• Title/Summary/Keyword: Weights and measures

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A Comparative Analysis of the Weights of Balanced Scorecard Performance Measures According to Corporate Life Cycle (기업 수명주기에 따른 균형성과표 성과지표 가중치 비교분석)

  • 손명호;유태우;김재구;임호순;이희석
    • Journal of the Korean Operations Research and Management Science Society
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    • v.28 no.1
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    • pp.79-95
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    • 2003
  • This paper investigates how the weights of performance measures vary depending on corporate life cycle, such as birth, growth, maturity, revival, and decline. Balanced Scorecard performance measures are employed for this investigation. Balanced Scorecard has been widely used for measuring a corporate Performance by incorporating financial and non-financial measures simultaneously. Because these performance measures are related to the compensation and promotion of employees, research of weights of performance measures would be instrumental. Questionnaires from 218 companies are analyzed. Depending on the corporate life cycle, our survey results demonstrate that the weights of the business Performance measures differ In the four Perspectives - financial. customer, Internal Process, and learning/growth. Our results can be used for enhancing the Duality of performance measurement systems.

A Comparative Analysis of Balanced Scorecard Performance Measures Based on Business Strategy (기업 전략에 따른 균형성과표 성과지표 비교분석)

  • Sohn, Myung-Ho;Kim, Jae-Gu;You, Tae-Woo;Rhim, Ho-Sun;Lee, Hee-Seok
    • Asia pacific journal of information systems
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    • v.13 no.1
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    • pp.1-22
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    • 2003
  • This study describes how the weights of performance measures varies depending on business strategy types, such as defenders, prospectors, analyzers, and reactors. A Balanced Scorecard has been widely used for measuring a corporate performance to incorporate financial and non-financial measures simultaneously. Because such performance measurements are related to the compensation and promotion of employees, research of weights of performance measures would be instrumental. Our test results demonstrate that the weights of the business performance measures differ in the four perspectives-financial, customer, internal process, and learning and growth. Furthermore, there is evidence that the weights of performance measures vary depending on business strategy. Our study results can be used for enhancing the quality of performance measurement systems.

BSC Analysis of Performance Measurement Systems of Government S&T Research Institutes (BSC 관점을 활용한 출연연구기관 평가제도의 수용성 연구)

  • Kim Byung-Tae;Nam Young-Ho
    • Journal of Korea Technology Innovation Society
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    • v.8 no.3
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    • pp.1087-1116
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    • 2005
  • This research examines performance evaluatees' opinions regarding the institutional performance evaluation systems of Government S&T Research Institutes (GRI). Research methodology is as follows: first, four perspectives of Kaplan & Norton (1992) Balanced Scorecard Model are revised into six perspectives suitable to GRI's characteristics. Second, experts classify current performance evaluation measures into the six perspectives. This enables different evaluation systems of three GRI evaluation groups to be compared under the same evaluation measures. Third, GRI's evaluatees are asked to allocate ideal weights on the performance measures. The evaluatees' weights are compared with the weights of current performance measures, and the characteristics of evaluatees' opinions about current performance evaluation systems are analyzed. Results are as follows; first, six perspectives for Korean GRIs are financial, long-term outcome, short-term outcome, strategic direction, project management, human resources perspectives. second, GRI evaluation systems put the most weights on the long- and short-term outcome perspectives and the least weights on the financial perspective. This result complies with theoretical model: in performance evaluation of GRIs, the customer perspective is the most important one while the financial perspective is the least important one. Third, evaluatees think that the long-term outcome perspective of the Basic-technology GRI group and the short-term outcome perspective of the Applied-technology GRI Group needs more weight. Fourth, it is found that the current systems have more weights on the project management and strategic direction perspectives than evaluatees think. The possible explanation of this result would be that since the measures of these perspectives are relatively easier to set up than those of other perspectives, the current systems contains larger number of measures and, accordingly more weights.

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Historical Changes in Weights and Measures of Herbal Formulas in Medical Classics (기존한약서의 현대적 용량 환산을 위한 도량형의 시대적 변천 고찰)

  • Han, Cheon-Hee;Lee, Soo-Yeon;Kim, Ji-Hoon;Kim, Yun-Kyung
    • Herbal Formula Science
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    • v.25 no.1
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    • pp.103-113
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    • 2017
  • Objectives : Korea and China are applying different conversion standards for weight in traditional medicine books. This study aims to research and suggest how to convert the units of weight in old traditional medicine classics into the contemporary unit of grams. Methods : Historical documents of Korea and China were used to review the process in which weights and measures changed in each country and the manners in which the Chinese units of weight were introduced to Korea. Results : Weights and measures changed with time. They became almost standardized by the period of Song in China, when coins played the most crucial role, and it was introduced to Korea. Donggaryang, the standard container for weights and measures in ancient China, Gaewontongbo, a coin in Tang, Sangpyeongtongbo, a coin in Joseon, and a scale in Joseon were used as strong foundations for conclusion from literature review. Weight of a 1-don(coin) in the time a traditional medicine books were written was used as a unit of weight in those books. Sangpyeongtongbo, a 1-don coin in Joseon, weighs 4 grams on average. Conclusions : Since the current conversion of 1-don coin into 3.75 grams is not supported by literature review, it is suggested that 1-don(coin) as a unit of weight in traditional medicine books of Joseon, may be better converted into 4 grams, while that of China is converted to 3.73 grams.

