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Technometrics Study Using DEA on Hybrid Electric Vehicles (HEVs)

In: Handbook of Operations Analytics Using Data Envelopment Analysis

Author

Listed:
  • Dong-Joon Lim

    (Portland State University)

  • Shabnam R. Jahromi

    (Portland State University)

  • Timothy R. Anderson

    (Portland State University)

  • Anca-Alexandra Tudorie

    (Delft University of Technology)

Abstract

The Toyota Prius was first introduced in 1997 and since then over 150 hybrid electric vehicles (HEVs) have been brought to the automobile market around the world. This was spurred by a major interest in the future of vehicles using ‘alternative fuel’ for addressing environmental and fuel dependency concerns. This study evaluates and compares the technological advancement observed in different HEV market segments over the past 15 years. The results indicate that the introduction of a wide range of midsize HEVs is posing a threat to the two-seaters and compact HEV segments while an SUV segment shows a fast adoption with a significant performance improvement. The rates of change for each segment are also provided to give insights into the estimation of the future performance levels for new product development target setting purposes.

Suggested Citation

  • Dong-Joon Lim & Shabnam R. Jahromi & Timothy R. Anderson & Anca-Alexandra Tudorie, 2016. "Technometrics Study Using DEA on Hybrid Electric Vehicles (HEVs)," International Series in Operations Research & Management Science, in: Shiuh-Nan Hwang & Hsuan-Shih Lee & Joe Zhu (ed.), Handbook of Operations Analytics Using Data Envelopment Analysis, chapter 0, pages 331-349, Springer.
    • Handle: RePEc:spr:isochp:978-1-4899-7705-2_13
    DOI: 10.1007/978-1-4899-7705-2_13
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