• Title/Summary/Keyword: Cost efficiency

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Evaluating Performance of Telecommunication Branch : Application of DEA with Non-Discretionary Factor (통신지사의 성과평가 : 비재량 요인을 포함한 DEA 적용)

  • Kwon, Sun-Man;Han, Chang Hee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.4
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    • pp.21-28
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    • 2017
  • Improving efficiency of the telecommunication is crucial to the development and growth of Korean economy. Recently, it has become important with the huge development of information technology and its greater potential for extensive impact on the rest of the economy. Hence, it is useful to determine the factors that help enhance efficiency in telecommunication and consider them in improving the evaluation model. This study applies DEA (data envelopment analysis) to evaluate the relative efficiency of 51 branches of a Korean telecommunication company. Using the super-efficiency approach, we tested outliers which may affect the results and ranked the efficient branches. A method of deriving key variables applied to business operation is proposed to identify the key performance indicators for evaluation that takes environmental (non-discretionary) factors into account. We used the extended CCR model proposed by Banker and Morey to investigate the influence of non-discretionary factor. The information provided by the model (slacks, weights) and the sensitivity analysis shows that the most important indicator that affects the branch performance is operating cost. The results of sensitivity analysis show that average efficient score decreases from 0.972 (base case) to 0.863 for CASE2-COST. The average score of the data proves the priority of operating cost over other indicators. The effect of environmental (non-discretionary) variable was found to be significant. The population effect was positive and improved overall efficiency by 0.91% on average. Non-discretionary factor plays a meaningful role explaining the performance of branches. The performance optimization report can help a manager of an inefficient branch to develop branch strategies. Managers can identify the top-performing units, study best practices and adopt the strategy to the organization.

The Influence of Menu Factors on DEA Menu Efficiency in Contract-Foodservice Operations (위탁 급식 점포의 메뉴 운영 요인이 메뉴 효율성에 미치는 영향)

  • Park, Ju-Yeon;Choi, Kyu-Wan;Kim, Tae-Hee
    • Journal of the East Asian Society of Dietary Life
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    • v.18 no.2
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    • pp.242-252
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    • 2008
  • The objective of this study was to suggest a new efficiency measurement indicator for evaluating the menu management efficiency of decision making units(DMUs) in contract-foodservice operations and to determine the relationship between the DEA(data envelopment analysis) menu efficiency score and menu factors. The results of applying DEA revealed relatively efficient types of service and frequency of meals. The efficient service was shown as a self-service type that operates Monday to Saturday. The considered menu factors included meal price, food cost per meal, meal counts, number of menu items, use of favorite menu use, forecasting error, accuracy of ordering, ratio of inventory, ratio of food loss, use of processed foods and use of prepared vegetables are considered. There were significant correlations between the DEA score and meal price, meal counts, number of menu items, ratio of food loss, accuracy of ordering and use of processed foods respectively. According to the regression results, menu price had a positive influence on the DEA menu efficiency score, and food cost per meal and the use of prepared foods had negative influences respectively.

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A Study on the Measurement of the Efficiency of Auto Parts Firms Using DEA Cross Analysis Model (DEA 교차분석 모형을 이용한 자동차 부품기업의 효율성 측정에 관한 연구)

  • Sin, Jeong-Hun;Hwang, Seung-June
    • Journal of the Korean Operations Research and Management Science Society
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    • v.42 no.2
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    • pp.49-61
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    • 2017
  • The study on the efficiency analysis of Korean automobile parts companies is mostly based on the calculation of the size of output such as sales. However, the performance indicators such as sales, operating profit, and net profit are directly related to the cost structure, and this cost structure is affected by changes in the company's asset structure and capital structure. As a result, it is necessary that efficient capital procurement should be done at the same time to create efficient management performance through proper investment. In this study, we aim to measure the efficiency of asset and capital procurement compared to the sales figures, such as sales, generated by 33 primary suppliers who supply parts to Hyundai Kia Motors. For this purpose, this study proposed a DEA cross analysis model that can simultaneously measure efficiency in terms of input assets and capital procurement based on the same management performance when analyzing the efficiency of domestic auto parts companies.

