• Title/Summary/Keyword: Multi-Criteria Decision-Making(MCDM)

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A Generic Multi-Level Algorithm for Prioritized Multi-Criteria Decision Making

  • G., AlShorbagy;Eslam, Hamouda;A.S., Abohamama
    • International Journal of Computer Science & Network Security
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    • v.23 no.1
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    • pp.25-32
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    • 2023
  • Decision-making refers to identifying the best alternative among a set of alternatives. When a set of criteria are involved, the decision-making is called multi-criteria decision-making (MCDM). In some cases, the involved criteria may be prioritized by the human decision-maker, which determines the importance degree for each criterion; hence, the decision-making becomes prioritized multi-criteria decision-making. The essence of prioritized MCDM is raking the different alternatives concerning the criteria and selecting best one(s) from the ranked list. This paper introduces a generic multi-level algorithm for ranking multiple alternatives in prioritized MCDM problems. The proposed algorithm is implemented by a decision support system for selecting the most critical short-road requests presented to the transportation ministry in the Kingdom of Saudi Arabia. The ranking results show that the proposed ranking algorithm achieves a good balance between the importance degrees determined by the human decision maker and the score value of the alternatives concerning the different criteria.

Multi-Criteria Decision Making Based Logistics Brokerage Agents (다기준 의사결정 기반의 물류중개 에이전트)

  • Jeong, Keun-Chae
    • IE interfaces
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    • v.16 no.4
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    • pp.473-484
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    • 2003
  • In this paper we deal with the logistics brokerage process in which a logistics agent intermediates between vehicle owners and shippers for matching empty vehicles and freights. Based on the Multi-Criteria Decision Making (MCDM) methodology, the proposed agent system matches the most preferred empty vehicle to the shipper and the most preferred freight to the vehicle owner. In the proposed agent system, an MCDM based sensitivity analysis is also used for supporting decision makers under negotiations. Among various MCDM methodologies, Analytic Hierarchy Process (AHP) is utilized in this paper. Although AHP is one of the most popular MCDM methodologies, AHP needs a number of pair-wise comparisons for assessing alternatives and hence may give excessive decision making burden to the decision makers. In this paper, in order to reduce the decision making burden, a preference function based estimation method is proposed. We can expect that the MCDM based logistics brokerage agent can be used as an efficient and effective tool for e-logistics marketplaces on the internet.

Application of Multi Criteria Decision Making for Selection of Automobile Safety Option (안전 옵션 선정 다준규의사결정 모델)

  • Kim, Taehee
    • Journal of Auto-vehicle Safety Association
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    • v.10 no.2
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    • pp.50-55
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    • 2018
  • Choosing automobile safety options is price-performance matter. The best fit options to buyer who has a certain driving habit are problem of MCDM (Multi Criteria Decision Making) because price of safety option, statistics of relating accident, consequence of accident, and driving habit are the multi criteria to be evaluated. In this paper, PROMETHEE-GAIA methodology is applied for solving this MCDM problem. The result shows that a different driving habit makes different choosing priority of safety options.

Location Selection of Distribution Centers by Using Grey Relational Analysis (GRA를 이용한 물류센터 입지선정문제)

  • Woo, Taehee;Bach, Seung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.2
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    • pp.82-90
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    • 2015
  • Location selection of distribution centers is a crucial task for logistics operators and key decision makers of an organization. This is a multi-criteria decision making (MCDM) process which includes both quantitative and qualitative criteria. In order to propose an optimized location selection model, this research suggests a hierarchical group of evaluation criteria : 5 major criteria with 15 sub-criteria. The MCDM approach presented in this research, by integrating Grey Relational Analysis (GRA) with Analytic Hierarchy Process (AHP), tends to rectify the overall quality and uncertainty of the values of evaluation criteria. An example of a location selection case in Korea is illustrated in this study to show the effectiveness of this method.

Using an Evaluative Criteria Software of Optimal Solutions for Enterprise Products' Sale

  • Liao, Shih Chung;Lin, Bing Yi
    • Journal of Distribution Science
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    • v.13 no.4
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    • pp.9-19
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    • 2015
  • Purpose - This study focuses on the use of evaluative criteria software for imprecise market information, and product mapping relationships between design parameters and customer requirements. Research design, data, and methodology - This study involved using the product predicted value method, synthesizing design alternatives through a morphological analysis and plan, realizing the synthesis in multi-criteria decision-making (MCDM), and using its searching software capacity to obtain optimal solutions. Results - The establishment of product designs conforms to the customer demand, and promotes the optimization of several designs. In this study, the construction level analytic method and the simple multi attribute comment, or the quantity analytic method are used. Conclusions - This study provides a solution for enterprise products' multi-goals decision-making, because the product design lacks determinism, complexity, risk, conflict, and so on. In addition, the changeable factor renders the entire decision-making process more difficult. It uses Fuzzy deduction and the correlation technology for appraising the feasible method and multi-goals decision-making, to solve situations of the products' multi-goals and limited resources, and assigns resources for the best product design.

