• Title/Summary/Keyword: Multiple Criteria Decision Making

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Optimistic vs Pessimistic Use of Incomplete Weights in Multiple Criteria Decision Making

  • Park, K. Sam;Lee, Pyoungsoo
    • Management Science and Financial Engineering
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    • v.21 no.2
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    • pp.9-11
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    • 2015
  • This note is concerned with the use of incomplete weights in multiple criteria decision making. In an earlier study, an optimistic use of incomplete weights is developed to prioritize decision alternatives, which applies the most favorable set of weights to the alternative to be evaluated. In this note, we develop a method for a pessimistic use, thereby applying the least favorable weight set to the evaluated alternative. This development makes possible a more detailed prioritization of competing alternatives, and hence enhances decision-making powers.

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.

Decision Methods for Evaluation of Alternatives (대안 평가를 위한 의사결정 기법)

  • Nam, Kie-Chang;Hong, Sang-Pyo
    • Journal of Environmental Impact Assessment
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    • v.9 no.4
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    • pp.363-372
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    • 2000
  • For any particular development project or environmental regulations, decision-making criteria is required and conflicts among criteria should be resolved. It is necessary to investigate criteria that government agencies employ in making decisions that influence the environment. The evaluation of alternative development proposals and regulatory measures involves much more than environmental issues. Economic, technical, and social factors should be considered along with environmental impacts when making evaluations. Evaluation should be based on values of all individuals who may be affected by public or private decisions. There are many evaluation methods for determining how individuals and groups value alternative public actions. Numerous weighting-scaling methodologies can be used in such evaluations. These methodologies represent adaptations of multiple-criteria or multiple-attribute decision-making techniques. Environmental risk assessment which accounts for uncertainties in choosing among alternative policies and projects is increasingly used.

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An Effective Fuzzy Multi-Criteria Decision Making Methodology in the Intersectional Dependence Relations (교차종속관계하에서의 효율적인 퍼지 다기준의사결정법)

  • 심재홍;김정자
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.21 no.45
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    • pp.11-23
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    • 1998
  • This paper presents a more efficient evaluation of alternatives by use of multi-criteria decision making methodlogy under fuzzy intersectional dependence relations. The performance evaluation of most systems such as weapons, enterprise systems etc. are multiple criteria decision making problems. The descriptions and judgements on these systems are usually linguistic and fuzzy. The traditional methods of Analytic Hierarchy Process(AHP) are mainly used in crisp(non-fuzzy) decision applications with a very unbalanced scale of judgements and rank reversal. To overcome these problems, we will propose a new, general decision making method for evaluation models using fuzzy AHP(FAHP) under fuzzy intersectional dependence relations. The T.M.S alternatives A, B and C will be evaluted by the Fuzzy Analytic Hierachy Process (FAHP) based on entropy weight in this study. We will use symmetric triangular fuzzy numbers to indicate the relative strength of the elements in the hierachy and degree of intersection between criteria. These problems are evaluated by five criteria : tactical criteria, technology criteria, maintenance criteria, economy criteria, advacement criteria.

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- A Study on Improving Reliability for Multiple Criteria Decision Making Using Taguchi Method - (다구찌 기법을 적용한 다기준 의사결정 모형의 신뢰성 향상에 관한 연구)

  • Heo Jun Young;Park Myeong Kyu
    • Journal of the Korea Safety Management & Science
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    • v.6 no.3
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    • pp.249-273
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    • 2004
  • Finding an optimal solution in MADN[(Multi-Attribute Decision-Making) problems is difficult, when the number of alternatives, or that of attributes is relatively large Most of the existing mathematical approaches arrive at a final solution on the basis of many unrealistic assumptions, without reflecting the decision-maker's preference structure exactly. In this paper we suggest a model that helps us find a group consensus without assessing these parameters in specific cardinal values. Therefore, This research provides a comprehensive Decision Making of the theory and methods applicable to the analysis of decisions that involve risk and multiple criteria attributes. after, The emphasis of the procedure will be on developments from the fields of decisions analysis and utility theory of Taguchi Method. This theoretical development will be illustrated through the discussion of several real-world application and a case study. When the multiple number of decision makers are involved in the decision making procedure, the problem of uncertainties invariably occurs, because of the different views between them. In this paper, New decision making model using Taguchi Method is applied to effectively model the multi-attribute-decision making(MADM) procedure in the uncertainties dominated two area(quantitative and qualitative factors), Quantitative factors evaluation is used Loss Function of Taguchi, qualitative factors evaluation is used 50 ratio by each specialist. thus it can be used for aiding of preferable alternative. as a result, We will be proved efficiency about New decision making model of applied Taguchi Method with Analytical presentation of all the expecting outcomes when a specific strategy or an alternative plan is selected under expecting future environment.

