• Title/Summary/Keyword: Profitability Evaluation

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Study on the Expected Effects of KS Certification on Companies (KS표시인증이 기업에 기대되는 효과에 관한 연구)

  • Kim, Kwang-Soo;NamGung, Jak
    • Proceedings of the Safety Management and Science Conference
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    • 2011.11a
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    • pp.397-411
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    • 2011
  • This study is aimed to measure the cause and effect relationship on observation on KS evaluation by surveys related to KS certification, opinions and satisfaction on KS certification, expected effect through KS certification, profitability performance, financial performance, and productivity performance based on department heads and acting chiefs working on KS certification, to SMEs which have acquired KS certification mark in Korea. This study aims to examine how KS certification is impacting on companies' expected effects, management performance and development by examining the realistic effects of KS certification in various aspects and expected effects on companies.

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The Development of Evaluation Model for New Business Projects Using AHP and Case Study of Telecommunication Equipment Company (AHP를 이용한 신규사업과제의 평가모형 개발 및 통신장비회사의 사례연구)

  • 조성백;한인구
    • Journal of the Korean Operations Research and Management Science Society
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    • v.27 no.1
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    • pp.53-73
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    • 2002
  • The launch of a new business is crucial to the future growth and profitability of a company. A new business project typically requires a large amount of resources while it has a high possibility of failure. The evaluation of new business opportunities is therefore quite a critical decision-making to companies. This evaluation includes screening of a large number of criteria at a time which often makes desision-making very complicated. Management should evaluate the business alternatives in a sound and consistent manner that is hard to achieve because the new business evaluation is a typical semi/unstructured decision-making problem. The difficulty in such an evaluation will increase if it is required for management to consider both quantitative and qualitative criteria simultaneously. Under these circumstances, this study has proposed a decision-making framework that utilizes analytical hierarchy process(AHP). This study has identified a set of criteria essential to the new business evaluation and suggested a systematic framework for it. Both qualitative and quantitative evaluations are incorporated into the single framework in this study.

Evaluation of Technical Production Efficiency and Business Structure of Domestic Combined Heat and Power (CHP) Operators: Panel Stochastic Frontier Model Analysis for 16 Collective Energy Operators (국내 열병합발전사업의 기술적 생산효율성 추정 및 사업구조 평가: 16개 집단에너지사업자에 대한 패널 확률프론티어모형(SFA) 분석)

  • Lim, Hyungwoo;Kim, Jaehyeok;Shin, Donghyun
    • Environmental and Resource Economics Review
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    • v.30 no.4
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    • pp.557-579
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    • 2021
  • Collective energy is an intermediate stage in energy conversion and has a great influence on the power structure as a distributed power source. However, the problem of the collective energy business has recently emerged due to the worsening profitability of some collective energy operators. This study measured the technical efficiency of major operators through the estimation of the production efficiency of Korean collective energy operators, and based on this, we looked at ways to improve the profit structure of operators. After collecting detailed data from 16 collective energy operators between 2016 and 2019, the production efficiency of operators was estimated using the panel stochastic frontier model. As a result of the estimation, combined steam power operators showed the highest production efficiency and reverse CHP operators showed the lowest efficiency. Furthermore, as a result of examining the factors influencing profitability, it was confirmed that production efficiency has a positive effect on overall profitability. However, businesses with a high proportion of heat production, such as small district electricity operators, profitability was lower. This phenomenon is due to the structural limitations of the current heat sales market. Hence, the adjustment of the heat sales unit price is necessary to improve profitability of collective energy operators.

A Business Evaluation Model for Internet Shopping Mall in Electronic Commerce (전자 상거래에서 인터넷 쇼핑몰의 비지니스 평가 모델)

  • 박용진;한주윤;정봉주
    • Korean Management Science Review
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    • v.17 no.3
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    • pp.97-118
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    • 2000
  • This paper proposes an evaluation model for internet shopping mall business by defining its characteristics and evaluation criteria. We analyzed the characteristics of internet shopping mall business environments and classified the business into four major categories. We derived the evaluation criteria which can evaluated all categories comprehensively. The proposed criteria are cost, netizen, technology, transaction, and marketing, each of which gives a significant impact on the business profitability. Based on these criteria, a quantitative evaluation method was developed. We also proposed a penta-classification scheme which can be used to identify the overall characteristics shape of each internet shopping mall business site. An actual application of our evaluation model was illustrated in order to show that our proposed model may be used in the real business sites.

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Developing a Measurement Scale for User Evaluations of Internet Portal Sites (인터넷 포털 사이트에 대한 사용자 평가측정 도구의 개발)

  • 김현경;이문규;김해룡
    • The Journal of Society for e-Business Studies
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    • v.6 no.3
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    • pp.127-148
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    • 2001
  • As the Internet service is expanding rapidly, portal sites, a gateway tn the net, are attracting increasing attention these days. As the Internet service has expanded rapidly, so has the interest for portal sites,, which serve as a gateway to the net. Despite the tendency, however, research on a measure by which to evaluate the quality of portal sites or development of such measures has not been fully pursued. As online services, faced with profitability, are considering 'charge per view', the development of a set of quality evaluation measures for portal services will prove to become a valuable instrument in constructing competitive strategies that are vital for survival and growth of a firm. In that regard, this study aims to develop a set of evaluation measures for Internet portal sites by empirically investigating the most common offline measures for quality of services, SERVQUAL, retail SERVQUAL and other evaluation measures for IT-related online services. Moreover, the study offers the strategic implications of the defined measures.

