Academic literature on the topic 'Multi-criteria Decision Making (MCDM) techniques'

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Journal articles on the topic "Multi-criteria Decision Making (MCDM) techniques"

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Azhar, Nayli Adriana, Nurul Asyikin Mohamed Radzi, and Wan Siti Halimatul Munirah Wan Ahmad. "Multi-criteria Decision Making: A Systematic Review." (Recent Advances in Electrical & Electronic Engineering (Formerly Recent Patents on Electrical & Electronic Engineering) 14, no. 8 (2021): 779–801. http://dx.doi.org/10.2174/2352096514666211029112443.

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Multi Criteria Decision Making (MCDM) helps decision makers (DMs) solve highly complex problems. Accordingly, MCDM has been widely used by DMs from various fields as an effective and reliable tool for solving various problems, such as in site and supplier selection, ranking and assessment. This work presents an in-depth survey of past and recent MCDM techniques cited in the literature. These techniques are mainly categorised into pairwise comparison, outranking and distance-based approaches. Some well-known MCDM methods include the Analytical Hierarchy Process (AHP), Analytical Network Process
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Massam, Bryan H. "Multi-Criteria Decision Making (MCDM) techniques in planning." Progress in Planning 30 (January 1988): 1–84. http://dx.doi.org/10.1016/0305-9006(88)90012-8.

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Abdulaal, Reda M. S., and Omer A. Bafail. "Two New Approaches (RAMS-RATMI) in Multi-Criteria Decision-Making Tactics." Journal of Mathematics 2022 (September 27, 2022): 1–20. http://dx.doi.org/10.1155/2022/6725318.

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When a decision must be made, a tool called multi-criteria decision-making (MCDM) is used to assess and select alternatives among numerous criteria. For a wide variety of complex problems, MCDM methods have demonstrated usefulness in finding the optimal solutions. Despite the abundance of MCDM methods available today, there has been slow progress in developing new methodologies in MCDM in the past decade. In this context, this paper presents new MCDM tools which ranks alternatives based on median similarity (RAMS) between optimal alternatives and other alternatives. RAMS is an extension to the
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Yang, Zhe, Kan Yang, Yufeng Wang, Lyuwen Su, and Hu Hu. "The improved multi-criteria decision-making model for multi-objective operation in a complex reservoir system." Journal of Hydroinformatics 21, no. 5 (2019): 851–74. http://dx.doi.org/10.2166/hydro.2019.150.

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Abstract In multi-objective reservoir operation, it is vital for decision-makers to select optimal scheduling schemes through efficient multi-criteria decision-making (MCDM) techniques. However, in the family of MCDM methods, it is difficult for the technique for order preference by similarity to an ideal solution (TOPSIS) to describe grey correlation, thus making decisions with less reliability. To this end, a framework supporting high-quality solutions' acquirement and optimal reservoir operation decision-making is established. The improved multi-objective particle swarm optimization (IMOPSO
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García, Vicente, J. Salvador Sánchez, and Ana I. Marqués. "Synergetic Application of Multi-Criteria Decision-Making Models to Credit Granting Decision Problems." Applied Sciences 9, no. 23 (2019): 5052. http://dx.doi.org/10.3390/app9235052.

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Although various algorithms have widely been studied for bankruptcy and credit risk prediction, conclusions regarding the best performing method are divergent when using different performance assessment metrics. As a solution to this problem, the present paper suggests the employment of two well-known multiple-criteria decision-making (MCDM) techniques by integrating their preference scores, which can constitute a valuable tool for decision-makers and analysts to choose the prediction model(s) more properly. Thus, selection of the most suitable algorithm will be designed as an MCDM problem tha
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Francik, Sławomir, Norbert Pedryc, Adrian Knapczyk, Artur Wójcik, Renata Francik, and Bogusława Łapczyńska-Kordon. "Bibliometric analysis of multiple criteria decision making in agriculture." Technical Sciences 1, no. 20 (2016): 17–30. http://dx.doi.org/10.31648/ts.2906.

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Development trends (Research Trends) in scientific research on the methods of Multiple Criteria Decision Making (MCDM) and Multiple Criteria Decision Analysis (MCDA) in agriculture are analyzed. Established bibliometric techniques are applied. MCDA/MCDM methods are being very intensively developed in recent years, as evidenced by the number of scientific papers published annually in renowned scientific journals indexed in the Web of Science (WoS) database. In the years 1979-2015 a total of 1,355 scientific articles were collected in the database. The number of articles published annually incre
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Sikder, Abu Hena Mustafa Kamal, and Mashfiqus Salehin. "Multi-criteria decision making methods for rural water supply: a case study from Bangladesh." Water Policy 17, no. 6 (2015): 1209–23. http://dx.doi.org/10.2166/wp.2015.111.

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Multiple criteria decision making (MCDM) is a process of evaluating alternatives against relevant decision making criteria. Several methods are available to facilitate the evaluation steps. This paper deals with a rural water supply problem in the coastal areas of Bangladesh. Three different MCDM methods – weighted summation, analytical hierarchy process, and novel approach to imprecise assessment and decision environments – were used to evaluate the suitable water supply alternative. The ranking of alternatives obtained from these MCDM techniques produced similar results. Among five water sup
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Zavadskas, Edmundas Kazimieras, Dragan Pamučar, Željko Stević, and Abbas Mardani. "Multi-Criteria Decision-Making Techniques for Improvement Sustainability Engineering Processes." Symmetry 12, no. 6 (2020): 986. http://dx.doi.org/10.3390/sym12060986.

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The success of any activity and process depends fundamentally on the possibility of balancing (symmetry) needs and their satisfaction. That is, the ability to properly define a set of success indicators. The application of the developed new multi-criteria decision-making (MCDM) methods can be eliminated or decreased by decision-makers’ subjectivity, which leads to consistency or symmetry in the weight values of the criteria. In this Special Issue, 40 research papers and one review study co-authored by 137 researchers from 23 different countries explore aspects of multi-criteria modeling and op
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Alyazji, Qasem Anwar, and Gulsum Asiksoy. "Evaluating Mechanical Ventilators Using Multi Criteria Decision Making Techniques." International Journal of Online and Biomedical Engineering (iJOE) 17, no. 07 (2021): 4. http://dx.doi.org/10.3991/ijoe.v17i07.21769.

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Mechanical ventilator (MV) is used to help the patient breathe by delivering gas to the lungs at a certain rate using positive pressure. The complex evaluation of mechanical ventilator devices at present time is a very important and topical issue, due to the presence of many mechanical ventilator companies, as it seems that the process of evaluation and selection of ventilator equipment needs strong experience in this field. Our paper show that multi criteria decision making (MCDM) methods can be applied to comparing and evaluating some alternatives of mechanical ventilator devices. This study
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Balogun, A. O., A. O. Bajeh, H. A. Mojeed, and A. G. Akintola. "Software defect prediction: A multi-criteria decision-making approach." Nigerian Journal of Technological Research 15, no. 1 (2020): 35–42. http://dx.doi.org/10.4314/njtr.v15i1.7.

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Failure of software systems as a result of software testing is very much rampant as modern software systems are large and complex. Software testing which is an integral part of the software development life cycle (SDLC), consumes both human and capital resources. As such, software defect prediction (SDP) mechanisms are deployed to strengthen the software testing phase in SDLC by predicting defect prone modules or components in software systems. Machine learning models are used for developing the SDP models with great successes achieved. Moreover, some studies have highlighted that a combinatio
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