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Conventional applications of data envelopment analysis (DEA) presume the existence of a set of similar decision making units, wherein each unit is evaluated relative to other members of the set. Often, however, the DMUs fall naturally into groupings, giving rise first to the problem of how to...
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In most applications ofDEA presented in the literature, the models presented are designedto obtain a single measure of efficiency. In many instances however,the decision making units involved may perform several differentand clearly identifiable functions, or can be separated intodifferent...
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This paper develops a mathematical programming model for obtaining a best set of sites for planned facilities. The model is concerned with those situations where resource constraints are present. The specific setting for the paper involves the selection of sites for a set of retail outlets,...
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This paper presents a new approach to the classical multiyear capital budgeting problem. Three basic operational principles, arising out of an actual implementation of such a model, are specifically addressed in this approach. These principles are: (1) all budgets except that of the first year...
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