• Title/Summary/Keyword: expected effects

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Effects of ISO 9001:2008 Requirement Execution and TQM on Financial Performance (ISO 9001:2008 요구사항 실행이 TQM과 재무성과에 미치는 영향)

  • Park, Moo-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.2
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    • pp.80-87
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    • 2012
  • It is well known that ISO 9001 and TQM have significant effects on business success. We analyzed the effects of ISO 9001 requirements and TQM on financial performance with structural equation modeling. Hypotheses are proposed and tested based on existing beliefs, proposition and prior research concerning quality. Survey data were collected from 291 manufacturing companies with ISO 9001 certifications. The data show that ISO 9001:2008 requirements have significant positive direct effects on TQM practices, but do not have positive direct effects on financial performance. As expected, TQM has significant positive direct effects on financial performance. One of the important results is that efforts to meet ISO 9001:2008 requirements enhance TQM practices which, in turn, helps to improve financial performance. Findings in this study support the claims that ISO 9001:2008 would be a good step toward total quality management and is a meaningful component of TQM.

Prediction on the Accident Reduction Effects of the Red Light Cameras Installation (무인신호위반단속장비 설치에 따른 사고감소효과 예측)

  • Kim, Tae Young;Beak, Tae Hun;Park, Byung Ho
    • International Journal of Highway Engineering
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    • v.14 no.6
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    • pp.67-73
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    • 2012
  • PURPOSES : This study deals with the effects on the installation of RLC(Red Light Camera). The objective is to analyze the effects of accident reduction after the installation of RLC. METHODS : In pursuing the above, the study uses the 703 accident data occurred at the 64 intersections which RLC are installed or not installed. RESULTS : The main results are as follows. First, Poisson RLC accident model developed in this study is analyzed to be statistically significant. Second, using the above developed model, 33 intersections among 40 intersections are predicted to have the decreasing effects of accidents after the installation of RLC. Finally, the reduction effects are analyzed to be affected by ADT and the number of left-turn lane. CONCLUSIONS : This study is expected to improve the efficiency of RLC and to help in decision-making of RLC installation.

Impact of Instrumental Factors on Dissatisfaction and Complaint Behaviors: Moderating Role of Expected Profitability (프랜차이즈 가맹본부의 도구적 요인이 가맹점의 불만족 및 불평행동에 미치는 영향: 기대 수익성의 조절효과)

  • Kim, Eun-Jung;Ju, Mi-Ja;Lee, Yong-Ki
    • Journal of Distribution Science
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    • v.14 no.9
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    • pp.95-110
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    • 2016
  • Purpose - Based on expectation-disconfirmation theory, this study attempted to fill the gap in the literature by treating the expected profitability as a moderator in the relationship between these constructs, identifying what instrumental factors have effects on dissatisfaction, in turn lead to exit intention, neglect, voice, and loyalty, and provide the managerial implications for building long-term relationship to enhance the partnership between franchisor and franchisee. Research design, data and methodology - In order to test the hypotheses, the authors developed several hypotheses. The data were collected from 254 franchisees in Seoul and Gyeonggi Province with SPSS 18.0 and SmartPLS 2.0. Results - The findings of the study are as follows. First, marketing support and competitiveness of product and service had a negative effect on dissatisfaction, but did not on logistics support. Second, franchisee dissatisfaction had a positive effect on exit intention and neglect, and had a negative effect on loyalty. However, franchisee dissatisfaction had not a significant effect on voice. Third, expected profits play a moderating role in the relationships between marketing support, competitiveness of product and service and dissatisfaction, between dissatisfaction and exit intention, voice, loyalty, and neglect. First, marketing support and competitiveness of product and service were found to have a greater influence on dissatisfaction for the low expected profitability group than the highly expected profitability group. Also, dissatisfaction had a greater impact on exit intention, voice, and neglect for the low expected profitability group than the high expected profitability group while dissatisfaction had a weaker impact on loyalty for high expected profitability group. Conclusions - The result of this study indicates that franchisors should reduce dissatisfaction and prevent or improve complaint behaviors by continuously identifying the impact relationship between franchisee dissatisfaction and decision factors caused by difference in expectations for roles of franchisees and franchisors. In addition, franchisors should acknowledge that the impacts of marketing support, and product and service competitiveness on franchisee dissatisfaction and on exit intention, neglect, and loyalty differ by expected profits. Therefore they should provide support in perceiving high expected profits through creating direct profits including high sales, low costs, and low rents.

