We consider Multi Criteria Decision Making (MCDM) as the conjunction of three components: search, preference tradeoffs, and interactive visualization. The first MCDM component is the search process over the space of possible solutions to identify the nondominated solutions that compose the Pareto set. The second component is the preference tradeoff process to select a single solution (or a smal...

Multiple Criteria Decision Making (MCDM) is firmly rooted in an alternative concept of optimality where multiple (rather than single) criteria characterize the notion of “the best” (or optimal), as is prevalent in the areas of economics, engineering, management and business. These are often constrained problems where search for an optimal solution requires some form of evaluating criteria perfo...

one of the important decisions which impacts all firms’ activities is the supplier selection problem. since the 1950s, several works have addressed this problem by treating different aspects and instances. in this paper, a combined multiple criteria decision making (mcdm) technique (ea-promethee) has been applied to implement a proper decision making. to this aim, after reviewing the theoretica...

one of the most important steps involved in mining operations is to select an appropriate extraction method for mine resources. after choosing the extraction method, it is usually impossible to replace it with another one because it may be so expensive that implementation of the entire project could be economically impossible. choosing a mining method depends on the geological and geometrical c...

Decision making is a key activity for management in any organization, several decision making methods including Multi Criteria Decision Making (MCDM) have been used to assist this process especially when the decision involves multiple stakeholders and multiple criteria. These methods, which evaluate each alternative by a set of criteria, tend to be subjective in nature. However, although they a...

The objective of this article is to develop an empirically based framework for formulating and selecting a product launch strategy. Managers usually face Fuzzy decision scenarios. Traditional decision-making methods fail to satisfy a manager’s need in this regard. Thus, a hierarchical fuzzy multi-criteria decision-making (Fuzzy MCDM) method for evaluating a new product launch strategy is propos...

Recently, sustainable supply chain management (SSCM) has become one of the important subjects in the industry and academia. Supplier selection, as a strategic decision, plays a significant role in SSCM. Researchers use different multi-criteria decision making (MCDM) methods to evaluate and select sustainable suppliers. In the previous studies, evaluation is solely based on the desirable feature...

The main purpose of this paper is to develop a fuzzy multiple criteria decision-making (MCDM) model to evaluate the investment risk of location selection for container terminals. Firstly, some concepts and methods used to develop a fuzzy MCDM algorithm are briefly introduced. Secondly, a step-by-step fuzzy MCDM algorithm based on the concept of integral value is proposed. Finally, a numerical e...