Efficiency Measurement in Data Envelopment Analysis: Some Selected Applications, Biresh K. Sahoo – Xavier Institute of Management, 2011. Saarbrücken (Germany), Lap Lambert Academic Publishing (2011)
“In a competitive environment most of the business firms face an irritatingly limited supply of resources. This has led to a significant emphasis on the efficient utilization and allocation of on-hand resources in a firm. Productivity generally indicates a firms efficiency in converting physical inputs to physical outputs and is considered an important index of its performance. Enhancing productivity is an effective means for a firm to survive and prosper in a competitive economy. From the standpoint of planning the utilization of resources, productivity management based on an inter-period comparison of productivity is considered to be an important tool. Similarly, a firms relative productivity in the industry is a significant determinant of its competitive position. The firm’s management, therefore, needs to not only know its productivity per se, but also understand the properties of inter-firm differences in productivity so as to appraise its competitive position in the industry and to appreciate its weakness in utilizing and allocating resources. The comprehension of this weakness can help the management to correctly guide the firm towards the best utilization of resources. This present monograph discusses the uses of various variants of data envelopment analysis (DEA) models for evaluating firm productivity in terms of various performance parameters such as efficiency, returns to scale, total factor productivity growth (TFPG).”
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