A study on the 2-dimensional flux distribution analysis of a double sided linear induction machine wi th a short primary type (단 1차형 양측식 선형 유도 전동기의 2차원 자속 분포 해석에 관한 연구)

  • Lim, D.H.;Cho, Y.H.;Kim, D.J.
    • Proceedings of the KIEE Conference
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    • 1988.11a
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    • pp.333-336
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    • 1988
  • This paper is presented the two dimensional flux distribution analysis of a double sided linear induction moter with the end effects and the transeverse edge effects, which is caused by the finite length and width of the stator iron. The results are expected to be used to increased the understanding of DLIM characteristics and design

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An Operational Analysis of Denfense Expenditures (국방비의 O.R.적 분석)

  • Won, Un-Sang
    • Journal of the military operations research society of Korea
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    • v.3 no.2
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    • pp.91-101
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    • 1977
  • The recent issue on the withdrawal of U.S. Forces from Korea Suggests an Urgency of Self Defense of Korea. The expected huge defense budget and her armed forces create a need for an operational analysis. It is shown through a statistical analysis what some of the opportunity costs of defense spending have been. Some evidences about what some of the economy sacrifice if defense spending rises have been analyzed to provide executive departments with a quantitative basis for decisions. The Korea-U.S. alliance is discussed in view of the developmental effects of U.S. aids and deterrent effects of U.S.F.K.

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Economic Effects of Establishing a Logistic Free Zone in the Port of Busan (물류중심형 자유지대의 경제적 파급효과에 관한 연구 - 부산항을 중심으로 -)

  • Sohn, Ae-Hwi
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2000.11a
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    • pp.33.2-42
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    • 2000
  • This study probes the necessity of establishing a logistic free zone in Port of Busan. It considers the economic effects of establishing the logistic free zone of Busan Port, and suggests policy prescriptions for introducing the free zone system and improving the logistics functions of Busan Port. Using input-output table data, the regression analysis was able to provide a quantitative prediction on effects of making the Busan Port a tariff-free zone. Influence for the regional economy due to the enforcement of the free zone system this research found that a strong positive effects should be expected on the Busan regional economy once the logistic free zone would be set up at the Port of Busan. The positive economic effects on Busan regional industries might be further strengthened if the value-added logistics function of Busan Port could be supplemented by linking to the hinterland of Busan Port.

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Measuring the Effects of Perceived Sacrifice, Service Quality, Value and Satisfaction on Behavior Intention (행동의도에 미치는 지각된 희생, 서비스질, 가치와 만족의 영향 평가)

  • Ko, Beom-Seok;Kang, Jong-Heon
    • Culinary science and hospitality research
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    • v.13 no.2
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    • pp.163-173
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    • 2007
  • The purpose of this study is to measure the effects of behavioral intention. A total of 273 questionnaires were completed. The equation model was used to measure the causal effect. The results demonstrated that the confirmatory factor analysis model provided an excellent model fit. The comprehensive model yielded a significantly better fit to the data and accounted for a greater share of the variance in behavioral intentions than the five competing models. The effects of satisfaction, perceived value and service quality on behavioral intention were statistically significant. As expected, service quality and value had significant effects on satisfaction. Service quality and perceived sacrifice had significant effects on value. Moreover, service quality and value perceptions had an indirect influence on behavioral intentions. The overall findings offer strong empirical support for the intuitive notion that improving service quality can increase favorable behavioral intentions and decrease unfavorable intentions.

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Measuring the Impact of Competition on Pricing Behaviors in a Two-Sided Market

  • Kim, Minkyung;Song, Inseong
    • Asia Marketing Journal
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    • v.16 no.1
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    • pp.35-69
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    • 2014
  • The impact of competition on pricing has been studied in the context of counterfactual merger analyses where expected optimal prices in a hypothetical monopoly are compared with observed prices in an oligopolistic market. Such analyses would typically assume static decision making by consumers and firms and thus have been applied mostly to data obtained from consumer packed goods such as cereal and soft drinks. However such static modeling approach is not suitable when decision makers are forward looking. When it comes to the markets for durable products with indirect network effects, consumer purchase decisions and firm pricing decisions are inherently dynamic as they take into account future states when making purchase and pricing decisions. Researchers need to take into account the dynamic aspects of decision making both in the consumer side and in the supplier side for such markets. Firms in a two-sided market typically subsidize one side of the market to exploit the indirect network effect. Such pricing behaviors would be more prevalent in competitive markets where firms would try to win over the battle for standard. While such qualitative expectation on the relationship between pricing behaviors and competitive structures could be easily formed, little empirical studies have measured the extent to which the distinct pricing structure in two-sided markets depends on the competitive structure of the market. This paper develops an empirical model to measure the impact of competition on optimal pricing of durable products under indirect network effects. In order to measure the impact of exogenously determined competition among firms on pricing, we compare the equilibrium prices in the observed oligopoly market to those in a hypothetical monopoly market. In computing the equilibrium prices, we account for the forward looking behaviors of consumers and supplier. We first estimate a demand function that accounts for consumers' forward-looking behaviors and indirect network effects. And then, for the supply side, the pricing equation is obtained as an outcome of the Markov Perfect Nash Equilibrium in pricing. In doing so, we utilize numerical dynamic programming techniques. We apply our model to a data set obtained from the U.S. video game console market. The video game console market is considered a prototypical case of two-sided markets in which the platform typically subsidizes one side of market to expand the installed base anticipating larger revenues in the other side of market resulting from the expanded installed base. The data consist of monthly observations of price, hardware unit sales and the number of compatible software titles for Sony PlayStation and Nintendo 64 from September 1996 to August 2002. Sony PlayStation was released to the market a year before Nintendo 64 was launched. We compute the expected equilibrium price path for Nintendo 64 and Playstation for both oligopoly and for monopoly. Our analysis reveals that the price level differs significantly between two competition structures. The merged monopoly is expected to set prices higher by 14.8% for Sony PlayStation and 21.8% for Nintendo 64 on average than the independent firms in an oligopoly would do. And such removal of competition would result in a reduction in consumer value by 43.1%. Higher prices are expected for the hypothetical monopoly because the merged firm does not need to engage in the battle for industry standard. This result is attributed to the distinct property of a two-sided market that competing firms tend to set low prices particularly at the initial period to attract consumers at the introductory stage and to reinforce their own networks and eventually finally to dominate the market.

