• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.21 no.7
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• pp.117-123
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• 2007

This paper is about the economic analysis of the replacement of electric facilities in the production facilities. As the interest of energy is increasing, the efficiency of facilities become more important. So, in this paper, we diagnosed facilities, especially electric motors, in the plant and calculated the operating efficiency, power loss with the load factor. And when we replace these facilities into high-efficiency motors, we also calculated new energy efficiency, energy loss and economic analysis through capital recovery factor. As a result, we economically proved that using high-efficiency motor is more beneficial than using non-high-efficiency motors in the model process.

• Health Policy and Management
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• v.6 no.2
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• pp.91-114
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• 1996

In this research, the Data Envelopment Analysis(DEA) was applied to measure production efficiency of Public Corporation Medical Centers(PCMCs) operating in Korea. The focus of this research is triple. First, identifing convenience and usefulness of DEA to measure the relative efficiency among PCMCs. Second, assessing magnitudes of the relative efficiency for each PCMC. Third, adding insights into some factors resulting inefficiency in PCMCs. Then, in this paper technical efficiency and scale efficiency measured by DEA[introduced by Charnes, Cooper, and Rhoides(1978) and Banker, Charnes, and Cooper(1984)] were analyzed and a new separate variable was introduced which makes it possible to determine whether operations were conducted in regions of increasing, constant or decresing returns to scale(in multiple input and output situations). And a multi-factor Tobit analysis was conducted to see which variables are associated with PCMC's efficiency.

• The Journal of Economics, Marketing and Management
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• v.9 no.3
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• pp.11-21
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• 2021

Purpose: The purpose of this study is to understand the status quo of production efficiency in private industrial enterprises above designated scale in China's 31 provinces (including municipalities directly under the central government, autonomous regions) (hereinafter referred to as China's 31 provinces). Research design, data and methodology: Find out the factors affecting the development of production efficiency in private industrial enterprises, using DEA, Data Envelopment Analysis and Malmquist index analysis, build the evaluation model of production efficiency in private industrial enterprises, and analyze the data of China's 31 provinces private industrial enterprises in 2015-2019. Results: The research results show that the production efficiency of private industrial enterprises in China is improving on the whole. Although the total factor productivity has decreased slightly, the overall efficiency and pure technical efficiency have increased significantly. Conclusions: The conclusion of this study can provide reference for Chinese private industrial enterprises to improve production efficiency and make development plan. The limitation of this paper lies in the fact that the private industrial enterprises in inefficient provinces have not been given specific improvement plans.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.21 no.6
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• pp.102-108
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• 2007

This paper is about the energy efficiency calculation of the production facilities. In the paper-manufacturing industry, for example, the production facility needs much energy including electric and heat energy. So, in this paper, we chose a process in the model plant to calculate energy efficiency. To the Electric facilities, We calculated the energy efficiency of electric facilities by means of load factor and voltage unbalance of the motors. And to the heat energy, we calculated the heat energy efficiency by comparing necessary calorie and supplied calorie for the process. We performed all these energy efficiency calculations by using the measured data of a process in an operating plant.

• Journal of the Korean Data and Information Science Society
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• v.19 no.4
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• pp.1449-1463
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• 2008

This paper considers three different models with two functional forms, Cobb-Douglas and Translog, for the stochastic frontier production function of food manufacturing industry of Bangladesh over the period 1981-1982 to 1999-2000. The models are proposed by Battese and Coelli (1992, 1995) and Huang and Liu (1994). The technical efficiency, total factor productivity, technological change and technical efficiency change have been estimated in the frontier models. The results indicate that 41.47%, 59.30% and 70.98% of the potential output are being realized in this sector. The mean increments in total factor productivity are approximately 2%, 9% and 4% respectively.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.11 no.1
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• pp.53-59
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• 2011

In this paper, the implementation of a production control system has been studied in order to obtain Realtime Cost Calculation using an exact Machine Factor and Man Factor based on RFID reader data transferred through network. For the study, microprocessor built in the controller of production facilities is used and also RFID reader is built additionally. Control part, card reader used for check the beginning and ending working time of workers, and Machine Factor and Man Factor calculated are transferred to server via PLC transmission port, serial transmission port, or Ethernet transmission port. By using the system, the production cost or the production efficiency is calculated exactly. Therefore it is possible to improve production rate and cost reduction by the use of the proposed production control system.

• The Journal of Fisheries Business Administration
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• v.43 no.2
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• pp.67-77
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• 2012

Based on the survey on aquaculture management status in Nohwa-eup, Bogil-myeon, Wando-eup in Wando region, this study aimed to estimate productive efficiencies of abalone aquaculture production using a stochastic frontier approach (SFA) and to find out their determinants. In the analysis, a Cobb-Douglas production function with an inefficiency term that follows an halfnormal distribution was assumed for the estimation of productive efficiencies. Then, based on the outcomes of productive efficiencies, determinants of productive efficiency were investigated using a tobit regression model. Results showed that the average inefficiency was estimated to be 10% and the production size would be a statistically significant variable for the production. In addition, it was shown that the cage installing method would be an important factor affecting to the level of productive efficiency.

• Journal of Korean Society of Transportation
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• v.28 no.5
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• pp.31-41
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• 2010

The objective of this paper is to evaluate production efficiency of the commercial road freight transportation industry using quarterly actual data by individual truck drivers from January 2005 to September 2009. In addition, this study analyzes various impact factors that influence production efficiency, including regulatory factors (e.g., entrust management system and multi-level transactions). For this purpose, this study uses data envelopment analysis and a truncated Tobit model. As a result, production efficiency of the general freight sector is higher than those of the other two sectors. Also, production efficiency in the steel goods sector ranks the highest; meanwhile, production efficiency in the oil goods sector ranks the lowest. In particular, production efficiency indicators of the commercial road freight transportation industry fluctuate with time by a small margin, and have an upward tendency on the whole. Finally, some policy implications are given to promote production efficiency of the commercial road freight transportation industry.

• KDI Journal of Economic Policy
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• v.39 no.4
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• pp.25-50
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• 2017

Whereas a large variety of previous studies show mixed results regarding the relationship between public investment and economic outcome, several studies have been conducted on related issues in Korea. The present study deals with the effect of public investment in Korea on economic growth and productivity. Using administrative data, it exploits three different methodologies: the total factor productivity approach, production function approach, and stochastic frontier production function approach. The results of this study show that public investment has a statistically significant effect on economic growth. However, it contributes little to enhance productivity. It is explained that there exists inefficiency of production in the Korean economy. These findings indicate that public investment has played a central role in the direct input factor and not in indirect role in Korea. Thus, it is necessary for public investment policies to concentrate on enhancing the efficiency of the Korean economy.

• Transactions of the Korean hydrogen and new energy society
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• v.35 no.2
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• pp.129-139
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• 2024

The significance of hydrogen economy and production technology is steadily increasing. This research reviewed strategies for utilizing hydrogen production technology by combining a multi-layer model, strategic niche management, and the need factor for Hoship. The model was validated as a strategy considering hydrogen production technology and the transformation of the energy system. Using this, a new business model for hydrogen production technology was created, finding a strategic niche and sophisticating the technology. It also proposed ways to unlock the potential of hydrogen production technology and improve its efficiency. This work contributes to the commercialization of hydrogen production technology and its role in sustainable energy conversion. It proposes a new and effective approach for utilizing hydrogen production technology, going beyond its limitations to suggest a more efficient method. It is hoped that these results will be helpful to researchers in hydrogen energy, and serve as a reference for establishing ways to utilize hydrogen production technology.