Choosing the proper supplier has a critical role in design of supply chain. This problem is complicated because each supplier may fulfills some of the manufacturer criteria and choosing the best supplier is a Multiple-Criteria Decision Making problem. This paper proposes a novel hybrid approach to rank suppliers in advertising industry and considers two new criteria to evaluate the suppliers in...

Our study examines the group decision-making process and proposes a multi-criteria framework for e-commerce solution investment in information technology (IT) portfolios. First, the evaluation criteria that fit in the IT evaluation context are constructed. Second, the Fuzzy Analytic Hierarchy Process (FAHP) is employed to determine the weights of decision criteria and the benefit score to the c...

The main objective of the present study was to prioritize the allocation of water resources of Chahnimeh reservoirs from economic, social, and environmental perspectives in 2015-2016 season using fuzzy analytic hierarchy process (FAHP) and fuzzy technique for order preference by similarity of an ideal solution (FTOPSIS) as the branches of fuzzy multiple-criteria decision-making (MCDM) models. D...

Underground mining method selection is one of the most crucial decisions that should be made by mining engineers. Choosing a suitable underground mining method to carry out extraction from a mineral deposit is very important in terms of the economics, safety and the productivity of mining operations. The aim of this study is developing a fuzzy model to selection the optimum mining method by usi...

Risk assessment is becoming increasingly important for railway signal system in order to safeguard their passengers and employees while improving safety and reducing maintenance costs. However, the application of risk assessment methods in railway signal system may not give satisfactory results because the risk data are incomplete or there is a high level of uncertainty involved in the risk dat...

After 1 July 2006, a major challenge that the manufacturing industry has to confront now is the effect of the lead-free equipment system selection process on companies’ capital expenditure decision. With capital investment, the criteria may be financial (e.g. expected cash flows) and non-financial (e.g. product quality). We use a systems approach with the fuzzy analytic hierarchy process (FAHP)...

Capital budgeting as a decision process is amongst the most important of all management decisions. The importance (consequents) of the subsequent outcome may bring a level of uncertainty to the judgement making process by the decision maker(s), in the form of doubt, hesitancy and procrastination. This study considers one such problem, namely the choice of type of fleet car to adopt by a small c...