Engineering
8 years ago

New study reveals how to optimize material costs for maximum efficiency!

Computer Engineering and Applications Journal
Cost-effectiveness analysis for material based on DEA
Meng Biao

Paper Summary

The study used Data Envelopment Analysis to evaluate the cost-effectiveness of materials. Decision Making Units were ranked based on this evaluation. The study analyzed the return to scale of these units and adjusted inefficient input indexes to optimize material cost scale.

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