• Title/Summary/Keyword: Envelopment

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A Study on the Efficiency Evaluation of the old Town Commercial Area Regeneration Project: Focusing on University and Tradition Market Project

  • RYU, Tae-Chang
    • Journal of Distribution Science
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    • v.17 no.5
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    • pp.61-72
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    • 2019
  • Purpose - In this study, we try to measure the efficiency of the traditional market and university cooperation projects and present the direction of policy improvement for the near future by converging the system, which exerts to secure the competitiveness and revitalize its centered-city, and the recent policies that have new business and social Research Design, Data, and Methodology - In order to improve this situation, this study uses Data Envelopment Analysis (DEA) to evaluate the effectiveness of the policy project and propose its evaluation results. Also, we want to derive the weight calculation for utilizing DEA by using AHP method. Results - This study's results were derived from the input and output variables, so instead of qualitative analysis, the conclusion was drawn out from the quantitative analysis. Through this quantitative analysis method, we had an opportunity to identify the characteristics of each site by each year. Conclusions - It is believed that the reliability of the results can be further improved if the qualitative part can be supplemented its unique characteristics of the model which only considers the simple quantitative aspect. Further studies should be undertaken as these sectors are expected to draw out fruitful research conclusion when these aspects were supplemented additionally, so continuous additional study is essential.

Productivity Analysis in Fisheries Processed Wholesale Products Using Malmquist Productivity Index (맘퀴스트 생산성지수를 이용한 수산물 가공식품 도매업의 생산성 분석에 관한 연구)

  • Pyo, Hee-Dong;Kim, Jong-Cheon
    • Ocean and Polar Research
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    • v.32 no.4
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    • pp.387-396
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    • 2010
  • This paper estimates changes in the total factor productivity and technical efficiency change index and the technical change index using the Malmquist productivity index (MPI) in fishery-processed wholesale products over the time period spanning 2006-2008. The model considers a number of employees and operating costs as input factors, and sales and EBIT (earnings before tax and interest) as output factors. The results demonstrate that, between 2006 and 2007, there has generally been no technical progress, although a small improvement in productivity was detected in the sales scale of 10 billion won-50 billion won. Between 2007 and 2008, there was technical progress in the majority of DMU, except within the range of 20 million won-10 billion won. Wilcoxon's rank-sum test, however, demonstrates no statistically significant differences in productivity between the two periods.

Measuring the Efficiency of Maritime Transport Companies

  • Kang, Hyo-Won;Kim, Young-Min
    • Journal of Distribution Science
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    • v.15 no.11
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    • pp.59-72
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    • 2017
  • Purpose - This paper evaluated the efficiency performance of the three major maritime transport markets and examined the determinants of the performance. The firms' revenue fluctuates with the changes of the economic cycle; hence it is important for them to set up business strategies to improve efficiencies. A lack of efficiency measurements for shipping firms leads to a significant gap in determining their overall performance. Research design, data, and methodology - Each of DEA scores was adopted for the evaluation and panel regression was used to examine the impact of determinants on the performance. The analysis included 50 shipping firms from three maritime transport markets as follows; 15 firms of container liners, 18 firms of bulk carrier and 17 firms of tanker carriers, and its period was from 2010 to 2016. Results - In the CCR model, container liners were the highest, tanker carriers were the second, and bulk carriers were the lowest in operation efficiency and financial efficiency. By region, operation efficiency and financial efficiency was high in the order of America, Asia, and Europe. Conclusions - This study suggests business strategies for maritime transport companies based on the analytical results of determinants of operational and financial efficiency.

Determinants of Commercial Banks' Efficiency in Bangladesh: Does Crisis Matter?

