{"id":25276,"date":"2022-01-13T15:08:00","date_gmt":"2022-01-13T14:08:00","guid":{"rendered":"https:\/\/cio.umh.es\/?p=25276"},"modified":"2022-01-13T15:08:00","modified_gmt":"2022-01-13T14:08:00","slug":"zhu-q-aparicio-j-li-f-wu-j-kou-g-2022-determining-closest-targets-on-the-extended-facet-production-possibility-set-in-data-envelopment-analysis-modeling-and-computational-aspects","status":"publish","type":"post","link":"https:\/\/cio.umh.es\/en\/2022\/01\/13\/zhu-q-aparicio-j-li-f-wu-j-kou-g-2022-determining-closest-targets-on-the-extended-facet-production-possibility-set-in-data-envelopment-analysis-modeling-and-computational-aspects\/","title":{"rendered":"Zhu, Q., Aparicio, J., Li, F., Wu, J., Kou, G. (2022) \u00abDetermining closest targets on the extended facet production possibility set in data envelopment analysis: Modeling and computational aspects\u00bb, European Journal of Operational Research, 296 (3):927\u2013939"},"content":{"rendered":"<p class=\"AuthorHeader-module__syvlN margin-size-4-t\"><strong style=\"font-size: 18px\">Qingyuan Zhu (College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing), Juan Aparicio (<em>University Miguel Hern\u00e1ndez of Elche<\/em>),\u00a0 Feng Li (Southwestern University of Finance and Economics, Chengdu), Jie Wu and Gang Kou (School of Management, University of Science and Technology of China, Hefei)\u00a0<\/strong><\/p>\n<p><strong>Abstract:\u00a0<\/strong><span>Within the framework of data envelopment analysis (DEA) methodology, the problem of determining the closest targets on the efficient frontier is receiving increased attention from both academics and practitioners. In the literature, the number of approaches to this problem are increasing, most of which are based on the computation of closest targets. Some of the existing approaches satisfy the important property of strong monotonicity. However, they tend to either propose a complex conceptual framework and multi-stage procedure or change the original definition of H\u00f6lder distance functions. Clearly, these approaches cannot be solved easily when there are many \u201cextreme\u201d efficient units with multiple inputs and multiple outputs. To solve this problem, we consider the notion of the extended facet production possibility set (EFPPS). In particular, we propose a Mixed Integer Linear Program (MILP) to find the closest efficient targets and that is related to a measure that satisfies the strong monotonicity property. Additionally, in this paper, the proposed approach is applied to real data from 38 universities involved in China&#8217;s 985 university project.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Qingyuan Zhu (College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing), Juan Aparicio (University Miguel Hern\u00e1ndez of Elche),\u00a0 Feng Li (Southwestern University of Finance and Economics, Chengdu), Jie Wu and Gang Kou (School of Management, University of Science and Technology of China, Hefei)\u00a0<br \/>\nAbstract:\u00a0Within the framework of data envelopment analysis (DEA) methodology, the [&#8230;]<\/p>","protected":false},"author":5675,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[369888],"tags":[],"_links":{"self":[{"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/posts\/25276"}],"collection":[{"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/users\/5675"}],"replies":[{"embeddable":true,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/comments?post=25276"}],"version-history":[{"count":0,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/posts\/25276\/revisions"}],"wp:attachment":[{"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/media?parent=25276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/categories?post=25276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/tags?post=25276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}