Benchmarking for Performance Evaluation: A Production Frontier Approach
This book provides a detailed introduction to the theoretical and methodological foundations of production efficiency analysis using benchmarking. Two of the more popular methods of efficiency evaluation are Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA), both of which are ba...
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2015
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oai:scholar.dlu.edu.vn:DLU123456789-593612023-11-11T06:37:07Z Benchmarking for Performance Evaluation: A Production Frontier Approach Ray, Subhash C Kumbhakar, Subal C Dua, Pami Management Benchmarking Production management Business Industrial Economics This book provides a detailed introduction to the theoretical and methodological foundations of production efficiency analysis using benchmarking. Two of the more popular methods of efficiency evaluation are Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA), both of which are based on the concept of a production possibility set and its frontier. Depending on the assumed objectives of the decision-making unit, a Production, Cost, or Profit Frontier is constructed from observed data on input and output quantities and prices. While SFA uses different maximum likelihood estimation techniques to estimate a parametric frontier, DEA relies on mathematical programming to create a nonparametric frontier. Yet another alternative is the Convex Nonparametric Frontier, which is based on the assumed convexity of the production possibility set and creates a piecewise linear frontier consisting of a number of tangent hyper planes. 2015-12-09T07:30:11Z 2015-12-09T07:30:11Z 2015 Book 978-81-322-2253-8 978-81-322-2252-1 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59361 en application/pdf Springer |
| institution |
Thư viện Trường Đại học Đà Lạt |
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Thư viện số |
| language |
English |
| topic |
Management Benchmarking Production management Business Industrial Economics |
| spellingShingle |
Management Benchmarking Production management Business Industrial Economics Ray, Subhash C Kumbhakar, Subal C Dua, Pami Benchmarking for Performance Evaluation: A Production Frontier Approach |
| description |
This book provides a detailed introduction to the theoretical and methodological foundations of production efficiency analysis using benchmarking. Two of the more popular methods of efficiency evaluation are Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA), both of which are based on the concept of a production possibility set and its frontier. Depending on the assumed objectives of the decision-making unit, a Production, Cost, or Profit Frontier is constructed from observed data on input and output quantities and prices. While SFA uses different maximum likelihood estimation techniques to estimate a parametric frontier, DEA relies on mathematical programming to create a nonparametric frontier. Yet another alternative is the Convex Nonparametric Frontier, which is based on the assumed convexity of the production possibility set and creates a piecewise linear frontier consisting of a number of tangent hyper planes. |
| format |
Book |
| author |
Ray, Subhash C Kumbhakar, Subal C Dua, Pami |
| author_facet |
Ray, Subhash C Kumbhakar, Subal C Dua, Pami |
| author_sort |
Ray, Subhash C |
| title |
Benchmarking for Performance Evaluation:
A Production Frontier Approach |
| title_short |
Benchmarking for Performance Evaluation:
A Production Frontier Approach |
| title_full |
Benchmarking for Performance Evaluation:
A Production Frontier Approach |
| title_fullStr |
Benchmarking for Performance Evaluation:
A Production Frontier Approach |
| title_full_unstemmed |
Benchmarking for Performance Evaluation:
A Production Frontier Approach |
| title_sort |
benchmarking for performance evaluation:
a production frontier approach |
| publisher |
Springer |
| publishDate |
2015 |
| url |
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59361 |
| _version_ |
1819815546639613952 |