• Title/Summary/Keyword: Small Sized

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An Empirical Approach to Evaluate Management Performance Using a Trading Area Analysis: Focus on Small and Medium-sized Retail Businesses

  • Bae, Jae-Ho
    • Journal of Distribution Science
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    • v.10 no.12
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    • pp.5-11
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    • 2012
  • Purpose - This paper proposes measurement models to evaluate the management performance of small and medium-sized retail businesses on the basis of a trading area analysis that compares their proposed revenue to actual revenue in the trading area. Research design, data, methodology - The study proposes measurement models consisting of five stages, namely: (1) district background survey, (2) customer survey, (3) competitor survey, (4) business district survey, and (5) business performance analysis. Results - To identify business districts easily, this study preferred a minor-adjusted method based on the Euclidean distance, as it is simple to employ for the small and medium-sized businesses. This model was applied to select coffee shops in Daejeon. Results indicated that although the targeted shop was not located in an appropriate location, actual sales were higher than expected. Conclusions - Small- or medium-sized retail businesses face difficulties regarding the economies of scale and brand recognition and must choose an appropriate location to ensure management stability. However, such businesses will find it difficult to evaluate their competitive edge accurately using a trading area analysis.

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The control characteristic evaluation of Desktop machine tool (Desktop 가공기의 제어특성 평가)

  • 박종영;이득우;김정석;정우섭
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2003.06a
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    • pp.137-140
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    • 2003
  • Recently, as the demand of small-sized precision parts is rising in precision industry such as mobile, automobile, optic. etc. the requirement of small-sized machine tool is increasing. Desktop machine tool define small-sized machine tool that is able to install in table. According to diminishing in size, Desktop machine tool is able to economize production cost by reducing work area and consuming electric power. But Desktop machine tool generates vibration in acceleration and deceleration modes by inertia force of moving part. Also vibration is generated when it move simultaneously two axis or three axis. Such generating vibration situation is reason of declining stiffness of machine tool structure because of smallizing in size. And this vibration has a large effect on precision of machining products. Therefore, evaluating of the control characteristic is necessary for minimizing vibration of machine tool as much as possible to accomplish precision machining of small-sized parts

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A Study on Structural Relationship among Industrial Environment, Technological Cooperation and Performance of Small and Medium-sized Firms (중소기업의 산업환경, 기술협력 및 성과간의 구조적 관계에 관한 연구)

  • Na, Sang-Gyun
    • Journal of the Korea Safety Management & Science
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    • v.11 no.2
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    • pp.223-233
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    • 2009
  • This study was aimed at analyzing the structural relationship among such factors as industrial environment, technological cooperation, technological innovation performance and management performance that are essential to technological innovation of small and medium-sized companies. For this aim, an analysis was conducted to determine which of the factors in industrial environment has impact on technological cooperation of small and medium-sized companies. An empirical analysis was also performance to find what kind of effects the technological cooperation may have on technological innovation and management performance. From the analyses, it became known that: first, changes in industrial environment have influence on technical cooperation factors including production technology, technical information, technical manpower and fund for technology that are assorted by means of factorial analysis; second, the technological cooperation of small and medium-sized companies has impact on their technological innovation performance; and third, the technological cooperation of small and medium-sized companies has impact on management performance.

Case Study on Prevention of Fire/Explosion Accidents caused by Chemical Substances in Small/Medium Sized Construction Sites (중소규모 건설현장 화학물질로 인한 화재·폭발 재해예방 사례연구)

  • Shin, Woonchul;Kwon, Jun Hyuk;Lee, Yong Soo
    • Journal of the Korea Safety Management & Science
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    • v.16 no.3
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    • pp.63-70
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    • 2014
  • There has been an increase in fire/explosion accidents caused by chemical substances used in new small/medium sized construction, reconstruction, or extension sites. There is vast room for improvement, especially in safety training, safety inspection, and selection of countermeasures because training, technicality, and management systems regarding fire/explosion risks in small/medium sized construction sites are very immature in most cases. The purpose of this study is to propose a differentiated technical, educational, and management application plan for preventative management of fire/explosion accidents caused by chemical substances used in small/medium sized construction sites.

A Simplified MES Implementation for Small-sized Manufacturing Industries with EXCEL VBA (EXCEL VBA를 이용한 중소제조업체용 간이형 MES 구축)

  • Park, Jeong-Hyeon;Yoshida, Atsunori
    • IE interfaces
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    • v.22 no.4
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    • pp.302-311
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    • 2009
  • It's very important to make an effective and optimized production schedule for the small-to-medium-sized factory which have high-variety low-volume manufacturing properties. And now people say that MES is very useful to make scheduling more effectively. But for small-to-medium-sized factory, it is very difficult to build MES system because of fewer infrastructures in the factory, and more to keep it's continuous maintenance and improvement. Therefore it is more important to systematize the production scheduling generation using simpler and easier tools like EXCEL sheet. And it will be needed a new method to make simple MES construction for more efficient production scheduling. This paper proposes the method which can build simple MES easily using a tool of EXCEL VBA for a small-to-medium-sized factory, and introduces an applied case by the proposed method and EXCEL VBA.

