Benchmarking with a Dynamic DEA Model

Benchmarking with a Dynamic DEA Model PDF Author: Ram Pratap Sinha
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
There was a paradigm shift in the competition scenario of the Indian commercial banking sector as a consequence of the initiation of banking sector reforms and opening up of the banking sector to the foreign participants in a gradual fashion. The present paper benchmarks the performance of public sector, private sector and foreign banks operating in India for the period 2006-07 to 2010-11 through a 'Dynamic Slacks-Based DEA Model'. The study also computes factor efficiency indicator for the output and link variables.

Benchmarking with a Dynamic DEA Model

Benchmarking with a Dynamic DEA Model PDF Author: Ram Pratap Sinha
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
There was a paradigm shift in the competition scenario of the Indian commercial banking sector as a consequence of the initiation of banking sector reforms and opening up of the banking sector to the foreign participants in a gradual fashion. The present paper benchmarks the performance of public sector, private sector and foreign banks operating in India for the period 2006-07 to 2010-11 through a 'Dynamic Slacks-Based DEA Model'. The study also computes factor efficiency indicator for the output and link variables.

Health Care Benchmarking and Performance Evaluation

Health Care Benchmarking and Performance Evaluation PDF Author: Yasar A. Ozcan
Publisher: Springer
ISBN: 1489974725
Category : Business & Economics
Languages : en
Pages : 346

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Book Description
This new edition continues to emphasize the use of data envelopment analysis (DEA) to create optimization-based benchmarks within hospitals, physician group practices, health maintenance organizations, nursing homes and other health care delivery organizations. Suitable for graduate students learning DEA applications in health care as well as for practicing administrators, it is divided into two sections covering methods and applications. Section I considers efficiency evaluations using DEA; returns to scale; weight restricted (multiplier) models; non-oriented or slack-based models, including in this edition two versions of non-controllable variable models and categorical variable models; longitudinal (panel) evaluations and the effectiveness dimension of performance evaluation. A new chapter then looks at new and advanced models of DEA, including super-efficiency, congestion DEA, network DEA, and dynamic network models. Mathematical formulations of various DEA models are placed in end-of-chapter appendices. Section II then looks at health care applications within particular settings, chapter-by-chapter, including hospitals, physician practices, nursing homes and health maintenance organizations (HMOs). Other chapters then explore home health care and home health agencies; dialysis centers, community mental health centers, community-based your services, organ procurement organizations, aging agencies and dental providers; DEA models to evaluate provider performance for specific treatments, including stroke, mechanical ventilation and perioperative services. A new chapter then examines international-country-based applications of DEA in health care in 16 different countries, along with OECD and multi-country studies. Most of the existing chapters in this section were expanded with recent applications. Included with the book is online access to a learning version of DEA Solver software, written by Professor Kaoru Tone, which can solve up to 50 DMUs for various DEA models listed in the User’s Guide at the end of the book.

Quantitative Models for Performance Evaluation and Benchmarking

Quantitative Models for Performance Evaluation and Benchmarking PDF Author: Joe Zhu
Publisher: Springer Science & Business Media
ISBN: 1475742460
Category : Business & Economics
Languages : en
Pages : 313

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Book Description
Managers are often under great pressure to improve the performance of their organizations. To improve performance, one needs to constantly evaluate operations or processes related to producing products, providing services, and marketing and selling products. Performance evaluation and benchmarking are a widely used method to identify and adopt best practices as a means to improve performance and increase productivity, and are particularly valuable when no objective or engineered standard is available to define efficient and effective performance. For this reason, benchmarking is often used in managing service operations, because service standards (benchmarks) are more difficult to define than manufacturing standards. Benchmarks can be established but they are somewhat limited as they work with single measurements one at a time. It is difficult to evaluate an organization's performance when there are multiple inputs and outputs to the system. The difficulties are further enhanced when the relationships between the inputs and the outputs are complex and involve unknown tradeoffs. It is critical to show benchmarks where multiple measurements exist. The current book introduces the methodology of data envelopment analysis (DEA) and its uses in performance evaluation and benchmarking under the context of mUltiple performance measures.

