• Title/Summary/Keyword: management efficiency

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An Assessing of Franchisor's Firm Performance Based on Data Envelopment Analysis (DEA 분석을 통한 프랜차이즈 기업의 평가)

  • Kim, Seonmin
    • Journal of the Korea Safety Management & Science
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    • v.16 no.4
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    • pp.359-369
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    • 2014
  • Due to the severe market conditions, pre-entrepreneur seeks to start their business through franchise company. This paper, using the data envelopment analysis(DEA) method, examines efficiency of a group of franchise company in order to provide efficiency information with pre-entrepreneur. Output-oriented DEA model is applied in the investigation of efficiency, and the overall efficiency score is decomposed into pure technical efficiency and scale efficiency. The input variables selected to evaluate the efficiency are franchise deposit, franchise contribution cost and the output variables are sales and number of franchises, and length of business. The results of this paper show franchise industry have the low level of overall efficiency and the main sources of inefficiency is found technical rather than scale. As a result, this paper provides not only the current status of efficiency information of a franchise with pre-entrepreneur but also give warning when they sign-up with franchise business.

Policy Direction for Subsidizing Hospitals based on Technical Efficiency (병원도산분석에 기초한 효율적인 병원지원방안에 관한 연구)

  • Jung, Ki-Taig;Lee, Hoon-Young
    • Korea Journal of Hospital Management
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    • v.4 no.2
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    • pp.219-241
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    • 1999
  • This study used the Data Envelopment Analysis, a mathematical linear programming method, to evaluate cost efficiency of hospitals in Korea. DEA method was applied to 244 hospitals: 31 bankrupt hospitals and 213 survived hospitals. Among the 213 sound hospitals, 11 hospitals showed efficiency score 100, but more than 40 hospitals recorded efficiency scores lower than 60. This result implies that more hospitals can be bankrupt in the restructuring process of the industry within 1-2 years. Among the 31 bankrupt hospitals, the highest technical efficiency score was 0.821 and 11 hospitals showed technical efficiency lower than 0.6. This implies that selective financial support based on cost efficiency by the government will be valuable to prevent bankruptcy of these hospitals. The logistic analysis showed statistically significant relationship between bankruptcy and efficiency of hospitals in Korea.

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A Study on Effect Analysis of Integrated Demand Management According to Energy System Management Model (Energy System Management 모형을 통한 통합 수요관리 효과분석에 관한 연구)

  • Kim, Yong-Ha;Jo, Hyeon-Mi;Kim, Young-Gil;Park, Hwa-Yong;Kim, Hyeong-Jung;Woo, Sung-Min
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.7
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    • pp.1339-1346
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    • 2011
  • This paper is developed to demand management scenario of energy consumption efficiency improvement, electricity generation efficiency improvement, network efficiency improvement, change of distribution ratio, movement of energy source, change of heating system, put of CHP to quantitatively assess to impact on energy use of demand management at the national level. This scenario can be applied Energy System Management model was developed based on Energy Balance Flow. In addition, effect analysis through built demand management scenario was quantitatively evaluated integrated demand management effectiveness of energy cost saving, CO2 emission reduction and energy savings of national level by calculating to primary energy source usage change in terms of integration demand management effect more often than not a single energy source separated electricity, heat and gas.

Decision support model for improving the efficiency of mail center (우편집중국의 운영효율성 개선을 위한 의사결정지원 모델에 대한 연구)

  • Kim, Dae-Gi;Choe, Jae-Pil
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.05a
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    • pp.586-589
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    • 2004
  • This paper attempts to propose the decision support model, which can be employed for 22 mail centers to improve their operational efficiency and competitive. This model deals with both DEA method and system dynamics model. DEA is a management tool aimed to determine relative efficiency of independent decision making unit. We measured the relative efficiency between mail centers using CCR model and tried to find the reason for inefficiency mail centers. Also, we introduced the system dynamics model to present the strategic policy for mail center to strengthen their efficiency.

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DEA-AR/AHP Model Design for Efficiency Evaluation of Metropolitan Rapid Transit (지하철 효율성 평가를 위한 DEA-AR/AHP 모형 설계)

  • Sim, Gwang-Sic;Kim, Jae-Yun
    • Journal of the Korean Operations Research and Management Science Society
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    • v.34 no.3
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    • pp.105-124
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    • 2009
  • Data Envelopment Analysis (DEA) is a methodology of computing the relative efficiency of each decision making unit (DMU) by comparing it with other DMUs having similar input and output structure. In this paper, we compare the efficiency of Korean rail transit corporations using DEA. To do this, we design a DEA-AR/AHP model, and evaluate efficiency by comparing the subway operating agencies of six big cities. The analysis reveals that Seoul Metro and Seoul city railroad construction turn out to be the most efficient groups. The result of this research can provide helpful information for effective management in a domestic subway operating agency.

