• Title/Summary/Keyword: management capacity

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Rental Resource Management Model with Capacity Expansion and Return (용량 확장과 반납을 갖는 렌탈 자원 관리모델)

  • Kim Eun-Gab;Byun Jin-Ho
    • Journal of the Korean Operations Research and Management Science Society
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    • v.31 no.3
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    • pp.81-96
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    • 2006
  • We consider a rental company that dynamically manages Its capacity level through capacity addition and return While serving customer with its own capacity, the company expands its capacity by renting items from an outside source so that it can avoid lost opportunities of rental which occur when stock is not sufficient. If stock becomes sufficiently large enough to cope with demands, the company returns expanded capacity to the outside source. Formulating the model into a Markov decision problem, we identify an optimal capacity management Policy which states when the company should expand its capacity and when it should return expanded capacity after capacity addition. Since it is intractable to analytically find the optimal capacity management policy and the optimal size of capacity expansion, we present a numerical procedure that finds these optimal values based on the value iteration method. Numerical analysis is implemented and we observe monotonic properties of the optimal performance measures by system parameters, which are meaningful in developing effective heuristic policies.

The Impact of Capacity Flexibility in a Rental Operation on the Financial Performance (렌탈 운영에서 용량 유연성 확보가 기업의 수익성에 미치는 영향)

  • Kim, Eungab
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.4
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    • pp.153-165
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    • 2014
  • We present a new framework for rental capacity management in which rental capacity is dynamically managed by means of temporary inventory addition/return. While serving customers with its own (native) capacity, the rental firm rents additional rental capacity from an upper echelon rental company so that it can avoid lost sales which may occur when stock is not sufficient, and returns it when stock becomes sufficiently large enough to cope with demands. Formulating the model as a Markov decision process, we investigate a flexible capacity addition/return policy that maximizes the firm's profit with respect to system costs. Numerical study indicates that rental operation with capacity addition/return can be economically favorable over rental operation without capacity expansion/return and can contribute the reduction in the size of native rental capacity.

The Empirical Analysis of the Utilization of Logistics Information System in Korean Firms (한국기업의 물류정보시스템의 활용도에 관한 실태분석)

  • Song, Gye-Eui
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.17
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    • pp.147-167
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    • 2002
  • In this paper, I investigated and analysed of the utilization of logistics information system in Korean firms - key factors of logistics management capacity, capacity of logistics information technology management, utilization of logistics information system and logistics outcome. I come to the conclusion that the higher firms are management capacity and capacity of logistics information technology management, the better firms utilize logistics information system, and the better these firms are logistics outcome, that is, the higher to promote logistics service and to reduce logistics cost.

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The Effects of Management Consulting Quality and Consultant Capability on Entrepreneurial Firms' Performance (창업기업의 경영성과에 있어서 컨설팅품질과 컨설턴트역량의 영향에 대한 연구: 흡수능력과 자원역량의 매개효과를 중심으로)

