Improved performance evaluation of comparable units with data envelopment analysis (DEA)
Document Type
Article
Publication Date
1-1-2008
Abstract
Regression analysis is a commonly applied technique used to measure the relationship/predict/forecast of comparable units. A set of comparable units is some group of entities each performing somewhat the same set of activities. In this chapter, we will apply a modified version of our recently developed methodology to incorporate into the regression analysis a new variable that captures the unique weighting of each comparable unit. This new variable is the relative efficiency of each comparable unit that will be generated by a technique called data envelopment analysis (DEA). The results of applying this methodology with the DEA variable to a hospital labor data set will be presented. Copyright © 2008 by Elsevier Ltd.
Identifier
84886698568 (Scopus)
Publication Title
Advances in Business and Management Forecasting
External Full Text Location
https://doi.org/10.1016/S1477-4070(07)00204-8
ISSN
14774070
First Page
65
Last Page
75
Volume
5
Recommended Citation
Klimberg, Ronald; Lawrence, Kenneth D.; and Lawrence, Sheila M., "Improved performance evaluation of comparable units with data envelopment analysis (DEA)" (2008). Faculty Publications. 12996.
https://digitalcommons.njit.edu/fac_pubs/12996