Developing A System for Evaluating and Directing Informatization in Small and Medium-sized Enterprises (중소기업 정보화 진단시스템 개발에 관한 연구)

  • 김진수;김정태
    • Journal of Information Technology Applications and Management
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    • v.9 no.4
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    • pp.103-126
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    • 2002
  • Information technology becomes more important to small and medium-sized enterprises. Due to the limit of manpower and capital investment in small and medium sized enterprises, how to successfully implement information systems is very critical issue. Previous research shows that lack of systematic methodology for evaluating and directing informatization is a major obstacle for successful implementaion of information systems. This study developed the methodology for evaluating and directing informatization in small and medium-sized enterprises. Empirical study has been conducted to find out major measurement of evaluation as well as validate the model. Finally the systematic guideline, evaluating information level and directing informatization, has been developed in order to help enterprises successfully implement information systems.

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Strategy of Inventory and Inspect of small-to-medium-sized Enterprises which are getting Orders from Large Enterprises using JIT(just in time) System (JIT형의 기업에 납품하는 중소기업의 재고 및 검사 전략)

  • Ree, Sang-Bok;Ahn, Hae-Il;Kim, Kuk
    • IE interfaces
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    • v.13 no.4
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    • pp.584-590
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    • 2000
  • In this paper, we analyze the inventory and inspect cost of small-to-medium-sized enterprises which are getting orders from large enterprises using JIT(just in time) system. So far, we have not found the good inventory and inspect cost formula for the small-to-medium-sized enterprises. In this paper, we first survey the inventory and inspect strategy and cost formula of the small-to-medium-sized enterprises in this country. We are trying to mathematical modelling of several cases depending on the inventory and inspect strategy of large enterprises. We suggest inventory and inspect several cost formula by using the method minimizing the total cost of the small-to-medium-sized enterprises. We also give some numerical examples for your understanding.

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A Basic Study on the Model Development of Quantitative Risk Assessment for Small and Medium-sized Construction Sites. (중소형 건설사업장의 위험 정량화 모델 개발을 위한 기초 연구)

  • Lee, Ji-yeob;Bat, Bagana;Son, Kiyoung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2022.04a
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    • pp.206-207
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    • 2022
  • Currently, safety accidents in construction area are managed regardless of the size. Therefore, the objective of this study is to conduct for developing the quantitative risk assessment according to large and small and medium-sized construction sites. The scope of this study is limited to the fall accidents which is the biggest accidents in the construction sites. the regression analysis was conducted based on the collected data. As a result, it was confirmed that there was a statistically significant difference between larce and small and medium-sized construction sites. This study is expected to be used as basic data for research on the development of a risk quantitative model for small and medium-sized construction sites in the future.

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Determinants of Investment Capital Size: A Case of Small and Medium-Sized Enterprises in Vietnam

  • XUAN, Vu Ngoc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.19-27
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    • 2020
  • This research investigates the determinants of investment capital size in Vietnam's small and medium-sized firms. The study employs a sample of 458 small and medium-sized enterprises in the country. The study is based on data collects in the areas of Hanoi, Bac Can, Buon Ma Thuot and Pleiku Provinces at time series data of October 2019. This study also identifies the factors that affect the size of investment capital in medium and small-sized enterprises in Vietnam. Data are processed via STATA 14.0 and SPSS 20.0 software. The research results indicate that (1) business lines, (2) import and export business, (3) type of business registration, (4) business location, (5) operating time, and (6) the percentage of the organization's capital contribution are factors that impact on the size of the investment capital of the business. Business line and business location have negative impacts on investment capital size. The operating time, the percentage of the organization's capital contribution, import and export business, and the type of business registration have positive impacts on investment capital size. In addition, the findings of this study also suggest that the operation time has the highest impact on investment capital size of the small and medium-sized firms in Vietnam.

A Study on the Estimation of Discount Rate for the Technology Valuation of Small-Sized Venture Firm (중소벤처기업의 기술가치평가를 위한 할인율 추정에 관한 연구)

  • Sung, Oong Hyun;Yang, Dong Woo
    • Knowledge Management Research
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    • v.6 no.1
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    • pp.19-32
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    • 2005
  • The reliability of technology valuation depends on, among other things, the reliability of the discount rate estimate. The weighted average cost of capital, generally accepted as discount rate, consists of cost of equity and cost of debt. The model used to estimate the cost of equity for publicly traded firms can not be used directly for small-sized venture firms. In addition, the estimation of cost of debt become very difficult, given the limited and volatile price history, because these small-sized venture firms do not have associated credit ratings. Since two kinds of cost of capital for the small-sized venture firms can not be estimated directly from market data, this study suggests statistical frame works for estimating unknown two kinds of cost of capital. The estimates of underlying cost of capital will help determine the size of appropriate discount rate with logical and scientific way when the technology valuation for small-sized venture firms is made. This study also suggests the necessity of the risk premium for the technology competitiveness to improve the estimation of the appropriate discount rate for small-sized venture firms.

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