• Title/Summary/Keyword: Total Factors Productivity

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Reinforced-Concrete Works Productivity Analysis on Nuclear-Power-Plant Project

  • Lim, Jin-Ho;Huh, Young-Ki;Oh, Jae-Hun;Seo, Hyeon-Taek
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.600-601
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    • 2015
  • Both the importance and process of estimating Nuclear-power plant construction time and cost have increased in significance as energy user costs themselves have become more significant. In estimating construction time, few parameters are more significant than work item production rates and factors significantly affecting the rates. A standardized data collection tool was used to acquire a total of 401 data points from a S Nuclear-power plant project, for selected critical works: form-work, rebar-work, and concrete-pouring. With the data, several hypothesized drivers of the man-hour production rates and crew-day production rates were also analyzed. Findings from this study will enable industry professionals to enhance accuracy of time and cost estimation for nuclear power plant construction.

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Long-Term Growth Model in Myanmar Based on the Growth Trajectory of Vietnam

  • JEON, Injae;CHO, Yooncheong
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.771-781
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    • 2021
  • The purpose of this study is to identify major drivers of Myanmar's long-term economic growth and draw implications to implement development policies. This study investigated Myanmar, as the country is the most recently opened economy in Southeast Asia. This study conducted simulation analysis based on scenarios by applying World Bank's Long-Term Growth Model, Penn World Table 9.1, and World Development Indicator data. This study makes extensive use of LTGM and the LTGM-TFP extension to improve the validity of models for data calibration. This study confirms the validity of the model with data calibration and specifies scenarios for simulation analyses by setting the growth trajectory of Vietnam due to common geographical, political, and economic conditions. Main findings include that Myanmar's economic growth rate will continue to fall below 3% in 2040 without proper improvement of growth drivers. The results of this study also provide that total factor productivity growth and female labor participation are key factors for Myanmar's long-term economic growth. This study advises policymakers in Myanmar to strengthen human capital, which is crucial for total factor productivity growth in Myanmar's context and directly affects economic growth. Further, labor market policies to promote female labor participation is important to sustain economic growth.

Drivers of Crop Productivity and Resource Use Efficiencies in Apple between Western and Eastern States in the US

  • Kim, Soo-Hyung
    • Proceedings of The Korean Society of Agricultural and Forest Meteorology Conference
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    • 2015.08a
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    • pp.18-28
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    • 2015
  • Apple is cultivated under various climatic conditions in many parts of the world. Better understanding of how climate, genotype, soil, and management factors interact to determine crop productivity will improve our ability to optimize crop selection, management strategies, and resource use efficiencies. We developed and applied a physiology-based apple canopy model to evaluate how climatic factors and crop phenotypes interact to determine biomass accumulation, radiation use efficiency (RUE), and water use efficiency (WUE) at multiple production sites between western and eastern states of the US including WA, CA, NY, WV, and PA. Our results indicate that solar radiation is a dominant factor limiting biomass production in the eastern states while VPD is the primary factor governing crop water use across eastern and western states during the peak growing season. Crop RUE and WUE were strongly correlated in the western states but not in the eastern states while VPD showed highly negative correlation with both RUE and WUE across all locations. The RUE improved with increasing fraction of diffuse radiation ($f_{df}$) and the $RUE-f_{df}$ relationships revealed distinctive responses between western and eastern states. Overall, the eastern locations exhibited slightly higher RUE and WUE than the western locations. However, overall productivity and total water use were greater in the western states. A clear decline of productivity with increasing temperature and afternoon VPD past an optimum was predicted in the western locations but this pattern was less clear in the eastern locations. We also discuss potential phenotypes with specific physiological and morphological traits that are differentially suitable for western and eastern locations. Our results provide plausible, spatially explicit explanations and insights to disentangle the complex relationships between crop productivity, resource use efficiencies, phenotype, and climate drivers in apple grown in the US.

