Data Envelopment Analysis (DEA) is a mathematical modeling technique that has been primarily used and implemented in the field of Operations Research and Management Science. DEA has since found applications in various disciplines, including Economics, Finance, Healthcare, Education, Environmental Studies, Transportation, and Logistics. These are just a few examples of the disciplines where DEA has been implemented as a tool. The versatility and broad applicability of DEA make it a valuable analytical technique for evaluating efficiency and guiding decision-making in various domains.
Recently, MATLAB's implementation of data envelopment analysis (DEA) aims to provide a powerful tool for scientists and engineers to analyze and optimize the efficiency and productivity of various processes. DEA is a technique used to evaluate the relative efficiency of a set of entities, by comparing their input-output relationships. The primary goals of implementing the DEA tool in MATLAB are as follows:
Efficiency Evaluation, Benchmarking and Best Practices, Input-Output Optimization, Sensitivity Analysis and Decision Support, Integration with Other MATLAB Features.
In summary, MATLAB's implementation of the DEA tool aims to empower scientists and engineers with a comprehensive and versatile framework for evaluating, benchmarking, and optimizing the efficiency and productivity of various processes. By providing robust analysis capabilities and integration with other MATLAB features, the tool facilitates informed decision-making and supports continuous improvement efforts.
You are free to discuss this further as your contributions are welcomed. At the moment, please contact the email provided if you are willing to publish a chapter in a multidisciplinary book for possible indexation in Scopus: [email protected] or follow the links below for more information about the book and submission. https://www.igi-global.com/publish/call-for-papers/call-details/6516, https://www.igi-global.com/book/data-envelopment-analysis-dea-methods/321646#description.
Also, if you are using MATLAB's implementation of data envelopment analysis (DEA) and planning to be part of the incoming book that is focusing on Science, IT, and Engineering using DEA, kindly send an email to [email protected] or [email protected]
This is a discussion (not a question), about the application of data envelopment analysis (DEA)/MATLAB in science, technology, and engineering.
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