Comparative Efficiency In Data Envelopment Analysis Based On Ratio Analysis
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Author | : Farhad Hosseinzadeh Lotfi |
Publisher | : Springer Nature |
Total Pages | : 192 |
Release | : 2023-11-01 |
Genre | : Computers |
ISBN | : 3031431812 |
The combination of DEA and ratio analysis is introduced as a suitable field for evaluating the performance of DMUs. In this regard, DEA-R is also proposed as a hybrid technique for calculating efficiency, ranking DMUs, and finding efficient faces. Therefore, the relationship between DEA and DEA-R provides a suitable field for researchers in the field of evaluating the performance of DMUs. The audience of this book is not limited to researchers in mathematics fields, but experts and students in industrial engineering and management fields also benefit from the topics of this book.
Author | : Elaine Morley |
Publisher | : The Urban Insitute |
Total Pages | : 128 |
Release | : 2001 |
Genre | : Business & Economics |
ISBN | : 9780877667001 |
Topics covered include scope of CPM, preparing for data collection, reporting and using CPM information.
Author | : Osman, Ibrahim H. |
Publisher | : IGI Global |
Total Pages | : 773 |
Release | : 2013-08-31 |
Genre | : Business & Economics |
ISBN | : 1466644753 |
Organizations can use the valuable tool of data envelopment analysis (DEA) to make informed decisions on developing successful strategies, setting specific goals, and identifying underperforming activities to improve the output or outcome of performance measurement. The Handbook of Research on Strategic Performance Management and Measurement Using Data Envelopment Analysis highlights the advantages of using DEA as a tool to improve business performance and identify sources of inefficiency in public and private organizations. These recently developed theories and applications of DEA will be useful for policymakers, managers, and practitioners in the areas of sustainable development of our society including environment, agriculture, finance, and higher education sectors.
Author | : Emmanuel Thanassoulis |
Publisher | : Springer Science & Business Media |
Total Pages | : 296 |
Release | : 2013-06-29 |
Genre | : Business & Economics |
ISBN | : 146151407X |
1 DATA ENVELOPMENT ANALYSIS Data Envelopment Analysis (DEA) was initially developed as a method for assessing the comparative efficiencies of organisational units such as the branches of a bank, schools, hospital departments or restaurants. The key in each case is that they perform feature which makes the units comparable the same function in terms of the kinds of resource they use and the types of output they produce. For example all bank branches to be compared would typically use staff and capital assets to effect income generating activities such as advancing loans, selling financial products and carrying out banking transactions on behalf of their clients. The efficiencies assessed in this context by DEA are intended to reflect the scope for resource conservation at the unit being assessed without detriment to its outputs, or alternatively, the scope for output augmentation without additional resources. The efficiencies assessed are comparative or relative because they reflect scope for resource conservation or output augmentation at one unit relative to other comparable benchmark units rather than in some absolute sense. We resort to relative rather than absolute efficiencies because in most practical contexts we lack sufficient information to derive the superior measures of absolute efficiency. DEA was initiated by Charnes Cooper and Rhodes in 1978 in their seminal paper Chames et al. (1978). The paper operationalised and extended by means of linear programming production economics concepts of empirical efficiency put forth some twenty years earlier by Farrell (1957).
Author | : Kaveh Sheibani |
Publisher | : ORLAB Analytics |
Total Pages | : 44 |
Release | : 2015-06-30 |
Genre | : Business & Economics |
ISBN | : |
We are pleased to welcome readers to this issue of the Journal of Applied Operational Research (JAOR), Volume 7, Number 1. The journal reports on developments in all aspects of operational research, including the latest advances and applications. It is a primarily goal of the journal to focus on and publish practical case studies which illustrate real-life applications.
Author | : Christopher F. Parmeter |
Publisher | : Springer Nature |
Total Pages | : 371 |
Release | : 2020-10-21 |
Genre | : Business & Economics |
ISBN | : 3030471063 |
The volume examines the state-of-the-art of productivity and efficiency analysis. It brings together a selection of the best papers from the 10th North American Productivity Workshop. By analyzing world-wide perspectives on challenges that local economies and institutions may face when changes in productivity are observed, readers can quickly assess the impact of productivity measurement, productivity growth, dynamics of productivity change, measures of labor productivity, measures of technical efficiency in different sectors, frontier analysis, measures of performance, industry instability and spillover effects. The contributions in this volume focus on the theory and application of economics, econometrics, statistics, management science and operational research related to problems in the areas of productivity and efficiency measurement. Popular techniques and methodologies including stochastic frontier analysis and data envelopment analysis are represented. Chapters also cover broader issues related to measuring, understanding, incentivizing and improving the productivity and performance of firms, public services, and industries.
