outsourcing, the factors that affect way of outsourcing are portion of project management cost (-38.5) and institutional operating expenses rate (-11.7). This means both legal and financial stability are necessary and it is avoidable moral hazard and adverse selection on principal-agent problem.

• Environmental and Resource Economics Review
• /
• v.11 no.2
• /
• pp.233-260
• /
• 2002

This paper tries to analyze the efficiency structure and regulatory effects in electric power industry by using total factor productivity and indices based on cost function method. This paper performed an empirical analysis on the efficiency improvement and optimal scale taking the cost aspect in electricity industry into account. By expanding the cost structure framework, this paper proposes the analytical method regarding the needs of technology regulation and presents the empirical results which can be verified. Hence, this work can play a key role in decision-making of the national power development and regulatory policy. The empirical result indicates that the electricity industry in Korea has been in the state of economies of scale until 1980s, However, due to sustained growth of power generation, economies of scale declined and subsided after 1980s and then diseconomies of scale is shown recent years. The analysis on the effect of technology regulation shows the national large-scale base-load power plant development-oriented policy until so far contributed substantial cost effect to the electricity industry. The empirical result indicates that the reserve requirement as one of means of technology regulation policy did not contribute to the economies of scale but positive effect on the total factor productivity in Korea.

• Journal of Navigation and Port Research
• /
• v.44 no.2
• /
• pp.119-127
• /
• 2020

In this study, the current state of management efficiency of ocean carriers in Korea and the factors affecting them were analyzed. The purpose of this research is to enhance global competitiveness of ocean carriers by presenting suggestions that can improve management efficiency based on the analysis results. The measurement of management efficiency was made using the DEA model. The results of testing the adequacy of the input and output variables used are as follows. Appropriate inputs are total assets, cost of goods sold, charter expenses, sales and general management expenses, and interest expenses. Appropriate variables are sales, operating income, and operating cash flow. According to the analysis results of the DEA model by these variables, inefficient carriers (78%) are nearly four times more than efficient carriers(22%). However, container carriers have the most improved management efficiency compared to 2016 and 2017. According to the panel regression analysis, the charter rate has the greatest negative impact on efficiency (CRS), and the debt rate has a significant negative impact. Thus, it appears that reducing the charter size and the debt-to-sale rate facilitate improvement of the management efficiency of ocean carriers. Additionally, the pre-sales tax return rate, value added rate, total asset turnover rate, and the scale variable and interest coverage rate have a positive (+) effect. Thus ocean carriers should restore their global competitiveness by improving management efficiency by securing stable cargoes increasing sales profitability from the cost management perspective, increasing productivity, and enhancing the efficiency of their total assets through efficient fleet management.

• Journal of Preventive Medicine and Public Health
• /
• v.49 no.4
• /
• pp.183-196
• /
• 2016

Objectives: There is no systematic review on economic evaluations of telemedicine in Japan, despite over 1000 trials implemented. Our systematic review aims to examine whether Japan's telemedicine is cost-saving or cost-effective, examine the methodological rigorousness of the economic evaluations, and discuss future studies needed to improve telemedicine's financial sustainability. Methods: We searched five databases, including two Japanese databases, to find peer-reviewed articles published between January 1, 2000 and December 31, 2014 in English and Japanese that performed economic evaluations of Japan's telemedicine programs. The methodological rigorousness of the economic analyses was assessed with a well-established checklist. We calculated the benefit-to-cost ratio (BCR) when a reviewed study reported related data but did not report the BCR. All cost values were adjusted to 2014 US dollars. Results: Among the 17 articles identified, six studies reported on settings connecting physicians for specialist consultations, and eleven studies on settings connecting healthcare providers and patients at home. There are three cost-benefit analyses and three cost-minimization analyses. The remaining studies measured the benefit of telemedicine only, using medical expenditure saved or users' willingness-to-pay. There was substantial diversity in the methodological rigorousness. Studies on teledermatology and teleradiology indicated a favorable level of economic efficiency. Studies on telehomecare gave mixed results. One cost-benefit analysis on telehomecare indicated a low economic efficiency, partly due to public subsidy rules, e.g., a too short budget period. Conclusions: Overall, telemedicine programs in Japan were indicated to have a favorable level of economic efficiency. However, the scarcity of the economic literature indicates the need for further rigorous economic evaluation studies.

• Journal of KIBIM
• /
• v.10 no.2
• /
• pp.12-20
• /
• 2020

Recently, interest in BIM technology has been growing in the domestic construction market as the number of construction projects requiring the application of BIM technology has increased. The use of BIM allows the use of various visualization functions through 3D models as well as drawing interference review, quantity calculation and integrated management of information. In particular, estimates of construction costs based on BIM can increase work efficiency by reducing the burden of calculating construction costs and managing them. In order to increase the efficiency of BIM-based cost estimates, it is necessary to improve the correlation between the BoQ(Bill of Quantity) information and the BIM model. For this purpose, the ratio of the amount and item to the detailed construction of the current BoQ was analyzed, especially the problem of the calculation of construction cost in the window work in this study. In addition, we would like to suggest a method for systematically linking the BoQ information with the BIM model by improving the BoQ information structure of the window work. It is expected that this will increase the efficiency of the quantity calculation and analysis work of construction cost of window work. In addition, it is expected that this method will help to analyze and predict changes in construction cost of windows and doors by facility characteristics and type.