in today’s highly competitive manufacturing environment, an effective supplier selection process is very important for the success of any business organization. selection of the best supplier is always a difficult task for the purchasing manager. suppliers have varied strengths and weaknesses which require careful assessment by the purchasing manager before selecting and ranking them. any suppl...

in an arid country like kuwait with harsh and hot climate conditions, the scarcity of fresh water supplies presents a serious threat to sustainable socio-economic development and growth. kuwait is an oil rich country with capital abundance and coastal locations enabled it to build desalination plants for fresh water production that is sold to the customers at highly subsidized prices. however, ...

the evaluation and selection of recommender systems is a difficult decision making process. this difficulty is partially due to the large diversity of published evaluation criteria in addition to lack of standardized methods of evaluation. as such, a systematic methodology is needed that explicitly considers multiple, possibly conflicting metrics and assists decision makers to evaluate and find...

The evaluation and selection of recommender systems is a difficult decision making process. This difficulty is partially due to the large diversity of published evaluation criteria in addition to lack of standardized methods of evaluation. As such, a systematic methodology is needed that explicitly considers multiple, possibly conflicting metrics and assists decision makers to evaluate and find...

Dimensional analysis, for multi-criteria decision making, is a mathematical method that includes diverse heterogeneous criteria into a single dimensionless index. Dimensional Analysis, in its current definition, presents the drawback to manipulate fuzzy information commonly presented in a multi-criteria decision making problem. To overcome such limitation, we propose two dimensional analysis ba...

The forecast is very complex in financial markets. The reasons for this are the fluctuation of financial data, Such as Stock index data over time. The determining a model for forecasting fluctuations, can play a significant role in investors deci-sion making in financial markets. In the present paper, the Black Scholes model in the prediction of stock on year later value, on using data from mel...

rapid technological and economic growth over the last several decades has changed human lives and made modern society face complex decision making problems. these kinds of problems are characterized by incommensurate and conflicting criteria or objectives such as cost, reliability, performance, safety and productivity. multi criteria decision making is an approach that can be used to deal compl...

Abstract— In this paper, a new extended method of multi criteria decision making based on fuzzy-Topsis theory is introduced. fuzzy mcdm algorithm for determining the best choice among all possible choices when the data are fuzzy is also presented. Using a new index leads to procedure for choosing fuzzy ideal and negative ideal solutions directly from the fuzzy data observed alternatives.in this...