• Korean Journal of Construction Engineering and Management
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• v.14 no.4
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• pp.46-54
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• 2013

This research outlined the factors influencing the business management success via analyzing a survey of business principles. The research process has been tested in comparison of both financial factors, which come out of objective data and non-financial factors so relevantly prioritized by combining these factors. In order to specify the factors, a check-list and analyzed essential features of category have been done with interviews and surveys. As consequently proceeding, the authors could deduce that non-financial but analytic factors such as business do-able, technician workability, compensation and benefits etc. play major roles in construction sector. The outcomes consider a construction business as fundamental human labor job as opposed to a manufacture business. On reasoning necessarily more objective research works to be done as developing this research's outcome, it is meaningful in suggesting the pivotal factors influencing the construction business management. Therefore, this research is expected to guide the direction to induce the improvement of business management to be done by further exemplary researches.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.31 no.1
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• pp.83-91
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• 2008

기업이 수요에서 자기상관을 인식하지 못하게 되면, 이 기업은 수요가 서로 독립이면서 동일한 분포를 따른다는 가정 하에 개발된 전통적인 재고주문방법을 시행하게 된다. 따라서 이 경우에 안전재고량, 재고부족 확률, 재고부족량 등과 같은 성과지표의 관점에서 전통적인 재고주문방법이 정확한 재고주문방법에 비하여 얼마만큼 비효율적인가를 알아보는 것은 기업경영의 측면에서 의미 있는 일이다. 이 논문에서는 정기주문시스템 하에서의 두 가지 재고 관리방법을 비교하기 위한 수리적 모형을 개발하고 이를 통하여 어떠한 상황 하에서 정확한 재고주문방법이 전통적인 재고주문방법에 비하여 더 절실한지를 살펴본다.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 1993.04a
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• pp.215-224
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• 1993

본 논문에서는 고가의 수리가능제품의 최적여유재고 수준을 결정하는 효율적인 방법을 제안한다. 고려하는 시스템은 각 기지창과 중앙창에서 한정된 수리능력을 가지며 중앙창에서 수리가 끝난 후 수리된 제품은 원래의 기지창으로 되돌아가서 재고에 포함되는 형태이다. 제안한 방법은 최소비용의 재고수준을 결정하는 방법 및 최소요구충족율을 가장 적은 비용으로 만족시키는 여유재고수준을 결정하는 최적해법이다. 제안한 방법을 실제시스템에 적용하면 최소의 비용으로 장비나 무기를 원하는 수준으로 가동시킬 수 있으므로 국방비의 효율적인 사용 및 절감에 도움이 될 것이다.

• Environmental and Resource Economics Review
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• v.6 no.1
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• pp.45-57
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• 1996

공기업(公企業)이 정부의 수익성사업이나 국가기간사업을 독점적으로 수행함에 있어 야기되는 X-비효율성 및 기술혁신의 결여, 사기업(私企業)의 경우와 달리 이윤극대화라는 단일 목적만을 추구할 수 없는 공기업(公企業)의 경영여건, 노사분규로 인한 요소사용비율의 변화, 그리고 각종 정부규제등 여러 제약된 여건하에서 생산요소의 비효율적 배분으로 인하여 생산비용의 최소화가 이루어지고 있다고는 볼 수 없다. 본 연구에서는 공기업(公企業)을 대상으로 실증적으로 시장가격의 함수인 암묵가격(暗默價格)(shadow price)을 설명변수로 사용하는 일반비용함수(一般費用函數)(generalized cost function)를 추정한 후, 효율성검정을 실시하여 생산비용의 최소화여부를 알아본다. 한국 전기업의 '88년 '93년의 2년간 10개 시 도별 자료를 사용하여 효율성검정을 실시한 결과, 생산비용의 최소화는 이루어지고 있지 않음을 알 수 있었다. 생산의 비효율성으로 인하여 비용은 평균 27.4% 증가되었으며 자본과 노동은 각각 적정수준보다 평균 10.6%, 2.1% 만큼 적게 사용된 반면, 연료는 255% 만큼 필요 이상으로 사용되었다.

• Journal of Korea Technology Innovation Society
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• v.21 no.4
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• pp.1366-1385
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• 2018

Recently, government policy focuses on R&D subsidies for venture firms in the early and medium stage. However, due to the 'asymmetric information' on those firms, a concern about the possibility of adverse selection of government policy, that is, whether the R&D subsidies are offered to the less-growth potential venture firms is on the rise. Therefore, based on the "2015 venture firm's survey" data in Korea, we compared the managerial efficiency of venture firms in manufacturing sectors by dividing them into beneficiary and non-beneficiary groups at government R&D subsidies. We found that the beneficiary groups showed lower managerial efficiency than non-beneficiary groups, even if they are superior to non-beneficiary groups in technological performance. We also observed that the phenomenon involve 'low managerial efficiency in the beneficiary groups' is more relevant in mid-high tech. manufacturing sectors. Our findings provide an exploratory empirical evidence of the concern about adverse selection in the selection of R&D subsidies beneficiary groups. Therefore, the government should consider managerial performance as the key criteria for selecting R&D subsidies beneficiary groups, rather than depending on technological performance solely. Furthermore, the government should develop other complementary policies to support financial performance of the groups. Lastly, the government should make those policies attract venture firms with potential to achieve financial performance.

