Analytical Decision Making and Data Envelopment Analysis

Analytical Decision Making and Data Envelopment Analysis PDF Author: S. A. Edalatpanah
Publisher: Springer Nature
ISBN: 9819769728
Category :
Languages : en
Pages : 492

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Book Description

Analytical Decision Making and Data Envelopment Analysis

Analytical Decision Making and Data Envelopment Analysis PDF Author: S. A. Edalatpanah
Publisher: Springer Nature
ISBN: 9819769728
Category :
Languages : en
Pages : 492

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Book Description


Analytical Decision Making and Data Envelopment Analysis

Analytical Decision Making and Data Envelopment Analysis PDF Author: S.A Edalatpanah
Publisher: Springer
ISBN: 9789819769711
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This book explores the intersection of data envelopment analysis (DEA) and various analytical decision-making methodologies. Featuring contributions from experts in the field from across the world, each chapter delves into different aspects of DEA and its applications in real-world scenarios. The book covers a wide range of topics, including integrating DEA with machine learning techniques, performance evaluation in diverse sectors like banking and civil engineering, and using DEA in managerial decision-making. It also examines data mining during the Covid-19 pandemic and the application of blockchain and IoT in supply chain management. The book offers a deep dive into the evolution of nonparametric frontier methods and the development of new optimization algorithms, addressing the complexities of modern analytical decision-making tools. A few chapters delve into futuristic topics like fuzzy sets and their extensions in decision-making and exploring e-learning platforms for education. This book is an invaluable resource for researchers, practitioners and students interested in the latest DEA advancements and practical applications in various fields. Its multidisciplinary approach makes it a useful addition to the libraries of those seeking to understand the complexities and potentials of modern analytical decision-making tools.

Preferential Voting and Applications: Approaches Based on Data Envelopment Analysis

Preferential Voting and Applications: Approaches Based on Data Envelopment Analysis PDF Author: Mehdi Soltanifar
Publisher: Springer Nature
ISBN: 3031304039
Category : Technology & Engineering
Languages : en
Pages : 190

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Book Description
This book presents the theory and application of the models presented in this regard and establishes a meaningful relationship between data envelopment analysis and multi-attribute decision making. The issue of "choice" using the aggregation of voters' votes is one of the most important group decision-making issues that are always considered by decision makers in electoral systems. Voting is a method of group decision making in a democratic society that expresses the will of the majority. Voting is perhaps the simplest way to gather the opinions of experts, and this ease of application has made it a multi-attribute decision-making method in group decisions. Preferential voting is a type of voting that may refer to electoral systems or groups of the electoral system. In preferential voting, voters vote for multiple candidates, and how the candidates are arranged on the ballot is important. Researchers have made many efforts to provide models of voter aggregation, and one of the best results of these efforts is the aggregation of votes based on the policy of data envelopment analysis. Thus, in group decisions, the opinions of experts are obtained in a simple structure and consolidated in an interactive and logical structure, and the results can be a powerful tool for decision support. This book provides a complete set of voting models based on data envelopment analysis and expressing its various applications in industry and society. However, most decision-making methods do not use the opinions of experts or reduce the motivation of experts to participate in complex interactions and time, while voting methods do not have this shortcoming. This book is suitable for graduate students in the fields of industrial management, business management, industrial engineering, applied mathematics, and economics. It can also be a good source for researchers in decision science, decision support systems, data envelopment analysis, supply chain management, healthcare management, and others. The methods presented in this book can not only offer a comprehensive framework for solving the problems of these areas but also can inspire researchers to pursue new innovative hybrid methods.

