Information technology (IT) is a tool crucial for enterprises to achieve a competitive advantage and organizational innovation. A critical aspect of IT management is the decision whereby the best set of IT projects is selected from many competing proposals. The optimal selection process is a significant strategic resource allocation decision that can engage an organization in substantial long-t...

Short-run and long-run technical and allocative efficiencies were computed for 395 New York dairy farms using data envelopment or nonparametric procedures on 1990 Dairy Farm Business Summary data. The farms were, on average, more allocatively efficient in the short run than in the long run, but were more technically efficient in the long run than in the short run. Stanchion barns were as effici...

data envelopment analysis is a nonparametric technique checking efficiency of dmus using math programming. in conventional dea, it has been assumed that the status of each measure is clearly known as either input or output. kao and hwang (2008) developed a data envelopment analysis (dea) approach for measuring efficiency of decision processes which can be divided into two stages. the first stag...

data envelopment analysis (dea) is a technique that uses all collected observations to measure performance. this method presents no data about how to operate on dmu. the present research attempted to study a unit with all its subunits, if the unit is efficient, it means that all its subunits are efficient too and if it is an inefficient, it shows clearly that which one of the subunits makes ine...

A firm tends to associate capacity planning with economic scale size and demand fulfillment for profit maximization. However, it is troublesome capacity dilemmas to achieve both of them simultaneously in stochastic environment. We propose a multi-objective stochastic programming with data envelopment analysis (DEA) constraints to find a compromise efficient benchmark.