New method revolutionizes ranking of efficient Decision Making Units in DEA!
The article introduces a new method to rank efficient Decision Making Units (DMUs) in Data Envelopment Analysis (DEA). The goal is to address the issue of lack of discrimination among efficient DMUs. The researchers suggest a modified method that minimizes the coefficient of variation, which is crucial for ranking DMUs. By comparing the results with an efficient method called Norm 1, the new method proves to be effective in ranking DMUs accurately.