Stochastic resource reallocation in two-stage production processes with undesirable outputs: An empirical study on the power industry

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dc.contributor.authorAmirteimoori, A.
dc.contributor.authorKazemi, Matin, R.
dc.contributor.authorYadollahi, A.H.
dc.date.accessioned2024-05-19T14:33:35Z
dc.date.available2024-05-19T14:33:35Z
dc.date.issued2024
dc.departmentİstinye Üniversitesien_US
dc.description.abstractDue to the scarcity of fossil fuels in the future, the optimal use of these products can not only increase the efficiency of power plants, but it can also be effective in reducing the production of pollutants. To deal with these situations, optimal resource allocation and reallocation was studied using the data envelopment analysis (DEA) models. The current study adopted a resource allocation model in DEA framework when undesired outputs are produced in production process. This alternative resource allocation model is, however, sensitive to uncertainty of the data. In this contribution, we, therefore, introduce a stochastic resource allocation model when there are random data and undesirable products. An applied illustrative study to the power industry consisting 21 electricity production & distribution companies for eight years (2011–2019) is performed to compare the resource reallocations and their efficiencies. The important findings are: First, if we decide to deactivate two companies, the fuel consumption, employees and net electricity generation must be reduced. These reductions will lead to a reduction in pollutants. Second, the low price of electricity in Iran leads to excessive consumption of this product, which in turn leads to the inefficiency of many companies. In order to improve the performances of the companies, the amount of sold-out electricity must significantly be increased. © 2024 Elsevier Ltden_US
dc.identifier.doi10.1016/j.seps.2024.101894
dc.identifier.issn0038-0121
dc.identifier.scopus2-s2.0-85190466881en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.1016/j.seps.2024.101894
dc.identifier.urihttps://hdl.handle.net/20.500.12713/4281
dc.identifier.volume93en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherElsevier Ltden_US
dc.relation.ispartofSocio-Economic Planning Sciencesen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmz20240519_kaen_US
dc.subjectCentralized Resource Reallocationen_US
dc.subjectData Envelopment Analysisen_US
dc.subjectEnvironmental Pollutionen_US
dc.subjectStochastic Dataen_US
dc.subjectTwo-Stage Processesen_US
dc.titleStochastic resource reallocation in two-stage production processes with undesirable outputs: An empirical study on the power industryen_US
dc.typeArticleen_US

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