Dominance Based Measurement of Environmental Performance and Productive Efficiency of Manufacturing
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While the measurement of environmental performance is the focus of this research, an assumption of the research is that improvements in environmental performance should be made in the most cost effective way possible. Productive efficiency as evaluated in this research may also be called resource efficiency. Improvements in productive efficiency typically result in the cost of operations being reduced. This translates into improved profitability. Productive efficiency may therefore be used as a proxy for considering the overall business objective of increasing profitability. Of course, there are many other factors that affect profits, but improvements in productive efficiency are often the objective at the operational level in a manufacturing facility.