• Title/Summary/Keyword: Model Efficiency

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A Combined ANP and DEA Model based Efficiency Analysis of the Listed Construction Firms (ANP와 DEA 결합모델 기반의 상장 건설기업의 효율성 분석)

  • Seo, Kwang-Kyu
    • Journal of the Korea Academia-Industrial cooperation Society
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    • 제12권10호
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    • pp.4354-4358
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    • 2011
  • Many Korean construction companies have fallen on hard times because the construction business continues to stagnate. Therefore it is necessary to measure the management efficiency for efficient operation and strengthening competitiveness of them in order to survive a difficult situation. This paper proposes a combined ANP and DEA model to analyze the efficiency of the listed construction firms. In order to determine the input and output variables of DEA, the ANP model is applied to evaluate the importance of input and output variables. The benchmarking companies and efficiency value for the construction firms with inefficiency are also provided to improve the their efficiency. The 57 listed construction companies consisted of 36 listed on KOSPI and 21 listed on KOSDAQ are analyzed in this study. The analysis results show that 11 companies whose values of CCR are 1, and 14 firms whose values of BCC efficiency are 1. In additions, the 19 firms have the scalability efficiency. Finally, we test the correlation between efficiency and the stock price.

A Study on the Efficiency Analysis of Specialty Construction Industry Type (전문건설업 유형별 효율성 분석 연구)

  • Kim, Ye-Jung;Yoo, Dong-Young;Park, Sun-Gu
    • The Journal of the Korea Contents Association
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    • 제19권5호
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    • pp.64-73
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    • 2019
  • This study analyzed the efficiency by using the DEA model to evaluate the competitiveness of specialty construction firms. The target of the analysis is 300 firms with continuous data from 2010 to 2017 as listed and externally listed firms. Significant analysis results are as follows. First, the efficiency of specialty construction firms is lower than that of general construction industry. Second, efficiency by type was highest in facilities construction and dismantling work. This shows that the relevant industries such as reinforced concrete works and scaffolding and demolition work are relatively efficient in specialty construction industry. Third, the efficiency of specialty construction industry is affected by economic fluctuations. When the construction industry is in the expansion phase, the efficiency value is high and the efficiency value is low in the down phase. Finally, in the scale profitability analysis, specialty construction industry was most analyzed by DRS. This means that it is effective to scale down for the efficiency of the firm.

An Analysis of the Management Efficiency for the Rice seeding Farmer in China Using DEA Model (DEA를 활용한 중국 벼 직파농가의 경영효율성 분석)

  • Wang, Xiao-Feng;Yu, Chan-Ju
    • Korean Journal of Organic Agriculture
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    • 제30권3호
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    • pp.351-374
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    • 2022
  • In recent years, the development of rice industry has been highly valued by the state. In hubei area, due to the development of the modernization and the shortage of labor, traditional way of rice cultivation methods is facing serious challenges, and economic benefits have become the decisive factor for the effective promotion and application of rice cultivation methods. According to the research results, first, in the input-side analysis, in the CCR model, D5, D12, D26, D28, D32, D36 farmers with high efficiency appear. The analysis result shows that among the 60 farmers, the average efficiency is 89%, and there is an inefficiency of 11%. In the BCC model, 14 farmers were identified as high-efficiency farmers, with an average efficiency of 0.9453. Second, in direct seeding cultivation of rice, the average scale efficiency is 0.9227, while the average pure technical efficiency is 0.9644. This shows that the effect of scale efficiency is greater than that of purely technical factors, ignoring the reasons for the low operational efficiency of direct seeding cultivation farmers. It can be predicted that with the further deepening of farmers' understanding of this planting mode, the proportion of rice direct seeding may be further expanded in the future. Relevant agricultural departments should further promote this technology to farmers, study the direct seeding technology using scientific methods, and evaluate the changes of this cultivation mode. The agricultural departments of government should concern about the climate risk assessment of direct seeding rice, the environmental impact assessment caused by the extensive use of herbicides, the application of mechanical technology in the process of direct seeding, the lodging of direct seeding rice, and other related issues.

Analysis of the Efficiency and Influencing Factors of Fiscal Expenditure on Compulsory Education

  • Yanan Sun;Qingsong Pang;Sangwook Kim
    • Journal of the Korea Society of Computer and Information
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    • 제29권1호
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    • pp.241-249
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    • 2024
  • Using the panel data of 31 regions in China from 2006 to 2021, this paper analyzes the efficiency and influencing factors of the fiscal expenditure on compulsory education in China. Through the analysis found that the efficiency of some economically developed regional is lower, but the efficiency of economically backward regional is higher. In order to further analyze the influencing factors of the efficiency of fiscal expenditures on compulsory education, using Tobit model is analyzed. It is found that regional per capita GDP and fiscal self-sufficiency rate have a negative impact on the efficiency of fiscal expenditure on compulsory education. Age structure, percentage of fiscal expenditure on compulsory education and level of teachers have a positive impact on the efficiency of fiscal expenditure on compulsory education. Fiscal decentralization has no significant effect on the efficiency of fiscal expenditure on compulsory education.

