• Title/Summary/Keyword: operational analysis

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Effects of AEO-MRA on the Performance of Exporters and Importers in Korea

  • Kim, Chang-Bong;Chung, Il-Sok;Joo, Hye-Young
    • Journal of Korea Trade
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    • v.23 no.3
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    • pp.52-67
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    • 2019
  • Purpose - This study analyzes the effect of the authorized economic operator-mutual recognition arrangement (AEO-MRA) on the performance of Korean exporters and importers. The effect of the import-export companies' characteristics, such as annual sales, the number of foreign markets, and overseas experience, on the AEO-MRA is deduced; the relationship between this effect and firm performance is analyzed. Design/methodology - An empirical research model was constructed and analyzed using structural equation modeling. The effect of AEO-MRA on logistics and operational performance was derived from the aforementioned characteristics as leading factors of the AEO-MRA. The regulatory influence of cooperation with logistics companies was analyzed in the AEO-MRA effect on logistics performance. Thus, 172 valid samples were obtained from import-export companies certified by the AEO-MRA. Findings - Among the aforementioned characteristics, only "annual sales" has a positive effect on the AEO-MRA, whose effect enhances logistics and operational performances. The AEO-MRA effect did not directly affect operational performance. Owing to the adjustment effect analysis, the AEO-MRA effect and logistics performance relationship is strengthened if the cooperative relationship with the logistics company is higher than a certain level. If this cooperation falls below a certain level, the AEO-MRA effect on logistics performance reduces. Thus, logistics cooperation is an important factor in the AEO-MRA effect and logistics performance relationship. Originality/value - Hinging on the resource-based theory and relational viewpoint, an empirical model that explains the relationship between the AEO-MRA effect and firm performance is established.

Rebuilding Operational Risk Management Capabilities: Lessons Learned from COVID-19

  • JADWANI, Barkha;PARKHI, Shilpa;KARANDE, Kiran;BARGE, Prashant;BHIMAVARAPU, Venkata Mrudula;RASTOGI, Shailesh
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.249-261
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    • 2022
  • Globally, COVID-19 has significantly impacted many different organizations and people. From the banks' perspective, this pandemic has affected banks' corporate and retail customers. Also, banks had to adjust to distributed workforce model. This paper analyses the lessons learned from the COVID-19 pandemic, which can be effectively used to rebuild banks' Operational Risk Management capabilities. The present study used the survey research methodology, which includes structured questionnaires completed by senior banking professionals to analyze the learnings from COVID-19 and understand the distributed workforce model and remote working effectiveness. Findings: The Pandemic accelerated the pace of digital transformation. The lockdown imposed due to the pandemic led to employees working remotely, which has been effective because of enhanced digital capabilities. However, enhanced monitoring is required to prevent data-related issues, and action needs to be taken to address challenges faced in having a remote distributed workforce model, like negative impact on on-the-job learning, data-related risks, and employee wellbeing. COVID-19 is an unprecedented event that could not have been predicted in any scenario analysis. This crisis has highlighted various systemic drawbacks that need to be addressed. Banks can apply the lesson learned from this Pandemic to become more robust in the future.

Development of Tunnel Asset Management (TAM) Program

  • Hamed Zamenian;Dae-Hyun (Dan) Koo
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.576-582
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    • 2013
  • Typical highway infrastructure systems include roadway pavement, drainage systems, tunneling, and other hardware components such as guardrails, traffic signs, and lighting. Tunnels in a highway system have provided significant advantages to overcoming various natural challenges including crossing underneath bodies of water or through mountainous areas. While only a few tunnel failure cases have been reported, the failure rate is likely to increase as these assets age and because agencies have not emphasized tunneling asset management. A tunnel system undergoes a deterioration life cycle pattern that is similar to other infrastructure systems. There are very few agencies in the United States implementing comprehensive tunnel asset management programs. While current tunnel asset management programs focus on inspection, maintenance, and operation safety, there is an increasing need for the development of a comprehensive life cycle tunnel asset management program. This paper describes a conceptual framework for a comprehensive tunnel asset management program. The framework consists of three basic phases including a strategic plan, a tactical plan, and an operational plan to provide better information to the decision makers. The strategic plan is a basic long term approach of tunnel asset management. The tactical plan determines specific objectives and the operational plan actually applies asset management objectives in practice. The information includes operational condition, structural condition, efficiency of the system, emergency response, and life cycle cost analysis for tunnel capital improvement project planning.

