• Title/Summary/Keyword: Performance indices

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The applicability of financial indices as a measure of managerial performance of general hospitals (재무지표를 이용한 병원경영성과 유형화 방안)

  • 류규수
    • Health Policy and Management
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    • v.6 no.1
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    • pp.191-210
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    • 1996
  • This study purported to acquire information necessary to improve the operational efficiency of general hospitals. It tried to determine major indices which represent managerial performance of general hospitals and to identify the managerial characteristics of general hospital which affect the major financial indices. 201 hospitals which were subject to standardization audit by the Korean Hospital Association were investigated and 80 hospitals were finally chosen for this study. Their financial and managerial data during the period between January 1991 and December 1991 were collected. Considering financial indices in this study were the ration of net income to total asset, income growth rate, and quick ration. The results of study are summarized as followings. First. The ration of net income to total assets and quick ration were highly related to managerial characteristics of general hospitals. Therefore, the standardization of three financial indices should be needed to systematically check the operational efficiency of general hospitals. Second, the sample hospitals can be classified as four groups on the basis of their financial indices' level. 4 of those hospitals(5.0%) showed high level of performance in terms of three financial indices and 27 of them(33.7%) showed that they are highly related to only two financial indices. 34 hospitals(42.5%) showed they have high level of relationship with only one indices and 15 hospitals(18.8%) showed very weak performance level with three indices. In addition, there is no hospitals to show mid-range level of managerial performance in relation to all three financial indices. Third, there is no significant relationship between three financial indices and the managerial characteristics of hospitals such as the number of beds, type of operation, location of hospitals, and etc. However, in the case of hospitals which have high level of managerial performance, they have more specialists and medical support personnel in comparison to low performance hospitals. They also have high level of bed occupancy rate and average length of stay(ALOS). In conclusion, the study showed the standardization of 3 financial indices are necessary to systematically evaluate the managerial performance of general hospitals and provide more accurate operational information for each hospital. To do so, it is necessary to focus on management side of hospital such as the effective human resource management and quality enhancement of medical treatment.

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A Study on the Performance of Similarity Indices and its Relationship with Link Prediction: a Two-State Random Network Case

  • Ahn, Min-Woo;Jung, Woo-Sung
    • Journal of the Korean Physical Society
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    • v.73 no.10
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    • pp.1589-1595
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    • 2018
  • Similarity index measures the topological proximity of node pairs in a complex network. Numerous similarity indices have been defined and investigated, but the dependency of structure on the performance of similarity indices has not been sufficiently investigated. In this study, we investigated the relationship between the performance of similarity indices and structural properties of a network by employing a two-state random network. A node in a two-state network has binary types that are initially given, and a connection probability is determined from the state of the node pair. The performances of similarity indices are affected by the number of links and the ratio of intra-connections to inter-connections. Similarity indices have different characteristics depending on their type. Local indices perform well in small-size networks and do not depend on whether the structure is intra-dominant or inter-dominant. In contrast, global indices perform better in large-size networks, and some such indices do not perform well in an inter-dominant structure. We also found that link prediction performance and the performance of similarity are correlated in both model networks and empirical networks. This relationship implies that link prediction performance can be used as an approximation for the performance of the similarity index when information about node type is unavailable. This relationship may help to find the appropriate index for given networks.

Case Study for Restructuring Informatization Level Indices of Small and Medium sizd Enterprises (중소기업정보화 수준 조사 지표 개선 사례 연구)

  • Yang, Hee-Dong;Kim, Ki Ho;Han, Hyun-Soo
    • Journal of Information Technology Applications and Management
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    • v.19 no.4
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    • pp.197-212
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    • 2012
  • In this paper, we report the public IT policy case results to restructure informatization level indices for small and medium sized enterprise(SME). The indices restructuring project was initiated by TIPA with the group of experts during 2011, and the newly amended indices was employed as the formal instrument to measure SME informatization level. The critical drivers to reform the indices include simplification for more accurate measurement of SME informatization level, reshaping key representative indices of smart IT to better publicize SME's interest toward advanced IT, and systematic reconfiguration of performance measures which reflect business performance enhancement effect through IT investment. Indeed, the IT performance indices are unified to incorporate the instrument for general SME informatization level survey and IT adoption subsidy's effectiveness appraisal. The procedures and details of logic illustrated in this paper provides useful insight for successful implementation of SME informatization as well as for the better policy deployment of IT subsidization for SMEs.