Multi-criteria Evaluation of Mobile Network Sharing Policies in Korea

  • Song, Young-Keun;Zo, Hangjung;Ciganek, Andrew P.
    • ETRI Journal
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    • v.36 no.4
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    • pp.572-580
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    • 2014
  • Mobile operators in saturated markets increasingly favor mobile network sharing (MNS) over facility-based competition. Previous research examining MNS primarily focused on its positive effects, while the negative effects were largely overlooked. This study proposes a decision-making model using an analytic hierarchy process technique to evaluate decision-making criteria among various types of MNS policies. The decision-making model was applied to Wireless Broadband services in Korea to determine the relative importance of both positive and negative evaluation criteria and preference among multiple types of MNS policies. Positive evaluation criteria (that is, efficiency) were far greater in importance than negative evaluation criteria (that is, competition harm). The preference for adopting MNS among five alternative approaches was also revealed. The study findings offer immediate policy insights in Korea and provide a decision-making framework for policy makers in other countries to utilize.

A decision making framework model for the selection of a RP using hybrid multiple attribute decision making techniques (3차원 조형장비 선정을 위한 복합 다요소 의사결정 구조 모델 개발에 관한 연구)

  • Byun, Hong-Seok
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.7 no.3
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    • pp.87-95
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    • 2008
  • The purpose of this study is to provide a decision support to select an appropriate rapid prototyping(RP) machine that suits the application of a part. Selection factors include concept model, form/fit/functional model, pattern model for molding, material property, build time and part cost that greatly affect the performance of RP machines. However, the selection of a RP is not an easy decision because they are uncertain and vague. For this reason, the aim of this research is to propose hybrid multiple attribute decision making approaches to effectively evaluate RP machines. In addition, because subjective considerations are relevant to selection decision, a fuzzy logic approach is adopted. The proposed selection procedure consists of several steps. First, we identify RP machines that the users consider. After constructing the evaluation criteria, we calculate the weights of the criteria by applying the fuzzy Analytic Hierarchy Process(AHP) method. Finally, we construct the fuzzy Technique of Order Preference by Similarity to Ideal Solution(TOPSIS) method to achieve the ranking order of all machines providing the decision information for the selection of RP machines.

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A Study on the Multi-Criteria Decision Making for Effect Analysis and Decision Making of Weapon System (무기체계의 효과분석과 의사결정을 위한 다기준분석 방법론의 연구)

  • Lim, Sung-Hoon;Cho, Ki-Hong;Park, Seung
    • Journal of the Korea Institute of Military Science and Technology
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    • v.12 no.5
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    • pp.557-562
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    • 2009
  • Weapon system currently considers the research about effect analysis including cost effectiveness methodology for a budget management and an achievement of the military strategy goal. So that, this study considers the theoretical background, strength and weakness of several Multi-Criteria Decision Making, and an effect analysis of weapon system. And AHP(Analytic Hierarchy Process) is selected for the best effect analysis methodology of weapon system. Therefore, we applied AHP to the case study of the new generation Multiple Launcher Rocket System, performing the analysis of cost effectiveness methodology. Using AHP and cost effectiveness methodology, we propose the actual and proper decision making result.

Multiple criteria decision making method for selecting of sealing element for earth dams considering long and short terms goals

  • Rashidi, Babak;Shirangi, Ehsan;Baymaninezhad, Matin
    • Wind and Structures
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    • v.26 no.2
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    • pp.69-74
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    • 2018
  • Nowadays, using math logic in great civil projects is considered by the clients to achieve the goals of project including quality optimization, costs, avoiding individual, emotional and political decision making, long-term and short-term goals and they are the main requirements of each project and should be considered by the decision makers to avoid the illogical decision making applied on the majority of civil projects and this imposes great financial and spiritual costs on our country. The present study attempts to present one of the civil projects (Ghasre Shirin storage dam) whose client was not ministry of energy for the first time and the short-term and long-term goals of the private sector were applied based on the triangle of quality, cost and time. Also, the math logic and model (multi-criteria decision making method and decision making matrix) is used in one of the most important sections of project, sealing element, policies and new materials (Geosynthetics) are considered and this leads to suitable decision making in this regard. It is worth to mention that this method is used for other sections of a dam including body, water diversion system, diaphragm and other sectors or in other civil projects of building, road construction, etc.

Multi-Criteria Group Decision Making Considering the Willingness to Reject and the Indifferent Preference (거부 및 무차별 선호 조건을 고려한 다기준 그룹 의사결정)

  • Choi, Ji-Yoon;Kim, Jae-Hee;Kim, Sheung-Kown
    • Journal of Korean Institute of Industrial Engineers
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    • v.38 no.1
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    • pp.57-66
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    • 2012
  • The paper deals with the development of a model for group decision making under multiple criteria. The Multi-criteria group decision making (MCGDM) is the process to determine the best compromise solution in a set of competing alternatives that are evaluated by decision makers having their own preferences on conflicting objectives. For MCGDM, we propose a Mixed-Integer Programming (MIP) model that implements a revised median approach by noticing that the original median approach cannot consider the willingness to reject and the indifferent preference conditions. The proposed MIP model tries to select a common best Pareto-optimal solution by maximizing the overall desirability considering the willingness to reject and the indifferent preference that represent the tolerance measure of each decision maker. To evaluate the effectiveness of the proposed model, we compared the results of the proposed model with those of the median approach. The results showed that the proposed MIP model produces more realistic and better compromised alternative by incorporating the decision maker's willingness to reject and the indifferent preferences over each criteria.