Multicriteria decision-making (MCDM) problems often involve a complex decision process in which multiple requirements and fuzzy conditions have to be taken into consideration simultaneously. The existing approaches for solving this problem in a fuzzy environment are complex. Combining the concepts of grey relation and pairwise comparison, a new fuzzy MCDM method is proposed. First, the fuzzy an...

Due to the high uncertainty of business environment, the complexity and diversity of enterprise resource planning (ERP) projects and conflicting assessment criteria, appropriate ERP software selection can be viewed as a multi-criteria decisionmaking (MCDM) problem. Among the MCDM methods, extent analysis method (EAM) has been employed in many applications due to its computational simplicity. Ho...

Decision making about outsourcing or insourcing of manufacturing activities is a type of multiple criteria decision making (MCDM) problem, which requires considering quantitative and qualitative factors as evaluation criteria simultaneously. Therefore, a suitable MCDM method can be useful in this area as it can consider the interactions among quantitative and qualitative criteria. The analytic...

Sensitivity analysis (SA) is a prerequisite for model building since it determines the reliability of the model through assessment of uncertainties in the simulation results. With growing interest in extending GIS to support multi-criteria decision-making (MCDM) methods, enhancing GIS-based MCDM with sensitivity analysis procedures is crucial. SA should be involved in GIS-MCDM model evaluation ...

Low-carbon building (LCB) has been regarded as an innovative and practical approach to reducing building carbon emissions. The design decision-making for LCBs should consider various criteria which however are often associated with uncertain information. Little research has examined multi-criteria decision making (MCDM) in selecting LCB measures, particularly in high-density subtropical urban e...

Multi Criteria Decision Making (MCDM) is an advanced field of Operation Research; recently MCDM methods are efficient and common tools for performance evaluation in many areas such as finance and economy. The aim of this study is to show one of applications of mathematics in real word. This study with considering value based measures and accounting based measures simultaneously, provided a hybr...

Developing consensus is crucial to effective collaborative decision making and is particularly difficult in cases involving disruptive technologies, a new technology that unexpectedly displaces an established technology. Collaborative decision making often involves multiple criteria. Multicriteria decision making (MCDM) techniques, such as the analytical hierarchy process (AHP) and multiattribu...

Shopping malls are one of the glories of metropolises with their attractive shops and a wide variety people who are walking in order to purchase goods. Location of a shopping mall is one of the critical criteria, because it can influence the success of the project. In addition, selecting an appropriate location to establish a new shopping mall is a sophisticated, time consuming and risky decisi...

Geographical information systems (GIS) provide forest managers with tools to use in planning forest operations by allowing them to visualize and integrate data into the planning decisions. As the forest planning process becomes increasingly complicated, there is a need to assist forest planners with operative tools. The combined use of GIS and multi-criteria decision methods (MCDM) allows fores...

Multi-criteria decision-making (MCDM) can be formally implemented by various methods. This study compares suitability of four selected MCDM methods, namely WPM, TOPSIS, VIKOR, and PROMETHEE, for future applications in agent-based computational economic (ACE) models of larger scale (i.e., over 10 000 agents in one geographical region). These four MCDM methods were selected according to their app...