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...

The aim of this article is to determine how to select raw material supply options for paper making factory. The decision-making is examined within the framework of benefits, opportunities, costs, and risks (BOCR). A hierarchy is used to prioritize the BOCR themselves are prioritized using the Analytic Hierarchy Process (AHP) ratings approach. A control hierarchy is then created and prioritized ...

In the current work, a framework is presented for amine solvent selection in gas treating process. Since the appropriate decision making in this field affects the capital and operational costs, multi attribute decision making (MADM) techniques were used to rank alternatives. The determination of criteria and alternatives is the most important aspect in the MADM. Criteria were divided into two c...

This paper presents the procedure for logistics system scenario selection for the central business district (CBD) of the city in the phase of significant urban changes. Scenarios are defined in accordance with the overall logistics concept of the city. Conflicting goals of stakeholders (residents, shippers and receivers, logistics providers and city government) generate a vast number of criteri...

In this paper, behavioral construct of suitability is used to develop a multi-criteria decision making framework for portfolio selection. To achieve this purpose, we rely on multiple methodologies. Analytical hierarchy process technique is used to model the suitability considerations with a view to obtaining the suitability performance score in respect of each asset. A fuzzy multiple criteria d...

This study proposes a hybrid multi-criteria decision-making model consisting of three phases. While the CRITIC (CRiteria Importance Through Intercriteria Correlation) method has been implemented to calculate weights criteria in addition Analytic Hierarchy Process (AHP), order determine ranking these options and for computing relative importance values alternatives EDAS (The Evaluation Based on ...

In order to survive in today's competitive world, organizations are looking to increase their efficiency and effectiveness. Therefore, they should focus on inputs that are more important than the rest of the inputs in their success. This paper aimed at ranking 7Ms (Management, Man power, Marketing, Material, Machinery, Methods and Money) and their sub-criteria of production in Iran. By improvin...

Multi attribute decision making methods are considered as one of the most useful methods for solving ranking problems. In some decision making problems, while the alternatives for corresponding criteria are compared in a pairwise comparison manner, if the criteria are inherently fuzzy, debates will arise in ranking alternatives due to the closeness of the values of the criteria. In this researc...