4.2 Article

The Comparison of Data Envelopment Analysis (DEA) and Financial Analysis Results in a Production Simulation Game

期刊

ACTA POLYTECHNICA HUNGARICA
卷 14, 期 4, 页码 167-185

出版社

BUDAPEST TECH
DOI: 10.12700/APH.14.4.2017.4.10

关键词

Data envelopment analysis (DEA); Performance evaluation; Production management; Simulation games; Linear programming

向作者/读者索取更多资源

Production and service systems are generally evaluated based on financial information. The financial approach looks for opportunities to boost profits in two main ways: by decreasing operating costs and/or by increasing production quantity. Consequently, the cost of operation is evaluated and cost reduction possibilities are explored with proper cost analysis methods. Scoring methods extend the frontiers of performance evaluation by also employing non-financial information, although these methods generally contain several subjective elements. Data Envelopment Analysis (DEA) aims to integrate several performance measures into an aggregate output measure and several resource usage characteristics into an aggregate input measure. Based on the inputs applied and on the outputs generated, an efficiency score is calculated using linear programming. The objective of this paper is to illustrate the differences between performance evaluations, based on financial information, versus the DEA results. The results of a production simulation game are used to show how a DEA based performance evaluation can be carried out. The additional information provided by DEA may help to identify the causes of inefficient operation and to explore ways of improving efficiency.

作者

我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。

评论

主要评分

4.2
评分不足

次要评分

新颖性
-
重要性
-
科学严谨性
-
评价这篇论文

推荐

暂无数据
暂无数据