When choosing a solution, decision makers are often required to account for multiple conflicting objectives. This is a situation that can result in a potentially huge number of candidate solutions. Despite the wide selection of multivariate visualizations that can potentially help decide between various candidates, no designated means exist to assess the effectiveness of these visualizations un...

supplier evaluation and selection is important in supply chain management. this is a typical multiple criteria decision making that consists of both quantitative and qualitative factors. ahp is a proper approach to aid this decision making problem, because of its inherent capacity to handle qualitative and quantitative criteria, but when criteria are dependent this method is not so good. also t...

The current study set to extend a new VIKOR method as a compromise ranking approach to solve multiple criteria decision-making (MCDM) problems through intuitionistic fuzzy analysis. Using compromise method in MCDM problems contributes to the selection of an alternative as close as possible to the positive ideal solution and far away from the negative ideal solution, concurrently. Using Atanasso...

Supplier selection is a complex multiple criteria decision-making (MCDM) problem, which considers a number of alternative suppliers as well as conflicting and noncommensurable criteria. Considering the fact that it is difficult to precisely determine criteria weights and the ratings of alternatives on each criterion in real-life situations, the VIKOR (VIsekriterijumska optimizacija i KOmpromisn...

In recent years stock exchange has become one of the most attractive and growing businesses in respect of investment and profitability. But applying a scientific approach in this field is really troublesome because of variety and complexity of decision making factors in the field. This paper tries to deliver a new solution for portfolio selection based on multi criteria decision making literatu...

A common procedure in Multi-Criteria Decision Analysis is pairwise comparison of alternatives with respect to some criteria. The result of this comparison, whether exact or subjective, is a weight associated to the pair of alternatives measured on some scales. Some authors organize their results in pairwise comparison matrix as a base for further calculation. Potential Method (PM), introduced h...