A Hybrid Multiple Criteria Decision Making Technique for Prioritizing Equipments

2010 ◽  
Vol 1 (4) ◽  
pp. 56-75 ◽  
Author(s):  
Sarojini Jajimoggala ◽  
V.V.S. Kesava Rao ◽  
Satyanarayana Beela
Keyword(s):  
Decision Making ◽  
Multiple Criteria Decision Making ◽  
Least Square Method ◽  
Multiple Criteria ◽  
Least Square ◽  
Evaluation Procedures ◽  
Reliability Centered Maintenance ◽  
Network Process ◽  
Order Preference ◽  
Pair Wise Comparison

Prioritization of equipment is an important factor for decision making to optimize maintenance management in Reliability Centered Maintenance (RCM). Many factors must be considered as part of the prioritization of equipment for maintenance activities. Consequently, evaluation procedures involve several objectives and it is often necessary to compromise among conflicting tangible and intangible factors. Multiple Criteria Decision Making (MCDM) is a useful approach to solve these problems. In this study, a hybrid model is developed for prioritizing the equipment in hybrid flow systems. The first stage involves identifying the criteria. The second stage is prioritizing the different criteria using fuzzy Analytical Network Process (ANP), in which the weight of each criterion is calculated using modified fuzzy Logarithmic Least Square Method (LLSM) to overcome the criticism of inconsistency, unbalanced scale of judgments, uncertainty and imprecision in the pair-wise comparison process, then finally ranking of equipment using fuzzy Technique for Order Preference by Similarity to Ideal Solution (TOPSIS).

A Hybrid Multiple Criteria Decision Making Technique for Prioritizing Equipments

2012 ◽  
pp. 256-275
Author(s):  
Sarojini Jajimoggala ◽  
V. V. S. Kesava Rao ◽  
Satyanarayana Beela
Keyword(s):  
Decision Making ◽  
Multiple Criteria Decision Making ◽  
Least Square Method ◽  
Multiple Criteria ◽  
Least Square ◽  
Evaluation Procedures ◽  
Reliability Centered Maintenance ◽  
Network Process ◽  
Order Preference ◽  
Pair Wise Comparison

Prioritization of equipment is an important factor for decision making to optimize maintenance management in Reliability Centered Maintenance (RCM). Many factors must be considered as part of the prioritization of equipment for maintenance activities. Consequently, evaluation procedures involve several objectives and it is often necessary to compromise among conflicting tangible and intangible factors. Multiple Criteria Decision Making (MCDM) is a useful approach to solve these problems. In this study, a hybrid model is developed for prioritizing the equipment in hybrid flow systems. The first stage involves identifying the criteria. The second stage is prioritizing the different criteria using fuzzy Analytical Network Process (ANP), in which the weight of each criterion is calculated using modified fuzzy Logarithmic Least Square Method (LLSM) to overcome the criticism of inconsistency, unbalanced scale of judgments, uncertainty and imprecision in the pair-wise comparison process, then finally ranking of equipment using fuzzy Technique for Order Preference by Similarity to Ideal Solution (TOPSIS).

Study on Ship Form Technical and Economic Evaluation DS Based on Interactive MCDM

2006 ◽  
Author(s):  
Sang Song ◽  
Li-Hua Jun
Keyword(s):  
Decision Making ◽  
Analytical Hierarchy Process ◽  
Accurate Result ◽  
Multiple Criteria Decision Making ◽  
Least Square Method ◽  
Least Square ◽  
New Method ◽  
Decision Systems ◽  
Complex Decision ◽  
Hierarchy Process

A new method of interactive Multiple Criteria Decision Making (MCDM) is presented. In order to settle the problem that in the cases for the ship designers sometimes it is difficult to make a decision when facing so complex ship form schemes. The conventional AHP (Analytical Hierarchy Process) is adopted, but it mostly depends on the designer’s subjective and leads to the systematic error. The new method can obtain the accurate result with the rigid least square method as a tool, making full use of the AHP and the objective information entropy, which reflects the inherent attribute. When applied in the practice, it is proved to be effective, practical and dependable for future ships’ complex Decision Systems (DS).

scholarly journals A Hybrid Multiple Criteria Decision Making Model for Selecting the Location of Women’s Fitness Centers

2018 ◽  
Vol 2018 ◽  
pp. 1-11 ◽  
Author(s):  
Sen-Kuei Liao ◽  
Hsiao-Yin Hsu ◽  
Kuei-Lun Chang
Keyword(s):  
Decision Making ◽  
Selection Criteria ◽  
Multiple Criteria Decision Making ◽  
Analytic Network Process ◽  
Multiple Criteria ◽  
Fitness Centers ◽  
Location Selection ◽  
Fuzzy Delphi ◽  
Proposed Model ◽  
Network Process

