• Title/Summary/Keyword: DEA method

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Management Efficiency Analysis of Innovative Pharmaceutical Companies' Technological Innovation Activities (혁신형제약기업의 기술혁신활동에 대한 경영효율성 분석)

  • Lim, Hye Ryon;Min, Hyun-Ku
    • The Journal of the Korea Contents Association
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    • v.21 no.11
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    • pp.361-374
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    • 2021
  • The purpose of this study is to analyze the efficiency and productivity of technological innovation activities of companies certified as innovative pharmaceutical companies by the government to diagnose their competitiveness and derive measures to strengthen them. This study collected pharmaceutical input (R&D expenditures and number of employees) and output (sale, operating profit and patent) data between 2017 and 2019 for 38 innovative pharmaceutical companies. This study analyzed them using the data envelopment analysis (DEA) method, Tobit model and the Malmquist Productivity Index (MPI). First, the DEA result of the innovative pharmaceutical companies show that between the value of the CCR model of the scale efficiency and the value of the BCC model to diagnose the internal operation efficiency is differences. Second, efficiency does not differ between corporate characteristics. Third, Tobit model shows that number of patents held have positive effects on efficiency. Forth, overall MPI is 0.89. This can be interpreted as the rate of TECI decreased 3%p and TCI has increased 4%p. The results of this study can be used as decision-making data for response strategies to improve efficiency by identifying the cause of inefficiency and presenting target values.

A study on the Efficiency of Community Service Investment Projects Data Envelopment Analysis, DEA-Centered on 8 districts in Daegu (지역사회서비스투자사업 효율성에 관한 연구 자료포락분석(Data Envelopment Analysis, DEA) 대구시 8개구·군을 중심으로)

  • Lee, Won-Seon;Hong, Sang-Uk
    • Industry Promotion Research
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    • v.7 no.2
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    • pp.1-13
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    • 2022
  • This study of purpose is to examine the efficiency through the current status and performance of each institution providing the Daegu community service investment project, and to find a direction for the efficient operation of each institution. In order to promote efficient and effective project promotion by checking the management status that meets the purpose of the local community service investment project, to provide systematic services necessary to consumers, improve quality, and improve the environment, the accurate situation and situation through the efficiency analysis of the service provider organization It is necessary to identify problems, develop programs suitable for regional characteristics, and actively manage services. Specifically, it seeks to provide a more stable and sustainable local community service by measuring efficiency based on information from each institution and comparing and analyzing it among local governments. For this purpose, it is meaningful in analyzing the efficiency of each institution by using the DEA (data envelope analysis) method and presenting the goals and policy implications for efficient operation by comparing them by local government.

Analysis of Operational Efficiency of Military Department of University Using Data Envelopment Analysis Method (자료포락분석법을 활용한 일반대학 군사학과의 운영 효율성 분석)

  • Young-Min Bae;Sweng-Kyu Lee
    • Convergence Security Journal
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    • v.23 no.2
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    • pp.95-102
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    • 2023
  • The purpose of this paper was to confirm the operational level of the military department of universities, which plays a key role in the officer training process, through empirical research and confirm meaningful results for improvement. There are 11 university military departments operated through the Army, agreements, and semi-agreement, and the Data Envelopment Analysis (DEA) was applied from the perspective of resource input and performance for each university's military department operation to analyze relative efficiency and confirm specific directions for improvement. As a result of operational efficiency analysis, 6 DMUs (Decsision Making Unit) were found to be efficient in the BCC model out of 11 DMUs, and the evaluation results could be confirmed through classification of efficient and inefficient groups through data capture analysis. This paper may be of practical value in that it checks the efficiency of the comparative university military departments and confirms specific information for development through the DEA-Additive model that reflects several evaluation factors at once. Through this, the operators of each university's military department are admitted.

