Optimal input/output reduction in production processes

Amirteimoori, Alireza and Emrouznejad, Ali (2012). Optimal input/output reduction in production processes. Decision Support Systems, 52 (3), pp. 742-747.

Abstract

While conventional Data Envelopment Analysis (DEA) models set targets for each operational unit, this paper considers the problem of input/output reduction in a centralized decision making environment. The purpose of this paper is to develop an approach to input/output reduction problem that typically occurs in organizations with a centralized decision-making environment. This paper shows that DEA can make an important contribution to this problem and discusses how DEA-based model can be used to determine an optimal input/output reduction plan. An application in banking sector with limitation in IT investment shows the usefulness of the proposed method.

Publication DOI: https://doi.org/10.1016/j.dss.2011.11.020
Divisions: Aston Business School > Operations & information management
Additional Information: Copyright 2012 Elsevier B.V., All rights reserved.
Uncontrolled Keywords: data envelopment analysis,input/output reduction,efficiency,multi-objective linear programming
Published Date: 2012-02

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