Data Envelopment Analysis

Details

Serval ID
serval:BIB_86BC6816289C
Type
A part of a book
Publication sub-type
Chapter: chapter ou part
Collection
Publications
Institution
Title
Data Envelopment Analysis
Title of the book
Multi-Criteria Decision Analysis : Methods and Software
Author(s)
Huguenin J.-M.
Publisher
Wiley
Address of publication
Chichester
ISBN
9781119974079
Publication state
Published
Issued date
2013
Editor
Ishizaka  A., Nemery P.
Chapter
10
Pages
235-274
Edition
1st edition
Language
english
Abstract
This contribution introduces Data Envelopment Analysis (DEA), a performance measurement technique. DEA helps decision makers for the following reasons: (1) By calculating an efficiency score, it indicates if a firm is efficient or has capacity for improvement; (2) By setting target values for input and output, it calculates how much input must be decreased or output increased in order to become efficient; (3) By identifying the nature of returns to scale, it indicates if a firm has to decrease or increase its scale (or size) in order to minimise the average total cost; (4) By identifying a set of benchmarks, it specifies which other firms' processes need to be analysed in order to improve its own practices. This contribution presents the essentials about DEA, alongside a case study to intuitively understand its application. It also introduces Win4DEAP, a software package that conducts efficiency analysis based on DEA methodology. The methodical background of DEA is presented for more demanding readers. Finally, four advanced topics of DEA are treated: adjustment to the environment, preferences, sensitivity analysis and time series data.
Keywords
Data Envelopment Analysis, performance measurement, efficiency
Create date
27/01/2014 13:19
Last modification date
20/08/2019 15:46
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