Performance Benchmarking in Public Transport Sector. The Data Envelopment Analysis (DEA) method PDF Download
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Author: Andreas Davidek
Publisher: GRIN Verlag
ISBN: 3668583188
Category : Business & Economics
Languages : en
Pages : 27
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Book Description
Seminar paper from the year 2015 in the subject Business economics - Controlling, grade: 1,3, , course: Performance Benchmarking and Operations Research, language: English, abstract: The non-parametric approach is a common method for measuring the relative efficiency in the area of performance benchmarking and operations research. This approach does not require the a priori specification of a function. The estimation of the frontier of the production set only requires that the production set satisfies some properties, such as input and output factors. The Data Envelopment Analysis (DEA) method is a non-parametric approach that uses mathematical programming to esti-mate production frontiers and calculus efficiency scores. The above technical explanation is necessary, as the present seminar paper deals with the application of the DEA approach in the field of the public transport. The objective of this paper is to review the state of the art in performance benchmarking in terms of different DEA-based framework and criteria to measure efficiency in the environments of public transport. To contribute to this goal, the ambition is to provide a systematic analysis of the performance criteria of the DEA models. Consequently, the main focus of this paper is to examine and classify the performance criteria.
Author: Andreas Davidek
Publisher: GRIN Verlag
ISBN: 3668583188
Category : Business & Economics
Languages : en
Pages : 27
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Book Description
Seminar paper from the year 2015 in the subject Business economics - Controlling, grade: 1,3, , course: Performance Benchmarking and Operations Research, language: English, abstract: The non-parametric approach is a common method for measuring the relative efficiency in the area of performance benchmarking and operations research. This approach does not require the a priori specification of a function. The estimation of the frontier of the production set only requires that the production set satisfies some properties, such as input and output factors. The Data Envelopment Analysis (DEA) method is a non-parametric approach that uses mathematical programming to esti-mate production frontiers and calculus efficiency scores. The above technical explanation is necessary, as the present seminar paper deals with the application of the DEA approach in the field of the public transport. The objective of this paper is to review the state of the art in performance benchmarking in terms of different DEA-based framework and criteria to measure efficiency in the environments of public transport. To contribute to this goal, the ambition is to provide a systematic analysis of the performance criteria of the DEA models. Consequently, the main focus of this paper is to examine and classify the performance criteria.
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.
Author: Manoranjan Parida
Publisher: Springer Nature
ISBN: 9811699259
Category : Technology & Engineering
Languages : en
Pages : 361
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Book Description
This book (in three volumes) comprises the proceedings of the Fifth Conference of Transportation Research Group of India (CTRG2019) focusing on emerging opportunities and challenges in the field of transportation of people and freight. The contents of the volume include characterization of conventional and innovative pavement materials, operational effects of road geometry, user impact of multimodal transport projects, spatial analysis of travel patterns, socio-economic impacts of transport projects, analysis of transportation policy and planning for safety and security, technology enabled models of mobility services, etc. This book will be beneficial to researchers, educators, practitioners and policy makers alike.
Author: Vishal Jain
Publisher: CRC Press
ISBN: 100045567X
Category : Business & Economics
Languages : en
Pages : 295
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Book Description
Technology is moving at an exponential pace in this era of computational intelligence. Machine learning has emerged as one of the most promising tools used to challenge and think beyond current limitations. This handbook will provide readers with a leading edge to improving their products and processes through optimal and smarter machine learning techniques. This handbook focuses on new machine learning developments that can lead to newly developed applications. It uses a predictive and futuristic approach, which makes machine learning a promising tool for processes and sustainable solutions. It also promotes newer algorithms that are more efficient and reliable for new dimensions in discovering other applications, and then goes on to discuss the potential in making better use of machines in order to ensure optimal prediction, execution, and decision-making. Individuals looking for machine learning-based knowledge will find interest in this handbook. The readership ranges from undergraduate students of engineering and allied courses to researchers, professionals, and application designers.
Author: Nash, Chris
Publisher: Edward Elgar Publishing
ISBN: 1800374348
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
This insightful book provides readers with an in-depth discussion of the use of benchmarking in regulation in the European transport sector. It argues that benchmarking is invaluable to regulators, particularly in the transport sector where the pressures of competition in – or for – the market are often absent.
Author: Khosrow-Pour, D.B.A., Mehdi
Publisher: IGI Global
ISBN: 1522573631
Category : Business & Economics
Languages : en
Pages : 1482
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Book Description
Businesses consistently work on new projects, products, and workflows to remain competitive and successful in the modern business environment. To remain zealous, businesses must employ the most effective methods and tools in human resources, project management, and overall business plan execution as competitors work to succeed as well. Advanced Methodologies and Technologies in Business Operations and Management provides emerging research on business tools such as employee engagement, payout policies, and financial investing to promote operational success. While highlighting the challenges facing modern organizations, readers will learn how corporate social responsibility and utilizing artificial intelligence improve a company’s culture and management. This book is an ideal resource for executives and managers, researchers, accountants, and financial investors seeking current research on business operations and management.
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.
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.
Author: Kaveh Sheibani
Publisher: ORLAB Analytics
ISBN:
Category : Business & Economics
Languages : en
Pages : 123
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Book Description
These proceedings gather contributions presented at the 8th International Conference on Applied Operational Research (ICAOR 2016) in Rotterdam, The Netherlands, June 28-30, 2016, published in the series Lecture Notes in Management Science (LNMS). The conference covers all aspects of Operational Research and Management Science (OR/MS) with a particular emphasis on applications.
Author: Peter Bogetoft
Publisher: Springer Science & Business Media
ISBN: 1461460433
Category : Business & Economics
Languages : en
Pages : 270
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Book Description
"In this book, Peter Bogetoft - THE expert on the theory and practice of benchmarking - provides an in–depth yet very accessible and readable explanation of the best way to do benchmarking, starting from the ground up." Rick Antle William S. Beinecke Professor of Accounting, Yale School of Management CFO, Compensation Valuation, Inc. "I highly recommend this well-written and comprehensive book on measuring and managing performance. Dr. Bogetoft summarizes the fundamental mathematical concepts in an elegant, intuitive, and understandable way." Jon A. Chilingerian Professor, Brandeis University and INSEAD "Bogetoft gives in his book Performance Benchmarking an excellent introduction to the methodological basis of benchmarking." Christian Parbøl Director, DONG Energy "This book is the primer on benchmarking for performance management." Albert Birck Business Performance Manager, Maersk Oil "This excellent book provides a non technical introduction for performance management." Misja Mikkers, Director, Dutch Health Care Authority "With this very well written and comprehensive introduction to the many facets of benchmarking in hand, organizations have no excuse for not applying the best and cost effective benchmarking methods in their performance assessments." Stig P. Christensen Senior R&D Director, COWI