A Tutorial on Using Dynamic Network DEA to Benchmark Organizational Performance

A Tutorial on Using Dynamic Network DEA to Benchmark Organizational Performance PDF Author: Necmi K. Avkiran
Publisher:
ISBN:
Category :
Languages : en
Pages : 30

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Book Description
In investigating organizational performance or efficiency, two perennial problems confront us, namely, loss of information in aggregated data, and determining the influence of lower level variables when they are not explicitly identified in a performance model. It can be quite complicated to quantify various interactions using parametric methods that make distributional assumptions. An additional complication is how to capture the effect of undesirable outputs on organizational performance across time. The primary purpose of this tutorial is to illustrate step-by-step how non-parametric, dynamic network data envelopment analysis (DN-DEA) can be used to overcome the above problems and provide a refined estimate of relative efficiency. The tutorial begins with a discussion of the rationale for studying relative efficiency and a non-technical introduction to standard DEA. It then continues to illustrate how interactions across time among various inputs used in providing different levels of outputs can be captured and main potential improvements identified. DN-DEA enables an analysis where lower level variables in an organization are accounted for by disaggregating data, while simultaneously maintaining the focus on performance of the organization as well as its main divisions. Efficiency analysis of divisions across time can be an integral part of organizational learning and a source of competitive advantage.

Data Envelopment Analysis: Balanced Benchmarking

Data Envelopment Analysis: Balanced Benchmarking PDF Author: Wade D. Cook
Publisher:
ISBN: 9781492974796
Category : Data envelopment analysis
Languages : en
Pages : 308

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Book Description
The current book introduces the methodology of data envelopment analysis (DEA). DEA uses mathematical programming techniques and models to evaluate the performance of peer units (e.g., bank branches, hospitals and schools) in terms of multiple performance measures or metrics. These multiple performance measures are classified or coined as DEA inputs and DEA outputs. Although DEA has a strong link to production theory in economics, the tool is also used for benchmarking in operations management, where a set of measures is selected to benchmark the performance of manufacturing and service operations. In the circumstance of benchmarking, the efficient DMUs, as defined by DEA, may not necessarily form a "production frontier", but rather lead to a "best-practice frontier". DEA's empirical orientation and absence of a priori assumptions have resulted in its use in a number of studies involving efficient or best-practice frontier estimation in the nonprofit, regulated, and private sectors. DEA applications involve a wide range of contexts, such as education, health care, banking, armed forces, auditing, market research, retail outlets, organization effectiveness, transportation, public housing, and manufacturing. DEA is a balanced benchmarking tool that will help organizations to examine their assumptions about their productivity and performance. The book provides students, researchers, and practitioners with a solid understanding of the methodology, its uses and potentials in business analytics.

Research Methodology on Data Envelopment Analysis (DEA)

Research Methodology on Data Envelopment Analysis (DEA) PDF Author: Jibendu Kumar Mantri
Publisher: Universal-Publishers
ISBN: 1599429500
Category : Business & Economics
Languages : en
Pages : 379

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Book Description
Data Envelopment Analysis (DEA) represents a milestone in the progression of a continuously advancing methodology for data analysis, which finds extensive use in industry, society and even in education. This book is a handy encyclopedia for researchers, students and practitioners looking for the latest and most comprehensive references in DEA. J.K. Mantri has specifically selected 22 research papers where DEA is applied in different fields so that the techniques discussed in this book can be used for various applications. In A Bibliography of Data Envelopment Analysis (1978-2001), Gabriel Tavares states that DEA is a mathematical programme for measuring performance efficiency of organizations popularly named as decision-making units (DMU). The DMU can be of any kind such as manufacturing units, a number of schools, banks, hospitals, police stations, firms, etc. DEA measures the performance efficiency of these kinds of DMUs, which share a common characteristic: they have a non-profit organization where measurement is difficult. DEA assumes the performance of the DMU using the concepts of efficiency and productivity, which are measured as the ratio of total outputs to total inputs. The efficiencies estimated are relative to the best performing DMU, which is given a score of 100%. The performance of other DMUs varies between 0% and 100%.

