6 results for “efficient frontier”

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Research ArticleOpen accessPhrase in the titleFinding the Envelope and Efficient Frontier of Financial AssetsFarida Kachapova, Ilias KachapovProblem statement: One of the problems considered in financial mathematics is finding portfolios of given financial assets that minimize risk for targeted returns. The set of such portfolios is called the envelope of the assets. Traditionally this problem is solved as a calculus minimization problem involving partial derivatives and Lagrange multipliers. Approach: In this study we describe an invariant geometric … …Journal of Mathematics and Statistics, Vol. 8, Issue 3 · 16 Jul 2012 · 9,279 accessesView PDF Cite

Research ArticleOpen accessIn the abstractTHE EFFECT OF AGRICULTURAL EXTENSION SERVICE ON THE TECHNICAL EFFICIENCY OF TEFF (ERAGROSTISTEF) PRODUCERS IN ETHIOPIAAsres Elias, Makoto Nohmi, Kumi Yasunobu et al.Teff (Eragrostistef) is a major staple food crop in Ethiopia, but smallholder teff production is characterized by persistently low average yield. A major government effort aimed at raising the productivity and competitiveness of smallholder agriculture in Ethiopia involved reforming and implementing agricultural extension service known as Participatory Demonstration and Training Extension System (PADETES). Therefore, this study investigates the effect of … …American Journal of Applied Sciences, Vol. 11, Issue 2 · 21 Dec 2013 · 9,522 accessesView PDF Cite

Research ArticleOpen accessIn the abstractMinority Serving College and University Cost EfficienciesG. Thomas SavProblem statement: Higher education minority enrollment growth has far outstripped white non-minority growth in the United States. Minority serving colleges and universities have disproportionately attended to that growth and will continue to play a critical role in providing minority educational opportunities in a knowledge based and globally diverse economy. However, they will face new and challenging budgetary and managerial reforms … …Journal of Social Sciences, Vol. 8, Issue 1 · 21 Jan 2012 · 7,843 accessesView PDF Cite

Research ArticleOpen accessIn the abstractBenchmarking in the Academic Departments using Data Envelopment AnalysisMohammad Mahallati Rayeni, Faranak Hosseinzadeh SaljooghiProblem statement: The purpose of this study is to analyze efficiency and benchmarking using Data Envelopment Analysis (DEA) in departments of University. Benchmarking is a process of defining valid measures of performance comparison among peer decision making units (DMUs), using them to determine the relative positions of the peer DMUs and, ultimately, establishing a standard of excellence. Approach: DEA can … …American Journal of Applied Sciences, Vol. 7, Issue 11 · 8 Nov 2010 · 7,172 accessesView PDF Cite

Research ArticleOpen accessIn the abstractTechnical Efficiency of Chili ProductionA. S.M. Anwarul Huq, Fatimah Mohamed ArshadProblem statement: Scarcity of resources has led to production economists to think about the reallocation of existing resources to produce a prescribed level of output with the minimum cost without changing the production technology. But there is a lack of information about the efficient use of inputs in chili production. Except for a few descriptive studies, econometric analysis has yet … …American Journal of Applied Sciences, Vol. 7, Issue 2 · 28 Feb 2010 · 8,596 accessesView PDF Cite

Research ArticleOpen accessIn the abstractA Fuzzy Mathematical Programming Approach to DEA ModelsA. Azadeh, S.F. Ghaderi, Z. Javaheri, M. SaberiEvaluating the performance of activities or organizations by traditional Data Envelopment Analysis (DEA) as efficiency frontier analysis models requires crisp input/output data. However, in real-world problems inputs and outputs are often imprecise. This study develops DEA models using imprecise data represented by fuzzy sets. An important outcome of assessing relative efficiencies within a group of Decision Making Units (DMUs) in … …American Journal of Applied Sciences, Vol. 5, Issue 10 · 31 Oct 2008 · 7,223 accessesView PDF Cite