A key resource and framework for assessing the performance of
competing entities, including forecasting models
Advances in DEA Theory and Applications provides a much-needed
framework for assessing the performance of competing entities with
special emphasis on forecasting models. It helps readers to determine
the most appropriate methodology in order to make the most accurate
decisions for implementation. Written by a noted expert in the field,
this text provides a review of the latest advances in DEA theory and
applications to the field of forecasting.
Designed for use by anyone involved in research in the field of
forecasting or in another application area where forecasting drives
decision making, this text can be applied to a wide range of contexts,
including education, health care, banking, armed forces, auditing,
market research, retail outlets, organizational effectiveness,
transportation, public housing, and manufacturing. This vital resource:
- Explores the latest developments in DEA frameworks for the performance
evaluation of entities such as public or private organizational
branches or departments, economic sectors, technologies, and stocks
- Presents a novel area of application for DEA; namely, the performance
evaluation of forecasting models
- Promotes the use of DEA to assess the performance of forecasting
models in a wide area of applications
- Provides rich, detailed examples and case studies
Advances in DEA Theory and Applications includes information on a
balanced benchmarking tool that is designed to help organizations
examine their assumptions about their productivity and performance.