The present report further investigates the multi-criteria decision making tool named Fuzzy Compromise Programming. Comparison of different fuzzy set ranking methods (required for processing fuzzy information) is performed. A complete sensitivity analysis concerning decision maker’s risk preferences was carried out for three water resources systems, and compromise solutions identified. Then, a ...

A method of minimizing rankings inconsistency is proposed for a decision-making problem with rankings of alternatives given by multiple decision makers according to multiple criteria. For each criteria, at first, the total inconsistency between the rankings of all alternatives for the group and the ones for every decision maker is defined after the decision maker weights in respect to the crite...

Planning essentially involves decision making of some kind either by a single or a group of decision makers (planners). Quite often these decision making tasks are loaded with multiple conflicting objectives (goals, criteria etc). It becomes a formidable tasks for the planners to find a compromise solution in such circumstances. The techniques of multiple criteria decision making (MCDM) become ...

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...

Our study examines the group decision-making process and proposes a multi-criteria framework for e-commerce solution investment in information technology (IT) portfolios. First, the evaluation criteria that fit in the IT evaluation context are constructed. Second, the Fuzzy Analytic Hierarchy Process (FAHP) is employed to determine the weights of decision criteria and the benefit score to the c...

Business Intelligence refers to computer-based technologies, methodologies, tools, and systems for collecting, integrating, analyzing, and presenting large volumes of information to enable better business decision making. Increasingly, as businesses becomemore automated, data-driven, and real-time, business intelligence architecture evolves to support both strategic and operational levels of bu...

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...