A measure of a unit’s ability to produce outputs from its set of inputs. Since the efficiency of a given DMU is measured with respect to other DMUs in the field, the obtained efficiency is always relative. From the standpoint of the efficiency frontier, an enveloped unit’s efficiency is related to its radial distance from the frontier.
Efficiency/Productive efficiency
CALL FOR PAPERS: Data Envelopment Analysis (DEA) at IFORS2020, 21st – 26th, June 2020, Seoul, Korea
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Deadline for submission abstract: 17th January 2020
Early-bird Registration: 28th February 2020
Conference date: 21st to 26th July 202
Further details: http://deazone.com/en/ifors2020
by Ali Emrouznejad & Rajiv Banker
Two days training at Aston University
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William W Cooper
Emrouznejad, A.(2016) Big Data Optimization: Recent Developments and Challenges, Springer
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