VIKOR Method with Application to Borrowing Terms Selection

2015 ◽  
pp. 205-227 ◽  
Author(s):  
Marija Opricovic
Keyword(s):  
Vikor Method

SISTEM PENDUKUNG KEPUTUSAN PEMILIHAN KEPALA CABANG TERBAIK BANK SUMUT DENGAN MENERAPKAN METODE VIKOR

2018 ◽  
Vol 2 (1) ◽  
Author(s):  
Betrik J Hutapea ◽  
Mesran Mesran ◽  
Siti Nurhabibah
Keyword(s):  
Decision Support ◽  
Decision Support System ◽  
Support System ◽  
Development Bank ◽  
Vikor Method ◽  
The North ◽  
Long Time ◽  
North Sumatra ◽  
Regional Development Bank ◽  
Selection Of

SUMUT Bank is one of the Banks in Indonesia with the name of the company PT. Regional Development Bank of North Sumatra. The North Sumatra Bank has branches in each region in North Sumatra both in the district and in the sub-district, and each of these branches is led by a branch leader or branch head. The head of this branch is responsible for the reversal of the Bank being led. The best and most accomplished branch heads deserve more and more awards. The selection of the best branch heads is selected transparently and structured in the hope that it can be a motivation for all branch heads to be able to further improve the quality and service of the Bank they lead. Making the best branch head selection done manually will take a long time and tends to be less transparent and structured. One solution so that the implementation of the selection can be carried out easily and quickly, it requires a Decision Support System that can provide consistency of assessment. In this study the method used is the VIKOR method (Visekriterijumsko Kompromisno Rangiranje). This method makes cracking on alternatives based on criteria that have been determined with an ideal compromise solution or the best solution, so that this system can later be beneficial for the SUMUT Bank to get the title in determining the best branch head.Keywords: Decision Support System, North Sumatra Bank, Branch Head, Vikor

scholarly journals Malmquist Productivity Index by Extended VIKOR Method Using Interval Numbers

2013 ◽  
Vol 2013 ◽  
pp. 1-15 ◽  
Author(s):  
Mohammad Fallah ◽  
Amir Mohajeri ◽  
Esmaeil Najafi
Keyword(s):  
Multicriteria Decision Making ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Ideal Solution ◽  
Vikor Method ◽  
Decision Matrix ◽  
Interval Numbers ◽  
Productivity Rate ◽  
The Given ◽  
The Ideal

The VIKOR method was developed for multicriteria optimization of complex systems. It determines the compromise ranking list and the compromise solution obtained with the given weights. This method focuses on ranking and selecting from a set of alternatives in the presence of conflicting criteria. Here, the VIKOR method is used for two timestandt+1. In order to calculate the progress or regression via Malmquist productivity index, the positive and negative ideals at timestandt+1are calculated first. Then we introduce the multi-criteria ranking index based on the particular measure of “closeness” to the ideal solution and calculate the separation of each alternative from the ideal solution at timestandt+1. Then we use the Malmquist productivity index to calculate the progress or regression of all alternatives. In this paper, productivity of alternatives available in decision matrix with interval numbers and their improvement or deterioration is researched. To achieve this practical goal, use of extended VIKOR is made to calculate Malmquist productivity index for multicriteria decision-making (MCDM) problem with interval numbers, and by applying Malmquist productivity index, productivity rate of growth for alternatives is calculated. Finally, a numerical example illustrates and clarifies the main results developed in this paper.

Rank Reversal and the VIKOR Method: An Empirical Evaluation

2018 ◽  
Vol 17 (02) ◽  
pp. 513-525 ◽  
Author(s):  
Blanca Ceballos ◽  
David A. Pelta ◽  
María T. Lamata
Keyword(s):  
Decision Making ◽  
Empirical Evaluation ◽  
Decision Problems ◽  
Multi Criteria Decision Making ◽  
Common Phenomenon ◽  
Vikor Method ◽  
Rank Reversal

Rank reversal is a common phenomenon in multi-criteria decision-making methods. It appears when the addition/deletion of new options to the alternatives’ set produces a change in the original ranking. In this contribution, we want to assess this phenomenon in the context of the VIKOR method. Using randomly generated multi-criteria decision problems, we confirmed that rank reversal existed and strongly depended on VIKOR’s parameter. Also, we observed that the influence of the number of alternatives was stronger than that of the number of criteria. Finally, although rank reversal may exist, we saw that it may not affect the top alternative of the ranking, thus potentially having a low impact.

scholarly journals A COMPETENCY EVALUATION METHOD OF HUMAN RESOURCES MANAGERS BASED ON MULTI-GRANULARITY LINGUISTIC VARIABLES AND VIKOR METHOD

2012 ◽  
Vol 18 (4) ◽  
pp. 696-710 ◽  
Author(s):  
Peide Liu ◽  
Xingying Wu
Keyword(s):  
Human Resources ◽  
Evaluation Method ◽  
Comprehensive Evaluation ◽  
Indicator System ◽  
Entropy Method ◽  
Linguistic Variables ◽  
Vikor Method ◽  
Evaluation Indexes ◽  
Human Resources Managers ◽  
Competency Evaluation

According to the characteristics of human resources managers’ competency and the research of relevant literatures at home and abroad, a competency evaluation method of human resources managers based on multi-granularity linguistic variables and VIKOR method is proposed. Firstly, the evaluation indicator system based on the competency of human resources managers is constructed. Then, by converting the evaluation information of different experts in different granularity to the same granularity by two-semantics, the comprehensive evaluation values can be obtained by integrating information of different experts. Further, the objective weights of the evaluation indexes were determined by the entropy method and an evaluation method were proposed based on the VIKOR method. Finally, an application example is given to illustrate the evaluation procedures of the developed approach and to demonstrate their practicality and effectiveness.

Accurate location planning for a wind-powered hydrogen refueling station: Fuzzy VIKOR method

2021 ◽  
Vol 46 (67) ◽  
pp. 33360-33374
Author(s):  
Mostafa Rezaei ◽  
Sulaiman Ali Alharbi ◽  
Armin Razmjoo ◽  
Mohamed A. Mohamed
Keyword(s):  
Vikor Method ◽  
Location Planning ◽  
Fuzzy Vikor
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