A new approach for performance evaluation of energy-related enterprises
Authors
Abstract:
Oil is among the most effective and the largest industries in the world. Given that it supplies a large percentage of the world’s energy and plays a significant role in the national power and international credit of countries, it has a huge impact on our world today. Iran has huge oil reserves, and plays a key role in the exchange of the required energy in the world. In order to improve the performance of this critical industry, it is necessary to evaluate the performance of petroleum producing companies. The main purpose of this paper is to present the first three-stage data envelopment analysis-based approach, integrated with a balanced scorecard for performance evaluation of oil companies. Regarding the cause and effect relationships among different aspects of the balanced scorecard, its indicators are employed as input and output variables of the data envelopment analysis model and the efficiency is calculated. The results indicated that among the oil companies investigated in this paper, the National Iranian South Oil Company and Aravindan Oil & Gas Company recorded the highest and lowest efficiencies, respectively. The proposed approach by authors provides a valuable tool for managers in the oil industry to evaluate the performance and take action for performance improvement.
similar resources
A NEW APPROACH FOR EVALUATION OF SEISMIC SLOPE PERFORMANCE
The evaluation of seismic slope performance during earthquakes is important, because the failure of slope (such as an earth dam, natural slope, or constructed earth embankment) can result in significant financial losses and human. It is important, therefore, to be able to forecast such displacements induced by earthquake. However, the traditional forecasting methods, such as empirical formulae,...
full texta new approach to credibility premium for zero-inflated poisson models for panel data
هدف اصلی از این تحقیق به دست آوردن و مقایسه حق بیمه باورمندی در مدل های شمارشی گزارش نشده برای داده های طولی می باشد. در این تحقیق حق بیمه های پبش گویی بر اساس توابع ضرر مربع خطا و نمایی محاسبه شده و با هم مقایسه می شود. تمایل به گرفتن پاداش و جایزه یکی از دلایل مهم برای گزارش ندادن تصادفات می باشد و افراد برای استفاده از تخفیف اغلب از گزارش تصادفات با هزینه پائین خودداری می کنند، در این تحقیق ...
15 صفحه اولA New Algorithm for Performance Evaluation of Homogeneous Architectural Styles
Software architecture is considered one of the most important indices of software engineering today. Software Architecture is a technical description of a system indicating its component structures and their relationships, and is the principles and rules governing designing. The success of the software depends on whether the system can satisfy the quality attributes. One of the most critical as...
full textA New Algorithm for Performance Evaluation of Homogeneous Architectural Styles
Software architecture is considered one of the most important indices of software engineering today. Software Architecture is a technical description of a system indicating its component structures and their relationships, and is the principles and rules governing designing. The success of the software depends on whether the system can satisfy the quality attributes. One of the most critical as...
full textA New Goal programming approach for cross efficiency evaluation
Cross efficiency evaluation was developed as an extension of DEA. But the traditional DEA models usually have alternative optimal solutions and, as a result, cross efficiency scores may not be unique. It is recommended that without changing the DEA efficiency scores, the secondary goal should be introduced for optimization of the inputs/outputs weights. Several reports evaluated the perfo...
full textMy Resources
Journal title
volume 6 issue 1
pages 16- 26
publication date 2018-03-01
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