40 Q6: DEA is used to measure relative efficiency of a restaurant chain run by BCD...
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40 Q6: DEA is used to measure relative efficiency of a restaurant chain run by BCD Inc in the tri state area. The purpose is to rank-order the restaurants in terms of their performance/efficiency so that performance of the lagging units could be improved. Input measures and output measures of included restaurants are given in the tables below - Restaurant A B C D E F Hours of Operation Input Measures $3,800 $4,600 $4,400 $6,500 $6,000 $6,250 96 110 100 125 120 130 Output Measures Restaurant Weekly Profit Market Share (%) A B C D E F FTE Staff 16 22 18 25 24 27 25 32 35 30 28 26 Supplies 850 1400 1200 1500 1600 1700 Growth Rate (%) 8.0 8.5 8.0 10.0 9.0 7.5 a) Develop LP models and rank-order the restaurants by their performance. b) Develop a report based on your findings and provide recommendations for improvements. 40 Q6: DEA is used to measure relative efficiency of a restaurant chain run by BCD Inc in the tri state area. The purpose is to rank-order the restaurants in terms of their performance/efficiency so that performance of the lagging units could be improved. Input measures and output measures of included restaurants are given in the tables below - Restaurant A B C D E F Hours of Operation Input Measures $3,800 $4,600 $4,400 $6,500 $6,000 $6,250 96 110 100 125 120 130 Output Measures Restaurant Weekly Profit Market Share (%) A B C D E F FTE Staff 16 22 18 25 24 27 25 32 35 30 28 26 Supplies 850 1400 1200 1500 1600 1700 Growth Rate (%) 8.0 8.5 8.0 10.0 9.0 7.5 a) Develop LP models and rank-order the restaurants by their performance. b) Develop a report based on your findings and provide recommendations for improvements.
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a Develop LP models and rankorder the restaurants by their performance LP models can be used to rankorder restaurants by their performance The objecti... View the full answer
Related Book For
An Introduction to Statistical Methods and Data Analysis
ISBN: 978-1305269477
7th edition
Authors: R. Lyman Ott, Micheal T. Longnecker
Posted Date:
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