Title: Data Envelopment Analysis: New Perspective
The speaker: Professor Joe Zhu, Worcester Polytechnic Institute (WPI) Foisie, USA
Host: Zhang Jinlong professor
Time£ºPM4:00 on Jul..31
Place: Room 119 in the School of Management
Abstract£ºData envelopment analysis (DEA) is a data-oriented tool that were primarily used for measuring relative efficiency. DEA has been regarded as a non-parametric approach to estimating production functions where multiple inputs and multiple outputs are present. In recent years, DEA has been applied in general benchmarking settings where a set of performance metrics are used to construct a DEA-based benchmarking index. This talk introduces some DEA uses in the area of data mining where a large amount of data are available.