• Title/Summary/Keyword: Multiple 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.

Target Market Selection Using MCDM Approach: A Study of Rolling Stock Manufacturer

  • SUKOROTO, SUKOROTO;HARYONO, Siswoyo;KHARISMA, Bedy
    • Journal of Distribution Science
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    • v.18 no.7
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    • pp.63-72
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    • 2020
  • Purpose: This study examines the market segmentation and strategy of PT INKA, a rolling stock manufacturer in Indonesia. Research design, data and methodology: The study used the MCDM (Multiple Criteria Decision Making) method specifically the AHP (Analytical Hierarchy Process). The AHP method was applied to identify the target market. This method or approach considers the market attractiveness and competitive strength criteria with quantified parameters. Results: a) Australia, Kenya, Tanzania, New Zealand, and India emerge as the top five target markets; b) There is justification for rolling stock manufacturers to allocate their resources in winning the market share. Conclusion: The main challenge confronting the rolling stock manufacturer is limited resources to acquire a particular market share despite abundant opportunities in this sector. Despite the mastery of technology and long experience in the industry, selecting a target market with multiple criteria could be difficult for an emerging rolling stock manufacturer in South East Asia.

Goal Setting in Multiple Criteria Decision Making

  • Lee, Jae-Kyu
    • Journal of the Korean Operations Research and Management Science Society
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    • v.11 no.2
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    • pp.51-68
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    • 1986
  • The effects of goal setting in the context of Multiple Criteria Making (MCDM) are classified into two types : internal and external. In the internal models, the impact of the changed goal is limited only to the other goals in MCDM model. By contrast, in the external models, the impact is limited to the factors not included in the MCDM model. In fact, most real world examples of goal setting have the nature of mixed models. To assist in the goal setting process, the framework named Goal Setting Support (GSS) is developed. The GSS helps decision-makers for mixed models to 1) make internal trade-offs in a way that guarantees non-dominancy after the trade-ofs, and 2) evaluate achieved goals systematically. The GSS can be used in creating Decision Support Systems that will allow interactive goal setting.

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Determination of Forest Road Construction Priority Order Using Multiple Criteria Decision Making Methods (다기준의사결정법(多基準意思決定法)에 의한 임도개설순위(林道開設順位)의 결정(決定))

  • Cha, Du Song;Cho, Koo Hyun;Kim, Jong Yoon
    • Journal of Korean Society of Forest Science
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    • v.85 no.2
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    • pp.149-157
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    • 1996
  • The applications of multiple criteria decision making(MCDM) methods were investigated to determine the priority order in forest road construction for timber harvesting and silvicultrual activities in 22 regions. In this paper, MCDM methods have five methods from two kinds of models. The one is non-compensatory preference model including maximin and maximax method; the other is compensatory preference model including simple additive weighting method(SAW), hierarchical additive weighting method(HAW) and technique for order preference by similarity to ideal solution(TOPSIS), SAW and TOPSIS methods turned out to be the most adequate for forest road construction priority order among the five methods tested in this study.

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Evaluating Service System Alternatives via a Computer Simulation-enabled MCDM Framework

  • Deng, Wei-Jaw;Pei, Wen;Tsai, Chih-Hung
    • International Journal of Quality Innovation
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    • v.8 no.2
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    • pp.100-114
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    • 2007
  • Decision makers in the service industry must effectively cope with queuing problems, service capacity optimization, service efficiency and service quality problems. This study proposes a computer simulation-enabled MCDM framework that integrates computer simulation analysis, Taguchi method, expert opinion and multiple criteria decision making (MCDM) to assist decision makers in coping with decision problems. In this framework, Taguchi method is adopted to reduce the time required for the simulation experiment. Computer simulation analysis is adopted to obtain useful information for rapid decision-making without interrupting actual production. MCDM is used to select the optimal alternative. The illustrative result is extremely promising.

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.

Management of Recycling-Oriented Manufacturing Components Based on an MCDM Model (MCDM 모델을 이용한 재활용 제조부품 관리)

  • Shin, Wan-S.;Oh, Hyun-Joo
    • Journal of Korean Institute of Industrial Engineers
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    • v.22 no.4
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    • pp.589-605
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    • 1996
  • Recycling of used products and components has been considered as one of promising strategies for resolving environmental problems. In this respect, most manufacturing companies begin to consider possible recycling (e.q., reuse or re-production) of the components contained in their products. The primary objective of this research is to develop a multiple criteria decision making model for systematic management of recycle-oriented manufacturing components. The production planning problem of recycle-oriented manufacturing components is first formulated as a multiobjective mixed 0-1 integer programming model with three conflicting objectives. An interactive multiple criteria decision making method is then developed for solving the mathematical model. Also, an Input/Output analysis software is developed to help practitioners apply the model to real problems without much knowledge on computers and mathematical programming. A numerical example is used in examining the validity of the proposed model and to investigate the impact of the input variables on recycling production strategy.

