The analytic network process (ANP) is presented as a potentially valuable method to support the selection of projects in a research and development (R&D) environment. This paper first discusses the requirements of the R&D project selection problem, which requires the allocation of resources to a set of competing and often disparate project proposals. Among the factors complicating this task is ...

The present study illustrates the application of analytical hierarchy process (AHP) to a decision-making problem. AHP is a popular and powerful method for solving multiple criteria decision-making (MCDM) problems. An attempt is made here to initialize the use of multicriteria decision-making methods for ranking alternatives that curb student absenteeism. Through the expert opinions, the criteri...

With the development of electronic information technique, electronic ecommerce grows rapidly, including B2C electronic commerce company. The evaluation of customer value in B2C electronic commerce company is a multiple-criteria decision making (MCDM) problem with many quantitative and qualitative attributes. This paper proposes fuzzy analytical hierarchy process (FAHP) approach to evaluate cust...

The credit risk evaluation of corporate bond is one of the difficult and hot research fields in the related research and plays a key role for corporate financing. Based on the fuzzy theory and analytic hierarchy process, a new credit risk evaluation model of corporate bond is presented. First an evaluation indicator system of credit risk of corporate bond is designed through analyzing the chara...

In this study, we present an integrated method of Analytical Hierarchy Process based on interval type-2 fuzzy sets (IT2FAHP) and Technique for Order Performance by Similarity to Ideal Solution based on on interval type-2 fuzzy sets (IT2FTOPSIS). The applicability of the proposed integrated method was performed on a case study of evaluation of life quality for 28 European Union Countries and oth...

With the development of economy, accumulation of intangible assets has gradually become an approach of maintaining competitive advantage and gaining profits. The conventional method has cost approach, income approach and market approach. Thereinto, the income approach is widely used in the assessment of intangible assets. But we often get combined value of intangible assets if we adopt income a...

The use of interval judgment in the analytical hierarchy process, called Interval Analytic Hierarchy Process (IAHP), has begun to grow in many decision making environments, providing an e ective means of modeling the presence of uncertainty in a decision makers judgment or representing comparisons in group decision making. Linear programming method can be used for generating weights in that sit...

This paper concerns with proposing a fuzzy logic based expert system to breakthrough the problem of alternatives evaluation in Analytic Hierarchy Process (AHP). AHP as a multi criteria decision aid helped decision makers for analyzing and prioritizing the alternatives in a hierarchical structure. During times AHP encountered some problems. Hence, fuzzy analytic hierarchy process (FAHP) and some...

Previous review papers on analytic hierarchy process (AHP) and TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) mainly focused on the application areas and paid scant attention to the framework development of AHP, TOPSIS and their hybrid methods. The purpose of this paper is to review the literature on analytic hierarchy process (AHP), type of scale used in AHP, modified ...

Energy dispatching in smart (micro)grids must take into account more conflicting objectives (or criteria), such as power reliability and quality, proper handling of the electricity demand, and cost decrease. The choice of the best alternative in energy dispatching decisions can be dealt with as a multi-criteria optimization and decision making problem. To this aim, we propose the use of linear ...