The aim of this study was to provide an analytical tool to evaluate and select the best supplier(s)/vendor(s) in fuzzy environment for Television (TV) manufacturing organization. A hierarchy through which decision makers can bring about a comparison among the suppliers was worked out and software for the same was developed. The methodology for selection was based upon multiple criteria decision...

‎Data envelopment analysis (DEA) is an objective method for priority determination of decision making units (DMUs) with the same multiple inputs and outputs. DEA is an efficiency estimation technique, but it can be used for solving many problems of management such as rankig of DMUs. Many researchers have found similarity between DEA and MCDM techniques. One of the earliest techniques in MCDM is...

JEL classification: C65 D81 Q23 Q57 This paper provides a review of research contributions on forest management and planning using multicriteria decision making (MCDM) based on an exhaustive literature survey. The review primarily focuses on the application aspects highlighting theoretical underpinnings and controversies. It also examines the nature of the problems addressed and incorporation o...

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...

Decision-making problems require systematic approach to evaluate alternatives using both quantitative and non-quantitative factors. Standard methods to solve problems lack considerations of non-quantitative factors, in which numeric value is difficult to assign. Different techniques like Fuzzy set theory, Analytic Hierarchy Process (AHP) and Multi Criteria Decision Making (MCDM) are presently b...

In this research, MCDM methods have been integrated with a GIS to provide the means to prioritise branch closure procedures based upon a variety of different choice criteria and on the importance (weight) a decision maker might attach to these. Both MCDM and GIS are well established methods and fields of research. Their integration, however, seems at best an emerging field. This paper describes...

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...

Abstract— In this paper, a new extended method of multi criteria decision making based on fuzzy-Topsis theory is introduced. fuzzy mcdm algorithm for determining the best choice among all possible choices when the data are fuzzy is also presented. Using a new index leads to procedure for choosing fuzzy ideal and negative ideal solutions directly from the fuzzy data observed alternatives.in this...

Personnel selection is increasingly proving to be an essential factor for the success of organizations. These issues almost universally involve multiple conflicting objectives, uncertainties, costs, and benefits in decision-making. In this context, personnel assessment problems, which include several candidates as alternatives, along with complex evaluation criteria, can solved by applying Mult...

Machine tool selection is a very complex procedure. It involves deep analysis of various factors affecting functioning and performance. CNC machine tool selection is also a such kind of problem[5]. Objective of this study is to perform various MCDM methods for selecting most appropriate machine tool. AHP method is used to calculate the weights of various criteria[10] . The numerical problem con...