scholarly journals Application of Multiple Criteria Decision-Making Methods in Assignment Place Selection

2020 ◽  
Vol 2020 ◽  
pp. 1-13
Author(s):  
Mustafa Soba ◽  
Yusuf Ersoy ◽  
Ayşenur Tarakcioğlu Altınay ◽  
Birol Erkan ◽  
Eser Şik
Keyword(s):  
Decision Making ◽  
Multiple Criteria Decision Making ◽  
Multicriteria Decision Making ◽  
Preference Order ◽  
Location Selection ◽  
Face To Face ◽  
Importance Ratings ◽  
Promethee Method ◽  
Grey Relational ◽  
Selection Of

The aim of this study is to ensure that the location selection of the officers of the personnel class in the Land Forces Command is effective and needs to be met to determine the criteria used in the selection of the place of appointment or which is the most important and to reveal the preference order to the officers making the choice. In this survey, a face-to-face interview technique and 10 subquestionnaires of captain majors were applied. In the questionnaire technique, the weights of the criteria were determined by using the Max100 method, then the values of the criteria were determined by the Max100 method, and the alternatives were graded and ranked by using grey relational analysis (GRA) method and PROMETHEE method which are multicriteria decision-making techniques. As a result of this analysis, the assignment locations are listed and the importance ratings of the criteria used in the selection of the assignment location are determined.

scholarly journals Systematic Approach for the selection of monitoring technologies in CO2 geological storage projects. Application of multicriteria decision making

2013 ◽  
Vol 16 (1) ◽  
pp. 36-42
Keyword(s):  
Decision Making ◽  
Co2 Storage ◽  
Multiple Criteria Decision Making ◽  
Multicriteria Decision Making ◽  
Multiple Criteria ◽  
Simultaneous Optimization ◽  
Case Scenario ◽  
Multicriteria Decision ◽  
Measurement Monitoring ◽  
Selection Of

<p>Geologic storage of carbon dioxide (CO2) has been proposed as a viable means for reducing anthropogenic CO2 emissions. Once injection begins, a program for measurement, monitoring, and verification (MMV) of CO2 distribution is required in order to: a) research key features, effects and processes needed for risk assessment; b) manage the injection process; c) delineate and identify leakage risk and surface escape; d) provide early warnings of failure near the reservoir; and f) verify storage for accounting and crediting. The selection of the methodology of monitoring (characterization of site and control and verification in the post-injection phase) is influenced by economic and technological variables. Multiple Criteria Decision Making (MCDM) refers to a methodology developed for making decisions in the presence of multiple criteria. MCDM as a discipline has only a relatively short history of 40 years, and it has been closely related to advancements on computer technology. Evaluation methods and multicriteria decisions include the selection of a set of feasible alternatives, the simultaneous optimization of several objective functions, and a decision-making process and evaluation procedures that must be rational and consistent. The application of a mathematical model of decision-making will help to find the best solution, establishing the mechanisms to facilitate the management of information generated by number of disciplines of knowledge. Those problems in which decision alternatives are finite are called Discrete Multicriteria Decision problems. Such problems are most common in reality and this case scenario will be applied in solving the problem of site selection for storing CO2. Discrete MCDM is used to assess and decide on issues that by nature or design support a finite number of alternative solutions. Recently, Multicriteria Decision Analysis has been applied to hierarchy policy incentives for CCS, to assess the role of CCS, and to select potential areas which could be suitable to store. For those reasons, MCDM have been considered in the monitoring phase of CO2 storage, in order to select suitable technologies which could be techno-economical viable. In this paper, we identify techniques of gas measurements in subsurface which are currently applying in the phase of characterization (pre-injection); MCDM will help decision-makers to hierarchy the most suitable technique which fit the purpose to monitor the specific physic-chemical parameter.</p>

scholarly journals Multicriteria Approach towards the Sustainable Selection of a Teahouse Location with Sensitivity Analysis

2018 ◽  
Vol 10 (8) ◽  
pp. 2926 ◽  
Author(s):  
Ji Chen ◽  
Jinsheng Wang ◽  
Tomas Baležentis ◽  
Fausta Zagurskaitė ◽  
Dalia Streimikiene ◽  
...  
Keyword(s):  
Decision Making ◽  
Sensitivity Analysis ◽  
Monte Carlo Simulation ◽  
Multicriteria Decision Making ◽  
Indicator System ◽  
Optimal Location ◽  
Location Selection ◽  
Product Assessment ◽  
Set Up ◽  
Selection Of

