TY - JOUR
T1 - Developing a new chance-constrained data envelopment analysis in the presence of stochastic data
AU - Momeni, Ehsan
AU - Farzipoor Saen, Reza
PY - 2012/5
Y1 - 2012/5
N2 - Outsourcing in logistics is a very significant theme and third-party reverse logistics (3PL) provider evaluation and selection has to be realised in a careful manner in order to provide the expected benefits. Data envelopment analysis (DEA) has been successfully used to select the most efficient supplier(s) in a supply chain. In this study, a new Russell chance-constrained data envelopment analysis (RCCDEA) approach is proposed to assist the decision-makers to determine the most appropriate 3PL providers in the presence of multiple performance measures that are uncertain. Because of the complexity of the proposed model, a genetic algorithm is presented as a solution procedure to obtain near to optimum solutions. The usefulness of the proposed model and algorithm was validated by its application to an illustrative example.
AB - Outsourcing in logistics is a very significant theme and third-party reverse logistics (3PL) provider evaluation and selection has to be realised in a careful manner in order to provide the expected benefits. Data envelopment analysis (DEA) has been successfully used to select the most efficient supplier(s) in a supply chain. In this study, a new Russell chance-constrained data envelopment analysis (RCCDEA) approach is proposed to assist the decision-makers to determine the most appropriate 3PL providers in the presence of multiple performance measures that are uncertain. Because of the complexity of the proposed model, a genetic algorithm is presented as a solution procedure to obtain near to optimum solutions. The usefulness of the proposed model and algorithm was validated by its application to an illustrative example.
KW - 3PL providers selection
KW - CCDEA
KW - Chance-constrained data envelopment analysis
KW - Data envelopment analysis
KW - DEA
KW - GA
KW - Genetic algorithm
KW - Russell measure
KW - Russell model
KW - Third-party reverse logistics provider
UR - http://www.scopus.com/inward/record.url?scp=84860767061&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84860767061&partnerID=8YFLogxK
U2 - 10.1504/IJBEX.2012.046638
DO - 10.1504/IJBEX.2012.046638
M3 - Article
AN - SCOPUS:84860767061
SN - 1756-0047
VL - 5
SP - 169
EP - 194
JO - International Journal of Business Excellence
JF - International Journal of Business Excellence
IS - 3
ER -