Using Multicriteria Futuristic Fuzzy Decision Hierarchy in SWOT Analysis

2015 ◽  
Vol 6 (4) ◽  
pp. 38-56 ◽  
Author(s):  
Sunil Pratap Singh ◽  
Manoj Kumar Chauhan ◽  
Preetvanti Singh
Keyword(s):  
Swot Analysis ◽  
External Environment ◽  
Tourism Industry ◽  
Decision Making Process ◽  
Internal Environment ◽  
Fuzzy Decision ◽  
Analytic Hierarchy ◽  
Hierarchy Process ◽  
Significant Factors

In this paper, a quantitative multicriteria futuristic fuzzy decision hierarchy (MFFDH)-based SWOT (strengths, weaknesses, opportunities and threats) analysis has been carried out to determine priorities among significant factors related to tourism's internal and external environment. In MFFDH model, the fuzzy logic is combined with analytic hierarchy process (AHP) to overcome the uncertainty in decision making process. The utilization of MFFDH with SWOT yields analytically determined priorities for the factors included in SWOT analysis and makes them more commensurable. The hybrid method has been applied in connection with a case study on tourism industry in Agra (India) and result indicates that the factors related to tourism's internal environment (strengths and weaknesses) are relatively more important than external factors (opportunities and threats). In addition, strengths group turned out to have the highest priorities while threats group have the lowest priorities.

scholarly journals Аn example of different AHP structuring in a forest management problem

2016 ◽  
pp. 127-137
Author(s):  
Milena Lakicevic ◽  
Bojan Srdjevic ◽  
Ivaylo Velichkov ◽  
Zorica Srdjevic
Keyword(s):  
Decision Making ◽  
Forest Management ◽  
Analytic Hierarchy Process ◽  
Evaluation Procedure ◽  
Decision Making Process ◽  
Management Problem ◽  
Consistency Check ◽  
Analytic Hierarchy ◽  
Hierarchy Process

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.

scholarly journals Developing A Creative Economic-Based Village Tourism In Kendran Village Gianyar Regency

2019 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Ni Ketut Arismayanti ◽  
I Gusti Ngurah Widyatmaja ◽  
I Wayan Wiraatmaja
Keyword(s):  
Local Community ◽  
Swot Analysis ◽  
External Environment ◽  
Tourism Industry ◽  
Creative Economy ◽  
Internal Environment ◽  
Sacred Places ◽  
Technological Advances ◽  
Tourism Information ◽  
The Stability

This research aims to identify the potential of natural tourism, cultural tourism, and creativity of local communities of Kendran Village and determine the condition of the internal environment (as seen from the strengths and weaknesses) and external environment (as seen from the opportunities and threats) of Kendran Village since the development of creative-economy based village tourism is one of the attempts to open up the market share (market niche) that had not been done yet. SWOT analysis method was used in this research to explore the potential of the internal environment, such as Strengths, namely rice field scenery with jogging tracks, the preserved traditional culture as traditional Balinese architecture, sacred places, historical relics in the village area, the activities of the Balinese-Hinduism ceremonies, arts and cultures, as well as the hospitality of communities, and accessible areas. We found the weaknesses on infrastructure, public facilities, lack of tourism programs along with its management, and lack of foreign languages including English. Likewise, on the external environment, they have the opportunities in location of Kendran Village, the popularity of village tourism, increasing of tourists arrival who are interested in culture & natural tourism, information and technological advances that support the promotion of Kendran Village, the support of the Gianyar Government, the development of creative-economy based tourism, and the threats such as increased competition in tourism industry, lack of passion of rural life in young generations, the culture commercialization, and also the stability of political and security situation in Indonesia. Index Terms— natural potentials, cultural potentials, creative local community, creative economy. 

scholarly journals Application of AHP and PESTEL-SWOT Analysis on The Study of Military Amphibious Aircraft Acquisition Decision Making in Indonesia

2022 ◽  
Vol 27 ◽  
pp. 837-853
Author(s):  
Emanuel Ario Bimo ◽  
Eka Prabawa ◽  
Esra Kriahanta Sembiring ◽  
Oktaheroe Ramsi ◽  
Sjafrie Sjamsoeddin ◽  
...  
Keyword(s):  
Decision Making ◽  
Swot Analysis ◽  
Spare Parts ◽  
Decision Making Process ◽  
Diplomatic Relations ◽  
Analytic Hierarchy ◽  
Logistics Distribution ◽  
Remote Areas ◽  
Political Economic ◽  
Hierarchy Process

Indonesia’s characteristics as an archipelagic state along with the increase of traditional and non-traditional threats in Indonesia require the ownership of military amphibious aircraft to oversee its maritime territories and perform logistics distribution to remote areas with minimum accessibility, especially its outermost islands. This study applied a combination of analytic hierarchy process (AHP), Political, Economic, Social, Techonology, Environment, and Legal (PESTEL) and Strength, Weakness, Opportunity, and Threat (SWOT) analysis to conduct a structured, systematic, measurable, and comprehensive decision-making process for selecting military amphibious aircraft and prescribe strategic recommendations on the acquisition plan. By using 3 criteria, 14 sub-criteria, and 3 alternative aircraft models, the results of AHP analysis showed that the Beriev Be-200 aircraft are the most preferred aircraft by the Indonesian users. The results of PESTEL-SWOT analysis show that good diplomatic relations between Indonesia and the manufacturer’s country of origin, users’ support to the plan, and user’s ability to adapt in operating and maintaining the aircraft support this decision. Meanwhile, limited fiscal capacity and domestic aircraft maintenance facilities/depots, as well as the risk of spare parts scarcity, have to be addressed for Indonesia to acquire its own military amphibious aircrafts.

