Multi criteria decision making (MCDM) methods like analytic hierarchy process, ELECTRE and multi-attribute utility theory are critically studied. They have irregularities in terms of the reliability of ranking of the best alternatives. The Routing Decision Support (RDS) algorithm is trying to improve some of their deficiencies. This paper gives a mathematical verification that the RDS algorithm...

In the last few years, several Multi-criteria Decision Making (MCDM) methods have been proposed. One of these methods, known as TODIM (an acronym in Portuguese for Interative Multi-criteria Decision Making), has been extended to uncertain MCDM problems. Firstly, using fuzzy numbers and recently using intuitionistic fuzzy numbers. The recently developed intuitionistic fuzzy TODIM, for short, IFT...

This chapter aims to delineate measurement of level-of-satisfaction during decision making under intelligent fuzzy environment. Before proceeding with the multi-criteria decisionmaking model (MCDM), we attempt to build a co-relation among decision support systems (DSS), decision theories and fuzziness of information. The so-relation shows the necessity of incorporating decision makers’ (DM) lev...

Group decision making methods such as Multi-Criteria Decision Making (MCDM) have been developed extensively, but their organizational use for group decision making has been difficult. According to Arrow’s Impossibility Theorem, one possible reason is that a group decision outcome could never satisfy every decision maker’s individual preference. This paper proposes a fuzzy GSS (Group Support Sys...

The success of an industry depends on optimization of product cost and for achieving above goal Internal selection should be efficient. In the present study an efficient Multi-Criteria Decision Making (MCDM) approach has been proposed for quality evaluation and performance appraisal in vendor selection. Vendor selection is a Multi-Criteria Decision Making (MCDM) problem influenced by several pa...

The first steps of multi-criteria decision making (MCDM) are typically the decomposition and structuring of the decision problem at hand. As all subsequent process steps of MCDM are based on the initial structuring of the decision problem, the validity of the structure representing the decision problem is of particular importance for the quality of the decision making process. This paper seeks ...

making decision has become one of the most challenging responsibilities of managers in recent decades. finding the optimum solution for multiple criteria decision making problems is complicated. notably, multiplicity of decision making indices accompanied by variability in quantitative and qualitative measures aggregates the complexity of decisions. operations research (or) and multiple criteri...

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...

the sensitivity analysis for multi-attribute decision making (madm) problems is important for two reasons: first, the decision matrix as the source of the results of a decision problem is inaccurate because it sorts the alternatives in each criterion inaccurately. second, the decision maker may change his opinions in a time period because of changes in the importance of the criteria and in the ...