COMMON WEIGHTS DETERMINATION IN DATA ENVELOPMENT ANALYSIS

In models of data envelopment analysis (DEA), an optimal set of weights is generally assumed to represent the assessed decision making unit (DMU) in the best light in comparison to all the other DMUs, and so there is an optimal set of weights corresponding to each DMU. The present paper, proposes a...

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Bibliographic Details
Main Authors: Alireza Amirteimoori, Sohrab Kordrostami
Format: Article
Language:English
Published: Islamic Azad University, Rasht Branch 2009-10-01
Series:Iranian Journal of Optimization
Subjects:
Online Access:http://ijo.iaurasht.ac.ir/pdf_513956_0b5f2e6da337d2a12c9a1d9ec414a9d9.html
Description
Summary:In models of data envelopment analysis (DEA), an optimal set of weights is generally assumed to represent the assessed decision making unit (DMU) in the best light in comparison to all the other DMUs, and so there is an optimal set of weights corresponding to each DMU. The present paper, proposes a three stage method to determine one common set of weights for decision making units. Then, we use these weights to rank efficient units. We demonstrate the approach by applying it to rank gas companies.
ISSN:2008-5427
2008-5427