River Stage Forecasting Model Combining Wavelet Packet Transform and Artificial Neural Network (웨이블릿 패킷변환과 신경망을 결합한 하천수위 예측모델)

  • Seo, Youngmin
    • Journal of Environmental Science International
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    • 제24권8호
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    • pp.1023-1036
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    • 2015
  • A reliable streamflow forecasting is essential for flood disaster prevention, reservoir operation, water supply and water resources management. This study proposes a hybrid model for river stage forecasting and investigates its accuracy. The proposed model is the wavelet packet-based artificial neural network(WPANN). Wavelet packet transform(WPT) module in WPANN model is employed to decompose an input time series into approximation and detail components. The decomposed time series are then used as inputs of artificial neural network(ANN) module in WPANN model. Based on model performance indexes, WPANN models are found to produce better efficiency than ANN model. WPANN-sym10 model yields the best performance among all other models. It is found that WPT improves the accuracy of ANN model. The results obtained from this study indicate that the conjunction of WPT and ANN can improve the efficiency of ANN model and can be a potential tool for forecasting river stage more accurately.

Optimal Design of Accelerated Life Tests under Model Uncertainty (불확정 모형하에서 가속수명시험의 최적 설계)

  • 서순근;하천수;김갑석
    • Journal of Korean Society for Quality Management
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    • 제29권3호
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    • pp.49-65
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    • 2001
  • This paper presents new compromise ALT plan which is applied to situations that true relationship between stress and parameters is not known exactly. The assumed failure distribution of this study is one of location-scale family, i. e., exponential, Weibull, and lognormal distributions which have been ones of the popular choices of failure distributions. The method of applying the stress is constant, and the censoring mechanism is Type I censoring. Compared with existing compromise plans under true simple linear model in terms of statistical efficiency, the efficiency of new compromise plan is better than the corresponding other compromise ones in most cases. For case when true model is quadratic, this plan can be used without any severe loss in statistical efficiency. The proposed new compromise ALT plan is illustrated with a numerical example and sensitivity analyses are conducted to study effects of pre-estimates of design parameters.

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Dynamic Analysis of PEM fuel cell system (PEM 연료전지시스템의 동특성 해석)

  • Kim Beomsoo;Jeon Soonil;Lim Wonsik;Park Yeong-il
    • 한국신재생에너지학회:학술대회논문집
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    • 한국신재생에너지학회 2005년도 춘계학술대회
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    • pp.353-356
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    • 2005
  • We developed a dynamic model of PEM fuel cell system which can analyze its transient response to dynamic load current. System components such as compressor, air cooler, humidifier, and stack were modeled based on their dynamic equations and performance maps by using Matlab Simulink platform. Through this simulation model, dynamic characteristics of fuel cell system including oxygen excess rat io, stack voltage, and system efficiency were shown. In addition to that, we briefly analyzed the humidity effect on cathode pressure and system efficiency, expecting that this model can be further used to optimize fuel cell system parameters just like operating pressure and temperature, humidity and oxygen excess ratio.

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Data Envelopment Analysis and Logistic Model for BRAIN KOREA 21 (분류모형과 DEA를 이용한 두뇌한국(BK) 21 사업단 효율성 분석)

  • Sohn, So-Young;Joo, Yong-Gyu
    • IE interfaces
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    • 제17권3호
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    • pp.249-260
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    • 2004
  • The objective of this study is to measure and to predict the efficiency of participating groups of BK 21 by using DEA. DEA is a methodology to measure and to evaluate the relative efficiency of a homogeneous set of decision-making units (DMUs) in a process which uses multiple inputs to produce multiple outputs. In order to reflect the effect of the environmental factors of BK 21, we consider not only a general DEA model but also a logistic model for DEA. As a result, location of participating groups of BK 21 turns out to be significant. Our proposed approach can predict the efficiency of a new BK 21 group with given environmental factors. It is expected that these models can give a feedback for effective management of BK 21.

A Study of NPSH Required Performance Improvement for a Industrial Vertical Pump (산업용 수직펌프의 흡입성능 향상 연구)

  • Chung, Kyung-Nam;Park, Jong-Hwoo;Kim, Yong-Kyun;Kim, Hae-Cheon
    • Transactions of the Korean Society of Mechanical Engineers B
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    • 제33권11호
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    • pp.909-915
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    • 2009
  • In this paper, a study of performance improvement for a centrifugal vertical pump having specific speed of 330 is introduced. The existing model has high efficiency but needs better NPSH required performance. Such that new pump model is designed to obtain larger suction specific speed. 6 design parameters considered to affect pump performance are selected for impeller design. Key design parameters are investigated using by design of experiments and CFD, and impeller inlet diameter is increased to get better suction performance. The amount of inlet diameter increase is determined by using cavitation analysis. The results show that new design model has higher efficiency and better NPSH required performance than the existing model.

A Comparison of Efficiency Estimation Methods via Monte Carlo Analysis (몬테카를로 분석에 의한 효율성 추정방법의 비교)

  • 최태성;김성호
    • Korean Management Science Review
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    • 제19권1호
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    • pp.117-128
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    • 2002
  • In this Paper we investigate the performance of the five efficiency estimation methods which include the stochastic frontier model estimated by maximum likelihood (SFML), the stochastic frontier model estimated by corrected ordinary least squares (SFCOLS), the data envelopment analysis (DIA) model, the combined estimation of SFML and DEA (SFML + DEA), and the combined estimation of SFCOLS arid DIA (SFCOLS+ DEA) using Monte Carlo analysis. The results include: 1) SFML provides most accurate efficiency estimates for the sample sloe 150 or over,2) SFML+DEAor SFCOLS + DIA Perform better for the cases with sample sloe 25, 50, and low random errors, 3) SFCOLS performs better for the close with sample sloe 25, 50, and very high random errors.