Download or read book Quantitative Models for Performance Evaluation and Benchmarking written by Joe Zhu and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managers are often under great pressure to improve the performance of their organizations. To improve performance, one needs to constantly evaluate operations or processes related to producing products, providing services, and marketing and selling products. Performance evaluation and benchmarking are a widely used method to identify and adopt best practices as a means to improve performance and increase productivity, and are particularly valuable when no objective or engineered standard is available to define efficient and effective performance. For this reason, benchmarking is often used in managing service operations, because service standards (benchmarks) are more difficult to define than manufacturing standards. Benchmarks can be established but they are somewhat limited as they work with single measurements one at a time. It is difficult to evaluate an organization's performance when there are multiple inputs and outputs to the system. The difficulties are further enhanced when the relationships between the inputs and the outputs are complex and involve unknown tradeoffs. It is critical to show benchmarks where multiple measurements exist. The current book introduces the methodology of data envelopment analysis (DEA) and its uses in performance evaluation and benchmarking under the context of mUltiple performance measures.
Download or read book Quantitative Models for Performance Evaluation and Benchmarking written by Joe Zhu and published by Springer. This book was released on 2014-09-11 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author is one of the prominent researchers in the field of Data Envelopment Analysis (DEA), a powerful data analysis tool that can be used in performance evaluation and benchmarking. This book is based upon the author’s years of research and teaching experiences. It is difficult to evaluate an organization’s performance when multiple performance metrics are present. The difficulties are further enhanced when the relationships among the performance metrics are complex and involve unknown tradeoffs. This book introduces Data Envelopment Analysis (DEA) as a multiple-measure performance evaluation and benchmarking tool. The focus of performance evaluation and benchmarking is shifted from characterizing performance in terms of single measures to evaluating performance as a multidimensional systems perspective. Conventional and new DEA approaches are presented and discussed using Excel spreadsheets — one of the most effective ways to analyze and evaluate decision alternatives. The user can easily develop and customize new DEA models based upon these spreadsheets. DEA models and approaches are presented to deal with performance evaluation problems in a variety of contexts. For example, a context-dependent DEA measures the relative attractiveness of similar operations/processes/products. Sensitivity analysis techniques can be easily applied, and used to identify critical performance measures. Two-stage network efficiency models can be utilized to study performance of supply chain. DEA benchmarking models extend DEA’s ability in performance evaluation. Various cross efficiency approaches are presented to provide peer evaluation scores. This book also provides an easy-to-use DEA software — DEAFrontier. This DEAFrontier is an Add-In for Microsoft® Excel and provides a custom menu of DEA approaches. This version of DEAFrontier is for use with Excel 97-2013 under Windows and can solve up to 50 DMUs, subject to the capacity of Excel Solver. It is an extremely powerful tool that can assist decision-makers in benchmarking and analyzing complex operational performance issues in manufacturing organizations as well as evaluating processes in banking, retail, franchising, health care, public services and many other industries.
Download or read book Quantitative Models for Performance Evaluation and Benchmarking written by Joe Zhu and published by Springer Science & Business Media. This book was released on 2008-10-20 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managers are often under great pressure to improve the performance of their organizations. To improve performance, one needs to constantly evaluate operations or processes related to producing products, providing services, and marketing and selling products. Performance evaluation and benchmarking are a widely used method to identify and adopt best practices as a means to improve performance and increase productivity, and are particularly valuable when no objective or engineered standard is available to define efficient and effective performance. For this reason, benchmarking is often used in managing service operations, because service standards (benchmarks) are more difficult to define than manufacturing standards. Benchmarks can be established but they are somewhat limited as they work with single measurements one at a time. It is difficult to evaluate an organization’s performance when there are multiple inputs and outputs to the system. The difficulties are further enhanced when the relationships between the inputs and the outputs are complex and involve unknown tradeoffs. It is critical to show benchmarks where multiple measurements exist. The current book introduces the methodology of data envelopment analysis (DEA) and its uses in performance evaluation and benchmarking under the context of multiple performance measures.
Download or read book Multi Objective Programming and Goal Programming written by Tetsuzo Tanino and published by Springer Science & Business Media. This book was released on 2003-04-14 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume constitutes the proceedings of the Fifth International Conference on Multi-Objective Programming and Goal programming held in Nara Japan 2002. The book is dedicated to multi-objective methods in decision making. One half of the book is devoted to theoretical aspects, covering a broad range of multi-objective methods such as multiple linear programming, fuzzy goal programming, data envelopment analysis, game theory, and dynamic programming. Readers interested in practical applications, will find in the remaining parts a variety of approaches applied in numerous fields including production planning, logistics, marketing, and finance.
