• Title/Summary/Keyword: efficiency of scale

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A Study on the Efficiency Measurement of Vehicles by DEA Method (DEA에 의한 자동차 효율성 비교분석에 관한 연구)

  • Jung, Kyung-Hee;Cho, Jai-Rip
    • Proceedings of the Safety Management and Science Conference
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    • 2008.11a
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    • pp.189-199
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    • 2008
  • It is good to use DEA method as it can measure the efficiency without depending on a specific function like cost function. The method also finds out the most efficient group among the sample groups and gives us a specific number. For example, it shows what kind of factor of inefficient group gives how much input and produces how much output. Originally DEA, which was developed by Charnes, Cooper and Rhodes, allows us not only to measure the relative efficiency of Decision Making Units(DMUs) of non-profit organizations whose success cannot be measured by a single bottom-line figure such as profit but also to integrate several variables, which have different measuring scale, into a single model. Therefore we can use physical scales and financial scales simultaneously in the same model without any transformation process. In this study, price and measurable performance indexes of vehicles are used as input and outputs respectively. The purpose of this study is to propose an effective approach for evaluating the relative efficiency of vehicles and to determine the vehicles have high performance efficiency compared to product cost.

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An Analysis on Technical Efficiency of Apiculture Farming in Korea (양봉농가의 기술적 효율성 분석)

  • Yeo, Min-Su;Hong, Seung-Jee
    • Korean Journal of Agricultural Science
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    • v.37 no.3
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    • pp.509-514
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    • 2010
  • The purpose of this study is to analyze the technical efficiency and its determinants for Korean Apiculture farming by using from door to door and e-mail inquiry data. The analysis was implemented through the Cobb-Douglas stochastic frontier production function (SFPF) model including the technical inefficiency effect model for cross-sectional data. To measure the SFPF model, honey production was used for a dependent variable, and for input variables labor cost, preventive cost, material cost, feeding cost, depreciation cost were used. Farmer's age, farmer's career, farming scale, full-time or half-time firm and movement or fixed firm variables were used to measure the inefficiency effect model. The average technical efficiency on apiculture farming in Korea is estimated to be 0.8112. It means that there were technical inefficiency of about 18.88% in Korea apiculture farming. In this study there are some suggestions which could increase the technical efficiency of Korean apiculture farming.

Analysis for Efficiency in the Oyster, Mussel Aquaculture Household using SFA (SFA를 이용한 굴, 홍합 양식어가의 효율성 분석)

  • Kim, Tae-Hyun;Park, Cheol-Hyung
    • The Journal of Fisheries Business Administration
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    • v.47 no.2
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    • pp.1-14
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    • 2016
  • This study applied the Stochastic Frontier Analysis to estimate which independent variable affects to efficiency of aquaculture household. This study used wage and facility scale as input variables, sales volume as an output variable to estimate efficiency. Also, the study used region, species, water quality to estimate technical inefficiency factors of the model. The data used for this study were obtained by the operating costs survey using 1:1 interview method. The study selected translog production model with technical inefficiency term estimated as half-normal distribution. In addition, the study used pearson and spearman correlation coefficient among efficiency estimating models. Also, the study analysed differences among estimated efficiencies through t-test, and showed us 0.1793 in species, 0.4677 between Geojae and Masan.

A Study on the Operation Efficiency for Fisheries Cooperative Offices in the Capital and Surrounding Area (수도권 수산업 협동조합 영업점의 효율성 분석)

  • Jung, Jaeheon
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.36 no.1
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    • pp.17-23
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    • 2013
  • This study analyzed the efficiencies of Korean fisheries cooperative's 97 operation offices in the capital and surrounding area. We used the DEA model for checking the technical and scale efficiencies in the financial business of them. We divided the business into two parts, the productivity (efficiency for increasing deposit and loan) and profitability (efficiency for increasing the profit and reducing the risk from the loan). The results show that the additional profitability increase is very difficult because most of the offices have full technical efficiency for profitability. But additional analysis based on Slack-based Measure (SBM) DEA model shows that Kyung-Gi region can increase the profitability. SBM model analysis also gives us the possibility that customized policy can apply to each offices considering each factors affecting the productivity and profitability.

