The purpose of this paper is to present a framework and a suitable method for selecting the best logistics supplier. In general, many quantitative and qualitative criteria should be considered simultaneously for making the decision of logistics supplier selection. The information about judging the performance of logistics suppliers will come from customers’ opinions, experts’ opinions and the o...

New energy storage alternative selection is a hot research issue that involves multiple-criteria decision-making process. In view of the existing deficiencies of multiple-criteria decision-making methods, an optimized method of PROMETHEE was proposed based on interval neutrosophic sets that has the advantage in describing fuzzy decision-making information. Robustness evaluation was conducted to...

This paper describes the application of a well-known Multi Criteria Decision Making (MCDM) technique called Preference Ranking Organization METHod for Enrichment Evaluation (PROMETHEE II) to explore porphyry copper deposits. Various raster-based evidential layers involving geological, geophysical, and geochemical geo-datasets are integrated to prepare a mineral prospectivity mapping (MPM). In a...

The increasing needs for transportation of freight and passengers causes environmental impacts. Preventing studies for these impacts should be considered by logistics firms and encouraged by the regulations of authorities. An important contribution can be provided by determining the environmental effects of the transportation modes in specific regions and using the most convenient ones. In this...

This paper discusses the strengths and weaknesses of the Preference Ranking Organisation MeTHod for Enrichment Evaluations (PROMETHEE) and analytic hierarchy process (AHP) methods. Building upon this analysis, recommendations are formulated to integrate into PROMETHEE a number of useful AHP features, especially as regards the design of the decision-making hierarchy (ordering of goals, sub-goals...

Public Venture Capital financing often fail rigorous scrutiny in their selection of high-potential start-ups as compared to Private Venture capital. In some developing countries, decision making on final selection for financial support of early stage but high potential Small and Medium sized Enterprises (SMEs) are often ‘clouded’ by several factors including consideration of political party aff...

The environmental impact assessment (EIA) is a real problem of multicriteria decision making (MCDM) where information, as much quantitative as qualitative, coexists. The traditional methods of MCDM developed for the EIA discriminates in favor of quantitative information at the expense of qualitative information, because we are unable to integrate this latter information inside their procedure. ...

Enterprise Resource Planning (ERP) system, which integrates all of the units within an organization at the information level, plays an important role for a successful enterprise. With the right ERP system, it is easier to provide coordination between the units, eliminate waste and make faster and better decisions. Adopting an ERP system is a significant investment decision for a firm, therefore...

This paper gives an overview of the PROMETHEE methodology for MCDM. It starts with general comments on Multicriterion problems, stressing that a Multicriterion problem cannot be treated without additional information related to the preferences and the priorities of the decision-makers. The information requested by PROMETHEE is particularly clear and easy to define for both decision-makers and a...

Many models have been explored for financial distress prediction, but no consistent conclusions have been drawn on which method shows the best behavior when different performance evaluation measures are employed. Accordingly, this paper proposes the integration of the ranking scores given by two popular multiple-criteria decisionmaking tools as an important step to help decision makers in selec...