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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

Multi-criteria decision-making methods applied in health-insurance underwriting. [PDF]

open access: yesHealth Syst (Basingstoke), 2023
This study attempts to structure methodologically the health insurance underwriting process by applying Multi-criteria Decision-making (MCDM) analysis in health insurance underwriting. This is done by assigning a score to each health insurance applicant which can be used to determine whether he or she is accepted, rejected or accepted with special ...
Mourmouris J, Poufinas T.
europepmc   +3 more sources

Review of Multi-Criteria Decision-Making Methods in Finance Using Explainable Artificial Intelligence [PDF]

open access: yesFrontiers in Artificial Intelligence, 2022
The influence of Artificial Intelligence is growing, as is the need to make it as explainable as possible. Explainability is one of the main obstacles that AI faces today on the way to more practical implementation.
Jurgita Černevičienė   +1 more
doaj   +2 more sources

Weighting methods for multi-criteria decision making technique

open access: yesJournal of Applied Sciences and Environmental Management, 2019
Determining criteria weights is a problem that arises frequently in many multi-criteria decision-making (MCDM) techniques. Taking into account the fact that the weights of criteria can significantly influence the outcome of the decision-making process ...
G.O. Odu
doaj   +3 more sources

Evaluation of entropy-coupled multi-criteria decision-making methods for enhancing machinability [PDF]

open access: yesHeliyon
Optimizing machining parameters is crucial, enhancing machinability while maintaining high product quality standards. This study bridges a critical research gap by evaluating and comparing five Taguchi-based Multi-Criteria Decision Making (MCDM ...
Nafisa Anzum Sristi   +2 more
doaj   +2 more sources

MULTI-CRITERIA DECISION-MAKING METHODS AND THEIR APPLICATIONS FOR HUMAN RESOURCES [PDF]

open access: yesThe International Archives of the Photogrammetry, Remote Sensing and Spatial Information Sciences, 2015
Both within the formation field and the labor market Multi-Criteria Decision Methods (MCDM) provide a significant support to the management of human resources in which the best choice among several alternatives can be very complex.
M. G. D'Urso, D. Masi
doaj   +4 more sources

Multi-criteria decision-making methods for supplier selection: a literature review

open access: yesSouth African Journal of Industrial Engineering, 2015
A firm’s multi-criteria decision-making (MCDM) process is important because of its need to select and work with various suppliers. The process identifies the problems associated with selecting the supplier, , determining convenient criteria, expressing ...
Yildiz, Aytac, Yayla, A. Yesim
doaj   +5 more sources

State of Art of Plithogeny Multi Criteria Decision Making Methods [PDF]

open access: yesNeutrosophic Sets and Systems, 2023
Plithogenic sets coined by Smarandache in the year 2018 has unveiled new research opportunities in the field of Multi criteria decision making (MCDM).
S. Sudha   +2 more
doaj   +1 more source

Determining Alternative Crops with Multi Criteria Decision Making Methods within the Framework of Land Risk Criteria

open access: yesJournal of Agricultural Sciences, 2023
Natural, societal, and economic hazards have a negative impact on agricultural production. In the field of agriculture, productivity studies are common, but election studies are rare.
Melek Işık
doaj   +1 more source

Wastewater Treatment and Multi-Criteria Decision-Making Methods: A Review

open access: yesIEEE Access, 2023
Incorporating numerous technical, economic, environmental, and social benchmarks makes multi-criteria decision-making (MCDM) a reliable decision-making tool in sustainable development.
Tina Sharma   +3 more
doaj   +1 more source

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