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, there are several competing preference measurement scales and aggregation techniques. In this paper, we compare these … alternatives: Two extremes and one compromise. Six different measurement scales described previously in the literature and the new … proposed logarithmic scale are considered for applying the additive and the multiplicative aggregation techniques. The results …
Persistent link: https://www.econbiz.de/10014199605
Purpose: Evaluation and selection of efficient suppliers is one of the key issues in supply chain management which depends on wide range of qualitative and quantitative criteria. The aim of this research is to develop a mathematical model for evaluating and selecting efficient suppliers when...
Persistent link: https://www.econbiz.de/10011913045
In the history, the different methods of economic production have been introduced as the dominant method. All of them have a start time, peak time, and wane time and finally, left scene for another method. Today, we live in an era that the knowledge-based economy is introduced as a dominant...
Persistent link: https://www.econbiz.de/10012891402
The paper outlines the most important shipbuilding strategies in Romania that would allow this industry to increase its performance to be competitive. The research is mainly based on the collection of information from experts in the field from ANCONAV (Romanian Shipbuilders Association),...
Persistent link: https://www.econbiz.de/10013259311
The first step in starting each production is the choice of suppliers. The choice of suppliers is influenced by many factors that differ depending on whether it is the first relationship with suppliers or it is about establishing partnerships with suppliers. Factors influencing selection are...
Persistent link: https://www.econbiz.de/10012012551
Persistent link: https://www.econbiz.de/10011753639
Different multi-criteria decision-making (MCDM) techniques require different levels of computational intensity and may produce different outputs, so selecting an appropriate technique largely determines the quality of the recommended decision and the effort required to obtain that decision. In...
Persistent link: https://www.econbiz.de/10011822782
This study introduces an objective multicriteria ranking method based on the Analytic Hierarchy Process (AHP). Different multicriteria decision analysis methods generate different solutions for the same ranking problem because of their varying mathematical models. In AHP, decision makers...
Persistent link: https://www.econbiz.de/10012946792
Purpose - The paper aims to propose a practical model for market segment selection and evaluation. The paper carries out a technique of order preference similarity to the ideal solution (TOPSIS) approach to make an operation systematic dealing with multi-criteria decision- making problem....
Persistent link: https://www.econbiz.de/10012695173
Decision-making on real-world problems, including individual process decisions, requires an appropriate and reliable decision support system. Fuzzy set theory, rough set theory, and neutrosophic set theory, which are MCDM techniques, are useful for modeling complex decision-making problems with...
Persistent link: https://www.econbiz.de/10013259474