Data envelopment analysis: visualizing the results

Article Abstract:

The visualization of results obtained from data envelopment analysis (DEA) is investigated. The procedure, which is a linear programming method of evaluating the relative efficiency of a group of decision-makers, has yet to be widely adopted by corporate managers due to difficulties in interpreting the results of DEA models. To this end, several two-dimensional graphs are presented. The charts enable the efficiencies, inefficiencies, reference units and other factors to be visually interpreted.

Operations research, Research, Management science, Decision-making, Decision making, Data envelopment analysis

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Implementing stochastic multicriteria acceptability analysis

Article Abstract:

The efficiency of stochastic multicriteria acceptability analysis in solving decision problems, using Monte Carlo simulations, is analyzed.

Management dynamics, Portugal, Multiple criteria decision making, Analysis, Management, Usage, Company business management, Stochastic processes, Monte Carlo method, Monte Carlo methods

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