Multi-Criteria Decision Making Analysis Based on Target-Oriented OWA Operator

Author(s):  
Meimei Xia

The target-oriented multi-criteria decision making is investigated based on the ordered weighted averaging (OWA) operator. The criteria evaluations are measured by using the likelihood of satisfying the targets of criteria. To aggregate the target-oriented criteria evaluations, the target-oriented OWA operator is firstly introduced, in which the target-oriented criteria evaluations are reordered and then aggregated by using the weight vector associated with the position of criteria evaluations. Four types of targets about criteria evaluations and four types of attitudinal characters about criteria weight vector are introduced, based on which, models are given to identify the potential best alternative(s), and estimate the ranges of attitudinal characters about criteria weight vector for each potential best alternative. The proposed models can not only analyze the sensitivity of each potential best alternative, but also can explore the impact of targets about criteria evaluations and attitudinal characters about criteria weight vector on the decision results. Models are further established to find the best and worst ranking orders of each alternative based on targets about criteria evaluations, and give decision analysis by considering specific ranking orders of alternatives. The proposed method considers the targets about criteria evaluations and attitudinal character about criteria weight vector at the same time and can provide decision makers more choices. Several examples are given to illustrate the proposed methods.

2012 ◽  
Vol 9 (1) ◽  
pp. 357-380 ◽  
Author(s):  
José Merigó ◽  
Anna Gil-Lafuente

A new method for decision making that uses the ordered weighted averaging (OWA) operator in the aggregation of the information is presented. It is used a concept that it is known in the literature as the index of maximum and minimum level (IMAM). This index is based on distance measures and other techniques that are useful for decision making. By using the OWA operator in the IMAM, we form a new aggregation operator that we call the ordered weighted averaging index of maximum and minimum level (OWAIMAM) operator. The main advantage is that it provides a parameterized family of aggregation operators between the minimum and the maximum and a wide range of special cases. Then, the decision maker may take decisions according to his degree of optimism and considering ideals in the decision process. A further extension of this approach is presented by using hybrid averages and Choquet integrals. We also develop an application of the new approach in a multi-person decision-making problem regarding the selection of strategies.


2010 ◽  
Vol 143-144 ◽  
pp. 499-502 ◽  
Author(s):  
Quan Li

In this paper, the problem of HR outsourcing providers evaluation is studied. Based on Extended Ordered Weighted Averaging (EOWA) operator, an approach of multi-criteria decision making with linguistic preference information is introduced to the problem. An illustrative numerical example is also provided to illustrate the feasibility and practicality of the proposed approach.


2020 ◽  
Vol 7 (2) ◽  
pp. 219
Author(s):  
Sri Kusumadewi ◽  
Hepi Wahyuningsih

<p>Depresi, kecemasan dan stress merupakan tiga gangguan yang sering dijumpai di masyarakat. Ketiga gangguan tersebut memiliki gejala yang hampir mirip. <em>Depression, Anxiety and Stress Scales</em> (DASS) merupakan salah satu alat ukur yang dapat digunakan untuk mengukur tingkat keparahan ketiga gangguan tersebut. DASS dengan jumlah item/gejala sebanyak 42 item dikenal dengan nama DASS-42. Alat ukut ini membedakan dengan jelas item/gejala dari setiap gangguan. Setiap gangguan memiliki item yang mempengaruhi sebanyak 14 item. Pada penelitian ini dibangun model Sistem Pendukung Keputusan Kelompok (SPKK) yang memungkinkan para psikolog untuk berkolaborasi memberikan preferensi terkait prioritas gangguan yang akan terjadi apabila diketahui item/gejala tertentu menurut DASS-42. Preferensi diberikan dengan format <em>ordered vectors</em>. Untuk memudahkan proses agregasi/komposisi, selanjutnya dilakukan transformasi preferensi ke relasi preferensi fuzzy. Operator <em>Ordered Weighted Averaging</em> (OWA) digunakan untuk melakukan agregasi peferensi menjadi satu matriks. Proses seleksi alternatif terbaik dilakukan dengan menggunakan <em>Quantifier Guided Dominance Degree</em> (QGDD). Hasil pengujian menunjukkan bahwa ketepatan hasil SPKK terhadap DASS-42 adalah sebesar 71,43% (30 dari 42 item/gejala). Item/gejala yang beririsan secara signifikan antara gangguan kecemasan dan stress sebesar 16,67%. (7 dari 42), antara depresi dan kecemasan sebesar 9,52% (4 dari 42). Secara umum SPKK ini mampu mengakomodasi preferensi para pengambil keputusan dalam memberikan bobot pengaruh. Gangguan kecemasan dan gangguan stress memiliki gejala yang sangat mirip sehingga untuk beberapa item.gejala pada DASS-42 ada perbedaan yang cukup signifikan.</p><p> </p><p><em><strong>Abstract</strong></em></p><p class="Abstract"><em>Depression, anxiety and stress are three disorders that are often found in the community. These three disorders have almost identical symptoms. Depression, Anxiety and Stress Scales (DASS) is an psychological instrument that can be used to measure the severity of these disorders. DASS with a total of 42 items known as DASS-42. This instrument distinguishes clearly the symptoms of each disorder. Each disorder has 14 items affect. The three disorders have a number of symptoms that are similar, even a symptom may affect two or three disorders with different levels of influence. In this study, a Group Decision Support System (GDSS) model was developed so that psychologists can collaborate to give preference regarding priority of disorders that would occur if certain items / symptoms were identified by  DASS-42. Preferences are given in ordered vectors format. The preferences given by each decision maker aggregated to get a single preference. These preferences will be transformed to the fuzzy preference relation format. Ordered Weighted Averaging (OWA) operator used to aggregation process for all decision maker preference. The OWA operator are used to aggregate into one matrix. The best alternative selected by using Quantifier Guided Dominance Degree (QGDD). The test results show that the accuracy of the GDSS results on DASS-42 is 71.43% (30 of 42 items / symptoms). Symptoms that overlap significantly between anxiety and stress disorders are 16.67%. (7 of 42), between depression and anxiety by 9.52% (4 of 42). The GDSS is able to accommodate the preferences of decision makers in giving influence weight. Anxiety and stress disorder have very similar symptoms so that for some symptoms in the DASS-42 there are significant differences.</em></p><p><em><strong><br /></strong></em></p>


