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

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Applying Innovative Model and Optimize Business Management for Product Market

  • liao, Shih-chung
    • Journal of Distribution Science
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    • v.11 no.3
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    • pp.13-22
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    • 2013
  • Purpose - Product purpose for optimal values solution for synthesize evaluative criteria and optimize product design values. In addition, product designer has to consider the product design to conform to project, laws and regulations, authentication, from the product design stage. Research design, data, methodology - How to use an evaluative criteria model's imprecise market data by evaluative criteria research design; product mapping relationships between design parameters and customer requirements using product predicted value method. An evaluative criteria model and their associated criteria status, product evaluative criteria model of results. Results - Therefore, after the enterprise product design project analysis, effectiveness and the customer degree of satisfaction must be appraised to obtain the maximum value for the benefit on behalf of the implementation goals, the promotion product level and market competition strength. Conclusions - In multi criterion decision making (MCDM), using its searching software capacity to obtain the optimal solution.

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Estimating the Position of Mobiles by Multi-Criteria Decision Making

  • Lee, Jong-Chan;Ryu, Byung-Han;Ahn, Jee-Hwan
    • ETRI Journal
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    • v.24 no.4
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    • pp.323-327
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    • 2002
  • In this study, we propose a novel mobile tracking method based on Multi-Criteria Decision Making (MCDM), in which uncertain parameters-the received signal strength, the distance between the mobile and the base station, the moving direction, and the previous location-are used in the decision process using the aggregation function in the fuzzy set theory. Through numerical results, we show that our proposed mobile tracking method provides a better performance than the conventional method using the received signal strength.

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Creating the Optimal Product Business Management System for Social and Enterprise Development

  • Liao, Shih-chung
    • Journal of Distribution Science
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    • v.11 no.6
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    • pp.21-30
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    • 2013
  • Purpose - This paper examines product design management, the current design focus of which has shifted to the need to produce innovation applications that can effectively respond to the market's consumption changes in a timely manner. Research design, data, methodology - This study discusses several methodologies that are widely used in experimental processes, such as fuzzy theory, multi-criteria decision-making theory, and managing decision making. The designers will better understand their customers by applying these methodologies. This study examines how the current trend in product innovation design observes customer needs, controls innovation, and stimulates design ability. Results - This paper takes innovative telephone design as an experimental case to investigate how to create a product using market-oriented and customized management concepts and creative design abilities. Conclusions - If accompanied by an innovative product value chain, a product can further the development of enterprise management, now the main element of every developed country's social and economic development.

Disaster Recovery Priority Decision of Total Information System for Port Logistics : Fuzzy TOPSIS Approach (항만물류종합정보시스템의 재난복구 우선순위결정 : 퍼지 TOPSIS 접근방법)

  • Kim, Ki-Yoon;Kim, Do-Hyeong
    • Journal of Information Technology Services
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    • v.11 no.3
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    • pp.1-16
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    • 2012
  • This paper is aimed to present a fuzzy decision-making approach to deal with disaster recovery priority decision problem in information system. We derive an evaluation approach based on TOPSIS(Technique for Order Performance by Similarity to Ideal Solution), to help disaster recovery priority decision of total information system for port logistics in a fuzzy environment where the vagueness and subjectivity are handled with linguistic terms parameterized by trapezoidal fuzzy numbers. This study applies the fuzzy multi-criteria decision-making method to determine the importance weight of evaluation criteria and to synthesize the ratings of candidate disaster recovery system. Aggregated the evaluators' attitude toward preference, then TOPSIS is employed to obtain a crisp overall performance value for each alternative to make a final decision. This approach is demonstrated with a real case study involving 4 evaluation criteria(system dependence, RTO, loss, alternative business support), 7 information systems for port logistics assessed by 5 evaluators from Maritime Affairs and Port Office.

Prioritization for Water Storage Increase of Agricultural Reservoir using FAHP Method (FAHP 기법에 의한 농업용저수지의 추가저수량 확보사업 우선순위 결정)

  • Choi, Eun Hyuk;Bae, Sang Soo;Jee, Hong Kee
    • Journal of Korea Water Resources Association
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    • v.46 no.2
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    • pp.171-182
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    • 2013
  • This paper presents the application of fuzzy set theory in multi criteria decision making (MCDM). FAHP (Fuzzy Analytic Hierarchy Process) method was used to rank alternatives to find the most reasonable and efficient way of agricultural reservoir water resources assessment. 6 criteria and 10 subcriteria had been identified and compared to secure agricultural water resources. Fuzzy numbers and linguistic variables were presented to address inherently uncertain or imprecise data. Comparison analysis of decision making method was also carried out to find a way of suitable decision making and validity of FAHP was discussed.

