• Title/Summary/Keyword: Scale efficiency CCR

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Management Efficiency of High-growth Electrical and Electronics Industry (고성장 전기·전자사업의 경영효율성)

  • Kang, Da-Yeon;Lee, Ki-Se
    • The Journal of the Korea Contents Association
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    • v.19 no.8
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    • pp.151-158
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    • 2019
  • The high-technological in the electric and electronic industries is recognized in overseas markets as well. However, the competition for technologies in these industries is increasing. Therefore, electric and electronic firms should be more efficient in their production. so, This paper analyzes the efficiency of High-growth Electrical and Electronics firms using DEA model. We evaluate the CCR, BBC efficiency and RTS(return to scale) of 20 Korean high-growth Electrical and Electronics firms. There are a total of 12 efficient DMUs with a BCC of 1. There are a total of 4 efficient DMUs with a CCR of 1. A total of 11 DMUs were IRS in Scale Efficiency and a total of 6 DMUs were CRS in Scale Efficiency and a total of 3 DMUs were DRS in Scale Efficiency. We also suggest the Electrical and Electronics firms which can be benchmarked based on analyzed information.

A study on Management Efficiency of Semiconductor Industry (반도체 산업의 경영효율성에 관한 연구)

  • Kang, Da-Yeon;Lee, Ki-Se
    • The Journal of the Korea Contents Association
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    • v.20 no.2
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    • pp.27-35
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    • 2020
  • The Korean semiconductor industry is the top export item, and its technological prowess is also higher than that of its competitors. However, the technology gap with rivals will narrow. And the semiconductor industry is facing difficulties due to trade friction. Therefore, semiconductor firms should be more efficient in their production. we study analyzes the efficiency semiconductor firms using DEA model. We evaluate the CCR, BBC efficiency and RTS(return to scale) of 30 Korean semiconductor firms. There are a total of 13 efficient DMUs with a BCC of 1. There are a total of 6 efficient DMUs with a CCR of 1. A total of 10 DMUs were IRS in Scale Efficiency and a total of 9 DMUs were CRS in Scale Efficiency and a total of 11 DMUs were DRS in Scale Efficiency. We also suggest the semiconductor firms which can be benchmarked based on analyzed information.

An Analysis of Efficiency of Sea Food Manufacturing (수산식품 가공업의 효율성 분석)

  • Yoon, Sang-Ho;Park, Cheol-Hyung
    • The Journal of Fisheries Business Administration
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    • v.46 no.2
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    • pp.111-125
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    • 2015
  • This study is to analyze the efficiency of Korean sea food manufacturing using Data Envelopment Analysis. Firstly, based on an output oriented traditional CCR, BCC model, the study estimated the efficiency scores. The average estimates of technical, pure technical, and scale efficiency turned out 0.6517, 0.7184, 0.9074 respectively, which are separated for 50 marine corporations. The 10 DMUs were efficient under CCR model while the 17 DMUs under BCC model. Also, the study suggested that the operating profit of the two output factors should be more increased relatively and averagely from the viewpoint of efficiency improvement. Secondly, super efficiency scores are estimated under super efficiency and SBM model. As a result, it came to be possible to distinguish and rank the efficiency of the efficient DMUs. The highest score was 4.2975 under Super-CCR, was 2.4947 under Super-BCC, was 2.7160 under SBM-Super-CCR, and was 1.5319 under SBM-Super-BCC model. The average estimates of super efficiency were 0.76 and 0.82 under Super-CCR and Super-BCC model respectively, and were 0.61 and 0.67 under SBM-Super-CCR and SBM-Super-BCC model. Finally, the study conducted a rank-sum test, Wilcoxon-Mann-Whitney test, to find a statistical significance of heterogeneity existing in efficiencies among the sample corporations. The result showed that there was a significant difference in average efficiency between Dried, Salted product manufacturing and Frozen product manufacturing under BCC-Super efficiency model at 10% level of significance. Furthermore, TOBIT model was applied to find out the potential factors that might influence the efficiency, Wilcoxonand the results showed debt and sales cost influenced all of the technical, pure technical, and scale efficiency, while net profit influenced only the technical efficiency.

