• Title/Summary/Keyword: data envelopment analysis (DEA)

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The Efficiency Evaluation of Total Quality Management in the Korean Industry with Data Envelopment Analysis

  • Yoo, Hanjoo
    • International Journal of Quality Innovation
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    • v.2 no.1
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    • pp.1-9
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    • 2001
  • As all the other managerial activities, total quality management (TQM) has also inputs into and outputs from the process. Therefore, the principal managerial efficiency criteria of maximum outputs with minimum inputs should be applied to TQM. In this paper, the methodology for the performance evaluation of TQM by Data Envelopment Analysis (DEA) was proposed. DEA is used to measure the efficiency of TQM for each firm with the input and output data obtained by questionnaire. It is found that there are not significant differences between the firms with and without IS09000 certification and between the large and small-sized firms with respect to the TQM efficiency.

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Efficiency of University Libraries in Seoul by DEA (DEA를 이용한 도서관의 효율성 평가)

  • Han, Du-Oan;Hong, Dong-Young
    • Journal of the Korean Society for Library and Information Science
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    • v.36 no.3
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    • pp.275-286
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    • 2002
  • This paper estimates the relative efficiency of 29 university libraries in Seoul by data envelopment analysis. We employed library space, staff and book collection as inputs, and book circulation and reader visits as outputs. The result shows that average efficiency score is 0.5248 and only 3 libraries are efficient. Inefficiency is estimated to be 47.52%. Reorganization may be necessary in order to achieve greater efficiency.

DEA-AR/AHP Model Design for Efficiency Evaluation of Metropolitan Rapid Transit (지하철 효율성 평가를 위한 DEA-AR/AHP 모형 설계)

  • Sim, Gwang-Sic;Kim, Jae-Yun
    • Journal of the Korean Operations Research and Management Science Society
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    • v.34 no.3
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    • pp.105-124
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    • 2009
  • Data Envelopment Analysis (DEA) is a methodology of computing the relative efficiency of each decision making unit (DMU) by comparing it with other DMUs having similar input and output structure. In this paper, we compare the efficiency of Korean rail transit corporations using DEA. To do this, we design a DEA-AR/AHP model, and evaluate efficiency by comparing the subway operating agencies of six big cities. The analysis reveals that Seoul Metro and Seoul city railroad construction turn out to be the most efficient groups. The result of this research can provide helpful information for effective management in a domestic subway operating agency.

A Comparison Study on University Research Efficiency Using DEA Analysis: focused on A University Case (DEA를 이용한 대학 연구 효율성 비교 연구 - A 대학 사례를 중심으로 -)

  • Kim, Seonmin
    • Journal of the Korea Safety Management & Science
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    • v.15 no.1
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    • pp.249-258
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    • 2013
  • Data Envelopment Analysis (DEA) is a useful tool to analyze the relative efficiency of decision making units (DMU) characterized by multiple inputs and multiple outputs. This method has been popularly used as an analytical tool to suggest some strategic improvement. To do this, the results of DEA provide decision makers with a single efficiency score, efficient frontier, return to scale, benchmarking decision making units, etc. The purpose of this paper is to evaluate research performance of 38 universities and provide an inefficient university with the way of organizational changes to be an efficient university by using DEA. Various input and output variables are used to identify technical and scale inefficiency. Additionally, we analyze how an inefficient DMU could be changed an efficient DMU based on a case university. This result will give an insight of constructive directions for increasing of research performance to university decision makers.

Analysis of the Efficiency of National SW R&D Projects Using DEA (DEA를 활용한 SW 국가연구개발사업 효율성 분석)

  • Ro, Seok-Hyun;Cho, Nam-Wook
    • The Journal of Society for e-Business Studies
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    • v.26 no.2
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    • pp.45-59
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    • 2021
  • As software(SW) has been considered as a key driver of the fourth industrial revolution, significant R&D investment has been made by Korean government. Despite the attention and support by the government, systematic analysis on the SW R&D efficiency has not been fully addressed. In this study, the efficiency of SW national research and development projects was analyzed using Data Envelopment Analysis(DEA) techniques. Efficiency was measured from both static and dynamic perspectives based on 1,463 projects conducted by the National IT Industry Promotion Agency(NIPA) from 2008 to 2018. The static efficiency analysis identified the causes of inefficiency as scale and technology problems. As a result of dynamic efficiency analysis, we present a sector-specific response model using an efficiency-stability matrix. This study is meaningful in that efficiency analysis was conducted on the entire SW national R&D project, and static/dynamic efficiency analysis results are expected to be used as a guideline for planning SW national R&D project.

Relative Efficiency of Taxi Services by Data Envelopment Analysis among Cities and Counties in Gyeonggi Province (DEA를 이용한 경기도내 시·군별 택시서비스 효율성 분석)

  • Kim, Dae Hoon;Jang, Tae Youn;Song, Je Ryong
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.4
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    • pp.1571-1580
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    • 2013
  • This study analyzes the relative efficiences through satisfaction on taxi services of thirty-one cities and counties in Gyeonggi Province. The DEA (Data Envelopment Analysis) is used to measure efficiencies on the privately owned taxies and the corporate taxies respectively. Efficiency in the DEA is measured relative to the highest observed performance rather than against some average. Pyeongtaek, Pocheon, Osan, Yangpyeong, and Gapyeong have the highest efficiency in the private owned taxies. And Pyeongtaek, Pocheon, Osan, and Gapyeong have the highest one in the corporate taxies. These cities and counties have the ability to use less resources for equal efficiency relative to others. Rank-sum test proves that there is no statistical difference in efficiency between the privately owned taxies and the corporation owned taxies.

