Project selection with limited resources in data envelopment analysis
In this paper allocating a fixed resource for producing finite projects in order to obtaining a desired level of efficiency will be discussed. Note that it is assumed that a vector of limited sources is at hand. This vector of resources can be contained human resource, budget, equipment, and facilities. In any firm there exist different suggestions from subunits for running a new projects in line with the organization’s objectives. Implementation of all the suggested projects need high level of resources. In accordance to this fact that resources are limited thus it is not possible to run all of the projects. Thus, selecting high quality projects or those with high efficiency is more desirable for implementation. In this paper a method for selecting projects will be proposed which has high performance.