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An Operational Analysis for Solving Linear Equation Problems (조작적 분석을 통한 일차방정식 해결 연구)

  • Shin, Jae-Hong;Lee, Joong-Kweon
    • Journal of Educational Research in Mathematics
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    • v.19 no.3
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    • pp.461-477
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    • 2009
  • In this study, an operational analysis in the context of linear equations is presented. For the analysis, several second-order models concerning students' whole number knowledge and fraction knowledge based on teaching experiment methodology were employed, in addition to our first-order analysis. This ontogenetic analysis begins with students' Explicitly Nested number Sequence (ENS) and proceeds on through various forms of linear equations. This study shows that even in the same representational forms of linear equations, the mathematical knowledge necessary for solving those equations might be different based on the type of coefficients and constants the equation consists of. Therefore, the pedagogical implications are that teachers should be able to differentiate between different types of linear equation problems and propose them appropriately to students by matching the required mathematical knowledge to the students' potential constructs.

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The Research for Higher Ride Quality with OPAX and OTPA (변수모델을 사용한 전달경로분석법(OPAX)과 전달률 함수를 사용한 전달경로분석법(OTPA)을 사용한 승차감 향상 연구)

  • Shin, Kwangsoo;Choi, Sangill;Kim, Jongsik;Lee, Sangkwon;Im, Sebin
    • Transactions of the Korean Society of Automotive Engineers
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    • v.23 no.1
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    • pp.65-73
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    • 2015
  • The ride quality has become a key component of not only design but car selling as the technology developed and the requirement of passengers grew up. Thus car industry invests lots of time and cost for the higher ride quality. The evaluation of the ride quality mainly is expressed by subjective element that drivers felt. In this paper, instead of the original transfer path analysis method, relatively new methods such as OPAX(Operational path analysis with eXogeneous inputs) and OTPA(operational transfer path analysis) are used for analyzing the main hindrance element of ride quality. With those new method, contribution rate of all paths that the vibration propagate along analyzed after driving test on the roads having different characteristic. The comprehensive hindrance elements of ride quality are deduced from the contribution rate and the improve experiment by changing one of hindrance elements for higher ride quality.

Analysis of Operational Efficiency of Military Department of University Using Data Envelopment Analysis Method (자료포락분석법을 활용한 일반대학 군사학과의 운영 효율성 분석)

  • Young-Min Bae;Sweng-Kyu Lee
    • Convergence Security Journal
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    • v.23 no.2
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    • pp.95-102
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    • 2023
  • The purpose of this paper was to confirm the operational level of the military department of universities, which plays a key role in the officer training process, through empirical research and confirm meaningful results for improvement. There are 11 university military departments operated through the Army, agreements, and semi-agreement, and the Data Envelopment Analysis (DEA) was applied from the perspective of resource input and performance for each university's military department operation to analyze relative efficiency and confirm specific directions for improvement. As a result of operational efficiency analysis, 6 DMUs (Decsision Making Unit) were found to be efficient in the BCC model out of 11 DMUs, and the evaluation results could be confirmed through classification of efficient and inefficient groups through data capture analysis. This paper may be of practical value in that it checks the efficiency of the comparative university military departments and confirms specific information for development through the DEA-Additive model that reflects several evaluation factors at once. Through this, the operators of each university's military department are admitted.

