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

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ANALYSIS ON THE EVALUATION OF PROJECT EFFICIENCY BASED ON BUDGET EXECUTION: PLANNED OUTAGE MAINTENANCE (POM) FOR ELECTRICITY POWER PLANT

  • Sungkon Moon;Sangwon Han;Myoungwon Kang
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.66-73
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    • 2011
  • With rapid industrialization, electric power consumption has been increasing every year in Korea and in other countries. The provision of additional power stations to produce more electricity is one possible response to this steady increase in consumption. Another alternative is to improve the efficiency of existing stations through timely and effective maintenance works. Since the construction of a new power plant involves a large amount of capital as well as difficulties in the selection of sites, the improvement of existing power stations' efficiencies is often a preferred solution. Therefore, this paper focuses on maintenance project management to address this issue. Among several types of maintenance works, this paper concentrates on planned outage maintenance (POM). This focus arises from the critical impact of POM on other maintenance work, as well as the entire process of electricity production. Unlike other maintenance work, POM is done on the basis of mid and long-term plans. In addition, only POM works are conducted during the outage of all power plants. To evaluate the efficiency of POM works, budget data relating to 164 POM projects between 2001 and 2008 was collected from 7 sites in South Korea. Data envelopment analysis (DEA) was selected as a methodology for evaluation. From this analysis, comparative study was used to determine the categories of projects that had performed well, and those with the most optimized budget structures. Moreover, through discussion with industry, this research develops a feasible proposed method by which to enhance the efficiency of POM projects.

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An analysis on the competitiveness for port facilities in Chinese major ports (중국 환발해만 항만시설의 경쟁력 분석)

  • Park, Chong-Don
    • International Commerce and Information Review
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    • v.9 no.3
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    • pp.255-271
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    • 2007
  • It is widely acknowledged that Chinese economy becomes a center of world economy and takes up a considerable portion of the trade in Northeastern Asia. Due to the investment and the logistics modernization strategy of Chinese government, recognizing the importance of logistics, the competitiveness of Chinese major ports is tending upward rapidly. Therefore, it is necessary to analyze the competitiveness of Chinese major ports in order to develop the logistics strategy of Korea by cooperating or competing with Chinese ports. In this study, we analyzed the competitiveness of 10 major Chinese ports with Data Envelopment Analysis(DEA). Through the analysis, we could investigate the efficiency of 10 major Chinese ports and figure out the trend of the efficiency within recent 10 years. In order for Korea to achieve the national strategic goal, becoming a logistics hub in East Asia, it is obvious to understand the competitiveness of Chinese major ports which are major competitor and strategic partner at the same time. This study will be useful to understand the competitiveness of Chinese ports and to develop a logistics hub strategy of Korea.

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Efficiency Analysis of Port Companies in China Using DEA and the Malmquist Method

  • He, Wenjun;Ma, Hye-Min;Yeo, Gi-Tae
    • Journal of Navigation and Port Research
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    • v.41 no.5
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    • pp.319-328
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    • 2017
  • The efficiency of port operations is an important indicator of port development. Moreover, there is excess handling capacity in Chinese ports, which results in a slower speed of development. Under the detrimental environment of the international shipping market, it is necessary to improve the operation efficiency of ports for long-term development. This paper provides an assessment of the competitiveness of Chinese seaport companies using the Boston Consulting Group's matrix, and efficiency measurements using a data envelopment analysis and the Malmquist method. This analysis showed that highly efficient companies reformed their development strategies, which should be a solution considered by less efficient companies, such as Shenzhen Yan Tian Port Holdings Co., Ltd.. Although, having high throughput should be reformed in the investment structure. This research will assist port companies in gaining effective operating experience, and governments in establishing strategic planning to enhance the efficiency of port development.

