• Title/Summary/Keyword: data envelopment analysis(DEA)

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A Study on the Management Efficiency Analysis of Manufacturing Industry (제조기업의 경영효율성 분석에 관한 연구 -자동차 부품산업 중심으로-)

  • 박정현;김원중
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.25 no.5
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    • pp.22-30
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    • 2002
  • Our study emphasizes the importance of the review of the manufacturing industry in order help them make right decision and despite many previous methods for analyzing productivity, we were coming to analyze the efficiency of the industry with Date Envelopment Analysis(DEA). Conclusively, only 4 companies is found to manage their companies effectively among 20 top-ranking companies and there was no any correlation and through the result we could realize that the result analyzed by "DEA" don't exactly match financial rates which means that corporation's management is inefficient. We are quite sure that our study can be approved materials for Benchmarking and Management establishing strategic plan.egic plan.

Efficiency in the Provision of Library Services Using Data Envelopment Analysis (DEA를 이용한 공공도서관의 효율성 평가: 정보서비스 활동을 중심으로)

  • Kim Sun-Ae
    • Journal of the Korean Society for Library and Information Science
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    • v.39 no.1
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    • pp.221-239
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    • 2005
  • This Paper assesses the relative efficiency of public library services by examining the relationship between library inputs and library outputs in library systems. Using Data Envelopment Analysis, this study derives efficiency scores in the provision of library services for 21 public libraries in Seoul. The data are survey observations for 2002. We employ total holdings, total serials, and total acquisitions as inputs, and total circulations and reader visits as outputs. The result shows that the subject libraries operate at just $71\%$ efficiency, i.e., inputs could be reduced by one-three without sacrificing output if all libraries were as efficient as the benchmark 4 identified by DEA. Too many total collections are the main source of inefficiency.

Analyzing Efficiency in the Seoul's Urban Bus Industry Using Data Envelopment Analysis (자료포락분석기법(DEA)을 이용한 서울 시내버스운송업의 효율성 분석)

  • 오미영;김성수;김민정
    • Journal of Korean Society of Transportation
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    • v.20 no.2
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    • pp.59-68
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    • 2002
  • Using 1996 annual observations for 69 bus firms in Seoul, this paper measures firm-level efficiency with data envelopment analysis(DEA) and identifies firm characteristics indicative of differential efficiency in these firms with Tobit regression analysis. The paper then conceptualizes that these firms produce two kinds of output(city/seat bus kilometers or city/seat bus Passengers) using four inputs (labor vehicle, fuel and maintenance). The findings show that, on an average, these firms have only a little input saving potential of 0.9 percent, while not a little output increasing potential of 12.9 percent. On the other hand, it is discovered that these firms operate more efficiently with a lower ratio of maintenance employees to total employees. Furthermore, it appears that both the ratio of seat buses to total buses and average speeds positively affect efficiency in this industry.

The Influence of Efficient Container Terminals Using DEA and SNA (DEA와 SNA를 이용한 효율적인 컨테이너 터미널의 영향력에 관한 연구)

  • Son, Yong-Jung
    • Journal of Korea Port Economic Association
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    • v.31 no.3
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    • pp.155-166
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    • 2015
  • This study selected container terminals of Gwangyang and Busan Ports to evaluate the influence of efficient container terminals. For the study, after data envelopment analysis (DEA) using the CCR and BCC models, the decision-making unit (DMU) system was used to define nodes; and with the use of a reference group in DEA (BCC model) and a lambda value, this study created a social network and analyzed the influences of efficient DMUs through a centrality analysis of eigenvectors. The results are presented as follows: First, as a result of the DEA, CCR efficiencies in PNC, HJNC, and HPNT container terminals of Busan Port were 1 and BCC efficiencies at Singamman Terminal, Wooam Terminal, PNC, HJNC, HPNT, and BNCT container terminals of Busan Port were 1. Second, as a result of undertaking social network analysis (SNA), according to an eigenvector centrality analysis, HJNC Terminal was referred to the most (influence score of 0.515), which indicates that it is the most influential as a container terminal. The influence of PNC Terminal was 0.512, while that of Wooam Terminal was 0.379. CJ Korea Express in Gwangyang Port was ranked fourth in influence, but its influence score of 0.256 indicates that it was the most influential of the container terminals at Gwangyang Port.

A Reviews on the Performance Evaluation Based on Network Analysis and Super-Efficiency Analysis (연결망분석과 초효율성분석의 결합을 통한 효율성 순위 측정에 관한 고찰)

  • Choi, Kyoung-Ho;Kwag, Hee-Jong
    • Journal of Digital Convergence
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    • v.11 no.10
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    • pp.255-262
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    • 2013
  • Data envelopment analysis(DEA) is a linear programming procedure designed to evaluate the relative efficiency of a set of peer entities called decision making units which use the same inputs to produce the same outputs. It has been widely employed in a variety of disciplines as an efficiency or performance measurement tool for comparing a set of entities such as firms, banks, hospitals, nations and organizations. The method, however, cant's make the priority of their performance when many units have efficiency score of unity or 100 percent. In this paper, we propose a new approach which combine qualitative method(graphical approach using network analysis) and quantitative method(super-efficient analysis using DEA), and present the results of an empirical analysis using the data of the Korean professional baseball players. As a result, there were 12 DMU that priority is hardly realized through DEA. However, this problem could be solved with super-efficiency analyzing. Also, more in-depth interpretation was able through integrating results of dendrogram and super-efficiency analyzing and prospecting it in qualitative, quantitative ways.

