Efficiency evaluation model with constraint resource: an application to banking operations

D Wu, C Luo, L Liang and A Dolgui
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D Wu: 1] RiskLab, University of Toronto, Toronto, Canada[2] School of Management, University of Science and Technology of China, Anhui Province, P.R. China
C Luo: RiskLab, University of Toronto, Toronto, Canada
L Liang: School of Management, University of Science and Technology of China, Anhui Province, P.R. China
A Dolgui: Centre for Industrial Engineering and Computer Science, Ecole Nationale Supérieure des Mines de Saint-Etienne, Saint-Etienne, France

Journal of the Operational Research Society, 2014, vol. 65, issue 1, 14-22

Abstract: Competition is often presented in a free market. Efficiency evaluation of decision-making units (DMUs) needs accommodation of such competition among various units due to constrained resources. This paper develops an innovative quantitative approach to address the above-mentioned performance evaluation problem with constrained resource using output-oriented DEA. The proposed model allows DMUs to identify the maximum input reduction and resource savings to achieve performance improvement. Relations between the proposed model and classical output-oriented DEA models are explored and some economic insights are derived from these models. The proposed approach is validated by use of computational examples.

Date: 2014
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