Performance Evaluation of Nurses in a General Ward Using Data Envelopment Analysis (DEA) (자료포락분석을 활용한 일 병동 간호사의 성과평가 방안)

  • Park, Yeon Hong;Lim, Ji Young
    • Journal of Home Health Care Nursing
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    • v.25 no.1
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    • pp.67-77
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    • 2018
  • Purpose: The purpose of this study was to compare the efficiency of general ward nurses in hospitals using Data Envelopment Analysis (DEA). Methods: Participants were 30 nurses working at a general ward. Input variables were labor cost and time of direct nursing. Output variables were prevention rate of medication error and bedsores, and patient satisfaction. These variables were extracted using literature review and CVI of an expert group. Data were collected from September 18 to October 7, 2017. Data were analyzed using EMS 3.1 program for DEA and descriptive statistics. Results: The average efficiency score of 30 nurses was 0.986, which was very high over all. In the super-efficiency analysis of 11 nurses, their efficiency ranged from 1.0 to 1.047. In addition, when the current output was fixed, the labor cost of nurses did not affect efficiency. Conclusion: This study attempted a new approach concerning performance evaluation of nurses using DEA. This method was useful during appraisal of nurses. We suggest that various input and output variables that were not considered in this study should be added to develop a integrative performance analysis model for nurses.

Studies on the Effluent Characteristics of Dyeing Wastewater by Textile Classification (섬유 형태에 따른 염색폐수 배출특성 연구)

  • Lee, Soo-Hyung;Park, Jung-Min;Park, Sang-Jung;Jeong, Je-Ho
    • Journal of Korean Society on Water Environment
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    • v.23 no.6
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    • pp.881-888
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    • 2007
  • In order to investigate the characteristics of the non-biodegradable material, the $BOD_5/COD_{Cr}$ ratio was used. The average ratio of industrial complex's influent wastewater was 2.29~2.96, the effluent ratio was 4.29~19.0. The removal efficiency of $UV_{254}$ by physicochemical treatment was 22.8~94.7% and 5.3~77.2% by biological treatment, respectively. Of the wastewater removal efficiency for each of the items, the $BOD_5$ treatment efficiency was the greatest at 97.3% and the color & TN treatment efficiency was 40~70%. The study of the economical assessment showed that the complex as well as the individual companies spent 722~1,298 won for each ton of treated wastewater. All of the wastewater treatment facilities spent the most money on chemicals needed to treat the wastewater. The total cost for Nylon manufacturing wastewater treatment plant was the greatest while the total cost for cotton manufacturing wastewater treatment plant turned out to the lowest. As respects of removal efficiency and economocal assessment, Polyester A and Cotton manufacturing wastewater treatment plants were better effective than a dyeing industrial complex wastewater treatment plant.

Core Loss Effects on Electrical Steel Sheet of Wound Rotor Synchronous Motor for Integrated Starter Generator

  • Lee, Choong-Sung;Kim, Ji-Hyun;Hong, Jung-Pyo
    • Journal of Magnetics
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    • v.20 no.2
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    • pp.148-154
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    • 2015
  • 48-V ISG (Integrated Starter Generator) system has attracted attention to improve the fuel efficiency of ICE (Internal Combustion Engine) vehicle. One of the key components that significantly affects the cost and performance of the 48-V ISG system is the motor. In an ISG motor, the core and copper loss make the motor efficiency change because the motor has a broad driving operated range and more diverse driving modes compared with other motors. When designing an ISG motor, the selection of an electrical steel sheet is important, because the electrical steel sheet directly influences the efficiency of the motor. In this paper, the efficiency of the ISG motor, considering core loss and copper loss, is analyzed by testing different types of electrical steel sheets with respect to the driving speed range and mode. Using the results of a finite element method (FEM) analysis, a method to select the electrical steel sheet is proposed. This method considers the cost of the steel sheet and the efficiency according to driving mode frequency during the design process of the motor. A wound rotor synchronous machine (WRSM) was applied to the ISG motor in this study.

A Study on Evaluating the Efficiency of the Photonics Industry in Gwangju Using a DEA Model (DEA 모형을 활용한 광주 광산업체 효율성 평가에 관한 연구)

  • Cho, Geon;Jung, Kyung-Ho
    • Journal of Korean Society for Quality Management
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    • v.39 no.2
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    • pp.244-255
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    • 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.

Effects of Asset Diversification and Human Capital Efficiency on Bank Performance: Evidence from Asian Countries

  • BAWONO, Suryaning;SANUSI, Anwar;SUPRIADI, Bambang;TRIATMANTO, Boge;WIDARNI, Eny Lestari
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.1
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    • pp.123-132
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    • 2023
  • This study seeks to determine if the efficiency of bank human resources, as played by human capital, impacts the performance and diversification of banks. This study uses secondary data from data obtained from 385 commercial banks in 33 countries in Asia during the 2010-2020 period with the diversification analysis method. We use the Z-score to measure the amount of standard deviation that must be from earnings (ROAA). We examined it using the Tobit regression technique. According to the regression estimation results, human capital has a significant role in the performance and effective diversification of Asian banks. The human capital efficiency coefficient (HCE) is significantly negative with the cost-to-income ratio (CTIR) and significantly positive with Profitability, Financial Stability, and cost efficiency score. The level of efficiency of human resources has an effective role in increasing human capital which has an impact on bank diversification and performance. The development of human resources in a human capital framework plays an important role in the diversification and improvement of bank performance. Human capital has a significant role in the performance and effective diversification of Asian banks. The level of efficiency of human resources has an effective role in increasing human capital which has an impact on bank diversification and performance.

