Title of article :
Benchmark Forecasting in Data Envelopment Analysis for Decision Making Units
Author/Authors :
Shafiee ، M. Department of Industrial Management - Islamic Azad University, Shiraz Branch , Hosseinzade Lotfi ، F. Department of Mathematics - Islamic Azad University, Science and Research Branch , Saleh ، H. Department of Mathematics - Islamic Azad University, Central Tehran Branch
From page :
29
To page :
42
Abstract :
The purpose of this paper is to develop a benchmark model for efficiency evaluation in future. With forecasting the efficiency of organizations, managers could plan and determine that strategy. One of the most important methods for evaluating decision making units (DMUs) is DEA. Although DEA is a powerful method in evaluating DMUs, it does have some limitations. One of the most important limitations of this method is the result of the evaluation is that the efficiency calculated was based on previously existing data and the results are not proper for forecasting the future changes regarding inputs and outputs required for the units to be considered as efficient. The aim of this paper is to propose a model to enlighten and forecast how inputs and outputs alter through system dynamics and simulation. For this purpose, we design feedback loops for forecasting inputs and outputs. Then we use CCR model to forecast the efficiency.
Keywords :
Bank efficiency , Performance evaluation , Data envelopment analysis (DEA) , System Dynamics , Simulation , Efficiency forecasting , ‎Benchmark
Journal title :
International Journal of Industrial Mathematics(IJIM)
Journal title :
International Journal of Industrial Mathematics(IJIM)
Record number :
2607473
Link To Document :
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