• Title/Summary/Keyword: Efficient scale

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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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An investigation on the effect of the wall treatments in RANS simulations of model and full-scale marine propeller flows

  • Choi, Jung-Kyu;Kim, Hyoung-Tae
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.12 no.1
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    • pp.967-987
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    • 2020
  • A numerical analysis is carried out for the marine propellers in open water conditions to investigate the effect of the wall treatments in model and full scale. The standard wall function to apply the low of the wall and the two layer zonal model to calculate the whole boundary layer for a transition phenomenon are used with one turbulence model. To determine an appropriate distance of the first grid point from the wall when using the wall function, a formula based on Reynolds number is suggested, which can estimate the maximum y+ satisfying the logarithmic law. In the model scale, it is confirmed that a transition calculation is required for a model scale propeller with low Reynolds number that the transient region appears widely. While in the full scale, the wall function calculation is recommended for efficient calculations due to the turbulence dominant flow for large Reynolds number.

Data Envelopment Analysis of the Management Efficiency of National Shipping Enterprises in South Korea -Chiefly on the Corporate Entertainment and Advertisement Cost- (DEA모형을 이용한 국적선사의 경영효율성 분석 -접대비와 광고·선전비를 중심으로-)

  • Park, Hyun-Jun;Kim, Hyuna;Lim, Young-Tae
    • Journal of Korea Port Economic Association
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    • v.32 no.2
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    • pp.123-135
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    • 2016
  • This study uses Data Envelopment Analysis(DEA) to investigate the management efficiency of Korean shipping companies based on business administration costs such as corporate entertainment, advertisement, and labor costs. We analyze shipping enterprises listed on the Korean stock market of the period of 2010-2014. Corporate entertainment, advertisement and labor costs are used as input variables and sales and net income are used as output variables. We use technical efficiency, pure technical efficiency, scale efficiency and returns to scale to propose a plan to improve the efficiency of inefficiency decision-making units (DMUs). The results of the efficiency analysis show that six of the DMUs in the technical efficiency of CCR model and eight of the DMUs in the pure technical efficiency of BCC model are in efficient state. In terms of return to scale, six of the DMUs(24% of all DMUs) show increasing returns to scale, while 13 DMUs(52% of all DMUs) showdecreasing returns to scale. Because multiple efficient state for DMUs exist in the technical efficiency analysis, we conduct a super efficiency analysis. The results show that the efficient state of the twomost efficient DMUs are 1.314 and 1.243, respectively. This implies that these DMUs could maintain their current levels of the efficiency if they increase the amount spent on advertisements, corporate entertainment and labor costs by 31.4% and 24.3%. respectively. We conclude this study by providing the efficiency states of each DMU and target for improving the inefficiencies in each case.

A Study on Feature Classification System of Small Scale Digital Map (소축척 수치지도 지형지물 분류체계에 관한 연구)

  • 조우석;박수영;정한용
    • Proceedings of the Korean Society of Surveying, Geodesy, Photogrammetry, and Cartography Conference
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    • 2003.04a
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    • pp.357-364
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    • 2003
  • National Geography Institute(NGI, National mapping agency) has been producing national basemap in automated process since middle of 1980's toward the systematic and efficient management of national land. In 1995, Korean government initiated a full-scale implementation of the National Geographic Information System(NGIS) Development Plan. Under the NGIS Development Plan, NGI began to produce digital maps in the scales of 1:1,000, 1:5,000, 1:25,000. However, digital maps of 1:250,000 or less scale, which are currently used for national land planning, were not included in NGIS Development Plan. Also, the existing laws and specifications related to digital maps of 1:250,000 or less scale are not clearly defined. Therefore this study proposed a feature classification system, which defines features that should be represented in digital map of 1:250,000 or less scale.

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A Study on Information Strategy Development Using Configuration Management in Large-scale Construction Project (형상관리기법을 활용한 대형 프로젝트 정보화 전략개발)

  • Won, Seo Kyung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.66-67
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    • 2018
  • Large-scale construction projects require various license and technologies for the manufacturing and handling processes. Also, the whole life cycle business process management determines the success of the project. Then, the efficiency of the business conducted by stakeholders and their possessed technology should be enhanced in order to strengthen their competitive power. For this reason, many experts pointed out to focus on the improvement of the life cycle process and efficient management. Since it is very important to keep up-to-date data and utilize it for work during the long-term project to reflect changes in the large-scale project, the most important part of the project management in project is information change management. Therefore, the objective of this study is applying configuration management(CM) technique in order to managing change data generated for planning in early phase. The result of this research will certainly assist the large-scale project managers in the development of information change management system.

