Using data envelopment analysis for costing bank products
Article Abstract:
A study was conducted to develop effective and accurate cost estimates for different bank products by using Data Envelopment Analysis (DEA). Results are hoped to support the improvement of decision making in product mixture and pricing of banks at the branch level and enhance production. Results show that DEA and Activity Based Costing could be used under one scope of study since they have common objectives. The static nature of DEA frameworks and the difficulty it provides to communicate with practitioners, however, remains its limitating factors.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1999
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Fast simulation of blocking probabilities in loss networks
Article Abstract:
The use of asymptotic techniques to approximate blocking probability in a loss network yielded an understanding of the problem of the decay rate of the loss probability as a solution of a convex programming problem. The robustness of the simulation technique lies in the fast sampling which emphasizes importance sampling, with each probability of generated problem subspace compared with problem solution.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1997
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