A hybrid model using data envelopment analysis and analytic hierarchy process for evaluation and selection of R&D projects

A hybrid model using data envelopment analysis and analytic hierarchy process for evaluation and selection of R&D projects

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Article ID: iaor20002586
Country: South Korea
Volume: 24
Issue: 4
Start Page Number: 1
End Page Number: 12
Publication Date: Dec 1999
Journal: Journal of the Korean ORMS Society
Authors: , ,
Keywords: statistics: data envelopment analysis, analytic hierarchy process
Abstract:

This paper presents a DEA–AHP hybrid model to evaluate and select R&D projects. AHP collects and processes information on the weights of evaluation criteria. The processed information is used as an input for DEA/AR model. Only desirable number of projects are selected by the hybrid model. The model is examined by an example generated from a real data set.

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