Method of selecting the stratagems to achieve benchmarking plant efficiency level efficiently (Proposing AREA theory which indicates achievement ratio evalution of the effected theoretical area, and adopt it for analyzing effectiveness of improvement of the plant using DEA methodology)

Toshitaka Seki, Eiichiro Yagi, Kazuho Yoshimoto

    Research output: Contribution to journalArticle

    1 Citation (Scopus)

    Abstract

    In this paper, a Method of Selecting the Stratagems to Achieve Benchmarking Plant Efficiency Level Efficiently is presented. We propose AREA Theory which indicates Achievement Ratio Evaluation of the effected theoretical Area. It is proposed officially for the first time, based on the principle that improving the efficiency level in a shorter period contributes higher profitability. DEA Methodology is used to indicate Production Control Efficiency level of the Plant, and Benchmarking level is recognized as DEA equal to 1. The methodology to prioritize factors of the improvement to allocate limited resource is proposed as Weighted-Preferential Efficient Ratio. Then AREA Theory is adapted for Analyzing Effectiveness of the Improvement of the Plant. We demonstrate a Method of Selecting the Stratagems through the practical data of the plant which contains 8 major production control factors of the improvement.

    Original languageEnglish
    Pages (from-to)323-330
    Number of pages8
    JournalNippon Kikai Gakkai Ronbunshu, C Hen/Transactions of the Japan Society of Mechanical Engineers, Part C
    Volume68
    Issue number1
    Publication statusPublished - 2002 Jan

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    Benchmarking
    Production control
    Profitability

    Keywords

    • Achievement Ratio Evaluation of the Effected Theoretical Area
    • AREA
    • Benchmarking
    • Data Envelopment Analysis
    • Efficiency Level of the Plant

    ASJC Scopus subject areas

    • Mechanical Engineering

    Cite this

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