Resource Allocation Based on Efficiency Analysis
The purpose of this paper is to develop an approach to a resource-allocation problem that typically appears in organizations with a centralized decision-making environment, for example, supermarket chains, banks, and universities. The central unit is assumed to be interested in maximizing the total amount of outputs produced by the individual units by allocating available resources to them. We will develop an interactive formal approach based on data envelopment analysis (DEA) and multiple-objective linear programming (MOLP) to find the most preferred allocation plan. The units are assumed to be able to modify their production in the current production possibility set within certain assumptions. Various assumptions are considered concerning returns to scale and the ability of each unit to modify its production plan. Numerical examples are used to illustrate the approach.
Volume (Year): 50 (2004)
Issue (Month): 8 (August)
|Contact details of provider:|| Postal: |
Web page: http://www.informs.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:inm:ormnsc:v:50:y:2004:i:8:p:1134-1144. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mirko Janc)
If references are entirely missing, you can add them using this form.