The use of multi-criteria decision-making methods in business analytics: A comprehensive literature review

2022 ◽  
Vol 174 ◽  
pp. 121193
Author(s):  
Ahmet Selcuk Yalcin ◽  
Huseyin Selcuk Kilic ◽  
Dursun Delen
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Multi Criteria Decision Making ◽  
Business Analytics ◽  
Comprehensive Literature Review

scholarly journals A Systematic Literature Review of Multi-Criteria Decision-Making Methods for Sustainable Selection of Insulation Materials in Buildings

2021 ◽  
Vol 13 (2) ◽  
pp. 737
Author(s):  
Indre Siksnelyte-Butkiene ◽  
Dalia Streimikiene ◽  
Tomas Balezentis ◽  
Virgilijus Skulskis
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Energy Demand ◽  
Energy Performance ◽  
Future Research ◽  
Multi Criteria Decision Making ◽  
Insulation Materials ◽  
Advantages And Disadvantages ◽  
Selection Of

The European Commission has recently adopted the Renovation Wave Strategy, aiming at the improvement of the energy performance of buildings. The strategy aims to at least double renovation rates in the next ten years and make sure that renovations lead to higher energy and resource efficiency. The choice of appropriate thermal insulation materials is one of the simplest and, at the same time, the most popular strategies that effectively reduce the energy demand of buildings. Today, the spectrum of insulation materials is quite wide, and each material has its own specific characteristics. It is recognized that the selection of materials is one of the most challenging and difficult steps of a building project. This paper aims to give an in-depth view of existing multi-criteria decision-making (MCDM) applications for the selection of insulation materials and to provide major insights in order to simplify the process of methods and criteria selection for future research. A systematic literature review is performed based on the Search, Appraisal, Synthesis and Analysis (SALSA) framework and the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) statement. In order to determine which MCDM method is the most appropriate for different questions, the main advantages and disadvantages of different methods are provided.

Fuzzy Structural Models and Based Applications in Digital Marketplace

2018 ◽  
pp. 703-714 ◽  
Author(s):  
Anil Kumar ◽  
Manoj Kumar Dash
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Set Theory ◽  
Fuzzy Set ◽  
Fuzzy Set Theory ◽  
Mathematical Formulation ◽  
Structural Models ◽  
Structural Modeling ◽  
Multi Criteria Decision Making ◽  
Interpretive Structural Modeling

One of the well-known topics of decision making is Multi-Criteria Decision Making (MCDM). Fuzzy set theory helps to provide a useful way to address a MCDM problem. Without models, MCDM methods cannot be practiced effectively, therefore, it is interesting to clarify the structure among criteria. But the shortcoming of MCDM is unable to capture imprecision or vagueness inherent in the information. Fuzzy set theory has great potential to handle such situations and fuzzy structural models have been developed. In this chapter widely used structural models i.e. Interpretive Structural Modeling (ISM), Decision Making Trial and Evaluation Laboratory (DEMATEL), and Cognition Maps (CMs) are first summarized briefly along with their mathematical formulation and then diffusion these models into fuzzy set theory is explained along with a literature review of the based applications of these models in the digital marketplace.

scholarly journals Construction Disputes in the UAE: Causes and Resolution Methods

Buildings ◽  
2020 ◽  
Vol 10 (10) ◽  
pp. 171
Author(s):  
Sameh El-Sayegh ◽  
Irtishad Ahmad ◽  
Malak Aljanabi ◽  
Rawan Herzallah ◽  
Samuel Metry ◽  
...  
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Construction Industry ◽  
United Arab Emirates ◽  
Design Phase ◽  
Resolution Method ◽  
Construction Disputes ◽  
Comprehensive Literature Review ◽  
High Level ◽  
Short Time

Claims and disputes occur frequently in the construction industry between different contracting parties, mainly the owner, the designer and the contractor. Consequently, valuable time and a significant amount of money are lost. The United Arab Emirates (UAE) construction industry, one of the most vibrant sectors globally, is experiencing a high level of construction disputes and claims. This paper aims to identify and assess the major causes of disputes in the UAE and weigh the effectiveness of the methods used for their avoidance and resolution. The sources of disputes, and their avoidance/resolution methods, were identified through a comprehensive literature review. A survey was then developed and sent to 150 construction professionals. Fifty-four responses were received and analyzed. The results show that the top five sources of disputes in the UAE are variations initiated by the owner, obtaining permit/approval from the municipality and other governmental authorities, material change and approval during the construction phase, the slowness of the owner in decision-making, and the short time available during the design phase. As for the avoidance and the resolution method, the most effective method was found to be negotiation.

Techniques to model uncertain input data of multi‐criteria decision‐making problems: a literature review

2018 ◽  
Vol 28 (2) ◽  
pp. 523-559 ◽  
Author(s):  
Renata Pelissari ◽  
Maria Celia Oliveira ◽  
Alvaro J. Abackerli ◽  
Sarah Ben‐Amor ◽  
Maria Rita Pontes Assumpção
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Input Data ◽  
Multi Criteria Decision Making ◽  
Uncertain Input ◽  
Uncertain Input Data
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