TY - GEN
T1 - Method of benchmarking route choice based on the input similarity using DEA
AU - Park, Jaehun
AU - Bae, Hyerim
AU - Lim, Sungmook
PY - 2011
Y1 - 2011
N2 - Benchmarking requires an effective methodology for finding the best performer, which entails an evaluation of the relative efficiencies of competitors in terms of multiple input and output factors. To identify the best performer, Data Envelopment Analysis (DEA) has been popularly used. However, the conventional DEA has some deficiencies with respect to its use for benchmarking. First, the reference set of an inefficient DMU often has multiple efficient DMUs. Second, it might be quite impossible for an inefficient DMU to achieve its target's efficiency in a single step, especially when the target is far removed from the DMU. To overcome these deficiencies of conventional DEA, we propose a new stepwise benchmarking method using DEA, which enables inefficient DMUs to select the more appropriate benchmarking DMU based on the similarity.
AB - Benchmarking requires an effective methodology for finding the best performer, which entails an evaluation of the relative efficiencies of competitors in terms of multiple input and output factors. To identify the best performer, Data Envelopment Analysis (DEA) has been popularly used. However, the conventional DEA has some deficiencies with respect to its use for benchmarking. First, the reference set of an inefficient DMU often has multiple efficient DMUs. Second, it might be quite impossible for an inefficient DMU to achieve its target's efficiency in a single step, especially when the target is far removed from the DMU. To overcome these deficiencies of conventional DEA, we propose a new stepwise benchmarking method using DEA, which enables inefficient DMUs to select the more appropriate benchmarking DMU based on the similarity.
KW - Benchmarking
KW - Data envelopment analysis
KW - K-means clustering
UR - http://www.scopus.com/inward/record.url?scp=84866323593&partnerID=8YFLogxK
U2 - 10.1007/978-3-642-22194-1_51
DO - 10.1007/978-3-642-22194-1_51
M3 - Conference contribution
AN - SCOPUS:84866323593
SN - 9783642221934
T3 - Smart Innovation, Systems and Technologies
SP - 519
EP - 528
BT - Intelligent Decision Technologies - Proceedings of the 3rd International Conference on Intelligent Decision Technologies, IDT'2011
T2 - 3rd International Conference on Intelligent Decision Technologies, IDT'2011
Y2 - 20 July 2011 through 22 July 2011
ER -