The analytic hierarchy process (AHP) is used as a modelling and solution tool for multicriteria decision making. The AHP breaks a problem down and then aggregates the solutions of all the subproblems into a conclusion. By breaking it down, the AHP utilizes the human ability to make sound judgements about small problems. (see Saaty 1991 and Saaty 1996.) The most creative part of decision making ...

In this paper, we propose an approach for corporate decision making with self-organizing patent maps labeled by technical terms and AHP. First, we select the patent area of interest and collect pertinent patent documents in text format. Second, we extract keywords by text mining to transform patent documents into feature vectors of the companies. Third, we input the feature matrix of technical ...

When the cost of raw materials or component parts dominates the product cost, supplier selection becomes a crucial process for the company to maintain the cost while holding the quality of the products. At the same time, it is likely that the supplier offers bundling products, strategy to get more orders from the company. In this situation, purchasing manager requires decision-making tool which...

Equipment selection is a key factor in modern construction industry. As it is a complex factor, current models offered by literatures fail to provide adequate solutions for major issues like systematic evaluation of soft factors and weighting of soft benefits in comparison with costs. This paper aims at making a comparative study between GA and AHP by utilising MATLAB as a tool. It is a conveni...