• Journal of the Korean Society for Railway
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• v.12 no.6
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• pp.844-851
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• 2009

Since 1990s, the European railway sector has undergone both a vertical separation and a vertical integration. Recently Simar and Wilson (2008) provides a bootstrap test procedure for testing whether two groups' mean efficiencies are equivalent. The purpose of this paper is to ascertain the relationship between vertical separation and operational efficiency of railway industry using the Simar and Wilson's bootstrap test procedure not used in previous studies with a data set of 20 European countries from 1998 to 2005. From the value of test statistic it seems that the mean operational efficiencies of vertically separated railway industry were higher than those of vertically integrated railway industry. However the p-value indicates that the differences of mean operational efficiencies are not significat at any meaningful level.

• Journal of The Korea Institute of Healthcare Architecture
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• v.28 no.2
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• pp.17-29
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• 2022

Purpose: In terms of efficiency and safety, this study attempted to organize data on the operation methods and architectural planning of infectious diseases hospitals. Methods: The results obtained through on-site and interview surveys with hospital officials and medical staffs at four infectious diseases hospitals under construction were summarized based on those original business plans and facility guidelines. Results: First, the operational methods to secure safety and operational efficiency were summarized for each department which are major hospital functions of infectious disease hospitals. Second, as the architectural planning, the characteristics of space and circulation of each department are summarized. For safety of medical staff, negative pressure and non-negative pressure zone have to completely separated. In addition medical staff wears PPE and enters the negative pressure zone and returns in the order of admiral, shower, and gowning in the PPE undressing room after patient treatment. In case of operational efficiency, flexible operation is required in normal and crisis situations. For example, it is important for The Ward to gradually switch to negative pressure beds in times of crisis from normal situation and the outpatient department considers the composition of negative pressure and non-negative pressure outpatient spaces that can operate in parallel even in crisis situations. Implications: Infectious disease hospitals require flexible operation and appropriate facilities for normal and crisis situations.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.8
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• pp.309-321
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• 2020

This study aims to examine the effects of strategic management accounting on firm performance of finance businesses in Thailand. Strategic management accounting comprises of environmental scanning, competitor orientation and forward-looking information. In this study, 175 finance businesses in Thailand are the samples of the study. A mail survey procedure was used for data collection. The hierarchical multiple regression analysis is employed to test the research relationships. Firstly, environmental scanning positively affects operational excellence, organizational effectiveness and firm performance. Secondly, competitor orientation is positively related to managerial efficiency and organizational effectiveness. Thirdly, forward-looking information has a positive influence on operational excellence, managerial efficiency, organizational effectiveness, and firm performance. In addition, operational excellence, managerial efficiency and organizational effectiveness have positive impact on firm performance. Finally, to verify the mediating effects, operational excellence, managerial efficiency and organizational effectiveness are the mediators of the research relationships. This study confirms that all dimensions of strategic management accounting play a significant role in determining business outcome as being congruent with the theory of resource-based views of the firms. Executives of firms need to provide valuable resources and capabilities to support the strategic management accounting implementation in order to achieve good business outcome in highly competitive environments.

• International Journal of Highway Engineering
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• v.14 no.5
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• pp.145-155
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• 2012

PURPOSES: This study proposes a novel method based on microscopic simulation models to evaluate bicycle passing ways in mixed traffic flow conditions at signalized intersections. METHODS: Both operational efficiency and safety are taken into consideration in the evaluation. A widely used performance measure, delay, is used for evaluating the operational efficiency. Regarding the safety evaluation, surrogate safety measures (SSM) to represent traffic conflicts and the level of crash severity, DeltaS and Max.DeltaV, are applied in the proposed method. RESULTS: Extensive simulations and statistical tests show that an integrated bike-box way is identified as the best in terms of operational efficiency and safety. CONCLUSIONS: The proposed method and outcomes of this study will be valuable for bicycle traffic operations and facility design.

• The Korean Journal of Franchise Management
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• v.3 no.1
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• pp.130-143
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• 2012

Franchise store retailing is taking on ever greater roles in business and commerce in China. The diverse product range, small-batch order, high frequency and time-specific requirements inherent in retail logistics make it the most complicated of all categories of logistics. In franchise store retailing, expanding business scales make trans-regional development a trend. Without a well-functioning logistic system, the standardized delivery of products would be held back, impacting trans-regional development strategy and operational costs. Therefore, the efficiency of franchise store retailing largely depends on logistical efficiency. The integrated and streamlined management of franchise stores depends in large measure on their logistical centers. As such, logistical centers constitute the key link and bears on core competitiveness in franchise store retailing. This thesis begins with an analysis of the current developments and four basic logistical models of franchise store retailing in China, proceeds to summarize developmental trends as well as focal issues and proposes an efficiency enhancing plan.

