A novel multilevel network slacks-based measure with an application in electric utility companies

Abstract

In this paper, we developed an alternative Network Slacks-Based Data Envelopment Analysis Measure (NSBM) wherein the overall efficiency is expressed as a weighted average of the efficiencies of the individual processes. The advantage of this new model is that both overall efficiency and multi-divisional efficiencies have been calculated with a unified framework. The major merits of the proposed model are its ability to provide appropriate measure of efficiency, obtaining weight of processes from model, simultaneous assessment of intermediate variables considering them as both input and output. Finally, an application in electric power companies shows the practicality of the proposed model.

Publication DOI: https://doi.org/10.1016/j.energy.2018.05.161
Divisions: College of Business and Social Sciences > Aston Business School > Operations & Information Management
College of Business and Social Sciences > Aston Business School
Additional Information: © 2018, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/
Publication ISSN: 0360-5442
Last Modified: 30 Sep 2024 11:34
Date Deposited: 29 May 2018 07:50
Full Text Link:
Related URLs: https://www.sci ... 360544218310053 (Publisher URL)
PURE Output Type: Article
Published Date: 2018-09
Published Online Date: 2018-05-26
Accepted Date: 2018-05-24
Authors: Zarei Mahmoudabadi, Mohammad
Azar, Adel
Emrouznejad, Ali (ORCID Profile 0000-0001-8094-4244)

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