Multi Criteria Decision Making (MCDM) is an advanced field of Operation Research; recently MCDM methods are efficient and common tools for performance evaluation in many areas such as finance and economy. The aim of this study is to show one of applications of mathematics in real word. This study with considering value based measures and accounting based measures simultaneously, provided a hybr...

a r t i c l e i n f o The classic multiple-criteria decision making (MCDM) model assumes that, when taking a decision, the decision maker has defined a fixed set of criteria and is presented with a clear picture of all available alternatives. The task then reduces to computing the score of each alternative, thus producing a ranking, and choosing the one that maximizes this value. However, most ...

The main purpose of this paper is to develop a fuzzy multiple criteria decision-making (MCDM) model to select middle managers for the global shipping carrier-based logistics service providers (GSLPs). At first, some concepts and methods used to develop a fuzzy MCDM model are introduced. Secondly, to effectively select middle managers for GSLPs, five steps of fuzzy MCDM algorithms are proposed. ...

Classification algorithm selection is an important issue in many disciplines. Since it normally involves more than one criterion, the task of algorithm selection can be modeled as multiple criteria decision making (MCDM) problems. Different MCDM methods evaluate classifiers from different aspects and thus they may produce divergent rankings of classifiers. The goal of this paper is to propose a...

The development of an application based on a set of best software engineering practices involves first their selection. This process may become complex due to the variables involved. This paper presents an Operations Research approach for the selection of best software engineering practices for the development of applications or computational systems considering a series of alternatives and sel...

considering the major change occurred in business cells from plant to “chain” and the critical need to choose the best partners to form the supply chain for competing in today’s business setting, one of the vital decisions made at the early steps of constructing a business is supplier selection. given the fact that the early decisions are inherently strategic and therefore hard and costly to ch...

Simplified neutrosophic sets (SNSs) can effectively solve the uncertainty problems, especially those involving the indeterminate and inconsistent information. Considering the advantages of SNSs, a new approach for multi-criteria decision-making (MCDM) problems is developed under the simplified neutrosophic environment. First, the prioritized weighted average operator and prioritized weighted ge...

In this paper, we demonstrate the design and use of a Foresight Support System (FSS) combining two multi-criteria decision-making (MCDM) methods. Traditionally, foresight activities involves Delphi, focus group, or Estimate-Talk-Estimate techniques to collect opinions of an expert panel. Often, these techniques are not computerized and data visualization is rudimentary. Our highly-interactive F...

It is of paramount importance to determine the appropriate decision making method for the problem under consideration since the use of an inappropriate method may result in an undesired solution. This paper proposes an intelligent, knowledge-based Multi-Criteria Decision Making Advisor (MCDMA) system that can supply guidance to Decision Makers (DM) in selecting the most appropriate method for a...