An Algorithm for Improving Profit Efficiency

Authors

  • F. Hosseinzadeh Saljooghi
  • A. A. Noura
  • M. Seyfpanah

DOI:

https://doi.org/10.30495/jme.v6i0.153

Keywords:

Data envelopment analysis, profit efficiency, price, improving

Abstract

This paper applies the nonparametric Data Envelopment Analysis (DEA) methodology to estimate and improve profit efficiency using an algorithm. The proposed method improves profit efficiency of inefficient units. This method uses the ratio of output prices to inputcosts in every decision making units. We have explained our method by an example.

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Published

2013-09-14

Issue

Vol. 6

Section

Vol. 6, No. 3, (2012)

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