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Solving MCDM problems with the skeleton method
Conference Proceedings 1991 IEEE International Conference on Systems, Man, and Cybernetics, 2002The author presents a new method for solving multiple criteria decision making (MCDM) problems that is based on the skeleton concept of optimality. The theoretical foundations of the skeleton method are presented. The MCDM problem is formulated and the concept of optimality of the skeleton method is explained. Given upper and lower aspiration levels in
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Comparing Cardinal and Ordinal Ranking in MCDM Methods
2022There are several MCDM methods attempting to elicit criteria weights, ranging from direct rating and point allocation methods to more elaborated ones. To facilitate the weight elicitation, some of the approaches utilize elicitation methods whereby prospects are ranked using ordinal importance information, while others use cardinal information.
Danielson, M., Ekenberg, L.
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Marketing in the Metaverse Through MCDM Methods and Statistics
The aim of this chapter is to explicate the fundamental advantages of MCDM methods in addressing diverse marketing challenges through the use of statistical techniques. The list of examples included household and consumer panel data on product purchases and survey data and demand models based on micro-economic theory.Theodore Tarnanidis +3 more
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A Sensitivity Analysis Approach for MCDM Methods
2000There is considerable research on sensitivity analysis for some operations research and management science models such as linear programming, inventory models, and investment analysis (e.g., [Wendel, 1992] and [Triantaphyllou, 1992]). However, research on sensitivity analysis for deterministic MCDM models is rather limited.
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The Promethee Methods for MCDM; The Promcalc, Gaia And Bankadviser Software
1990The PROMETHEE Methods are particularly appropriate to treat multicriteria problems of the following type: $$Max\,\left\{ {{f_1}(x),{f_2}(x),...,{f_j}(x),...,{f_k}(x)|x \in A} \right\}$$ (1.1) for which A is a finite set of possible alternatives and fj(x), j = 1, 2,…,k a set of k evaluation criteria.
Mareschal, Bertrand, Brans, Jean Pierre
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A Survey of MCDM-Based Software Engineering Method
Babylonian Journal of MathematicsMulti-criteria decision making (MCDM) is an operation research subfield (OR). Decision-making is primarily a process involving various actors, including individuals, groups of individuals, institutions, and the state. As a discipline, multi-criteria decision-making is relatively new Many researchers have devoted their time to developing new MCDM models
Sahar Mohammed +5 more
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Applications of MCDM methods in research on corporate sustainability
Management of Environmental Quality, 2020Sanjoy Paul, Priyabrata Chowdhury
exaly