A third-party logistics (TLP) provider’s outsourcing mode is developed to support the economic activities for various industries. The aim of this research is to assess the efficiency of 10 large TPL providers from past to future by integrating the GM (1,1) model in grey forecasting and an epsilon-based measure model (EBM) in data envelopment analysis (DEA). The GM (1,1) model is utilized to formulate a forecast data in the future over period from 2018 to 2022. Then, via EBM model, past–current–future data are used for computing efficiency of these providers. The empirical values show that 115 cases comprise 79 efficiency cases and 36 inefficiency cases. CHRW, ECHO, and UPS get strong efficiency and keep a stable efficiency score in whole term. EXPD and KRRYF do not achieve efficiency during the period from 2013 to 2022. Excluding CHRW, ECHO, and UPS, seven TPL providers demonstrate upward trend and downward trends in every term. The increasing and decreasing variation index of 10 third-party logistics providers will help customers to select the best TPL providers.
Global economic growth has led banks to expand their operations all over the world. The purpose of this research was to understand the efficiency of 18 large bank from all over the world during the period from 2013 to 2017. The performance was estimated by a dynamic slacks-based measure (SBM) model in data envelopment analysis (DEA). This model could be solved using inputs, outputs, and links. The banks variables were considered as follows: Assets, capitalization, and liabilities as inputs; revenue as output; and net interest income as a good link. The final empirical results exhibit the efficiency for each term, and the overall score. The data analysis recommends a feasible solution to refine inefficient terms based on the projections (slacks). This study visually observed the proficiency of the banking industry to equip enterprises with the best choice for their finances.
In recent decades, Vietnamese labeling and packaging has been widely recognized as being one of the fastest developing industries in Vietnam, supported by the tremendous demand of domestic production and the exportation of its packaged goods. The emerging packaging technology trends and the participation of foreign direct investment (FDI) companies have led to fierce competition between all packaging enterprises in Vietnam. This paper aims to calculate the productivity performance of 10 packaging companies in Vietnam from the past to the future by combining the additive Holt-Winters (LTS(A,A,A)) model to predict key variables in the financial statement for the next 4 years (2020–2023) and an epsilon-based measure of efficiency (EBM) model of data envelopment analysis (DEA) to define the developing trend, efficiency, and ranking of packaging operations. The empirical results will assist packaging enterprises to identify their positions, suggest feasible solutions to overcome shortcomings and catch up with the global trends, and propose superior partnerships for manufacturers, which have packaging service demands and support investment decisions for investors. Overall, all the enterprises in the packaging industry have high productivity. In particular, SIVICO JSC is identified as the most efficient packaging company in Vietnam, as it continuously maintains the first ranking over the observation time, followed by Agriculture Printing & Packing JSC and Bien Hoa Packaging Company. In the past, Tan Dai Hung Plastic JSC was identified as the most unproductive unit, while in the future term, the inefficient decision-making units (DMUs) are Tan Tien Plastic Packaging JSC, Sai Gon Packaging JSC, Dong A JSC, and PetroVietnam Packaging JSC. The suggestion for incompetent enterprises is changing the value of inputs proportionally to optimize for better performance.
Electric energy sources are the foundation for supporting for the industrialization and modernization; however, the processes of electricity generation increase CO 2 emissions. This study integrates the Holt-Winters model in number cruncher statistical system (NCSS) to estimate the forecasting data and the undesirable model in data envelopment analysis (DEA) to calculate the efficiency of electricity production in 14 countries all over the world from past to future. The Holt-Winters model is utilized to estimate the future; then, the actual and forecasting data are applied into the undesirable model to compute the performance. From the principle of an undesirable model, the study determines the input and output factors as follows nonrenewable and renewable fuels (inputs), electricity generation (desirable output), and CO 2 emissions (undesirable output). The empirical results exhibit efficient/inefficient terms over the period from 2011-2021 while converting these fuels into electricity energy and CO 2 emissions. The efficiency reveals the environmental effect level from the electricity generation. The analysis scores recommend a direction for improving the inefficient terms via the principle of inputs and undesirable outputs excess and desirable outputs shortfalls in an undesirable model.