Management Efficiency of KOSDAQ-listed Information and Communications Industry (코스닥 상장 정보통신업의 경영효율성)

  • Kang Da-Yeon
    • The Journal of the Korea Contents Association
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    • v.22 no.5
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    • pp.165-173
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    • 2022
  • Recently, competition to provide specialized services for the information and communications industry has accelerated in terms of future technology and investment strategy of the Fourth Industrial Revolution. Technological innovations related to information and communications can be seen as increasing productivity, creating added value for companies, and playing a pivotal role in the development of economic growth. Therefore, efficient management of the information and communications industry is important. This study analyzes management efficiency stones for the top 30% of KOSDAQ-listed information and communications companies using dea, presents projected values of companies for efficient operation, and confirms benchmarking company references. We evaluated CCR efficiency, BCC efficiency, ranking, Scale Efficiency(SE), and Return To Scale (RTS) of KOSDAQ-listed information and communications businesses. The analysis showed CCR efficiency of 1, 14 companies, and 1 BCC efficiency, and Nanatan companies were analyzed as ten companies. Scale yield was analyzed by the IRS as four companies, 13 CRS and 13 DRS companies.

A Study on the Efficiency of Strategy of Korean Companies in India (한국기업의 인도진출 전략의 효율성에 관한 연구)

  • Kim, Changbong;Shim, Seop
    • International Commerce and Information Review
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    • v.19 no.3
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    • pp.45-61
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    • 2017
  • The purpose of this study is to examine the efficiency of Korean companies' entry strategy in India through the DEA model and to review the current status and competitiveness of Korean companies in India. To analyze 112 companies that entered India in analyzing the common variables among the major variables related to Korean companies' entry strategy into India. To measure efficiency, 'DEAR 2.1' An output - oriented CCR model and BBC model were used for the analysis to minimize the input and maximize the output factor. The results of the study on the relative efficiency analysis of the investment strategy of the companies in India are as follows. First, six firm was analyzed efficiently in the CCR model and most firms showed inefficiency in management. Second, even with the BCC model, which represents pure technology efficiency, 103 companies were analyzed efficiently as well. Unlike the CCR, overall technology efficiency of firms was high. Third, as a result of analyzing the efficiency of the scale, it was found that six company showed efficient efficiency, and most of the companies showed inefficiency overall. Companies with inefficiencies should increase efficiency by expanding their scale. Based on the above analysis, it is expected that the companies that will enter India in the future should secure the human and material resources to realize economies of scale considering the number of employees, investment scale, investment type and industry.

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Multi-criteria Decision Making Method for Developing Greenhouse Gas Technologies Strategically Considering Scale Efficiency: AHP/DEA CCR-I and BCC-I Integrated model Approach (규모의 경제성을 고려한 전략적 온실가스저감기술 개발을 위한 다기준의사결정기법: AHP/DEA CCR-I 및 BCC-I 혼합모형 적용)

  • Lee, Seong-Kon;Mogi, Gento;Kim, Jong-Wook
    • Transactions of the Korean hydrogen and new energy society
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    • v.19 no.6
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    • pp.552-560
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    • 2008
  • In 1997, Korean government established the National Energy and Resources Plan, which targeted from 1997 to 2005 with strategic energy technology development. At the end of 2005, Korean government built a New National Energy and Resources Plan preparing for upcoming 10 years from 2006 until 2015 based on energy technology trees comparing with the previous plan, which based on the energy R&D projects. In this research, we prioritize the relative preferences and efficiency by an AHP/DEA CCR-I and BCC-I integrated model approach considering scale efficiency for well focused R&D and efficiency of developing Greenhouse Gas technologies as an extended research from a view point of econometrics as an extended research.

A Trend Analysis of Competition Positioning in Korean Seaport by Using BCG Matrix

  • Park, Ro-Kyung
    • Proceedings of the Korea Port Economic Association Conference
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    • 2006.08a
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    • pp.253-276
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    • 2006
  • This paper has shown the trend of competition positioning of 26 Korean ports in 1994, 1999, and 2003 by using BCG matrix which consists of relative market shares, growth rate of cargo handling, and also growth rate and CCR and BCC efficiency scores with scale efficiency scores in the vertical and horizontal axes. The empirical main results are as follows. First, Incheon Port, Pyungtag Port, Gwangyang Port, Busan Port, Pohang Port and Woolsan Port have shown their competitive positioning in terms of market share and growth rate. Second, Pyungtag Port, Wando Port, Tongyoung Port, Gohyun Port, Samcheog Port, and Okgae Port have their competitive positioning in terms of growth rate and scale efficiency scores. The main policy implication of this paper is to emphasize that BCG matrix method using in this paper can give seaport manager the basic information for planning the future port management for enhancing the competitive positioning among Korean seaports.

