Browse > Article
http://dx.doi.org/10.5394/KINPR.2020.44.4.319

An Evaluation of Business Performance for Water Transportation Company Groups Using the Integrated Fuzzy AHP-PROMETHEE Method  

Jang, Woon-Jae (Division of Maritime transportation, Mokpo National Maritime University)
Abstract
The Korean government has been pursuing many supporting programs to enhance the competition of water transportation companies in recent years. To implement the policies effectively, which needs its monitering and evaluates about their business performance. The purpose of this study was to evaluate the business performance of water transportation company groups and determine the outranking between the groups using the Integrated Fuzzy AHP-PROMETHEE.. To achieve this purpose, first, the companies were classified into seven alternative company groups and the criteria for their evaluation was extracted Second, the weights of the criteria, by maritime and port expert survey, were calculated using the Fuzzy AHP. This paper, finally, determined the total priority orders of their company groups as the link Fuzzy PROMETHEE II with weights of the criteria and the local priority orders between them using the Fuzzy PROMETHEE I. In the proposal for this model, thus was collected four criteria such as growth ability, beneficial ability, technical ability, and productive ability. Through the result of this evaluation, the other marine transportation services group was determined as the highest outranking but the inland passenger & cargo transportation services group was lowest. Thus, the developing plan of the productive ability for the other marine transportation services group should be reviewed to continue its good performance, and all off the criteria for the inland passenger & cargo transportation services group to raise the performance should be reviewed.
Keywords
water transportation company groups; business performance; Fuzzy AHP (Analytic Hierarchy Process); weights; Fuzzy PROMETHEE (preference ranking organization method for enrichment evaluation);
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
연도 인용수 순위
1 Ha, T. J., Moon, S .U., Jeong, G. C. and Koh, M. J.(2015), "Performance Analysis of NGE Policy based on Firm Competitiveness Index", Industrial Revolution Research Vol. 31, No. 1, pp. 1-30.
2 Han, S. Y. and Lee, J. S.(2018), "Business Performance Indicators and Determinants Analysis of Small and Medium Sized Shipping Logistics Companies in Korea - Using 2015 Economic Census Data", Journal of Korea Port Economic Association, Vol. 34, No. 4, pp. 53-68.   DOI
3 Jang, W. J.(2013), "Priority Evaluation of Preliminary Cases for IMO Information Management System using Fuzzy TOPSIS and AHP", Journal of Navigation and Port Research. Vol. 37, No. 5, pp. 493-498.   DOI
4 Ko, H. J. and Kil, K. S.(2011) "A Study on the Evaluation of Competitiveness for Container Terminal Operators", Journal of Navigation and Port Research, Vol. 35, No. 8, pp. 667-675.   DOI
5 Shin, S. H. and Lee, M. H.(2017), "An Analysis of Competitiveness for Korean Shipping Companies", The Journal of Shipping and Logistics Vol. 53, pp. 1-15.
6 Statistics Korea(2018), Report on transportation survey(2013-2018), http://kostat.go.kr/
7 Brans, J. P., Vincke, P. and Mareschal, B.(1986), "How to select and how to rank projects: The PROMETHEE method", European journal of operational research, Vol. 24, No. 2, pp .228-238.   DOI
8 Adel, H. M. and Madjid, T.(2011), "An extension of the Electre I method for group decision-making under a fuzzy environment", Omega, Vol. 39, pp. 373-386.   DOI
9 Ayhan, M. B.(2013) "A fuzzy AHP approach for supplier selection problem: a case study in a gearmotor company", International Journal of Managing Value and Supply Chains, Vol. 4, No. 3, pp. 11-23.   DOI
10 Bank of Korea(2019), Financial Statement Analysis for 2018, Bank of Korea.
11 Chan, F. T. S. and Kumar, N.(2007), "Global supplier development considering risk factors using fuzzy extended AHP based approach", Omega 35, pp. 417-431.   DOI
12 Chon, S. Y. and Ha, H. K.(2019), "Analysis on the Determinants of Port Competitiveness with Porter's Diamond Model: Application of AHP (Analytic Hierarchy Process)", Peter Drucker Society Vol. 12, No. 1, pp. 113-144.
13 Chou, S. W. and Chang, Y. C.(2008), "The implementation factors that influence the ERP(Enterprise Resource Planning) Benefits", Decision Support Systems, Vol. 46, No.1, pp. 149-157.   DOI
14 Eric, A. D., Zuzana K. O. and Stephen, N.(2015), "Selecting Start-Up Businesses in a Public Venture Capital Financing using Fuzzy PROMETHEE", Procedia Computer Science, Vol. 60, pp. 63-72.   DOI