• Title/Summary/Keyword: productivity and cost

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Productivity Measurement Model Based on Quality Cost (품질 코스트를 적용한 생산성측정 모형)

  • Lee, Jae-Ung;Sin, Yong-Baek
    • Journal of Korean Society for Quality Management
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    • v.21 no.2
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    • pp.48-60
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    • 1993
  • We have depended upon the quantitative analysis for productivity measurement. and excluded the qualitative analysis from productivity measurement. But I think that the qualitative analysis must be considered so as to get a effective productivity measurement This paper intened to establish improvement productivity measurement adopted quality cost of all the qualitative elements.

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Determinants of Productivity Change in Export Manufacturing Firms : Focusing on Innovation (수출제조기업의 생산성변화에 영향을 미치는 요인 분석 : 혁신활동을 중심으로)

  • Hwang, Kyung-Yun;Koo, Jong-Soon;Hwang, Jung-Hyun
    • Korea Trade Review
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    • v.41 no.4
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    • pp.61-90
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    • 2016
  • This study aims to identify the sources of productivity change in export manufacturing firms. After estimating the Malmquist productivity index, a panel regression was used to calculate the source of productivity change. Upon conducting a literature review of this field, six variables were selected as explanatory variables. The results of an analysis of 355 export manufacturing firms operating from 2009 through 2015 are as follows: First, both innovation activity and total assets had a positive impact on productivity change. However, employment cost intensity, equity ratio, and current ratio had a negative impact on productivity change in export manufacturing firms. Second, innovation activity and intangible assets had a positive impact on productivity change, but employment cost intensity, selling expense intensity, and equity ratio had a negative impact on productivity change in large export manufacturing firms. Third, innovation activity had a positive impact on productivity change, but employment cost intensity and equity ratio had a negative impact on productivity change in small and medium export manufacturing firms. Fourth, intangible assets had a positive impact on productivity change, but employment cost intensity, selling expense intensity, and current ratio had a negative impact on productivity change in export manufacturing firms listed on the Korea Composite Stock Price Index. Fifth, innovation activity and total assets had a positive impact on productivity change, but employment cost intensity and equity ratio had a negative impact on productivity change in manufacturing firms listed on the Korean Securities Dealers Automated Quotations. The managerial implications of this study are also discussed.

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A case for productivity improvement by time study in high tech industry (하이테크 부품산업에서 작업분석/실행을 통한 생산성 향상의 프로젝트 방법론 연구)

  • Lee, Won-Jae;kim, Joong-Hoi;Kang, Sung-Woo;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.17 no.1
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    • pp.225-230
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    • 2015
  • Productivity is the essential comparative advantage in high tech industry company in 21 century. These company endless endeavor for low cost production. Low cost production can be led by low facility operation cost and low labor cost. But reducing facility operation cost arise much investment. Thus many high tech company drive reduction of labor cost. These article suggest model for reducing labor cost and prove a effect by example of some company.

Comparative Study of the Manufacturing Cost and Productivity of Spiral and Straight Bevel Gear (스파이럴과 스트레이트 베벨기어 가공 시 비용 및 생산성 비교연구)

  • Park, Chang-Seop;Yang, Yan-Seok;Kim, Su-Jin
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.22 no.2
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    • pp.275-280
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    • 2013
  • The tractor front axle has the lower standard for noise and vibration relatively and it increase the possibility to develop of the alternative straight bevel gear of the expensive spiral bevel gear. The purpose of this paper is to compare of the spiral vs. the straight bevel gear manufacturing process. The manufacturing cost and productivity are compared after the spiral bevel gear of the tractor front axle is replaced of to the straight bevel gear. If spiral bevel gear is replaced to straight bevel gear, the cost is reduce 4.6% and productivity is increase 18%.

Selection of a Probability Distribution for Modeling Labor Productivity during Overtime

  • Woo, Sung-Kwon
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.1 s.23
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    • pp.49-57
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    • 2005
  • Construction labor productivity, which is the greatest source of variation in overall construction productivity, is the critical factor for determining the project performance in terms of time and cost, especially during scheduled overtime when extra time and cost are invested. The objective of this research is to select an appropriate type of probability distribution function representing the variability of daily labor productivity during overtime. Based on the results of statistical data analysis of labor performance during different weekly work hours, lognormal distribution is selected in order to take advantage of easiness of generating correlated random numbers. The selected lognormal distribution can be used for development of a simulation model in construction scheduling, cost analysis, and other applications areas where representation of the correlations between variables are essential.

Basic Study on the Measurement of Unit Productivity Data By Image Processing Technology (이미지 프로세싱을 활용한 생산성 정보 측정방안에 관한 연구)

  • Lee, Chan-Kyu;Lee, Seung-Hyun;Son, Jae-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.11a
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    • pp.281-282
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    • 2012
  • Construction performance and productivity improvement are key focus areas in construction industry for any nation. There have been frequent delays and cost overruns in construction projects and poor productivity is one of the major contributions. For this reasons, there have been many research studies performed on the improvement of construction productivity for several decades. However, measuring productivity on a construction job site is still not an easy work. Because collecting reliable data consistently from the job site requires a lot of personnel efforts causing extra time and cost. This paper provides a basic study on the application of image processing technology for measuring unit productivity. It presented the possibility of unit productivity measurement by image processing technology through case study.

