The producer is usually referred to as a decision making unit or DMU.Ī fundamental assumption behind this method is that if a given producer, A, is capable of producing X units of output with Y inputs, then other producers should also be able to do the same if they were to operate efficiently. In comparison, DEA uses an extreme point method and compares each producer with only the "best" producers. A typical statistical approach uses a central tendency approach which evaluates producers relative to an average producer. These can be business units such as points of sales, branches, franchisees, departments, and public agencies.ĭata Envelope Analysis is commonly used to evaluate the efficiency of a number of producers. Data Envelope Analysis (DEA) for Excel is a sophisticated analysis add-in that produces extensive results for the main DEA models used today and automatically creates Excel charts.ĭata Envelopment Analysis is a powerful method widely used in the evaluation of performance of Decision Making Units (DMUs).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |