Journal of Business Economics and Management, 2018
With the globalization of economy and development of technology, organizational strategy developm... more With the globalization of economy and development of technology, organizational strategy development in distribution channel management has become more significant for competitive business world. To improve distribution channel performance, many companies have focused on Multi-Criteria Decision Making (MCDM) methods. In the literature, there are a great number of studies on MCDM and fuzzy MCDM (FMCDM) methods, whereas a few studies on integrated FMCDM methods. The purpose of this study is to propose integrated FMCDM methodology including FAHP, WASPAS-F, EDAS-F and ARAS-F. In these methods, relative importances of the criteria are determined by FAHP. Managerial and financial perspective is determined as the most important criteria by FAHP methods. Then WASPAS-F, EDAS-F and ARAS-F methods are carried out to rank the alternatives. The practical implication of the integrated FMCDM methods is the use of linguistic variables for assessment of the criteria and the alternatives. As a resear...
Facta Universitatis, Series: Mechanical Engineering, 2021
In this paper, based on the Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis, a ... more In this paper, based on the Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis, a matrix of Threats, Opportunities, Weaknesses and Strengths (TOWS) was formed. It represents possible business strategies of the transport company. To choose the right plan, a model based on the integration of Fuzzy PIvot Pairwise RElative Criteria Importance Assessment (fuzzy PIPRECIA), Full Consistency Method (FUCOM) and Measurement Alternatives and Ranking according to COmpromise Solution (MARCOS) methods, has been formed. A case study was conducted in the transport company from Bosnia and Herzegovina which provides services on the domestic and the European Union market for 20 years and belongs to a group of small and medium enterprises (SMEs). The SWOT analysis in this transport company was the basis for forming the TOWS matrix, which represents a set of possible business strategies. These strategies are the basis for developing five basic alternatives. The transport company should ch...
There is a popular idea that technology-development success depends on some creative magic, but l... more There is a popular idea that technology-development success depends on some creative magic, but leaders contradict the assertion that innovation is a process that can be perfected. Turning technology into reality requires an excellent understanding of the development process from idea to market. The technology commercialization process is broken down into phases in which vital decision-making points exist. In the scientific literature, which examines and analyzes the process of technology development and its problems, there is a variety of views and opinions related to the concepts used to define this process and its content. These motives led to the formulation of the first objective of this article: to analyze technology-development models studied by different researchers and used by different reliable organizations. The second objective is to determine the content of the technology-development process and processes that are alternative or related to the content of the technology-...
Sustainability has become a key concern for project selection in construction industries. Determi... more Sustainability has become a key concern for project selection in construction industries. Determining the best sustainable project based on various sustainability attributes is a very complicated decision. Accordingly, developing a suitable decision support framework can be very helpful for decision makers to attain planned business goals and complete projects at the right time with good quality. This research develops a decision support model which helps managers to understand the concept of sustainability in construction project selection and choose the best project using a new integrated Multi-Criteria Decision Making (MCDM) approach under uncertainty by integrating Fuzzy Preference Programming (FPP) as a modification of Fuzzy Analytical Hierarchy Process (FAHP), with Fuzzy Inference System (FIS) as a fuzzy rulebased expert system. In the first phase of the research, fifteen sustainability attributes were selected. In the second phase, the final weight of each attribute was compu...
Page 1. 544 DESIGN PROJECTS' MANAGERS RANKING BASED ON THEIR MULTIPLE EXPERIENCE AND TECHNIC... more Page 1. 544 DESIGN PROJECTS' MANAGERS RANKING BASED ON THEIR MULTIPLE EXPERIENCE AND TECHNICAL SKILLS Povilas Vainiūnas1, Edmundas Kazimieras Zavadskas2, Zenonas Turskis3, Jolanta Tamoaitien4 ...