The teahouse market has seen an expansion across various countries. In order to identify the most reasonable paths for development, the choice of location for the outlets needs to account for a number of conflicting criteria. Therefore, the multicriteria approach is required to effectively handle the location selection problem. In this paper, we develop a multicriteria framework for teahouse selection and apply it in the context of Lithuania. The indicator system is set up in order to capture the different aspects of the candidate locations. We also apply two multicriteria decision-making techniques (the evaluation based on distance from average solution (EDAS) method and the weighted aggregated sum product assessment with normalization (WASPAS-N) method) in order to ensure the robustness of the results. The weights of criteria were determined based on the expert survey. In addition, a Monte Carlo simulation was applied to check the sensitivity in changes of the criterion weights. The empirical application demonstrated validity of the proposed approach in choosing the optimal location of a teahouse.

scholarly journals ELECTRE I Based Relevance Decision-Makers Feedback to the Location Selection of Distribution Centers

2017 ◽  
Vol 2017 ◽  
pp. 1-10 ◽  
Author(s):  
Maroi Agrebi ◽  
Mourad Abed ◽  
Mohamed Nazih Omri
Keyword(s):  
Decision Making ◽  
Multicriteria Decision Making ◽  
Decision Makers ◽  
Distribution Centers ◽  
Logistics System ◽  
Location Selection ◽  
Criteria Weights ◽  
Electre I ◽  
Selection Decision ◽  
Selection Of

The location selection of distribution centers is one of the important strategies to optimize the logistics system. To solve this problem, under certain environment, this paper presents a new multicriteria decision-making method based on ELECTRE I. The proposed method helps decision-makers to select the best location from a given set of locations for implementing. After having identified decision-makers, the criteria, and the set of locations, the factors influencing the selection are analyzed in order to identify the best location. A sensitivity analysis is then performed to determine the influence of criteria weights on the selection decision. The strength of the proposed method is to incorporate decision-makers’ preferences into the decision-making process. In addition, the proposed method considers both quantitative and qualitative criteria. Finally, the selected solution is validated by both tests of concordance and discordance simultaneously. A case study is provided to illustrate the proposed method.

scholarly journals Sustainability in the Business Sector: A Fuzzy Multicriteria Decision-Making Model for Financial Leasing Company Selection of the Vietnamese SMEs

SAGE Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 215824402110360
Author(s):  
Fengsheng Chien ◽  
Chia-Nan Wang ◽  
Ka Yin Chau ◽  
Van Thanh Nguyen ◽  
Viet Tinh Nguyen
Keyword(s):  
Decision Making ◽  
Interest Rates ◽  
Small And Medium Enterprises ◽  
Multicriteria Decision Making ◽  
Primary Concern ◽  
Multicriteria Decision ◽  
Financial Leasing ◽  
Criteria Weights ◽  
Leasing Company ◽  
Selection Of

The uses and management of capital is extremely important to the operation of any businesses. However, not all businesses have available capital, so the use of loans in many different forms is always an effective solution in managing corporate finance. Accompanying with businesses, many financial leasing companies have implemented products and programs to lend money to businesses with low interest rates. So, choosing the best financial leasing company is a primary concern of businesses. To increase competitiveness, financial leasing companies often offer preferential conditions to attract businesses. Choosing the best financial leasing service to leasing is important and necessary to those businesses. Thus, the selection of a financial leasing company by small and medium enterprises benefits from the application of Multicriteria Decision-Making (MCDM) methods which allows the decision maker to consider various qualitative and quantitative criteria. In this article, the author applied Fuzzy Analytical Network Process (FANP) to calculate the related criteria weights of the financial leasing company selection problem of businesses. Then, the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) is applied to rank the potential decision-making units. This research establishes one complete and efficient model for financial leasing company selection using FANP and TOPSIS methods. The proposed model is then applied into a real-world case study to demonstrate its feasibility.

scholarly journals A Multiple Criteria Decision Making Method to Weight the Sustainability Criteria of System Selection for Surface Mining

Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3066
Author(s):  
Michał Patyk ◽  
Przemysław Bodziony ◽  
Zbigniew Krysa
Keyword(s):  
Decision Making ◽  
Performance Assessment ◽  
Multiple Criteria Decision Making ◽  
Surface Mining ◽  
Open Pit ◽  
Mining Equipment ◽  
Surface Mines ◽  
Mining Conditions ◽  
And Performance ◽  
Selection Of

Selection and assessment of mining equipment used in open pit rock mines relies chiefly on estimates of overall exploitation cost. The rational arrangement of mining equipment and systems comprising loading machines, haul trucks and crushing plants should be preceded by a thorough analysis of technical and economic aspects, such as investment outlays and the costs of further exploitation, which largely determine the costs of mining operations and the deposit value. Additionally, the operational parameters of the mining equipment ought to be considered. In this study, a universal set of evaluation criteria has been developed, and an evaluation method has been applied for the selection of surface mining equipment and the processing system to be operated in specific mining conditions, defined by the user. The objective of this study is to develop and apply the new methodology of multi-criteria selection of open pit rock mining equipment based on multiple criteria decision-making (MCDM) procedures, to enable the optimization of loading, handling and crushing processes. The methodology, underpinned by the principles of MCDM, provides the dedicated ranking procedures, including the ELECTRE III. The applied methodology allows the alternative options (variants) to be ranked accordingly. Ultimately, a more universal methodology is developed, applicable in other surface mines where geological and mining conditions are similar. It may prove particularly useful in selection and performance assessment of mining equipment and process line configurations in mining of low-quality rock deposits. Therefore, we undertook to develop universal criteria and applications for the selection and performance assessment of process machines for surface mines, taking into account environmental aspects as well as deposit quality.

