A comprehensive common weights data envelopment analysis model: Ideal and anti-ideal virtual decision making units approach

Authors

  • Kaveh Khalili-Damghani Department of Industrial Engineering, Faculty of Industrial Engineering, South-Tehran Branch, Islamic Azad University, Tehran, Iran
  • Moslem Fadaei Department of Industrial Engineering, Faculty of Industrial Engineering, South-Tehran Branch, Islamic Azad University, Tehran, Iran
Abstract:

Data envelopment analysis (DEA) calculates the relative efficiency of homogenous decision-making units (DMUs) with multiple inputs and outputs. Classic DEA models usually suffer from several issues such as: discrimination power, variable weights of inputs/outputs, inaccurate efficiency estimation for small number of DMUs, incapability in working with zero and negative data, and not having exterior target. Ranking methods in DEA have been proposed to resolve such issues.In this paperan approach is proposed to overcome all of theseissues, concurrently. This approach has five main properties: 1) using common weight methodology to reduce the chance of inefficient DMUs to be evaluated as efficient; 2) defining virtual ideal and anti-ideal DMUs in a unique modelconcurrently to improve the discrimination power and to make exterior target based on observed DMUs; 3) providing full ranking for even production possibility sets (PPS) with low number of DMUs; 4) handling forzero and non-positive data; 5) Ranking all DMUs in a single run which reduces the computational efforts effectively. The properties of the model of this study including convexity, feasibility, and optimality are discussed through several theorems.The validity of the model is illustrated through solving five benchmark numerical examples adopted from the literature of past works.The results of the model are compared with those of existing methods. The results illustrate theefficacy and comparability of proposed approach among the existing methods.

Upgrade to premium to download articles

Sign up to access the full text

Already have an account?login

similar resources

Ideal and anti-ideal decision making units: A fuzzy DEA approach

In this paper, by introducing two virtual decision-making units (DMUs) called ideal DMU (IDMU) and anti-ideal DMU (ADMU) with fuzzy inputs-outputs, the efficiency evaluation of DMUs are done by fuzzy data envelopment analysis (FDEA). Therefore, we evaluate DMUs from the perspective of the best and worst possible relative efficiency. For each DMU two efficiencies are calculated while inputs and ...

full text

Ranking of units by anti-ideal DMU with common weights

Data envelopment analysis (DEA) is a powerful technique for performance evaluation of decision making units (DMUs). One of the main objectives that is followed in performance evaluation is discriminating among efficient DMUs to provide a complete ranking of DMUs. DEA successfully divides them into two categories: efficient DMUs and inefficient DMUs. The DMUs in the efficient category have ident...

full text

Ranking Decision Making Units with the ideal and anti-ideal points

This paper introduces two virtual Decision Making Units (DMUs) called ideal point and anti-ideal point, Then calculates distances of each DMU to the ideal and anti-ideal point. The two distinctive distances are combined to form a comprehensive index called the relative closeness (RC) just like the TOPSIS approach. The RC index is used as an overall ranking for all the DMUs. Then, this method co...

full text

ideal and anti-ideal decision making units: a fuzzy dea approach

in this paper, by introducing two virtual decision-making units (dmus) called ideal dmu (idmu) and anti-ideal dmu (admu) with fuzzy inputs-outputs, the efficiency evaluation of dmus are done by fuzzy data envelopment analysis (fdea). therefore, we evaluate dmus from the perspective of the best and worst possible relative efficiency. for each dmu two efficiencies are calculated while inputs and ...

full text

Common weights for the evaluation of decision-making units with nonlinear virtual inputs and outputs

In this paper, by investigating the common weights concept and DEA models with nonlinear virtual inputs/outputs, we introduce a model for evaluating the decision making units with nonlinear virtual inputs and outputs based on the common weights.

full text

Benchmark Forecasting in Data Envelopment Analysis for Decision Making Units

Although DEA is a powerful method in evaluating DMUs, it does have some limitations. One of the limitations of this method is the result of the evaluation is based on previously data and the results are not proper for forecasting the future changes. So For this purpose, we design feedback loops for forecasting inputs and outputs through system dynamics and simulation. Then we use DEA model to f...

full text

My Resources

Save resource for easier access later

Save to my library Already added to my library

{@ msg_add @}


Journal title

volume 11  issue 3

pages  0- 0

publication date 2018-07-01

By following a journal you will be notified via email when a new issue of this journal is published.

Hosted on Doprax cloud platform doprax.com

copyright © 2015-2023