Location selection is a critical problem for businesses that can determine the success of an organization. Selecting the optimal location from a pool of alternatives belongs to a multiple criteria decision making (MCDM) problem. This study employed a hybrid MCDM technique to select locations for women’s fitness centers in Taiwan. In the beginning, the fuzzy Delphi method was utilized to obtain selection criteria from interviewed senior executives. In the second stage, the decision making trial and evaluation laboratory (DEMATEL) was employed to extract interdependencies between the selection criteria within each perspective. On the basis of interdependencies between the selection criteria, the analytic network process (ANP) was used to get respective weights of each criterion. Finally, the technique for order preference by similarity to ideal solution (TOPSIS) was ranking the alternatives. To demonstrate application of the proposed model and illustrate a location selection problem, a case was conducted. The capabilities and effectiveness of the proposed model are revealed.

scholarly journals Using a Hybrid Multiple-Criteria Decision-Making Technique to Identify Key Factors Influencing Microblog Users’ Diffusion Behaviors in Emergencies: Evidence from Generations Born after 2000

Symmetry ◽  
2019 ◽  
Vol 11 (2) ◽  
pp. 265 ◽  
Author(s):  
Yanxia Lu ◽  
Chun Jin ◽  
Jiangnan Qiu ◽  
Peng Jiang
Keyword(s):  
Decision Making ◽  
Behavioral Intention ◽  
Multiple Criteria Decision Making ◽  
Mobile Internet ◽  
Multiple Criteria ◽  
Perceived Usefulness ◽  
Key Factors ◽  
Factors Influencing ◽  
Network Process ◽  
Diffusion Behaviors

Recently, some appalling events have attracted wide attention, such as the RYB (Red, Yellow and Blue) child abuse incident, the killing of stewardesses by online car-hailing, and the swine fever epidemic. With the development of mobile Internet, Microblog has accelerated the spread of emergencies. Diffusion behavior is affected by different motivations, and motivation theory declared that internal and external motivations are the direct influencing factors of users’ behavioral intention. Therefore, this study uses a hybrid multiple-criteria decision-making (MCDM) technique, combining the decision-making trial and evaluation laboratory (DEMATEL) and analytical network process (ANP) to identify the key factors influencing user’s diffusion behaviors in emergencies. According to the results of empirical study, perceived usefulness, perceived emotionality, perceived accessibility, information timeliness, and information authoritativeness are identified as the key factors influencing user’s diffusion behaviors. Finally, we propose some managerial suggestions to help stakeholders control online public opinion effectively.

scholarly journals A Multiple Criteria Decision Making Method Based on Relative Value Distances

2015 ◽  
Vol 40 (4) ◽  
pp. 299-315 ◽  
Author(s):  
Huan-jyh Shyur ◽  
Liang Yin ◽  
Hsu-shih Shih ◽  
Chi-bin Cheng
Keyword(s):  
Decision Making ◽  
Solution Method ◽  
Multiple Criteria Decision Making ◽  
Multiple Criteria ◽  
Decision Makers ◽  
Relative Value ◽  
Seeking Behavior ◽  
Order Preference ◽  
Topsis Technique ◽  
The Ideal

Abstract This paper proposes a new multiple criteria decision-making method called ERVD (election based on relative value distances). The s-shape value function is adopted to replace the expected utility function to describe the risk-averse and risk-seeking behavior of decision makers. Comparisons and experiments contrasting with the TOPSIS (Technique for Order Preference by Similarity to the Ideal Solution) method are carried out to verify the feasibility of using the proposed method to represent the decision makers’ preference in the decision making process. Our experimental results show that the proposed approach is an appropriate and effective MCDM method.

scholarly journals DYNAMIC FUZZY MULTIPLE CRITERIA DECISION MAKING FOR PERFORMANCE EVALUATION

2015 ◽  
Vol 21 (5) ◽  
pp. 705-719 ◽  
Author(s):  
Guangxu LI ◽  
Gang Gang KOU ◽  
Yi PENG
Keyword(s):  
Decision Making ◽  
Distance Measure ◽  
Programming Model ◽  
Multiple Criteria Decision Making ◽  
Unit Interval ◽  
Multiple Criteria ◽  
Decision Makers ◽  
Basic Unit ◽  
Mathematical Programming Model ◽  
Order Preference

The paper proposes a dynamic fuzzy multiple criteria decision making (DFMCDM) method. The method considers the integrated weight of the decision makers with the subjective and objective preference and the effect of time weight. In the proposed method, a mathematical programming model is used to determine the integrated weight, and a basic unit-interval monotonic (BUM) function based approach is used to calculate the time weight. In addition, a distance measure of membership function is introduced to effectively measure the degree of difference between the alternatives in the Fuzzy Technique for Order Preference by Similarity to Ideal Solution (FTOPSIS). Finally, a numerical example is introduced to illustrate the proposed method.

