Title :
DEA-based performance predictive design of complex dynamic system usiness process improvement
Author :
Zhou, Yonghua ; Yuliu Chen
Author_Institution :
Dept. of Autom., Tsinghua Univ., Beijing, China
Abstract :
Business performance prediction draws a vision that accounts for the measures of business process improvement through benchmarking which is to find best practices in an industry or organization and suggest solutions for business process improvement. Data envelopment analysis (DEA), a nonparametric mathematical programming, is utilized for business performance prediction that gives the best benchmark of business process improvement. The DEA-based benchmarking procedure and SA (slacks-adjusted)-AR (assurance region)-DEA model-based performance predictive design models are developed in this paper. The predictive design method considering business constraints on efficient frontiers of decision-making units (DMUs) is a kind of quantitative business knowledge discovery based on historical business data that synthetically takes both successful and impolitic business practices of various organizations or within an organization into consideration.
Keywords :
commerce; data envelopment analysis; decision making; mathematical programming; nonparametric statistics; organisational aspects; DEA based performance predictive design; benchmarking; business constraints; business performance prediction; business process improvement; complex dynamic system; data envelopment analysis; decision making units; nonparametric mathematical programming; organisational aspects; quantitative business knowledge discovery; Automation; Best practices; Business process re-engineering; Companies; Data envelopment analysis; Decision making; Design methodology; Mathematical programming; Performance analysis; Predictive models;
Conference_Titel :
Systems, Man and Cybernetics, 2003. IEEE International Conference on
Print_ISBN :
0-7803-7952-7
DOI :
10.1109/ICSMC.2003.1244349