Use of Data Envelopment Analysis in Cost Analysis and Estimating,

Abstract

Data Envelopment Analysis (DEA) was developed with the idea of evaluating the performance (measurign productivity or efficiency) of not-for-profit organizations. However, it appears that DEA also has potential as a tool for use in 'traditional' cost estimating/analysis roles. The purpose of this paper is to briefly introduce the DEA methodology to the cost analysis community. We proceed in this paper by first presenting the DEA model formulation. This is followed by a description of the characteristics and conventions of the DEA model. The next section provides an example of the formulation of the DEA model for a specific analysis. The paper concludes with a discussion on possible avenues of DEA use in cost estimating/analysis.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1985
Accession Number
ADA162377

Entities

People

  • William F. Bowlin

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Air Platforms
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Aircraft Maintenance
  • Analysis Of Variance
  • Civil Engineering
  • Computer Programming
  • Cost Analysis
  • Cost Estimates
  • Costs
  • Efficiency
  • Equations
  • Linear Programming
  • Logistics
  • Maintenance
  • Observation
  • Productivity
  • Standards

Readers

  • Business Analytics
  • Industrial Economics
  • Operations Research