An Analysis on the Relative Efficiency of Furniture Enterprises in Guangdong Province Based on DEA-BCC and Clustering Method

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DOI: 10.4236/ojbm.2016.42037    2,966 Downloads   3,857 Views  Citations
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ABSTRACT

Constructed the empirical model for the study of the differences of the operational efficiency of furniture enterprises in Guangdong province, evaluated the technical efficiency, pure technical efficiency and scale efficiency of these furniture enterprises with DEA and took pure technical efficiency and scale efficiency as variables for cluster analysis. According to the results, we divided furniture enterprises into four types: inefficient management, efficient management, invalid management and invalid size. Then, the connotation, characteristics and the improvement of different types were discussed. Studies have shown that the reasons for the inefficiency lie in the allocation of resources, improving the existing resource input and output portfolio and effectively controlling the waste of resources are the crucial solution.

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Ma, Y. (2016) An Analysis on the Relative Efficiency of Furniture Enterprises in Guangdong Province Based on DEA-BCC and Clustering Method. Open Journal of Business and Management, 4, 349-354. doi: 10.4236/ojbm.2016.42037.

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