Application of Electre III and DEA methods in the BPR of a bank branch network

Application of Electre III and DEA methods in the BPR of a bank branch network

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Article ID: iaor20061046
Country: Serbia
Volume: 15
Issue: 2
Start Page Number: 259
End Page Number: 276
Publication Date: Jan 2005
Journal: Yugoslav Journal of Operations Research
Authors: ,
Keywords: finance & banking, decision theory: multiple criteria
Abstract:

Operational research methodologies are a powerful tool assisting managers in their effort to critically review business data and decide on future business actions. This paper presents the application of Electre multi-criteria methodology and Data Envelopment Analysis as part of a small commercial bank's ongoing effort to reengineer its branch network. We focus on two particular problems: first, categorization of the branches so as to apply adequate equivalent organizational schemas and second the assessment of relative efficiency of human resources.

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