A Scenario-based Model for Resource Allocation with Price Information

A Scenario-based Model for Resource Allocation with Price Information

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In this paper, we consider the problem of allocating resources among Decision Making natio celebrate eyeshadow palette Units (DMUs).Regarding the concept of overall (cost) efficiency, we consider three different scenarios and formulate three Resource Allocation (RA) models correspondingly.In the first scenario, we assume that overall efficiency of each unit remains unchanged.The second scenario is related remtavares.com to the case where none of overall efficiency scores is deteriorated.We improve the overall efficiencies by a pre-determined percentage in the last scenario.

We formulate Linear Programming problems to allocate resources in all scenarios.All three scenarios are illustrated through numerical and empirical examples.