Proceedings of IAC in Vienna 2019

Proceedings of IAC in Vienna 2019 PDF Author: Group of Authors
Publisher: Czech Institute of Academic Education z.s.
ISBN: 8088203147
Category : Business & Economics
Languages : en
Pages : 307

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Book Description
International Academic Conference on Global Education, Teaching and Learning International Academic Conference on Management, Economics, Business and Marketing International Academic Conference on Transport, Logistics, Tourism and Sport Science

Data Envelopment Analysis (DEA) Methods for Maximizing Efficiency

Data Envelopment Analysis (DEA) Methods for Maximizing Efficiency PDF Author: Ajibesin, Adeyemi Abel
Publisher: IGI Global
ISBN:
Category : Computers
Languages : en
Pages : 413

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Book Description
In today's highly competitive and rapidly evolving global landscape, the quest for efficiency has become a crucial factor in determining the success of organizations across various industries. Data Envelopment Analysis (DEA) Methods for Maximizing Efficiency is a comprehensive guide that delves into the powerful mathematical tool of DEA, is designed to assess the relative efficiency of decision-making units (DMUs), and provides valuable insights for performance improvement. This book presents a systematic overview of DEA models and techniques, from fundamental concepts to advanced methods, showcasing their practical applications through real-world examples and case studies. Catering to a broad audience, this book is designed for students, researchers, consultants, decision-makers, and enthusiasts in the field of efficiency analysis and performance measurement. Consultants and practitioners will gain practical insights for applying DEA in various contexts, and decision-makers will be equipped to make informed decisions for maximizing efficiency. Additionally, individuals with a general interest in data analysis and performance measurement will find this book accessible and informative. This book covers a wide range of topics, including mathematical foundations of DEA, DEA models and variations, DEA efficiency and productivity measures, DEA applications in various industries such as healthcare, finance, supply chain management, environmental management, education management, and public sector management.

Handbook on Data Envelopment Analysis

Handbook on Data Envelopment Analysis PDF Author: William W. Cooper
Publisher: Springer Science & Business Media
ISBN: 1441961518
Category : Business & Economics
Languages : en
Pages : 513

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Book Description
This handbook covers DEA topics that are extensively used and solidly based. The purpose of the handbook is to (1) describe and elucidate the state of the field and (2), where appropriate, extend the frontier of DEA research. It defines the state-of-the-art of DEA methodology and its uses. This handbook is intended to represent a milestone in the progression of DEA. Written by experts, who are generally major contributors to the topics to be covered, it includes a comprehensive review and discussion of basic DEA models, which, in the present issue extensions to the basic DEA methods, and a collection of DEA applications in the areas of banking, engineering, health care, and services. The handbook's chapters are organized into two categories: (i) basic DEA models, concepts, and their extensions, and (ii) DEA applications. First edition contributors have returned to update their work. The second edition includes updated versions of selected first edition chapters. New chapters have been added on: different approaches with no need for a priori choices of weights (called “multipliers) that reflect meaningful trade-offs, construction of static and dynamic DEA technologies, slacks-based model and its extensions, DEA models for DMUs that have internal structures network DEA that can be used for measuring supply chain operations, Selection of DEA applications in the service sector with a focus on building a conceptual framework, research design and interpreting results.

Business Intelligence

Business Intelligence PDF Author: Carlo Vercellis
Publisher: John Wiley & Sons
ISBN: 1119965470
Category : Mathematics
Languages : en
Pages : 314

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Book Description
Business intelligence is a broad category of applications and technologies for gathering, providing access to, and analyzing data for the purpose of helping enterprise users make better business decisions. The term implies having a comprehensive knowledge of all factors that affect a business, such as customers, competitors, business partners, economic environment, and internal operations, therefore enabling optimal decisions to be made. Business Intelligence provides readers with an introduction and practical guide to the mathematical models and analysis methodologies vital to business intelligence. This book: Combines detailed coverage with a practical guide to the mathematical models and analysis methodologies of business intelligence. Covers all the hot topics such as data warehousing, data mining and its applications, machine learning, classification, supply optimization models, decision support systems, and analytical methods for performance evaluation. Is made accessible to readers through the careful definition and introduction of each concept, followed by the extensive use of examples and numerous real-life case studies. Explains how to utilise mathematical models and analysis models to make effective and good quality business decisions. This book is aimed at postgraduate students following data analysis and data mining courses. Researchers looking for a systematic and broad coverage of topics in operations research and mathematical models for decision-making will find this an invaluable guide.