Quantitative Models for Performance Evaluation and Benchmarking

Quantitative Models for Performance Evaluation and Benchmarking PDF Author: Joe Zhu
Publisher:
ISBN: 9781402070822
Category : Benchmarking (Management)
Languages : en
Pages : 297

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Book Description


Advances in DEA Theory and Applications

Advances in DEA Theory and Applications PDF Author: Kaoru Tone
Publisher: John Wiley & Sons
ISBN: 1118946707
Category : Mathematics
Languages : en
Pages : 579

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Book Description
A key resource and framework for assessing the performance of competing entities, including forecasting models Advances in DEA Theory and Applications provides a much-needed framework for assessing the performance of competing entities with special emphasis on forecasting models. It helps readers to determine the most appropriate methodology in order to make the most accurate decisions for implementation. Written by a noted expert in the field, this text provides a review of the latest advances in DEA theory and applications to the field of forecasting. Designed for use by anyone involved in research in the field of forecasting or in another application area where forecasting drives decision making, this text can be applied to a wide range of contexts, including education, health care, banking, armed forces, auditing, market research, retail outlets, organizational effectiveness, transportation, public housing, and manufacturing. This vital resource: Explores the latest developments in DEA frameworks for the performance evaluation of entities such as public or private organizational branches or departments, economic sectors, technologies, and stocks Presents a novel area of application for DEA; namely, the performance evaluation of forecasting models Promotes the use of DEA to assess the performance of forecasting models in a wide area of applications Provides rich, detailed examples and case studies Advances in DEA Theory and Applications includes information on a balanced benchmarking tool that is designed to help organizations examine their assumptions about their productivity and performance.

Benchmarking with DEA, SFA, and R

Benchmarking with DEA, SFA, and R PDF Author: Peter Bogetoft
Publisher: Springer Science & Business Media
ISBN: 1441979611
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
This book covers recent advances in efficiency evaluations, most notably Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) methods. It introduces the underlying theories, shows how to make the relevant calculations and discusses applications. The aim is to make the reader aware of the pros and cons of the different methods and to show how to use these methods in both standard and non-standard cases. Several software packages have been developed to solve some of the most common DEA and SFA models. This book relies on R, a free, open source software environment for statistical computing and graphics. This enables the reader to solve not only standard problems, but also many other problem variants. Using R, one can focus on understanding the context and developing a good model. One is not restricted to predefined model variants and to a one-size-fits-all approach. To facilitate the use of R, the authors have developed an R package called Benchmarking, which implements the main methods within both DEA and SFA. The book uses mathematical formulations of models and assumptions, but it de-emphasizes the formal proofs - in part by placing them in appendices -- or by referring to the original sources. Moreover, the book emphasizes the usage of the theories and the interpretations of the mathematical formulations. It includes a series of small examples, graphical illustrations, simple extensions and questions to think about. Also, it combines the formal models with less formal economic and organizational thinking. Last but not least it discusses some larger applications with significant practical impacts, including the design of benchmarking-based regulations of energy companies in different European countries, and the development of merger control programs for competition authorities.

Data-Enabled Analytics

Data-Enabled Analytics PDF Author: Joe Zhu
Publisher: Springer Nature
ISBN: 3030751627
Category : Business & Economics
Languages : en
Pages : 370

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Book Description
This book explores the novel uses and potentials of Data Envelopment Analysis (DEA) under big data. These areas are of widespread interest to researchers and practitioners alike. Considering the vast literature on DEA, one could say that DEA has been and continues to be, a widely used technique both in performance and productivity measurement, having covered a plethora of challenges and debates within the modelling framework.