• Title/Summary/Keyword: Envelopment

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Policy Direction for Subsidizing Hospitals based on Technical Efficiency (병원도산분석에 기초한 효율적인 병원지원방안에 관한 연구)

  • Jung, Ki-Taig;Lee, Hoon-Young
    • Korea Journal of Hospital Management
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    • v.4 no.2
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    • pp.219-241
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    • 1999
  • This study used the Data Envelopment Analysis, a mathematical linear programming method, to evaluate cost efficiency of hospitals in Korea. DEA method was applied to 244 hospitals: 31 bankrupt hospitals and 213 survived hospitals. Among the 213 sound hospitals, 11 hospitals showed efficiency score 100, but more than 40 hospitals recorded efficiency scores lower than 60. This result implies that more hospitals can be bankrupt in the restructuring process of the industry within 1-2 years. Among the 31 bankrupt hospitals, the highest technical efficiency score was 0.821 and 11 hospitals showed technical efficiency lower than 0.6. This implies that selective financial support based on cost efficiency by the government will be valuable to prevent bankruptcy of these hospitals. The logistic analysis showed statistically significant relationship between bankruptcy and efficiency of hospitals in Korea.

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The Total Ranking Method from Multi-Categorized Voting Data Based on Analytic Hierarchy Process

  • Ogawa, Masaru;Ishii, Hiroaki
    • Industrial Engineering and Management Systems
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    • v.1 no.1
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    • pp.93-98
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    • 2002
  • It is important to evaluate the performance of candidates mathematically from various aspects, and reflect it on decision making. In decision making, we judge the candidates through two steps, classification of objects and comparison of objects or candidates with plural elements. In the former step, Analytic Hierarchy Process (AHP) is useful method to evaluate candidates from plural viewpoints, and in the later step, Data Envelopment Analysis (DEA) is also useful method to evaluate candidates with plural categorized data. In fact, each candidate has plural elements, nevertheless it has been more important to evaluate from various aspects in IT society. So, we propose a new procedure complementing AHP with DEA.

Using DEA and AHP for Hierarchical Structures of Data

  • Pakkar, Mohammad Sadegh
    • Industrial Engineering and Management Systems
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    • v.15 no.1
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    • pp.49-62
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    • 2016
  • In this paper, we propose an integrated data envelopment analysis (DEA) and analytic hierarchy process (AHP) methodology in which the information about the hierarchical structures of input-output data can be reflected in the performance assessment of decision making units (DMUs). Firstly, this can be implemented by extending a traditional DEA model to a three-level DEA model. Secondly, weight bounds, using AHP, can be incorporated in the three-level DEA model. Finally, the effects of incorporating weight bounds can be analyzed by developing a parametric distance model. Increasing the value of a parameter in a domain of efficiency loss, we explore the various systems of weights. This may lead to various ranking positions for each DMU in comparison to the other DMUs. An illustrative example of road safety performance for a set of 19 European countries highlights the usefulness of the proposed approach.

An Integrated DEA-AHP Model for the Acquisition of a Weapon System: Selection of a Next-Generation Fighter System in Korea

  • Moon, Jaehun;Kang, Seokjoong
    • Journal of information and communication convergence engineering
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    • v.13 no.2
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    • pp.97-104
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    • 2015
  • In this paper, we propose a data envelopment analysis (DEA) and analytic hierarchy process (AHP) integrated model to improve the selection process in the acquisition of a weapon system which is the key component to the success of the project. In particular, we applied DEA in the first stage to choose a frontier group among the candidates in the selection process of the next-generation fighter system (the 3rd FX) in Korea. Then, by using the Delphi technique, we surveyed military experts and applied AHP to determine the best choice among the candidates. The results of the study match the actual decision made by the Korean government in the weapon system acquisition. The results of the proposed DEA-AHP integrated method in the selection of the next-generation fighter systems in Korea demonstrate the usefulness of the method. In this paper, we also discuss the future implications of the proposed model.

Evaluation method of multi-attribute quality using data envelopment analysis (DEA에 의한 다속성 품질의 평가방법에 관한 연구 -전기보온솥의 사례를 중심으로-)

  • 이진춘
    • Journal of Korean Society for Quality Management
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    • v.25 no.2
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    • pp.169-188
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    • 1997
  • The purpose of this study is concerned with suggesting a new a, pp.oach to evaluating the overall product quality in the sense of the relative efficiency of products, whose quality is measured with 8-dimensional attributes, suggested by Garvin. The attributes included 8 quality measures, that is, performance, features, reliability, conformance, durability, serviceabilit, aesthetics, and perceived quality. This study, also, introduced DEA(Data Envelopment Analysis) as an evaluation tool to tackle the problem of how to measure one product against another when each product can be measured along a number of dimensions, and given that there exists no a priori satisfactory weighting scheme to combine these dimensions into an overall rating for each products. In order to a, pp.y the DEA to evaluating the products, we must define two concepts, such as DMU(Decision Making Units) and input-output relationship. Finally, the suggested method in this study was validated through a case study of the electric jar, and this DEA a, pp.oach can be used in evaluating the other products with multi-attrribute quality.

