Excerpt from Measurement of Relative Efficiency of Health Service Organizations With Data Envelopment Analysis: A Simulation
A final distinction is that this paper will deal with measure ment of technical efficiency in contrast to price or allocative efficiency. An organization is technically inefficient if it is possible to increase physical outputs without increasing its inputs, or if it can decrease the inputs without decreasing its outputs Price efficiency - the purchasing of inputs at the lowest price and sale of outputs for the highest price-and allocative efficiency the use of the correct mix of inputs based on the relative prices are of importance but need not and will not be considered concur rently with technical inefficiency. By focusing on the physical inputs and outputs that determine technical efficiency, we can determine if the firm could become more efficient regardless of whether it is efficient with respect to price and allocation considerations.
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Excerpt from Measurement of Relative Efficiency of Health Service Organizations With Data Envelopment Analysis: A Simulation
A final distinction is that this paper will deal with measure ment of technical efficiency in contrast to price or allocative efficiency. An organization is technically inefficient if it is possible to increase physical outputs without increasing its inputs, or if it can decrease the inputs without decreasing its outputs Price efficiency - the purchasing of inputs at the lowest price and sale of outputs for the highest price-and allocative efficiency the use of the correct mix of inputs based on the relative prices are of importance but need not and will not be considered concur rently with technical inefficiency. By focusing on the physical inputs and outputs that determine technical efficiency, we can determine if the firm could become more efficient regardless of whether it is efficient with respect to price and allocation considerations.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from Measurement of Relative Efficiency of Health Service Organizations With Data Envelopment Analysis: A Simulation
Data Envelopment Analysis (DEA), a new methodology based on linear programming concepts, provides an approach to evaluate the relative technical efficiency of nonprofit organizations which have multiple inputs and outputs. This approach potentially will identify inefficient units and the magnitude of the inefficiency to provide a basis to select inefficient units for management review or efficiency audits and to help locate areas where operations might be improved. This is believed to be an improvement over existing approaches to evaluate efficiency of such organizations and is directed toward health service organizations in this study because of the potential value of such an approach in this sector.
This paper investigates an application of DEA to an artificial data set reflecting the operations of a hospital department. The underlying technology is specified from which a set of efficient and inefficient hospital units are developed. Without knowledge of this technology, DEA accurately identifies the inefficient units when the inputs and outputs are properly specified. In contrast, the widely used single-output measures applied to this data set are found to be less reliable in this multiple output environment. The strengths and limitations of DEA are further elaborated to anticipate issues that may arise in subsequent field applications of DEA to hospitals.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Paperback. Condición: New. Print on Demand. This book introduces a new approach to evaluating the relative technical efficiency of nonprofit organizations that have multiple inputs and outputs. The approach is based on linear programming concepts and provides a way to identify inefficient units and the magnitude of their inefficiency. The author investigated an application of this approach to an artificial data set reflecting the operations of a hospital department. Without knowledge of the underlying technology, the approach accurately identified the inefficient units when the inputs and outputs were properly specified. Also elaborated are the strengths and limitations of this approach to address issues that may arise in subsequent field applications. This book will be of interest to managers attempting to compare and evaluate operations of nonprofit organizations such as municipalities, government agencies, universities, and hospitals. The insights on technical efficiency from this book are significant for understanding how resources can be best utilized to improve efficiency. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Nº de ref. del artículo: 9781332269433_0
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PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781332269433
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PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781332269433
Cantidad disponible: 15 disponibles