• Title/Summary/Keyword: Operational Performance Approach

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A Study for Predicting Building Energy Use with Regression Analysis (회귀분석에 의한 건물에너지 사용량 예측기법에 관한 연구)

  • 이승복
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.12 no.12
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    • pp.1090-1097
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    • 2000
  • Predicting building energy use can be useful to evaluate its energy performance. This study proposed empirical approach for predicting building energy use with regression analysis. For the empirical analysis, simple regression models were developed based on the historical energy consumption data as a function of daily outside temperature, the predicting equations were derived for different operational modes and day types, then the equations were applied for predicting energy use in a building. BY selecting a real building as a case study, the feasibilities of the empirical approach for predicting building energy use were examined. The results showed that empirical approach with regression analysis was fairly reliable by demonstrating prediction accuracy of $pm10%$ compared with the actual energy consumption data. It was also verified that the prediction by regression models could be simple and fairly accurate. Thus, it is anticipated that the empirical approach will be useful and reliable tool for many purposes: retrofit savings analysis by estimating energy usage in an existing building or the diagnosis of the building operational problems with real time analysis.

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Determinants of Key Account Management Performance in Business-to-Business Relationship: The Garments Industry in Bangladesh

  • Ahmmed, Kawsar;Noor, Nor Azila Mohd
    • Journal of Distribution Science
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    • v.12 no.11
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    • pp.5-13
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    • 2014
  • Purpose - This study traces the determinants of key account management performance in the garments industry in Bangladesh. The key account management approach involves significant challenges for marketers to manage their strategically important customers and use this approach as a strategic weapon in their selling efforts. This study examines three categories of determinants of key account management performance including operational variables, organizational variables, and relational variables by exploring data from 100% export oriented readymade garments companies in Bangladesh. Research design, data, and methodology - Data were collected from 30 readymade garments manufacturers, considering a company as a unit of analysis. Using the data, instrument validity and reliability and, subsequently, data normality were examined using the Statistical Package for the Social Sciences (SPSS) software to isolate the important determinants of key account management performance. Results - The instruments are reliable and the data are reasonably normal. Conclusion - The study explored and validated the adapted instruments of various operational, organizational, and relational antecedent factors of key account management performance, most of which were thus far ignored.

The Impact of Business Risk-Based Audit Approach on Reducing Unsystematic Risks: Evidence from Jordanian Banks

  • AL-QUDAH, Laith A.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.343-352
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    • 2021
  • This study aims to identify the impact of the audit approach based on business risks (i.e., external environment risk, operations risk, information risk) in reducing unsystematic risks (i.e., operational risk, credit risk, liquidity risk, capital risk, and administrative risk) in Jordanian banks. To reduce the effect of unsystematic risks and, thus, improve banking performance, an audit approach based on business risks has emerged. To achieve the objectives, this study relied on descriptive statistics and the regression approach to study twenty-five Jordanian banks. The researcher used the intentional sampling method represented by employees of the accounting, financial and control departments in Jordanian banks. Seventeen banks contributed to the study, with a percentage of 68%, totaling 356 employees. A questionnaire was designed to obtain the data, and due to homogeneity among the sampling members, a purposive sample was drawn and 300 questionnaires were distributed. The results of the study found a statistically significant effect of the audit approach based on business risks with its combined dimensions on reducing unsystematic risks in Jordanian banks. The results of the study also found a statistically significant effect of the business risk-based audit approach with its combined dimensions on reducing operational risks in Jordanian banks.

A Study on the Operational Strategy and the Performance of Internet Web Sites (인터넷 웹사이트의 운영전략과 성과에 관한 연구)

  • 김형욱;정혁남;한종범
    • Journal of Korean Society for Quality Management
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    • v.30 no.3
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    • pp.20-37
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    • 2002
  • In this paper, we studied the purpose of this paper is like that; the first one is to find the factors associated with operational strategy by variable website types classified into information-providing type, product-providing type and service- providing type by user approach purposes. The second one is to propose the successful operational strategy through analyzing the factors affecting the financial and non-financial performance of websites. A framework of research model including above factors is developed and tested statistically. The data are collected from Internet website experts of 80 Korean firms through survey. The main results of this research are as follows. First, in information-providing websites, the community factor is regarded as the most important factor But for the Improvement of the performance, not only community factor but also user interface, customization, total quality and playfulness factors should be regarded as important factors equally. Second, in product-providing websites, customization, total quality and visual design factors are regarded as important factors. But for the improvement of the performance, community and visual design factors should be regarded as important factors. Third, in service-providing websites, user interface, customization and community factors should be regarded as important factors in order to improve the performance.

A Hybrid Approach to Statistical Process Control

  • Giorgio, Massimiliano;Staiano, Michele
    • International Journal of Quality Innovation
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    • v.5 no.1
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    • pp.52-67
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    • 2004
  • Successful implementation of statistical process control techniques requires for operational definitions and precise measurements. Nevertheless, very often analysts can dispose of process data available only by linguistic terms, that would be a waste to neglect just because of their intrinsic vagueness. Thus a hybrid approach, which integrates fuzzy set theory and common statistical tools, sounds useful in order to improve effectiveness of statistical process control in such a case. In this work, a fuzzy approach is adopted to manage linguistic information, and the use of a Chi-squared control chart is proposed to monitor process performance.