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A Case Study on Efficiency Evaluation of DMUs Performances for Digital Pioneer Project by Data Envelopment Analysis Model (DEA를 활용한 차세대첨단콘텐츠육성사업 참여 DMU의 효율성 평가에 관한 사례 연구)

  • Shin, Jae-Shig;Yang, Hae-Sool
    • Journal of Information Technology Services
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    • v.6 no.1
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    • pp.65-81
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    • 2007
  • Recently, the affiliates of the Ministry of Information and Communication have been conducting a performance evaluation study on IT policy projects, based on the performance evaluation model of the U.S. Office of Management and Budgets, with regard to investment in computerization. The performance evaluation model for the policy project could provide the objective information required for the planning, development, and operation of the policy project. However, the performance of the most policy project is likely to be evaluated using the subjective evaluation criteria of evaluators. Therefore, this case study evaluates the relative efficiency using DEA (Data Envelopment Analysis) in order to improve the performance evaluation method of the digital pioneer' project implemented by the Korea IT Industry Promotion Agency. The improvement value of inefficient Decision Making Units (DMUs) was measured by a static efficiency analysis. The measured value will suggest a objective viewpoint of the performance between DMUs to evaluators. In doing so, it will show an appropriate direction for the policy project to be evaluated successfully.

An Analysis on the Management Efficiency of the Fish-Paste Processing Industry (어묵 가공업의 경영효율성 분석)

  • Yang, Hyun-Joo;Song, Jung-Hun;Kwon, Hyeok-Seung
    • The Journal of Fisheries Business Administration
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    • v.52 no.3
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    • pp.15-25
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    • 2021
  • Base on the survey and financial statement on fish-paste processing company, this study aimed to estimate management efficiencies of fish-paste processing management using a data envelopment-analysis (DEA), In-depth interview and to find out their determinants. Model results show that the estimated mean management efficiencies obtained for the VRS and CRS DEA are 83.7% and 89.1%. In-depth interview results also show that efficiencies caused by scale of technical matter was greater than efficiencies caused by the scale of the company. Thus it implies that technical development is essential for achieving high-efficiency of fish-paste processing company more than expanding the size of company.

Exploring the Relationship between Foreign Ownership, Innovation and Firm Value: A Korean Perspective

  • Ryu, Sang-Lyul;Sawng, Yeong-wha;Park, Seunglak;Won, Jayoun
    • Journal of Korea Trade
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    • v.25 no.7
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    • pp.19-40
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    • 2021
  • Purpose - This paper's purpose is to investigate how foreign ownership and innovation affect firm value. Design/methodology - Firm innovation is defined as operational efficiency, which is calculated by adopting data envelopment analysis (DEA). Additionally, R&D intensity is included as a measure of innovation in the analysis. We used firm-level data from manufacturing companies in Korea. The sample comprised 3,753 firm-year observations for every year in the period 2003-2017. Findings - We found that foreign ownership and innovation are positively related to firm value (Tobin's Q). Foreign ownership moderates innovation's contribution to firm value, implying that foreign ownership may enhance the value relevance of firm innovation. In addition, we found that firm innovation partially mediates the relationship between foreign ownership and firm value. Originality/value - This highlights the important role of foreign investors' monitoring; wherein foreign investors enhance firm value by facilitating firm innovation. Our results suggest that foreign ownership can be crucial for innovation and may serve to address weak ownership structures.

Determining Priority of the Action Plan of Facilitation in Air Transport (Using CK model of Data Envelopment Analysis) (항공부문 출입국 절차 간소화 추진과제의 우선순위 결정 (자료포락분석기법 (DEA)의 CK 모형 적용))

  • Kim, Min-Jung;Hong, Seock-Jin;Kim, Yeon-Myung
    • Journal of Korean Society of Transportation
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    • v.26 no.3
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    • pp.7-16
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    • 2008
  • The immigration procedure at airports is vital to making passenger and cargo transport faster. The rapid procedure of immigration could be an important determining factor when passengers select an air transport company, one that should have high satisfactory in terms of their service level and efficiency. Therefore, the advanced airport makes it easy for customers and their cargo to proceed. The coordination between authorities related to the Korean international airport is not satisfactory for customers. This paper analyzes the factors necessary to enhance the airport immigration procedure with the movement of aircrafts, passengers, cargo, and post, using the CK(Cook and Kress) model of DEA(Data Envelopment Analysis). From this study, the author found that research and development will be needed to improve the immigration procedure, especially on facilities and their operating systems. There are needed, also, performance indicators and a continuous monitoring system.