Mathematics ◽  
2021 ◽  
Vol 9 (16) ◽  
pp. 1892
Author(s):  
Rodrigo Gómez Monge ◽  
Evaristo Galeana Figueroa ◽  
Víctor G. Alfaro-García ◽  
José M. Merigó ◽  
Ronald R. Yager

Variance, as a measurement of dispersion, is a basic component of decision-making processes. Recent advances in intelligent systems have included the concept of variance in information fusion techniques for decision-making under uncertainty. These dispersion measures broaden the spectrum of decision makers by extending the toolset for the analysis and modeling of problems. This paper introduces some variance logarithmic averaging operators, including the variance generalized ordered weighted averaging (Var-GOWLA) operator and the induced variance generalized ordered weighted averaging (Var-IGOWLA) operator. Moreover, this paper analyzes some properties, families and particular cases of the proposed operators. Finally, an illustrative example of the characteristic design of the operators is proposed using real-world information retrieved from financial markets. The objective of this paper is to analyze the performance of some equities based on the expected payoff and the dispersion of its elements. Results show that the equity payoff results present diverse rankings combined with the proposed operators, and the introduced variance measures aid decision-making by offering new tools for information analysis. These results are particularly interesting when selecting logarithmic averaging operators for decision-making processes. The approach presented in this paper extends the available tools for decision-making under ignorance, uncertainty, and subjective environments.


Mathematics ◽  
2020 ◽  
Vol 8 (10) ◽  
pp. 1761
Author(s):  
Tehreem Ayaz ◽  
Mohammad M. Al-Shomrani ◽  
Saleem Abdullah ◽  
Amjad Hussain

In the age of the information-based economy and the rapid advancements of data schemes, business management has been faced with extraordinary difficulties and has entered into a reasonable period where the board’s conventional enterprise execution assessment centers around the interests of investors. Speculators accept money-related information as their basis and focus on the investigation of material fascination, and in the event of the off chance that they do not, they cannot confirm the next economy period. In this way, enterprise execution reflects the interests of investors and business strategists for the needs of partners, which is significant for the forthcoming rivalry. Given that, the collection of data is a significant research tool that has lately been considered by researchers for data examination. In this paper, we have established multi-criteria decision-making methods for the assessment of business execution with spherical fuzzy information. We have applied Hamacher aggregation operators such as the spherical cubic fuzzy Hamacher weighted averaging (SCFHWA) operator, the spherical cubic fuzzy Hamacher ordered weighted averaging (SCFHOWA) operator, the spherical cubic fuzzy Hamacher hybrid averaging (SCFHHA) operator, the spherical cubic fuzzy Hamacher weighted geometric (SCFHWG) operator, the spherical cubic fuzzy Hamacher ordered weighted geometric (SCFHOWG) operator, and the spherical cubic fuzzy Hamacher hybrid geometric (SCFHHG) operator for the appraisal of the best choice of enterprise. We ultimately defend the proposed approach with the existing strategies for possibility and adequacy.


