• Title/Summary/Keyword: DEA Efficiency

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A Modeling of an efficiency analysis based on DEA_AR and AHP for the improvement of usefulness of the Accreditation of Hospitals (의료기관평가의 유용성 증대를 위한 AHP와 DEA_AR 기반의 효율성 분석 모델 구축)

  • O, Dong-Il
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.7
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    • pp.2406-2419
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    • 2010
  • This study aims to elevate the usefulness of the current annual Accreditation of Hospitals. To achieve this purpose, A modeling of an efficiency analysis based on DEA and AHP to the Accreditation of Hospitals Data from 2004 to 2008. By applying to AHP and DEA_AR to the scores derived from the various domains in data, An adequate prediction model about conversion factor in fee contract is made. By summarizing information derived from DEA, factor analysis and Generalized Linear Model, The linear functions combining conversion factor and efficiency index is successfully established. The factor analysis with AHP was used to merge diverse scores from the domains of evaluation. Not only the input and output initially introduced, AHP scores, dummy variables of hospital classification, geographical location are effective variables to forecast a conversion factor. If a predicted conversion factors from efficiency is used, It will be a great contributions to the annul doctor's fee contract.

An Efficiency Comparison of Container Terminals in Korea and China by Using Super Efficiency-DEA and Malmquist Productivity Index (Supper Efficiency DEA와 Malmquist 생산성 지수를 활용한 한·중 컨테이너터미널의 효율성 비교)

  • Zheng, Xue-Bin;Kim, Yul-Seong
    • Journal of Korea Port Economic Association
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    • v.32 no.3
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    • pp.1-20
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    • 2016
  • The objective of this study was to select world top 20 major container terminals that belong to Korea and China as comparison units to analyze their efficiency and productivity trend. Super Efficiency Data Envelopment Analysis(SE-DEA) and Malmquist Productivity Index(MPI) models were applied to this study. Compared with previous studies, we narrowed down the scope of the comparison units to terminals and conducted more detailed analysis to present more meaningful implications to the actual operation. The different result from existing studies, SE-DEA analysis implied that the major terminals of Busan New Port showed similar efficiency and productivity with China's terminals. In MPI analysis, the average index of Korean and China's terminals is 1.051 and 1.049. The analysis indicates that the productivity was improved 5.1% and 4.9% annually. From 2012 to 2015, the average terminal TCI index of South Korea and China were 1.032 and 1.0318-the main factor which influences MPI. This means improving productivity mainly rely on investment in new equipment and technology upgrades rather than improve operational efficiency over the past few years. Future management decisions should consider more aggressive marketing to increase the volume and improve operational efficiency to enhance productivity. Further research should apply the overall efficiency of the methodology considering the financial diversification, terminal capacity, service levels, and other factors.

The Development of the DEA-AR Model using Multiple Regression Analysis and Efficiency Evaluation of Regional Corporation in Korea (다중회귀분석을 이용한 DEA-AR 모형 개발 및 국내 지방공사의 효율성 평가)

  • Sim, Gwang-Sic;Kim, Jae-Yun
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.1
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    • pp.29-43
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    • 2012
  • We design a DEA-AR model using multiple regression analysis with new methods which limit weights. When there are multiple input and single output variables, our model can be used, and the weights of input variables use the regression coefficient and coefficient of determination. To verify the effectiveness of the new model, we evaluate the efficiency of the Regional Corporations in Korea. Accordance with statistical analysis, it proved that there is no difference between the efficiency value of the DEA-AR using AHP and our DEA-AR model. Our model can be applied to a lot of research by substituting DEA-AR model relying on AHP in the future.

A Study on the Efficiency Analysis of Global Line Service (글로벌선사의 운영성과 향상을 위한 항로의 효율성 분석)

  • Shin Chang-Hoon;Choi Min-Seung;Song Jae-Young
    • Journal of Navigation and Port Research
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    • v.29 no.6 s.102
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    • pp.495-500
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    • 2005
  • This paper presents an approach to the measurement of efficiency which is trunk route of global liners. Data envelopment analysis(DEA), as it is called, has particular applicability in the service sector. Applying mathematical programming techniques, DEA enables relative efficiency ratings to be derived within a set of analysed units(Iine services). This paper investigates the efficiency employing DEA Model of line services classified into routes( ex. America-asia line, Europe-asia line, Pendulum line etc). Results of this paper, suggests to some plans for improving the performance in the side of operating global liners.

