scholarly journals AHP, a Reliable Method for Quality Decision Making: A Case Study in Business

2021 ◽  
Vol 13 (24) ◽  
pp. 13932
Author(s):  
Irina Canco ◽  
Drita Kruja ◽  
Tiberiu Iancu

Decision making is a significant responsibility for business managers, their decisions impacting business performance. Managers are therefore interested in acquiring and implementing reliable methods for making decisions both now and in the future. Currently, in the countries in the Albanian-speaking regions of the Western Balkans, intuitive decision-making methods predominate. In order to find appropriate methods for assessing and prioritizing goals, new approaches to decision making should be adopted. Various methods have been developed for multi-criteria decision making. One of these is the Analytic Hierarchy Process (AHP) method—a method which should receive more attention than it has up to now. We would like to show that the AHP method could be of great use in decision making. Through a case study, this paper explores the AHP, a method with three levels in which the identification of decision-making criteria is based on the perceptions of managers and consumers. The paper’s findings offer an important guide for managers to improve decision making and enhance performance in competitive markets.

2016 ◽  
pp. 127-137
Author(s):  
Milena Lakicevic ◽  
Bojan Srdjevic ◽  
Ivaylo Velichkov ◽  
Zorica Srdjevic

The paper investigates how different hierarchy structuring in analytic hierarchy process (AHP) may affect the final results in the decision-making process. This problem is analyzed in a case study of the Rila monastery forest stands in Bulgaria. There were three similar and mutually overlapped hierarchies defined. A decision maker evaluated all of them and after analyzing final results and consistency performance, he selected and revised the most appropriate hierarchy structure. Consistency check assisted in detecting the judgments which have strongly violated evaluation procedure. These mistakes are interpreted as a consequence of a large number of required pair-wise comparisons. The paper emphases the importance of properly defining hierarchy structure and recommends using consistency analysis as a guide and not as a directive for the revision of judgments.


Author(s):  
Beyza Ahlatcioglu Ozkok ◽  
Elisa Pappalardo

Making decisions is a part of daily life. The nature of decision-making includes multiple and usually conflicting criteria. Multi Criteria Decision-Making (MCDM) problems are handled under two main headings: Multi Attribute Decision Making (MADM) and Multi Objective Decision Making (MODM). Analytic Hierarchy Process (AHP) is a widely used multi-criteria decision making approach and has successfully been applied to many practical problems. Traditional AHP requires exact or crisp judgments (numbers). However, due to the complexity and uncertainty involved in real world decision problems, decision makers might be more reluctant to provide crisp judgments than fuzzy ones. Furthermore, even when people use the same words, individual judgments of events are invariably subjective, and the interpretations that they attach to the same words may differ. This is why fuzzy numbers and fuzzy sets have been introduced to characterize linguistic variables. Here, the authors overview the most known fuzzy AHP approaches and their application, and they present a case study to select an e-marketplace for a firm, which produces and sells electronic parts of computers in Turkey.


2019 ◽  
pp. 135481661988520
Author(s):  
Joseph Andria ◽  
Giacomo di Tollo ◽  
Raffaele Pesenti

In this article, we propose a method for ranking tourist destinations and evaluating their performances under a sustainability perspective: a fuzzy multiple criteria decision-making method is applied for determining sustainability performance values and ranking destinations accordingly. We select a set of sustainability evaluation criteria and use a fuzzy analytic hierarchy process to weight the selected criteria. We also optimize each evaluator’s membership function support by means of a fuzzy entropy maximization criteria. A case study is illustrated and results are compared with two data envelopment analysis–based models. The simplicity of the proposed approach along with the easy readability of the results allow its direct applicability for all involved stakeholders.


Energies ◽  
2020 ◽  
Vol 13 (9) ◽  
pp. 2284 ◽  
Author(s):  
Rômulo Lemos Bulhões ◽  
Eudemário Souza de Santana ◽  
Alex Álisson Bandeira Santos

Electricity generation via renewable sources is emerging as a possible solution to meet the growing demand for electricity worldwide. Additionally, the need to produce clean energy, with little or no pollutants or greenhouse gas emission is paramount. Due to these factors, wind farms are noticeably increasing in number, especially in Brazil. However, the vast size of the country and the poor quality of its infrastructure are among several factors that make it difficult for effective decision-making to accelerate the growth of this segment in Brazil. With the purpose of assisting government agencies, regulatory agencies and other institutions in this area, the use of a multi-criteria selection method called the analytic hierarchy process is proposed here to assist in decision-making and to select priority regions for implementing wind farms. This work focuses on a case study of the state of Bahia, in which 27 territories were selected for an installation priority evaluation. Computational tools were used to hierarchize these chosen territories, including Matlab, for the construction of the computational algorithm. The results indicate the priority pf the regions according to the established criteria, which allows installation locations to be mapped—these could serve as a basis for regional investment.


IEEE Access ◽  
2019 ◽  
Vol 7 ◽  
pp. 53687-53697 ◽  
Author(s):  
Desmond Jun Yi Tey ◽  
Yee Fei Gan ◽  
Ganeshsree Selvachandran ◽  
Shio Gai Quek ◽  
Florentin Smarandache ◽  
...  

2020 ◽  
Vol 36 ◽  
pp. 100726 ◽  
Author(s):  
Hasan Zabihi ◽  
Mohsen Alizadeh ◽  
Isabelle D. Wolf ◽  
Mohammadreza Karami ◽  
Anuar Ahmad ◽  
...  

2014 ◽  
Vol 988 ◽  
pp. 675-682 ◽  
Author(s):  
Yong Xin Liao ◽  
Eduardo Rocha Loures ◽  
Osíris Canciglieri ◽  
Hervé Panetto

The Analytic Hierarchy Process (AHP) is one of the widely accepted and frequently used priority assessment methods. A number of studies, which employed the AHP method, have already been carried out in different domains to support their multi-criteria decision-making definitions and applications. However, few researchers have paid attentions to extract and represent the important concepts and their relationships from the AHP method itself. The aim of this study is firstly to propose a way for representing the AHP method as an AHP Ontology together with a set of reasoning rules. Then, a prototype assessment tool is developed to show the possibility of obtaining more flexibility and reusability of this ontological representation.


Author(s):  
M. R. GHOLAMIAN ◽  
S. M. T. FATEMI GHOMI ◽  
M. GHAZANFARI

The establishment of the priorities from pairwise comparison matrices is the major constituent of the Analytic Hierarchy Process (AHP). However, the number of pairwise comparisons necessary in real problems often becomes overwhelming. In such cases, generally the experts are not able to answer all questions and consequently sparse judgment matrix is generated which caused "equal ranks" and "rank reversal" based on AHP method. In this paper, a new ranking system (FARSJUM) is developed for such sparse judgment matrix. The system is constructed on fuzzy rules and fuzzy reasoning methods. The numerical example of world cup soccer tournament is brought to clarify the performance of the developed system comparing with AHP method in ranking the sparse judgment matrices.


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