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Developing a fuzzy enhanced Russell measure for media selection

Author

Listed:
  • Nazanin Ahmady
  • Reza Farzipoor Saen
  • Elham Ahmady
  • Amir Hossein Sadeghi

Abstract

Nowadays, companies spend a lot of money on advertising, but in many situations much of their expenditures are wasted. One of the important factors that can prevent this wasting is selecting the right media. This paper proposes a fuzzy enhanced Russell measure data envelopment analysis (FERM-DEA) model for selecting media in the presence of fuzzy data and enables the decision maker to evaluate full efficiency and compare them with each other. A numerical example validates the proposed model.

Suggested Citation

  • Nazanin Ahmady & Reza Farzipoor Saen & Elham Ahmady & Amir Hossein Sadeghi, 2015. "Developing a fuzzy enhanced Russell measure for media selection," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 9(4), pages 470-485.
  • Handle: RePEc:ids:ijbire:v:9:y:2015:i:4:p:470-485
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