DATA ENVELOPMENT ANALYSIS AS A METHOD TO MEASURE EFFICIENCY OF PERFORMANCE IN CO-OPERATIVES
Publication Date : 01/07/2006
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Abstract :
This article basically discusses an introduction to the Data Envelopment Analysis (DEA) method, the work of Farrell (1957) which is extended by Charnes, Cooper and Rhodes (1978) and Banker, Charnes and Cooper (1984). Researchers in operational research and economic have worked actively with DEA in measuring performance of profit and non-profit organisation such as health care, agricultural production, banking and many other applications. However this method is rare in application of co-operative research. As this method has its special characteristics that outperformed many other methods in performance analysis, thus this article is focused on the usefulness of the method that is worth to be considered. Perhaps this method will solve some issues in treating the multiple inputs and outputs variables in cooperative performance analysis
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