  • Yoon, Ki-Chang
    • Journal of Distribution Science
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    • v.14 no.5
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    • pp.81-89
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    • 2016
  • Purpose - Prior researches have empirically focused on the effect of management consulting quality and consultant capability on entrepreneurial firms' performance. This study, however, focused on investigating the moderating role of absorptive capacity and resource capability between management consulting and entrepreneurial firms' performance. So, this study investigated the relationship among consulting quality, consultant capability, absorptive capacity, resource capability, and entrepreneurial firms' performance from the resource based view (RBV). Especially, this study focused on the mediating role of absorptive and resource capability in relational structure of entrepreneurial firms' dimensions. Research design, data, and methodology - In this study, research hypotheses and model are established by the prior researches from the fields of strategic management and entrepreneurial behavior. Concretely, H1~H4 are the relationship between consulting (consulting quality, consultant capability) and innovation (absorptive capacity, resource capability); H5 is the relationship between absorptive capacity and resource capability; and H6~H7 are the relationship between innovation (absorptive capacity, resource capability) and management performance. The data was collected 207 copies from entrepreneurial firms in South Korea. These firms were established in January 2014 and maintained by November 2015 in high-tech industry. The questionnaire was consisted of five dimensions; consulting quality, consultant capability, absorptive capacity, resource capability, and management performance. Each dimension measured multi items on a 5-point Likert scale. The hypotheses and research model are analyzed using structural equation modeling (SEM) with AMOS 22. Results - The results of this study are as follows. 1) Consulting quality significantly influenced on the absorptive capacity of entrepreneurial firms. 2) But, consultant capability did not influence on the absorptive capacity of entrepreneurial firms. 3) Consulting quality and consultant capability significantly influenced on the resource capability of entrepreneurial firms. 4) Absorptive capacity significantly influenced on the resource capability of entrepreneurial firms; 5) Absorptive capacity did not significantly influence on the management performance of entrepreneurial firms. 6) Resource capability, however, significantly influenced on the management performance of entrepreneurial firms. By these results, absorptive capacity of entrepreneurial firms had a mediating role partly among consulting quality, consultant capability, and management capability. The resource capability of entrepreneurial firms had a mediating role among consulting quality, consultant capability, and management capability, perfectly. Conclusions - According to this study, the high level of consulting quality and consultant capability may enforce the resource capability of entrepreneurial firms. It means, practically, that external knowledge is a driver for innovation, and then the innovation effects on the management performance of entrepreneurial firms. So, at the initial stage, the management consulting programs are very important to entrepreneurial firms and should be conceived as an essential element. This study may contribute to the advancement of academic in field of new start business, small business, or venture business based on resources, especially the role of absorptive capacity and resource capability between consulting programs and management performance. However, this study has some limitations. They are the measurement of consulting quality's items, cross-sectional research, and the limitation of concept and industry.

The Impact of Performance by the QMS through the Mediation of Absorptive Capacity in Manufacturing Company (품질경영시스템이 흡수역량을 매개로 중소벤처 제조기업의 기업성과에 미치는 영향에 관한 실증연구)

  • Jin, Sunghan;Lee, Cheolgyu;Yoo, Wangjin
    • Journal of Korean Society for Quality Management
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    • v.41 no.1
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    • pp.15-38
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    • 2013
  • Purpose: This study is to search for the core factors of improving business performance of small and medium venture manufacturing company and to do an in-depth analysis of the relations with management performance through systematic approach and to provide implications of importance of the management for the improvement factors for the domestic small and medium venture manufacturing company. Methods: The data have been analyzed via the regression and path analysis using AMOS. Results: this study is absorptive capacity affects the business performance of manufacturing companies. absorptive capacity has the role of the parameters of the Quality Management System and business performance. Conclusion: This study suggests how to run absorptive capacity according to type of management performance, and how to enhance Quality Management System to efficiently promote absorptive capacity in order to grow of management performance. also, this study shows a way to enlarge the valuation standard for management and customer performance reflecting the growth potential of an enterprise in circumstance where the valuation standard focuses on financial performance.

Generativity Capacity: Conceptual Definition and Determinants (제너러티비티역량 : 개념적 정의 및 결정요인)

  • Yoon, Jihyun;Kwahk, Kee-Young
    • Knowledge Management Research
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    • v.15 no.3
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    • pp.95-120
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    • 2014
  • In order to successfully adapt in ever-changing social and economic environment, organizational members need to get a capacity to be open to accepting change, effectively leverage the knowledge assets accumulated inside and outside the company for pursuing new values. In this study, we defined such competence as generativity capacity and demonstrated mechanism for forming generativity capacity and an impact on job performance. We suggested absorptive capacity, tertius iungens orientation, use of information technology as antecedent variables of generativity capacity. For empirically verifying the proposed model, we collected sample data from 201 workers and conducted analysis using a structural equation modeling. The empirical analysis results revealed that all of the proposed antecedent variables significantly impacted on generativity capacity, which in turn had a significant effect on job performance. We expect that this study will provide researchers and managers who want to get a broader perspective on knowledge management beyond the boundaries with useful theoretical and practical implications.