scholarly journals A Hybrid Multiple Criteria Decision-Making Technique to Evaluate Regional Intellectual Capital: Evidence from China

Mathematics ◽  
2021 ◽  
Vol 9 (14) ◽  
pp. 1676
Author(s):  
Chao Liu ◽  
Kexin Li ◽  
Peng Jiang ◽  
Ding Li ◽  
Liping Su ◽  
...  
Keyword(s):  
Decision Making ◽  
Intellectual Capital ◽  
Hybrid Method ◽  
Relative Weight ◽  
Multiple Criteria Decision Making ◽  
Analytic Network Process ◽  
Multiple Criteria ◽  
Current Status ◽  
Resource Endowment ◽  
Network Process

With the dawn of economic globalization and the knowledge economy, intellectual capital has become the most important factor to determine economic growth. However, due to resource endowment, location conditions, policy differences, and other factors, provinces in China show sizeable differences in regional intellectual capital (RIC), which affects the coordinated development of the regional economy. Evaluating RIC is a typical multiple-criteria decision-making (MCDM) problem. Therefore, this study employs a set of MCDM techniques to solve this problem. First, the Delphi method is used to determine the formal decision structure based on a systematic literature review. A novel hybrid method, namely, the Grey-based Decision-Making Trial and Evaluation Laboratory (DEMATEL) and Analytic Network Process (ANP), i.e., GDANP, is employed to obtain the relative weight of each criterion. Finally, based on the data of 31 provinces in China, the Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS) is used to evaluate the RIC. According to the questionnaires filled out by an expert panel, we establish an evaluation index of RIC with 21 criteria. Based on the results of empirical study, the level of RIC in different regions in China is quite different. Furthermore, the RIC ranking is largely consistent with the provincial gross domestic product (GDP) ranking, in line with the current status of development in the regions. Indeed, this paper shows that the proposed hybrid method can effectively measure the level of RIC.

Developing MCDM Approach Based on GRA and TOPSIS

2010 ◽  
Vol 34-35 ◽  
pp. 1931-1935 ◽  
Author(s):  
Qi Bing Wang ◽  
An Hua Peng
Keyword(s):  
Decision Making ◽  
Comprehensive Evaluation ◽  
Multiple Criteria Decision Making ◽  
Fuzzy Comprehensive Evaluation ◽  
Multiple Criteria ◽  
Shape Similarity ◽  
Ideal Solution ◽  
Relational Analysis ◽  
Order Preference ◽  
Grey Relational

Multiple criteria decision making(MCDM) is widely used in selection from a set of available alternatives with multiple criteria, approaches to which includes fuzzy comprehensive evaluation(FCE), grey relational analysis(GRA), and technique for order preference by similarity to ideal solution(TOPSIS), and so on. First analyzes the limitations of various methods: only considering the overall effect of attribute indicators in the method of FCE, only considering the shape similarity of data curve between comparative scheme and ideal solution in GRA and only considering position approximation in TOPSIS. Second proposes a new method of comprehensive evaluation which takes into account both shape similarity and position approximation. The validity of this method has been further proved by an example of suppliers selection.

scholarly journals Sistem Pendukung Keputusan Untuk Seleksi Penerimaan Dan Penentuan Posisi Karyawan

2016 ◽  
Vol 10 (1) ◽  
pp. 62
Author(s):  
Devi Martha Ariyanti ◽  
Fahrul Agus ◽  
Dyna Marisa Khairina
Keyword(s):  
Decision Making ◽  
Multiple Criteria Decision Making ◽  
Multiple Criteria ◽  
Ideal Solution ◽  
Order Preference

Sumber Daya Manusia (SDM) merupakan sumber daya yang paling penting bagi organisasi. Salah satu proses yang paling penting bagi perusahaan adalah proses rekrutmen dan seleksi sumber daya manusia. Pada kenyataannya pengambilan keputusan secara efisien dan efektif pada saat melakukan seleksi terhadap sumber daya manusia bukanlah hal yang mudah, maka diperlukan suatu Sistem Pendukung Keputusan (SPK) untuk membantu memecahkan masalah tersebut. Dalam hal ini Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) dan Fuzzy Multiple Criteria Decision Making (FMCDM) digunakan sebagai metode untuk memberikan penilaian calon karyawan yang akan diseleksi. Dari beberapa data yang diujikan terhadap aplikasi ini menunjukkan bahwa calon karyawan ideal terhadap suatu posisi bukan hanya memiliki nilai kedekatan pada kriteria ideal yang diinginkan oleh perusahaan, tapi juga memiliki nilai dengan rentang menjauhi kriteria ideal yang tidak diinginkan oleh perusahaan.

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