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L47: Data envelopment analysis | example with multiple inputs & outputs

Автор: IIT Madras - B.S. Degree Programme

Загружено: 2022-02-18

Просмотров: 15848

Описание: Welcome to Lecture 47 of the course "Business Analytics" by Prof. Rahul R Marathe.
Full Course: https://study.iitm.ac.in/ds/course_pa...

Video Overview
This lecture explores Data Envelopment Analysis (DEA) in a multi-input, multi-output scenario. We evaluate the efficiency of various sales offices, each with different budgets and team sizes, aiming to optimize outputs like sales and leads. Since graphical methods are no longer feasible, we formulate and solve linear programming problems for each Decision-Making Unit (DMU) to calculate efficiency scores. The session walks through how to set up these optimization models in Excel and interpret the impact of weight choices on results. This is a practical look at applying DEA for performance benchmarking and resource evaluation in real-world business settings.

About IIT Madras' online Bachelor of Science programme
IIT Madras offers four-year BS programmes that aim to provide quality education to all, irrespective of age, educational background, or location. The BS programme has multiple levels, which provide flexibility to students to exit at any of these levels. Depending on the courses completed and credits earned, the learner can receive a Foundation Certificate from IITM CODE (Centre for Outreach and Digital Education), Diploma(s) from IIT Madras, or BSc/BS Degrees from IIT Madras.
For more details, Visit: https://www.iitm.ac.in/academics/stud...

#DataEnvelopmentAnalysis #DEA #EfficiencyAnalysis #LinearProgramming #Optimization #ExcelSolver #MultipleInputsOutputs #PerformanceMeasurement #SalesAnalysis #DecisionMakingUnits #DMU #EfficiencyFrontier #ManagementScience #OperationsResearch #BusinessAnalytics #ResourceAllocation #ExcelModeling #Benchmarking #OutputOptimization #InputEfficiency

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L47: Data envelopment analysis | example with multiple inputs & outputs

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