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Evaluating the Multi-Period Management Efficiency of Domestic Online-Shopping Companies (DEA와 Malmquist 생산성지수를 이용한 우리나라 온라인쇼핑업체의 다기간 경영 효율성 분석)

  • Ma, Jin-Hee;Ja, Yoon-Ho;Ahn, Young-Hyo
    • Journal of Distribution Science
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    • v.13 no.4
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    • pp.45-53
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    • 2015
  • Purpose - Online shopping enables consumers to conveniently purchase products irrespective of the time and place. As a result, several online shopping companies have emerged to cater to this growing market and, therefore, the competition among them has become increasingly intense. This paper evaluates the comparative efficiency of online shopping companies for a multi-year period (2009-2013), in order to help online shopping managers identify major drivers for enhancing management efficiency and the subsequent competitiveness. Research design, data, and methodology - The researchers collected the data from 2009 to 2013 from the distribution yearbook. This paper analyzes the marketability (sales figures), profitability (business profits), and management conditions (net profits) of domestic online shopping enterprises by incorporating information on human resources (number of employees) and material resources (total assets and capital). Therefore, the number of employees, total assets, and capital are selected as input variables, and sales figures, business profits, and net profits as the output variables. In this study, Data Envelopment Analysis (DEA) was used to measure the comparative efficiency of domestic online shopping companies. In addition, the Malmquist Productivity Index was used to evaluate the trend of change of Decision Making Units' (DMUs') efficiency for a multi-year period. Results - First, as of 2013, Interpark (2.415) was found to be the most efficient online shopping enterprise, followed by Aladdin Communications (2.117), Hyundai Home shopping (1.867), Home&Shopping (1.176), NS Home shopping (1.170), Commerce Planet (1.126), CJ O Shopping (1.105), Ebay Korea (1.088), and GS Home Shopping (1.051). Second, this study recognizes how the management efficiency has changed for the period 2009-2013. Third, the lesser the capital and employees, the more are the net profits, and the better is the management efficiency of domestic online shopping companies. Lastly, the productivity of such companies is influenced by endogenous factors rather than exogenous factors such as shifts in business environment and technological advances. Conclusions - DHC Korea influenced various distribution channels to reach customers through the Internet. Consequently, this helped in increasing the awareness about its products, in addition to an increase in sales. These achievements can be attributed to the characteristics of online shopping companies. Although it is easy for these companies to suggest goods for one-off purchases, they however have difficulties in retaining customers. Overcoming this challenge can be one of the ways to benchmark a successful case of an efficient company. For example, an online shopping company can attract customers by developing a corresponding mobile application as a convenient way to shop online. Additionally, they can satisfy customers by quick delivery of purchased products, which is possible by building an effective logistics network. Our study indicates that the productivity of an online shopping company was influenced by endogenous factors driven by improvements in managerial practices rather than exogenous factors. Accordingly, online shopping companies should adopt strategies to improve their operational efficiency rather than sales volume-oriented management.

The Financial Status of Household and Business in the Family Business (가족기업의 가계재정상태와 기업재정상태 분석)

  • 김순미;홍성희
    • Journal of the Korean Home Economics Association
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    • v.38 no.7
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    • pp.13-26
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    • 2000
  • The purpose of this study were to identify the financial status of the home based business, and to analyze the factors effected on it. The sample consisted of 713 self-employed from data of 1998 Korea Household Panel Study, and analyzed into Frequencies, Percentile, t-test, $\varkappa$$^2$-test, and Regression Analysis. The findings showed that the household income and expenditure level of female self-employed was higher than those of male self-employed. In case of financial status of business, male self-employed's net profit was higher than female's and the net profit to total sales ratio of male self-employed was greater than female's. The factors contributing to total expenditure to total income ratio were sex, educational level, future economic expectancy, residence and home ownership of self-employed, while the factor effect on total asset to total debt ratio was only total household income. The Variables of sex, educational level of self- employed, job type of home based business and the number of employees in home based business were associated with net profit to total sales ratio, age and educational level of serif-employed, and job type of home based business was related to total sales to the number of emploees ratio(labor productivity).

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Analyzing Factors Influencing the Introduction of Smart Factory : Focusing on Type of Manager and Firm age (스마트 팩토리 도입에 영향을 미치는 요인 분석 : 경영인 유형과 업력을 중심으로)

  • Lee, Dasol;Boo, Jeman;Jung, Hunsik
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.2
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    • pp.110-119
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    • 2020
  • In order to provide priorities of the factors affecting the introduction of Smart Factory, This study reconstructed the factors and calculated the priorities through AHP (Analytic Hierarchy Process). The first layer of the hierarchy have 4 factors; productivity increase, brand image improve, marketing improve, cost reduction. The second layer of the hierarchy have 3 factors belong to the first layer, so the total number of second layer is 12. We divided the characteristics of enterprises into type of manager and age. The C.R. (consistency ratio) values of the respondents were found to be less than 0.1 and were judged to be a 'reasonable test'. As a result, the weights of the higher layer and the lower layer were obtained respectively, and then the weights of the higher layer and the weights of the lower layer were multiplied to obtain the total weights. Unlike previous studies that only surveyed factors that companies consider when introducing smart factory, (1) weighing and prioritizing factors were achieved. There are differences in priorities, (2) smart factory can be studied with the type of manager and firm age. When establishing policies, it is a practical implication (3) to assess its strategy not only for government officials but also for executives.

