• Title/Summary/Keyword: Company performance

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Evaluation of Load Rejection to House Load Test at 50% Power for UCN 3

  • Lee, Chang-Gyun;Suk whun Sohn;Sohn, Jong-Joo;Seo, Jong-Tae;Lee, Sang-Keun;Kim, Youngsung;Nam, Kyu-Won;Jung, Yang-Mook;Chae, Kyeong-Sik
    • Proceedings of the Korean Nuclear Society Conference
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    • 1998.05a
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    • pp.398-403
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    • 1998
  • The Load Rejection to House Load test at 50% power was successfully peformed during the UCN 3 PAT period. In this test, all plant control systems automatically controlled the plant from 50% power to house load operation mode. The KISPAC code, which was used in the performance analysis during the design process of UCN 3&4, predictions of the test agreed with the measured data demonstrating the validity of the code as well as the completeness of the plant design.

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The Heat Management of PEM Fuel Cell Stack (운전 조건에 따른 PEMFC 스택 열 관리)

  • Son, Ik-Jae;Lee, Jong-Hyun;Nam, Gi-Young;Ko, Jae-Jun;Ahn, Byung-Ki
    • Journal of Hydrogen and New Energy
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    • v.21 no.3
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    • pp.184-192
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    • 2010
  • PEM fuel cell produces electric power, water and heat by the electrochemical reaction of hydrogen and oxygen. The heating value is dependent on the molar enthalpy of vaporization of product water and the performance loss. In this paper, the heating value of fuel cell stack has been studied under various stack operating temperatures to achieve more efficient heat management. A technology using the molar enthalpy of vaporization of product water is suggested to reduce heat-up time during start-up of a fuel cell vehicle.

Efficiency Analysis on Sales Performance of NPD Projects in ICT Industry Using DEA : Focusing on Empirical Instance from 'S' corporation (자료포락분석을 이용한 ICT산업 신제품 개발 프로젝트 매출 성과에 관한 효율성 분석 : 중견기업 S사의 실례를 중심으로)

  • Jang, HeeSeok;Park, SoHyun;Kim, Seung-Chul
    • Journal of Information Technology Services
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    • v.18 no.5
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    • pp.209-224
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    • 2019
  • When evaluating the performance of a NPD(New Product Development) project, it is common to evaluate the project performance according to the achievement of the planned goal in terms of time, quality and cost management, which are usually three main constraints of the project. The evaluation of the financial factors by which sales contributed to the return of the company is more influential. This is why companies need to increase sales and raise profits. Therefore, it is more reasonable to evaluate the sales performance of NPD projects over a certain period of time against the input costs. At this time, we can analyze the causes of inefficient projects and compare them with other projects and find out how to improve the sales performance to help the company increase its competitiveness. In this paper, we analyze the relative efficiency of the sales performance on the input of the projects by using the actual sales in the period of one year after mass production of the NPD projects of 'S' company in ICT industry. Input factors include developer resource and development cost for the NPD reported after the project has been completed, the delay weeks for the schedule targeted at the project planning stage, and the number of quality issues due to development design faults during initial mass-production. The sales figure and the contribution margin of the product after one year from the start of mass production are defined as the output factors. In this paper, we analyze the efficiency of the projects by using data envelope analysis (DEA). As a result, we found out the reason of the inefficient project of DMUs according to the differences in the characteristics of the efficient and inefficient B2B markets based on the result of DEA of NPD projects. Thus, the goal of this paper is to identify strategies for improving sales performance of NPD projects in inefficient markets.

The effects of relationship commitment between wedding companies and wedding planers in the wedding industry on relationship performance and relationship continuation intention (웨딩산업에서 웨딩업체와 웨딩플래너의 관계결속이 관계성과 및 관계지속의도에 미치는 영향)

  • Lee, In-suk;Yu, Ji-hun
    • The Research Journal of the Costume Culture
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    • v.29 no.2
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    • pp.240-251
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    • 2021
  • The purpose of this study is to establish the relationship between wedding companies and wedding planners and understand the influence of relationship factors on the relationship performance and relationship continuation intention of wedding companies. We conducted an online survey from June to July 2017, and collected 201 responses which were used during analysis. Statistical analysis, including technical statistical analysis, factor analysis, reliability analysis, and regression analysis, was undertaken using SPSS 23. This study shows that among the relationship factors affecting the wedding planner and the wedding company, the computational tie-up has a significant impact on both the financial and non-financial performance of the wedding company, while emotional tie-ups have a significant impact on the non-financial performance of the wedding company, but not on financial performance. As for the effects of relationship commitment to wedding planners on wedding shops' relationship continuation intention, each factor for relationship commitment significantly affected wedding shops' relationship continuation intention. Regarding the effects of wedding shops' relational performance on relationship continuation intention, each factor of performance significantly affected relationship continuation intention. Therefore, wedding companies should make continuous efforts to maintain this relationship and recognize the need for robust relationships with wedding planners as a sure and important competitive tool for attracting customer and generating revenue.

