Research Article

Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm

Volume: 11 Number: 2 July 1, 2024
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Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm

Abstract

The paper and paper products printing sector plays a crucial role in generating income, creating employment opportunities, and supporting exports and various industries. Measuring the efficiency of companies operating in this sector is important in identifying areas for improvement and enhancing overall performance. In this study, a two-stage DEA (data envelopment analysis)-AHP (analytic hierarchy process) approach is proposed to analyze the efficiency of twelve paper and paper products printing companies traded on Borsa Istanbul. The modified DEA method is employed to make pairwise comparisons of the companies. Total assets, total equity, and the number of employees are selected as inputs, while revenue and net profit are considered as outputs. The AHP method prioritizes the companies by considering the outputs of the mathematical models constructed via DEA. The proposed framework presents a different view because it contributes to identifying the most efficient company, benchmarking company performance, and determining areas for improvement.

Keywords

Analytic Hierarchy Process, Data Envelopment Analysis, Efficiency Measurement, Forest Products Industry

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APA
Singer, H. (2024). Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm. Optimum Ekonomi Ve Yönetim Bilimleri Dergisi, 11(2), 215-238. https://doi.org/10.17541/optimum.1417219
AMA
1.Singer H. Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm. OJEMS. 2024;11(2):215-238. doi:10.17541/optimum.1417219
Chicago
Singer, Hilal. 2024. “Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm”. Optimum Ekonomi Ve Yönetim Bilimleri Dergisi 11 (2): 215-38. https://doi.org/10.17541/optimum.1417219.
EndNote
Singer H (July 1, 2024) Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm. Optimum Ekonomi ve Yönetim Bilimleri Dergisi 11 2 215–238.
IEEE
[1]H. Singer, “Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm”, OJEMS, vol. 11, no. 2, pp. 215–238, July 2024, doi: 10.17541/optimum.1417219.
ISNAD
Singer, Hilal. “Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm”. Optimum Ekonomi ve Yönetim Bilimleri Dergisi 11/2 (July 1, 2024): 215-238. https://doi.org/10.17541/optimum.1417219.
JAMA
1.Singer H. Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm. OJEMS. 2024;11:215–238.
MLA
Singer, Hilal. “Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm”. Optimum Ekonomi Ve Yönetim Bilimleri Dergisi, vol. 11, no. 2, July 2024, pp. 215-38, doi:10.17541/optimum.1417219.
Vancouver
1.Hilal Singer. Application of a Performance Evaluation Model to the Paper and Paper Products Printing Sector: The DEA-AHP Hybrid Algorithm. OJEMS. 2024 Jul. 1;11(2):215-38. doi:10.17541/optimum.1417219