Implementation of flexible DEA structure in the management of business processes

This paper presents some statistical tests that can be used to test hypotheses of interest for implementing new technologies and improving the efficiency, functionality and business performance of business systems or companies. DEA is a non-parametric technique based on linear programming for measur...

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Main Authors: Šegrt Slobodan, Tomić Radoljub, Anđelković Maja
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2023-01-01
Series:Trendovi u Poslovanju
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Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2023/2334-816X2301028Q.pdf
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author Šegrt Slobodan
Tomić Radoljub
Anđelković Maja
author_facet Šegrt Slobodan
Tomić Radoljub
Anđelković Maja
author_sort Šegrt Slobodan
collection DOAJ
description This paper presents some statistical tests that can be used to test hypotheses of interest for implementing new technologies and improving the efficiency, functionality and business performance of business systems or companies. DEA is a non-parametric technique based on linear programming for measuring the efficiency of decision-making units (DMU) with heterogeneous inputs/outputs. Generally speaking, DEA has a possible large number of inputs and outputs, and the essential problem is that it is often not clear which inputs and which outputs should be chosen when applied to a real problem, that is, when evaluating the efficiency of the system. In tests, the deviation from the DEA borderline can be viewed as a stochastic variable. The DEA estimate is certainly biased in finite samples (debatable statistics), while the expected value of the DEA efficiency is almost certainly the true value of the parameter in large samples (complete statistics). The application of a flexible DEA structure is significant, if there are situations where insufficient information can prevent the use of parametric statistical tests in the processes and outcomes of management and production. The possibility of using DEA analysis in researching the efficiency of constituent units (branches; decision-making unit - DMU) of business systems should be taken into account in research concerning the functionality of business systems and their optimization in terms of productivity, efficiency and functionality. The research results in this paper are presented in tabular and graphical form.
format Article
id doaj-art-ef2300b68b8f4836815df72c118d220d
institution Kabale University
issn 2334-816X
2334-8356
language English
publishDate 2023-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-ef2300b68b8f4836815df72c118d220d2025-02-10T19:38:24ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562023-01-01111284210.5937/trendpos2301028S2334-816X2301028QImplementation of flexible DEA structure in the management of business processesŠegrt Slobodan0Tomić Radoljub1Anđelković Maja2Fakultet za poslovne studije i pravo, Beograd, SerbiaFakultet za poslovne studije i pravo, Beograd, SerbiaFakultet za poslovne studije i pravo, Beograd, SerbiaThis paper presents some statistical tests that can be used to test hypotheses of interest for implementing new technologies and improving the efficiency, functionality and business performance of business systems or companies. DEA is a non-parametric technique based on linear programming for measuring the efficiency of decision-making units (DMU) with heterogeneous inputs/outputs. Generally speaking, DEA has a possible large number of inputs and outputs, and the essential problem is that it is often not clear which inputs and which outputs should be chosen when applied to a real problem, that is, when evaluating the efficiency of the system. In tests, the deviation from the DEA borderline can be viewed as a stochastic variable. The DEA estimate is certainly biased in finite samples (debatable statistics), while the expected value of the DEA efficiency is almost certainly the true value of the parameter in large samples (complete statistics). The application of a flexible DEA structure is significant, if there are situations where insufficient information can prevent the use of parametric statistical tests in the processes and outcomes of management and production. The possibility of using DEA analysis in researching the efficiency of constituent units (branches; decision-making unit - DMU) of business systems should be taken into account in research concerning the functionality of business systems and their optimization in terms of productivity, efficiency and functionality. The research results in this paper are presented in tabular and graphical form.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2023/2334-816X2301028Q.pdfbusiness systemerpdeacomposite indicatorsproductivityefficiencydata imputation
spellingShingle Šegrt Slobodan
Tomić Radoljub
Anđelković Maja
Implementation of flexible DEA structure in the management of business processes
Trendovi u Poslovanju
business system
erp
dea
composite indicators
productivity
efficiency
data imputation
title Implementation of flexible DEA structure in the management of business processes
title_full Implementation of flexible DEA structure in the management of business processes
title_fullStr Implementation of flexible DEA structure in the management of business processes
title_full_unstemmed Implementation of flexible DEA structure in the management of business processes
title_short Implementation of flexible DEA structure in the management of business processes
title_sort implementation of flexible dea structure in the management of business processes
topic business system
erp
dea
composite indicators
productivity
efficiency
data imputation
url https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2023/2334-816X2301028Q.pdf
work_keys_str_mv AT segrtslobodan implementationofflexibledeastructureinthemanagementofbusinessprocesses
AT tomicradoljub implementationofflexibledeastructureinthemanagementofbusinessprocesses
AT anđelkovicmaja implementationofflexibledeastructureinthemanagementofbusinessprocesses