Engineering
8 years ago

New method revolutionizes ranking efficiency of decision-making units.

Journal of Systems Engineering and Electronics
New approach to determine common weights in DEA efficiency evaluation model
Feng Yang, Chenchen Yang, Liang Liang, Shaofu Du

Paper Summary

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A new method was developed to find common weights in a model used to evaluate the efficiency of decision-making units. This method involves a type of math called multi-objective integer programming. The solution found using this method is proven to be efficient and acceptable to many decision-making units. The goal is to create a set of weights that can be used to rank decision-making units accurately. An example is provided to show how this new approach works.