  • Banna, Hasanul;Ahmad, Rubi;Koh, Eric H.Y.
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.3
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    • pp.19-26
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    • 2017
  • Banks play a crucial role in bringing stability and economic development through their expected contribution in proper financial resource mobilisation across the economy. Despite the importance, there is little focus in recent literature which provided the empirical evidence how the global financial crisis affect the bank efficiency in Bangladesh. Thus, this paper aims to examine the effect of the global financial crisis and other factors on the efficiency of Bangladesh commercial banks. By employing the Data Envelopment Analysis (DEA) method, we computed the technical efficiency of individual banks operating in the Bangladesh banking sector during 2000 to 2013. The empirical findings indicate that the Bangladesh banking sector has exhibited the highest efficiency level during 2001, while efficiency seems to be at the lowest level during 2010. The study finds that crisis along with bank size, capital adequacy ratio, return on average equity and real interest rate have a significant effect on bank efficiency in Bangladesh. In order to keep the sound financial development of Bangladesh, banks operating in the Bangladesh banking sector have to consider all the potential technologies which could improve their profit efficiency levels, since the main motive of banks is to maximise shareholders' value or wealth through profit maximisation.

A Comparative Study of Western Singer's Voice and a Pansori Singer's Voice Based on Glottal Image and Acoustic Characteristics (성대형태 및 음향발현에서 성악 발성 및 판소리 발성의 비교 연구)

  • Kim, Sun-Sook
    • Speech Sciences
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    • v.11 no.2
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    • pp.165-177
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    • 2004
  • Western singers voice have been studied in music science since the early 20th century. However, Korean traditional singers voice have not yet been studied scientifically. This study is to find the physiological and acoustic characteristics of Pansori singers voices. Western singers participated for comparative purposes. Ten western singers and ten Pansori singers participated in this study. The subjects spoke and sung seven simple vowels /a, e, i, o, u, c, w/. An analysis of Glottal image was done by Scope View and acoustic characteristics of speech and singing voice were analyzed by CSL. The results are as follows: (1) Glottal gestures of Pansori singers showed asymmetric vocal folds. (2) Singing vowel formants of Pansori singers showed breathiness based on Spectrogram. (3) Music formant of western singers appeared in around 3kHz area, however, Pansori singers formant appeared in low frequency area. Modulation of vibrato showed 6 frequency per sec in case of western singers. Pansori singers showed no deep modulation of vibrato on spectrogram.

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Measuring Relative Efficiency of Korean Life Insurance Companies Employing DEA/Window Model (DEA/Window 모형을 이용한 국내 생명보험산업의 상대적 효율성 분석)

  • Lee, Hyung-Suk;Kim, Ki-Seog
    • The Journal of the Korea Contents Association
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    • v.8 no.5
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    • pp.192-206
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    • 2008
  • With many changes such as the increase in telemarketing, internet marketing and enforcement of bancassurance, the Korean life insurance companies have undergone a startling transformation. The purpose of this paper is to measure and analyse the static/dynamic efficiency of Korean life insurance companies employing Data Envelopment Analysis(DEA). As the result of the static efficiency analysis, we provide CCR, BCC and scale efficiency, return to scale, and reference set of Korean life insurance companies in 2004. And we also describe about the trend and stability of their efficiency for 7 years(1998-2004) in the dynamic efficiency analysis.

A Study on the Evaluation of Efficiency in the Korean Small and Medium sized Construction Firms (국내 중소건설업체의 효율성 평가에 관한 연구)

  • Kim, Hyuk;Yoo, Han-Joo;Song, Gwang-Suk
    • Journal of Korean Society for Quality Management
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    • v.38 no.3
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    • pp.463-474
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    • 2010
  • In this study, we evaluate the efficiency of Construction Industry using Data Envelopment Analysis(DEA). Since the Construction Industry has been traditionally operated through competition, it is important to measure the efficiency. In this paper, we empirically analyze the Efficiency of the 50 Korean Construction Industry. In detail, we used the scale of efficiency in order that efficiency cannot be affected by the total technical efficiency of each company and the scale of DMU by applying CCR or BBC model. Also, we analyzed the changes of measurement DEA model score. we adopted the basic DEA, RTS Region and MPSS(Most Productive Scale Size) method which are combined with efficiency measurement model in order to analyze the operational status. Furthermore, by complementing the shortfalls of the scale efficiency value of the DEA Model, RTS Region Model can be recommended to be appropriate in the evaluation of ideal input/output Quantity. In particular, input variables are total assets, construction capacity, the technical staff and output variables are sales volume, operating income. The result of RTS Region and MPSS shows that 9 DMUs of the efficiency frontier in the Construction Industry are analyzed to be relatively efficient DMUs, and 41 DMUs are analyzed to be inefficient DMUs, and finally inefficient DMUs are separated with Region 1 and Region 6.

