• Title/Summary/Keyword: cost efficiency

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The Efficiency and Business Strategy of Contract-Foodservice Operations using Data Envelopment Analysis (DEA기법을 도입한 위탁 급식 점포의 효율성과 사업 전략에 관한 연구)

  • Choi, Kyu-Wan;Park, Ju-Yeon
    • Journal of the East Asian Society of Dietary Life
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    • v.17 no.5
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    • pp.727-737
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    • 2007
  • The aims of this study was to suggest a new efficiency measurement indicator for evaluating the management efficiency of decision making units(DMUs) in the contract foodservice industry. The data envelopment analysis(DEA) model which considers multiple inputs and outputs and looking for benchmarks, was used to compare the productivity of DMUs. We considered sales, profits, and customer satisfaction as output variables and it adopted food cost, labor cost and administrative expense as input variables. The results of applying DEA revealed relatively efficient types of business and service types. The efficiency of school units was highest and the mired service type was the most efficient one. In this study the CCR model efficiency was analysed with profit and the customer satisfaction index by the matrix method. DEA efficiency was correlated with profit but there was no correlation between DEA efficiency and the customer satisfaction index.

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Improving the Efficiency of Marketing Channel between a Wholesaler and a Retailer with Uncertain Characteristics

  • Lee, Kyung-Keun
    • Journal of the Korean Operations Research and Management Science Society
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    • v.19 no.1
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    • pp.169-187
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    • 1994
  • The efficiency of marketing channel of distribution between a sholesaler and a retailer with uncertain characteristics can be improved by influencing the retailer's ordering pattern. The wholesaler with large unit invetory holding cost can offer a large quantity discount tanks to the great benefit which comes from the transfer of part of his inventory to retailer. The retailer's increasing average inventory holding cost can be offset by the quantity discount and by savings of the ordering cost. Conditions under which marketing channel improvement can be possible are derived.

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Efficiency of Design Changes by Comparing the Availability of Excel and the Cost-of-construction Program (엑셀과 적산프로그램의 가용성 비교를 통한 설계변경 업무의 효율성 방안)

  • Ryu, BoHyeun;Jeon, SangHoon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.325-326
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    • 2021
  • Design changes are inevitable areas of work for construction engineers as they occur frequently in the construction site, and are becoming a technical measure of the technical person to the design change. In this study, the purpose is to analyze by comparing the availability of excel and the enscised program during design changes through the case, and to present the efficiency of the the Cost-of-construction Program.

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Knowledge Structure for Cost Estimates Based on Standardized Cost Database (원가산정을 위한 표준분류체계 활용한 지식체계 개발)

  • Im, Haekyung;Kang, Namhee;Choi, Jaehyun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2016.05a
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    • pp.235-236
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    • 2016
  • The importance of construction management has been increasing due to the fact that complex construction projects blend several different industries depending on the traits of the construction. This research was conducted to search for a method to enhance efficiency in cost management of construction project and meet the need for reusability of accumulated construction information. The process of detailed estimation and methodology for using standard unit price information has been developed to strengthen the interoperability in cost information by utilizing a standard classification system. The concept of ontology is proposed as a method of connecting construction information based on a standard breakdown structure to increasing the connectivity of the cost information in the construction project. Therefore, construction information knowledge framework is developed in order to improve the efficiency of the detailed estimation work process.

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Measuring Allocntive Performance by using DEA Model when price and cost data are available (가격$\cdot$원가정보가 주어진 경우 배분적 성과를 측정하기 위한 DEA모형의 설계)

  • 오동일
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.5 no.2
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    • pp.191-196
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    • 2004
  • Allocative efficiency measures the extents to which the technically efficient units falls shorts of achieving minimal cost. By using this measure manager can make decision about how to redistribute organizational resources to improve price efficiency. Allocative and overall efficiency are derived on the basis of budget line and cost minimization concept. The purpose of this study is to introduce the concept of allocative efficiency and propose two modified DEA models. Examples are provided to illustrate the similarities and the application procedure of the two model. By providing example and tracing the data application procedure, we found the same results but some cautions are needed to interpret the valuation.

