M. Faraji

Department of Industrial Engineering, Islamic Azad University of Arak, Arak, Iran.

[ 1 ] - Evaluation of performance of different units of Water and Wastewater Company using DEA

In this paper, the performance of [different] units of Water and Sewage Company in Isfahan Province was evaluated using Data Envelopment Analysis (DEA). The purpose of this study was to provide a clear picture of the relative performance of Decision-Making Units (DMUs) in 2018. The advantage of using the DEA model over parametric models is to measure the performance of units using specific weig...

[ 2 ] - A heuristic method to calculate the real internal rate of return (RIRR)

The Internal Rate of Return (IRR) is used in economics as a popular method for project evaluation. Its major challenge, however, is to calculate all real rates. This paper presents an algorithm that can be used to calculate all return rates through introducing a heuristic approach based on several mathematical theorems. In order to better understand the different steps of the proposed algorithm...

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