A Study on the Efficiency Analysis for the Operations of the Safety Patrol applying the DEA Approach (DEA 기법을 활용한 안전관리자의 운영 효율성 평가)

  • Yu, Woo-Yeon;Jang, Seo-Il;Kang, Kyung-Sik;Lee, Dong-Hoon;Lee, Kyung-Sik;Jo, Young-Do
    • Journal of the Korea Safety Management & Science
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    • v.9 no.5
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    • pp.17-25
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    • 2007
  • All of the city gas companies in Korea must employ the gas safety patrols by law. The gas safety patrols are responsible for the various tasks including daily gas pipeline patrol to prevent gas accidents. Since the size of jurisdiction varies among the city gas companies, it is very difficult to compare their efficiency for the operations of the safety patrol each other directly. The objective of this research is to develop the methodology to analyze and compare the efficiency of the safety patrol's operations among various city gas companies. Several factors that are related to the safety patrol's duty on the gas safety factors were identified and DEA(Data Envelopment Analysis) model for efficiency analysis was developed. Finally, the DEA model was applied to the collected data from six city gas companies. The less efficient city gas companies can benchmark the higher efficient city gas companies in order to improve the safety control systems.

Measuring Efficiency of Recycling Food Wastes Facilities using DEA (DEA 모형을 이용한 음식물류 폐기물 자원화 시설의 효율성 분석)

  • Kim, Dae-Hwan;Moon, Jong-Beom;Yoo, Wang-Jin;Lee, Dong-Myung
    • Journal of Korean Society for Quality Management
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    • v.38 no.2
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    • pp.212-224
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    • 2010
  • After the introduction of Volume-based Waste Fee System for municipal wastes, the disposal of food wastes became an issue in society. As this reason, recycling food wastes facilities play an important role such as converting of food waste into animal feed or composting of food waste. Therefore, there is need of efficiency measurement of the facilities to reduce the inefficiency of factors. The purpose of this paper is to make a reasonable suggestion for the improvement of inefficient recycling food wastes facilities. This paper assesses the relative efficiency of recycling food wastes facilities by examining the relationship between inputs and outputs in 41 facilities using data envelopment analysis(DEA). The result shows that 4 facilities whose values of CCR efficiency are 1, and 10 facilities whose values of BCC efficiency are 1, RTS indicates IRS of 17 facilities and CRS of 6 facilities.

A Comparative Study on Productivity of the Single PPM Quality Certification Company by using the Bootstrapped Malmquist Productivity Indices (부트스트랩 맘퀴스트 생산성지수를 이용한 Single PPM 인증기업의 생산성 비교 연구)

  • Song, Gwang-Suk;Yoo, Han-Joo
    • Journal of Korean Society for Quality Management
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    • v.38 no.2
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    • pp.261-275
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    • 2010
  • The purpose of this study is to empirically analyze the productivity change of the 10 Single PPM Certification Company in the 3 Industry(Electronics, Motor-Parts, Machines). In this study, Productivity change over the time in Korean small and medium sized firms in the 3 industries by the bootstrapped Malmquist Productivity Index(MPI). The traditional Malmquist Productivity Index(MPI) and Data Envelopment Analysis(DEA) Models have not only bias but also lack statistical confidence intervals. they could lead to wrong evaluations of the efficiency and productivity scores. In this paper, DEA and a MPI are combined with a bootstrap method in order to provide statistical inferences that analyze the performance of the Single PPM Certification Company. The data cover the period between 2004 and 2007. The result of this paper reveals : 1) The Electronics Industry had productivity effect of 17%, but there was not direct effect for other Industries(Motor-Parts, Machines). 2) average productivity Progress of the 7DMU(Electronics), 1DMU(Motor-Parts) and none(Machines).