A linear programming application used to measure the relative efficiency of operating units with the same goals and objectives is
A)game theory.
B)asset allocation.
C)data envelopment analysis.
D)revenue management.

Question

Quizplus · Accepted Answer

Data envelopment analysis (DEA) is a linear programming-based technique used in operations management and organizational efficiency analysis. It is used to compare the performance of multiple operating units that produce the same output or work towards the same goals. DEA analyzes the input-output relationship and evaluates the use of resources by each unit, providing a measure of relative efficiency. Therefore, DEA is the best choice among the given options for the mentioned application.

A Linear Programming Application Used to Measure the Relative Efficiency