Robust worst-practice interval DEA with non-discretionary factors

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F21%3A10247575" target="_blank" >RIV/61989100:27510/21:10247575 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.sciencedirect.com/science/article/pii/S0957417421006886" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0957417421006886</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.eswa.2021.115256" target="_blank" >10.1016/j.eswa.2021.115256</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Robust worst-practice interval DEA with non-discretionary factors

Popis výsledku v původním jazyce

Traditionally, data envelopment analysis (DEA) evaluates the performance of decision-making units (DMUs) with the most favorable weights on the best practice frontier. In this regard, less emphasis is placed on non-performing or distressed DMUs. To identify the worst performers in risk-taking industries, the worst-practice frontier (WPF) DEA model has been proposed. However, the model does not assume evaluation in the condition that the environment is uncertain. In this paper, we examine the WPF-DEA from basics and further propose novel robust WPF-DEA models in the presence of interval data uncertainty and non-discretionary factors. The proposed approach is based on robust optimization where uncertain input and output data are constrained in an uncertainty set. We first discuss the applicability of worst-practice DEA models to a broad range of application domains and then consider the selection of worst-performing suppliers in supply chain decision analysis where some factors are unknown and not under varied discretion of management. Using the Monte-Carlo simulation, we compute the conformity of rankings in the interval efficiency as well as determine the price of robustness for selecting the worst-performing suppliers.

Název v anglickém jazyce

Robust worst-practice interval DEA with non-discretionary factors

Popis výsledku anglicky

Traditionally, data envelopment analysis (DEA) evaluates the performance of decision-making units (DMUs) with the most favorable weights on the best practice frontier. In this regard, less emphasis is placed on non-performing or distressed DMUs. To identify the worst performers in risk-taking industries, the worst-practice frontier (WPF) DEA model has been proposed. However, the model does not assume evaluation in the condition that the environment is uncertain. In this paper, we examine the WPF-DEA from basics and further propose novel robust WPF-DEA models in the presence of interval data uncertainty and non-discretionary factors. The proposed approach is based on robust optimization where uncertain input and output data are constrained in an uncertainty set. We first discuss the applicability of worst-practice DEA models to a broad range of application domains and then consider the selection of worst-performing suppliers in supply chain decision analysis where some factors are unknown and not under varied discretion of management. Using the Monte-Carlo simulation, we compute the conformity of rankings in the interval efficiency as well as determine the price of robustness for selecting the worst-performing suppliers.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Projekt

<a href="/cs/project/GA19-13946S" target="_blank" >GA19-13946S: Hodnocení výkonnosti při výskytu neklasifikovaných faktorů</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Expert Systems with Applications

ISSN

0957-4174

e-ISSN

—

Svazek periodika

182

Číslo periodika v rámci svazku

15/2021

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

13

Strana od-do

—

Kód UT WoS článku

000694890100006

EID výsledku v databázi Scopus

2-s2.0-85108963084