Optimal input/output reduction in production processes

Alireza Amirteimoori, Ali Emrouznejad

Research output: Contribution to journalArticlepeer-review

Abstract

While conventional Data Envelopment Analysis (DEA) models set targets for each operational unit, this paper considers the problem of input/output reduction in a centralized decision making environment. The purpose of this paper is to develop an approach to input/output reduction problem that typically occurs in organizations with a centralized decision-making environment. This paper shows that DEA can make an important contribution to this problem and discusses how DEA-based model can be used to determine an optimal input/output reduction plan. An application in banking sector with limitation in IT investment shows the usefulness of the proposed method.
Original languageEnglish
Pages (from-to)742-747
Number of pages6
JournalDecision Support Systems
Volume52
Issue number3
DOIs
Publication statusPublished - Feb 2012

Keywords

  • data envelopment analysis
  • input/output reduction
  • efficiency
  • multi-objective linear programming

Fingerprint

Dive into the research topics of 'Optimal input/output reduction in production processes'. Together they form a unique fingerprint.

Cite this