• Journal of Digital Convergence
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• v.17 no.5
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• pp.117-125
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• 2019

This study measured inefficiencies of Korean banks with weighted Russell directional distance function, WRDDM, for the years of 2004-2013. Checking contributions of inputs and outputs to these inefficiencies, we found that non-performing loan as undesirable output was the most influential factor. The annual average of inefficiencies of Korean banks was 0.3912, and it consisted of non-performing loan 0.1883, output factors 0.098 except non-performing loan, input factors 0.098. The annual average inefficiency went sharply up from 0.2995 to 0.4829 mainly due to the sharp increase of inefficiency of non-performing loan from 0.1088 to 0.2678 before and after 2007-2008 Global financial crisis. We empirically showed the non-performing loan needed to be considered since it was the most important factor among the influential factors of technical inefficiency such as manpower, total deposit, securities, and non-performing loan. This study had some limitation since we did not control financial environment factor in WRDDM.

• Journal of the Korea Society of Computer and Information
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• v.5 no.2
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• pp.158-164
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• 2000

The purpose of this study is concerned with evaluating management performance in electronics and communication companies using DEA(Data Envelopment Analysis) DEA is a linear programming based technique for measuring the relative performance of organizational units where the Presence of multiple inputs and outputs makes comparisons difficult. In this research. input variables are raw-material costs, number of employees, and production capacity Real production, sales revenue and net earning are suggested as output variables. Management performance of most companies are increased or equal during 97 and 98 fiscal year and input & output variables show high correlation.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2000.04a
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• pp.409-412
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• 2000

금형가공에 사용되는 밀링머신의 가공시 공구와 피삭재의 접합면에서 버가 생성되며, 이러한 버의 생성에 따라 작업효율 감소 및 생산비의 비효율적 낭비를 가져오게 된다. ［l］밀링 작업시 버가 생성되는 메카니즘을 파악하여 임의의 형상을 가진 공작물을 밀링작업할 때의 버의 형태와 Exit 각 등을 제공하는 프로그램을 개발하려 한다. 여기에서 핵심적인 피삭재의 형상 데이터 인식, 절삭영역 인식, 공구와 피삭재의 접점 및 그 Exit 각을 결정하는 알고리즘을 소개한다. 이러한 과정을 통해 Exit 버 알고리즘에 대한 연구를 수행하고자 하며, concave를 포함한 여러가지 형상의 피삭재를 대상으로 Exit 버에 대한 접근을 시도하여 실제 작업에선 와 유사한 환경에 대해 고려함으로써 버의 감소 및 작업 효율성의 증가를 위한 기초 연구를 수행한다. 또 이를 이용하여 Windows 환경에서의 버 예측 프로그램을 개발한다.

• The Journal of the Korea Contents Association
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• v.20 no.12
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• pp.136-144
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• 2020

Previous studies report that labor investment inefficiency occurs as the information asymmetry becomes severe and the agency problem between managers and external investors increases. Therefore, it is highly likely that managers will make opportunistic decisions that can damage corporate value in companies with high labor investment inefficiency. This study examines whether the value relevance of accounting information decreases as labor investment inefficiency increases as it is less likely that investors in the market use the accounting information of companies in which labor investment decisions are made inefficiently. Labor investment efficiency is measured as the difference between the actual level of labor investment and the expected level of optimal labor investment. Larger difference between the actual level of labor investment and the expected level of optimal labor investment is considered as higher inefficiency in labor investment. Using data of firms listed on the Korea Stock Exchange from 2002 to 2018, empirical results show that the value relevance of earnings decreases as the inefficiency of labor investment increases. This research provides empirical evidence on whether investment inefficiency in labor, which is an important factor in the competitiveness of a company, reduces the information usefulness of reported earnings.

• Management & Information Systems Review
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• v.32 no.1
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• pp.87-109
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• 2013

This study analyzed technical efficiencies of health service industry of OECD countries with DEA and SFA approaches using 10 year data from OECD Health Database. The results can be summarized as follows: First, Korea was found the best practice among 15 OECD countries based on CRS nondirectional SBM models. Second, it was found that some inefficiencies were due to environmental factors. Third, we found that environmental factors were important factors in efficiencies of health service industry by observing that there were large efficiency changes after adjusting slacks due to environmental factors. From the above, Korea led the OECD countries in health service industry and was the most competent. But this study has some limitation since the quality and cost of health care was not taken into account.