Abstract
In this chapter, we continue the discussions in Chap. 1. Step by step, we built the mathematical background of the requirement axioms to measure the performance of homogenous firms. We similarly start with a question from the gemstone company and gradually illustrate the new concepts. The provided concepts are not new, and have been mentioned in the literature of operations research; however, in order to avoid any confusion and pretend judgment based on the literature, only the concepts are re-introduced and the pros and cons of each concept are demonstrated. We also provide a philosophical argument to clarify some of the concepts. At the end of this chapter, readers will have an understanding of the overall concepts used to measure the performance of firms and will be ready to develop the mathematical background for complex situations.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2018 Springer International Publishing AG, part of Springer Nature
About this chapter
Cite this chapter
Khezrimotlagh, D., Chen, Y. (2018). Possibility and Practicability. In: Decision Making and Performance Evaluation Using Data Envelopment Analysis. International Series in Operations Research & Management Science, vol 269. Springer, Cham. https://doi.org/10.1007/978-3-319-76345-3_2
Download citation
DOI: https://doi.org/10.1007/978-3-319-76345-3_2
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-76344-6
Online ISBN: 978-3-319-76345-3
eBook Packages: Business and ManagementBusiness and Management (R0)