A Study on the Efficiency Analysis of Global Line Service (글로벌선사의 운영성과 향상을 위한 항로의 효율성 분석)

  • Shin, Chnag-Hoon;Choi, Min-Seung;Song, Jae-Young
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • v.29 no.1
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    • pp.473-478
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    • 2005
  • This paper presents a approach to the measurement of efficiency which is trunk route of global liner. Data evelopment analysis(DEA), as it is called, has particular applicability in the service sector. Applying mathematical programming techniques, DEA enables relative efficiency ratings to be derived within a set of analysed units(line services). This paper investigates the efficiency employing DEA Model of line service classified into route(ex. America-asia line, Europe-asia line, Pendulum line etc). Result of this paper, suggests to some plan for improving the performance in the side of operating global liner.

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Measuring Efficiency of Korean Fund Operation Company using DEA (DEA 모형을 이용한 국내 펀드 운용사의 효율성 분석)

  • Kim, Jong-Ki;Kang, Da-Yeon;Park, Ki-Woon;Park, Je-Hun;Ok, Seok-Jae
    • The Journal of the Korea Contents Association
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    • v.8 no.4
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    • pp.173-182
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    • 2008
  • It is hard environment to get a profit without active invest due to the low interest. In this kind of environment, however, it is also difficult to find good company directly. So private investors is hard to succeed in comprehensive financial environment. Analyzing efficiency is necessary to enhance the competitive power of fund companies. This paper analyze the efficiency of fund company using DEA models. We evaluate the CCR and BCC efficiency and RTS(return to scale) of 33 Korean fund companies. We also suggest the fund company which can be benchmarked based on analyzed information.

A Study on the Efficiency Analysis of Container Terminal (우리나라 컨테이너터미널 효율성 분석에 관한 연구)

  • Park, Byung-Keun;Choi, Min-Seung;Song, Jae-Young
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • v.1
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    • pp.163-170
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    • 2006
  • This paper presents a approach to the measurement of efficiency. Data envelopment analysis(DEA), as it is called, has particular applicability in the service sector. Applying mathematical programming techniques, DEA enables relative efficiency ratings to be derived within a set of analysed units. This paper investigates the efficiency employing DAE-CCR Model and DEA-BCC Model on data for 15 container terminals covering 1998$^{\sim}$2005 in Korea Results of this paper, suggests to some plan for operation strategy in Container terminals.

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Data Envelopment Analysis on Measuring the Performance of Vietnamese Joint-Stock Commercial Banks

  • NGO, Duc Tien;PHUNG, Thu Ha;DINH, Tuan Minh;NGUYEN, Thuy Lien
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.7
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    • pp.53-62
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    • 2022
  • Commercial banks have a significant impact on the economy of Vietnam because they provide the majority of transactional capital. Therefore, the operational efficiency of commercial banks is a viral topic for the study of the Vietnamese banking system. The research aims to examine the efficiency and inefficiency of joint-stock commercial banks in Vietnam from 2016 to 2020 and then classify them into the efficient group and inefficient group. The study employs the time series data of 29 joint-stock commercial banks during the period 2016-2020. Based on the data collected from the annual audited financial statements of 29 Vietnamese joint-stock commercial banks, the authors select input and output variables for the standard DEA models and anti-efficient DEA models. This research uses two stages, first, by applying the standard DEA model, we investigate the efficient banks; second, by employing the anti-efficient DEA model, we find out the inefficient banks. The results reveal that the average efficiency score of 29 joint-stock commercial banks tends to increase in the period 2016-2018 and decrease gradually in the period 2019-2020. The findings of this study suggest that several small and medium-sized banks in the Vietnamese banking sector have both promising and risky performances and the efficiency of state-owned commercial banks has also improved significantly during the study period.

Evaluation of Efficiency of Snow Removal Operation Resources using Data Envelopment Analysis (DEA를 이용한 동절기 도로제설자재 운영 효율성 평가)

  • Kim, Jin Guk;Yang, Choong Heon;Park, Geun Hyoung
    • International Journal of Highway Engineering
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    • v.20 no.2
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    • pp.109-118
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    • 2018
  • PURPOSES : This study evaluates the efficiency of snow removal operation resources using data envelopment analysis (DEA). The results of this study can help decision-making strategies, especially for resource allocation for snow removal works on national highways. METHODS : First, regional road management offices (DMUs) for efficiency evaluation were set up, and a database (for years 2012-2016) for analysis was formed. Second, DEA was carried out by selecting input and output variables based on the constructed database. Lastly, based on the results of the DEA, the efficiency of each regional road management office was evaluated. In addition, the potential for future improvement was determined. RESULTS : The results showed that there was a large variation in efficiency of snow removal operation resources by regional offices. CONCLUSIONS : The results of this study imply that the evaluation of efficiency for snow removal operation resources is important when decisions related to snow-removal strategies are made by road management offices.

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.