scholarly journals MCDM Application of the Third Vote

Author(s):  
Andranik Tangian

AbstractWhen choosing among alternatives, group members may have various preferences regarding the properties of a solution being sought. Since the properties partially do and partially do not meet their collective wishes, the alternatives are in fact better or worse representatives of the collective will. This idea is implemented in the so-called Third Vote election method aimed at enhancing policy representation, and we show how to use it for collective multi-criteria decision making. To be specific, we consider an example of a committee charged with naming a campus library when neither plurality vote nor Condorcet method nor Borda count gives a unique solution. The committee members have differing opinions, such as whether the library should reflect the national affiliation, be named after a great man, relate to sciences, and so forth. Balancing opinion on these issues, the proposed library names are evaluated and the optimal compromise is found.

Author(s):  
Sinan Dündar ◽  
Hüdaverdi Bircan ◽  
Hasan Eleroğlu

The compost product, which offers many benefits such as the evaluation of organic wastes, improvement of soil structure, neutralization of toxins and pH balance of the soil, has significant potential for the improvement of our country's lands. Considering the development of animal existence in our country, the production of compost product to be obtained from feces, which is the product of these animal beings, is an issue that needs to be emphasized. The choice of plant location, which must be determined for an investment to be made for the acquisition of this product emerges as a separate problem. For this reason, in this study, the order of optimality among the alternatives for compost plant installation is considered as a multi-criteria decision making problem. For this purpose, the criteria determined for 10 clusters with the potential of 35,829 animals that can produce compost in Samsun were weighted by the SWARA method. The optimal ranking of these 10 compost clusters was carried out using the COCOSO and WASPAS methods, by means of the criteria weights taken into consideration. According to the ranking results obtained from both methods, it was determined that the cluster number 27 was in the first rank, the cluster no 13 was in the second rank, and the cluster no 14 was in the third rank.


2020 ◽  
Vol 11 (3) ◽  
pp. 18-51
Author(s):  
Hakan Altin

The key objective of this study is to conduct a comparative analysis of performance ranking results of the two multi-criteria decision-making methods, namely TOPSIS and MAUT. In this study, the CRITIC and ENTROPY methods were utilized as objective weighting techniques. In the application part of this study, three salient findings were attained. The first finding was that of the close relationship between TOPSIS ranking conducted by CRITIC and ENTROPY methods. The second finding was that of the close relationship between the MAUT ranking conducted by the CRITIC and ENTROPY methods. The third finding was that of the mutual and significant relationship in a positive direction between the performance ranking results obtained by TOPSIS and MAUT methods. In other words, TOPSIS and MAUT methods give the same performance ranking results. The results found are statistically significant.


2018 ◽  
Vol 1 (1) ◽  
pp. 35-42
Author(s):  
Muslimin B ◽  
Sumardi Sumardi

 Interests and number of STMIK Balikpapan new student enrollments are increasing every year. The balance of the ratio of lecturers to students is one of the most important components in improving the quality and teaching and learning process of a university. Avoiding shortages in the number of lecturers can be realized by providing scholarship programs to alumni and teaching assistants. This study aims to build a multi criteria decision making application that can assist the Head of HRD in the process of receiving scholarships to advanced and effective study lecturers. The multi criteria decision making application developed in this study uses the SAW method. The implementation of the SAW method includes the process of evaluating the weighting of criteria, evaluating alternative weights, the matrix process, the results of decision making preferences, resulting in the weighting and ranking of each alternative candidate for the scholarship recipient. The results of the evaluation of multi-criteria application decision making in the study are expected to produce modeling with a high degree of accuracy. The results of the analysis carried out can provide alternative recommendations for prospective scholarship recipients to advanced study lecturers in STMIK Balikpapan.


2019 ◽  
pp. 125-133
Author(s):  
Duong Truong Thi Thuy ◽  
Anh Pham Thi Hoang

Banking has always played an important role in the economy because of its effects on individuals as well as on the economy. In the process of renovation and modernization of the country, the system of commercial banks has changed dramatically. Business models and services have become more diversified. Therefore, the performance of commercial banks is always attracting the attention of managers, supervisors, banks and customers. Bank ranking can be viewed as a multi-criteria decision model. This article uses the technique for order of preference by similarity to ideal solution (TOPSIS) method to rank some commercial banks in Vietnam.


2011 ◽  
Vol 4 (4) ◽  
pp. 139-142
Author(s):  
S.PUSHPARANI S.PUSHPARANI ◽  
◽  
Dr.S.SENTHAMILKUMAR Dr.S.SENTHAMILKUMAR

Informatica ◽  
2018 ◽  
Vol 29 (2) ◽  
pp. 265-280 ◽  
Author(s):  
Mehdi Keshavarz-Ghorabaee ◽  
Maghsoud Amiri ◽  
Edmundas Kazimieras Zavadskas ◽  
Zenonas Turskis ◽  
Jurgita Antucheviciene

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