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Development of Disaster Management Capacity Analysis Program for Local Government (지방자치단체 재난안전관리 자체 역량분석 프로그램 개발)

  • Yoo, Byungtae;Oh, Keumho
    • Journal of the Society of Disaster Information
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    • v.9 no.3
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    • pp.266-275
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    • 2013
  • New paradigm to the advancement of disaster management is required for building resilient and safe society. In these circumstances, the importance of local government disaster management capacity has been emphasized through experiencing a series of accidents including 2012 september Gumi fluorosilicic acid diffusion accident. The increase of people's disaster awareness has emerged the public demands on disaster management information of local area. In this study, the disaster management capacity analysis program is developed for self-assessment of local government. The program is designed for disaster managers to database the categorized index of disaster management capacity and recognize the capacity level. For the public announcement of disaster management capacity, the analysis results are shown for citizens in the understandable format. It is expected that the enhancement of emergency management capacity of local society can be achieved by the efforts of local government analyzing and improving the vulnerability as well as the participation of local society.

Assessment of fishing power and fishing capacity of the snow crab (Chionoecetes opilio) gillnet fishery in the East Sea (동해안 대게 자망어업의 어획 성능 및 어획 능력 평가)

  • Lee, Kyoung-Hoon;Kim, Pyung-Kwan;Kim, Do-Hoon;An, Heui-Chun;Lee, Chun-Woo
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.48 no.1
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    • pp.29-39
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    • 2012
  • Currently, environment-friendly and sustainable fisheries are one of the major issues among fisheries authorities. A variety of alternative management policies and projects are going on to enhance fisheries management systems and fishery resources such as a TAC management program and a VDS (Vessel Day Scheme) management scheme for distant water fishing nations in Western and Central Pacific Fisheries Commission (WCPFC) convention area. These kinds of efforts among fisheries management authorities are aimed at limiting fishing capacity or fishing power. In terms of fisheries management, Fishing capacity and fishing power have increased the importance of the impact on a fishery and level of the resources. Increased fishing capacity and fishing power have caused not only depletion of fisheries resource, but also additional fishing cost. therefore, there is a clear need for authorities to manage fishing capacity and fishing power. It is also help ensure the conservation and sustainability of the fishery resources. Because of lack of data, absolute fishing power is difficulty to measure. The notion of relative fishing power is frequently used. In this study, relative fishing power was assessed using Mastuda (1991) method for fishing power index. The raw data for assessment was based on fishermen's logbook data from sampled fishing vessels in coastal snow crab gillnet fishery. Data Envelopment Analysis (DEA) method was used to assess fishing capacity. DEA is a linear programming methodology to measure the efficiency of a set of entities called Decision-Making Units (DMUs). It was recommended by FAO for assessing capacity in fisheries.

Effects of Absorptive Capacity on Technology Innovation and Commercialization Capacities and Management Performance (흡수역량이 기술혁신역량 및 기술사업화 역량과 경영성과에 미치는 영향)

  • Kim, Young-Ki;Park, Seong-Taek
    • Journal of the Korea Convergence Society
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    • v.9 no.12
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    • pp.217-225
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    • 2018
  • This study analyzes the effects of the absorptive capacity on the technology innovation and commercialization capacities and the management performance. Based on previous studies, the absorptive capacity is sub-classified into the exploratory absorptive capacity and the exploitative absorptive capacity, which are set as independent variables, to analyze their effects on the technology innovation and commercialization capacities. In short, the absorptive capacity has positive effects on the technology innovation and commercialization capacities. In addition, the technology innovation capacity and the technology commercialization capacity have positive effects on the management performance. The findings confirm that the absorptive capacity is an important factor impacting on the corporate innovation, and suggest that businesses should recognize the importance of the absorptive capacity as a guideline for developing their strategies for technological innovation.

Recreation Ecology and Visitor Carrying Capacity Management: Implications for Protected Areas in East Asia

  • Leung, Yu-Fai;Lee, Ju-Hee
    • The Korean Journal of Ecology
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    • v.26 no.2
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    • pp.53-58
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    • 2003
  • Ever-growing recreation, tourism and ecotourism worldwide have become a significant factor of resource degradation in many protected areas. Managers of these areas are increasingly challenged to implement policies, strategies and actions that would protect the resource base while providing quality visitor experience. One major issue in managing protected area visitations is that of carrying capacity, or the question of "how much use is too much\ulcorner". Scientific studies of visitor impacts, often known as recreation ecology, has generated a knowledge base that provides valuable input to the visitor carrying capacity management process adopted by the U.S. National Park Service. This paper aims at (a) providing an overview of recreation ecology research and its application in managing visitor carrying capacity, and (b) examining the relevance of recreation ecology to East Asian protected areas with special reference to the visitor capacity issue.ity issue.