Study on Applicability of Multi-Criteria Decision Making Technique for Malfunctioning Reservoir Selection (기능저하 저수지 선정을 위한 다기준 의사결정기법 적용성 연구)

  • Shim, Hyun Chul;Choi, Kyung Sook
    • Journal of The Korean Society of Agricultural Engineers
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    • v.59 no.3
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    • pp.11-19
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    • 2017
  • The decision-making process is the act of finding the best solution among various alternatives through comparison between various criteria based on objectives of the project, evaluation standard, and conditions. However, in practice it is not easy to simply decide the optimum decision, especially for selecting malfunctioning reservoirs because no systematic evaluation criteria or standard assessment process are available. Therefore, this study adopted AHP method, which is a MCDM (multi-criteria decision making technique) to identify the malfunctioning reservoirs for efficient management of reservoirs. Important criteria of the selection of malfunctioning reservoirs and priority weights of each criteria were determined based on results of expert's survey under a stepwise hierarchical approach. The most important factor for the decision of malfunctioning reservoirs was obtained as Reservoir efficiency among the selected criteria including Reservoir efficiency decrease, Disaster Risk, Reservoir efficiency, Available water storage, Future water demand, Resident Needs. The AHP technique was applied on 11 reservoirs in Andong region to verify its applicability. Scoring method was applied for the comparison with the results of AHP method.

Application of Fuzzy Multi-criteria Decision Making Techniques for Robust Prioritization (로버스트 우선순위 결정을 위한 Fuzzy 다기준 의사결정기법의 적용)

  • Han, Bong Gu;Chung, Eun Sung
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.3
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    • pp.917-926
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    • 2013
  • This study presents the feasibility of fuzzy multi-criteria decision making (MCDM) techniques for the robust prioritization of projects. It is applied to water resources planning problem. Results from weighted sum method (WSM), analytic hierarchy process (AHP), revised analytic hierarchy process (R-AHP), and TOPSIS are compared with those from Fuzzy WSM, Fuzzy, AHP, Fuzzy R-AHP, and Fuzzy TOPSIS. For the calculation, all weights on criteria and the normalized data were obtained from the same investigation. As a result, the rankings from four MCDM techniques are slightly different while those from fuzzy MCDM show the comparatively consistent ranking. Therefore, it is desirable to use fuzzy MCDM technique when MCDM is used for the prioritization problem, since fuzzy MCDM can include the uncertain variability of input data and weighting values on criteria.

Application of Multi-criteria Decision Making Techniques for Water Resources Planning: 2. Sensitivity Analysis of Weighting and Performance Values (수자원 계획수립을 위한 다기준의사결정기법의 적용: 2. 가중치와 평가치에 대한 민감도 분석)

  • Chung, Eun-Sung
    • Journal of Korea Water Resources Association
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    • v.45 no.4
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    • pp.383-391
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    • 2012
  • This study aims to present the sensitivity analysis approach for multi-criteria decision making (MCDM) method to reduce the uncertainty of weighting and performance values. This study focuses on two major problems of the uncertainty for MCDM method. The first major problem is how to determine the most critical criterion and the second is how to determine the most critical measure of performance. This study used the application of weighted sum method for water resources planning. The criticality degrees and the sensitivity coefficients of criterion and alternative are used. This results of sensitivity analysis can be applied to the general water resources planning in real.

A DECISION-MAKER CONFIDENCE LEVEL BASED MULTI-CHOICE BEST-WORST METHOD: AN MCDM APPROACH

  • SEEMA BANO;MD. GULZARUL HASAN;ABDUL QUDDOOS
    • Journal of applied mathematics & informatics
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    • v.42 no.2
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    • pp.257-281
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    • 2024
  • In real life, a decision-maker can assign multiple values for pairwise comparison with a certain confidence level. Studies incorporating multi-choice parameters in multi-criteria decision-making methods are lacking in the literature. So, In this work, an extension of the Best-Worst Method (BWM) with multi-choice pairwise comparisons and multi-choice confidence parameters has been proposed. This work incorporates an extension to the original BWM with multi-choice uncertainty and confidence level. The BWM presumes the Decision-Maker to be fully confident about preference criteria vectors best to others & others to worst. In the proposed work, we consider uncertainty by giving decision-makers freedom to have multiple choices for preference comparison and having a corresponding confidence degree for each choice. This adds one more parameter corresponding to the degree of confidence of each choice to the already existing MCDM, i.e. multi-choice BWM and yields acceptable results similar to other studies. Also, the consistency ratio remained low within the acceptable range. Two real-life case studies are presented to validate our study on proposed models.

Decision Making Model for Agricultural Reservoir using PROMETHEE-AHP (PROMETHEE-AHP를 이용한 농업용 저수지의 의사결정모형)

  • Choi, Eun-Hyuk;Bae, Sang-Soo;Jee, Hong-Kee
    • Journal of The Korean Society of Agricultural Engineers
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    • v.54 no.5
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    • pp.57-67
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    • 2012
  • This paper presents the Multi Criteria Decision Making (MCDM) to evaluate water resources plan for agricultural reservoir. Preference Ranking Organization METHod for Enrichment Evaluations (PROMETHEE) and Analytic Hierarchy Process (AHP) were used to estimate weight and priority of alternatives to find out the most reasonable and efficient way of water resources assessment. The 6 criteria that both decision maker and beneficiary are satisfied have been identified to secure agricultural water resources and then the priority of 10 subcriteria was set. An enhanced PROMETHEE-AHP model was used to perform pairwise comparison and find out the priority of each alternative because the existing decision making model have uncertainty and ambiguity. Comparison analysis of decision making models was carried out to find a way of suitable decision making and validity of PROMETHEE-AHP model was suggested.