http://www.upv.es/deioac/Investigacion/revision.pdf

The hybrid flow shop scheduling problem

Review: Review and classification of hybrid flow shop scheduling problems from a production system and a solutions procedure perspective

This paper reviews statistical methods for analyzing output data from computer simulations. First, it focuses on the estimation of steady-state system parameters. The estimation techniques include the replication/deletion approach, the regenerative method, the batch means method, and methods based on standardized time series. Second, it reviews recent statistical procedures to find the best system among a set of competing alternatives.

Proceedings of the 2000 winter simulation conference

Measuring and improving the efficiency of the Chinese commercial banking system has recently attracted increasing interest. Few studies, however, have adopted the two-stage network DEA to explore this issue in the Chinese context. Because the entire operational process of the banking system could be divided into two sub-processes (deposit producing and profit earning), the evaluation of the sub-process efficiencies could be used to assist in identifying the sources of the inefficiency of the entire banking system. In this study, we utilize the network DEA approach to disaggregate, evaluate and test the efficiencies of 16 major Chinese commercial banks during the third round of the Chinese banking reform period (2003–2011) with the variable returns to scale setting and the consideration of undesirable/bad output. The main findings of this study are as follows: (i) the two-stage DEA model is more effective than the conventional black box DEA model in identifying the inefficiency of banking system, and the inefficiency of the Chinese banking system primarily results from the inefficiency of its deposit producing sub-process; (ii) the overall efficiency of the Chinese banking system improves over the study period because of the reform; (iii) the state-owned commercial banks (SOBs) appear to be more overall efficient than the joint-stock commercial banks (JSBs) only in the pre-reform period, and the efficiency difference between the SOBs and the JSBs is reduced over the post-reform period; (iv) the disposal of non-performing loans (NPLs) from the Chinese banking system in general explains its efficiency improvement, and the joint-equity reform of the SOBs specifically increases their efficiencies.

Efficiency measures of the Chinese commercial banking system using an additive two-stage DEA

An MCDM approach to portfolio optimization

Data envelopment analysis (DEA) has been proven as an excellent data-oriented performance evaluation method when multiple inputs and outputs are present in a set of peer decision-making units (DMUs). In the DEA literature, a context-dependent DEA is developed to provide finer evaluation results by examining the efficiency of DMUs in specific performance levels based upon radial DEA efficiency scores. In DEA, non-zero input and output slacks are very likely to present after the radial efficiency score improvement. Often, these non-zero slack values represent a substantial amount of inefficiency. Therefore, in order to fully measure the inefficiency in DMU's performance, it is very important to also consider the inefficiency represented by the non-zero slacks in the context-dependent DEA. This study proposes a slack-based context-dependent DEA which allows a full evaluation of inefficiency in a DMUs performance. By using slack-based efficiency measure, we obtain different frontier levels and more appropriate performance benchmarks for inefficient DMUs.

http://www.deafrontier.net/papers/OMEGASlackCDEA.pdf

A slack-based measure of efficiency in context-dependent data envelopment analysis

A surface electrode (5) is installed on the light receiving surface of a solar cell element, the surface electrode (5) comprises three bus bar electrodes (5a) for retrieving light-produced current produced at the solar cell element to the outside and collecting finger electrodes (5b) connected to these bus bar electrodes (5a), and the bus bar electrodes (5a) are 0.5 mm through 2 mm in width and the finger electrodes (5b) are 0.05 mm through 0.1 mm in width. A high-efficient solar cell module can be obtained with substantially lowered resistance by increasing the number of bus bar electrodes (5a) and thereby decreasing the lengths of the finger electrodes (5b).

Solar Cell Module and Photovoltaic Power Generator Using This

Electric vehicles (EVs) are becoming an attractive alternative to gasoline vehicles owing to the increase of greenhouse gas emissions and gasoline prices. EVs are also expected to function as battery storages for stabilizing large fluctuations in the power grid through the vehicle-to-grid power system, which requires smart charge and discharge scheduling algorithms. In this paper, we develop a linear programming based heuristic algorithm on a time–space network model for charge and discharge scheduling of EVs. We also develop an improved two-stage heuristic algorithm to cope with uncertain demands and departure times of EVs, and evaluate the effect of the smart charge and discharge scheduling of EVs on a peak load reduction in a building energy management system.

A linear programming based heuristic algorithm for charge and discharge scheduling of electric vehicles in a building energy management system

We know very little about how a firm would compare against its peers when evaluated from a multiple-stakeholder perspective where the same variables are interpreted differently. Since most medium-to-large organizations acknowledge the multi-dimensional nature of their operations, finding out the performance evaluations of various stakeholders can inform managerial decision-making. Thus, the main motivation for this study is to capture the interactions among different perceptions on a common set of performance measures. Using data envelopment analysis (DEA), we work with an approach that allows a flexible designation of inputs and outputs based on varying perspectives of five key stakeholders in banking. The versatile approach demonstrates that different views from the stakeholder universe can be summarily captured in DEA scores. A numerical example on Chinese commercial banks identifies the compliant (efficient) banks versus rigid (inefficient) banks, as well as the amenable stakeholders (those evaluating banks as efficient) versus the recalcitrant stakeholders (those evaluating banks as inefficient). The aligned views held by management and shareholders as evidenced by significant correlation among performance rankings imply reduced agency costs. Similarly, shared perceptions between customers and employees may encourage management to examine how this important business interface can be improved.

Benchmarking firm performance from a multiple-stakeholder perspective with an application to Chinese banking

Data envelopment analysis (DEA) is a data oriented, non-parametric method to evaluate relative efficiency based on pre-selected inputs and outputs. In some cases, the performance model is not well defined, so it is critical to select the appropriate inputs and outputs by other means. When we have many potential variables for evaluation, it is difficult to select inputs and outputs from a large number of possible combinations. We propose an input output selection method that uses diagonal layout experiments, which is a statistical approach to find an optimal combination. We demonstrate the proposed method using financial statement data from NIKKEI 500 index.

/pdf/selecting-inputs-and-outputs-in-data-envelopment-analysis-by-11yvv4k9oj.pdf

Hiroshi Morita

Papers

A slack-based measure of efficiency in context-dependent data envelopment analysis

Solar Cell Module and Photovoltaic Power Generator Using This

A linear programming based heuristic algorithm for charge and discharge scheduling of electric vehicles in a building energy management system

Benchmarking firm performance from a multiple-stakeholder perspective with an application to Chinese banking

SELECTING INPUTS AND OUTPUTS IN DATA ENVELOPMENT ANALYSIS BY DESIGNING STATISTICAL EXPERIMENTS( Operations Research for Performance Evaluation)