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Methods and Problems in Discrete MCDM
1992Using the instrument of multicriteria optimization for decision making we have to note that the “solution” of the problem is in general not a single one. In this paper some aspects are discussed, such as how to manage an interactive procedure even if the subproblems are of N9-hard complexity.
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ERP software selection with MCDM: application of TODIM method
International Journal of Business Information Systems, 2013Any ERP software in the market cannot fully meet the needs and expectations of manufacturing companies, because each company, which looks for implementing ERP system, runs its business with different strategies and goals. Therefore, enterprise resource planning ERP software selection is an important and critical decision process. Another aspect of this
Yigit Kazançoglu, Serhat Burmaoglu
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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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A naïve approach for solving MCDM problems: the GUESS method
Journal of the Operational Research Society, 1997Summary: We present a simple multiple criteria decision making solution technique called the GUESS method. This method has been used in MCDM experiments where different solution methods have been compared. The GUESS method is an interactive solution method designed to be used with continuous multiple criteria decision problems.
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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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MCGL: a new reference dependent MCDM method
International Journal of Operational Research, 2019This paper proposes a method for discrete alternative multi-criteria decision making (MCDM) under certainty. The proposed method (multi-criteria gain loss: MCGL) is based upon the tenets of prospect theory and norm theory. The two major objectives for the development of the MCGL method are: 1) to reduce the complexity of the MCDM in order to improve ...
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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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