• Title/Summary/Keyword: lag period

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Development of A Multi-Period Integration DEA Model Considering Time Lag Effect (시간지연 효과를 고려한 기간 통합 DEA 모형의 개발)

  • Zhang, Yanshuang;Jeong, Byung Ho
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.4
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    • pp.37-50
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    • 2012
  • The existing DEA models have been devoted to evaluate relative efficiency of DMUs based on multiple input and output factors of a same period. However, a certain kind of lead time can be required to produce outputs using inputs in an organization. R&D evaluation is a typical area with this kinds of time lag. Thus, the purpose of this paper is to develop a new DEA model to deal with time lag effect in performance evaluation. The proposed model is to find relative efficiency of each DMU for each period considering the time lag effect. A case example using a real data set is also given to show the usage or implication of the suggested model. The results are compared with the ones of the CCR model and the multi-periods input model.

A Multi-Period Input DEA Model with Consistent Time Lag Effects (일관된 지연 효과를 고려한 다기간 DEA 모형)

  • Jeong, Byungho;Zhang, Yanshuang;Lee, Taehan
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.42 no.3
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    • pp.8-14
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    • 2019
  • Most of the data envelopment analysis (DEA) models evaluate the relative efficiency of a decision making unit (DMU) based on the assumption that inputs in a specific period are consumed to produce the output in the same period of time. However, there may be some time lag between the consumption of input resources and the production of outputs. A few models to handle the concept of the time lag effect have been proposed. This paper suggests a new multi-period input DEA model considering the consistent time lag effects. Consistency of time lag effect means that the time delay for the same input factor or output factor are consistent throughout the periods. It is more realistic than the time lag effect for the same output or input factor can vary over the periods. The suggested model is an output-oriented model in order to adopt the consistent time lag effect. We analyze the results of the suggested model and the existing multi period input model with a sample data set from a long-term national research and development program in Korea. We show that the suggested model may have the better discrimination power than existing model while the ranking of DMUs is not different by two nonparametric tests.

Effects of Foreign Exchange Rates on Stock Returns

  • Chi, Ho-Joon;Kim, Young-Il
    • The Korean Journal of Financial Studies
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    • v.9 no.1
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    • pp.221-244
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    • 2003
  • This study is aimed to investigate the effects of foreign exchange rates on stock market returns. For the United States, the United Kingdom, Germany, Japan and Korea, the cross-correlation precedence of foreign exchange rate on stock market is found in the case of Germany and Korea. But that of stock market is not observed in any case. We performed three kinds of causality and exogeneity test of Granger test, Sims test and Geweke-Meese-Dent test. The analyses on the full period show the time-lag causal, exogeneous relation of foreign exchange rates with Granger, Sims and GMD test for Korea. The United Kingdom presents the significance with Granger and Sims test while Germany reveals the time-lag relation with Granger and GMD test. When we divide the period into two parts with the Louvre Accord, the first part give the less degree of time-lag relation. But in the second period the three kinds of causality and exogeneity test propose consistent time-lag relation with foreign exchange rates on stock markets for the United Kingdom and Korea with the three test methods. And Granger's test prove German foreign exchange market have a time-lag relation on stock market.

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A Study on the Improvement of the Low Temperature Address Discharge Time Lag of High-Xe Content AC PDP (AC PDP의 저온에서 어드레스 방전 지연 시간 개선에 관한 연구)

  • Kim, Ji-Yong;Kim, Sun;Lee, Seok-Hyun;Lee, Jeong-Hae;Kim, Jun-Yeop
    • Proceedings of the KIEE Conference
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    • 2005.07c
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    • pp.2156-2159
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    • 2005
  • ADS(Address Display Period Separation) driving method has been considered to be the most appropriate driving technique for AC PDP. ADS driving method is composed of reset, address, sustain and erase period. Therefore, a long time should be allocated to an address period, which results in a reduction of brightness. To realize a high luminance and high picture quality, it is necessary to high speed addressing. However, address discharge time lag increases as the temperature decreases, which can cause the misfiring and low picture quality In this paper, the electric field effect and priming particle effect are investigated in order to reduce the address discharge time lag at low temperature. Address discharge time lag was reduced effectively when the priming particles are provided.

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Long-Term Outcomes and Feasibility with Laparoscopy-Assisted Gastrectomy for Gastric Cancer

  • Kim, Ki-Han;Kim, Min-Chan;Jung, Ghap-Joong;Kim, Hyung-Ho
    • Journal of Gastric Cancer
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    • v.12 no.1
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    • pp.18-25
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    • 2012
  • Purpose: Recently, laparoscopy-assisted gastrectomy (LAG) has been widely accepted modality for early gastric cancer in Korea. The indication of LAG may be extended in an experienced institution. In our institution, the first case of laparoscopy-assisted gastrectomy (LAG) for gastric cancer was performed in May 1998. We retrospectively reviewed the long-term oncologic outcomes over 12 years to clarify the feasibility of LAG for gastric cancer. Materials and Methods: The authors retrospectively analyzed 753 patients who underwent LAG for gastric cancer, from May 1998 to August 2010. We reviewed clinicopathological features, postoperative outcomes, mortality and morbidity, recurrence, and survival of LAG for gastric cancer. Results: During the time period, 3,039 operations for gastric cancer were performed. Among them, 753 cases were done by LAG (24.8%). There were 69 cases of total gastrectomy, 682 subtotal gastrectomies, and 2 proximal gastrectomies. According to TNM stage, 8 patients were in stage 0, 619 in stage I, 88 in stage II, and 38 in stage III. The operation-related complications occurred in 77 cases (10.2%). Median follow-up period was 56.2 months (range 0.7~165.6 months). Twenty-five patients (3.3%) developed recurrence, during the follow-up period. The overall 5-year and disease free survival rates were 97.1% and 96.3%, respectively. Conclusions: The number of postoperative complications and survival rates of our series were comparable to the results from that of other reports. The authors consider LAG to be a feasible alternative for the treatment of early gastric cancer. However, rationale for laparoscopic surgery in advanced gastric cancer has yet to be determined.