A Study on Operational Optimization Based RAMS Performance Requirements Design of Railway Systems (운영기반의 철도시스템 RAMS 성능 요구사항 설계에 관한 연구)

  • Choi, Sung-ho;Kim, Gil-dong;Koo, Jeong-seo
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.11
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    • pp.1549-1554
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    • 2018
  • Recently the design of railway systems have been performed, based on the analysis of operational conditions and service targets, it is to optimize the effectiveness and efficiency of system operation. Many RAMS requirements have been developed to transform operation conditions into system design characteristics. However, our railway industry has not actived the application of RAMS into system design performance. According to short of RAMS application, many technologies that have been developed are not only applied the existing systems that is operating, but also have not succeed to apply for new systems. In order to design the effective and efficient railway systems that are optimized to operation conditions and service targets, a systems approach and RAMS management are necessary in railway development, operation and maintenance. Therefore, in this study, the RAMS performance requirement design methods are discussed. the allocation methods from system level to each devices of subsystems.

A Study on the Application of System Dynamics to Overcome BSC Limitations (BSC의 한계 극복을 위한 시스템다이내믹스의 활용)

  • Jo, Hyun-Woong;Yeon, Seung-Joon;Kim, Sang-Wook
    • Korean System Dynamics Review
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    • v.8 no.1
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    • pp.211-227
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    • 2007
  • Like the saying "You can't manage what you can't measure," performance measurement is considered as one of the most important management activities for the organizations in either private or public sector. Performance measurement, however, has thus far relied too much on financial statements. Realizing the importance of a more scientific and comprehensive performance measurement, many organizations have adopted several different systems in order to objectively estimate their balanced performance results. The Balanced Scorecard (BSC) has become a popular means to measure performance. But the BSC has also received some criticisms. In this paper four limitations in the use of the BSC are discussed : BSCs focus on unidirectional causality, are unable to distinguish delays between actions and their impacts on performance, integrate insufficiently strategy with operational measures, and lead to internal biases. We propose a system dynamics approach with causal loop diagram(CLD) to develop a Dynamic BSC in order to overcome these limitations. The results suggest that developing a BSC with system dynamics is a promising approach to supplement existing BSC frameworks.

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The Path to Life Cycle Carbon Neutrality in High Rise Buildings

  • Drew, Chris;Quintanilla, Natalia
    • International Journal of High-Rise Buildings
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    • v.6 no.4
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    • pp.333-343
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    • 2017
  • Across the world, building energy codes are becoming stricter, demanding higher levels of energy performance with each issuance. Some locations have taken initiatives to eliminate operational emissions altogether by requiring buildings to be carbon neutral. However, while the objectives of carbon neutrality are without doubt statement worthy, we believe that once operational performance has been tackled to a reasonable level of performance the sights should be trained on a different objective-life; cycle carbon. This paper defines what we mean by life cycle carbon neutrality and presents an approach toward reducing it.

Operational Performance Evaluation of Korean Major Container Terminals

  • Lu, Bo;Park, Nam-Kyu
    • Journal of Navigation and Port Research
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    • v.34 no.9
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    • pp.719-726
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    • 2010
  • As the competition among the container terminals in Korea has become increasingly fierce, every terminal is striving to increase its investments constantly and lower its operational costs in order to maintain the competitive edge and provide satisfactory services to terminal users. The unreasoning behavior, however, has induced that substantial waste and inefficiency exists in container terminal production. Therefore, it is of great importance for the terminal to know whether it has fully used its existing infrastructures and that output has been maximized given the input. From this perspective, data envelopment analysis (DEA) provides a more appropriate benchmark. This study applies three models of DEA to acquire a variety of analytical results about the operational efficiency to the Korean container terminals. According to efficiency value analysis, this study first finds the reason of inefficiency. It is followed by identification of the potential areas of improvement for inefficient terminals by applying slack variable method and giving the projection results. Finally, return to scale approach is used to assess whether each terminal is in a state of increasing, decreasing, or constant return to scale. The results of this study can provide terminal managers with insight into resource allocation and optimization of the operating performance.

Perceptual Study on Higher Level Digitilization Among Managers in the Logistics Industry

  • Beleya PRASHANTH;Raman ARASU;Degeras KARUNANITHY
    • Journal of Distribution Science
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    • v.22 no.1
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    • pp.25-36
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    • 2024
  • Purpose: The study attempts to explore the operational performance of the existing Malaysian logistics companies and the extent of their adoption of digitalization. The role of digitalization in enhancing the performance of companies in the logistics industry in Malaysia, for value creation, is the topic of study. Research design, data and methodology: A qualitative research method with a semi-structured interview approach was applied and judgmental sampling was used as the sampling technique to collect data. The research has chosen nine companies in the logistics industry in Peninsular Malaysia, with the interviews aimed at eleven members of top and middle-level management. Data analysis was performed using logical system techniques to examine and evaluate data, reorganizing feedback, comparing it with literature, and transforming it into structured, valuable information after interviews. Results: The study revealed mixed opinions on digitalization in logistics, despite its potential benefits such as improved operational efficiency, real-time information, and customer service. However, high costs may hinder financial performance and require revisions due to stakeholder involvement. Conclusions: The Malaysian logistics industry's adoption of digitalization is gaining traction, with most companies satisfied with their status. However, challenges like cost and inefficiency persist, prompting calls for government support to improve efficiency and reduce costs while ensuring sustainable transportation.