A stochastic cost equation was estimated for US dairy farms using national data from the production year 2000 to determine how farmers might reduce their cost of production. Cost of producing a unit of milk was estimated into separate frontier (efficient) and inefficiency components, with both components estimated as a function of management and causation variables. Variables were entered as im...

in this study, farm level technical efficiency (te) and its determinants were investigated. a stochastic cobb-douglas (cd) production frontier was used to provide estimates of input-oriented te for a sample of 100 rain fed farms in two palestinian governorates. empirical findings showed that the estimated te of the farms in the pooled sample ranged from 35.7 to 95.6%, with a mean value of 72.2%...

In portfolio selection, strategies on an efficient frontier have been regarded as nondominated solutions because of the compensation to each increase unit of risk, and a rational decision maker has to consider other supplementary decision rules. This paper proposes an approach that helps a rational decision maker identify the best candidate strategy on an efficient frontier by taking the concep...

An original data envelopment analysis (DEA) model is to evaluate each decision-making unit (DMU) with a set of most favorable weights of performance indices. The efficient DMUs obtained from the original DEA construct an efficient (bestpractice) frontier. The original DEA can be considered to identify good (efficient) performers in the most favorable scenario. For the purpose of identifying bad...

It has been recognized that the link between information technology (IT) investment and firm performance is indirect due to the effect of mediating and moderating variables. For example, in the banking industry, the IT-value added activity helps to effectively generate funds from the customer in the forms of deposits. Profits then are generated by using deposits as a source of investment funds....

this paper uses the concept of meta-frontier to investigate the relationship between meta technology ratios (mtr) and different varieties in datepalms including; mazafati, rabi and zardan that are produced widely in sistan and baluchestan province of iran. we used a stratified sampling of 300 date farmers of this province in 2010, 2011 and 2012 and estimated a stochastic production frontier usi...

   Negative data handling has gained a remarkable importance in the literature of Data Envelopment Analysis (DEA) to address many real life problems. Various erstwhile applications, in this arena, referred relocation of the origin to a superior (RDM) or to an inferior (Translated Input Oriented BCC) neighboring point. In this paper, the conditions for Rotation Invariance of various Data Envelop...

In the current environment, product design involves choosing from a vast array of components and subcomponents. By developing modular platforms and communicating with multiple suppliers, each product becomes a bundle of features. The multitude of potential product configurations poses a challenge in identifying optimal configurations to offer customers. For most companies, the greatest challeng...