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An Analysis of Environmental and Economic Benefits of Green Roof in Jung-Gu, Daegu (대구시 중구의 옥상녹화를 통한 환경 및 경제적 편익 분석)

  • Kim, Soo-Bong;Chang, Jung-Keun
    • Journal of Environmental Science International
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    • v.16 no.5
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    • pp.603-610
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    • 2007
  • Recent urban sprawl has destroyed various kinds of green space in tile city. It has affected duality of people's life in the city, as well as urban ecosystem. Recent study shows the possibilities of roofs as green spaces in urban central site where the land costs are generally high. This research focuses on Jung-Gu district in Daegu Metropolitan city as a study area and calculates possible area of green roof using 2002 Autocad program based on aerial photographs and land registration maps. And the purpose of this research is to analyze environmental and economic effects of green roof. The environmental effects are as follows. It is expected that $91,106m^2$ green spaces, 12.13 % of study site, will be added if green roof is performed in the study site. It is assumed that the expanded areas could reduce the highest temperature to $0.5-1.0^{\circ}C$ during the summer in terms of environmental effect. And the following shows the economic effects. If green roof and greening urban central site are created as a same size of $91,106m^2$, it will be expected that the costs of green roof will be much more in-expensive than about 98 billions won. It will be also found that the expense of cooling energy can be saved out about 8 millions won per day in summer, if grass planting is accomplished on the possible areas of green roof in the study site. Therefore, it is desirable to take legal supports such as enacting regulations to activate green roof for more environmental and economic effects. For instance, green roof for public institutions, school and model area selection are desirable method to publicize the effect of greening program for citizen's participation.

Influence of Kaolinite Clay Supplementation on Growth Performance and Digestive Function in Finishing Calf-fed Holstein Steers

  • Ortiz, Jose;Montano, Martin;Plascencia, Alejandro;Salinas, Jaime;Torrentera, Noemi;Zinn, Richard A.
    • Asian-Australasian Journal of Animal Sciences
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    • v.29 no.11
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    • pp.1569-1575
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    • 2016
  • Two experiments were conducted to examine the influence of kaolinite clay supplementation (0%, 1%, or 2% diet dry matter [DM] basis) on characteristics of digestion (Trial 1) and growth performance (Trial 2) in calf-fed Holstein steers fed a finishing diet. In Trial 1, 6 Holstein steers ($539{\pm}15kg$) with ruminal and duodenal cannulas were used to evaluate treatment effects on characteristics of digestion. Kaolinite clay supplementation decreased total tract DM digestion (linear effect, p<0.01) without effects ($p{\geq}0.10$) on site and extent of digestion of organic matter, neutral detergent fiber, starch and N, or ruminal microbial efficiency. There were no treatment effects on ruminal pH, volatile fatty acids molar proportions or estimated methane production. In Trial 2, 108 Holstein steers ($132.4{\pm}5.6kg$) were used in a 308-d study to evaluate growth performance and carcass characteristics. There were no treatment effects (p>0.10) on average daily gain (ADG) and gain efficiency (ADG/dry matter intake). Kaolinite supplementation tended (linear effect, p = 0.08) to increase dietary net energy (NE) during the initial 112-d period. However, the overall (308-d) effect of supplementation dietary NE was not appreciable (p>0.20). However, due to the inertness of kaolinite, itself, the ratio of observed-to-expected dietary NE increased with kaolinite supplementation. This effect was more pronounced (linear effect, $p{\leq}0.03$) during the initial 224 d of the study. Overall (308 d), kaolinite supplementation tended to increase (linear effect, p = 0.07) dietary NE by 3% over expected. Kaolinite supplementation did not affect carcass weight, yield grade, longissimus area, kidney, pelvic and heart fat, and quality grade, but decreased (linear effect, p = 0.01) dressing percentage. It is concluded that kaolinite supplementation up to 2% of diet DM may enhance energetic efficiency of calf-fed Holstein steers in a manner independent of changes in characteristics of ruminal and total tract digestion.