36 research outputs found

    New data envelopment analysis models for assessing sustainability Part 2: A static data envelopment analysis approach

    Get PDF
    Sustainability implies business resilience over time through robust economic, social and environmental systems. Sustainable business practices lead to the creation of economic value, healthy ecosystems and strong communities. Sustainable business practices are fostered through engagement with stakeholders, effective environmental management systems and good governance, all underpinned by effective measurement and evaluation (Shabanpour, Yousefi, & Farzipoor Saen, 2017). Data envelopment analysis (DEA) is a technique, which helps decision makers to assess the efficiency of decision making units (DMUs) (Ahmady, Azadi, Sadeghi, & Farzipoor Saen, 2013; Charnes, Cooper, & Rhodes, 1978). Recently, new DEA models have been developed to assess sustainability issues. However, DEA research into sustainability is sparse and there is a need for greater focus on this important topic. In this special issue, ground‐breaking research into new DEA models to assess sustainability of DMUs is presented. Such research will assist decision makers to manage organizations with a focus on sustainability. The special issue also provides an opportunity for practitioners to develop and increase understanding of DEA models in sustainability evaluation. For maximum utility, authors should not only develop new DEA models but also show efficacy of real‐world applications. The responses to the call for new DEA models and applications are presented in the following five accepted articles published in Part 2 of this special edition. In the next section, we summarize the main contributions of these articles

    Modelling generalized firms' restructuring using inverse DEA

    Get PDF
    The key consideration for firms’ restructuring is improving their operational efficiencies. Market conditions often offer opportunities or generate threats that can be handled by restructuring scenarios through consolidation, to create synergy, or through split, to create reverse synergy. A generalized restructuring refers to a move in a business market where a homogeneous set of firms, a set of pre-restructuring decision making units (DMUs), proceed with a restructuring to produce a new set of post-restructuring entities in the same market to realize efficiency targets. This paper aims to develop a novel inverse Data Envelopment Analysis based methodology, called GInvDEA (Generalized Inverse DEA), for modeling the generalized restructuring. Moreover, the paper suggests a linear programming model that allows determining the lowest performance levels, measured by efficiency that can be achieved through a given generalized restructuring. An application in banking operations illustrates the theory developed in the paper

    Eco-efficiency measurement and material balance principle:an application in power plants Malmquist Luenberger Index

    Get PDF
    Incorporating Material Balance Principle (MBP) in industrial and agricultural performance measurement systems with pollutant factors has been on the rise in recent years. Many conventional methods of performance measurement have proven incompatible with the material flow conditions. This study will address the issue of eco-efficiency measurement adjusted for pollution, taking into account materials flow conditions and the MBP requirements, in order to provide ‘real’ measures of performance that can serve as guides when making policies. We develop a new approach by integrating slacks-based measure to enhance the Malmquist Luenberger Index by a material balance condition that reflects the conservation of matter. This model is compared with a similar model, which incorporates MBP using the trade-off approach to measure productivity and eco-efficiency trends of power plants. Results reveal similar findings for both models substantiating robustness and applicability of the proposed model in this paper

    An improvement to multiple criteria ABC inventory classification

    No full text
    In this paper we presented an extended version of the Ng-modelg [W.L. Ng, A simple classifier for multiple criteria ABC analysis, European Journal of Operational Research 177 (2007) 344-353] for multi-criteria inventory classification. The proposed model is a nonlinear programming model which determines a common set of weights for all the items. Our model not only incorporates multiple criteria for ABC classification, but also maintains the effects of weights in the final solution, an improvement over the model proposed by Ng. An illustrative example is presented to compare our model and the Ng-model.ABC inventory classification Multiple criteria analysis

    Ranking the Alternatives With a Modified TOPSIS Method in Multiple Attribute Decision Making Problems

    No full text

    An inverse optimization model for imprecise data envelopment analysis

    No full text
    Inverse data envelopment analysis (InDEA) is a well-known approach for short-term forecasting of a given decision-making unit (DMU). The conventional InDEA models use the production possibility set (PPS) that is composed of an evaluated DMU with current inputs and outputs. In this paper, we replace the fluctuated DMU with a modified DMU involving renewal inputs and outputs in the PPS since the DMU with current data cannot be allowed to establish the new PPS. Besides, the classical DEA models such as InDEA are assumed to consider perfect knowledge of the input and output values but in numerous situations, this assumption may not be realistic. The observed values of the data in these situations can sometimes be defined as interval numbers instead of crisp numbers. Here, we extend the InDEA model to interval data for evaluating the relative efficiency of DMUs. The proposed models determine the lower and upper bounds of the inputs of a given DMU separately when its interval outputs are changed in the performance analysis process. We aim to remain the current interval efficiency of a considered DMU and the interval efficiencies of the remaining DMUs fixed or even improve compared with the current interval efficiencies
    corecore