A Proposal for New Definition of Performance Indices of a Desiccant Rotor (제습로터 성능지료 제안)

  • Lee, Dea-Young;Lee, Gil-Bong;Kim, Min-Soo
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.19 no.7
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    • pp.537-544
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    • 2007
  • To facilitate comparative analysis on the effects of numerous parameters concerning design and operation of a desiccant rotor, it is firstly required to represent the dehumidification performance as numerical indices. In this work is proposed two performance indices of a desiccant rotor: the humidity effectiveness and the enthalpy-leak ratio. The humidity effectiveness represents the actual dehumidification as compared with the dehumidification in an ideal case, while the enthalpy-leak ratio represents the enthalpy transfer from the regeneration side to the dehumidification side. In an ideal case, the two indices approach one and zero, respectively. The effects of numerous parameters on the dehumidification performance of a desiccant rotor are investigated through numerical simulation and represented with the two indices. The results show that the performance indices are mainly determined by three nondimensional parameters each representing the thermal capacity, the sorption capacity, and the transfer capacity of a desiccant rotor.

Quality and Environmental Performance Indices for Electrical Appliance Recycling in Taiwan

  • Shih, Li-Hsing;Lan, Yuan-Bo
    • Proceedings of the IEEK Conference
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    • 2001.10a
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    • pp.65-70
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    • 2001
  • Six recycling plants have started operation for recycling scrap home appliances since the spring of 2000 in Taiwan. The performance of the plants has not yet been measured during the 18-month period. The performance measurement, however, can be looked in several aspects. Because of the nature of these recycling plants, at least three aspects, namely government (representing general public), appliance manufacturers and owners of the recycling plants themselves should be considered in the performance evaluation. This study proposes various performance indices categorized in four groups: profitability, recyclability, automation and environment. The indices are different from the productivity and cost measures that are used in conventional manufacturing plants. Performances of three existing plants in Taiwan are evaluated as illustrative examples to demonstrate the use of the proposed measures. The practical implications of the performance indices are also discussed.

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Robust Kalman Filter Design via Selecting Performance Indices (성능지표 선정을 통한 강인한 칼만필터 설계)

  • Jung Jongchul;Huh Kunsoo
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.29 no.1 s.232
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    • pp.59-66
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    • 2005
  • In this paper, a robust stationary Kalman filter is designed by minimizing selected performance indices so that it is less sensitive to uncertainties. The uncertainties include not only stochastic factors such as process noise and measurement noise, but also deterministic factors such as unknown initial estimation error, modeling error and sensing bias. To reduce the effect on the uncertainties, three performance indices that should be minimized are selected based on the quantitative error analysis to both the deterministic and the stochastic uncertainties. The selected indices are the size of the observer gain, the condition number of the observer matrix, and the estimation error variance. The observer gain is obtained by optimally solving the multi-objectives optimization problem that minimizes the indices. The robustness of the proposed filter is demonstrated through the comparison with the standard Kalman filter.

A Study on the Factors of Managerial Performance in General Hospitals (병원특성 변수에 경영성과 판별력에 관한 연구 : 우리나라 종합병원을 중심으로)