A Study on Productivity and Efficiency Comparative Analysis of Container Terminal (국내 항만배후단지 효율성 및 생산성 비교 분석)

  • Min-Seop Sim;Do-Yeon Ha;Yul-Seong Kim
    • Journal of Navigation and Port Research
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    • v.48 no.1
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    • pp.17-26
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    • 2024
  • Port distripark can activate more functions. It is adjacent to a port. However, domestic port distripark is still limited to support port because of the shortage of infrastructure facilities, government policy, and investment. Therefore, this study tried to investigate the operation status of domestic port distripark and derive policy implications by conducting DEA analysis and productivity analysis based on internal data of each port distripark. As a result of Data Envelopment analysis, it was found that the west port distripark of Gwangwang and the northern port distripark of Incheon were efficient in the warehouse industry while the northern port distripark of Incheon and the Ulsan 1 port distripark were efficient in the manufacturing industry. In addition, in the case of foreign investment productivity, the west side port distripark of Gwangyang and the stage 1 port distripark of Pyeongtaek Dangjin were found to be higher than the others. In the case of facility investment productivity, the port distripark on the west side of Gwangyang and the north side of Incheon had the highest productivity. Lastly, in the case of labor productivity, the north side of Incheon and Busan ungdong port distripark showed the highest productivity. These results imply that it is important to review handling item when picking up enterprises in the port distripark for enhancing efficiency, foreign investment, and facility investment. The number of employees is not directly affecting the productivity improvement.

A Comparative Study on Efficiency of Technologically Innovative Activities between Manufacturing and Service Industries Using DEA (DEA를 활용한 제조 및 서비스 산업의 기술혁신활동 효율성 비교 연구)

  • Suh, Yong-Yoon;Kim, Moon-Soo
    • IE interfaces
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    • v.24 no.4
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    • pp.330-340
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    • 2011
  • This research aims at conducting a comparative study on the relative efficiency of technologically innovative activities between manufacturing and service industries using data envelopment analysis (DEA). First, as an individual approach, efficiency of technologically innovative activities between manufacturing and service industries is separately evaluated. The results show that efficiency of both industries is similarly low, but patterns of technologically innovative activities differ from each other. Manufacturing industries usually do innovation focusing on various outputs with a single input, whereas service industries tend to do innovation emphasizing on a single output with mixed inputs. Second, as a holistic approach to both industries, efficiency is collectively assessed. The analysis demonstrates that efficiency of service industries is higher than that of manufacturing industries, and there are similar patterns of technologically innovative activities between both manufacturing and service industries. This study provides industrial managers with policy implications based on similarities and differences between manufacturing and service industries.

A Study on an Evaluation Method for LCD TV Products Using Axiomatic Design based Hybrid AHP/DEA Model (공리적 설계 기반의 AHP/DEA 혼합모형을 이용한 LCD TV평가방법에 관한 연구)

  • Choi, Min-Soo;Kim, Woo-Je;Cho, Hyun-Ki;Park, Se-Jung
    • Korean Management Science Review
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    • v.29 no.1
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    • pp.33-56
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    • 2012
  • Domestic LCD TV market is composed of two groups of products produced by major firms and small and medium enterprises. The major companies make the price relatively high, but the other makes lower in the same sizes. The model of the low price products does not make consumers choice when they choose LCD TV. This makes the questions of capability between difference price products. The reason above mentioned, the firms that include group of comparatively lower price, are worried about not increasing sale because of prejudice. This study is to find any interrelationship and evaluate the efficiency between the products using performance, exterior and brand power of product. In order to do this, a hybrid AHP/DEA evaluation model for comparison/valuation of LCD TV products is developed. The proposed process is; first, to derive hierarchy structure of LCD TV evaluation criteria using axiomatic design, second, to calculate the score of each LCD TV product through AHP analysis including weight calculation of evaluation criteria, and last, to evaluate the efficiency of LCD TV product by applying DEA by defining product scores as output and prices as input. It concludes that the high price products shows good efficiency, but there are some products with good exterior and brand power, not performance, also presenting good efficiency.

A Study on the Development of PSEI and Measurement of Service Efficiency in Public Sector (공공부문의 서비스효율성 측정 및 지수개발에 관한 연구)

  • Song, Gwag-Suk;Baek, Pil-Ki;Yoo, Han-Joo
    • Journal of Korean Society for Quality Management
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    • v.37 no.4
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    • pp.100-110
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    • 2009
  • The customer-driven efficiency evaluation has been in the mainstream of public administration research, since the 1980s. However, there have been relatively fewer efficiency evaluation research in public administration compared to those of public institutions. This paper is to analyze the service efficiency of public sector using Data Envelopment Analysis(DEA). We suggested two stage DEA model to accomplish efficiency evaluation that an operation and performance characteristic of the public institution were reflected and then the number of the government employee and tax expenditure per residents were used as the input elements at the 1st stage and four integrated service dimensions were used as the output elements. At 2nd stage, four integrated service dimensions and citizen's satisfaction were used as the input and output elements respectively. In addition, we suggested PSEI(Public Service Efficiency Index) which showed the efficiency of the public sector using the two stages efficiency result. According to the results for '07, there were no efficient institutions among 15 DMUs and the most efficient public institution was K(0.9150). In case for '08 analysis, there was only one efficient DMU.

