For ensuring the successful implementation of knowledge management, here raises a critical issue of how companies can better evaluate and select a favorable knowledge management strategy before that implementation. However, selecting a proper knowledge management strategy is a kind of multiple criteria decision-making (MCDM) problem required to consider a large number of complex factors. Unlike...

Multiple Criteria Decision Making or multi-attribute (MCDM) problems refer to performing preference decisions (e.g. ranking, ordering, prioritization, selection) over several available alternatives or objects that are characterized by multiple, usually conflicting, attributes or criteria. MCDM techniques have been and are still being encountered in a wide range of human activities, from the pro...

In multiple criteria decision making (MCDM) methods, the analytic network process (ANP) is used to overcome the problems of interdependence and feedback between criteria or alternatives. The ANP method currently deals with normalization in the supermatrix by assuming each cluster has equal weight. Although the method to normalize the supermatrix is easy, it ignores the different effects among ...

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...

Application of Data Envelopment Analysis (DEA) as a Multicriterion Decision Making (MCDM) methodology is tested for Sri Ram Sagar Project, Andhra Pradesh, India to select the suitable irrigation planning alternative. Three different criterion functions of DEA, namely minimizing deviation variable D j (Min D j ), minimizing maximum deviation (Minmax), and minimizing the sum of deviations ∑ D j (...

Group decision making methods such as Multi-Criteria Decision Making (MCDM) have been developed extensively, but their organizational use for group decision making has been difficult. According to Arrow’s Impossibility Theorem, one possible reason is that a group decision outcome could never satisfy every decision maker’s individual preference. This paper proposes a fuzzy GSS (Group Support Sys...

Developing consensus is crucial to effective collaborative decision making and is particularly difficult in cases involving disruptive technologies, a new technology that unexpectedly displaces an established technology. Collaborative decision making often involves multiple criteria. Multicriteria decision making (MCDM) techniques, such as the analytical hierarchy process (AHP) and multiattribu...

In modeling Multi-Criteria Decision Making (MCDM) problem, we usually assume that the decision maker is able to elicitate his preferences with precision and without difficulty. However, in many situations, the expert is unable to provide his assessment with certainty or he is unwilling to quantify his preferences. To deal with such situations, a new MCDM model under uncertainty is introduced. I...

Since numerous criteria exist, appropriate career selection issue can be thought as a multi criteria decision making (MCDM) problem. The aim of this study is to show that career selection can be carried out via MCDM methods and to compare ordering results of these methods. In this study, a survey is administered to a university students. In application, eight professions are comparatively ranke...

A method for environmental performance assessment is presented in this paper. The proposed method considers the procedure for environmental performance comparison of design alternatives as a multi-criteria decision-making (MCDM) problem. Integrated assessment model based on analytic hierarchy process (AHP) is presented for solving MCDM problem. An integrated environmental index (IEI) for chemic...