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An interactive procedure to improve estimate of value efficiency in DEA
- Source :
- Expert Systems with Applications. 137:29-45
- Publication Year :
- 2019
- Publisher :
- Elsevier BV, 2019.
-
Abstract
- Value efficiency analysis is an approach to incorporate the Decision-Maker's (DM) priori knowledge (preference information) into efficiency analysis. This paper presents a multi-objective programming model to measure the value efficiency. The model's feasible region is the production possibility set in data envelopment analysis (DEA) and the objective functions are the value efficiency scores corresponding to input and output components. Considering the structure of the proposed model and the concept of value efficiency, the step method (STEM) method to solve the model and gain the value efficiency is used in this paper. By selecting MPU (most preferred unit) units based on the manager's choice, the suitable benchmarks and value efficiency scores could be obtained corresponding to the unit under evaluation, then one could see that the obtained benchmarks and value efficiency scores are strongly dependent on the selected MPU units. Finally, a numerical example is proposed to illustrate the credit of the proposed approach. The method has been applied for real world data.
- Subjects :
- 0209 industrial biotechnology
Measure (data warehouse)
Mathematical optimization
Computer science
Feasible region
General Engineering
02 engineering and technology
Computer Science Applications
Set (abstract data type)
020901 industrial engineering & automation
Artificial Intelligence
Value (economics)
0202 electrical engineering, electronic engineering, information engineering
Data envelopment analysis
Production (economics)
020201 artificial intelligence & image processing
Preference (economics)
Subjects
Details
- ISSN :
- 09574174
- Volume :
- 137
- Database :
- OpenAIRE
- Journal :
- Expert Systems with Applications
- Accession number :
- edsair.doi...........ede089ed2cf2bd14b7c35977dac89205