in the process of investment decision making, next to financial indicators many other aspects of investment projects are increasingly often considered. this leads to the multi-criteria evaluation of a project. the advantage of multi-criteria methods is the ability to take into account all (not only financial) aspects of the attractiveness of an investment project. the selection of criteria of p...

In this paper, the problem of choosing from a set of design alternatives based upon multiple, conflicting and uncertain criteria is investigated. Multiple attributes can arise when different disciplines contribute to the design of a product or process. The Overlap Measure Method developed in this paper models two sources of uncertainties – imprecise attribute values provided to the decision mak...

vendor selection is dominantly considered to be a multi attribute decision making (madm) problem, since the decision maker needs to evaluate suppliers simultaneously in different and even contrastive evaluation criteria. one shortcoming of madm methods is that they only compare alternatives with each other, and there is no comparison with the requirements of the buying company. a very efficient...

background: nowadays, the health work decision makers need to analyze a huge amount of data and consider many conflicting evaluation criteria and sub-criteria. therefore, an ergonomic evaluation in the work environment in order to the control occupational disorders is considered as the multi criteria decision making (mcdm) problem. in this study, the ergonomic risks factors, which may influence...

the recent years have witnessed an increasing attention to the methods of multiple attribute decision making in solving the problems of the real world due to their shorter time of calculation and easy application. one of these methods is the ‘permutation method’ which has a strong logic in connection with ranking issues, but when the number of alternatives increases, solving problems through th...

considering the contemporary business settings, managers’ role is more than essential to the viability and further development of an organization. managers should possess such skills in order to effectively cope with the competition. multiple attributes decision making (madm) is an approach employed to solve problems involving selection from among a finite number of alternatives. the aim of thi...

Decision Support Systems under Multiple Objectives (MODSS) has been classified as a specific type of system within the broad family of DSS and has been one of the most active areas of research. However, despite its theoretical development large scale real-world applications of multi-objective decision making (MODM) methods had been seriously lacking due to the technical knowledge and expertise ...

Species selection based on a new method such as a fuzzy method is one of the most important stages in the successful plantation management planning as choosing a suitable species for the site can be the key to success. This paper is based on a fuzzy extension of the Technique or Order Preference which is similar to Ideal Solution (TOPSIS) method. The purpose of this paper is to develop fuzzy TO...