New models improve efficiency calculations, reducing waste and boosting productivity!
The article introduces new models for data analysis that can better evaluate efficiency by considering all input and output components. By using multi-criteria structures and ratio-based models, the researchers developed more accurate ways to calculate efficiency scores. These new models help address issues like underestimating efficiency and ignoring certain factors in traditional analysis. Through a numerical example, the study shows that the proposed models can improve efficiency evaluations compared to previous methods.