A study on the optimization technique for the plan of slope reinforcement arrangement of soil-nailing in tunnel portal area (터널 갱구사면 쏘일네일링 보강배치계획을 위한 최적화기법 연구)

  • Kim, Byung-Chan;Moon, Hyun-Koo
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.18 no.6
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    • pp.569-579
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    • 2016
  • In order to ensure the stability of tunnel portal slope, reinforcement method such as anchors, soil nails and rock bolts have been used in Korea. When selecting slope reinforcement methods in tunnel portal area such as reinforcement arrangement and length, trial and error method can be very time-consuming and it was also not easy to verify the selection of an optimum condition. In this study, using the FISH language embedded in the finite difference code FLAC3D program, the optimization technique was developed with the Differential Evolution Algorithm (DEA). After building a database on the soil nailing method in tunnel portal area, this system can be selected to an optimum arrangement plan based on the factor of safety through the FLAC3D analysis. Through the results of numerical analysis, it was confirmed that the number of analysis was decreased by about 8 times when DEA based optimization technique was used compared to the full combination (FC). In case of the design of slope reinforcement in tunnel portal area, if this built-system is used, it is expected that the selection of an optimum arrangement plan can be relatively easier.

A Study on the Development of Optimization Model for Enterprise Value Analysis (기업가치 분석을 위한 최적 모형 개발에 관한 연구)

  • Gu, Seung-Hwan;Shin, Tack-Hyun;Ibrokhimov, Bakhrom
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.10
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    • pp.7109-7117
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    • 2015
  • Investors analyze corporate value using the methodology trying to simultaneously satisfy the profitability and stability. In this study, comparing/combining the methodology of corporate value analysis to present a method of analyzing the optimal corporate value. The results of this study can be classified into two. First, it is a model derivation for corporate value analysis. EVA, AEM, and DDM models, to analyze the results, it was look in terms of profitability and stability. EVA and AEM model was stable than the market, profitability appear high, it was suitable to assess the value of the company. However, DDM, which is more stable than the market, profitability is low, it was not suitable. Secondly, by metering the existing methodology presented a new analysis method. A result of a combination of methodology was analyzed by deformation model, "AEM + DEA" and "DDM + DEA", "AEM + EVA", it was found that it is better than the market and the traditional model. AEM and DDM modified model was also found to be better than the market and the existing methodologies. This was reflected in a situation where a change in market environment based on, for being able to present an appropriate analytical method, it can find the suggestions of the study.

A Brief Empirical Verification Using Multiple Regression Analysis on the Measurement Results of Seaport Efficiency of AHP/DEA-AR (다중회귀분석을 이용한 AHP/DEA-AR 항만효율성 측정결과의 실증적 검증소고)

  • Park, Ro-kyung
    • Journal of Korea Port Economic Association
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    • v.32 no.4
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    • pp.73-87
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    • 2016
  • The purpose of this study is to investigate the empirical results of Analytic Hierarchy Process/Data Envelopment Analysis-Assurance Region(AHP/DEA-AR) by using multiple regression analysis during the period of 2009-2012 with 5 inputs (number of gantry cranes, number of berth, berth length, terminal yard, and mean depth) and 2 outputs (container TEU, and number of direct calling shipping companies). Assurance Region(AR) is the most important tool to measure the efficiency of seaports, because individual seaports are characterized in terms of inputs and outputs. Traditional AHP and multiple regression analysis techniques have been used for measuring the AR. However, few previous studies exist in the field of seaport efficiency measurement. The main empirical results of this study are as follows. First, the efficiency ranking comparison between the two models (AHP/DEA-AR and multiple regression) using the Wilcoxon signed-rank test and Mann-Whitney signed-rank sum test were matched with the average level of 84.5 % and 96.3% respectively. When data for four years are used, the ratios of the significant probability are decreased to 61.4% and 92.5%. The policy implication of this study is that the policy planners of Korean port should introduce AHP/DEA-AR and multiple regression analysis when they measure the seaport efficiency and consider the port investment for enhancing the efficiency of inputs and outputs. The next study will deal with the subjects introducing the Fuzzy method, non-radial DEA, and the mixed analysis between AHP/DEA-AR and multiple regression analysis.