Policy-makers should focus on solar energy due to the increasing energy demand and adverse conseq... more Policy-makers should focus on solar energy due to the increasing energy demand and adverse consequences such as global warming. Conflicting criteria influence choosing the most desirable place to construct a Solar Power Plant (SPP). Researchers have popularized multicriteria decision-making (MCDM) methods because of the potential. Although the simultaneous use of several methods increases the robustness and accuracy of the results, existing methods to integrate MCDM methods mainly consider the same weight for all methods and utilize the alternatives ranking for the final comparison. This paper presents a hybrid decision-making framework to determine the best location for SPPs in Iran using a set of criteria extracted from the literature and expert opinions. An initial list of decision-making alternatives is prepared and evaluated using GIS software in terms of criteria. Decision-makers prioritized the identified alternatives using the MCDM methods, including SWARA and different rank...
INTERNATIONAL JOURNAL OF COMPUTERS COMMUNICATIONS & CONTROL, 2022
Nowadays fuzzy approaches gain popularity to model multi-criteria decision making (MCDM) problems... more Nowadays fuzzy approaches gain popularity to model multi-criteria decision making (MCDM) problems emerging in real-life applications. Modern modelling trends in this field include evaluation of the criteria information uncertainty and vagueness. Traditional neutrosophic sets are considered as the effective tool to express uncertainty of the information. However, in some cases, it cannot cover all recently proposed cases of the fuzzy sets. The m-generalized q-neutrosophic sets (mGqNNs) can effectively deal with this situation. The novel MCDM methodology CoCoSomGqNN is presented in this paper. An illustrative example presents the analysis of the effectiveness of different retrofit strategy selection decisions for the application in the civil engineering industry.
... Biographical notes: Egidijus Rytas Vaidogas is an Associate Professor since 2000. ... A pract... more ... Biographical notes: Egidijus Rytas Vaidogas is an Associate Professor since 2000. ... A practical implementation of MCDM meets the need to choose a normalisation method for calculating the matrix of dimensionless attributes, P (see Section 2.1 in Vaidogas and Zavadskas (2007 ...
Journal of Business Economics and Management, 2018
With the globalization of economy and development of technology, organizational strategy developm... more With the globalization of economy and development of technology, organizational strategy development in distribution channel management has become more significant for competitive business world. To improve distribution channel performance, many companies have focused on Multi-Criteria Decision Making (MCDM) methods. In the literature, there are a great number of studies on MCDM and fuzzy MCDM (FMCDM) methods, whereas a few studies on integrated FMCDM methods. The purpose of this study is to propose integrated FMCDM methodology including FAHP, WASPAS-F, EDAS-F and ARAS-F. In these methods, relative importances of the criteria are determined by FAHP. Managerial and financial perspective is determined as the most important criteria by FAHP methods. Then WASPAS-F, EDAS-F and ARAS-F methods are carried out to rank the alternatives. The practical implication of the integrated FMCDM methods is the use of linguistic variables for assessment of the criteria and the alternatives. As a resear...
Facta Universitatis, Series: Mechanical Engineering, 2021
In this paper, based on the Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis, a ... more In this paper, based on the Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis, a matrix of Threats, Opportunities, Weaknesses and Strengths (TOWS) was formed. It represents possible business strategies of the transport company. To choose the right plan, a model based on the integration of Fuzzy PIvot Pairwise RElative Criteria Importance Assessment (fuzzy PIPRECIA), Full Consistency Method (FUCOM) and Measurement Alternatives and Ranking according to COmpromise Solution (MARCOS) methods, has been formed. A case study was conducted in the transport company from Bosnia and Herzegovina which provides services on the domestic and the European Union market for 20 years and belongs to a group of small and medium enterprises (SMEs). The SWOT analysis in this transport company was the basis for forming the TOWS matrix, which represents a set of possible business strategies. These strategies are the basis for developing five basic alternatives. The transport company should ch...