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A Study on the Analysis of Relative Efficiency of Logistics Facilities in Korea (DEA기법을 이용한 한국 물류시설의 효율성 분석)

  • Lee, Kwangbae;Choi, Yongseok
    • Journal of Korea Port Economic Association
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    • v.29 no.2
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    • pp.159-171
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    • 2013
  • This paper aims to analyse the relative efficiency of logistics facilities and suggest the policy alternatives for exploring and activating them. This study also divides the logistics facilities into airport terminals, logistics complexes, container terminals, and trucking freight terminals. For this purpose, the CCR-DEA as well as the BCC-DEA techniques are employed to show which part explains the primary cause of inefficiencies of each DMU(Decision Making Unit). The empirical results indicate that the efficiency of logistics complex is the lowest of all, while freight trucking terminal has the highest efficiency. This study also reveals that operation inefficiency is greater than scale inefficiency in most of DMUs, showing that much more effort be done for alleviating the cost resulting from irrational management.

Efficiency Analysis for TV Home Shopping Companies Using DEA(Data Envelopment Analysis) (DEA 모형을 이용한 TV홈쇼핑기업의 상대적 효율성 연구)

  • Kim, Soon-Hong;Ahn, Young-Hyo;Oh, Seung-Chul
    • Journal of Distribution Science
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    • v.12 no.8
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    • pp.5-15
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    • 2014
  • Purpose - The method of TV home shopping is a kind of retail method that provides the viewer with information about products and, further, sells the products to consumers through the media of television. The domestic home-shopping industry has been expanding since 1995, and there are six companies in this arena as of 2012. In this study, we evaluate the management efficiency of TV home-shopping companies and provide suggestions for improving efficiency, using the DEA (data envelopment analysis) model. Hence, we expect to contribute to the progress of the companies' efficiency and the development of the TV home-shopping industry, where deepening competition is inevitable because it is experiencing the maturing market stage in its life cycle. Research design, data, and methodology - Efficiency is the ratio of the quantity of input to the quantity of output of a product or service. It is necessary to estimate aggregate inputs and aggregate outputs, which are calculated by applying a weighting to a number of input and output factors, to measure the efficiency. The DEA model is divided into the CCR model and the BCC model. The CCR model is a basic model that assumed constant returns to scale (CRS), and the BCC model extends the CCR model to accommodate technologies exhibiting variable returns to scale (VRS), and concerns only the technical efficiency without considering the efficiency of returns to scale. In this study, we consider six companies each year from 2008 to 2012 as a DMU (Decision Making Unit) and analyze the differences in efficiency for each company in each year. Furthermore, we evaluate the operating characteristics of TV home-shopping companies, using three models, in accordance with the overall performance, profitability, and marketability of the business. Results - The result of the analysis, using DEA models, shows that Hyundai Home Shopping (2009, 2010, 2011), GS Home Shopping (2011), NS Home Shopping (2011) and CJ O Shopping (2012) possess MPSS (most productive scale size), with a score 1.0 in CCR, BCC, and scale efficiency. Particularly, Hyundai Home Shopping is shown to be the most efficient in terms of overall business performance, marketability, and profitability. The overall efficiency of the home shopping industry has displayed an increasing trend since 2008, even though it decreased marginally in 2012; further, we can observe that home shopping companies operate with increasing efficiency with the passage of time. Conclusions - Home shopping companies have focused on market expansion rather than profits, as they displayed better efficiency in marketability than increase in profitability during the period 2008-2012. In addition, the main reason for the increased efficiency in the home shopping industry is the market expansion through the revenue increase of each home shopping company. This study can be used as a reference when home shopping companies attempt to devise future strategies, as it suggests efficiency benchmarks and development levels for each home shopping company.

DEA Model for Measuring the relative Efficiency of Korean Materials and Components Industry (DEA 모형을 이용한 부품소재산업의 효율성 분석)

  • Oh, Ji-Hwan;Chung, Ki-Ho
    • Management & Information Systems Review
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    • v.31 no.1
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    • pp.273-292
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    • 2012
  • This paper attempts to analyze the efficiency of Korean Materials and Components Industry. 48 sample companies are extracted and efficiency analysis for them are accomplished by using DEA model. We use both CCR-I model and BCC-I model and classify the 48 companies into two groups; efficient and inefficient companies. We find the reference set which inefficient companies should benchmark in order to achieve efficiency and present the improving values for input and output variables. We analyze whether the inefficiencies come from scale or inefficient operation by measuring the scale efficiency. Finally the ranking among the efficient companies is derived through the super-efficiency analysis.

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