New Methodology in Context: Data Envelopment Analysis.

Summary: Pending
First Paragraph: Data Envelopment Analysis is an empirically based op erational method for estimating production function efficiencies. The methodology is based on the direct observation of a firm's behavior-- decision making unit (DMUs)--in combining a set of inputs measured in different metrics (i.e., dollars, number of employees, hours worked, e tc.) to produce a set of outputs also measured in different metrics (i .e., volume of sales, number of satisfied customers, dollar value of o utput, etc.). This method characterizes these differently measured mu ltiple inputs and multiple outputs into a pattern of production via a ratio method first outlined by Farrell(1957) and now operationalized t

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  • Description: Electronic reproduction
Read 102 times Last modified on Sunday, 07 May 2017 12:43
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