Application of a mixed DEA model to evaluate relative efficiency validity

Abstract

Data envelopment analysis(DEA) model is widely used to evaluate the relative efficiency of producers. It is a kind of objective decision method with multiple indexes. However, the two basic models frequently used at present, the C²R model and the C²GS² model have limitations when used alone, resulting in evaluations that are often unsatisfactory. In order to solve this problem, a mixed DEA model is built and is used to evaluate the validity of the business efficiency of listed companies. An explanation of how to use this mixed DEA model is offered and its feasibility is verified.

Keywords

decision making units(DMU) / efficiency evaluating / mixed dat a envelopment analysis, (DEA) model / relative efficiency