scholarly journals Multi-Criteria Analysis for the Selection of the Optimal Mining Design Solution—A Case Study on Quarry “Tambura”

Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3200
Author(s):  
Branimir Farkaš ◽  
Ana Hrastov
Keyword(s):  
Decision Making ◽  
Multiple Criteria Decision Making ◽  
Open Pit ◽  
Design Solution ◽  
Mine Design ◽  
Promethee Ii ◽  
Mining Design ◽  
Quarry Mine ◽  
Selection Of

Mining design is usually evaluated with different multiple-criteria decision-making (MCDM) methods when it comes to large open pit or underground ore mines, but it is not used on quarry sites. Since Croatia is mostly mining stone, the implementation of such methods in decision making of the quarry mine design is imperative but left out. In this paper, the PROMETHEE II and AHP decision-making methods are implemented on the quarry site to find out the best final quarry design contour. By implementing the MCDM methods, the best quarry model was chosen based on 22 different criteria parameters out of three final quarry designs. The chosen model is not only financially sound but also has the least environmental impact.

scholarly journals Multiple-Criteria Decision-Making and Sensitivity Analysis for Selection of Materials for Knee Implant Femoral Component

Materials ◽  
2021 ◽  
Vol 14 (8) ◽  
pp. 2084
Author(s):  
Raman Kumar ◽  
Rohit Dubey ◽  
Sehijpal Singh ◽  
Sunpreet Singh ◽  
Chander Prakash ◽  
...  
Keyword(s):  
Decision Making ◽  
Sensitivity Analysis ◽  
Femoral Component ◽  
Human Life ◽  
Multiple Criteria Decision Making ◽  
Multiple Criteria ◽  
Biomedical Science ◽  
Human Beings ◽  
Weighted Sum Method ◽  
Selection Of

Total knee replacement (TKR) is a remarkable achievement in biomedical science that enhances human life. However, human beings still suffer from knee-joint-related problems such as aseptic loosening caused by excessive wear between articular surfaces, stress-shielding of the bone by prosthesis, and soft tissue development in the interface of bone and implant due to inappropriate selection of TKR material. The choice of most suitable materials for the femoral component of TKR is a critical decision; therefore, in this research paper, a hybrid multiple-criteria decision-making (MCDM) tactic is applied using the degree of membership (DoM) technique with a varied system, using the weighted sum method (WSM), the weighted product method (WPM), the weighted aggregated sum product assessment method (WASPAS), an evaluation based on distance from average solution (EDAS), and a technique for order of preference by similarity to ideal solution (TOPSIS). The weights of importance are assigned to different criteria by the equal weights method (EWM). Furthermore, sensitivity analysis is conducted to check the solidity of the projected tactic. The weights of importance are varied using the entropy weights technique (EWT) and the standard deviation method (SDM). The projected hybrid MCDM methodology is simple, reliable and valuable for a conflicting decision-making environment.

scholarly journals A Multicriteria Decision Making Approach Based on Fuzzy Theory and Credibility Mechanism for Logistics Center Location Selection

2014 ◽  
Vol 2014 ◽  
pp. 1-9 ◽  
Author(s):  
Bowen Wang ◽  
Haitao Xiong ◽  
Chengrui Jiang
Keyword(s):  
Decision Making ◽  
Fuzzy Theory ◽  
Multicriteria Decision Making ◽  
Decision Makers ◽  
Location Selection ◽  
Logistics Center ◽  
Multicriteria Decision ◽  
Model Based ◽  
Center Location ◽  
Decision Making Model

As a hot topic in supply chain management, fuzzy method has been widely used in logistics center location selection to improve the reliability and suitability of the logistics center location selection with respect to the impacts of both qualitative and quantitative factors. However, it does not consider the consistency and the historical assessments accuracy of experts in predecisions. So this paper proposes a multicriteria decision making model based on credibility of decision makers by introducing priority of consistency and historical assessments accuracy mechanism into fuzzy multicriteria decision making approach. In this way, only decision makers who pass the credibility check are qualified to perform the further assessment. Finally, a practical example is analyzed to illustrate how to use the model. The result shows that the fuzzy multicriteria decision making model based on credibility mechanism can improve the reliability and suitability of site selection for the logistics center.

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