Stepwise Benchmarking Path Selection in DEA

Jaehun Park, Hyerim Bae, Sungmook Lim

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

5 Scopus citations

Abstract

In order to identify the best performers for the benchmarking process, Data Envelopment Analysis (DEA), a methodology for measuring the relative efficiencies among homogeneous Decision-Making Units (DMUs) and for yielding a reference target for and inefficient DMU along with the corresponding efficiency gap, has been used. The general use of DEA has certain limitations that it might not be feasible for an inefficient DMU to achieve its benchmarking target in a single step. In order to overcome these problems, stepwise benchmarking target selection method has been undertaken. However, it did not consider benchmarking target selecting in optimal aspects. Thus, we propose an optimal benchmarking target selection method that inefficient DMU can select benchmarking target considering multiple benchmarking objectives using DEA. For the benchmarking objectives, the improvement feasibility and the efficiency gap are considered.

Original languageEnglish
Title of host publicationIntelligent Decision Technologies Proceedings of the 4th International Conference on Intelligent Decision
EditorsJain Lakhmi, Howlett Robert, Watada Junzo, Watanabe Toyohide, Gloria Phillips-Wren
Pages477-484
Number of pages8
DOIs
StatePublished - 2012

Publication series

NameSmart Innovation, Systems and Technologies
Volume16
ISSN (Print)2190-3018
ISSN (Electronic)2190-3026

Keywords

  • Benchmarking target selection
  • Data Envelopment Analysis

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