نتایج جستجو برای: efficient frontier

تعداد نتایج: 447109  

Reza Esfanjari kenari, Seyadeh Sedighe Ahmadzade Zohre Karami

This paper presents an analysis of technical efficiency and technology gap ratio (TGR) in greenhouse cucumber in Fars Province, Iran. Cucumber production was chosen for this study for the reason that greenhouse productions in this provincemainly have focused on this product. The data used in this study was obtained from a random sample of 127 greenhouses in Fars Province for 2010 to 2011. Metaf...

Journal: :Computers & OR 2007
Pekka J. Korhonen Pyry-Antti Siitari

In this paper, we propose the use of lexicographic parametric programming to recognize efficient units in Data Envelopment Analysis (DEA). By using the parameterization of the rhs vector of the envelopment problem, we obtain the efficiency curve which is traversing through the efficient frontier from unit to unit. The units in the basis with any parameter value are efficient and the unit domina...

Journal: :European Journal of Operational Research 2008
Andrew L. Johnson Leon F. McGinnis

In the use of peer group data to assess individual, typical or best practice performance, the effective detection of outliers is critical for achieving useful results, particularly for two-stage analyses. In the DEA-related literature, prior work on this issue has focused on the efficient frontier as a basis for detecting outliers. An iterative approach for dealing with the potential for one ou...

The problem of utilizing undesirable (bad) outputs in DEA models often need replacing the assumption of free disposability of outputs by weak disposability of outputs. The Kuosmanen technology is the only correct representation of the fully convex technology exhibiting weak disposability of bad and good outputs. Also, there are some specific features of non-radial data envelopment analysis (DEA...

Journal: :تحقیقات مالی 0
مرتضی الهی دانشجوی کارشناسی ارشد مهندسی صنایع، دانشگاه یزد، یزد، ایران محسن یوسفی دانشجوی کارشناسی ارشد مهندسی صنایع، دانشگاه یزد، یزد، ایران یحیی زارع مهرجردی دانشیار گروه مهندسی صنایع دانشگاه یزد، یزد، ایران

this paper presents a new meta-heuristic solution to find the efficient frontier using the mean-variance approach. portfolio optimization problem is a quadratic programming model and, changes to np-hard if the number of assets and constraints has increased, and it cannot be solved using common mathematical methods in a reasonable time. therefore, a heuristic or meta-heuristic algorithm should b...

Journal: :Journal of dairy science 2006
L W Tauer A K Mishra

A stochastic cost equation was estimated for US dairy farms using national data from the production year 2000 to determine how farmers might reduce their cost of production. Cost of producing a unit of milk was estimated into separate frontier (efficient) and inefficiency components, with both components estimated as a function of management and causation variables. Variables were entered as im...

2009
Xiao-Song Ding Xi Chen Ji-Hong Zhang

In portfolio selection, strategies on an efficient frontier have been regarded as nondominated solutions because of the compensation to each increase unit of risk, and a rational decision maker has to consider other supplementary decision rules. This paper proposes an approach that helps a rational decision maker identify the best candidate strategy on an efficient frontier by taking the concep...

Journal: :Computers & Industrial Engineering 2009
Fuh-hwa Franklin Liu Cheng-Li Chen

An original data envelopment analysis (DEA) model is to evaluate each decision-making unit (DMU) with a set of most favorable weights of performance indices. The efficient DMUs obtained from the original DEA construct an efficient (bestpractice) frontier. The original DEA can be considered to identify good (efficient) performers in the most favorable scenario. For the purpose of identifying bad...

An original data envelopment analysis (DEA) model is to evaluate each decision-making unit (DMU) with a set of most favorable weights of performance indices to finding worst-practice DMUs. Indeed classical DEA models evaluate each DMUs compared to the most effective DMU. Since in this way the relative efficiency is calculated, therefore at least one of the DMUs are located on the efficiency fro...

Journal: :American Journal of Operations Research 2017

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