Many societal decisions involve complexity and conflicting objectives. Preferences in such environments can be expected to change as situations evolve. In this paper, we propose a procedure that incorporates MCDM into system dynamics modeling to handle dynamic multiple criteria situations, which we name dynamic MCDM. A case of urban infrastructure is presented to illustrate the procedure. Dynam...

Multiple Criteria Decision Making (MCDM) shows signs of becoming a maturing field. There are four quite distinct families of methods: (i) the outranking, (ii) the value and utility theory based, (iii) the multiple objective programming, and (iv) group decision and negotiation theory based methods. Fuzzy MCDM has basically been developed along the same lines, although with the help of fuzzy set ...

This paper compares two multi-criteria decision making (MCDM) approaches based on linguistic label assessment. The first approach consists of a modified fuzzy TOPSIS methodology introduced by Kaya and Kahraman in 2011. The second approach, introduced by Agell et al. in 2012, is based on qualitative reasoning techniques for ranking multi-attribute alternatives in group decision-making with lingu...

The selection of the most suitable machining process for a given machining application is not straightforward and requires consideration of a number of techno-technological and economic criteria. Therefore is often viewed as a multi-criteria decision making (MCDM). This paper is focused on multi-criteria economic analysis of various machining processes by applying recently developed MCDM method...

in traditional portfolio selection model coefficients often are certain and deterministic, but in real world these coefficients are probabilistic. so decision maker cannot estimate them exactly. financial optimization is one of the most attractive areas in decision under uncertainty. in the portfolio selection problem the decision maker considers simultaneously conflicting objectives such as ra...

One of the interesting features Multi-Criteria Decision Making/ Multiple Attribute Making (MCDM/ MADM) is that a number techniques can be used to solve same problem. In general, three common categories decision problems are choice problem, ranking and sorting While, issue more emphasized in MCDM/ MADM, but literature weakly consider problems. Several solutions for above problem suggested (i.e.,...

The design process of a superconducting current limiter (SFCL) requires simulation and definition of its electrical, magnetic and thermal properties in form of equivalent circuits and mathematical models. However, any change in SFCL parameters: dimension, resistance, and operating temperature can affect the limiting mode, quench time, and restore time. In this paper, following the simulation of...

The present manuscript describes a computational model employed to characterize the performance and emissions of commercial marine diesel engine. This analyzes several pre-injection parameters, such as starting instant, quantity, duration. goal is reduce nitrogen oxides (NOx), well its effect on consumption. Since some parameters considered have opposite effects results, work proposes MCDM (Mul...

The idea of concordance is central to many MCDM techniques. It leads to comparing alternatives by pairs on the basis of a comparison in terms of importance of the coalitions of attributes favoring each element of the pair. Such a way of comparing alternatives has a definite “ordinal” flavor. It is well-know that it may lead to relations that do not possess any remarkable transitivity properties...