The ordered weighted geometric (OWG) operator is an aggregation operator that is based on the ordered weighted averaging (OWA) operator and the geometric mean. Its application in multicriteria decision making (MCDM) under multiplicative preference relations has been presented. Some families of OWG operators have been defined. In this article, we present the origin of the OWG operator and we rev...

The first steps of multi-criteria decision making (MCDM) are typically the decomposition and structuring of the decision problem at hand. As all subsequent process steps of MCDM are based on the initial structuring of the decision problem, the validity of the structure representing the decision problem is of particular importance for the quality of the decision making process. This paper seeks ...

The process of multiple criteria decision making (MCDM) is of determining the best choice among all of the probable alternatives. The problem of supplier selection on which decision maker has usually vague and imprecise knowledge is a typical example of multi criteria group decision-making problem. The conventional crisp techniques has not much effective for solving MCDM problems because of imp...

The earliest definitions of decision support systems (DSS) identify DSS as systems to support managerial decision makers in unstructured or semiunstructured decision situations. They are also defined as a computer-based information systems used to support decision-making activities in situations where it is not possible or not desirable to have an automated system perform the entire decision pr...

The selection of the most suitable machining process for a given machining application is not straightforward and requires consideration of a number of techno-technological and economic criteria. Therefore is often viewed as a multi-criteria decision making (MCDM). This paper is focused on multi-criteria economic analysis of various machining processes by applying recently developed MCDM method...

JEL classification: C65 D81 Q23 Q57 This paper provides a review of research contributions on forest management and planning using multicriteria decision making (MCDM) based on an exhaustive literature survey. The review primarily focuses on the application aspects highlighting theoretical underpinnings and controversies. It also examines the nature of the problems addressed and incorporation o...

The success of an industry depends on optimization of product cost and for achieving above goal Internal selection should be efficient. In the present study an efficient Multi-Criteria Decision Making (MCDM) approach has been proposed for quality evaluation and performance appraisal in vendor selection. Vendor selection is a Multi-Criteria Decision Making (MCDM) problem influenced by several pa...

Multi Criteria Decision Making (MCDM) provides strong decision making in domains where selection of best alternative is highly complex. This survey paper reviews the main streams of consideration in multi criteria decision making theory and practice in detail. The main purpose is to identify various applications and the approaches, and to suggest approaches which are most robustly and effective...

--------------------------------------------------------ABSTRACT----------------------------------------------------------The significance of decision making from the maintenance perspective has long been acknowledged by the manufacturing industry. Appropriate maintenance alternative decision making increases machine reliability and enhances both productivity and product quality. By contrast, p...

In this paper we introduce a new procedure called α -Discounting Method for MultiCriteria Decision Making (α-D MCDM), which is as an alternative and extension of Saaty’s Analytical Hierarchy Process (AHP). It works for any number of preferences that can be transformed into a system of homogeneous linear equations. A degree of consistency (and implicitly a degree of inconsistency) of a decision-...