Results 1 to 10 of about 4,761 (209)

Proposal for an objective binary benchmarking framework that validates each other for comparing MCDM methods through data analytics [PDF]

open access: yesPeerJ Computer Science, 2023
When it comes to choosing the best option among multiple alternatives with criteria of different importance, it makes sense to use multi criteria decision making (MCDM) methods with more than 200 variations.
Mahmut Baydaş   +4 more
doaj   +3 more sources

Multi-Criteria Decision Making (MCDM) Methods and Concepts

open access: yesEncyclopedia, 2023
Multi-criteria decision-making (MCDM) is one of the main decision-making problems which aims to determine the best alternative by considering more than one criterion in the selection process.
Hamed Taherdoost, Mitra Madanchian
doaj   +3 more sources

Are MCDM methods useful? A critical review of Analytic Hierarchy Process (AHP) and Analytic Network Process (ANP)

open access: yesCogent Engineering, 2019
Although Multi Criteria Decision Making (MCDM) methods have been applied in numerous case studies, many companies still avoid employing these methods in making their decisions and prefer to decide intuitively. There are studies claiming that MCDM methods
Mehdi Rajabi Asadabadi   +2 more
doaj   +2 more sources

Determining Objective Characteristics of MCDM Methods under Uncertainty: An Exploration Study with Financial Data

open access: yesMathematics, 2022
A major difficulty in comparing and even choosing MCDM methods is the uncertainty of information about the consistent and unique characteristics of the results produced.
Mahmut Baydaş, Dragan Pamučar
doaj   +3 more sources

The Recalculation of the Weights of Criteria in MCDM Methods Using the Bayes Approach [PDF]

open access: yesSymmetry, 2018
The application of multiple criteria decision-making methods (MCDM) is aimed at choosing the best alternative out of the number of available versions in the absence of the apparently dominant alternative. One of the two major components of multiple criteria decision-making methods is represented by the weights of the criteria describing the considered ...
Edmundas Kazimieras Zavadskas   +2 more
exaly   +3 more sources

A multi-criteria approach to decision-making in telecommunication network components selection

open access: yesРадіоелектронні і комп'ютерні системи, 2023
The problem of decision-making regarding the selection of the optimal composition of telecommunication network components is very urgent. The subject of the research in the article is a multi-criteria approach to the selection of telecommunication ...
Sergiy Pidchenko   +4 more
doaj   +1 more source

A Financial Performance Evaluation via Hybrid MCDM methods: A case of Amazon.com Inc.

open access: yesIstanbul Business Research, 2023
This study aims to make inferences about company performance by analyzing the financial performance of Amazon. com, Inc. over a period of fifteen years (2005-2019) using selected evaluation criteria in accordance with Multi-Criteria Decision-Making (MCDM)
Doğan Mert Akdemir, Oğuz Şimşek
doaj   +1 more source

The utilization of MARCOS method for different engineering applications: a comparative study [PDF]

open access: yesInternational Journal of Research in Industrial Engineering, 2023
Multiple Criteria Decision Making (MCDM) methods are used widely by researchers to make decisions in the presence of numerous criteria. It is essential to make the right decision for the most of engineering applications which makes the decision-making ...
Ahmed El-Araby
doaj   +1 more source

Integrating Multi-Criteria Decision-Making Methods with Sustainable Engineering: A Comprehensive Review of Current Practices

open access: yesEng, 2023
Multi-criteria decision-making (MCDM) methods have gained increased attention in sustainable engineering, where complex decision-making problems require consideration of multiple criteria and stakeholder perspectives.
Anđelka Štilić, Adis Puška
doaj   +1 more source

Comparing best-worst method and full consistency method in a fuzzy environment [PDF]

open access: yesDecision Science Letters, 2022
Multicriteria Decision Making (MCDM) is one the most important branches of decision theory. Due to the fact that MCDM methods have the utmost significance in management, scholars try to develop more MCDM methods. Since calculating the weights of criteria
Arash Haqbin
doaj   +1 more source

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