DEA with a Perfect Object: Analytical Solutions

Alexander Vaninsky

Abstract


For the main DEA models, adding a Perfect Object --- that is, a virtual object that has the smallest inputs and greatest outputs --- to a collection of actual objects permits obtaining solutions analytically. The paper derives formulas for the solutions and demonstrates that computations with them comprise simple operations with ratios of inputs and outputs while avoiding the use of linear programming (LP) algorithms. A numerical example illustrates the utility of the approach.

Keywords


Data Envelopment Analysis; Analytical solutions; Perfect DEA Object

Full Text:

PDF


DOI: http://dx.doi.org/10.26713%2Fcma.v2i1.127

Refbacks

  • There are currently no refbacks.


eISSN 0975-8607; pISSN 0976-5905