Comparative Efficiency in Data Envelopment Analysis Based on Ratio Analysis

Comparative Efficiency in Data Envelopment Analysis Based on Ratio Analysis
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.

Comparative Performance Measurement

Comparative Performance Measurement
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.

Introduction to the Theory and Application of Data Envelopment Analysis

Introduction to the Theory and Application of Data Envelopment Analysis
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).

Advances in Efficiency and Productivity Analysis

Advances in Efficiency and Productivity Analysis
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.

Network Data Envelopment Analysis

Network Data Envelopment Analysis
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.

The Measurement of Productive Efficiency and Productivity Growth

The Measurement of Productive Efficiency and Productivity Growth
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.

Handbook of Operations Analytics Using Data Envelopment Analysis

Handbook of Operations Analytics Using Data Envelopment Analysis
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.

Applications of Management Science

Applications of Management Science
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.

Data Envelopment Analysis and Its Applications to Management

Data Envelopment Analysis and Its Applications to Management
Author: Vincent Charles
Publisher: Cambridge Scholars Publishing
Total Pages: 275
Release: 2013-02-14
Genre: Business & Economics
ISBN: 1443846430

Data envelopment analysis (DEA), a non-parametric technique, has emerged as a popular management tool for measuring the performance of a set of entities, known as decision making units. This book, Data Envelopment Analysis and Its Applications to Management, is a collection of contributions from DEA experts from various countries. It covers a wide range of research papers from the theoretical development of DEA to its applications in various sectors such as economy, banking, education, revenue management, sports, branch networks, cities, and live stock production systems. The book is useful for researchers as well as practitioners who intend to apply DEA to their strategic and managerial decisions.

Service Productivity Management

Service Productivity Management
Author: H. David Sherman
Publisher: Springer Science & Business Media
Total Pages: 344
Release: 2006-09-10
Genre: Business & Economics
ISBN: 0387332316

Here is an in-depth guide to the most powerful available benchmarking technique for improving service organization performance — Data Envelopment Analysis (DEA). The book outlines DEA as a benchmarking technique, identifies high cost service units, isolates specific changes for elevating performance to the best practice services level providing high quality service at low cost and most important, it guides the improvement process.