Design of Fractional Factorial Experiments with Four-Level Quantitative and Two-Level Factors (4-수준 계량인자가 포함된 2-수준 일부실시 실험계획)

  • Choi, Kiew-Phil;Byun, Jai-Hyun
    • Journal of Korean Institute of Industrial Engineers
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    • v.27 no.4
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    • pp.352-365
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    • 2001
  • Two-level factorial designs are popular in industry due to their simplicity, efficiency, graphical interpretation, and flexibility in sequential experimentation. However, experimenters are often frustrated when they have factors with more than two levels. There have been some works on design of experiments with two- and four-level factors, which mostly deal with qualitative four-level factors. This paper discusses differences between qualitative and quantitative four-level factors. Optimal designs are provided for some designs with four-level quantitative and two-level factors.

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A Study of Product Simulation for Establishing the Optimal Production Scheduling of the Panel line in a Shipyard (조선소 판넬라인의 최적 생산계획 수립을 위한 생산 시뮬레이션 연구)

  • Park, Ju-Yong;Kim, Se-Hwan;Choi, Woo-Hyun
    • Journal of Welding and Joining
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    • v.24 no.5
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    • pp.62-66
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    • 2006
  • Panel line is an important process occupying the largest work amount in shipbuilding. In this research product simulation has been carried out to establish the optimal production scheduling. For this purpose a web-based panel line simulator was developed using an object modeling technology and C# language. The balance of work-load and increase in the productivity by the improvement of production facilities and process are the key factors for a good scheduling. In this study SPRT(Shortest Remaining Process Time) rule was applied for the work-load balancing and a good result achieved. To increase the productivity in the stiffener welding stage which is a bottleneck; process, more welding heads and higher welding speed were tested using the developed simulator. The simulation results showed that either more welding head or higher welding speed decreased the total work time. Use of both, however, deteriorated the productivity because of the bottleneck in the following stage. This result points out that the improvement of production facilities and/or process should be evaluated with their influences on the leading and following processing stage.

Empirical analysis of strategy selection for the technology leading and technology catch-up in the IT industry

  • Byung-Sun Cho;Sang-Sup Cho;Sung-Sik Shin;Gang-hoon Kim
    • ETRI Journal
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    • v.45 no.2
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    • pp.267-276
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    • 2023
  • R&D strategies of companies with low and high technological levels are discussed based on the concept of technology convergence and divergence. However, empirically detecting enterprise technology convergence in the distribution of enterprise technology (total productivity increase) over time and identifying key change factors are challenging. This study used a novel statistical indicator that captures the internal technology distribution change with a single number to clearly measure the technology distribution peak as a change in critical bandwidth for enterprise technology convergence and presented it as evidence of each technology convergence or divergence. Furthermore, this study applied the quantitative technology convergence identification method. Technology convergence appeared from the separation of total corporate productivity distribution of 69 IT companies in Korea in 2019-2020 rather than in 2015-2016. Results indicated that when the total technological level was separated from the technology leading and technology catch-up, IT companies were found to be pursuing R&D strategies for technology catch-up.

An Economic Evaluation of FMS Considering the Safety and Flexibility Factors (FMS에서 유연성과 안전성 요인을 고려한 경제성 평가)

  • 강영식;함효준
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.22 no.51
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    • pp.63-72
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    • 1999
  • Many firms have applied flexible manufacturing systems as a means of increasing productivity, profitability, and quality. Therefore, the purpose of this paper is to develop the more efficient justification model through an analytical scoring model with the quantitative factors, flexibility factors, and safety factors under uncertainty. In this paper, the three factors for properly comparing and evaluating of flexible manufacturing systems are presented. Especially, this paper has emphasized the flexibility and safety factor; the one consists of organization assessment, process treatment function, products and products quantity, useful life assesment, and software function, the other presents risk assesment, Y2K problem, safety device analysis, total productive management system, safety management. Finally, a normalized scoring model by the new flexibility and safety factors can be used in real fields for flexible manufacturing systems project selection under uncertainty.

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