Showing 1 - 10 of 219
Data envelopment analysis (DEA) is a non-parametric method for evaluating the relative efficiency of decision-making units (DMUs) on the basis of multiple inputs and outputs. Conventional DEA models assume that inputs and outputs are measured by exact values on a ratio scale. However, the...
Persistent link: https://www.econbiz.de/10014040598
The increasing intensity of global competition has led organizations to utilize various types of performance measurement tools for improving the quality of their products and services. Data envelopment analysis (DEA) is a methodology for evaluating and measuring the relative efficiencies of a...
Persistent link: https://www.econbiz.de/10014040599
Data envelopment analysis (DEA) is a common non-parametric frontier analysis method. The multiplier framework of DEA allows flexibil- ity in the selection of endogenous input and output weights of decision making units (DMUs) as to cautiously measure their efficiency. The calculation of DEA...
Persistent link: https://www.econbiz.de/10014040600
Linear programming (LP) is the most widely used optimization technique for solving real-life problems because of its simplicity and efficiency. Although LP models require well-suited information and precise data, managers and decision makers dealing with optimization problems often have a lack...
Persistent link: https://www.econbiz.de/10014040602
Data envelopment analysis (DEA) is a methodology for measuring the relative efficiencies of a set of decision making units (DMUs) that use multiple inputs to produce multiple outputs. In the conventional DEA, all the data assume the form of specific numerical values. However, the observed values...
Persistent link: https://www.econbiz.de/10014044975
In the conventional data envelopment analysis (DEA), all the data assumes the form of crisp numerical values. However, the observed values of the input and output data in real-world problems are sometimes imprecise or vague. Some researchers have proposed various fuzzy methods for dealing with...
Persistent link: https://www.econbiz.de/10014044976
Crisp input and output data are fundamentally indispensable in traditional data envelopment analysis (DEA). However, the input and output data in real-world problems are often imprecise or ambiguous. Some researchers have proposed interval DEA (IDEA) and fuzzy DEA (FDEA) to deal with imprecise...
Persistent link: https://www.econbiz.de/10014193615
Data Envelopment Analysis (DEA) is a widely used mathematical programming technique for comparing the inputs and outputs of a set of homogenous Decision Making Units (DMUs) by evaluating their relative efficiency. The conventional DEA methods assume deterministic and precise values for the input...
Persistent link: https://www.econbiz.de/10014143745
The Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) is a well-known Multi-Attribute Decision Making (MADM) method that is used to identify the most attractive alternative solution among a finite set of alternatives based on the simultaneous minimization of the distance...
Persistent link: https://www.econbiz.de/10014143747
Linear programming (LP) is the most widely used optimization technique for solving real-life problems because of its simplicity and efficiency. Although conventional LP models require precise data, managers and decision makers dealing with real-world optimization problems often do not have...
Persistent link: https://www.econbiz.de/10014143748