Assessing the Unemployment Problem Using A Grey MCDM Model under COVID-19 Impacts: A Case Analysis from Vietnam

  • NGUYEN, Phi-Hung;TSAI, Jung-Fa;NGUYEN, Hong-Phuc;NGUYEN, Viet-Trang;DAO, Trong-Khoi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.53-62
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    • 2020
  • The COVID 19 pandemic has led to a new global recession and is still causing a lot of issues because of the delays in the employment of people. This scenario has severe consequences for many countries' labor markets in the world. This problem's complexity and importance requires an integrated method of subjective and objective evaluation rather than intuitive decisions. This research aims to investigate sustainable indexes for assessing the unemployment problem by using a Multi-Criteria Decision-Making Model (MCDM). Grey theory and Decision Making Trial and Evaluation Laboratory (GDEMATEL) are deployed to transform the experts' opinions into quantitative data. The analysis based on 20 crucial criteria is employed to determine the weights of sustainability of unemployment problems. The results revealed that the top ten of determinants are Economic growth, Industrialization, Foreign direct investment, Real GDP per capita, Education level, Trade Openness, Capacity Utilization Rate, Urbanization, Employability skills, Education system expansion, which have the most significant effects on the unemployment rate under COVID 19 impacts. Furthermore, GDEMATEL could effectively assess the sustainable indicators for unemployment problems in "deep and wide" aspects. The study proposes the Grey MCDM model, contributes to the literature, provides future research directions, and helps policymakers and researchers achieve the best solutions to the unemployment problems under "economic shocks."

Using the MCDM of the Innovative Product Value Chain to Promote New Product Design

  • Liao, Shih-Chung
    • Asian Journal of Business Environment
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    • v.4 no.3
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    • pp.27-37
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    • 2014
  • Purpose - In the past, designs for traditional products have usually focused on historic techniques. However, this tradition of using historic techniques has now been replaced by the trend of using the innovative design concept. Research design, data, and methodology - To measure future market trends and quality requirements, we apply the results of the questionnaires and analyze them with various experimental processes and a design methodology. In this way, we gauge the impact of the innovative product value chain on the promotion of new products. Results - Accompanied with an innovative product value chain, the product can stimulate the development of enterprise management, which has become the main issue in social and economic development in every developed country, and can facilitate the progress of enterprise management throughout the enterprise. Conclusions - Customer demand should be emphasized as the primary means to solve design problems, to design optimal solutions, to create differentiation with competitors, and to pursue optimal marketing strategies.

Regarding the Preliminary Feasibility Study of National R&D Program : With Focus on the Applicability of Theory of Attractive Quality (국가연구개발사업 예비타당성조사 제도의 평가방식에 대한 연구 : 매력적 품질이론의 적용 가능성에 대하여)

  • Yim, Sung-Min;Jung, Uk
    • Journal of Korean Society for Quality Management
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    • v.42 no.2
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    • pp.131-143
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    • 2014
  • Purpose: This paper discusses the intrinsic assumption of one-dimensional relationship between the upper and lower levels in AHP(Analytic Hierarchy Process) for the Preliminary Feasibility Study of National R&D Program. This assumptions has not been questioned in academia and industry so far. Methods: This discussion is induced by understanding the Theory of Attractive Quality (Kano et al. 1984) and explains the limitation of AHP in the preliminary feasibility study of national R&D program. Results: In this paper, we propose a new questioning method based on two dimensional perspective, which is named as 2D-AHP (two dimensional AHP), to overcome the limitation. The main idea stems from the observation that the relationship between the upper and lower levels in AHP can vary depending on the subject of R&D. Conclusion: The two dimensional perspective pointed out in this paper should be more deeply studied in the field of MCDM(multi-criteria decision making) since it can be applied to the more general problems in human decision making.

Building a Product Design of Innovative Strategy for Creating Enterprise Development

  • Liao, Shih-Chung
    • The Journal of Industrial Distribution & Business
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    • v.5 no.1
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    • pp.17-25
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    • 2014
  • Purpose - Nowadays, the innovative design concept is being implemented in product design. In order to satisfy market trends and the demand for quality, designers should employ customer satisfaction questionnaires and analyze them with various experimental processes. Research design, data, and methodology - These methodologies would help designers have a better understanding of their customers and judge the market size and clustering validity, by diverse product strategies, for dealing with the rapid change prevailing in the market today. Results - By considering the innovative design with regard to telephones as an experimental case, the study investigates and demonstrates how the product can benefit from market-oriented and customized management concepts, when creative design ability is utilized for developing the product. Conclusions - Along with the benefit of having an innovative product value, the product can stimulate progress inthe development of the enterprise management, which has emerged as the main issue in the area of social and economic development in every developed country.

Aggregation of Decision Inputs with Ordered Weighted Averaging Operators and Application to the Multiple Criteria Decision Making Problems (순위가중치평균법에 의한 의사전략 결합 및 다기준의사결정 문제로의 적용)

  • Oh, Se-Woong;Park, Jong-Min;Yang, Young-Hoon;Seo, Ki-Yoel;Lee, Cheol-Young;Suh, Sang-Hyun
    • Journal of Navigation and Port Research
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    • v.31 no.6
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    • pp.537-543
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    • 2007
  • It's an important part to calculate the weights between criterions and to aggregate the decision inputs in a MCDM(Multi criterion decision making) This paper presents a method for aggregation cf decision inputs and application to the MCDM. We incorporate the fuzzy set theory and the basic nature of subjectivity due to ambiguity to achieve a flexible decision approach suitable for uncertain and fuzzy environments. To obtain the scoring that corresponds to the best alternative or the ranking of the alternatives, we need to use a total order for the fuzzy numbers involved in the problem. In this article, we consider a definition of such a total order, which is based on two subjective aspects: the degree of optimism/pessimism reflected with the ordered weighted averaging(OWA) oprators. A numerical example, expecially location analysis for anchorage area, is given to illustrate the approach.