A Hybrid Measure of Efficiency in Performance Measurement : An Application to Concrete Industries
In the present competitive age, the organization tries to gain competitive edge. In order to gain competitive edge, the managers need to consider and analyze performance of their organizations and to decide to improve them. There are various approaches to evaluate the performance in which the criterion of efficiency of understudy units is being placed in efficiency frontier: Data envelopment analysis is one of these approaches and designed in two radial and non-radial categories. Both of these models have advantages and shortcomings. So applications of these models in performance measurement are difficult. In this article, the Hybrid model is presented as the more accurate and more comprehensive measure of evaluation, and effort have been made to present more realistic results for decision making. Then the method is applied to measure the efficiency of 24 Concrete parts producer industries and shows their results. Key Words: Radial models, Non-Radial models, Data Envelopment Analysis Hybrid Model.
Keywords:
-,
___
- [1] Morita, H., Hirokawa, K., Zhu, J., “A slackbased measure of efficiency in contextdependent data envelopment analysis", Omega, 33(1): 357–362 (2005).
- [2] Chena, Y., Sherman, H., David, “The benefits of non-radial vs. radial super-efficiency DEA”, Socio-Economic Planning Sciences, 38(8,9): 307–320 (2004).
- [3] Talluri, S., Sarkis, J., “Data Envelopment Analysis: Models and Extension”, Production/Operations Management Silberman College of Business Administration, Fairleigh Dickinson University, 4(1): 8-11(2000).
- [4] Fare, R., Grosskopf, S., Lovell CAK., “Production frontiers”, Cambridge: Cambridge University Press, 4 (1994).
- [5] Tone, K., “A slacks-based measure of efficiency in data envelopment analysis”, European Journal of Operational Research, 130(3,5): 498-509 (2001).
- [6] Avkiran, N.,. Tone, K., Tsutsui, M.,. “Bridging Radial and Non-Radial Measures of Efficiency In Dea”, GRIPS Policy Information Center, 1- 17(2,4) (2006).
- [7] Cooper, .W.W., Seiford L.M., Tone, K., “Data Envelopment Analysis”, 2nd ed., Springer Science, New York, (2007).
- [8] Charnes, A., Cooper, W.W., Rhodes, E., “Measuring the efficiency of decision making units”, European Journal of Operational Research, 2(4,5): 429-444 (1978).
- [9] Banker, R.D., Charnes, A., Cooper, W.W., “Some models for estimating technical and scale inefficiencies in data envelopment analysis”, Management Science, 30(9): 1078- 1092 (1984).
- [10] Jahanshahloo, G.R., Memariani, A., Hosseinzadeh Lotfi, F., Rezai, H.Z., “A note on some of DEA models and finding efficiency and complete ranking using common set of weights”, Mathematics and Computation, 166(3): 265–281 (2005).
- Yayın Aralığı: Yılda 4 Sayı
- Başlangıç: 1988
- Yayıncı: Gazi Üniversitesi, Fen Bilimleri Enstitüsü