The ELECTRE family of decision aid methods are well-known approaches in the field of multiple criteria decision aiding (MCDA). Different ELECTRE methods can be used for choice problem, ranking problem and sorting problem respectively. These methods are characterized by outranking relations and exploitation procedures. Different definitions of the outranking relations result in the difference of...

Purpose Making techniques PROMETHEE, direction of research in this emerging field. Design/Methodology/Approach: literature related to MCDM techniques PROMETHEE, ELECTRE, VIKOR and TOPSIS. Literature has been segregated to understand various issues and work related to MCDM techniques PROMETHEE, ELECTRE, VIKOR and TOPSIS. A detailed review is used to sort out the literature and develop the resear...

nowadays, liveliness and rapid maintenance of the development process of the companies are dependent on the accurate and complete understanding of the merits of the financial activities. since these merits are relative concepts that are based on comparisons, lists of ranking and comparison of industries with each other act as useful signposts for managers, politicians, and investors. the point ...

When considering Electre s valued outranking relations, aggregation/disaggregation methodologies have difficulties in taking discordance (veto) into account. We present a partial inference procedure to compute the value of the vetorelated parameters that best restore a set of outranking statements (i.e., examples that an Electre model should restore) provided by a decision maker, given fixed va...

We introduce the principle of robust ordinal regression to group decision. We consider the main multiple criteria decision methods to which robust ordinal regression has been applied, i.e., UTA and GRIP methods, dealing with choice and ranking problems, UTADIS , dealing with sorting (ordinal classification) problems, and ELECTRE , being an outranking method applying robust ordinal regression to...

The ELECTRE I is one of the most extensively used methods to solve multiple criteria decision making (MCDM) problems. In this paper, we propose a novel AHPbased ELECTRE I method of reliability design scheme decision for computer numerical control (CNC) machine. Based on the AHP method combined with ELECTRE I, the decision model is built to select the optimal design scheme. The AHP method is app...

The purpose of this paper is to extend the ELECTRE method based on intuitionistic fuzzy sets in decision analysis and experimental analysis on the proposed methods’ contradiction rate. We identify different kinds of concordance and discordance sets, e. g. concordance, midrange concordance, weak concordance, discordance, midrange discordance and weak discordance for each ordering at the proposed...