The aim of this paper is to present Decision Support Concept (DSC) for management of construction projects. Focus of our research is in application of multicritera methods (MCM) to decision making in planning phase of construction projects (related to the problem of construction sites selection). The problem is identified as a significant one from many different aspects such as economic aspect,...

Public Venture Capital financing often fail rigorous scrutiny in their selection of high-potential start-ups as compared to Private Venture capital. In some developing countries, decision making on final selection for financial support of early stage but high potential Small and Medium sized Enterprises (SMEs) are often ‘clouded’ by several factors including consideration of political party aff...

Optimal design problem are widely known by their multiple performance measures that are often competing with each other. In this paper, an optimal multiproduct batch chemical plant design is presented. The design is firstly formulated as a multiobjective optimization problem, to be solved using the well suited non dominating sorting genetic algorithm (NSGA-II). The NSGA-II have capability to ac...

The decision of information technology (IT) outsourcing requires close attention to the evaluation of supplier selection process because the selection decision involves conflicting multiple criteria and is replete with complex decision making problems. Selecting the most appropriate suppliers is considered an important strategic decision that may impact the performance of outsourcing engagement...

In recent years, determining the best supplier has become a key strategic consideration in the competitive market. Since the decision commonly involves evaluating different criteria or attributes, supplier selection process is a multiple criteria decision-making (MCDM) problem. This study integrates the Taguchi loss function, analytical hierarchy process (AHP) and multi-choice goal programming ...

Supplier selection can be considered as a complicated multi criteria decision-making problem. In this paper the problem of supplier selection is studied in the presence of conflicting evaluations and insufficient information about the criteria and different attitudes of decision makers towards the risk. Most of fuzzy approaches used in multicriteria group decision making (MCGDM) are non-intuiti...

This paper examines the existing literature on green supplier selection. In total, 60 articles are reviewed, all published in peer-reviewed journals between 1991 and 2011. The articles are analyzed in terms of several general variables such as type of research and theoretical viewpoint, as well as more specific variables such as the supply chain position considered, stages of the supplier selec...

The present study uses a large group decision-making technique to identify and rank the best big data-driven circular economy (BDDCE) practices in auto-component industry. data pertaining BDDCE were collected from decision-makers three groups, namely, purchasing, manufacturing, logistics & marketing function manufacturing First, consensus on within was ascertained followed by determining decisi...

Green supplier selection is an important part of green supply chain management. To improve the validity and reliability of green supplier selection, this paper constructed a model based on the improved intuitionistic fuzzy TOPSIS. Firstly, the concepts of intuitionistic fuzzy set and intuitionistic fuzzy number were given, and a series of algorithms and aggregation operators were defined; on th...

Nowadays, companies have to improve their practices in the management of green supply chain with increased awareness of environmental issues worldwide. Selecting the optimum green supplier is crucial for green supply chain management, which is a challenging multi-criteria decision making (MCDM) problem. Moreover, while evaluating the performance of alternative suppliers, decision makers tend to...