Using DEA Method to Measure and Evaluate Tourism Efficiency of Guangdong, Guangxi and Hainan Provinces in the South of China - A case of the Beibu Gulf Urban Agglomeration-

  • Wang, Xiao-Chuan;Kim, Hyung-Ho
    • International journal of advanced smart convergence
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    • v.10 no.1
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    • pp.24-37
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    • 2021
  • China's "One Belt and One Road" initiative has brought multiple opportunities to the development of tourism in Guangdong, Guangxi and Hainan provinces and the implementation of the Beibu Gulf Urban Agglomeration Development Plan hasset clear goalsforfurther accelerating the coordinated development, in-depth cooperation of the three. This study takes the Beibu Gulf Urban Agglomeration as the research object and utilized the data envelopment analysis (DEA) procedure to estimate the technical efficiency, pure technical efficiency, and scale efficiency scores for each city and Malmquist index was subsequently used to analyze dynamically, then tries to offer an adequate inclusion of sustainable factors in overall tourism development efficiency results through the detection and estimation of potential sources of efficiency. In order to complete the task, data collection was focused on Guangdong, Guangxi and Hainan provinces of China over the period from 2016 to 2018. The results in the first phase show relatively high efficiency scores, particularly in the case of the Beibu Gulf Urban Agglomeration and with room for improvement in the case of other cities of Guangdong, Guangxi and Hainan provinces. The second stage results present several aspects that should be carefully considered in order to analysis tourism efficiency of the Beibu Gulf Urban Agglomerations vertically according to the changes of the frontier.

Investigation of elasto-plastic seismic response analysis method for complex steel bridges

  • Tang, Zhanzhan;Xie, Xu;Wang, Yan;Wang, Junzhe
    • Earthquakes and Structures
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    • v.7 no.3
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    • pp.333-347
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    • 2014
  • Multi-scale model can take both computational efficiency and accuracy into consideration when it is used to conduct elasto-plastic seismic response analysis for complex steel bridges. This paper proposed a method based on pushover analysis of member sharing the same section pattern to verify the accuracy of multi-scale model. A deck-through type steel arch bridge with a span length of 200m was employed for seismic response analysis using multi-scale model and fiber model respectively, the validity and necessity of elasto-plastic seismic analysis for steel bridge by multi-scale model was then verified. The results show that the convergence of load-displacement curves obtained from pushover analysis for members having the same section pattern can be used as a proof of the accuracy of multi-scale model. It is noted that the computational precision of multi-scale model can be guaranteed when length of shell element segment is 1.40 times longer than the width of section where was in compression status. Fiber model can only be used for the predictions of the global deformations and the approximate positions of plastic areas on steel structures. However, it cannot give exact prediction on the distribution of plastic areas and the degree of the plasticity.

Measuring the Managerial Efficiency of Insurance Companies in Saudi Arabia: A Data Envelopment Analysis Approach

  • NAUSHAD, Mohammad;FARIDI, Mohammad Rishad;FAISAL, Shaha
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.297-304
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    • 2020
  • This paper applies the Data Envelopment Analysis (DEA) to compute the managerial efficiency of 30 insurance companies listed on the Saudi stock exchange for the duration of four years from 2015 to 2018. The companies taken as a sample of study included both conventional and Takaful insurance companies. The insurance sector of KSA is one of the largest sectors in the country, contributing a substantial percentage in the non-oil economy. Efficiency measurement and evaluation will provide a venue to introspect and benchmark frontiers to the sector. In the present study, we have utilized the basic Banker Charnes Cooper and Charnes Copper Rhodes models of DEA. Two inputs, namely, general & administrative expenses and policy & acquisition costs, and two outputs (Net premium earned and Investment Income & other incomes) were taken for efficiency calculations. The final outcomes of the study reveal that a good number of insurance companies operating in KSA are found to be efficient on managerial efficiency scale. Three firms remain the leader on the frontier of the managerial efficiency. And no company found with zero (0) efficiency or a negative efficiency. It is expected that the outcome of the study will provide benchmarks to managers and a road map to further improvement.

