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Global Journal of Technology and Optimization

ISSN: 2229-8711

Open Access

PROJECT Method for Optimization of Target Model in DEA

Abstract

Abbas Ali Noura

In this paper, we concentrate on performance assessment of special target model in data envelopment analysis (DEA) with use a comprehensive interactive method with name PROJECT method. Interactive methods in multiple objectives programming (MOP) are methods that can help to decision maker (DM) to generate the most preferred solution (MPS). The PROJECT method is able to obtain any efficient solution, contain nonsupport efficient solution and also identify the MPS, even in nonconvex cases. This comprehensive model belongs to the class of interactive local trade-off methods, which is generated by combination the projection of the gradient of an implicit utility function on to the tangent plane of efficient frontier and the reference-point method to search for the best compromise solution within a local region. In this study, we will use the target model since this model focuses on decreasing total input consumption and increasing total output production which results in solving one mathematical model instead of n models, also the PROJECT method to showing the decision maker (DM) preferences in the process of assessing efficiency in the target model in DEA with any prior judgments. Numerical example is examined how the DEA model efficiency analysis can be conducted using the interactive PROJECT for setting realistic target values.

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