Combining the AHP and DEA methodologies for selecting the best alternative

Combining the AHP and DEA methodologies for selecting the best alternative

0.00 Avg rating0 Votes
Article ID: iaor20117482
Volume: 9
Issue: 3
Start Page Number: 251
End Page Number: 267
Publication Date: Jul 2011
Journal: International Journal of Logistics Systems and Management
Authors: ,
Keywords: statistics: data envelopment analysis, decision theory: multiple criteria, decision, decision: applications, analytic hierarchy process
Abstract:

This paper deals with a decision‐making problem of choosing the best of several alternatives, where the comparison among them is based on both qualitative and quantitative criteria. The method presented here is based on combining the Analytical Hierarchical Process (AHP) and the Data Envelopment Analysis (DEA) methodologies, followed by a proposition to deal with a situation where more than one alternative turns out to be efficient. A real‐life case is presented, which demonstrates how the comprehensive analysis developed here results in a decision that is different from the one that might be expected when just one common factor, such as cost, is considered.

Reviews

Required fields are marked *. Your email address will not be published.