2018 ◽  
Vol 58 (1) ◽  
pp. 130 ◽  
Author(s):  
David Newman ◽  
Steve Begg ◽  
Matthew Welsh

The outcomes of many business decisions do not live up to expectations or possibilities. A literature review of neuroscience and psychological factors that affect decision making has been undertaken, highlighting many reasons why it is hard for people to be good decision makers, particularly in complex and uncertain situations such as oil and gas projects. One way to diminish the impact of these human factors is to use the structured methodology and tools of Decision Analysis, which have been developed and used over 50 years, for making good decisions. Interviews with senior personnel from oil and gas operating companies, followed up by a larger-scale survey, were conducted to determine whether or how Decision Analysis and Decision Quality are used and why they are used in particular ways. The results showed that Decision Analysis and Decision Quality are not used as often as the participants think they should be; some 90% of respondents believed that they should be used for key project decisions, but only ~50% said that they are used. Six propositions were tested for why Decision Analysis and Decision Quality are not used more, and the following three were deemed to be supported: • Decision Analysis and Decision Quality are not well understood. • There is reliance on experience and judgment for decision-making. • Projects are schedule-driven. Further research is proposed to determine the underlying causes, and tackle those, with the aim being to improve business outcomes by determining how to influence decision makers to use Decision Analysis and Decision Quality more effectively.


Symmetry ◽  
2019 ◽  
Vol 11 (5) ◽  
pp. 698 ◽  
Author(s):  
Muhammad Jamil ◽  
Saleem Abdullah ◽  
Muhammad Yaqub Khan ◽  
Florentin Smarandache ◽  
Fazal Ghani

The present study aims to introduce the notion of bipolar neutrosophic Hamacher aggregation operators and to also provide its application in real life. Then neutrosophic set (NS) can elaborate the incomplete, inconsistent, and indeterminate information, Hamacher aggregation operators, and extended Einstein aggregation operators to the arithmetic and geometric aggregation operators. First, we give the fundamental definition and operations of the neutrosophic set and the bipolar neutrosophic set. Our main focus is on the Hamacher aggregation operators of bipolar neutrosophic, namely, bipolar neutrosophic Hamacher weighted averaging (BNHWA), bipolar neutrosophic Hamacher ordered weighted averaging (BNHOWA), and bipolar neutrosophic Hamacher hybrid averaging (BNHHA) along with their desirable properties. The prime gain of utilizing the suggested methods is that these operators progressively provide total perspective on the issue necessary for the decision makers. These tools provide generalized, increasingly exact, and precise outcomes when compared to the current methods. Finally, as an application, we propose new methods for the multi-criteria group decision-making issues by using the various kinds of bipolar neutrosophic operators with a numerical model. This demonstrates the usefulness and practicality of this proposed approach in real life.


2022 ◽  
Vol 14 (1) ◽  
pp. 0-0

Complex decisions are an unusual process, composed of actions. An impact is a measure of the tangible and intangible consequences of one thing on another. Impacts are interdependent, and the environment in which they are measured generates constant change for decision making. This paper proposes the impact projection’s conceptualization, organized into a meta-ontology called OntoImpact. It comprises concepts that are crucial in supporting the understanding and representation of impact projections for complex decisions. The main contribution of OntoImpact is to support decision-makers in their work tasks, besides providing bases to support the development of a complex decision system. This paper was evaluated in a case study of an emergency domain. The results show that OntoImpact provides elements that can support complex decision analysis and project impacts in a collaborative way.


Author(s):  
JIAN-QIANG WANG ◽  
KANG-JIAN LI ◽  
HONG-YU ZHANG

In this paper, we first defined intuitionistic normal fuzzy numbers as well as their operational laws and score function. Next, we proposed some aggregation operators including ordered intuitionistic normal ordered fuzzy weighted averaging operator, intuitionistic normal fuzzy ordered weighted geometric averaging operator, intuitionistic normal fuzzy related ordered weighted averaging operator, intuitionistic normal fuzzy related ordered weighted geometric averaging operator, induced intuitionistic normal fuzzy related ordered weighted averaging operator and induced intuitionistic normal fuzzy related ordered weighted geometric averaging operator. After that, similarity measure between two intuitionistic normal fuzzy numbers is defined. For multi-criteria decision making problems, in which the criteria are interactive and the criteria values are intuitionistic normal fuzzy numbers, an approach based on induced intuitionistic normal fuzzy related aggregation operators is proposed. And the comprehensive evaluation values of all alternatives can be derived by applying induced intuitionistic normal fuzzy related aggregation operators. Finally, the ranking of the whole alternatives set can be obtained by comparing the relative closeness of alternatives to the ideal solution. In the end, an example is given to show the validity and the feasibility of the method.


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