Development of the Integrated Exhaust System and Techniques of Nitrogen and Condensate for Fuel Cell Electric Vehicle (연료전지 자동차용 질소/응축수 통합배출시스템 및 기술 개발)

  • Shim, Hyo Sub;Kim, Hyo Sub;Kim, Jae Hoon;Kwon, Bu Kil;Lee, Hyun Joon;Kim, Chi Myung;Park, Yong Sun
    • Journal of Hydrogen and New Energy
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    • v.25 no.5
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    • pp.516-524
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    • 2014
  • Proper discharge of nitrogen gas and water condensate is required in a conventional fuel cell system for performance, stability and durability of fuel cell stacks. Present study covers the development of integrated unit and its functioning logic for simultaneous nitrogen gas purge and water condensate drainage in a fuel cell vehicle system. Configuration of condensate drainage pipe, purge valve and level sensor is considered and optimized in physical integration. As a key factor, discharge time is considered and optimized based on the test result of constant-current operation with various operating temperature in logic development. Consequently, derived optimal values are applied and verified in actual vehicle drive mode test. Increase of system design flexibility, weight reduction and cost reduction are anticipated with this study. Additional study for physical and logical improvement is currently being implemented.

Analysis of the SCQM Efficiency of a Parent Company and Its Partner Companies Using DEA (DEA를 이용한 모기업과 협력기업의 공급망 품질경영 효율성 분석)

  • Oh, Soo Jung;Kim, Hyun Jung;Kim, Soo Wook
    • Korean Management Science Review
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    • v.30 no.2
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    • pp.43-61
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    • 2013
  • With the recent introduction of supply chain management (SCM), quality management has extended from within companies to between companies. As a result, supply chain quality management (SCQM) has received increased attention. However, existing SCQM studies only focus on what impact quality control in supply chains have on company performance while virtually no studies examine quality control efficiencies. This paper, therefore, evaluated the SCQM efficiency of a parent company and its partner companies by using Data Envelopment Analysis (DEA) based on the Quality Collaboration Index for Supply Chain Management (QCI-SCM) conducted by the Korean Standards Association for its 'Quality Innovation-Based Building and Expansion of Business.' Study results showed that a parent company and its partners showed an overall average efficiency of approximately 80% (parent company 80.37%, partner company 79.05%). By also performing a discriminant analysis based on the calculated efficiency scores using DEA, factors that made companies efficient or inefficient were different between the two groups. In parent companies, efficiency and inefficiency were determined by factors such as communication, infra-structure, support, delivery of quality, and benefit sharing, whereas in partner companies, talent development, infrastructure, crisis management, and delivery of quality were the determining factors. In this paper, we examined the efficiency of SCQM and analyzed them from the perspective of both the parent company and partner companies to offer strategic SCQM insights.

Marketing to Competitors' Customers using Agent based Modelling and Simulation Driven Strategy

  • Beyari, Hasan
    • International Journal of Computer Science & Network Security
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    • v.21 no.7
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    • pp.297-304
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    • 2021
  • In a duopoly situation, one firm can gain competitive advantage by attracting the price-sensitive customers from its competitor leading to higher profits through higher sale revenue for the competing company. A simulation study in which there are two electric car manufacturers with agent based modelling was conducted in order to verify this contention. The first step consisted of defining the baseline. Simulations of 1000 times and agent-based modelling were conducted with the assumption that company 1 reduced its price to the maximum of 20% thereby contributing to the switch-over of a maximum of 40% of the price sensitive customers of company 2. The results of 1000 simulations and agent-based modelling highlighted that price reduction by company 1 resulted in a significant increase in the number of customers, presumably due to switch-over from company 2 and there was a corresponding increase in revenues from both of the sales avenues. Thus, Company 1 achieved competitive advantage by marketing its cars to the customers of Company 2 using price reduction strategy to attract them. This study has ramifications for companies that aim to sway the price sensitive customers from a competitor.