Author | : Harold O. Fried |
Publisher | : Oxford University Press |
Total Pages | : 653 |
Release | : 2008-02-04 |
Genre | : Business & Economics |
ISBN | : 0198040504 |
When Harold Fried, et al. published The Measurement of Productive Efficiency: Techniques and Applications with OUP in 1993, the book received a great deal of professional interest for its accessible treatment of the rapidly growing field of efficiency and productivity analysis. The first several chapters, providing the background, motivation, and theoretical foundations for this topic, were the most widely recognized. In this tight, direct update, these same editors have compiled over ten years of the most recent research in this changing field, and expanded on those seminal chapters. The book will guide readers from the basic models to the latest, cutting-edge extensions, and will be reinforced by references to classic and current theoretical and applied research. It is intended for professors and graduate students in a variety of fields, ranging from economics to agricultural economics, business administration, management science, and public administration. It should also appeal to public servants and policy makers engaged in business performance analysis or regulation.
Author | : Chiang Kao |
Publisher | : Springer |
Total Pages | : 447 |
Release | : 2016-08-23 |
Genre | : Business & Economics |
ISBN | : 3319317180 |
This book presents the underlying theory, model development, and applications of network Data Envelopment Analysis (DEA) in a systematic way. The field of network DEA extends and complements conventional DEA by considering not only inputs and outputs when measuring system efficiency, but also the internal structure of the system being analyzed. By analyzing the efficiency of individual internal components, and more particularly by studying the effects of relationships among components which are modeled and implemented by means of various network structures, the “network DEA” approach is able to help identify and manage the specific components that contribute inefficiencies into the overall systems. This relatively new approach comprises an important analytical tool based on mathematical programming techniques, with valuable implications to production and operations management. The existing models for measuring the efficiency of systems of specific network structures are also discussed, and the relationships between the system and component efficiencies are explored. This book should be able to inspire new research and new applications based on the current state of the art. Performance evaluation is an important task in management, and is needed to (i) better understand the past accomplishments of an organization and (ii) plan for its future development. However, this task becomes rather challenging when multiple performance metrics are involved. DEA is a powerful tool to cope with such issues. For systems or operations composed of interrelated processes, managers need to know how the performances of the various processes evaluated and how they are aggregated to form the overall performance of the system. This book provides an advanced exposition on performance evaluation of systems with network structures. It explores the network nature of most production and operation systems, and explains why network analyses are necessary.
Author | : Shiuh-Nan Hwang |
Publisher | : Springer |
Total Pages | : 511 |
Release | : 2016-07-01 |
Genre | : Business & Economics |
ISBN | : 1489977058 |
This handbook focuses on Data Envelopment Analysis (DEA) applications in operations analytics which are fundamental tools and techniques for improving operation functions and attaining long-term competitiveness. In fact, the handbook demonstrates that DEA can be viewed as Data Envelopment Analytics. Chapters include a review of cross-efficiency evaluation; a case study on measuring the environmental performance of OECS countries; how to select a set of performance metrics in DEA with an application to American banks; a relational network model to take the operations of individual periods into account in measuring efficiencies; how the efficient frontier methods DEA and stochastic frontier analysis (SFA) can be used synergistically; and how to integrate DEA and multidimensional scaling. In other chapters, authors construct a dynamic three-stage network DEA model; a bootstrapping based methodology to evaluate returns to scale and convexity assumptions in DEA; hybridizing DEA and cooperative games; using DEA to represent the production technology and directional distance functions to measure band performance; an input-specific Luenberger energy and environmental productivity indicator; and the issue of reference set by differentiating between the uniquely found reference set and the unary and maximal types of the reference set. Finally, additional chapters evaluate and compare the technological advancement observed in different hybrid electric vehicles (HEV) market segments over the past 15 years; radial measurement of efficiency for the production process possessing multi-components under different production technologies; issues around the use of accounting information in DEA; how to use DEA environmental assessment to establish corporate sustainability; a summary of research efforts on DEA environmental assessment applied to energy in the last 30 years; and an overview of DEA and how it can be utilized alone and with other techniques to investigate corporate environmental sustainability questions.
Author | : Kenneth D. Lawrence |
Publisher | : Emerald Group Publishing |
Total Pages | : 328 |
Release | : 2012-03-23 |
Genre | : Business & Economics |
ISBN | : 1780521006 |
Applications of Management Science presents state-of-the-art studies in the application of management science to solve significant managerial decision-making problems. Volume 15 examines management science application to data envelopment analysis, efficiency and supply chain, quality multi-criteria and financial applications.