The selection of the most suitable machining process for a given machining application is not straightforward and requires consideration of a number of techno-technological and economic criteria. Therefore is often viewed as a multi-criteria decision making (MCDM). This paper is focused on multi-criteria economic analysis of various machining processes by applying recently developed MCDM method...

Those who conduct integrated assessments (IAs) are aware of the need to explicitly consider multiple criteria and uncertainties when evaluating policies for preventing global warming. MCDM methods are potentially useful for understanding tradeoffs and evaluating risks associated with climate policy alternatives. A difficulty facing potential MCDM users is the wide range of different techniques ...

The process of multiple criteria decision making (MCDM) is of determining the best choice among all of the probable alternatives. The problem of supplier selection on which decision maker has usually vague and imprecise knowledge is a typical example of multi criteria group decision-making problem. The conventional crisp techniques has not much effective for solving MCDM problems because of imp...

The purpose of this paper is to present an alternative of a hybrid method based on Saaty’s Analytical Hierarchy Process and on the Technique for Order Preference by using the Similarity to Ideal Solution method (AHP-TOPSIS) and, based on the AHP and its use of pairwise comparisons, to extend it to a new method called α-D MCDMTOPSIS (α-Discounting Method for multi-criteria decision making-TOPSIS...

In modern business world group decision-making is becoming an extremely important activity. Recent research on computerized group decision support has focused extensively on supporting people co-located in place and time. There is a need, however, for more research focused on asynchronous group decision support systems (GDSS). Multicriteria decision-making (MCDM) theory has produced a wide rang...

The first steps of multi-criteria decision making (MCDM) are typically the decomposition and structuring of the decision problem at hand. As all subsequent process steps of MCDM are based on the initial structuring of the decision problem, the validity of the structure representing the decision problem is of particular importance for the quality of the decision making process. This paper seeks ...