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- W4361010336 abstract "The road mode of transportation holds a leading position in the world and its upward trend is still noticeable. The aim of this research is to determine the efficiency of the observed transportation company, i.e. efficiency of its business throughout the analyzed period of years, which in this case is from 2018 to 2022. Specifically, in this paper, it has been observed a transportation company located in Bosnia and Herzegovina, which is engaged in road internal and international transportation. An integrated PCA-DEA model was used for efficiency analysis. Six input and four output parameters were defined. Due to the small number of decision-making units, PCA (Principal component analysis) based on 70% of the information of all data collected was first applied, and the number of input-output parameters was reduced to 2 to 1. After that, DEA (Data Envelopment Analysis) was applied to obtain final efficiency values. The results show that the previous year (2022) is the most efficient under the considered conditions and circumstances, and that the company is on the right track, as it increases its efficiency." @default.
- W4361010336 created "2023-03-30" @default.
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- W4361010336 date "2023-03-27" @default.
- W4361010336 modified "2023-10-07" @default.
- W4361010336 title "PCA-DEA Model for Efficiency Assessment of Transportation Company" @default.
- W4361010336 doi "https://doi.org/10.56578/jimd020102" @default.
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