Transcription of What is Data Envelopment Analysis?
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What is Data Envelopment Analysis?
data Envelopment analysis with Maple in OR and Modeling CoursesIntroductionWhat is data Envelopment analysis ? data Envelopment analysis (DEA), occasionally calledfrontieranalysis, was first put forward by Charnes, Cooper and Rhodesin 1978. It is a performance measurement technique which canbe used for evaluating the relative efficiency of decision-makingunits (DMU s) in organisations. John Beasley From the field of combustion engineering, efficiency is theratio of the actual amount of heat liberated .. to the maximumamount which could be liberated . A. Charnes, W. Cooper,and E. RhodesData Envelopment analysis with Maple in OR and Modeling CoursesExampleBatter DataWhom to trade?Choose from among three players: data :Player A: 100 at-bats for 40 singles & 0 home runsPlayer B: 100 at-bats for 20 singles & 5 home runsPlayer C: 100 at-bats for 10 singles & 20 home runsAnalysis:Player A: no combination ofBandCcan equalAPlayer B:44%A+ 25%C=Bfor a69% efficiency index Player C: no combination ofAandBcan equalCData Envelopment analysis with Maple in OR and Modeling CoursesExampleGraphical analysis (2-D) data Envelopment analysis with Maple in OR
“Data Envelopment Analysis (DEA), occasionally called frontier analysis, was first put forward by Charnes, Cooper and Rhodes in 1978. It is a performance measurement technique which can be used for evaluating the relative efficiency of decision-making units (DMU’s) in organisations.” — John Beasley
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