In classification problems when multiples algorithms are applied to different benchmarks a difficult issue arises, i.e., how can we rank the algorithms? In machine learning it is common run the algorithms several times and then a statistic is calculated in terms of means and standard deviations. In order to compare the performance of the algorithms, it is very common to employ statistical tests...

Contractor selection is one of the most important aspects in construction contract. This paper suggests importance of various multi criteria decision making models for contractor selection problem in Indian context. The study includes identifying the different criteria for bid evaluation and the means by which different decision making models may be used to evaluate the contractors with respect...

The supplier selection process attracted a lot of attention in the business management literature. This process takes into consideration several quantitative and qualitative variables and is usually modeled as a multi-attribute decision making (MADM) problem. A recognized shortcoming in the literature of classical MADM methods is that they don’t permit the identification of interdependencies am...

The marketing industry is constantly evolving as digital technology and their applications spread. Consumer behavior, company structures, approaches, competitive capacities are all impacted by this shift. For large medium-sized businesses, has made them more than competitors in the market when it comes to sales. Public relations can be given a significant boost thanks widespread adoption of mar...

The increasing rate of technology growth has resulted in decrease in cost of information. These technologies are helpful in coordinating the activities resulting in effective management of the supply chain. Literature shows that the use of Information Technology (IT) plays an important role in managing the processes of SCM. This has resulted in increasing use of IT in SCM. The computerization o...