In some cases of using multi-criteria decision making methods for solving real-world problems ratings of alternatives cannot be determined precisely, and that is why they are expressed in the form of intervals. Therefore, the aim of this paper is to extend the MOORA method for solving decision making problems with interval data. By extending the ratio system part of MOORA method, an algorithm t...

The increased competition in the domestic and international market has posed excessive pressure to the manufacturing organizations to successfully implement the ISO 9001 quality standards. The implementation process becomes more challenging when it is surrounded by numerous barriers. Though the presence of barriers makes it more difficult but certain factors (hereby known as enablers) makes it ...

Abstract: A new method is proposed for multi-objective optimization with discrete alternatives: MOORA (Multi-Objective Optimization on the basis of Ratio Analysis). This method refers to a matrix of responses of alternatives to objectives, to which ratios are applied. A well established other method for multi-objective optimization is used for comparison, namely the reference point method. Late...

In the paper is presented Neuro-Fuzzy System as a decision-making support in selection of construction machines (the example selecting loader provided). Construction characteristics make basis for selection, but also other elements importance. The data modeling are prepared using Multi-Criteria Decision Making (MCDM) methods: Logarithm Methodology Additive Weights (LMAW), VIKOR, TOPSIS, MOORA a...

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...