• Title/Summary/Keyword: operations

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An Empirical Analysis of the Effect of Operations Performance on Financial Performance (오퍼레이션스 성과와 재무성과 간의 인과관계에 대한 실증분석)

  • Kim, Younghoon;Pyun, Jebum;Kim, DaeSoo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.40 no.1
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    • pp.57-73
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    • 2015
  • While many previous studies investigated the effect of operations performance on financial performance, most studies considered only a few performance indicators and ignored the characteristics of industries. Therefore, this study intends to analyze the effect of operations performance on financial performance, by selecting a rather comprehensive operations performance indicators from firms' financial data. In doing so, we used operating efficiency and supply chain performance indicators for operations performance and a firm's profitability and future value indicators for financial performance. For the analysis, we collected 544 firms' operations and financial performance data belonging to eight key industries from the 'Forbes Global 2000'. We first analysed the differences in operations and financial performance among high, medium and low supply chain performance groups based on the quantitative criteria of Gartner's 'Supply Chain Top 25' ranking procedure. Then we analysed the effect of operations performance indicators on financial performance for both entire industry and individual industries, using multiple regression. Based on the results, we provided practical insights into key operations performance indicators to focus on and manage in order to improve financial performance.

PARAMETRIC OPERATIONS FOR TWO FUZZY NUMBERS

  • Byun, Jisoo;Yun, Yong Sik
    • Communications of the Korean Mathematical Society
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    • v.28 no.3
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    • pp.635-642
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    • 2013
  • There are many results on the extended operations of two fuzzy numbers based on the Zadeh's extension principle. For the calculation, we have to use existing operations between two ${\alpha}$-cuts. In this paper, we define parametric operations between two ${\alpha}$-cuts which are different from the existing operations. But we have the same results as the extended operations of Zadeh's principle.

ASYMPTOTIC FOR THE NUMBER OF STAR OPERATIONS ON ONE-DIMENSIONAL NOETHERIAN DOMAINS

  • Spirito, Dario
    • Journal of the Korean Mathematical Society
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    • v.58 no.5
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    • pp.1239-1260
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    • 2021
  • We study the set of star operations on local Noetherian domains D of dimension 1 such that the conductor (D : T) (where T is the integral closure of D) is equal to the maximal ideal of D. We reduce this problem to the study of a class of closure operations (more precisely, multiplicative operations) in a finite extension k ⊆ B, where k is a field, and then we study how the cardinality of this set of closures vary as the size of k varies while the structure of B remains fixed.

The Moderating Effect of Operations Efficiency on the Links between Environmental Performance and Financial Performance: The UK Evidence

  • Ramanathan, Ramakrishnan;Akanni, Adewole Oluwatomi
    • Asian Journal of Innovation and Policy
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    • v.4 no.1
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    • pp.76-102
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    • 2015
  • Drawing upon the resource-based-view of a firm, we investigate the moderating role of operations efficiency on the link between environmental and financial performance. Extant literature has highlighted that operations efficiency is closely associated with the environmental/financial performance of firms, but no empirical study has investigated how operations efficiency affects the link between environmental and financial performance. We argue that operations efficiency could act as a moderator of this relationship. To test the hypothesized relationships, we have used available secondary quantitative UK data, namely data on the environmental/financial performance of Britain's most admired companies. By employing moderated regression analysis, we have found strong evidence for the moderating impact of operations efficiency. Our results are useful to managers in that they show that improvements in operations efficiency in a company can also help improve environmental/financial performance and vice versa.

A Case Study of Improving Operations Efficiency on the Steel Stockyard in Shipbuilding (강재적치장 운영 효율화 방안에 관한 사례연구)

  • Park, Chang-Kyu;Park, Ju-Chull
    • IE interfaces
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    • v.18 no.2
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    • pp.167-177
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    • 2005
  • As the largest shipbuilding company in the world and the leader in the Korean merchant shipbuilding industry, Hyundai Heavy Industries is currently struggling to carry out intensive productivity improvement efforts in order to be the global merchant shipbuilding market leader by surpassing in the competition with Japan and being free from the defiance of China armed with very cheap labor costs. This paper introduces the academy-and-industry collaborative project, a part of the productivity improvement efforts, which has conducted on the steel stockyard operations. As a pilot project that researches for the way of improving the stockyard operations and ignites further projects on the stockyard operations, the project defined the stockyard operations, measured current situations, and analyzed management dilemmas. In addition, the project developed the steel stockyard operations simulator. Besides that the simulator is used by the operations manager who has heavily relied on his work-experienced intuition when making decisions, this paper expects that further projects on the stockyard operations utilize the simulator for their own purposes.

