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...

“The theory of decision analysis (DA) is designed to help the individual make a choice among a set of prespecified alternatives” (Keeney and Raiffa 1976, vii). Simply put, the basic DA problem is, How should a decision maker select from a given set of competing alternatives that are evaluated against conflicting objectives? Because operations research (OR) is the science of decision making, OR ...

Selection of suitable sites for wind power plants is one of the most important decision on wind resources development. Site selection for the establishment of large wind power plants requires spatial evaluation taking technical, economic, and environmental considerations into account. This study has applied a combination of PROMETHEE and Fuzzy AHP methods in a geographical information system en...

Abstract In a portfolio selection problem, the first step is to choose suitable stocks at the right time. Many approaches and principles have been used to help investor solve the problem. This paper documents a new approach for the portfolio selection problem based on the combined method of Constrained Fuzzy Analytic Hierarchy Process (CFAHP) and the Preference Ranking Organization Method for E...

The selection of remedial alternatives for mine sites is a complex task because it involves multiple criteria and often with conflicting objectives. However, an existing framework used to select remedial alternatives lacks multicriteria decision analysis (MCDA) aids and does not consider uncertainty in the selection of alternatives. The objective of this paper is to improve the existing framewo...

Kebakaran hutan adalah permasalahan yang terjadi setiap tahunnya di Indonesia. Sulitnya mencari titik panas lokasi kebakaran dan lahan menyebabkan tertundanya proses pemadaman kebakaran, sehingga menjadi masalah harus diselesaikan. Provinsi Kalimantan Barat menyumbang cukup banyak salah satunya dari Kabupaten Kubu Raya. Penelitian ini menggunakan metode Analytic Hierarchy Process (AHP) dengan a...

This paper presents an effective decision making framework for software selection in manufacturing industries using a multiple criteria decision making method, Preference Ranking Organization Method for Enrichment Evaluations (PROMETHEE). The method is improved in the present work by integrating with analytic hierarchy process (AHP) and the fuzzy logic. Fuzzy logic is introduced to handle the i...

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...

Comparing portfolio performance is complex due to the fact that each model dominant in its own risk space. Since there no single measure, research problem how incorporate several different measures into a evaluation allows portfolios be ranked. In this regard, objective of study was develop new comprehensive method for comparing based on multiple-criteria decision-making (MCDM). This paper prop...