Download or read book Data Envelopment Analysis DEA Methods for Maximizing Efficiency written by Ajibesin, Adeyemi Abel and published by IGI Global. This book was released on 2024-01-16 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's highly competitive and rapidly evolving global landscape, the quest for efficiency has become a crucial factor in determining the success of organizations across various industries. Data Envelopment Analysis (DEA) Methods for Maximizing Efficiency is a comprehensive guide that delves into the powerful mathematical tool of DEA, is designed to assess the relative efficiency of decision-making units (DMUs), and provides valuable insights for performance improvement. This book presents a systematic overview of DEA models and techniques, from fundamental concepts to advanced methods, showcasing their practical applications through real-world examples and case studies. Catering to a broad audience, this book is designed for students, researchers, consultants, decision-makers, and enthusiasts in the field of efficiency analysis and performance measurement. Consultants and practitioners will gain practical insights for applying DEA in various contexts, and decision-makers will be equipped to make informed decisions for maximizing efficiency. Additionally, individuals with a general interest in data analysis and performance measurement will find this book accessible and informative. This book covers a wide range of topics, including mathematical foundations of DEA, DEA models and variations, DEA efficiency and productivity measures, DEA applications in various industries such as healthcare, finance, supply chain management, environmental management, education management, and public sector management.
Download or read book Modeling Performance Measurement written by Wade D. Cook and published by Springer Science & Business Media. This book was released on 2006-06-03 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume addresses advanced DEA methodology and techniques developed for modeling unique new performance evaluation issues. Many numerical examples, real management cases and verbal descriptions make it very valuable for researchers and practitioners.
Download or read book Advances in Pacific Basin Business Economics and Finance written by Cheng-Few Lee and published by Emerald Group Publishing. This book was released on 2024-04-04 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in Pacific Basin Business, Economics and Finance (APBBEF) is a peer-reviewed series designed to focus on interdisciplinary research in finance, economics, and management among Pacific Rim countries.
Download or read book Combat Modeling written by Alan Washburn and published by Springer Science & Business Media. This book was released on 2009-08-14 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Combat Modeling" is a systematic learning resource and reference text for the quantitative analysis of combat. After a brief overview, authors Washburn and Kress present individual chapters on shooting without feedback; shooting with feedback; target defense; attrition models; game theory and wargames; search; unmanned aerial vehicles; and terror and insurgency. Three appendices provide a review of basic probability concepts, probability distributions, and Markov models; an introduction to optimization models; and a discussion of Monte-Carlo simulations. Drawing on their many years of experience at the Naval Postgraduate School in Monterey, California, Washburn and Kress have created a reference that will provide the tools and techniques for analysts involved in the underpinnings of combat decisions. This is a book that can be used as a military manual, reference book, and textbook for military courses on this vital subject.
Download or read book Consumer Driven Demand and Operations Management Models written by Serguei Netessine and published by Springer Science & Business Media. This book was released on 2009-06-02 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book is by top scholars in supply chain management, revenue management, and e-commerce, all of which are grounded in information technologies and consumer demand research. The book looks at new selling techniques designed to reach the consumer.
Download or read book Data Envelopment Analysis in the Financial Services Industry written by Joseph C. Paradi and published by Springer. This book was released on 2017-11-21 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the methodology and applications of Data Envelopment Analysis (DEA) in measuring productivity, efficiency and effectiveness in Financial Services firms such as banks, bank branches, stock markets, pension funds, mutual funds, insurance firms, credit unions, risk tolerance, and corporate failure prediction. Financial service DEA research includes banking; insurance businesses; hedge, pension and mutual funds; and credit unions. Significant business transactions among financial service organizations such as bank mergers and acquisitions and valuation of IPOs have also been the focus of DEA research. The book looks at the range of DEA uses for financial services by presenting prior studies, examining the current capabilities reflected in the most recent research, and projecting future new uses of DEA in finance related applications.
Download or read book Data Envelopment Analysis with R written by Farhad Hosseinzadeh Lotfi and published by Springer. This book was released on 2019-07-23 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces readers to the use of R codes for optimization problems. First, it provides the necessary background to understand data envelopment analysis (DEA), with a special emphasis on fuzzy DEA. It then describes DEA models, including fuzzy DEA models, and shows how to use them to solve optimization problems with R. Further, it discusses the main advantages of R in optimization problems, and provides R codes based on real-world data sets throughout. Offering a comprehensive review of DEA and fuzzy DEA models and the corresponding R codes, this practice-oriented reference guide is intended for masters and Ph.D. students in various disciplines, as well as practitioners and researchers.