Combining Vehicle Routing with Forwarding : Extension of the Vehicle Routing Problem by Different Types of Sub-contraction

  • Kopfer, Herbert;Wang, Xin
    • Journal of Korean Institute of Industrial Engineers
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    • v.35 no.1
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    • pp.1-14
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    • 2009
  • The efficiency of transportation requests fulfillment can be increased through extending the problem of vehicle routing and scheduling by the possibility of subcontracting a part of the requests to external carriers. This problem extension transforms the usual vehicle routing and scheduling problems to the more general integrated operational transportation problems. In this contribution, we analyze the motivation, the chances, the realization, and the challenges of the integrated operational planning and report on experiments for extending the plain Vehicle Routing Problem to a corresponding problem combining vehicle routing and request forwarding by means of different sub-contraction types. The extended problem is formalized as a mixed integer linear programming model and solved by a commercial mathematical programming solver. The computational results show tremendous costs savings even for small problem instances by allowing subcontracting. Additionally, the performed experiments for the operational transportation planning are used for an analysis of the decision on the optimal fleet size for own vehicles and regularly hired vehicles.

Safety Assessment of LNG Transferring System subjected to gas leakage using FMEA and FTA

  • Lee, Jang-Hyun;Hwang, Seyun;Kim, Sungchan
    • Journal of Advanced Research in Ocean Engineering
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    • v.3 no.3
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    • pp.125-135
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    • 2017
  • The paper considers the practical application of the FMEA(Failure Mode and Effect Analysis) method to assess the operational reliability of the LNG(Liquefied Natural Gas) transfer system, which is a potential problem for the connection between the LNG FPSO and LNG carrier. Hazard Identification (HAZID) and Hazard operability (HAZOP) are applied to identify the risks and hazards during the operation of LNG transfer system. The approach is performed for the FMEA to assess the reliability based on the detection of defects typical to LNG transfer system. FTA and FMEA associated with a probabilistic risk database to the operation scenarios are applied to assess the risk. After providing an outline of the safety assessment procedure for the operational problems of system, safety assessment example is presented, providing details on the fault tree of operational accident, safety assessment, and risk measures.

Service Resource, Capability and Performance: an Exploratory Study on Hotel Industry (호텔 서비스 자원에 따른 운영역량과 성과의 차이에 관한 연구)

  • Cho, Jungeun
    • Journal of Korean Society for Quality Management
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    • v.41 no.4
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    • pp.513-525
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    • 2013
  • Purpose: The purpose of this paper are to propose a strategic map for hotel industry through analyzing the relationship between service resource, operational capabilities, and performance. Methods: A phone survey was conducted among Korean hotels, and 102 data sets were collected. Measurement items are assessed using both cognitive and objective scales. Results: As results, 'superior group', which is superior in both physical resources and human resources, is excellent in all capabilities and also in room occupancy rate. On the other hands, 'inferior group', which is inferior in both physical resources and human resources, shows lower achievements is in most areas except speed. In addition, physical superior group is better than human superior group in most capabilities except speed, but human superior group shows better results than physical superior group in both room occupancy rate and customer satisfaction. Conclusions: Through the empirical analysis, the conclusions attained are as follows; First, human resources affect customer satisfaction more directly that physical resources. Second, the balancing between physical resources and human resources has an importance to improve operational capabilities.

Synthesis of a planar 3 degree-of-freedom adjustible compliance mechanism

  • Kim, Whee-Kuk;Yi, Byung-Ju;Kim, Dong-Gu
    • 제어로봇시스템학회:학술대회논문집
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    • 1994.10a
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    • pp.334-339
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    • 1994
  • In this work, we propose a planar three degree-of-freedom parallel mechanism as another type of assembly device which utilized joint compliances. These joint compliances can be adjusted either by properly replacing the joint compliances or by actively controlling stiffness at joints, in order to generate the desired operational compliance characteristics at RCC point, The operational compliance matrix for this mechanism is explicitly obtained by symbolic manipulation and its operational compliance characteristics are examined, it is found that the RCC point exists at the center of the workspace when the mechanism maintains symmetric configurations. Compliance characteristic and its sensitivity of this mechanism is analyzed with respect to the magnitude of the diagonal compliance components and two different matrix norms measuring compliance sensitivity. It is expected that the analysis results provide the designer with a helpful information to determine a set of optimal parameters of this RCC mechanism.

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