Measuring Efficiency of HMR Franchise Restaurants Using DEA (DEA를 이용한 가정식사대용식 프랜차이즈 매장 효율성 측정)

  • Choi, Sung-sik;Woo, Dae-IL
    • The Korean Journal of Franchise Management
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    • v.6 no.1
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    • pp.1-20
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    • 2015
  • Home Meal Replacement (HMR) products are ready-to-eat or pre-cooked food products that are consumed at daily home. HMR market has grown rapidly due to societal changes: increases in female social activities, silver population, and one-person households. Consumption channels of HMR can be classified into take-out, delivery, and retail. In Korean HMR market, retail sector is largely growing, but companies are focusing their business on the home delivery sector. Moreover, franchise companies are expanding their areal coverage in the HMR market based on their multi-unit strategy. However, more research on the HMR market is needed as existing studies are limited in conceptualization, classification, and processed food from malls or home-shopping channels. Therefore, we conducted the efficiency analysis on Gukseonsaeng, one of franchises that applied the take-out channel, using DEA method. According to the research on 29 franchisees of Gukseonsaeng, 77.9% of input appeared inefficient for technical efficiency, while 53.3% of input appeared inefficient for scale efficiency. Thus, we found that franchises of Gukseonsaeng are structured in increasing returns to scale (IRS), so enhancing efficiency by expanding scales need to be implemented.

Assessment of fishing power and fishing capacity of the snow crab (Chionoecetes opilio) gillnet fishery in the East Sea (동해안 대게 자망어업의 어획 성능 및 어획 능력 평가)

  • Lee, Kyoung-Hoon;Kim, Pyung-Kwan;Kim, Do-Hoon;An, Heui-Chun;Lee, Chun-Woo
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.48 no.1
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    • pp.29-39
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    • 2012
  • Currently, environment-friendly and sustainable fisheries are one of the major issues among fisheries authorities. A variety of alternative management policies and projects are going on to enhance fisheries management systems and fishery resources such as a TAC management program and a VDS (Vessel Day Scheme) management scheme for distant water fishing nations in Western and Central Pacific Fisheries Commission (WCPFC) convention area. These kinds of efforts among fisheries management authorities are aimed at limiting fishing capacity or fishing power. In terms of fisheries management, Fishing capacity and fishing power have increased the importance of the impact on a fishery and level of the resources. Increased fishing capacity and fishing power have caused not only depletion of fisheries resource, but also additional fishing cost. therefore, there is a clear need for authorities to manage fishing capacity and fishing power. It is also help ensure the conservation and sustainability of the fishery resources. Because of lack of data, absolute fishing power is difficulty to measure. The notion of relative fishing power is frequently used. In this study, relative fishing power was assessed using Mastuda (1991) method for fishing power index. The raw data for assessment was based on fishermen's logbook data from sampled fishing vessels in coastal snow crab gillnet fishery. Data Envelopment Analysis (DEA) method was used to assess fishing capacity. DEA is a linear programming methodology to measure the efficiency of a set of entities called Decision-Making Units (DMUs). It was recommended by FAO for assessing capacity in fisheries.

Dynamic Efficiency Analysis of Korean HRD Programs using Data Envelopment Analysis (DEA 방법론 활용을 통한 국가 HRD사업에 대한 동태적 효율성 분석)

  • Lee, Jung-Mann
    • Journal of Digital Convergence
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    • v.10 no.2
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    • pp.63-71
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    • 2012
  • This paper investigates efficiency analysis to IT HRD programs in the dynamic perspective. First, empirical result shows that government fund of IT research center is significantly associated with SCI thesis and the more trial goods and SW development is connected with the more patent and technology transfer. Second, ITRC program has been operated efficiently since 2000. Finally, dynamic efficiency analysis implicates that ITRC program is more efficient than other IT SoC program and foreign student support program. The reason why ITRC program is more efficient is generated not from the effect of imitation by catch-up strategy to developed HRD programs, but new operation system introducing and utilizing HRD performance system.