Authors
Dariusz Grynia, Miłosz Kadziński, Mladen Stamenković
Publication date
2024/4/1
Journal
Computers & Industrial Engineering
Volume
190
Pages
110065
Publisher
Pergamon
Description
We consider a ratio-based efficiency analysis in view of achieving performance targets by Decision Making Units. The targets refer to the efficiency scores or ranks and the truth of pairwise preference relations. These outcomes can be instantiated for at least one or all feasible weights associated with inputs and outputs. We discuss Multiple Objective Optimization problems that minimize the required reductions of consumed resources or increases of produced results needed to reach the pre-defined aims. The proposed models offer great flexibility to the Decision Maker, who can indicate which factors should be modified and to which extent. The evolutionary optimization algorithm computes a set of solutions that exhibit the trade-offs between expected modifications of various factors. They can serve as the basis for interactively selecting the most preferred solution to be implemented in practice. The use of the …
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