1. Benchmarking Techniques and Airport Management
Despite these difficulties, benchmarking has the potential to identify new opportunities and is a proactive process that changes operation in a structured way to achieve best performance. ... The advantage of PFP is that, it is very easy to compute, requires only limited data and is easy to understand and interpret. ... However, PFP can provide only superficial data and robust decisions based on this comparability cannot be usually made. ... Therefore, due to less demanding data requirements, and number of advantages DEA is a more attractive technique than any other methods (Graham, 2005). ....
- Word Count: 2404
- Approx Pages: 10
- Has Bibliography
- Grade Level: Undergraduate