![]() ![]() It needs no assumptions about the production function, and also the DEA can manage situations where several inputs and outputs are observed. The DEA provides many benefits over other approach. ![]() It can manage situations where several inputs and outputs are observed, and also no clear method to elucidate a single measure of the effectiveness is found. ![]() The DEA assumes that multiple inputs and outputs are observed for each DMU, and also the effectiveness of the DMU is assessed through comparing the ratio of output to input with that of other DMUs. DEA is commonly employed in the different fields, such as finance, economics, management, and engineering. It is a non-parametric approach that assesses the effectiveness of DMUs based on their inputs and outputs. An Introduction to the Data envelopment Analysis (DEA)ĭEA representing data envelopment analysis is considered as a powerful method employed in multi-criteria decision making that assesses the relative effectiveness of a set of decision-making units (DMUs). ![]()
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