Multiple Criteria Decision Making Applications in Environmentally Conscious Manufacturing and Product Recovery

Multiple Criteria Decision Making Applications in Environmentally Conscious Manufacturing and Product Recovery PDF Author: Surendra M. Gupta
Publisher: CRC Press
ISBN: 1351645617
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
In order to ensure environmentally responsible production and disposal of products, local governments are imposing stricter environmental regulations, some of which even require manufacturers to take back their products at the end of the product's useful life. These government regulations, together with increasing environmental awareness, have forced manufacturers to invest in environment-conscious manufacturing. The multiple Criteria Decision Making Techniques presented in this book can be employed to solve the problems of environment-conscious manufacturers in product design, logistics, disassembly and remanufacturing.

Introduction to the Theory and Application of Data Envelopment Analysis

Introduction to the Theory and Application of Data Envelopment Analysis PDF Author: Emmanuel Thanassoulis
Publisher: Springer Science & Business Media
ISBN: 146151407X
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
1 DATA ENVELOPMENT ANALYSIS Data Envelopment Analysis (DEA) was initially developed as a method for assessing the comparative efficiencies of organisational units such as the branches of a bank, schools, hospital departments or restaurants. The key in each case is that they perform feature which makes the units comparable the same function in terms of the kinds of resource they use and the types of output they produce. For example all bank branches to be compared would typically use staff and capital assets to effect income generating activities such as advancing loans, selling financial products and carrying out banking transactions on behalf of their clients. The efficiencies assessed in this context by DEA are intended to reflect the scope for resource conservation at the unit being assessed without detriment to its outputs, or alternatively, the scope for output augmentation without additional resources. The efficiencies assessed are comparative or relative because they reflect scope for resource conservation or output augmentation at one unit relative to other comparable benchmark units rather than in some absolute sense. We resort to relative rather than absolute efficiencies because in most practical contexts we lack sufficient information to derive the superior measures of absolute efficiency. DEA was initiated by Charnes Cooper and Rhodes in 1978 in their seminal paper Chames et al. (1978). The paper operationalised and extended by means of linear programming production economics concepts of empirical efficiency put forth some twenty years earlier by Farrell (1957).

Data Envelopment Analysis

Data Envelopment Analysis PDF Author: Joe Zhu
Publisher: Springer
ISBN: 1489976841
Category : Business & Economics
Languages : en
Pages : 594

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Book Description
This handbook compiles state-of-the-art empirical studies and applications using Data Envelopment Analysis (DEA). It includes a collection of 18 chapters written by DEA experts. Chapter 1 examines the performance of CEOs of U.S. banks and thrifts. Chapter 2 describes the network operational structure of transportation organizations and the relative network data envelopment analysis model. Chapter 3 demonstrates how to use different types of DEA models to compute total-factor energy efficiency scores with an application to energy efficiency. In chapter 4, the authors explore the impact of incorporating customers' willingness to pay for service quality in benchmarking models on cost efficiency of distribution networks, and chapter 5 provides a brief review of previous applications of DEA to the professional baseball industry, followed by two detailed applications to Major League Baseball. Chapter 6 examines efficiency and productivity of U.S. property-liability (P-L) insurers using DEA, while chapter 7 presents a two-stage network DEA model that decomposes the overall efficiency of a decision-making unit into two components. Chapter 8 presents a review of the literature of DEA models for the perfoemance assessment of mutual funds, and chapter 9 discusses the management strategies formulation of the international tourist hotel industry in Taiwan. Chapter 10 presents a novel use of the two-stage network DEA to evaluate sustainable product design performances. In chapter 11 authors highlight limitations of some DEA environmental efficiency models, and chapter 12 reviews applications of DEA in secondary and tertiary education. Chapter 13 measures the relative performance of New York State school districts in the 2011-2012 academic year. Chapter 14 provides an introductory prelude to chapters 15 and 16, which both provide detailed applications of DEA in marketing. Chapter 17 then shows how to decompose a new total factor productivity index that satisfies all economically-relevant axioms from index theory with an application to U.S. agriculture. Finally, chapter 18 presents a unique study that conducts a DEA research front analysis, applying a network clustering method to group the DEA literature over the period 2000 to 2014.