• Korea Journal of Hospital Management
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• v.15 no.3
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• pp.143-169
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• 2010

This is a case study of Seoul St. Mary's Hospital applying a real-time enterprise (RTE) strategy to improve customer satisfaction and operational efficiency with the main process of medical institutions. The hospital is applying an RTE strategy to get real-time information on occurrences at each contact point of the main process of the medical institution from reservation to discharge through dashboard and to resolve issues through rapid decision-making. The RTE strategy of the hospital has some summaries: First, the hospital has linked a hospital management strategy to the RTE strategy to build a patient-centered treatment process. Second, the hospital has operated a control tower for change management and implementation monitoring in the process of implementing the RTE strategy. Third, the hospital has built systematic RTE-based environment as an application program in which the nU System is linked to Business Processor Renovation (BPR) promoted from 2006 on. Fourth, the hospital is applying a strategy to improve efficiency in operating the hospital by increasing customer satisfaction, removing inefficiency and variability, and managing medical resources efficiently through the RTE strategy. Fifth, it has established an information-sharing system through authority management for each user in terms of RTE information. Sixth, it has supplemented limitations of short-term information of the RTE strategy by linking the key performance index to the cost information system in order to improve performance of the RTE strategy. Seventh, it has improved customer satisfaction and achieved higher performance in improving operational efficiency, as compared with rival hospitals, through the RTE strategy.

• Journal of the Korean Solar Energy Society
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• v.34 no.5
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• pp.33-41
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• 2014

Heliostat field in a tower type solar thermal power plant is the sun tracking mirror system which affects the overall efficiency of solar thermal power plant most significantly while consumes a large amount of energy to operate it. Thus optimal operation of it is very crucial for maximizing the energy collection and, at the same time, for minimizing the operating cost. Heliostat field operational algorithm is the logics to control the heliostat field efficiently so as to optimize the heliostat field optical efficiency and to protect the system from damage as well as to reduce the energy consumption required to operate the field. This work presents the heliostat field operational algorithm developed for the heliostat field of 200kW solar thermal power plant built in Daegu, Korea. We first review the structure of heliostat field control system proposed in the previous work to provide the conceptual framework of how the algorithm developed in this work could be implemented. Then the methodologies to operate the heliostat field properly and efficiently, by defining and explaining the various operation modes, are discussed. A simulation, showing the heat flux distribution collected by the heliostat field at the receiver, is used to show the usefulness of proposed heliostat field operational algorithm.

• Korean Management Science Review
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• v.21 no.2
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• pp.111-122
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• 2004

Measuring performance of corporate information system has become one of the core issues in that development of the information system requires substantial amount of investments and the system works as a crucial leverage to enhance competitive edge. Most of the previous researches for performance of the information system have narrow and limited focus on such as the effect of user satisfaction and productivity. This paper suggests a model to measures the comprehensive performance which is classified as user scope (user involvement and satisfaction), operational scope (task productivity, task innovation, customer satisfaction, management control) and efficiency scope (financial performance), and to represent the relationship among the scopes by the path analysis model. Followings are conclusions from statistical hypothesis test of the model: (i) user involvement through user satisfaction has positive effect on all the performances in the operational scope, (ii) task innovation and customer satisfaction in the operational scope has statistically significant impact on financial performance but task productivity and management control do not. This conclusion indicates that task productivity and management control has the long term effect in nature, and evaluation of the information system has managerial implication when it Is measured in comprehensive performance which includes internal operational performances as well as financial performance.

• Proceedings of the KSR Conference
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• 2000.11a
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• pp.17-23
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• 2000

The purpose of this paper is to evaluate the relative efficiency of Korean National Railroad (KNR). Railways can be seen as multi-product firms which produced both passenger and freight transportation services. For evaluating the operational efficiencies of 23 UIC (International Union of Railways) members including KNR we use data envelopment analysis (DEA) in which multiple inputs and multiple outputs can be handled explicitly.

• Journal of the Korean Society for Aviation and Aeronautics
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• v.30 no.4
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• pp.23-32
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• 2022

Prototype UAMs are shown to us in the market. When the complete product is delivered to market, the efficiency of each UAMs can be compared by default. Before the complete product is shown to us, the comparative study on efficiency of UAMs is performed under the product cost estimation. The efficiency analysis result reveals that both of Lift & Cruise type and vectored thrust type show good efficiency at the initial stage of product. At the near terms stage, five years later from initial stage end, efficiency gets some change. Vectored thrust type of UAMs show best efficiency at the near term stage of product. Because UAMs will be used in urban area, Seoul is the place where the UAMs will be used first. The flying route from Seoul City Hall to Yongsan Park, National Assembly in Yeouido, and City Airport is no more than 10 km distance. For this short distance route, efficiency will make multi-rotor type UAM be prefered to other types. For long distance route or commuting route, life & cruise type and vectored thrust type of UAMs will be prefered on account of operational efficiency.