Relevance Analysis of Performance Evaluation Systems of Government S&T Research Groups (출연연구기관의 연구회 단위 기관평가제도의 적합성 분석)

  • Nam, Yeong-Ho;Kim, Byeong-Tae
    • Journal of Technology Innovation
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    • v.14 no.3
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    • pp.117-154
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    • 2006
  • This research examines performance evaluatees' opinions regarding the current institutional performance evaluation systems of Government S&T Research Institutes (GRIs). Under the current evaluation systems, twenty GRIs are grouped into three Research Groups and each Group has its own evaluation systems. One problem of the current institutional evaluation systems is that the systems cannot reflect individual GRIs' characteristics. The following methods are used. First, based on four perspectives of Kaplan & Norton(1992)'s Balanced Scorecard(BSC) model, six perspectives appropriate to GRUs' characteristics are derived. Second, experts classify current performance evaluation measures into the six perspectives. This enables different evaluation systems of three GRI Research Groups to be compared under the same evaluation measures. Third, GRIs' evaluatees are asked to allocate appropriate weights on the performance measures. Evaluatees' weights of a GRI are compared with average weights of the related Group. Finally in every BSC's perspective, GRIs that have extraordinarily over-scored or under-scored weights are analyzed in terms of GRIs' missions, customers, capability of human resources, etc. In the Basic Research Group, the Korea Basic Science Institute is deviated in the financial perspective and the strategic direction perspectives. In the Public Research Group, Korea Institute of Construction Technology is significantly different from other GRIs in three perspectives. Five out of eight GRIs in the Industrial Research Group, GRIs are significantly different each other in several perspectives. It could be concluded that the current institutional evaluation systems are least appropriate in measuring performance of the GRIs of the Industrial Research Group.

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A Study on the Creation and the Meaning of Cadastral Records in Japanese Colonial Period (일제강점기 지적공부(地籍公簿)의 작성과 의미)

  • Song, Hye-Young
    • Journal of architectural history
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    • v.27 no.2
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    • pp.29-38
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    • 2018
  • This study is to find out the process of changes concerning the cadastral records that consist of the cadastre, the cadastral map and various registers of land in Japanese Colonial Period. The cadastre and cadastral map were the most important part of them and became the basis of cadastral records. These two registers were first made out according to the Project of Colonial Land Survey in the year 1912. As the influx of foreign Weights and Measures was greatly influenced by the foreign concession since 1876, the traditional units of the Weights and Measures had abolished finally. The extortion of sovereignty led a rapid change to the Weights and Measures in 1910. Japan compelled us to change into Japanese System of Measurement. From that time on, Lot(筆地) and Pyeong(坪) were settled down on the registers of land.

An Analysis about Narrative of Weights and Measures in Korean Elementary Mathematics Textbooks (한국 초등수학 교과서의 도량형 서술 내용에 대한 분석)

  • Lee, Jong-hak;Jeon, Youngju
    • Journal of the Korean School Mathematics Society
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    • v.22 no.3
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    • pp.183-197
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    • 2019
  • The purpose of this study is to support elementary teachers to use the teaching of weights and measures. To help the author of the next elementary mathematics textbook to be used as a reference for the quantitative narrative process. For this purpose, I focused on the contents of textbooks in terms of definition, a unit of measure, and calculation. As a result, first, as for the definition of weights and measures, it is taken as an example rather than as an explicit statement. Second, several problems were found in the metrology content and metric unit introduction order. Third, the computation between measurement units stood in simple computation rather than procedural knowledge. Fourth, it was concluded that the reason and groundbreaking of the grade-specific differences and the amount of a student's education are necessary.

On the Least Squared Ordered Weighted Averaging (LSOWA) Operator Weights

  • Ahn Byeong-Seok
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.05a
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    • pp.1788-1792
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    • 2006
  • The ordered weighted averaging (OWA) operator by Yager has received more and more attention since its appearance. One key point in the OWA operator is to determine its associated weights. Among numerous methods that have appeared in the literature, we notice the maximum entropy OWA (MEOWA) weights that are determined by taking into account two appealing measures characterizing the OWA weights. Instead of maximizing the entropy in the formulation for determining the MEOWA weights, the new method in the article tries to obtain the OWA weights which are evenly spread out around equal weights as much as possible while strictly satisfying the orness value provided in the program. This consideration leads to the least squared OWA (LSOWA) weighting method in which the program tries to obtain the weights that minimize the sum of deviations from the equal weights since entropy is maximized when the weights are equal. Above all, the LSOWA weights display symmetric allocations of weights on the basis of equal weights. The positive or negative allocations of weights from the median as a basis depend on the magnitude of orness specified. Further interval LSOWA weights are constructed when a decision-maker specifies his or her value of orness in uncertain numerical bounds.

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Small Domain Estimation of the Proportion Using Survey Weights

  • Kim, Dal-Ho
    • Journal of the Korean Data and Information Science Society
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    • v.18 no.4
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    • pp.1179-1189
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    • 2007
  • In this paper, we estimate the proportion of individuals having health insurance in a given year for several small domains cross-classified by age, sex and other demographic characteristics using the data provided by the National Center for Health Statistics(NCHS). We employ Bayesian as well as frequentist methodology to obtain small domain estimates and the associated measures of precision. One of the new features of our study is that we utilize the survey weights along with the model to derive the small domain estimates.

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