Joe Zhu School of Business Worcester Polytechnic Institute Worcester, MA 01609 jzhu@wpi.edu www.deafrontier.net
The Banking industry has been the subject of DEA analysis by researchers in various areas and probably is the most heavily studied business
Bank Branch
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D
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Output augmentation
K D Input reduction
Input
min subject to n j x ij x io
*
j y rj y ro
j= 1 j= 1 n j
j 1 n
j 0
Effective way for dealing with data and modeling Spreadsheet Modeling
Enter data Cells for decision variables Cell for objective function Cells for right-hand side Cells for left-hand side
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The Model
Formulas
INDEX(array,row number,column number) returns the value in the specified row and column of the given array
Solver
Solver Parameters
VBA code
Insert a Module
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VB Editor
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VBA Code
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SolverSolve UserFinish:=True tells the Solver to solve the DEA problem without displaying the Solver Results dialog box Offset(rowOffset, columnOffset) property takes two arguments that correspond to the relative position from the upper-left cell of the specified Range The statements With Range(J1) and .Offset(DMUNo, 0)=Range(F19) take the optimal objective function value (efficiency score) in cell F19 and place it in cell J DMUNo (that is, cell J2, J3, , J16)
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Enter the Run Macro dialog box by pressing Alt-F8 key combination
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DEAFrontier
Add-In for Microsoft Excel and provides a custom menu of DEA approaches which include more than 150 different DEA models Does not set limit on the number of units, inputs or outputs. With the capacity of Excel Solver, the DEAFrontier can deal with large sized performance evaluation tasks DEAFrntier with OpenSolver www.deafrontier.net
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OpenSolver
Opensolver.org No artificial limits DEAFrontier version designed for use with OpenSolver
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DEA Text
W.D. Cook and Joe Zhu, Data Envelopment Analysis: Modeling Operational Processes and Measuring Productivity, 2008, ISBN/EAN13: 1434830233 / 9781434830234
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