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Evaluating the Performance of Freight Railway Stations Using Data Envelopment Analysis  

Kim, Seong-Ho (인하대학교 경영학부)
Oh, Suk-Moon (한국철도기술연구원)
Publication Information
Journal of the Korean Society for Railway / v.12, no.2, 2009 , pp. 315-320 More about this Journal
Abstract
In this paper we presents an approach to evaluating the performance of freight railway stations based on several performance indicators as an alternative to the evaluation based on single indicator. Such evaluation needs a way to weight the importance of the individual performance indicator. Data envelopment analysis (DEA) suggested by Charnes, Cooper, and Rhodes (1978) can be used to determine the weights. Using DEA we evaluate 353 freight railway stations based on four performance indicators: loading volume, unloading volume, loading revenue, unloading revenue. The evaluation results facilitates the organization's decision making by providing valuable information.
Keywords
Freight Railway Station; Performance Indicator; Data Envelopment Analysis;
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  • Reference
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