The Investment Always Will Get Gains? Advertising Expenditure and Enterprise Performance Based on Corporate Life Cycle

  • Li, Liang;Amine, Bouirig;Pang, Yuxin;Jiang, Minxing
    • Asia Pacific Journal of Business Review
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    • v.6 no.2
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    • pp.61-76
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    • 2022
  • Based on the concept of advertising expenditure, manufacturing firm performance, and enterprise life cycle, this research conducts the listed Chinese manufacturing listed in 2016-2018 as the research sampling and divides these listed companies into three periods: growth, maturity, and decline. Next, this paper conducts empirical research from three aspects: advertising expenditure or investment and manufacturing firm performance, lag effect of advertising expenditure, and outcome effect and lag effect of advertising investment. It is found that in different stages of manufacturing enterprises, different advertising expenditures will have different impacts on the performance of manufacturing enterprises. In the growth stage, the advertising investment of manufacturing enterprises will significantly affect the performance results of the current period, and there will be the long-term lag effect. In contrast, the mature stage of enterprises' advertising investment has a shorter period of lag effect, while in the recession stage, the mature stage of manufacturing enterprises' advertising investment will have a shorter period of lag effect. The empirical results are not significant. This study provides a reference for manufacturing enterprises in different stages in the decision-making of advertising investment.

Analysis on Time Lag Effect of Firm's R&D Investment (기업 R&D 투자의 시차효과 분석)

  • Lee, Hun-jun;Baek, Chulwoo;Lee, Jeong-dong
    • Journal of Technology Innovation
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    • v.22 no.1
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    • pp.1-22
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    • 2014
  • R&D investment also has a gestation period similar to other investments in economics. The gestation period originates from time lag effect of input and output. Thus it is necessary to consider time lag effects when analyzing the relationship between firms' R&D investment and R&D performance. The main objective of this research is to estimate the length of time lag effect of R&D investment. The Almon distribution lag model was applied to estimate the time lag effect. The firm level panel dataset was established from 2002 to 2009. The net value of R&D investment and the number of patent applications were used to measure R&D input and output, respectively. This method found the estimated time lag to be 1~2 years across all datasets. The same analyses were applied to chemical, metal, electronic, exact science, and machinery industries' data. And we found there were differences among sectors in regard to the time lag effect.

Characteristic of a Negative Driving Waveform in ac PDPs

  • Kang, Jung-Won
    • 한국정보디스플레이학회:학술대회논문집
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    • 2009.10a
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    • pp.97-100
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    • 2009
  • A negative waveform was studied to improve the driving characteristics of reset and address periods in ac PDP. Comparative experiments between negative and conventional positive waveforms were performed with 42-inch XGA PDP module. The negative waveform showed lower breakdown voltage than the conventional positive waveform in reset period. Due to its weak and stable discharge during reset period, the contrast ratio was improved by decreasing the black luminance. During address period, the discharge time-lag was measured. The formative time lag ($=T_f$) of negative waveform was improved about 22.8% than $T_f$ of conventional positive waveform.

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A study on the compensator design of the quasi-resonant SMPS (유사공진형 SMPS의 보상기 설계에 관한 연구)

  • Lim, I.S.;Huh, U.Y.
    • Proceedings of the KIEE Conference
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    • 1991.07a
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    • pp.720-725
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    • 1991
  • In this thesis, the lead-lag compensator is designed to improve output characteristics of flyback zero voltage switching quasi-resonant converters. The switch and the diode are assumed ideally. And the SMPS is modelled by state equations with four operation modes. And the model for controller design is also achived by using a state space averaging method, which is continuous time average of state variables every period. The lag, the lead and the lead-lag compensator is designed the SMPS respectively. The time domain analysis and the frequency domain analysis are done for each compensated circuit. It is possible increasing the phase margin and improving the transient response by the compensators. The phase lag compensator has small overshoot comparatively. But the bandwidth is narrower than the others, so it has longest settling time. For the phase lead compensator, the response come to steady-state within short period. But the overshoot is the largest due to its large peak gain. Finally, the phase lead-lag compensator has medium characteristics in the overshoot and the settling time.

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High Speed Driving Technique in AC PDPs

  • Shin, Bhum-Jae
    • 한국정보디스플레이학회:학술대회논문집
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    • 2007.08b
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    • pp.1181-1184
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    • 2007
  • The new self-priming addressing driving scheme was proposed to improve an address discharge time lag. It utilizes the priming effect maintaining the priming ramp discharge during an address period and the address discharge time lag is significantly improved. In this study, the basic characteristics of the priming ramp discharge are presented.

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