The purpose of this paper is to analyze the use of multiple criterion decision making (MCDM) in accounting expert systems (AES). Focusing on the MCDM nature of expert system evaluation functions leads towards a partial taxonomy of AES and a further understanding of "intelligence" in AES. The focus on the MCDM nature of the evaluation functions also serves to highlight the limitations of some of...

The main purpose of this paper is to develop a fuzzy multiple criteria decision-making (MCDM) model to evaluate the investment risk of location selection for container terminals. Firstly, some concepts and methods used to develop a fuzzy MCDM algorithm are briefly introduced. Secondly, a step-by-step fuzzy MCDM algorithm based on the concept of integral value is proposed. Finally, a numerical e...

We propose a decision-support aid for control room security economy decision-making that considers probabilistic characteristics of contingencies and load conditions of power systems. The approach is based on use of risk-based security assessment to enable treatment of security level as an objective within multi-criterion decision making (MCDM) techniques. The approach is illustrated using the ...

Vendor selection problem is believed to be a Multi Criteria Decision Making (MCDM) problem which has been a growing research area since past few decades. Several effective techniques have already been proposed by researchers and practitioners to evaluate the suppliers/vendors. Among these Analytic Hierarchy Process (AHP) is assumed to be the mostly exploited method due to its strong ability of ...

Spatial decision making is a fundamental function of contemporary Geographic Information Systems (GIS). One of the most fertile GIS development areas is integrating multiple criteria decision models (MCDM) into GIS querying mechanisms. The classic approach for this integration has been to use Boolean techniques of MCDM with crisp representations of spatial objects (features) to produce static m...

As the structure of modern organizations shifts, so correspondingly must the methodologies which underlie the evaluation and development of the security posture of their information systems. We have witnessed an ever-growing gap between organizational policy and technology. We have also witnessed an ever increasing complexity of decisions regarding the planning and design of IS security. Within...

The usual approach to solving the Multiple Criteria Decision Making (MCDM) problem is by either using a weighted objective function based on each individual objective or by optimizing one objective while setting constraints on the others. These approaches try to find a point on the efficient frontier or the Pareto optimal set based on the preferences of the decision maker. Here, a new algorithm...

--------------------------------------------------------ABSTRACT----------------------------------------------------------The significance of decision making from the maintenance perspective has long been acknowledged by the manufacturing industry. Appropriate maintenance alternative decision making increases machine reliability and enhances both productivity and product quality. By contrast, p...