The concept of efficiency is important in economic science; at present, its role every sector the economy growing. Evaluating an enterprise’s makes it possible to implement a correct and profitable strategy resource allocation, which shows potential level Given annual increase number bankrupt enterprises, issue estimating enterprises relevant for both their owners managers, as well creditors. T...

The conventional Cobb-Douglas production function model require strong assumptions such as the constant elasticity and the entire frontier efficiency. The varying elasticity production function is an useful extension but it does not take frontier efficiency into account, and the data envelope analysis model involves the use of linear programming methods to estimate the frontier efficiency where...