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A Study on the Evaluation of Energy Consumption of the Air Compressor (공기압축기 소비에너지 평가에 관한 연구)

  • Jang, Ji Seong
    • Journal of Drive and Control
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    • v.17 no.2
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    • pp.38-44
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    • 2020
  • Various efforts have been initiated to reduce the energy consumption of the compressor as it is one of the approaches to saving a large portion of the fixed cost of the production site. Various results of reducing the energy consumption of the compressor have been reported, but to reduce the energy consumption of the compressors fundamentally, regular management of the compressor should ensure optimum operation. This requires periodic on-site visits by experts, but is often overlooked as a cost issue, resulting in the use of the compressor in low-efficiency conditions. Thus, it is necessary to develop a low-cost evaluation technology for compressor condition monitoring and efficiency analysis to ensure that the compressor is always driven at the optimum efficiency without imposing undue burden on the compressor user. In this study, a sensor was installed at the inlet, outlet, and power supply of the compressor, and a method for evaluating the energy consumption of the compressor using the minimum sensor was derived. The experimental results are presented to show the validity of the proposed method. It was confirmed that the energy consumption of the compressor can be easily as well as efficiently evaluated by using the method developed in this study.

A Discourse on the Economic Efficiency of Information (정보의 경제성에 관한 담론)

  • Ko, Young-Man
    • Journal of the Korean Society for Library and Information Science
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    • v.37 no.4
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    • pp.53-68
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    • 2003
  • This study is an attempt to re-examination of information value and it´s economic efficiency from the viewpoint of information science. This study focuses on the analysis of the considerable discussions about added value of information and cost-benefit analysis of information. This study shows that the researches of information value or value-added information have dealt with the effect of information use and the measuring information efficiency concerns cost-benefit analysis of information services. A case study on ‘the national digital library program’ is also demonstrated as a pilot model for the cost-benefit analysis of information services.

Efficiency Assessment of Bank Branches: An Analysis Process Using DEA Model and Case Analysis (은행 지점의 효율성 평가: DEA 모형을 이용한 분석 절차 및 사례 분석)

  • 윤석진;서우종;정재우
    • Journal of the Korean Operations Research and Management Science Society
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    • v.26 no.3
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    • pp.39-52
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    • 2001
  • Recently, the assessment of a bank efficiency focusing on its branches has been conceived as important in developing a competitive strategy. DEA (Data Envelopment Analysis) model can be employed as an effective analysis model for such an assessment. Therefore, this paper proposes an analysis process using DEA model to conduct an efficiency assessment of bank branches. The proposed process includes a segmentation of branches considering their competitive environment and strategy for target market : this approach can help to develop effective strategies for each group of branches. The proposed DEA model can analyze efficiency in terms of not only cost but also marketing. Finally, a real case is analyzed, demonstrating the effectiveness of the proposed model and process.

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Economical Efficiency Evaluation of the Cold Storage Warehouse with Various Envelope Structures (냉동냉장창고 외피구조 유형별 경제성 평가)

  • 송승영;석호태;황혜주;안홍섭
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.13 no.11
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    • pp.1156-1164
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    • 2001
  • This study aims to suggest envelope structure which can improve the insulation performance of cold storage warehouse with cost effectiveness. Envelope structures are classified and economical efficiency of each type is evaluated to the model warehouse. As results, type 3 (PC wall) and 4(sandwich panel wall) have benefits to the middle/large (lifetime of 25 years) and small (lifetime of 12∼13 years) warehouse, respectively.

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A Study on the Management Efficiency of 'Sindongjin' Rice Farms Used DEA Model (DEA를 이용한 신동진 벼 재배 농가의 경영 효율성 분석)

  • Jin, Xi-Jie;Piao, Shi-Yong;Sun, Yu-Cong;Lee, Jong-In
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.11
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    • pp.61-69
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    • 2020
  • This paper examined the operational efficiency of the new rice variety "Sindongjin" farmed by the Rural Development Administration. Thirty farmers were surveyed in the survey area--Jeonbuk-do Province. The operational efficiency was analyzed by studying the data of these 30 farmers. The operational efficiency of the farmers was analyzed through a survey using the DEA model for analysis. DEA analysis was performed to obtain the technical efficiency of the farmers. The results showed that the DEA technical efficiencies of 12 farmers were efficient, and 18 farmers were inefficient. Farmers No. 13 and No. 25 were representative of inefficiency, and the results show that the cost of input elements was high. An analysis of the determinants of efficiency through the Tobit model found that the operating efficiency increased with decreasing variable costs (Seed costs, By-product fertilizer costs, General fertilizer cost, Pesticides cost, Cost of water, electricity, gas, and Cost of small farm implements) and fixed costs (Repair cost and Other costs). There is a problem of excess input from farmers, and these input costs need to be reduced.