Download or read book Game Theoretic Risk Analysis of Security Threats written by Vicki M. Bier and published by Springer Science & Business Media. This book was released on 2008-10-20 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game Theoretic Risk Analysis of Security Threats introduces reliability and risk analysis in the face of threats by intelligent agents. More specifically, game-theoretic models are developed for identifying optimal and/or equilibrium defense and attack strategies in systems of varying degrees of complexity. The book covers applications to networks, including problems in both telecommunications and transportation. However, the book’s primary focus is to integrate game theory and reliability methodologies into a set of techniques to predict, detect, diminish, and stop intentional attacks at targets that vary in complexity. In this book, Bier and Azaiez highlight work by researchers who combine reliability and risk analysis with game theory methods to create a set of functional tools that can be used to offset intentional, intelligent threats (including threats of terrorism and war). These tools will help to address problems of global security and facilitate more cost-effective defensive investments.
Download or read book Proportional Optimization and Fairness written by Wieslaw Kubiak and published by Springer Science & Business Media. This book was released on 2008-11-16 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proportional Optimization and Fairness is a long-needed attempt to reconcile optimization with apportionment in just-in-time (JIT) sequences and find the common ground in solving problems ranging from sequencing mixed-model just-in-time assembly lines through just-in-time batch production, balancing workloads in event graphs to bandwidth allocation internet gateways and resource allocation in computer operating systems. The book argues that apportionment theory and optimization based on deviation functions provide natural benchmarks for a process, and then looks at the recent research and developments in the field. Individual chapters look at the theory of apportionment and just-in-time sequences; minimization of just-in-time sequence deviation; optimality of cyclic sequences and the oneness; bottleneck minimization; competition-free instances, Fraenkel’s Conjecture, and optimal admission sequences; response time variability; applications to the Liu-Layland Problem and pinwheel scheduling; temporal capacity constraints and supply chain balancing; fair queuing and stride scheduling; and smoothing and batching.
Download or read book Logic and Integer Programming written by H. Paul Williams and published by Springer Science & Business Media. This book was released on 2009-04-09 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul Williams, a leading authority on modeling in integer programming, has written a concise, readable introduction to the science and art of using modeling in logic for integer programming. Written for graduate and postgraduate students, as well as academics and practitioners, the book is divided into four chapters that all avoid the typical format of definitions, theorems and proofs and instead introduce concepts and results within the text through examples. References are given at the end of each chapter to the more mathematical papers and texts on the subject, and exercises are included to reinforce and expand on the material in the chapter. Methods of solving with both logic and IP are given and their connections are described. Applications in diverse fields are discussed, and Williams shows how IP models can be expressed as satisfiability problems and solved as such.
Download or read book Linguistic Discrimination of LGBTQ People as a Deterrent to Economic Performance written by Massimiliano Agovino and published by Springer Nature. This book was released on with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sustainability Appraisal Quantitative Methods and Mathematical Techniques for Environmental Performance Evaluation written by Marina G Erechtchoukova and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most important issues in developing sustainable management strategies and incorporating ecodesigns in production, manufacturing and operations management is the assessment of the sustainability of business operations and organizations’ overall environmental performance. The book presents the results of recent studies on sustainability assessment. It provides a solid reference for researchers in academia and industrial practitioners on the state-of-the-art in sustainability appraisal including the development and application of sustainability indices, quantitative methods, models and frameworks for the evaluation of current and future welfare outcomes, recommendations on data collection and processing for the evaluation of organizations’ environmental performance, and eco-efficiency approaches leading to business process re-engineering.
Download or read book A Hybrid BSC DEA Model with Indeterminate Information written by Mohammad Jaberi Hafshjani and published by Infinite Study. This book was released on with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategy is the main source of long-term growth for organizations, and if it is not successfully implemented, even if appropriate ones are adopted, the process is futile. The balanced scorecard which focuses on four aspects such as growth and learning, internal processes, customer, and financial is considered as a comprehensive framework for assessing performance and the progress of the strategy. Moreover, the data envelopment analysis is one of the best mathematical methods to compute the efficiency of organizations. The combination of these two techniques is a significant quantitative measurement with respect to the organization’s performance. However, in the real world, determinate and indeterminate information exists. Henceforth, the indeterminate issues are inescapable and must be considered in the performance evaluation. Neutrosophic number is a helpful tool for dealing with information that is indeterminate and incomplete.
