Multi criteria decision making technique

This paper represents results of applying MCDM technique to select optimal input parameters for wire-cut electrical discharge machining (wire-cut EDM) of 90CrSi tool steel. To solve the MCDM problem, the MARCOS method was utilized, and the Entropy method was used to determine the criteria weights.

6p viironman 02-06-2023 5 2   Download

The findings of a study on the application of the MCDM technique to select the best input parameters in wire-cut electrical discharge machining (wire-cut EDM) 90CrSi tool steel are presented in this paper.

7p viwmotors 02-12-2022 10 4   Download

Decision making is often qualitative and quite cognitive biases, so this article desires to discover a quantitative analysis and evaluation technique as a decisionsupport model for contractor selection. The author has proposed a multi-criteria decision-making model, specifically the Analytic Hierarchy Process (AHP) to assess and select wool suppliers for Knitpassion Textile Company.

7p angicungduoc12 12-06-2021 23 1   Download

This paper attempts to evaluate 4 dumping areas based on 5 criteria. Analytical hierarchy process (AHP) is used to determine the weighs for each criterion and quality function deployment (QFD) is also implemented.

8p kelseynguyen 27-05-2020 11 2   Download

This paper evaluates different authentication methods for online banking in Parsian Bank, which is one of the biggest private banks in Iran. The study designs a questionnaire and distributes it among some experts to find cause and effect factors based on a multi-criteria decision making technique named Decision Making Trial And Evaluation Laboratory (DEMATEL).

6p kelseynguyen 28-05-2020 36 3   Download

The study results demonstrated that the proposed holistic approach can help decision makers (DMs) to choose a suitable transshipment network for IWM.

14p tohitohi 22-05-2020 9 0   Download

The aim of this paper is to apply the technique for order preference by similarity to ideal solution (TOPSIS) as a multi-criteria decision making tool to form the all-time best World XI Test cricket team while taking into consideration over 2600 cricketers participated in Test matches for more than 100 years of cricket history.

14p tohitohi 22-05-2020 18 0   Download

This paper proposes a model using Multi Criteria Decision Making (MCDM) tools viz., Grey Relational Analysis (GRA), Analytical Hierarchy Process (AHP) and Technique for Order Performance by Similarity to Ideal Solution (TOPSIS). GRA is used to shortlist the criteria from the available options, while AHP is used to assign weights to the criteria.

16p tohitohi 22-05-2020 11 0   Download

This paper aims to propose a new the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) approach based on SVCNSs to select the locations of distribution center.

6p tohitohi 22-05-2020 21 0   Download

Economic performance evaluation problem consists many criteria and sub criteria. Therefore it is a kind of multi-criteria decision making (MCDM) problem. It is very important for a country to monitor performance parameters in order to ensure that appropriate and timely decisions and plans can be made. Suitable performance measures can ensure that governments adopt a long-term perspective and allocate the country’s resources to the most effective activities. Fragile five (F5) countries namely Brazil, Turkey, India, Indonesia and South Africa have large and fast growing economies.

17p trinhthamhodang2 21-01-2020 58 1   Download

Forecasting plays a major role in financial planning and it is an essential analytical tool in banks‟ strategies. In recent years, researchers are developing new techniques for estimation. Financial performance evaluation of banks is a kind of multi-criteria decision making (MCDM) problem which has developed rapidly. It is very important for a firm to monitor a wide range of performance indicators in order to ensure that appropriate and timely decisions and plans can be made.

31p chauchaungayxua2 04-01-2020 24 2   Download

There is no denial of the fact that performance evaluation is a critical managerial attempt in any organization especially financial institutions such as banks. MCDM methods have been utilized as efficient and common tools in many fields such as finance and economy and attract significant attention from public and financial regulators. The numerous opinions and enormous criteria associated with bank performance evaluation confines the implication of any single objective model. Therefore, multi-criteria decision making approach has been applied for this purpose.

19p chauchaungayxua2 04-01-2020 17 1   Download

Efficient and stable performance of the banking system underpins sustainable growth of any economy. Of late, several economic reforms have been initiated in India for facilitating growth and withstanding dynamics of global economy. In this context, the current study compares the performance of the selected private and public sector banks in India on a five year time horizon in order to discern any changes in the performance over a period of time.

16p chauchaungayxua2 04-01-2020 35 1   Download

Then combining the generalized intervalvalued trapezoidal fuzzy number aggregation operator with Choquet integral-based distance, an extension of technique for order preference by similarity to ideal solution method is developed to deal with a multi-criteria generalized intervalvalued trapezoidal fuzzy number group decision making problems, where inter-dependent or interactive characteristics among criteria preference of decision makers are also considered.

13p vititan2711 13-08-2019 19 0   Download

The paper recommends MCA in general and AHP in particular as effective tools to compensate for the disadvantages of other techniques as well as to overcome the challenges and requirements from the climate change adaptation decision-making process.

14p vixyliton2711 12-04-2019 48 2   Download

In this paper, behavioral construct of suitability is used to develop a multi-criteria decision making framework for portfolio selection. To achieve this purpose, we rely on multiple methodologies. Analytical hierarchy process technique is used to model the suitability considerations with a view to obtaining the suitability performance score in respect of each asset.

19p vinguyentuongdanh 19-12-2018 30 0   Download

In this paper, we produce the correct results and compare them to the original results and those of the extended models. We also improve this model to rank items with an optimal score of 1 using a cross-efficiency technique. The classification results are considerably different from the original results.

7p vinguyentuongdanh 19-12-2018 18 0   Download

This work determines optimum process parameters such as pulse on time, peak current, gap voltage and flushing pressure, which influence the micro-electro discharge machining (EDM) process during machining of Ti-6Al-4V using combined methods of response surface methodology (RSM) and fuzzy-technique for order preference by similarity to ideal solution (TOPSIS).

8p cdktkttn 02-06-2018 39 2   Download