Resampling for Roughness Coefficient of Surface Runoff Model Using Mosaic Scheme (모자이크기법을 이용한 지표유출모형의 조도계수 리샘플링)

  • Park, Sang-Sik;Kang, Boo-Sik
    • Journal of Environmental Science International
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    • v.20 no.1
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    • pp.93-106
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    • 2011
  • Physically-based resampling scheme for roughness coefficient of surface runoff considering the spatial landuse distribution was suggested for the purpose of effective operational application of recent grid-based distributed rainfall runoff model. Generally grid scale(mother scale) of hydrologic modeling can be greater than the scale (child scale) of original GIS thematic digital map when the objective basin is wide or topographically simple, so the modeler uses large grid scale. The resampled roughness coefficient was estimated and compared using 3 different schemes of Predominant, Composite and Mosaic approaches and total runoff volume and peak streamflow were computed through distributed rainfall-runoff model. For quantitative assessment of biases between computational simulation and observation, runoff responses for the roughness estimated using the 3 different schemes were evaluated using MAPE(Mean Areal Percentage Error), RMSE(Root-Mean Squared Error), and COE(Coefficient of Efficiency). As a result, in the case of 500m scale Mosaic resampling for the natural and urban basin, the distribution of surface runoff roughness coefficient shows biggest difference from that of original scale but surface runoff simulation shows smallest, especially in peakflow rather than total runoff volume.

Analysis on the Production Efficiency of Private Industrial Enterprises in 31 Provinces of China

  • GAO, Xin;KIM, Hyung-Ho;YANG, Jun-Won
    • The Journal of Economics, Marketing and Management
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    • v.9 no.3
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    • pp.11-21
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    • 2021
  • Purpose: The purpose of this study is to understand the status quo of production efficiency in private industrial enterprises above designated scale in China's 31 provinces (including municipalities directly under the central government, autonomous regions) (hereinafter referred to as China's 31 provinces). Research design, data and methodology: Find out the factors affecting the development of production efficiency in private industrial enterprises, using DEA, Data Envelopment Analysis and Malmquist index analysis, build the evaluation model of production efficiency in private industrial enterprises, and analyze the data of China's 31 provinces private industrial enterprises in 2015-2019. Results: The research results show that the production efficiency of private industrial enterprises in China is improving on the whole. Although the total factor productivity has decreased slightly, the overall efficiency and pure technical efficiency have increased significantly. Conclusions: The conclusion of this study can provide reference for Chinese private industrial enterprises to improve production efficiency and make development plan. The limitation of this paper lies in the fact that the private industrial enterprises in inefficient provinces have not been given specific improvement plans.

A Study on Management Performance and Efficiency of New Domestic Kiwi Fruit 'Gold' Growers (국산 참다래 골드 신품종 도입농가의 경영성과 및 경영효율성 분석)

  • Park, Jae-Hyoung;Chae, Yong-Woo;Park, Joo-Sub
    • Journal of Agricultural Extension & Community Development
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    • v.23 no.2
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    • pp.145-156
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    • 2016
  • The purpose of this study is to analyze the farms growing domestic kiwi fruit 'Gold' on their management performance and efficiency in order to reduce the risks involved with introducing new kind of crops for growing, and suggest improvements. First, the result of analysis showed that domestic kiwi fruit 'Gold' growers' income were higher than the average growers due to the fruit's high unit price and productivity. Second, the analysis of management efficiency resulted in scale efficiency having greater impact on inefficiency rather than pure technical efficiency. As for the analysis of technical efficiency, the depreciation costs of agricultural facilities had the greatest influence on its inefficiency. Third, inefficient farms put in excessive inputs across the board, while labor costs(self labor cost + hired labor cost) were the largest factor of optimal inputs according to the models of technical efficiency and pure technical efficiency. Fourth, because of greater reliance on mechanical tools from rising labor costs, there's a need for individual farms to avoid buying farming equipments and instead share the equipments of nearby farms and agricultural cooperatives, or start renting agricultural machines from companies.