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Optimal CO2 Enrichment Considering Emission from Soil for Cucumber Greenhouses

  • Lee, DongHoon;Lee, KyouSeung;Cho, Yong Jin;Choi, Jong-Myoung;Kim, Hak-Jin;Chung, Sun-Ok
    • Horticultural Science & Technology
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    • v.30 no.5
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    • pp.501-508
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    • 2012
  • Reducing carbon dioxide ($CO_2$) exhaust has become a major issue for society in the last few years, especially since the initial release of the Kyoto Protocol in 1997 that strictly limited the emissions of greenhouse gas for each country. One of the primary sectors affecting the levels of atmospheric greenhouse gases is agriculture where $CO_2$ is not only consumed by plants but also produced from various types of soil and agricultural ecosystems including greenhouses. In greenhouse cultivation, $CO_2$ concentration plays an essential role in the photosynthesis process of crops. Optimum control of greenhouse $CO_2$ enrichment based on accurate monitoring of the added $CO_2$ can improve profitability through efficient crop production and reduce environmental impact, compared to traditional management practices. In this study, a sensor-based control system that could estimate the required $CO_2$ concentration considering emission from soil for cucumber greenhouses was developed and evaluated. The relative profitability index (RPI) was defined by the ratio of growth rate to supplied $CO_2$. RPI for a greenhouse controlled at lower set point of $CO_2$ concentration (500 ${\mu}mol{\cdot}mol^{-1}$) was greater than that of greenhouse at higher set point (800 ${\mu}mol{\cdot}mol^{-1}$). Evaluation tests to optimize $CO_2$ enrichment concluded that the developed control system would be applicable not only to minimize over-exhaust of $CO_2$ but also to maintain the crop profitability.

Study on the Expected Effects of KS Certification on Companies (KS표시인증이 기업에 기대되는 효과에 관한 연구)

  • Kim, Kwang-Soo;NamGung, Jak;Chung, Soon-Suk
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.1
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    • pp.19-26
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    • 2012
  • This study is aimed to measure the cause and effect relationship on observation on KS evaluation by surveys related to KS certification, opinions and satisfaction on KS certification, expected effect through KS certification, profitability performance, financial performance, and productivity performance based on department heads and acting chiefs working on KS certification, to SMEs which have acquired KS certification mark in Korea. This study also aims to examine how KS certification is impacting on companies' expected effects, management performance and development by examining the realistic effects of KS certification in various aspects and expected effects on companies.

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Evaluation of the Pilot Village Project of Environment-Friendly Agriculture for a Rice Farming (친환경농업 시범마을 조성사업의 성과분석)

  • Kang, Choong-Kwan;Jung, Man-Chul
    • Korean Journal of Organic Agriculture
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    • v.12 no.2
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    • pp.121-134
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    • 2004
  • Crop inputs in excess of the yield potential of the soil type reduce profitability and increase pollution problems from leaching and runoff. Inaccurate fertilizer and pesticide application can also result in profit loss. Current farming practices plan only for the dominate soil in the field. A government-supported program titled "Pilot village project for the environment-friendly agriculture" was proceeded from 1999 to 2001 to tackle the problems with which our agriculture is faced by introducing IPM, INM and others. The objective of this study is to consider the potential input savings of agricultural chemicals and economic feasibility of the project compared with the conventional farming. The results of the analysis indicate the followings: (1) organic or no-pesticide farming size was increased from 9% in 1999 to 20% in 2001 ; (2) crop yield was a link bit lower than that of the conventional farming, but the sal6 price, gross income and income of the pilot village were 6%, 10% and 9% higher than that of the conventional farming, respectively; and (3) fertilizer and pesticide use also showed decreasing trend gradually.

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An Analysis of Evaluation for Korean Native Cattle (Hanwoo) Reproductive Performance and Cow-Calf Profitability (한우의 번식실태평가 및 번식우 생산성 분석)

  • Cho, Jaesung;Do, Changhee;Song, Hyungjun;Choi, Inchul
    • Journal of Embryo Transfer
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    • v.30 no.3
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    • pp.189-193
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    • 2015
  • Calculating break-even price of calf production is closely associated with reproductive efficiency. To determine the price, we need data from reproduction records including number of claves weaned, number of cows exposed for breeding, and annual cash coast per cow, and average weaning or market weight of claves sold and retained. Unfortunately, the data were not available in Korea native cow (Hanwoo). To evaluate the performance and the price, we collected calving interval from about 60,000 cows for last 10 years and estimated reproductive performance. Calving interval was increased 4.3% and pregnancy rate was decreased about 1.4~2.8% year-on-year. Increases in growth rates of number of cow and semen per calf supported the low reproductive performance. Finally, break-even price was calculated using estimated percent calf crop and demonstrated that growth rate of break-even price is larger than that of annual cash per cow, suggesting cow-calf profitability and financial efficiency in Korea native cow (Hanwoo) is getting worse.

Study on the Priority of Defense R&D Project for Verifying Weapon Systems Requirement (전력소요 통합검증을 위한 국방 R&D사업 우선순위 선정에 관한 연구)

  • Lee, Ho-Jin;Ahn, Nam-Su
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.5
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    • pp.153-159
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    • 2018
  • In recent years, the development of weapons systems in the field of defense research and development has become increasingly large, complex, and long-term, and so have budgets and the time spans involved. In order to improve this, the Weapon Systems Requirement Verification Committee, which benchmarked the preliminary feasibility of the private sector, was established to verify the appropriateness of requirements, and the necessity and priority of the projects. This research proposes a methodology for analyzing and prioritizing proposed weapons systems for effective and strategic allocation of defense budget funding. First, the evaluation factors that can be used in the defense sector were assessed by analyzing the related fields. We set the weighting of items by using the analytical hierarchy process for technical risk assessment and technical profitability evaluation. After that, we applied the methodology to 32 weapons systems and analyzed the results. In conclusion, through this study, it was possible to analyze profitability dimensions overlooked in the existing methodology.