Production analysis in different time periods: An application of data envelopment analysis

Production analysis in different time periods: An application of data envelopment analysis

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Article ID: iaor19981992
Country: Netherlands
Volume: 86
Issue: 2
Start Page Number: 216
End Page Number: 230
Publication Date: Oct 1995
Journal: European Journal of Operational Research
Authors:
Keywords: production, programming: linear, time series & forecasting methods
Abstract:

This article explores a new application of Data Envelopment Analysis (DEA) for comparing performances in different time periods. The DEA multilateral comparison opens up a new efficiency concept referred to as ‘Overall Time Efficiency’, which is further broken down into four efficiency concepts in this study: overall efficiency, price efficiency, scale efficiency and time efficiency. A new DEA approach is also proposed to empirically measure these new efficiency concepts. Two data sets are used for illustrating such DEA applications to production analysis in different time periods.

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