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Analysis of Turbulence Scales and Energy Spectrum for Engine Flows (엔진 난류의 크기척도 및 에너지 스펙트럼 해석)

  • Kang, Kern-Yong;Lee, Jin-Wook;Park, Seung-Chul
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.22 no.9
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    • pp.1307-1316
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    • 1998
  • Engine turbulences obtained by LDV measurement near the compression TDC was analyzed by the classic turbulence theory. Turbulences were quantified by a cycle resolved analysis and processed to reveal integral time scale and length scale. Three different definitions were applied to obtain the turbulence time scales and then compared each others. The classic turbulence theory with the several assumptions for engine application proven to be very efficient for understanding engine turbulence in this study. It was found that the integral length scale is strongly affected and increased by tumble flow.

Efficient Lambda Logic Based Optimisation Procedure to Solve the Large Scale Generator Constrained Economic Dispatch Problem

  • Adhinarayanan, T.;Sydulu, M.
    • Journal of Electrical Engineering and Technology
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    • v.4 no.3
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    • pp.301-309
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    • 2009
  • A simple and efficient Lambda logic (${\lambda}-logic$) based algorithm is proposed for the solution of the generator constrained economic dispatch problem when the generating units having prohibited zones. The proposed method solves the economic dispatch (ED) problem that takes into account ramprate limits, transmission losses and prohibited operating zones in the power system operation. The proposed method uses a simple heuristic rule based on average power of prohibited operating zones which produces the feasibility of solution for the restricted operating units. The effectiveness of the algorithm is tested on five different test systems and the performance compared with other relevant methods reported in the literature. In all the cases, the proposed algorithm performs better than the previous existing algorithms with a less computational burden.

Biological smart sensing strategies in weakly electric fish

  • Nelson, Mark E.
    • Smart Structures and Systems
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    • v.8 no.1
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    • pp.107-117
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    • 2011
  • Biological sensory systems continuously monitor and analyze changes in real-world environments that are relevant to an animal's specific behavioral needs and goals. Understanding the sensory mechanisms and information processing principles that biological systems utilize for efficient sensory data acquisition may provide useful guidance for the design of smart-sensing systems in engineering applications. Weakly electric fish, which use self-generated electrical energy to actively sense their environment, provide an excellent model system for studying biological principles of sensory data acquisition. The electrosensory system enables these fish to hunt and navigate at night without the use of visual cues. To achieve reliable, real-time task performance, the electrosensory system implements a number of smart sensing strategies, including efficient stimulus encoding, multi-scale virtual sensor arrays, task-dependent filtering and online subtraction of sensory expectation.

Development of an Efficient Synthetic Method for a Novel Anticancer Substance Isolated from Insect-flower (동충하초에서 분리된 신규 항암물질의 효율적 합성법 개발)

  • Che, Hai-Yan;Truong, Ngoc Tuyen;Yoon, Deok-Hyo;Kim, Tae-Woong;Sung, Gi-Ho;Park, Hae-Il
    • YAKHAK HOEJI
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    • v.56 no.2
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    • pp.71-73
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    • 2012
  • Cordyceps militaris, a caterpillar-grown traditional medicinal mushroom, produces important bioactive compounds, cordycepin (3'-deoxyadenosine) and militarin. Militarin is reported to possess anticancer activities against several tumor cells. An efficient synthetic method of militarin was developed to prepare muti-gram scale sample for bioassay. Militarin was successfully synthesized from commercial starting materials in 5 steps and 29.3% overall yields.

A FRAMEWORK FOR QUERY PROCESSING OVER HETEROGENEOUS LARGE SCALE SENSOR NETWORKS

  • Lee, Chung-Ho;Kim, Min-Soo;Lee, Yong-Joon
    • Proceedings of the KSRS Conference
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    • 2007.10a
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    • pp.101-104
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    • 2007
  • Efficient Query processing and optimization are critical for reducing network traffic and decreasing latency of query when accessing and manipulating sensor data of large-scale sensor networks. Currently it has been studied in sensor database projects. These works have mainly focused on in-network query processing for sensor networks and assumes homogeneous sensor networks, where each sensor network has same hardware and software configuration. In this paper, we present a framework for efficient query processing over heterogeneous sensor networks. Our proposed framework introduces query processing paradigm considering two heterogeneous characteristics of sensor networks: (1) data dissemination approach such as push, pull, and hybrid; (2) query processing capability of sensor networks if they may support in-network aggregation, spatial, periodic and conditional operators. Additionally, we propose multi-query optimization strategies supporting cross-translation between data acquisition query and data stream query to minimize total cost of multiple queries. It has been implemented in WSN middleware, COSMOS, developed by ETRI.

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