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  • 1
    Publication Date: 2012-01-01
    Description: Selecting projects is often a difficult task. It is complicated because there is usually more than one dimension for measuring the impact of each project, especially when there is more than one decision maker. This paper is aimed to present the fuzzy ELECTRE approach for prioritizing the most effective projects to improve decision making. To begin with, the ELECTRE is one of most extensively used methods to solve multicriteria decision making (MCDM) problems. The ELECTRE evaluation method is widely recognized for high-performance policy analysis involving both qualitative and quantitative criteria. In this paper, we consider a real application of project selection using the opinion of experts to be applied into a model by one of the group decision makers, called the fuzzy ELECTRE method. A numerical example for project selection is given to clarify the main developed result in this paper.
    Print ISSN: 1024-123X
    Electronic ISSN: 1563-5147
    Topics: Mathematics , Technology
    Published by Hindawi
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  • 2
    Publication Date: 2011-01-01
    Description: This paper processes a unification of Fuzzy TOPSIS and Data Envelopment Analysis (DEA) to select the units with most efficiency. This research is a two-stage model designed to fully rank the organizational alternatives, where each alternative has multiple inputs and outputs. First, the alternative evaluation problem is formulated by Data Envelopment Analysis (DEA) and separately formulates each pair of units. In the second stage, we use the opinion of experts to be applied into a model of group Decision-Making (DM) called the Intuitionistic Fuzzy TOPSIS (IFT) method. The results of both methods are then multiplied to obtain the results. DEA and Intuitionistic Fuzzy TOPSIS ranking do not replace the DEA classification model; rather, it furthers the analysis by providing full ranking in the DEA context for all units by aggregate individual opinions of decision makers for rating the importance of criteria and alternatives.
    Print ISSN: 1110-757X
    Electronic ISSN: 1687-0042
    Topics: Mathematics
    Published by Hindawi
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  • 3
    Publication Date: 2018-11-01
    Description: In complex decision making, using multicriteria decision-making (MCDM) methodologies is the most scientific way to ensure an informed and justified decision between several alternatives. MCDMs have been used in different ways and with several applications that proved their efficiency in achieving this goal. In this research, the advantages and disadvantages of the different MCDM methodologies are studied, along with the different techniques implemented to increase their accuracy and precision. The main aim of the study is to develop a hybrid MCDM process that combines the strengths of several MCDM methods and apply it to choose the best fit maintenance policy/strategy for industrial application. Moreover, fuzzy linguistic terms are utilized in all of the used MCDM techniques in order to eliminate the uncertainty and ambiguity of the results. Through an extensive literature review performed on studies that have used MCDM methods in a hybrid context and using fuzzy linguistic terms, a model is developed to use fuzzy DEMATEL-AHP-TOPSIS hybrid technique. The model with its application is the first of its kind, which combines the strengths of fuzzy DEMATEL in establishing interrelationships between several criteria, as well as performing a pairwise comparison between the criteria for prioritization using the fuzzy AHP method. Thereafter, the alternatives are compared using fuzzy TOPSIS method by establishing negative and positive solutions and calculating the relative closeness for each of the alternatives. Furthermore, six main criteria, twenty criteria, and five alternatives are selected from the literature for the model application.
    Print ISSN: 1687-9724
    Electronic ISSN: 1687-9732
    Topics: Computer Science
    Published by Hindawi
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