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Publications and Research

2011

Data Envelopment Analysis

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Dea With A Perfect Object: Analytical Solutions, Alexander Vaninsky Jan 2011

Dea With A Perfect Object: Analytical Solutions, Alexander Vaninsky

Publications and Research

For the main DEA models, adding a Perfect Object—that is, a virtual object that has the smallest inputs and greatest outputs—to a collection of actual objects permits obtaining solutions analytically. The paper derives formulas for the solutions and demonstrates that computations with them comprise simple operations with ratios of inputs and outputs while avoiding the use of linear programming (LP) algorithms. A numerical example illustrates the utility of the approach.