Evaluating Stock Value using Data Envelopment Analysis (자료포괄분석(DEA)을 이용한 주식의 가치 평가)

  • Kim, Bum-Seok;Kim, Myung-S.;Min, Jae-H.
    • Korean Management Science Review
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    • v.28 no.3
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    • pp.61-72
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    • 2011
  • This study suggests a DEA(Data Envelopment Analysis) based model to evaluate the value of corporate stock. The model integrating PER(Price-Earning Ratio), PBR(Price-BookValue Ratio), PSR(Price-Sales Ratio) and volatility in DEA structure has an advantage of overcome the limitation of traditional financial ratio based models. In order to show the effectiveness of the suggested model. we compare the performance of portfolio composed by DEA approach with those of portfolios made by traditional approaches such as PER, PBR, and PSR in terms of stock return and volatility. Specifically, we use the data of all the enterprises listed on the S&P 500 in the U.S. in 2007 and 2009 as the sample data for the experiments. The results of the experiments show that the performance of the DEA approach is clearly better than those of other approaches. Particularly, in sharply plummeting market, the performance of the DEA approach is shown to be prominently better than those of other approaches as the DEA approach reflects investment risk as well as profitability and growth. The DEA score combining the existing investment indices may serve as a useful barometer for selecting a stable and profitable portfolio.

Productive Efficiency of the Rose Farming Business: A Comparison of DEA and SFA (장미농가의 생산효율성 분석: DEA와 SFA 기법 비교를 중심으로)

  • Kim, Gi-Tae;Kim, Won-Kyeong;Jeong, Ji-Young
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.12
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    • pp.8719-8727
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    • 2015
  • The purpose of this study is to examine the production efficiency of Rose farm and to explain the factors of the inefficiency. To analysis the production efficiency, SFA(Stochastic Frontier Analysis) and DEA(Data Envelopment Analysis) methods are measured, and then, Tobit regression model is used to analysis the influential factors on the production efficiency. As a result, first, the production efficiency by SFA is 88.4%, and by DEA, results are 78.5% and 85.2% in the CRS and VRS model, respectively. In particular, the production efficiency of the measurement results of the two methods are complementary, it is described in the same order of efficiency of each management body. Second, the results of tobit model shows that 6 input-factors are significant, and seed/nursery and material costs, which have the largest regression coefficient value and positive effect on production efficiency, are the most influential factors. Therefore, the results of this study indicates Rose farm can enhance their management efficiency by increasing amount of the seed/nursery and material costs.

A Study on the Efficiency Analysis of Korean Container Terminal - Focus on Busan Port, Gwangyang Port - (우리나라 컨테이너터미널 효율성 분석에 관한 연구 - 부산항, 광양항을 중심으로 -)

  • Choi, Min-Seung;Song, Jae-Young;Ryoo, Dong-Keun;Park, Byung-Keun
    • Journal of Navigation and Port Research
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    • v.31 no.1 s.117
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    • pp.89-97
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    • 2007
  • This paper presented a approach to the measurement of efficiency in container terminals in Korea. To perform this objective, it used Data envelopment analysis(DEA) which has particular applicability in the service sector. DEA as mathematical programming techniques enables relative efficiency ratings to be derived within a set of analysed units. So this paper investigated the efficiency employing DEA-CCR and DEA-BCC Model on data for 15 container terminals from 1998 through 2005. Results of this paper, suggested to some plan for operation strategy in Container terminals.

DEA Models and Application Procedure for Performance Evaluation on Governmental Funding Projects for IT Small and Medium-sized Enterprises with Exogenously Fixed Variables of Corporate Competency (기업역량을 고려한 외생고정변수를 갖는 IT중소기업 정부자금지원정책 성과평가를 위한 DEA모형 및 활용절차)

  • Park, Sung-Min;Kim, Heon
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.33 no.5B
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    • pp.364-378
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    • 2008
  • Data Envelopment Analysis(DEA) models can be used for performance evaluation on governmental funding projects for IT small and medium-sized enterprises associated with multiple-outputs/multiple-inputs. In order to enhance the accuracy of DEA efficiency scores, DEA models with exogenously fixed variables are required where the corporate competency is taken into account. Additionally, it is necessary to use multiple DEA basic as well as extended models so as to relax the restriction on the performance evaluation to relying on a single DEA model. In this study; 1)a DEA data structure is designed including exogenously fixed variables representing corporate asset, revenue and the number of employees at the point in time that the governmental funding project concerned is initiated; 2)DEA basic as well as extended models are established according to the DEA data structure presented abovementioned; and 3)a case study is illustrated with an empirical testbed dataset. As for the DEA basic models, CCR, BCC, Super-efficiency model are adopted. The DEA extended models are developed based on the models associated with noncontrollable and nondiscretionary variables. In the case study, it is explained a comparison of DEA models and also major numerical outcomes such as efficiency scores, ranks derived from each DEA model are integrated using Analytic Hierarchy Process(AHP) weights. Performance significance with DEA efficiency scores between technical categories are tested based not only on parametric but also nonparametric single-factor analysis of variance method.