Multi-Criteria Decsion Making
334 Followers
Recent papers in Multi-Criteria Decsion Making
This paper presents preference programming technique based multiple criteria decision making analysis for selecting a facility location for a new organization or expansion of an existing facility which is of vital importance for a... more
This paper presents preference programming technique based multiple criteria decision making analysis for selecting a facility location for a new organization or expansion of an existing facility which is of vital importance for a decision support system and strategic planning process. The implementation of decision support systems is considered crucial to sustain competitive advantage and profitability persistence in turbulent environment. As an effective strategic management and decision making is necessary, multiple criteria decision making analysis supports the decision makers to formulate and implement the right strategy. The investment cost associated with acquiring the property and facility construction makes the facility location selection problem a long-term strategic investment decision, which rationalize the best location selection which results in higher economic benefits through increased productivity and optimal distribution network. Selecting the proper facility location from a given set of alternatives is a difficult task, as many potential qualitative and quantitative multiple conflicting criteria are to be considered. This paper solves a facility location selection problem using preference programming, which is an effective multiple criteria decision making analysis tool applied to deal with complex decision problems in the operational research environment. The ranking results of preference programming are compared with WSM, TOPSIS and VIKOR methods.
Fuzzy multi-criteria decision-making (MCDM) methods and problems have increasingly been considered in the past years. Type-1 fuzzy sets are usually used by decision-makers (DMs) to express their evaluations in the process of... more
Fuzzy multi-criteria decision-making (MCDM) methods and problems have increasingly been considered in the past years. Type-1 fuzzy sets are usually used by decision-makers (DMs) to express their evaluations in the process of decision-making. Interval type-2 fuzzy sets (IT2FSs), which are extensions of type-1 fuzzy sets, have more degrees of flexibility in modeling of uncertainty. In this research, a new ranking method to calculate the ranking values of interval type-2 fuzzy sets is proposed. A comparison is performed to show the efficiency of this ranking method. Using the proposed ranking method and the arithmetic operations of IT2FSs, a new method of Assessment based on Fuzzy Ranking and Aggregated Weights (AFRAW) is developed for multi-criteria group decision-making. To obtain more realistic and practical weights for the criteria, the subjective weights expressed by DMs and objective weights calculated based on a deviation-based method are combined, and the aggregated weights are used in the proposed method. A numerical example related to assessment of suppliers in a supply chain and selecting the best one is used to illustrate the procedure of the proposed method. Moreover, a comparison and a sensitivity analysis are performed in this study. The results of these analyses show the validity and stability of the proposed method.
The complex nature of construction projects and the involvement of a large number of unpredictable correlated factors make them susceptible to disputes. Although a wide range of dispute resolution mechanisms exists, experts in the... more
The complex nature of construction projects and the involvement of a large number of unpredictable correlated factors make them susceptible to disputes. Although a wide range of dispute resolution mechanisms exists, experts in the construction industry favor arbitration over litigation when legally binding dispute resolution mechanisms are concerned. Because initiating a litigation or arbitration case against a business partner often severs the business relationship between them, predicting the arbitrator’s decision becomes valuable to the arbitrating parties. Because arbitration has been extensively treated as a game, and because the proposed approach relies on the wealth maximization concept, which is in turn dependent on the sum of utility sources of a firm, modeling arbitration is best achieved as a game with disputing parties’ utility profiles that would have an agreement zone. A construction-specific utility framework for the disputing parties arbitrating before a single arbitrator is proposed based on the additive expected utility theory. The proposed additive utility framework preserves the industry practicality and, most importantly, considers direct short-term factors and indirect long-term factors that would address factual disputes related to claim entitlement and quantification. It is expected that such a framework could then be used to identify utility equilibrium points between the disputing parties, which would serve the purpose of predicting the arbitration outcome.
The allocation of groundwater resources has been a challenge for many years due to its unforeseen side effect and lag time issues, which are often overlooked. The full impact of groundwater utilization/abstraction takes time to realize... more
The allocation of groundwater resources has been a challenge for many years due to its unforeseen side effect and lag time issues, which are often overlooked. The full impact of groundwater utilization/abstraction takes time to realize its effect at its full. In this paper, long‐term effects and groundwater dynamics were assessed using a water balance model and a time series analysis, respectively. Undeveloped groundwater systems are commonly found in a state of equilibrium, where, on average, equal amounts of water are recharged and discharged. A water budget is a static accounting of the state of the system at a given time, often before the system is developed. Water balance analysis was carried out together with the groundwater through flow, hydrograph, and surface‐groundwater interaction analysis (base flow index) to develop a conceptual water balance model, which is a very basic representation of a complex natural aquifer system and is instrumental to constrain and build a robust numerical model that can be readily justified and updated. A noble approach was employed to assess and constrain the discharge coming out of the model area to sustain the lake level, located to the north of the study area, using the whole lake catchment and lake water balance analysis. Based on the lake water balance, there is a deficit between input and output computation, and hence there should be a groundwater input to sustain the historical lake area. The analysis showed that the model area contributes 40% of the lake catchment, and hence the portion of the groundwater inflow feeding the lake was computed. This is one of the means to constrain the discharge, which adds more confidence to the recharge estimation. This is very important because the size of a sustainable groundwater development usually depends on how much of the discharge from the system can be captured by the development. Capture is independent of the recharge. Instead, it depends on the dynamic response of the aquifer system to the development. The idea that knowing the recharge is important in determining the size of a sustainable groundwater development is a myth and has no basis. The important entity in determining how a groundwater system reaches a new equilibrium is capture. How capture occurs in an aquifer system is a dynamic process. Following this study, lake water balance assessment was indirectly considered as prior information for the numerical model calibration of the discharge from the model area using a conductance parameter. Conductance is a key parameter to estimate the discharge volume together with the change in the simulated hydraulic head between time steps. The water balance error highlights which one is more sensitive, and this could help to assist in planning for future data collection/field work and where to invest the money. The water balance computation helps to figure out the degree of surface‐groundwater interaction, uncertainty, sensitive parameter, helps in the decision to invest time and money, and operates as a cross check with other analytical or numerical modelling.
