Abstract
Nowadays, companies spend a lot of money on advertising, but in many situations much of their expenditures are wasted. One of the important factors that can prevent this wasting is selecting the right media. This paper proposes a fuzzy enhanced Russell measure data envelopment analysis (FERM-DEA) model for selecting media in the presence of fuzzy data and enables the decision maker to evaluate full efficiency and compare them with each other. A numerical example validates the proposed model.
Original language | English |
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Pages (from-to) | 470-485 |
Number of pages | 16 |
Journal | International Journal of Business Innovation and Research |
Volume | 9 |
Issue number | 4 |
DOIs | |
Publication status | Published - 2015 |
Keywords
- Data envelopment analysis
- Enhanced Russell measure
- ERM
- Full efficiency
- Fuzzy data
- Media selection
ASJC Scopus subject areas
- Business and International Management
- Management of Technology and Innovation