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Effective supply chain management relies on information integration and implementation of best practice techniques across the chain. Supply chains are examples of complex multi-stage systems with temporal and causal interrelations, operating multi-input and multi-output production and services...
Persistent link: https://www.econbiz.de/10014037053
The healthcare system is no stranger to resource challenges in the face of unlimited demand to fulfill healthcare objectives of satisfying patients, maintaining service quality, and maximizing profit. Healthcare decision-makers are responsible for devising effective methods for allocating scarce...
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Data Envelopment Analysis (DEA) is a non-parametric method for measuring the relative efficiency of a set of Decision Making Units (DMUs) using multiple precise inputs to produce multiple precise outputs. Several extensions to DEA have been made for the case of imprecise data, as well as to...
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This study presents some quantitative evidence from a number of simulation experiments on the accuracy of the productivity growth estimates derived from growth accounting (GA) and frontier-based methods (namely Data envelopment Analysis-, Corrected ordinary least squares-, and Stochastic...
Persistent link: https://www.econbiz.de/10015231089
Over the years, a number of different approaches were developed to measure productivity change, both in the micro and the macro setting. Since each approach comes with its own set of assumptions, it is not uncommon in practice that they produce different, and sometimes quite divergent,...
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The validity of data envelopment analysis (DEA) efficiency estimators depends on the robustness of the production frontier to measurement errors, specification errors and the dimension of the input-output space. It has been proven that DEA estimators, within the interval (0, 1], are...
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