Data Envelopment Analysis: Theory and Techniques for Economics and Operations Research

Subhash C. Ray

ISBN 10: 1107405262 / ISBN 13: 9781107405264

Published by Cambridge University Press 2012-07-19, 2012

About this Item

Seller Inventory # 6666-IUK-9781107405264

Bibliographic Details

• Title: Data Envelopment Analysis: Theory and Techniques for Economics and Operations Research
• Publisher: Cambridge University Press 2012-07-19
• Publication Date: 2012
• Language: English
• ISBN 10: 1107405262
• ISBN 13: 9781107405264
• Binding: Paperback
• Condition: New

About this title

Synopsis

This book describes the method of data envelopment analysis that uses mathematical programming techniques to obtain measures of efficiency of individual forms from their observed input and output quantities. The method permits setting up realistic input-output targets for the firm's managers. A firm is considered to be technically inefficient when it fails to yield the maximum quantity of output producible from the input bundle it uses. Measurement of technical efficiency is important for performance evaluation and provides an objective basis for differential rewards in the context of production.

Book Description

A firm is considered to be technically inefficient when it fails to yield the maximum quantity of output producible from the input bundle it uses. Measurement of technical efficiency is important for performance evaluation and provides an objective basis for differential rewards in the context of production. This book deals with the method of data envelopment analysis that uses mathematical programming techniques to obtain measures of efficiency of individual forms from their observed input and output quantities. This permits setting up realistic input-output targets for the firms' managers.