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Benchmarking in Data Envelopment Analysis: An Approach Based on Genetic Algorithms and Parallel Programming

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  • Juan Aparicio
  • Jose J. Lopez-Espin
  • Raul Martinez-Moreno
  • Jesus T. Pastor

Abstract

Data Envelopment Analysis (DEA) is a nonparametric technique to estimate the current level of efficiency of a set of entities. DEA also provides information on how to remove inefficiency through the determination of benchmarking information. This paper is devoted to study DEA models based on closest efficient targets, which are related to the shortest projection to the production frontier and allow inefficient firms to find the easiest way to improve their performance. Usually, these models have been solved by means of unsatisfactory methods since all of them are related in some sense to a combinatorial NP-hard problem. In this paper, the problem is approached by genetic algorithms and parallel programming. In addition, to produce reasonable solutions, a particular metaheuristic is proposed and checked through some numerical instances.

Suggested Citation

  • Juan Aparicio & Jose J. Lopez-Espin & Raul Martinez-Moreno & Jesus T. Pastor, 2014. "Benchmarking in Data Envelopment Analysis: An Approach Based on Genetic Algorithms and Parallel Programming," Advances in Operations Research, Hindawi, vol. 2014, pages 1-9, February.
    • Handle: RePEc:hin:jnlaor:431749
    DOI: 10.1155/2014/431749
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    Cited by:

    1. Alexander P. Afanasiev & Vladimir E. Krivonozhko & Andrey V. Lychev & Oleg V. Sukhoroslov, 2020. "Multidimensional frontier visualization based on optimization methods using parallel computations," Journal of Global Optimization, Springer, vol. 76(3), pages 563-574, March.

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