An integrated interactive menu driven software MCDMGDSS was developed to consider multicriterion analysis in group decision making environment. The capability of MCDMGDSS is demonstrated with the case study of Chaliyar river basin planning problem, Kerala, India to find the most suitable configuration of the reservoirs. Eight alternatives are analysed with respect to six noncommensurable discre...

An effective approach to decision support in multicriteria decision making (MCDM) problems characterized by three to eight decision criteria is described. The approach is based on approximating the feasible set in the criterion space (or a broader criterion set, which has the same Pareto frontier) and visualization of the Pareto frontier by interactive displaying bi-criterion slices of this set...

The theory of intuitionistic fuzzy set (IFS) is well suitable to deal with vagueness and hesitancy. In this study, we propose a new fuzzy TOPSIS decision making model using entropy weight for dealing with multiple criteria decision making (MCDM) problems under intuitionistic fuzzy environment. This model allows measuring the degree of satisfiability and the degree of non-satisfiability, respect...

Multicriteria decision-making (MCDM) problems often involve a complex decision process in which multiple requirements and fuzzy conditions have to be taken into consideration simultaneously. The existing approaches for solving this problem in a fuzzy environment are complex. Combining the concepts of grey relation and pairwise comparison, a new fuzzy MCDM method is proposed. First, the fuzzy an...

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 investment of mutual funds which investors are often required evaluating the investment strategies according to their own subjective preferences in terms of numerical values from various criteria. This situation can be regarded as a fuzzy multiple criteria decision-making (MCDM) problem. The purpose of this study attempts to propose an alternative approach, fuzzy multiple criteria decision ...

Multi-criteria decision making (MCDM) is one of the most common activities in human society. It consists of selecting the optimal one from a set of available alternatives with respect to the predefined criteria or attributes. In this paper, a hybrid decision making approach integrating Analytical hierarchical process (AHP) operators into VIKOR is proposed for tackling multi criteria problems wi...

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...

supplier evaluation and selection is important in supply chain management. this is a typical multiple criteria decision making that consists of both quantitative and qualitative factors. ahp is a proper approach to aid this decision making problem, because of its inherent capacity to handle qualitative and quantitative criteria, but when criteria are dependent this method is not so good. also t...