Using the Optimization Algorithm to Evaluate the Energetic Industry: A Case Study in Thailand

Wang, Chia–Nan; Le, Tien-Muoi; Nguyen, Han-Khanh; Ngoc-Nguyen, Hong

doi:10.3390/pr7020087

Cited by 12 publications

(11 citation statements)

References 13 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The study also provides a beneficial reference for the hybrid Grey-based model in time series prediction. Besides, Wang et al [18] also applied the Grey model (1,1) to predict future data. Based on the Mean Absolute Percentage Error (MAPE), the prediction was highly accurate.…”

Section: Literature Reviewmentioning

confidence: 99%

Analyzing Operational Efficiency in Real Estate Companies: An Application of GM (1,1) and DEA Malmquist Model

2021

Self Cite

View full text Add to dashboard Cite

Real estate management and its operation play a crucial role in supporting company operation. Going hand-in-hand with the rapid growth of companies, the real estate portfolio has expanded dramatically, attracting large numbers of domestic and foreign investors. This paper studied the top 12 real estate companies listed on Vietnam’s stock market to develop a method that combines the Grey methodology and the Data Envelopment Analysis (DEA) Malmquist model, intending to predict and evaluate their performances in two periods: 2015–2018 and 2019–2022. The proposed model considered three input factors, namely total assets, cost of sales, and cost of goods sold, and two output factors, namely total revenue and gross profit. Findings revealed that drastic efficiency changes in some companies should be observed at the beginning of the process, even if the technological efficiency in the period is stable. In the future period, most companies achieved relatively stable productivity. This study serves as a reference for policymakers and strategy makers by analyzing insights for the operational status of real estate businesses and providing an overview in the future toward sustainable development.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Analyzing Operational Efficiency in Real Estate Companies: An Application of GM (1,1) and DEA Malmquist Model

2021

Self Cite

View full text Add to dashboard Cite

show abstract

“…Chandra and Neelankavil (2008) studied customer needs and proposed solutions to help businesses successfully develop new products in developing countries. Wang et al (2019) and colleagues used the DEA and GM (1,1) models to evaluate the effect of foreign direct investment on economic growth in developing countries.…”

Section: Literature Reviewmentioning

confidence: 99%

Improvement of Service Quality in the Supply Chain of Commercial Banks—A Case Study in Vietnam

Nguyen

2021

JRFM

Self Cite

View full text Add to dashboard Cite

The outbreak of the Covid-19 pandemic caused a serious impact on the business activities of enterprises and households, affecting the operation of banks around the world, especially for capital mobilization from those with savings deposits at commercial banks. In face of the unpredictable developments of the pandemic, many services of banks in Vietnam were also affected, so it has been necessary to make a plan to maintain business operations and respond effectively to these difficulties. In this study, the authors used three research models to form a three-dimensional frame of reference (past, present, and future) to identify, analyze, and evaluate the factors affecting the service quality of commercial banks’ savings deposit mobilization, and to suggest solutions that can minimize risks and improve customer satisfaction for savings deposits at commercial banks, improve service quality to avoid potential long-term risks, as well as maintain sustainable growth and social stability in the future.

show abstract

“…It is noticeable that DEA is a common approach to measuring the efficiency of universities. However, DEA can also be applied in different industries, such as ICT [26], banking [27,28], hospitals [29][30][31], supplier selection [32][33][34], and energy [35][36][37], and has many other applications [38][39][40][41][42][43].…”

Section: Literature Reviewmentioning

confidence: 99%

Effects of the Performance-Based Research Fund and Other Factors on the Efficiency of New Zealand Universities: A Malmquist Productivity Approach

et al. 2020

Self Cite

View full text Add to dashboard Cite

Universities and academic institutions play a very crucial role in nation development through the production of highly competent manpower. The eight universities in New Zealand have been recognized as some of the top academic institutions in the world. However, the rankings from different international organizations are declining and are hardly likely to rise. Government policies in funding allocation are being blamed for the universities’ regress as they operate with an insufficient amount of funds. This study uses the Malmquist Productivity Index model to examine the technical efficiency, technological change, and productivity performance of the eight universities. This model uses a variety of inputs (number of academic and non-academic staff and total enrolment) and outputs (number of degree and postgraduate graduates, total graduates, and total operating revenue from the Equivalent Full-Time Student (EFTS) funding system and the Performance-Based Research Fund (PBRF), etc.) obtained for the period 2013–2018. The overall results show that the average catch-up and frontier-shift efficiencies of the universities are roughly in a “no-change” scenario, meaning that the universities did not make any progress over these years. The Malmquist Productivity Index (MPI) also shows a stable result, with average final values slightly higher than 1, wherein only five universities reached an actual productivity score of 1. It is recommended that the universities improve their internal factors, including personnel, equipment, facilities, and student services, while taking accounts of external aspects, such as rapid growth in technological environments and innovations, to achieve sustainable organizational progress and improved productivity. The re-assessment of government policies for funding allocation is also suggested. This research paper offers insights into the New Zealand universities’ productivity performances for the past few years. This could be used as a reference for other purposes.

show abstract

Using the Optimization Algorithm to Evaluate the Energetic Industry: A Case Study in Thailand

Cited by 12 publications

References 13 publications

Analyzing Operational Efficiency in Real Estate Companies: An Application of GM (1,1) and DEA Malmquist Model

Analyzing Operational Efficiency in Real Estate Companies: An Application of GM (1,1) and DEA Malmquist Model

Improvement of Service Quality in the Supply Chain of Commercial Banks—A Case Study in Vietnam

Effects of the Performance-Based Research Fund and Other Factors on the Efficiency of New Zealand Universities: A Malmquist Productivity Approach

Contact Info

Product

Resources

About