scholarly journals Prioritizing the Factor Weights Affecting Tourism Performance by FAHP

10.5772/57141 ◽  
2013 ◽  
Vol 5 ◽  
pp. 51 ◽  
Author(s):  
Quang Hung Do ◽  
Jeng Fung Chen
Keyword(s):  
Tourism Industry ◽  
Decision Makers ◽  
Limited Resources ◽  
Decision Making Process ◽  
Key Factors ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
The Hierarchical Structure ◽  
Hierarchy Process

The allocation of limited resources to effectively promote tourism is one of the most important issues in the tourism industry, especially in tough economic times. This paper seeks to investigate the relative importance of the key factors affecting tourism performance by applying the fuzzy analytic hierarchy process (FAHP) method. Specifically, the paper identifies the factors and sub-factors of the hierarchical structure from the literature relating to tourism performance. The framework based on the AHP method is then proposed to determine the relative weights of the factors and sub-factors in contributing to tourism performance. An application case related to the Vietnamese context is used to illustrate the proposed framework. The results of this study consolidated the tourism theory and suggested recommendations and solutions for the Vietnamese tourism industry. The proposed framework could be used by a group of decision-makers to achieve a consensus, as well as deal with uncertainty in the decision-making process. The findings of the study may serve as a tool for assistance for planners in improving the efficiency of tourism performance.

scholarly journals Decision Tree and AHP Methods Application for Projects Assessment: A Case Study

2021 ◽  
Vol 13 (10) ◽  
pp. 5502
Author(s):  
Augustinas Maceika ◽  
Andrej Bugajev ◽  
Olga Regina Šostak ◽  
Tatjana Vilutienė
Keyword(s):  
Decision Making ◽  
Decision Tree ◽  
Construction Projects ◽  
Decision Making Process ◽  
Analytic Hierarchy ◽  
Model Stability ◽  
Proposed Model ◽  
Tree Methods ◽  
Hierarchy Process

This research is dedicated to the modelling of decision process occurring during the implementation of construction projects. Recent studies generally do not assess the robustness of the decisions regarding the possible changes during the construction project implementation. However, such an assessment might increase the reliability of the decision-making process. We addressed this gap through a new model that combines the decision-making process modelling with the AHP method and includes the analysis of model stability concerning stakeholders’ behaviour. We used the Analytic Hierarchy Process (AHP) and Decision tree methods to model the decision-making process. The proposed model was validated on a case study of multiple construction projects. The assessment was performed from individual investor’s and independent expert’s perspectives. The criteria for the assessment were selected according to the principles of sustainability. We performed the sensitivity analysis, making it possible to assess the possible changes of the decisions depending on the potential patterns of the decision-makers’ behaviour. The results of the study show that, sometimes, small fluctuations in the project factors affect the project selection indicating the possible lack of the robustness of the project decisions.

scholarly journals Investment Evaluation of Tourism Industry: A Case Study of Coastal Recreation Areas in Hualien Taiwan

2016 ◽  
Vol 9 (12) ◽  
pp. 1
Author(s):  
Maw-Cherng Lin ◽  
Ming-Wei Yang
Keyword(s):  
Carrying Capacity ◽  
Tourism Industry ◽  
Public Infrastructure ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Tourist Attractions ◽  
Recreation Areas ◽  
Tourism Resources ◽  
Hierarchy Process

<p>An increase in the number of tourists can boost the economic prosperity of tourist attractions; over-development or over-utilization of a tourist attraction will lead to the consumption of tourism resources and reduce recreational quality. This study used relevant studies on ecotourism and recreational carrying capacity and applied the Delphi-fuzzy analytic hierarchy process to identify the critical factors affecting the recreational carrying capacity of the Hualien Qixingtan coastal recreational areas, including 4 primary factors, namely, recreational environment, natural landscape, coastal animals and plants, and cultural assets, and 13 secondary factors, such as public infrastructure. The research results can be provided as reference for relevant government authorities and operators to develop measures taking into account both the resource conservation and recreational management of coastal recreational areas.</p>

scholarly journals Analytical Hierarchy Process as a Tool for Investment Appraisal

2016 ◽  
Vol 8 (4) ◽  
pp. 306
Author(s):  
Ceren Oral
Keyword(s):  
Performance Appraisal ◽  
Investment Decisions ◽  
Decision Making Process ◽  
Analytic Hierarchy ◽  
Qualitative And Quantitative ◽  
Investment Appraisal ◽  
Financial Failure ◽  
Hierarchy Process ◽  
Selection Of

<p>Analytic Hierarchy Process (AHP), is the method of multiple-criteria decision analysis. AHP; severity of the important criteria in deciding the pairwise comparisons and it carries out the sequence of decisions alternatives. AHP is a powerful and easy to understand method that allows combining qualitative and quantitative factors in the decision making process for groups and individuals.</p><p>AHP in finance is a frequently used method especially financial performance appraisal, credit appraisal, the financial failure prediction, estimation of the exchange rate and the selection of projects. Evaluation and selection of projects is a difficult task before making investment decisions. In this context, it has been developed a case study to determine the best project by applying the AHP technique. For this purpose, considering four criteria, the best projects between options have been identified and evaluated by alternative four projects.</p>

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