A managerial approach in resource allocation models: An application in US and Canadian oil and gas companies
In resource allocation and target setting problems, a central decision makers’ managerial standpoint has a pivotal role, especially when we encounter undesirable outputs such as the greenhouse gas (GHG) emissions. In such circumstances, firms have to cooperate with each other, to achieve th...
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| Format: | Article |
| Language: | English |
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University of Belgrade
2023-01-01
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| Series: | Yugoslav Journal of Operations Research |
| Subjects: | |
| Online Access: | https://doiserbia.nb.rs/img/doi/0354-0243/2023/0354-02432300004M.pdf |
| _version_ | 1797680687807987712 |
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| author | Mohamadinejad Hengameh Amirteimoori Alireza Kordrostami Sohrab Hosseinzadeh Lotfi Farhad |
| author_facet | Mohamadinejad Hengameh Amirteimoori Alireza Kordrostami Sohrab Hosseinzadeh Lotfi Farhad |
| author_sort | Mohamadinejad Hengameh |
| collection | DOAJ |
| description | In resource allocation and target setting problems, a central decision
makers’ managerial standpoint has a pivotal role, especially when we
encounter undesirable outputs such as the greenhouse gas (GHG) emissions. In
such circumstances, firms have to cooperate with each other, to achieve the
central planner’s aims. Looking into literature reveals that the existing
resource allocation models based on data envelopment analysis (DEA) have not
aptly considered the influence of managerial efforts and technological
innovations in this sense. This study proposes a centralized model
incorporating managerial disposability. This model not only reflects the
leadership performance of the central planner and the technological novelty
perspective in the resource allocation and target setting problem, but also
has a positive modification against an environmental adaptation change. In
order to illustrate the applicability of our resource allocation and target
setting model, a case study of 23 US and Canadian oil and gas companies has
been conducted. Analysis of the results reveals the appropriacy and
efficiency of our proposed model in dealing with the current perspectives
concerning the issue of resource allocation and target setting. |
| first_indexed | 2024-03-11T23:33:40Z |
| format | Article |
| id | doaj.art-4de843de51184e09a94fa86bcc283bc6 |
| institution | Directory Open Access Journal |
| issn | 0354-0243 1820-743X |
| language | English |
| last_indexed | 2024-03-11T23:33:40Z |
| publishDate | 2023-01-01 |
| publisher | University of Belgrade |
| record_format | Article |
| series | Yugoslav Journal of Operations Research |
| spelling | doaj.art-4de843de51184e09a94fa86bcc283bc62023-09-20T06:02:48ZengUniversity of BelgradeYugoslav Journal of Operations Research0354-02431820-743X2023-01-0133348149810.2298/YJOR221016004M0354-02432300004MA managerial approach in resource allocation models: An application in US and Canadian oil and gas companiesMohamadinejad Hengameh0Amirteimoori Alireza1Kordrostami Sohrab2Hosseinzadeh Lotfi Farhad3Department of Mathematics, Bandar Anzali Branch, Islamic Azad University, Bandar Anzali, IranDepartment of Applied Mathematics, Rasht Branch, Islamic Azad University, Rasht, IranDepartment of Mathematics, Lahijan Branch, Islamic Azad University, Lahijan, IranDepartment of Mathematics, Science and Research Branch, Islamic Azad University, Tehran, IranIn resource allocation and target setting problems, a central decision makers’ managerial standpoint has a pivotal role, especially when we encounter undesirable outputs such as the greenhouse gas (GHG) emissions. In such circumstances, firms have to cooperate with each other, to achieve the central planner’s aims. Looking into literature reveals that the existing resource allocation models based on data envelopment analysis (DEA) have not aptly considered the influence of managerial efforts and technological innovations in this sense. This study proposes a centralized model incorporating managerial disposability. This model not only reflects the leadership performance of the central planner and the technological novelty perspective in the resource allocation and target setting problem, but also has a positive modification against an environmental adaptation change. In order to illustrate the applicability of our resource allocation and target setting model, a case study of 23 US and Canadian oil and gas companies has been conducted. Analysis of the results reveals the appropriacy and efficiency of our proposed model in dealing with the current perspectives concerning the issue of resource allocation and target setting.https://doiserbia.nb.rs/img/doi/0354-0243/2023/0354-02432300004M.pdfdata envelopment analysisresource allocationtarget settingmanagerial disposability assumption |
| spellingShingle | Mohamadinejad Hengameh Amirteimoori Alireza Kordrostami Sohrab Hosseinzadeh Lotfi Farhad A managerial approach in resource allocation models: An application in US and Canadian oil and gas companies Yugoslav Journal of Operations Research data envelopment analysis resource allocation target setting managerial disposability assumption |
| title | A managerial approach in resource allocation models: An application in US and Canadian oil and gas companies |
| title_full | A managerial approach in resource allocation models: An application in US and Canadian oil and gas companies |
| title_fullStr | A managerial approach in resource allocation models: An application in US and Canadian oil and gas companies |
| title_full_unstemmed | A managerial approach in resource allocation models: An application in US and Canadian oil and gas companies |
| title_short | A managerial approach in resource allocation models: An application in US and Canadian oil and gas companies |
| title_sort | managerial approach in resource allocation models an application in us and canadian oil and gas companies |
| topic | data envelopment analysis resource allocation target setting managerial disposability assumption |
| url | https://doiserbia.nb.rs/img/doi/0354-0243/2023/0354-02432300004M.pdf |
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