Efficiency Analysis of the Securities Firms using a Combined BSC and DEA Model (BSC와 DEA 결합모델을 이용한 증권사 효율성 분석)

  • Kim, Youngjin;Jung, Goosang;Hwang, Jae-Joon;Lee, Hyun-Soo;Kim, Sun Ah;Kim, Tae-Sung
    • Journal of Digital Convergence
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    • v.11 no.5
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    • pp.159-168
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    • 2013
  • This study analyze the business efficiency of securities company based on the 2011 performance of 29 securities firms which engage in domestic investment brokerage by applying a combination model of BSC and DEA. And we evaluate business state focused on efficiency which is based on logical system of BSC as business innovation method. The analysis of result is that companies with high customer efficiency index appeared that business efficiency composite index tended to be higher and we identified that customer perspective have an important factor to calculate business efficiency composite index of korea security company. In addition, based on the results of the efficiency analysis we analyze correlation analysis between traditional financial ratio and business efficiency composite index. We confirmed that company of high business efficiency level in terms of BSC have a good record in terms of profitability. BSC-DEA combination model expect to be utilized in security industry sector as well as other industrial sectors as good business indicator to determine the business efficiency and to be used a model can be evaluated the integrated firm valuation of tangible and intangible assets.

Efficiency and Returns to Scale in the Bangladesh Banking Sector: Empirical Evidence from the Slack-Based DEA Method

  • Sufian, Fadzlan;Kamarudin, Fakarudin
    • Asia-Pacific Journal of Business
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    • v.5 no.1
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    • pp.1-11
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    • 2014
  • The study provides new empirical evidence on the level of profit efficiency and returns to scale of the Bangladesh banking sector. We employ the Slack-Based Data Envelopment Analysis (SBM-DEA) method to assess the level of profit efficiency of individual banks over the years 2004 to 2011. The empirical findings indicate that the Bangladesh banking sector has exhibited the highest and lowest level of profit efficiency during years 2004 and 2011 respectively. We find that only eight banks have been profit efficient throughout the period under study. The empirical findings seem to suggest that most of the Bangladesh banks have been experiencing economies of scale due to being at less than the optimum size, or diseconomies of scale due to being at more than the optimum size. Thus, decreasing or increasing the scale of production could result in cost savings or efficiencies.

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A Study on a Solution Approach to Fuzzy Linear Programs and Its Application to Fuzzy DEA Models (퍼지 선형계획법 해법 및 퍼지 DEA에의 적용에 관한 연구)

  • Lim, Sung-Mook
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.31 no.2
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    • pp.51-60
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    • 2008
  • A solution method for fuzzy linear programs is proposed. A fuzzy linear program is converted to a crisp linear program with average indices being applied to the objective function and constraints. A comparative analysis between the proposed average index approach and the possibilistic approach is given. As an application example, the proposed method is applied to the linear programming model for fuzzy data envelopment analysis, and the result is compared with that of the possibilistic approach.

Efficiency Analysis of Port Companies in China Using DEA and the Malmquist Method

  • He, Wenjun;Ma, Hye-Min;Yeo, Gi-Tae
    • Journal of Navigation and Port Research
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    • v.41 no.5
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    • pp.319-328
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    • 2017
  • The efficiency of port operations is an important indicator of port development. Moreover, there is excess handling capacity in Chinese ports, which results in a slower speed of development. Under the detrimental environment of the international shipping market, it is necessary to improve the operation efficiency of ports for long-term development. This paper provides an assessment of the competitiveness of Chinese seaport companies using the Boston Consulting Group's matrix, and efficiency measurements using a data envelopment analysis and the Malmquist method. This analysis showed that highly efficient companies reformed their development strategies, which should be a solution considered by less efficient companies, such as Shenzhen Yan Tian Port Holdings Co., Ltd.. Although, having high throughput should be reformed in the investment structure. This research will assist port companies in gaining effective operating experience, and governments in establishing strategic planning to enhance the efficiency of port development.