Lee, Chia-Yen - In: European Journal of Operational Research 237 (2014) 1, pp. 207-216
of the direction towards the profit-maximized benchmark. We conclude that the marginal profit maximization is a useful … estimating the “score” of efficiency; focusing on “planning” over “evaluation”. In fact, the direction towards marginal profit … maximization implies a step-by-step improvement and “wait-and-see” decision process, which is more consistent with the practical …
