Developments in communication and transportation technology have increased access to formerly distant destinations in an unprecedented way. Tourist centers develop new strategies to increase their share in this growing market. Travel agencies put up advertisements to keep their present customers...

The heightened risks and opportunities posed by climate change call for increased attention by business executives to employ creative and rigorous methodology in generating strategic response options. Because climate change is influenced by an assortment of multiple and interdependent variables,...

The rapid growth in the volume of international container transport requires that the entire transport chain become more competitive, including maritime container terminals. The aim of the article is to identify the number and location of major Baltic container terminals and to perform a...

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...

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....

The aim of the paper is to develop a multicriteria decision model for choosing a University for postgraduate studies abroad. The research has been conducted through a questionnaire distributed to the students from the fourth year of undergraduate studies at the Ss. Cyril and Methodius University...

Decision problems, which include multi criteria that are conflicting and take both qualitative and quantitative values, multi-criteria decision-making approaches are effective for process modeling and achieving a solution. Decision process which has more than one decision maker is called group...

The article deals with the issue of assessment of the green growth in context of the Green Deal in the European Union Countries. Because this issue leads to the decision problem which has typical the properties of multi-criteria decision making (MCDM), the Analytical Hierarchy Process (AHP)...

Consistency ratio (CR) is a very important indicator for achieving the reliability of an individual’s pairwise comparisons in Analytic Hierarchy Process (AHP). Although the applications of fuzzy AHP need this kind of CR results as well, only a few of studies include these results. The most...

MCDM methods are useful to obtain information and generate knowledge useful for decision-making processes in multidisciplinary contexts. Particularly, when conflicts occur, knowledge is the key to start negotiation processes between stakeholders in order to achieve consensual solutions. The...