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An integrated solution for benchmarking using DEA,gray entropy,and Borda count
Authors:Wei-Wen Wu
Institution:1. Department of International Trade , Ta Hwa Institute of Technology , 1.Ta Hwa Road, Chiung-Lin, Hsin-Chu, 307, Taiwan, Republic of China itmike@thit.edu.tw
Abstract:The challenge of finding a system for effective benchmarking has recently become a key issue, as enterprises experience ever-increasing needs to struggle for competitive advantage and performance improvement in productivity. Identifying the best performer is the pivotal element in the process of benchmarking. In the search for the best performer, this paper proposes using the super-efficiency DEA model and the gray entropy scoring method to conduct the relevant efficiency evaluation and ranking, and using the Borda count to incorporate the ranked lists. The research findings show that the proposed solution can provide valuable insights as well as discover the best performer for informed analysis.
Keywords:benchmarking  efficiency evaluation  DEA  gray entropy  Borda count
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