One of the most widespread multi-criteria decision-making methods is Analytic Hierarchy Process (AHP). AHP successfully combines pairwise comparisons method and hierarchical approach. It allows decision-maker to set priorities for all ranked alternatives. But what if, some them, their ranking value known (e.g., it can be determined differently)? The Heuristic Rating Estimation (HRE) proposed in...

Multiple criteria decision analysis (MCDA) techniques are developed to address challenging classification problems arising in engineering management and elsewhere. MCDA consists of a set of principles and tools to assist a decision maker (DM) to solve a decision problem with a finite set of alternatives compared according to two or more criteria, which are usually conflicting. The three types o...

A hybrid approach integrating OWA (Ordered Weighted Averaging) aggregation into TOPSIS (technique for order performance by similarity to ideal solution) is proposed to tackle multiple criteria decision analysis (MCDA) problems. First, the setting of extreme points (ideal and anti-ideal points) in TOPSIS is redefined and extended for handling the multiple extreme points situation where a decisio...

OBJECTIVES Multicriteria decision analysis (MCDA) has been suggested by some researchers as a method to capture the benefits beyond quality adjusted life-years in a transparent and consistent manner. The objectives of this article were to analyze the possible application of MCDA approaches in health technology assessment and to describe their relative advantages and disadvantages. METHODS Thi...

Within the frame of E-Business and Internet literature, Web-based decision support systems have drawn the attention of researchers from a wide spectrum of disciplines. Web-Based Decision Support Systems can play a critical role, in ethical and trust decision situations. A variety of questions have been analyzed to determine which ethical and trust problems can be supported online. The results o...

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...

A dominance-based rough set approach (DRSA) to multiple criteria ABC analysis (MCABC) is designed and compared to other approaches using a practical case study. ABC analysis is a well-known inventory planning and control approach, which classifies inventory items, or stock-keeping units (SKUs), based solely on their annual dollar usage. Recently, it has been suggested that MCABC can provide mor...