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author:

Chu, J. (Chu, J..) [1] | Wu, J. (Wu, J..) [2] | Chu, C. (Chu, C..) [3] | Liu, M. (Liu, M..) [4]

Indexed by:

Scopus

Abstract:

This paper addresses an advanced manufacturing technology selection problem by proposing a new common-weight multi-criteria decision-making (MCDM) approach in the evaluation framework of data envelopment analysis (DEA). We improve existing technology selection models by giving a new mathematical formulation to simplify the calculation process and to ensure its use in more general situations with multiple inputs and multiple outputs. Further, an algorithm is provided to solve the proposed model based on mixed-integer linear programming and dichotomy. Compared with previous approaches for technology selection, our approach brings new contributions. First, it guarantees that only one decision-making unit (DMU) (referring to a technology) can be evaluated as efficient and selected as the best performer while maximising the minimum efficiency among all the DMUs. Second, the number of mixed-integer linear programs to solve is independent of the number of candidates. In addition, it guarantees the uniqueness of the final optimal set of common weights. Two benchmark instances are used to compare the proposed approach with existing ones. A computational experiment with randomly generated instances is further proceeded to show that the proposed approach is more suitable for situations with large datasets. © 2019, © 2019 Informa UK Limited, trading as Taylor & Francis Group.

Keyword:

common weight; data envelopment analysis; mixed-integer linear programming; multi-criteria decision-making; Technology selection

Community:

  • [ 1 ] [Chu, J.]School of Business, Central South University, Hunan, China
  • [ 2 ] [Wu, J.]School of Management, University of Science and Technology of China, Hefei, China
  • [ 3 ] [Chu, C.]School of Economics & Management, Fuzhou University, Fuzhou, Fujian, China
  • [ 4 ] [Chu, C.]ESIEE Paris, Université Paris-Est, Noisy-le-Grand Cedex, France
  • [ 5 ] [Liu, M.]School of Economics & Management, Tongji University, Shanghai, China

Reprint 's Address:

  • [Chu, C.]School of Economics & Management, Fuzhou UniversityChina

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Source :

International Journal of Production Research

ISSN: 0020-7543

Year: 2020

Issue: 12

Volume: 58

Page: 3686-3700

8 . 5 6 8

JCR@2020

7 . 0 0 0

JCR@2023

ESI HC Threshold:132

JCR Journal Grade:1

CAS Journal Grade:2

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count: 23

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

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