  • 류규수
    • Health Policy and Management
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    • v.5 no.1
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    • pp.132-160
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    • 1995
  • This study purported to acquire information necessary to improve the management of general hospitals. It tried to determine major indices which represent managerial performance of general hospitals and to identify the managerial characteristics of general hospitals which affect the major financial indices. Eighty-eight hospitals were chosen from 188 hospitals which were subject to standardization audit by the Korean Hospital Association. The results of a discriminant analysis are summarized as followings. First, when a single index was used to measure managerial performance of the sample hospitals, the ration of net profit to total capital was the best index and its discriminant power was 58.14%. The ratio of the number of boardmen((M. D.) and average daily medical cost were highly related to this index. Second, when two indices were used, income growth rte and the ration of net profit to total capital had the highest discriminant distinction ability. Their discriminant power was 61.9%. In this case, the ratio of the number of boardmen(M. D.) was significantly and highly related to the indices. Third, when all three indices-income growth rate, the ration of net profit to total capital and quick ratio - were used together, a discriminant function was statistically insignificant. Therefore, using all three indices was not useful in measuring managerial performance of the sample hospitals. In conclusion, using two indices-income growth rate and the ration of net profit to total capital-was better in measuring manegerial performance of general hospitals than using a single index. The independent variable which affected these indices was the ration of the number of boardmen. The discriminant function was : $D_{GI}=2.77+4.832\times(the ratio of the number of boardmen)$ *G=growth index(income growth rate) *I=profit index(the ration of net profit to total capital)

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Development of Evaluation Items and Measurement Indices for Knowledge Management Performance of Government-funded Research Institutes (정부출연연구소의 지식관리 성과 평가항목 및 측정지표 개발)

  • Jung, Taik-Yeong;Kim, Sang-Hoon;Park, Il-Kyu;Kim, Chang-Kyu
    • Journal of Information Technology Services
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    • v.10 no.4
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    • pp.171-189
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    • 2011
  • KAs information and knowledge are increasingly becoming more important in the knowledge-driven society, knowledge management, as a very important management paradigm, is securing firm position in private and public sectors. Complying with this paradigm, government-funded research institutes in science-technology sector are actively utilizing knowledge management by employing knowledge management system and evaluating its applications' performance. The purpose of this study is to develop evaluation items and measurement indices to rationally measure knowledge management performance of the government-funded research institutes and to verify the feasibility of applying these evaluation items and indices. To achieve this research goal, the evaluation model of knowledge management performance was constructed by reviewing and integrating the existing studies, and subsequently, evaluation areas, evaluation items, measurement indices were derived from this evaluation model. Also, the feasibility analysis on the evaluation items and measurement indices was performed by means of FGI(Focus Group Interview) with the knowledge management experts belonging to Korean government-funded institutions in science-technology sector. The implications of this study are as follows : in theoretical perspective, this study has proposed a criterion frame to evaluate knowledge management performance, and has rationally drawn evaluation items and measurement indices from the criterion frame. And in practical perspective, this study has improved the validity and practicality of the measurement indices, which can lead to more reasonable and easier evaluation of knowledge management performance of the government-funded research institutes.

An Empirical Study on Manufacturing Strategy and Managerial Performance in Domestic Electronic Firms (한국 전자기업의 생산전략과 경영성과에 관한 실증 분석)

  • Lee, Sang-Cheon;Chang, Deok-Shin
    • IE interfaces
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    • v.16 no.3
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    • pp.300-310
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    • 2003
  • In this study, we empirically investigated the internal consistency among priorities in manufacturing strategy, manufacturing activity program performances and managerial performance indices in domestic electronic manufacturing firms. The test results show that there exist several significant internal consistencies with managerial implication related in research model. Especially, priority in quality shows most significant consistency through manufacturing activity program performances and managerial performance indices.

A Study on the Development of Assessment Indices about Greening Performance of Datacenter (데이터센터의 그린화 성능 평가지표 개발에 관한 연구)

  • Ahn, Jae-Geun
    • Journal of the Korea Society of Computer and Information
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    • v.16 no.4
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    • pp.29-42
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    • 2011
  • This study deals with the assessment indices about greening performance of datacenter. To do this, we survey existing standards and guidelines about datacenter. Those are used constructing new model of datacenter regarding greening performance. In this model, the relationship between major components will be represented by job-energy-thermal notation. Items, criteria and methods are created in order to complete the assessment indices. The existing assessment indices of the datacenter level and equipment level are investigated. Parameters, the degree of virtualization and energy efficiency also affects the performance of the green performance. Finally, to determine the improvements, the proposed indices is compared with the existing assessment tools.