Performance Evaluation of Electric Power Company Based on Improved Grey Relational Analysis

Author(s):  
Jianchang Lu ◽  
Leping Pei
Author(s):  
Tuncay Ozcan ◽  
Fatih Tuysuz

Performance evaluation is one of the most important problems for retail chains and may have effect on tactical and strategic decisions. This paper proposes a grey-based multi-criteria performance evaluation model for retail sector. This model integrates Decision-Making Trial and Evaluation Laboratory (DEMATEL) and modified Grey Relational Analysis (GRA) methods. First, the grey-based DEMATEL method is used for determining the importance of performance indicators to be used in GRA based on the experts’ assessments. Then, the proposed modified GRA method is used for the performance evaluation and ranking of retail stores with respect to the predetermined performance indicators. Finally, the effectiveness and the applicability of the developed approach are illustrated with a case study with the actual data taken from a retail chain in Turkey.


2013 ◽  
Vol 333-335 ◽  
pp. 1265-1268
Author(s):  
Mu Li ◽  
Jia Jie Wang ◽  
Wen Qiao ◽  
Hao Tian Zheng

The evaluation for comprehensive performance of electric power listed companies generally exist some subjectivity and one-sidedness unavoidably. On the basis of the characteristics of complexity and the uncertainty of optimal evaluation on comprehensive performance of electric power listed companies, grey relational analysis model in evaluation on comprehensive performance of electric power listed companies has been put forward in this paper. Application model and procedures of the grey relational analysis method are introduced. According to the degree how close it is with the ideal dot, the optimal evaluation result is easy to be obtained. This method is convenient, quantitative, and strict. It provided a new method and a possible new way for evaluation of comprehensive performance of electric power listed companies.


2016 ◽  
Vol 8 (5) ◽  
pp. 293 ◽  
Author(s):  
Ceren Oral

The aim of this study is to rank the sport clubs registered in Borsa Istanbul based on their financial performances. In this respect the averages of the 5-year-financial-table data from the years 2010-2014 for the enterprises engaged in the subject sector are used. Using the Grey Relational Analysis (GRA) method performance has been measured by means of liquidity, leverage and profitability. Ten financial ratios have been used for the study. Based on the obtained findings, the most significant indicator for measuring the financial performances of the sport clubs is the profitability. Furthermore the sport clubs have also been ranked in the study based on their actual performances.


Sign in / Sign up

Export Citation Format

Share Document