Effects of Green Operations and Green Innovation on Firm's Environmental Performance

  • Chen, Rong-Huei
    • Industrial Engineering and Management Systems
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    • v.13 no.2
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    • pp.118-128
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    • 2014
  • This study examines how green operations affect firm's environmental performance with green innovation as a mediator in the context of electronic industry. We carry out an empirical study with 141 valid questionnaires collected from high-tech manaufactures in Taiwan. The results show that positive relationships exist among green operations, green innovation and environmental performance (in both operational performance and managerial performance). However, an integration of green operations with green innovation would influence firm's environmental performance more positively than the sole effects of green operations. It suggests that high-tech manufacturers should pay greater attention to green innovative strategies in order to cope with customer demand and, thereby, enhancing customer satisfaction and sustainable operations. This study has contributed to the extant literature by providing valuable academic references and pragmatic guidelines for firms to gain competitive advantages through green operations and green innovation.

Research and Direction of Cyber Operation Education System for Fostering Common Situation Awareness about Cyber Operation -Focusing on non-Cyber Operations Unit Officer Education- (사이버작전에 대한 공통상황인식 함양을 위한 군(軍) 사이버작전 교육체계 연구 및 방향성 제안 -비(非)사이버작전부대 장교 교육을 중심으로-)

  • Lee, Sangwoon;Park, Yongsuk
    • Convergence Security Journal
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    • v.19 no.4
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    • pp.13-22
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    • 2019
  • The purpose of this study is to suggest the educational system and direction of cyber operations officers of non-cyber operations forces who do not specialize in cyber operations. In order to carry out cyber operations as a joint operation, non-Cyber Operations officers must also know about cyber operations, but there is no education system for them at present, Since there is almost no previous research on this, research in the relevant field is necessary. Therefore, the education system was developed based on the prior literature review, that is, the education system, that is, the necessity of education, the object of education, the goals and contents of the education, and the curriculum. In addition, the relevant experts confirmed the validity of each item with Delphi method, and as a result, some improvement was needed, but it was shown to be suitable as a whole. In addition, detailed educational program development can be developed based on this in the future.

The Effect of Warming Patients Before or During the Surgical Operations on the Patients' Body Temperature and Shivering (수술전 가온과 수술중 가온이 수술환자의 체온과 전율에 미치는 영향)

  • Lee, Ji-Yeon;Lee, Hyang-Yeon
    • Korean Journal of Adult Nursing
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    • v.14 no.3
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    • pp.428-437
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    • 2002
  • Purpose: The purpose of this study is to examine the changes of surgical patients' body temperature in applying warming to patients. The study of an effective nursing intervention, which aims to prevent hypothermia during surgical operations, use of anesthesia, and to remove dermal discomforts. The nonequivalent control group pre-test/post-test design was used for this quasi-experimental study. Method: The study subjects were adult patients who would take a surgical operation under general anesthesia in C Hospital; the surgical operations done were, total abdominal hysterectomy or Myomectomy; 20 patients were included in experimental group I, 20 patients were included in experimental group II, and 20 patients were in the comparative group. The total number of study subjects was 60. The data was collected from September the 1st, 2001 to October the 20th, 2001. The data was analyzed by SPSS program, F-test and Repeated measures of ANOVA. Multi-comparison method of DUNCAN was used for the sections that show the significant differences at the level of p<.05, which was a posterior examination. Result: 1) "The body temperatures of the three groups of patients will be respectively different at the end of the operations; experimental group I to which warming was applied before the operations, experimental group II to which warming was applied during the operations, and the comparative group with no warming being given," showed (F=12.609, p=.000). 2) "Degrees of shivering symptoms for the three groups will be respectively different at the end of the operations; experimental group I which applied warming before operations, experimental group II which applied warming during operations and the comparative group with no warming." Showed assumed (F=6.626, p=.000). Conclusion: Summing up the above study, the warming assumed during operations was a more effective nursing intervention for preventing patients' hypothermia than the warming assumed before operations.

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An Analysis of Mastering Concept and Connection with Operations in Natural Number and Fraction in Elementary School Mathematics (초등 수학에서 자연수와 분수의 사칙연산에 대한 개념 익히기 및 연산 사이의 연결 분석)

  • Roh, Eun Hwan;Jeong, Sang Tae;Kim, Min Jeong
    • Journal of Elementary Mathematics Education in Korea
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    • v.19 no.4
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    • pp.563-588
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    • 2015
  • In elementary school, didactical transposition is inevitable due to several reasons. In mathematics, addition and multiplication are taught as binary operations, subtraction and division are taught as unary operations. But in elementary school, we try to teach all the four operations as binary operations by didactical transposition. In 'Mastering' the concepts of the four operations, the way of concept introduction is dealt importantantly. So it is different from understanding the four operations. In this study, we analyzed the four operations of natural numbers and fractions from two perspectives: concept understanding (how to introduce concepts and how to choose an operation) and connection between the operations. As a result, following implications were obtained. In division of fractions, students attempted a connection with multiplication of fractions right away without choosing an operation, based on the situation. Also, to understand division of fractions itself, integrate division of fractions presented from the second semester of the fifth grade to the first semester of the sixth grade are needed. In addition, this result can be useful in the future textbook development.