abstract this author introduces the concept of stepwise strategy approach (ssa) for dealing with a number of problems arises in the current age of technology. this new idea is combined with the knowledge of grey theory for adding flexibility to decision making process. grey theory is useful for grasping the ambiguity exists in the utilized information and the fuzziness appears in the human judg...

information accompanied with the technology supporting it is valuable asset in many organizations. as organizations are highly depended on it, implementing it effective governance is necessary for them. it governance areas affecting business are strategic alignment, risk management, performance management, resource management and providing value.  successful performances need a mix of structure...

This paper puts forward a grey situation group decision-making method on the basis of prospect theory, in view of the grey situation group decision-making problems that decisions are often made by multiple decision experts and those experts have risk preferences. The method takes the positive and negative ideal situation distance as reference points, defines positive and negative prospect value...

The rotation of starting pitchers is a strategic issue which has a significant impact on the performance of a professional team. Choosing an optimal starting pitcher from among many alternatives is a multi-criteria decision-making (MCDM) problem. In this study, a model using the Analytic Hierarchy Process (AHP) and Technique for Order Performance by Similarity to the Ideal Solution (TOPSIS) is ...

This paper proposes an improved score function for the effective ranking order of interval-valued intuitionistic fuzzy sets (IVIFSs) and an interval-valued intuitionistic fuzzy TOPSIS method based on the score function to solve multicriteria decision-making problems in which all the preference information provided by decision-makers is expressed as interval-valued intuitionistic fuzzy decision ...

This study reports on the performance assessment of the Asian airlines using TOPSIS – a multi-criteria decision making technique – as the cornerstone method to compute efficiency scores. Subsequently, and observing indicators frequently found in literature, TOPSIS results on efficiency levels are combined with GLMM-MCMC methods to assess the impact of contextual variables on performance. The re...

one of the most important requirements of developing appropriate strategies for international marketing is correct identification of target markets. using quantitative techniques and decision making skills will lead to better results regarding the evaluation of marketing strategies. in this study, first we have used internal factor evaluation (ife) matrix for recognizing and comparing strengths...

The multiple criteria decision making (MCDM) methods VIKOR and TOPSIS are based on an aggregating function representing ‘‘closeness to the ideal’’, which originated in the compromise programming method. In VIKOR linear normalization and in TOPSIS vector normalization is used to eliminate the units of criterion functions. The VIKOR method of compromise ranking determines a compromise solution, p...

An information fusion system with local sensors sometimes requires the capability to represent the temporal changes of uncertain sensory information in dynamic and uncertain situation to access to a hypothesis node which cannot be observed directly. One of the central issue and challenging problem is the decision of what combination and order of sensors allocation should be selected between sen...