The Device Allocation Method for Energy Efficiency in Advanced Metering Infrastructures (첨단 검침 인프라에서 에너지 효율을 위한 기기 할당 방안)

  • Jung, Sungmin
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.16 no.1
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    • pp.33-39
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    • 2020
  • A smart grid is a next-generation power grid that can improve energy efficiency by applying information and communication technology to the general power grid. The smart grid makes it possible to exchange information about electricity production and consumption between electricity providers and consumers in real-time. Advanced metering infrastructure (AMI) is the core technology of the smart grid. The AMI provides two-way communication by installing a modem in an existing digital meter and typically include smart meters, data collection units, and meter data management systems. Because the AMI requires data collection units to control multiple smart meters, it is essential to ensure network availability under heavy network loads. If the load on the work done by the data collection unit is high, it is necessary to allocation new data collection units to ensure availability and improve energy efficiency. In this paper, we discuss the allocation scheme of data collection units for the energy efficiency of the AMI.

A Comparative Application of DEA in Venture Business of Electronic and Communication Industry (자료포괄분석에 의한 벤처기업의 경영성과 비교 -전자.통신업체를 중심으로-)

  • Jung Hee-Jin
    • Management & Information Systems Review
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    • v.5
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    • pp.81-101
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    • 2000
  • The purpose of this comparative study is to compare and evaluate venture business of electronic and communication industry by Data Envelopment Analysis(DEA). DEA is a linear programming-based technique that converts multiple input and output measures into a single comprehensive measures of productive efficiency. In this paper, the CCR model and trend analysis model are used to examine the efficiency of 18 venture business. Input variables are number of employees. raw-material costs and production capability and output variables are real production, sales revenues and net income after taxes. DEA approach broad information like as efficiency level of each Decision Making Unit(DMU), reference group of efficiency improvement and trends of efficiency shift. Finally, the correlation of input and output variables are examined to examine the relationship among variables.

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Hybrid approach combining Data Envelopment Analysis and Machine Learning to Evaluate the Efficiency of System Integration Projects (SI 프로젝트의 효율성 평가를 위해 자료포괄분석과 기계학습을 결합한 하이브리드 분석)

  • Hong Han-Kuk;Kim Jong-Weon;Seo Bo-Ra
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 2006.05a
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    • pp.77-88
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    • 2006
  • Data Envelopment Analysis (DEA), a non-parametric productivity analysis tool, has become an accepted approach for assessing efficiency in a wide range of fields. Despite of its extensive applications, some features of DEA remain bothersome. DEA offers no guidelines to where relatively inefficient DMU(Decision Making Unit) improve since a reference set of an inefficient DMU consists of several efficient DMUs and it doesn't provide a stepwise path for improving the efficiency of each inefficient DMU considering the difference of efficiency. We aim to show that DEA can be used to evaluate the efficiency of System Integration Projects and suggest the methodology which overcomes the limitation of DEA through hybrid analysis utilizing DEA along with machine learning.

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The study on the technic of real time efficiency management of hydro turbine -generator (수차 발전기의 실시간 효율관리 기법 연구)

  • Kim, Seung-Hyo;Kwon, Young-June
    • Proceedings of the KIEE Conference
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    • 2000.07b
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    • pp.1018-1020
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    • 2000
  • In the operation and maintenance activity of hydro turbine generator, one of the important parameters is the efficiency. This study analyze the case of efficiency management by pressure time method and survey the application of this method through the actual test. And it is confirmed that the Pressure time method exccesively limit the general condition to be applied. If index method is used for efficiency management because the index method calibrated by absolute discharge(by flow of pressure time method) is very accurate. it make to be able to manage the realtime efficiency.

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Efficiency Analysis of Project Management Offices Using Bootstrap DEA (부트스트랩 자료포락분석을 이용한 프로젝트 관리 조직의 효율성 분석)

  • Ko, Joong-Hoon;Park, Sung-Hun;Bae, Eun-Song;Kim, Dae-Cheol
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.3
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    • pp.61-71
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    • 2018
  • The purpose of this study is to analyze the efficiencies of project management offices in large information system construction projects using the data envelopment analysis. In addition, we tried to estimate the confidence interval of those efficiencies using bootstrap DEA to give a statistical meaning. The efficiency by the CCR model is analyzed as eight project management offices are fully efficient and 22 project management offices are inefficient. On the other hand, there are 15 project management offices are fully efficient, but 15 project management offices are inefficient in the BCC model. As the result of the scale efficiencies, of the inefficient project management offices, 13 project management offices are inefficient in scale. It is possible to eliminate the inefficiency in the CCR model by improving their project performances. And, the nine project management offices showed that the inefficiency was due to pure technical efficiency, and these companies should look for various improvements such as improvement of project execution system and project management process. In order that the inefficient project management offices be efficient, it is analyzed that more efforts must be made for on-budget and on-time as a result of examining the potential improvement potentials of inefficient project management offices.