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Harvesting Productivity and Cost of Whole-Tree Clear Cutting Using a Tower Yarder in a Larix leptolepis Stand (낙엽송 개벌 임분에서 타워야더를 이용한 전목수확시스템의 작업비용 분석)

  • Cho, Min-Jae;Cho, Koo-Hyun;Oh, Jae-Heun;Han, Han-Sup;Cha, Du-Song
    • Journal of Forest and Environmental Science
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    • v.30 no.1
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    • pp.107-112
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    • 2014
  • The productivity and cost of clear cutting operations were examined to broaden our knowledge on the harvesting system in a Larix leptolepis stand of Korea. The harvesting system was divided into tree operations which were chainsaw (STIHL MS440) felling, tower yarder (Koller301-4) yarding and harvester (WOODY H50) processing. The average cycle time of felling, yarding and processing were 98 s/cycle, 245 s/cycle and 150 s/cycle. The total stump-to-pile operational productivity was 43.07 $m^3/hr$. The highest production activity was the felling 17.93 $m^3/hr$, followed by the productivity of processing 15.62 $m^3/hr$ and then by the productivity of yarding 9.52 $m^3/hr$. In addition the total stump-to-pile operational cost was 24,086 $won/m^3$. The highest cost activity was the yarding 14,557 $won/m^3$ (60.4% of the total cost), followed by the costs of processing 8,461 $won/m^3$ (35.2%) and then by the costs of felling 1,068 $won/m^3$.

Development of Cost Data Prototype based on Production Crew by Productivity Analysis of Form Work (거푸집 공사의 생산성 분석을 통한 작업조 기반의 Cost Data Prototype 개발에 관한 연구)

  • Kang, Dong-Wan;Ji, Soung-Min;Hyun, Chang-Taek
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.1
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    • pp.44-52
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    • 2012
  • In the cost management of public construction projects, it is an important issue to develop an adequate cost data for estimating the predetermined amount by various methods. For a long time, a standard of estimation in korea is used as a basis for estimating the predetermined amount of public construction. However, they did not have a reasonable cost data based on a labor and equipment productivity analysis. For this reason, it is difficult to make a reasonable and efficient estimation of the costs, and this situation presents an urgent need for more accurate cost data to use in an early phase. This study analyzed the productivity of form work by the CYCLONE model, and presented the model on the number of optimal labor through sensitivity analysis. This CYCLONE model can be useful in analyzing productivity on the various sizes of form. Also, the regression model to estimate the daily output can be used in predicting the amount of labor. Considering the work duration in the regression model is expected to make the daily output estimation much more accurate.

A Model for Software Maintenance Cost Estimation based on Productivity (생산성 기반의 소프트웨어 유지보수 대가산정 모델)

  • Bae, Joon-Soo
    • IE interfaces
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    • v.17 no.spc
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    • pp.122-130
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    • 2004
  • Since the cost of software maintenance occupies about 50~75% in a general successful organization, the software maintenance plays an important role in software life cycle. In particular, if the managed system needs to be operated in a long term or the system is very large and complex, then the maintenance is especially more important. Software maintenance is defined as software modification activities after customer delivery, such as improvement of performance or functionality, error correction, adaptation to environmental changes, etc. In this paper, software cost estimation models are proposed, that is based on productivity of manpower in maintenance projects. In order to do this, the activities of maintenance are classified into function change, non-function change, user support and application operation. The proposed models are constructed and verified based on the real size and cost information of projects in the real world. The approach in this paper is to discriminate the heterogeneous activities in maintenance projects, and then to calculate the respective cost of each discriminated activity. By using the proposed models, the total cost of maintenance project is summed from the costs of four activities. In addition the number of conflicts between owner and order receiver about the amount of cost will be reduced and the reasonable cost estimation system will be established.

The Effects of the workforce Age Structure on Productivity or Labor Costs (사업체 근로자의 연령구성이 생산성과 인건비에 미치는 영향)

  • Kim, Ki-Min
    • Management & Information Systems Review
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    • v.37 no.1
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    • pp.123-138
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    • 2018
  • In this paper, we use panel dataset from Korean linked worker-firm to analyse the effects of the workforce age structure on the productivity or labor costs. We measure 'labor productivity' as added value per capita, 'cost of labor' as labor cost per capita and estimate a dynamic panel model to study the effects of the workforce age structure on the productivity or labor costs. Empirical analysis results show that the workforce age structure is positively related to productivity and labor costs, but only up to the aged of 35-39. That is, we find that an increase in the proportion of younger workers or elder workers rather than the aged 35-39 has a negative effect on productivity and labor cost. In particular, the difference between the estimation coefficient of productivity and labor cost when the share of workers aged 50 or older is increased instead of the aged 35-39 is higher than the difference between the estimation coefficient of productivity and labor cost when the share of workers aged 30 or younger is increased instead of the aged 35-39. Our results exhibit that it is reasonable for firms to worry about declining productivity of elderly workers, whereas firms already used older workers efficiently, such as by adjusting their labor costs.