Optimality conditions and solution methodology for parameter selection in DEA

DOI10.1504/IJMOR.2011.040025MaRDI QIDQ548462zbMATH OpenOpenAlexFDO

Authors X. Zhang, N. Chanaka P. Edirisinghe

Publication date 28 June 2011

Published in International Journal of Mathematics in Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1504/ijmor.2011.040025

zbMATH Keywords

data envelopment analysisDEAdecision makinggradient-based searchinput selectionmanagerial performancemetaheuristicsoptimality conditionsoptimisationoutput selectionparameter selectionsimulated annealing

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Special problems of linear programming (transportation, multi-index, data envelopment analysis, etc.) (90C08)

Review text

Summary: This paper focuses on developing optimality conditions and a solution methodology for generalised Data Envelopment Analysis (GDEA). The GDEA framework determines input and output parameters in DEA models of internal managerial performance of Decision Making Units (DMUs) based on an optimisation criterion involving an external non-managerial reward function on DMU performance. The resulting problem is a difficult non-convex integer optimisation model. In this paper, first-order optimality conditions are first derived, and then, these are utilised within a hybrid scheme of gradient-based search and a metaheuristic such as simulated annealing for efficient solution. Data from a financial application are used to illustrate the methodology.

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