Author/Authors :
Shahriari, M. R Department of Industrial Management - Islamic Azad University South Tehran Branch, Tehran, Iran
Abstract :
Considering the important role of the construction industry in the form of one of the
expandable industries for economic growth, increasing GDP and job creation, as well as the
great relationship between construction and its required tools, such as machinery, materials
Construction, tools, etc., scientific study of each of these sectors, provides the possibility of
better development in the construction industry, the results of which can suggest solutions to
boost national production. Since cement as an underlying commodity is a widely used material
in construction and concreting, and investing in cement companies can play an important role
in improving their process, so in this The paper examines the efficiency of symbols of cement
companies in the Tehran Stock Exchange using data envelopment analysis. Due to the fact
that some of the indicators extracted from the stock market are usually integers, in this study,
a data envelopment analysis model in mixed integer programming class (MILP) has been
used, which is capable of processing continuous data. and has the integer together. The results
presented in this article can be effective on managers' decisions to increase capital or on how
to invest in cement companies.
Keywords :
Data Envelopment Analysis , Cement , Capital Market , Performance Evaluation