Data envelopment analysis for decision support

  title={Data envelopment analysis for decision support},
  author={John Seydel},
  journal={Industrial Management and Data Systems},
Purpose – To provide decision makers (DMs) an option for addressing problems involving finite alternative sets and multiple criteria, where criterion weighting is difficult or impossible. Design/methodology/approach – The multicriteria decision problem is described, and a typically descriptive (rather than prescriptive) tool, data envelopment analysis (DEA), is summarized, along with a hypothetical but typical example of a multicriteria decision (vendor selection). The DEA approach is modified… CONTINUE READING
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