Groups often face difficulty reaching consensus. For complex decisions with multiple latent criteria, discourse alone may impede groups from pinpointing fundamental disagreements. To help support a consensus building process, we introduce... more
Groups often face difficulty reaching consensus. For complex decisions with multiple latent criteria, discourse alone may impede groups from pinpointing fundamental disagreements. To help support a consensus building process, we introduce ConsensUs, a novel visualization tool that highlights disagreements in comparative decisions. The tool facilitates groups to specify comparison criteria and to quantify their subjective opinions across these criteria. ConsensUs then highlights salient differences between members. An evaluation with 87 participants shows that ConsensUs helps individuals identify points of disagreement within groups and leads people to align their scores more with the group opinion. We discuss the larger design space for supporting the group consensus process, and our future directions to extend this approach to large-scale decision making platforms.
- by Narges Mahyar and +3
- •
- Consensus, Multi-Criteria Decsion Making
The aim of this research is to establish the criteria for selecting the most appropriate Voice over Internet Protocol (VoIP) technology using the Electricity Generating Authority of Thailand (EGAT) as the case study company. Seven EGAT... more
The aim of this research is to establish the criteria for selecting the most appropriate Voice over Internet Protocol (VoIP) technology using the Electricity Generating Authority of Thailand (EGAT) as the case study company. Seven EGAT experts in telecommunication systems agreed to participate in this research. In-depth interviews with experts were arranged in order to gather expert opinions for refining the criteria from those gathered from past researches and to screen the alternatives for final selection. Analytic Hierarchy Process (AHP) is applied to investigate the priority of the established criteria and evaluate the preference of each alternative. The opinions were collected from the experts using the structured survey questionnaire.
The result of this research indicates that highest priority was given to “benefit criteria” rather than “low cost criteria”. Under benefit criteria, intangible benefit subcriteria received priority that was higher than that of tangible benefit. Highest preference was given to the pure IP-PBX VOIP alternative based on the four main criteria ranked in the order of importance from high to low as follows: benefit, low cost, technical feasibility, and low risk. The choice of the most appropriate technology in this case was found to be rather insensitive to changes in the importance of each main criterion. Managerial implications are discussed.
The result of this research indicates that highest priority was given to “benefit criteria” rather than “low cost criteria”. Under benefit criteria, intangible benefit subcriteria received priority that was higher than that of tangible benefit. Highest preference was given to the pure IP-PBX VOIP alternative based on the four main criteria ranked in the order of importance from high to low as follows: benefit, low cost, technical feasibility, and low risk. The choice of the most appropriate technology in this case was found to be rather insensitive to changes in the importance of each main criterion. Managerial implications are discussed.
The main objective of this paper is the selection of the best public transportation mode in an urban corridor using Multi-Criteria Decision Making (MCDM) methods and Geographic Information System (GIS). For this purpose, a sample corridor... more
The main objective of this paper is the selection of the best public transportation mode in an urban corridor using Multi-Criteria Decision Making (MCDM) methods and Geographic Information System (GIS). For this purpose, a sample corridor in Tehran, the capital of Iran, is selected as the case study. This corridor is located between Azadi and Pounak Squares in Tehran with considerable daily trips. Due to high travel demand and traffic congestion in the corridor, development of the public transportation system is of prime importance. To choose the most appropriate public transportation mode in the corridor, four alternatives including bus, taxi, Bus Rapid Transit (BRT), and underground railway together with twenty indicators were considered. The indicators were classified to seven criteria including the cost, time, flexibility, reliability, safety, pollution, and mode properties. Afterwards, the relations and feedbacks between the criteria were determined and a network structure in ANP model was constructed. The decision making and evaluation processes were implemented in GIS environment. Finally, weights of the indicators were obtained from the ANP method and the TOPSIS technique is used to evaluate and rank the alternatives. Results showed that BRT, underground railway, bus, and taxi have the highest scores in the urban corridor, respectively.
Considering a group of users, each specifying individual preferences over categorical attributes, the problem of determining a set of objects that are objectively preferable by all users is challenging on two levels. First, we need to... more
Considering a group of users, each specifying individual preferences over categorical attributes, the problem of determining a set of objects that are objectively preferable by all users is challenging on two levels. First, we need to determine the preferable objects based on the categorical preferences for each user, and second we need to reconcile possible conflicts among users' preferences. A naıve solution would first assign degrees of match between each user and each object, by taking into account all categorical attributes, and then for each object combine these matching degrees across users to compute the total score of an object. Such an approach, however, performs two series of aggregation, among categorical attributes and then across users, which completely obscure and blur individual preferences. Our solution, instead of combining individual matching degrees, is to directly operate on categorical attributes, and define an objective Pareto-based aggregation for group preferences. Building on our interpretation, we tackle two distinct but relevant problems: finding the Pareto-optimal objects, and objectively ranking objects with respect to the group preferences. To increase the efficiency when dealing with categorical attributes, we introduce an elegant transformation of categorical attribute values into numerical values, which exhibits certain nice properties and allows us to use well-known index structures to accelerate the solutions to the two problems. In fact, experiments on real and synthetic data show that our index-based techniques are an order of magnitude faster than baseline approaches, scaling up to millions of objects and thousands of users.
Related Topics