in the process of investment decision making, next to financial indicators many other aspects of investment projects are increasingly often considered. this leads to the multi-criteria evaluation of a project. the advantage of multi-criteria methods is the ability to take into account all (not only financial) aspects of the attractiveness of an investment project. the selection of criteria of p...

This paper introduces multi-criteria decision making (MCDM) into group decision making to propose a multi-criteria group decision making model for credit risk analysis. This model can not only deal with multi-criteria and complicated practical problems, but also reduce individual subjective preference to support group decision-making. In this model, experts’ opinion is integrated by post-expert...

In the science of operation research and decision theory, selection is the most important process. Selection is a process that studies multiple qualitative and quantitative criteria, related to the science of management, which are mostly incompatible with each other. The multi criteria selection of a renewable energy portfolio is one of the main issues considered in multi criteria literatur...

Water loss can be minimized and conserve through constructing small storage dams for various irrigation purposes to support local livelihood. Geographic information system provides powerful techniques for many hydrological modeling and suitable dam site selection. The current study explored potential sites for small storage dams to meet agricultural requirements in district Malakand, Khyber Puk...

in today’s highly competitive manufacturing environment, an effective supplier selection process is very important for the success of any business organization. selection of the best supplier is always a difficult task for the purchasing manager. suppliers have varied strengths and weaknesses which require careful assessment by the purchasing manager before selecting and ranking them. any suppl...

in an arid country like kuwait with harsh and hot climate conditions, the scarcity of fresh water supplies presents a serious threat to sustainable socio-economic development and growth. kuwait is an oil rich country with capital abundance and coastal locations enabled it to build desalination plants for fresh water production that is sold to the customers at highly subsidized prices. however, ...