Major weapons procurement: An efficiency‐based approach for the selection of fighter jets
dc.contributor.author | Lu, Wen‐Min | |
dc.contributor.author | Kweh, Qian Long | |
dc.contributor.author | Nourani, Mohammad | |
dc.contributor.author | Shih, Jui‐Min | |
dc.date.accessioned | 2020-05-31T08:03:32Z | |
dc.date.available | 2020-05-31T08:03:32Z | |
dc.date.copyright | 2019 | |
dc.date.issued | 2020-06-01 | |
dc.description.abstract | This study applies the epsilon-based measure method in data envelopment analysis (DEA) to evaluate processes in procuring fighter jets (FJs), which are indicative of the technology and capability of major weapons. Moreover, multidimensional scaling analysis and sensitivity analysis were included to assess the selection of FJs. The DEA analysis indicates that the overall efficiency of the sample of 26 FJs was 0.824 on average. Besides, procurers rely on price and capability to decide which FJ models to purchase. Overall, the evaluation results can be provided to procurement decision makers even in selecting other types of major weapon in a cost-effective manner. © 2019 John Wiley & Sons, Ltd. | en_US |
dc.identifier.citation | Lu, W. M., Kweh, Q. L., Nourani, M., & Shih, J. M. (2019). Major weapons procurement: An efficiency‐based approach for the selection of fighter jets. Managerial and Decision Economics, 41(4), 574– 585. https://doi.org/10.1002/mde.3121 | en_US |
dc.identifier.issn | 01436570 | |
dc.identifier.uri | https://doi.org/10.1002/mde.3121 | |
dc.identifier.uri | http://hdl.handle.net/20.500.12519/212 | |
dc.language.iso | en | en_US |
dc.publisher | John Wiley and Sons Ltd | en_US |
dc.relation | Authors Affiliations : Lu, W.-M., Department of International Business Administration, Chinese Culture University, Taiwan; Kweh, Q.L., Faculty of Management, Canadian University Dubai, Dubai, United Arab Emirates; Nourani, M., School of Management, Universiti Sains Malaysia, Penang, Malaysia; Shih, J.-M., Department of Financial Management, National Defense University, Taipei, Taiwan | |
dc.relation.ispartofseries | Managerial and Decision Economics;Volume 41, Issue 4 | |
dc.rights | License to reuse the abstract has been secured from John Wiley and Sons and Copyright Clearance Center. | |
dc.rights.holder | Copyright : 2019 John Wiley & Sons, Ltd. | |
dc.rights.uri | https://s100.copyright.com/CustomerAdmin/PLF.jsp?ref=b8a8e199-ac0c-4f74-a4d5-770a4a27e133 | |
dc.subject | Data envelopment analysis | en_US |
dc.subject | Efficiency | en_US |
dc.subject | Cross-efficiency evaluation | en_US |
dc.title | Major weapons procurement: An efficiency‐based approach for the selection of fighter jets | en_US |
dc.type | Article | en_US |
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