A Study on the Selection Method of Foundation Type in the Underground Parking Lot of Apartments (공동주택 지하 주차장 기초형식 선정방법에 관한 연구)

  • Im, Nam-Gi;Lee, Yeong-Do;Bae, Yong-Hwan
    • Journal of the Korea Institute of Building Construction
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    • v.4 no.3
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    • pp.109-116
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    • 2004
  • Normally easy task of plat in urban architecture is that using underground full of activities for increase building site efficiency. Especially for using underground space for the parking lot. Also utilize underground is more increase for fulfill requirement in modern society considered with environmental friendly architecture. The primary objective of this study is to apply analyzed formal foundation type for selecting the optimum type of parking lots considered with structural stability, economical efficiency, construction efficiency, construction duration. This study aim to on criteria decided through the questionaries for the selection considered with in the scale of second stories parking lots underground, parking volume is 80 and reinforced concrete structure. The bearing capacity is 6~8m and downward from surface, healthy ground bearing capacity is 40 t/m2. This study comparative analysis and discuss economical efficiency, construction efficiency, construction duration based constructivist stability which applied Single foundation, Mat foundation, Drop Mat foundation. The result of this study is as follows: First, the result of economical efficiency is that on the basis of single foundation, Drop Mat foundation is 1.88, Mat foundation 2.04 as a comparative analysis on the basis of total construction cost included material cost, labor coast and machinery cost. Second, the result of construction efficiency order is single foundation, Drop Mat foundation, Mat foundation as a comparative analysis on the based connected characteristics. Third, the result of construction duration is that on the basis of Mat Foundation, Drop Mat foundation is 1.33, single foundation is 1.87 as a comparative analysis Critical Path. Forth, Each foundational type characteristics order through the matrix method is that overall each formal type of foundation contraries at economical efficiency and construction efficiency, construction duration. Also expect contradiction between engineers and owners due to engineer pursuit construction duration and ewer to begin with economical efficiency. Fifth, The selection of suitable foundation formal type needs that based consider project characteristic and field condition as according to above result of a comparative analysis. As a result, a comparative analysis economical efficiency, construction efficiency, construction duration of Mat foundation, Drop Mat foundation, single foundation with 3Bay reinforced structure underground parking lots on the healthy ground.

Development of a Low-cost and High-efficiency Post-harvest Bulk Handling Machinery System of Onion - Performance Evaluation and Control

  • Park, Jongmin;Kim, Jongsoon;Jung, Hyunmo
    • KOREAN JOURNAL OF PACKAGING SCIENCE & TECHNOLOGY
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    • v.26 no.2
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    • pp.61-69
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    • 2020
  • As post-harvest processes of onions are carried by a 20 kg-net package which results in high-cost and low-efficiency, especially, the insufficient drying and physical damage of onions after harvesting leads to a huge second loss in storage, we had developed a low-cost, high-efficiency post-harvest bulk handling machinery system by collecting onions on a farm using ton-bags, drying with forced air circulation, and sorting/packaging. The post-harvest bulk handling machinery system consisted of 6 devices, and this study designed an automatic feed hopper with a feeding rate control device, an inclined belt conveyor with a two-step chute, and an automatic pallet unloading device for feeding onions into the sorting/packing line. This study also analyzed the performance and control of the total system. The device had 1-ton handling capacity, but the operational condition was set to increase the capacity. The three-step filling method of pallet by the velocity control of the inclined belt conveyor was applied in the post-harvest bulk handling machinery system for the prevention of physical damage. If one worker was set to operate the total system, the time required to complete one palletized load was approximately 5 minutes and 5 seconds. The calculated daily handling capacity was approximately 94 tons, when the daily actual working time was 8 hours. When the developed system was applied to the managerial size of 2,000 ton, the processing cost per ton of the system was decreased by 19.5%, compared with the existing 20 kg-net package-based handling. The developed post-harvest bulk handling machinery system would be a good substitute for the rapid decline and aging of rural labor.