Education Efficiency Analysis of Architectural Design Firms Using a Combined AHP and DEA Model (DEA/AHP 결합모형을 이용한 건축 설계사무소의 교육효율성 분석)

  • Seo, Hee-Chang;Oh, Jung-Keun;Kim, Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.3
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    • pp.78-87
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    • 2013
  • The modern society has been drastically changed from the industrial economic society to the knowledge based society, to catch up with the knowledge and the change of technology required for the modern people, the people can not live in the modern society without the continued study or education. In case of architectural design firm, it is concentrating on the productivity of enterprise by cultivating the working level through the self education focused on the improvement of inner capacity. In connection with this, the efficiency of enterprises are analyzed by carrying out the Data Envelopment Analysis(DEA) utilizing the financial ratio index in the various field of industries recently, the analysis study for the efficiency utilizing DEA is increased in the construction industries as well. However, in case of construction industries, the study focused on the efficiency of administration only has been progressed, it is the real situation that the approach for the analysis of education efficiency of each enterprise is very insufficient. Therefore, this study analyzed the education efficiency of architectural design firm after the selection of input and output variables by utilizing the DEA model and utilizing the AHP analysis technique by deducting the variables through the preceding study in relation to the education efficiency and the interview with the specialists.

Measuring the Efficiency of Investment in the Deployment and Technology Development of Renewable Energy in Korea Using the DEA (DEA를 이용한 국내 신재생에너지 보급 및 기술개발 투자의 효율성 분석)

  • Kim, Hong-Hee;Lee, Deok-Joo;Kim, Kyung-Taek;Park, Sung-Joon
    • Journal of Korean Institute of Industrial Engineers
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    • v.40 no.4
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    • pp.358-365
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    • 2014
  • The purpose of this paper is to analyze the efficiency of government investment in the deployment and technological development of three technological areas - wind power, photovoltaic and fuel cell - of renewable energy in Korea using the DEA (data envelopment analysis). The efficiencies of government investment in renewable energies are measured and compared among three kinds of technologies using the actual data during 2007~2009. In the present DEA model, R&D investment and government subsidies for renewable energy usage promotion are selected as input variables, and the number of patents, supply level, and the production cost as output variable. As a result, it is found that the wind power is the most efficient renewable energy in Korea in the perspective of the efficiency of government investment.

Evaluating the Operational Efficiencies of Local Universities Using DEA Approach (자료포락분석을 이용한 지역대학의 효율성분석)

  • Choi, Kyoung Ho;Ahn, Jeong Yong
    • The Korean Journal of Applied Statistics
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    • v.26 no.1
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    • pp.49-58
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    • 2013
  • Data envelopment analysis is a relatively new data oriented approach to evaluate the performance of a set of peer entities called decision making units which convert multiple inputs into multiple outputs. It has been extensively applied in performance evaluation and benchmarking entities such as hospitals, universities, cities, courts, and business firms. This study provides the evaluating results of the operational efficiencies of local universities using a DEA approach. In addition, we explore the difference of the efficiency between regional flagship national universities and non-flagships.

Measuring the Technical Efficiency in Railway Transport using Data Envelopment Analysis (DEA기법을 이용한 철도수송의 효율성 측정)

  • Kim, Hyun-Woong;Kook, Kwang-Ho
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.730-736
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    • 2009
  • The objective of this paper is to measure the relative technical efficiency of Korean railway transport service. Previous studies on the efficiency in Korean railway service have carried out before the structural reform of Korean railway industry in 2004, whereas this study used the latest data which reflected the impact of reform. We analyzed the efficiency in Korean railway transport by means of measuring the technical efficiencies of other countries, these were estimated with data envelopment analysis. DEA has gained great popularity in measuring efficiency in transport industry, school, government, hospital and so on in recent years. This analysis could serve as peer to help improve performance of the railway management and operation.

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Exploring the Relationship between Foreign Ownership, Innovation and Firm Value: A Korean Perspective

  • Ryu, Sang-Lyul;Sawng, Yeong-wha;Park, Seunglak;Won, Jayoun
    • Journal of Korea Trade
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    • v.25 no.7
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    • pp.19-40
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    • 2021
  • Purpose - This paper's purpose is to investigate how foreign ownership and innovation affect firm value. Design/methodology - Firm innovation is defined as operational efficiency, which is calculated by adopting data envelopment analysis (DEA). Additionally, R&D intensity is included as a measure of innovation in the analysis. We used firm-level data from manufacturing companies in Korea. The sample comprised 3,753 firm-year observations for every year in the period 2003-2017. Findings - We found that foreign ownership and innovation are positively related to firm value (Tobin's Q). Foreign ownership moderates innovation's contribution to firm value, implying that foreign ownership may enhance the value relevance of firm innovation. In addition, we found that firm innovation partially mediates the relationship between foreign ownership and firm value. Originality/value - This highlights the important role of foreign investors' monitoring; wherein foreign investors enhance firm value by facilitating firm innovation. Our results suggest that foreign ownership can be crucial for innovation and may serve to address weak ownership structures.