Abstract:This paper propose modified data envelopment analysis (DEA) model based on semi-oriented radial measure (SORM) for operational and financial performance assessment of different bus routes in Kolkata, an urban city in India. Existing literature indicates that the route based efficiency analysis is ignored in the transport related research. This method has been applied on 18 sroutes where buses are making either loss or marginal profit. Banker, Charnes and Cooper's (BCC) DEA model cannot deal with negative value… Show more
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