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A Desirability Function-Based Multi-Characteristic Robust Design Optimization Technique (호감도 함수 기반 다특성 강건설계 최적화 기법)

  • Jong Pil Park;Jae Hun Jo;Yoon Eui Nahm
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.4
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    • pp.199-208
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    • 2023
  • Taguchi method is one of the most popular approaches for design optimization such that performance characteristics become robust to uncontrollable noise variables. However, most previous Taguchi method applications have addressed a single-characteristic problem. Problems with multiple characteristics are more common in practice. The multi-criteria decision making(MCDM) problem is to select the optimal one among multiple alternatives by integrating a number of criteria that may conflict with each other. Representative MCDM methods include TOPSIS(Technique for Order of Preference by Similarity to Ideal Solution), GRA(Grey Relational Analysis), PCA(Principal Component Analysis), fuzzy logic system, and so on. Therefore, numerous approaches have been conducted to deal with the multi-characteristic design problem by combining original Taguchi method and MCDM methods. In the MCDM problem, multiple criteria generally have different measurement units, which means that there may be a large difference in the physical value of the criteria and ultimately makes it difficult to integrate the measurements for the criteria. Therefore, the normalization technique is usually utilized to convert different units of criteria into one identical unit. There are four normalization techniques commonly used in MCDM problems, including vector normalization, linear scale transformation(max-min, max, or sum). However, the normalization techniques have several shortcomings and do not adequately incorporate the practical matters. For example, if certain alternative has maximum value of data for certain criterion, this alternative is considered as the solution in original process. However, if the maximum value of data does not satisfy the required degree of fulfillment of designer or customer, the alternative may not be considered as the solution. To solve this problem, this paper employs the desirability function that has been proposed in our previous research. The desirability function uses upper limit and lower limit in normalization process. The threshold points for establishing upper or lower limits let us know what degree of fulfillment of designer or customer is. This paper proposes a new design optimization technique for multi-characteristic design problem by integrating the Taguchi method and our desirability functions. Finally, the proposed technique is able to obtain the optimal solution that is robust to multi-characteristic performances.

An MCDM-Based Integrated Economic Analysis Model for the New Telecommunication Services (다기준 의사결정기법을 활용한 신규통신 서비스의 총체적 사업성 분석)

  • Chang, Haeng-Gorn;Choi, Sang-Hyun;Choi, Yong-Sun;Kim, Soung-Hie
    • IE interfaces
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    • v.5 no.2
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    • pp.3-17
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    • 1992
  • In this study, an integrated economic analysis model to analyze the new telecommunication services is developed. This model considers both the technological and managerial aspests altogether with respect to the profit and public benefit criteria. To encounter the various dynamically changing environments and evaluation criteria, multiple criteria decision making (MCDM)techniques are employed. The model consists of three stages; The first stage surveys related formal or informal data, generates analysis alternatives, and performs acceptabillty test in view of marketing. The second stage generates executive alternatives for each acceptable analysis alternative and checks the executionability in view of telecommunication technologies. The third stage performs the final integrated economic analysis including the profitability analysis. This study offers a basis for the future development of decision support system or expert system on the economic analysis of the new telecommunication services.

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Suggestion of Weighted Utopian Approach for Combining Weighting Methods and Utopian Approach (가중치 산정기법과 Utopian Approach를 결합한 Weighted Utopian Approach의 제안)

  • Yoo, Do-Guen;Jun, Hwan-Don;Jung, Dong-Hwi;Kim, Joong-Hoon
    • Journal of the Korean Society of Hazard Mitigation
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    • v.10 no.4
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    • pp.119-125
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    • 2010
  • The most important part in the decision making is to decide the weight of attributes which indicate the relative importance of the properties to be estimated with different criteria respectively. In this study, the new MCDM method which consider typical preexisting methods all together is proposed. For doing those, Weighted Utopian Approach is newly suggested by combining typical 7 weighting methods and distance-based Utopian Approach which is one of the MCDM methods. The suggested method has the advantage of accomplishing representativeness and universality of the MCDM methods because it incorporates multiple weighting methods of diverse characteristics. It also yields not only the one final result but also the results calculated from each weighting method, broadening the options of the choice to the alternatives. The application of the new model to virtual engineering problems show that we can perform the decision making and the assessment of priority order more objectively with it and that it has high applicability to the practice, giving us simple calculation process.