The maximal entropy ordered weighted averaging (ME-OWA)-based decision making trial and evaluation laboratory (DEMATEL) method for reliability allocation has been examined. The assessment results show that most conventional reliability allocation methods have five fundamental problems. The first problem is the measurement scale; while the second problem is that the system allocation factors are...

Financing behavior, based on the financing decision made by the owner of urban rail transit projects, will directly affect the capital cost of its operation and the construction schedule of the project. This paper intended to combine financing demand and financing options with the project construction schedule, quality and investment management, and based on DEMATEL methodology, to identify and...

Financial performance is vital for information technology (IT) companies to survive intense global competition. Because of the complexity in the business environment and the rapidly advancing technologies, companies lack specific guidance to understand the implicit relationship among crucial financial indicators for improving prospects in a contextual approach. To resolve the aforementioned con...

In response to fast-growing and rapidly-changing markets, launching new products faster than competitors cannot only assist firms in acquiring larger market share but also reducing development lead time, significantly. However, owing to its intrinsically uncertain properties of managing NPD (new product development), manufacturing companies often struggle with the dilemma of increasing product ...

Six Sigma is regarded as a well-structured methodology for improving the quality of processes and products. It helps achieve the company’s strategic goal through the effective use of project-driven approach. As Six Sigma is a project-driven methodology, it is essential to prioritize projects which provide maximum financial benefits to the organization. Generating and prioritizing the critical S...