The Multiple Criteria Decision Aiding (MCDA) has been a fast growing area of operations research and management science during the last decades, while the PROMETHEE (Preference Ranking Organization Method for Enrichment Evaluations) is one of the well-known MCDA methods with ranking the alternatives from the best to the worst. In this paper, we propose a new outranking method called Prioritized...

Important elements for the success of the PROMETHEE methods have been the development of numerous extensions and interactive software. The purpose of the paper is to show the evolution of the PROMETHEE methods and of their software implementation over time. Starting with PROMCALC and the first visual sensitivity analysis tools (Walking Weights), we stress less known extensions of the methodolog...

The method Promethee II has produced attractive results in the choice of the most satisfactory optimal solution of convex multiobjective problems. However, according to the current literature, it may not work properly with nonconvex problems. A modified version of this method, called multiplicative Promethee, is proposed in this paper. Both versions are applied to some analytical problems, prev...

Kamu alan?nda hizmet üreten ?irketlerin, verimli bir ?ekilde yönetilmesi hem sürdürülebilirlik de kamu zarar?n?n olu?mamas? aç?s?ndan önem arz etmektedir. ?irketlerinin önceli?i kazanç sa?lamak olmad???ndan ?irketlerin profesyoneller taraf?ndan yönetilmesinin gereksiz oldu?u gibi alg?, gerçek anlamda üretilen hizmetin devam?n?n sekteye u?ramas?na sebebiyet vermektedir. Çal??anlar?n performans?,...

In this paper we study the multicriteria decision aid (MCDA) methods PROMETHEE and GAIA. The PROMETHEE method provides the decision maker with a ranking. The GAIA method provides a two dimensional representation of the decision problem based on the flows computed by the PROMETHEE method. However, a limit of the GAIA method is the loss of information by its two-dimensional projection which may l...

This paper introduces the interval-PROMETHEE method to the investment decision making of value investing. Five performance criteria are used for measuring the growth potential of firms and are represented by interval numbers based on the real financial data. The interval-PROMETHEE method is applied to rank the 20 randomly selected stocks in Shanghai Stock Exchange. The portfolio with the top 5 ...

Lean production has become an integral part of the manufacturing landscape as its link with superior performance and its ability to provide competitive advantage is well accepted among academics and practitioners. Lean production helps producers in overcoming the challenges organizations face through using powerful tools and enablers. However, most companies are faced with restricted resources ...