The Effect of Interactivity on Relationship Quality and Performance in Internet Apparel Product Shopping (인터넷 의류제품 쇼핑 시 기업-소비자 간 상호작용성이 관계의 질과 관계성과에 미치는 영향)

  • Bae, Kang-Mi;Park, Jae-Ok
    • Journal of the Korean Society of Clothing and Textiles
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    • v.34 no.9
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    • pp.1538-1545
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    • 2010
  • Relationship marketing can be one of the most efficient strategies that enable a company to achieve business success in the marketing environment of tough competition and the desire of consumers for diverse products. Using relationship marketing instead of mass marketing can help a company increase profits. For. proper research in relationship marketing, it is indispensable to study interactivity. This study investigates the effects of interactivity on relationship marketing. The results are as follow: The enterprise-consumer interactivity had a significantly positive effect on relationship quality (trust, satisfaction, and commitment). Especially enterprise-consumer interactivity appeared as the most positive effect on satisfaction and customization benefit appeared to be the most positive effect on trust. The enterprise-consumer interactivity had a significantly positive effect on relationship performance (long-term relationship orientation, repurchase intention, and word of mouth). Especially, enterprise-consumer interactivity appeared as the most positive effect on long-term relationship orientation. Internet shopping malls should enhance the interaction between the company and customers with the feedback system to share important information, and maintain a reliable technological environment. The company can deal with customer requirements by supplying proper products and content. The findings of this study provide both industry and academic researchers with a guide to increase customer satisfaction in the relationship marketing process.

Optimization of Condensate Water Drain Logic Depending on the Characteristics of Drain Valve in FPS of Fuel Cell Vehicle and Development of Anode Water Management Strategy to Achieve High Fuel Efficiency and Operational Stability (연료전지 자동차 내 수소 공급 시스템에서 드레인 밸브 특성에 따른 드레인 로직 최적화 및 연비와 운전안정성을 고려한 물 관리 전략 개발)

  • AHN, DEUKKUEN;LEE, HYUNJAE;SHIM, HYOSUB;KIM, DAEJONG
    • Journal of Hydrogen and New Energy
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    • v.27 no.2
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    • pp.155-162
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    • 2016
  • A proton exchange membrane fuel cell (PEMFC) produces only water at cathode by an electrochemical reaction between hydrogen and oxygen. The generated water is transported across the membrane from the cathode to the anode. The transported water collected in water-trap and drained to the cathode within the humidifier outlet. If the condensate water is not being drained at the appropriate time, condensate water in the anode can cause the performance degradation or fuel efficiency degradation of fuel cell by the anode flooding or unnecessary hydrogen discharge. In this study, we proposed an optimization method of condensate water drain logic for the water drain performance and the water drain algorithm as considered the condensate water generating speed prep emergency case. In conclusion, we developed the water management strategy of fuel processing system (FPS) as securing fuel efficiency and operating stability.

The Effect of Liquidity, Leverage, and Profitability on Firm Value: Empirical Evidence from Indonesia

  • JIHADI, M.;VILANTIKA, Elok;HASHEMI, Sayed Momin;ARIFIN, Zainal;BACHTIAR, Yanuar;SHOLICHAH, Fatmawati
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.423-431
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    • 2021
  • This study aims to examine the effect of liquidity, activity, leverage, and profitability on firm value, as well as the effect of disclosure of corporate social responsibility (CSR), which in this study is a moderator and company size as a control variable. The sampling technique used in this study is a purposive sampling method with certain criteria, to obtain a sample of 22 LQ45 index companies listed on the Indonesia Stock Exchange in 2014-2019. The data analysis method in this study used was the Multiple Linear Regression Analysis with the SPSS 18 Program. The results show that the ratios of liquidity, activity, leverage, and profitability are significant to firm value in accordance with the initial hypothesis of the study. Corporate Social Responsibility (CSR) plays a role as a moderating variable and company size variable as a control variable on the effect of financial ratios (liquidity, activity, leverage, and profitability) on firm value. The implication of this research is that CSR has a very important role in increasing company value. To attract more investors, companies must pay attention not only to financial performance but also to social performance. Large-scale companies tend to do more CSR so that the company value will increase.