Measurement and Comparison of Productivity Performance Under Fuzzy Imprecise Data
Avninder Gill ()
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Avninder Gill: Thompson Rivers University, Canada
International Journal of Business Research and Management (IJBRM), 2011, vol. 2, issue 1, 19-32
Abstract:
The creation of goods and services requires changing the expended resources into the output goods and services. How efficiently we transform these input resources into goods and services depends on the productivity of the transformation process. However, it has been observed there is always a vagueness or imprecision associated with the values of inputs and outputs. Therefore, it becomes hard for a productivity measurement expert to specify the amount of resources and the outputs as exact scalar numbers. The present paper, applies fuzzy set theory to measure and compare productivity performance of transformation processes when numerical data cannot be specified in exact terms. The approach makes it possible to measure and compare productivity of organizational units (including non-government and non-profit entities) when the expert inputs can not be specified as exact scalar quantities. The model has been applied to compare productivity of different branches of a company.
Keywords: Productivity; Fuzzy Set Theory; Efficiency; Performance Measure (search for similar items in EconPapers)
JEL-codes: M0 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:aml:intbrm:v:2:y:2011:i:1:p:19-32
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