Article ID: | iaor20103027 |
Volume: | 34 |
Issue: | 3 |
Start Page Number: | 361 |
End Page Number: | 370 |
Publication Date: | Mar 2009 |
Journal: | Journal of the Korean ORMS Society |
Authors: | Kim Jae Yun, Sim Gwang Sic |
Keywords: | statistics: data envelopment analysis, analytic hierarchy process |
Data Envelopment Analysis (DEA) is a methodology of computing the relative efficiency of each decision making unit (DMU) by comparing it with other DMUs having similar input and output structure. In this paper, we compare the efficiency of Korean rail transit corporations using DEA. To do this, we design a DEA-AR/AHP model, and evaluate efficiency by comparing the subway operating agencies of six big cities. The analysis reveals that Seoul Metro and Seoul city railroad construction turn out to be the most efficient groups. The result of this research can provide helpful information for effective management in a domestic subway operating agency.