The result of audit designation is significantly influenced by the audit evidence collected when planning the audit and the degree of detection risk is further depends on the amount of audit evidence. Therefore, when the assessment factors of detection risk are more objective and correct, audit costs and the risk of audit failure can be reduced. Thus, the aim of this paper is to design an audit...

Plant location selection has invariably a significant impact on the performance of many companies or manufacturing systems. In this paper, a new integrated methodology is structured to solve this selection problem. Two well-known decision making methods, namely analytic hierarchical process (AHP) and VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR), are combined in order to make the...

Multicriteria group decision making MCGDM research has rapidly been developed and become a hot topic for solving complex decision problems. Because of incomplete or non-obtainable information, the refractured well-selection problem often exists in complex and vague conditions that the relative importance of the criteria and the impacts of the alternatives on these criteria are difficult to dete...

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 ...

This study develops a model for selecting a host for a travel show. First, the proposed model adopts the “Modified Delphi Method” to find out suitable criteria to evaluative hosts of travel shows. Next, the research model applies the “Analytic Hierarchy Process (AHP)” to determine the relative weights of the evaluative criteria, and then ranks the alternatives and selects the optimum host for a...

This study develops a model for selecting Korean dramas based on TV station manager’s perceptions. First, the proposed model adopts the modified Delphi method to find out the suitable evaluative criteria of Korean dramas. Next, the model apply the analytic hierarchy process (AHP) to determine the relative weights of evaluative criteria, then ranks the alternatives and selects the best Korean dr...

Environmental impact assessment (EIA) is the assessment of the possible impact that a proposed plan or project may have on the environment, together consisting of the natural, social and economic aspects. The aim of this paper is to propose an environmental impact assessment methodology based on an integrated fuzzy AHP–ELECTRE approach in the context of urban industrial planning. In the propose...

Screening weapon-systems is a critical task in determining whether a systems development effort will be successful and eventually provide the increased war fighting capability the user had originally envisioned. Weapon system selection is a multi-criteria decision problem that must be accomplished within a constrained resource environment. Several alternatives must be considered and evaluated i...

There are several methods for Multi Criteria Decision Making (MCDM) such as multiple attribute utility theory (MAUT), the analytical hierarchy process (AHP), and Fuzzy AHP. However, these methods are compensatory optimization approaches for which bad score on some criteria can be compensated by excellent scores on other criteria. So, the Elimination and Choice Translating Reality III (ELECTRE I...

One of the key challenges in software testing today is prioritizing and evaluating test cases. The decision of which test cases to design, select and execute first is of great importance, in particular considering that this needs to be done within tight resource constraints on time and budget. In practice, prioritized selection of test cases requires the evaluation of different test case criter...