There is a popular idea that technology-development success depends on some creative magic, but l... more There is a popular idea that technology-development success depends on some creative magic, but leaders contradict the assertion that innovation is a process that can be perfected. Turning technology into reality requires an excellent understanding of the development process from idea to market. The technology commercialization process is broken down into phases in which vital decision-making points exist. In the scientific literature, which examines and analyzes the process of technology development and its problems, there is a variety of views and opinions related to the concepts used to define this process and its content. These motives led to the formulation of the first objective of this article: to analyze technology-development models studied by different researchers and used by different reliable organizations. The second objective is to determine the content of the technology-development process and processes that are alternative or related to the content of the technology-...
Sustainability has become a key concern for project selection in construction industries. Determi... more Sustainability has become a key concern for project selection in construction industries. Determining the best sustainable project based on various sustainability attributes is a very complicated decision. Accordingly, developing a suitable decision support framework can be very helpful for decision makers to attain planned business goals and complete projects at the right time with good quality. This research develops a decision support model which helps managers to understand the concept of sustainability in construction project selection and choose the best project using a new integrated Multi-Criteria Decision Making (MCDM) approach under uncertainty by integrating Fuzzy Preference Programming (FPP) as a modification of Fuzzy Analytical Hierarchy Process (FAHP), with Fuzzy Inference System (FIS) as a fuzzy rulebased expert system. In the first phase of the research, fifteen sustainability attributes were selected. In the second phase, the final weight of each attribute was compu...
Page 1. 544 DESIGN PROJECTS' MANAGERS RANKING BASED ON THEIR MULTIPLE EXPERIENCE AND TECHNIC... more Page 1. 544 DESIGN PROJECTS' MANAGERS RANKING BASED ON THEIR MULTIPLE EXPERIENCE AND TECHNICAL SKILLS Povilas Vainiūnas1, Edmundas Kazimieras Zavadskas2, Zenonas Turskis3, Jolanta Tamoaitien4 ...
Policy-makers should focus on solar energy due to the increasing energy demand and adverse conseq... more Policy-makers should focus on solar energy due to the increasing energy demand and adverse consequences such as global warming. Conflicting criteria influence choosing the most desirable place to construct a Solar Power Plant (SPP). Researchers have popularized multicriteria decision-making (MCDM) methods because of the potential. Although the simultaneous use of several methods increases the robustness and accuracy of the results, existing methods to integrate MCDM methods mainly consider the same weight for all methods and utilize the alternatives ranking for the final comparison. This paper presents a hybrid decision-making framework to determine the best location for SPPs in Iran using a set of criteria extracted from the literature and expert opinions. An initial list of decision-making alternatives is prepared and evaluated using GIS software in terms of criteria. Decision-makers prioritized the identified alternatives using the MCDM methods, including SWARA and different rank...
INTERNATIONAL JOURNAL OF COMPUTERS COMMUNICATIONS & CONTROL, 2022
Nowadays fuzzy approaches gain popularity to model multi-criteria decision making (MCDM) problems... more Nowadays fuzzy approaches gain popularity to model multi-criteria decision making (MCDM) problems emerging in real-life applications. Modern modelling trends in this field include evaluation of the criteria information uncertainty and vagueness. Traditional neutrosophic sets are considered as the effective tool to express uncertainty of the information. However, in some cases, it cannot cover all recently proposed cases of the fuzzy sets. The m-generalized q-neutrosophic sets (mGqNNs) can effectively deal with this situation. The novel MCDM methodology CoCoSomGqNN is presented in this paper. An illustrative example presents the analysis of the effectiveness of different retrofit strategy selection decisions for the application in the civil engineering industry.
... Biographical notes: Egidijus Rytas Vaidogas is an Associate Professor since 2000. ... A pract... more ... Biographical notes: Egidijus Rytas Vaidogas is an Associate Professor since 2000. ... A practical implementation of MCDM meets the need to choose a normalisation method for calculating the matrix of dimensionless attributes, P (see Section 2.1 in Vaidogas and Zavadskas (2007 ...
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