The growing trade process is pushing the importing and exporting ratio of products at ports in Vietnam. The total amount of goods is determined by analyzing the effectiveness of products that are delivered at ports. Thus, this research presents a whole performance picture of the port logistics operation process at two airports and six seaport logistics companies in Vietnam to describe exchanging products by utilizing additive trend methods to formulate the efficiency and rank them from previous periods to future terms. Based on the prediction analysis, the best accuracy result is calculated by the additive Holt Winters method when the mean absolute percentage error (MAPE) indicators remain at the standard level, and its average qualification is also the lowest. Combining the actual and prediction values, the ranking of all ports accordingly by year during the past, current, and future time periods from 2011-2022 is obtained after calculating the final efficiency via the super-SBM model. The empirical result of the current and estimated efficiency denotes that Da Nang port logistics is always selected as the best port logistics company and maintained the first ranking with consistently high scores on the basis of the performance qualification. The empirical analysis result proposes the status quo of port logistics companies in Vietnam from the past to future to describe the amount of exchanging goods.
Science and technology development is a crucial for the elimination of air pollutants. The electric car industry, for example, contributes to minimizing emissions and climate change. The purpose of this study is to present an overview of electric car sales and its market share in 14 countries, from past to future, by integrating important criteria through the inter-criteria correlation (CRITIC) method in multi-criteria decision-making (MCDM), grey model first-order one variables (GM(1,1)), and grey relation analysis (GRA) method in grey system theory. First, the GM(1,1) estimates future terms based on historical time-series. Second, the objective weights of each variable, in every year, are determined by the CRITIC method. Finally, the research uses the GRA method for computing grades and ranks. The empirical result then reveals the performance and rank of electric car sales during the time period of 2016–2023. The analysis results thus reveal market share picture and direction of growth in the electric car industry.
Augmentation of electrical equipment is pushing for an increase in energy supply sources all over the world, as electricity consumption (EC) typically rises with growing populations. The value of EC reveals economic development and degree of emissions. Therefore, this research uses the undesirable outputs model in data envelopment analysis (DEA) for estimating relative efficiency of electricity consumption in 42 countries from 2008 to 2017. According to the principle of an undesirable outputs model and studied objectives, variables are selected that included population and EC as inputs, gross domestic product (GDP) as desirable output, and carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O) as undesirable outputs. The empirical results indicate that 420 terms of 42 countries during the period of 2008–2017 have 102 efficient and 310 inefficient terms. Moreover, the interplay level between input and output factors every year is presented via scores. The study suggests the effect of EC to human life and propounds the emission status to look for directions to overcome inefficient terms.
As Vietnam continues to industrialize and modernize, such economic development and high-tech will require a major electrical energy source to operate the electrical equipment; hence, the hydropower plants are established and growing up to demand. Therefore, the purpose of this study is to evaluate the business performance of Vietnamese hydropower suppliers by integrating the LTS(A,A,A) model of the Additive Holt-winters method in Tableau and a super-slacks-based measure (super-SBM) max model in data envelopment analysis (DEA). The LTS(A,A,A) model is applied to forecast future valuation from 2022 to 2025 based on historical time series from 2012 to 2021. Next, with the actual and predicted data, the researcher uses the super-SBM max model to calculate the business performance of these hydropower suppliers from past to future. The empirical result reveals efficient and inefficient cases to explore which hydropower suppliers can achieve the business performance in their operational process. The position of hydropower suppliers in Vietnam from past to future time is determined particularly based on their scores every year. Further, the empirical result recommends a solution to deal with inefficient cases by deducting the input excesses and raising the output shortages based on the principle of the super-SBM Max model in DEA. The finding results create an overview of the operational process with the continuing variations in each period to equip hydropower suppliers in Vietnam which will determine their future and operational orientation.
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