A systematic review on multi-criteria group decision-making methods based on weights: analysis and classification scheme

Interest in group decision-making (GDM) has been increasing prominently over the last decade. Access to global databases, sophisticated sensors which can obtain multiple inputs or complex problems requiring opinions from several experts have driven interest in data aggregation. Consequently, the field has been widely studied from several viewpoints and multiple approaches have been proposed. Nevertheless, there is a lack of general framework. Moreover, this problem is exacerbated in the case of experts’ weighting methods, one of the most widely-used techniques to deal with multiple source aggregation. This lack of general classification scheme, or a guide to assist expert knowledge, leads to ambiguity or misreading for readers, who may be overwhelmed by the large amount of unclassified information currently available. To invert this situation, a general GDM framework is presented which divides and classifies all data aggregation techniques, focusing on and expanding the classification of experts’ weighting methods in terms of analysis type by carrying out an in-depth literature review. Results are not only classified but analysed and discussed regarding multiple characteristics, such as MCDMs in which they are applied, type of data used, ideal solutions considered or when they are applied. Furthermore, general requirements supplement this analysis such as initial influence, or component division considerations. As a result, this paper provides not only a general classification scheme and a detailed analysis of experts’ weighting methods but also a road map for researchers working on GDM topics or a guide for experts who use these methods. Furthermore, six significant contributions for future research pathways are provided in the conclusions.The first author acknowledges support from the Spanish Ministry of Universities [grant number FPU18/01471]. The second and third author wish to recognize their support from the Serra Hunter program. Finally, this work was supported by the Catalan agency AGAUR through its research group support program (2017SGR00227). This research is part of the R&D project IAQ4EDU, reference no. PID2020-117366RB-I00, funded by MCIN/AEI/10.13039/ 501100011033.Peer ReviewedPostprint (published version

An Integrated Assessment Framework for Water Resources Management: A DSS Tool and a Pilot Study Application

Decision making for the management of water resources is a complex and difficult task. This is due to the complex socio-economic system that involves a large number of interest groups pursuing multiple and conflicting objectives, within an often intricate legislative framework. Several Decision Support Systems have been developed but very few have indeed proved to be effective and truly operational. MULINO (Multisectoral, Integrated and Operational Decision Support System for Sustainable Use of Water Resources at the Catchment Scale) is a project funded under the Fifth Framework Programme of the European Research and the key action line dedicated to operational management schemes and decision support system for sustainable use of water resources. The MULINO DSS (mDSS) integrates hydrological models with multi-criteria decision methods and adopts the DPSIR (Driving Force – Pressure – State – Impact – Response) framework developed by the European Environment Agency. The DPSIR was converted from a static reporting scheme into a dynamic framework for integrated assessment modelling (IAM) and multi-criteria evaluation procedures. This paper presents the methodological framework and the intermediate results of the mDSS tool through its application in a pilot study area located in the Watershed of the Lagoon of Venice.Integrated water resources management, Spatial decision-making, Decision support system, Catchment, Environmental modelling

A novel financial risk assessment model for companies based on heterogeneous information and aggregated historical data

The financial risk not only affects the development of the company itself, but also affects the economic development of the whole society; therefore, the financial risk assessment of company is an important part. At present, numerous methods of financial risk assessment have been researched by scholars. However, most of the extant methods neither integrated fuzzy sets with quantitative analysis, nor took into account the historical data of the past few years

A multi-attribute decision making procedure using fuzzy numbers and hybrid aggregators

The classical Analytical Hierarchy Process (AHP) has two limitations. Firstly, it disregards the aspect of uncertainty that usually embedded in the data or information expressed by human. Secondly, it ignores the aspect of interdependencies among attributes during aggregation. The application of fuzzy numbers aids in confronting the former issue whereas, the usage of Choquet Integral operator helps in dealing with the later issue. However, the application of fuzzy numbers into multi-attribute decision making (MADM) demands some additional steps and inputs from decision maker(s). Similarly, identification of monotone measure weights prior to employing Choquet Integral requires huge number of computational steps and amount of inputs from decision makers, especially with the increasing number of attributes. Therefore, this research proposed a MADM procedure which able to reduce the number of computational steps and amount of information required from the decision makers when dealing with these two aspects simultaneously. To attain primary goal of this research, five phases were executed. First, the concept of fuzzy set theory and its application in AHP were investigated. Second, an analysis on the aggregation operators was conducted. Third, the investigation was narrowed on Choquet Integral and its associate monotone measure. Subsequently, the proposed procedure was developed with the convergence of five major components namely Factor Analysis, Fuzzy-Linguistic Estimator, Choquet Integral, Mikhailov‘s Fuzzy AHP, and Simple Weighted Average. Finally, the feasibility of the proposed procedure was verified by solving a real MADM problem where the image of three stores located in Sabak Bernam, Selangor, Malaysia was analysed from the homemakers‘ perspective. This research has a potential in motivating more decision makers to simultaneously include uncertainties in human‘s data and interdependencies among attributes when solving any MADM problems

A fuzzy decision tool to evaluate the sustainable performance of suppliers in an agrifood value chain

Sustainable supply chain management has received much attention from both academia and industry due to various issues such as economic stability, environment conservation, and social ethics. To improve the sustainable performance of a value chain, its members need to carefully select their suppliers in relation to their own strategy. Thus, an effective tool for sustainable supplier selection and evaluation is essential, which considers the triple bottom line (TBL) of economic, environmental and social aspects by means of criteria adapted to the situation analysed. This paper develops a fuzzy decision tool to evaluate the sustainable performance of suppliers according to TBL. Sustainability criteria are identified to take into account the real hotspots in a food value chain. The proposed model integrates triangular fuzzy numbers (TFN), AHP (Analytic Hierarchy Process) and TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) in a novel way to consider quantitative and qualitative criteria as well as objective and subjective data. This is missing in most existing research when building their fuzzy models for supplier selection, but critical in dealing with the heterogeneous data available for TBL assessment. The application in a sustainable agrifood value chain illustrates the effectiveness of the proposed tool

VIKOR Technique:A Systematic Review of the State of the Art Literature on Methodologies and Applications

The main objective of this paper is to present a systematic review of the VlseKriterijuska Optimizacija I Komoromisno Resenje (VIKOR) method in several application areas such as sustainability and renewable energy. This study reviewed a total of 176 papers, published in 2004 to 2015, from 83 high-ranking journals; most of which were related to Operational Research, Management Sciences, decision making, sustainability and renewable energy and were extracted from the “Web of Science and Scopus” databases. Papers were classified into 15 main application areas. Furthermore, papers were categorized based on the nationalities of authors, dates of publications, techniques and methods, type of studies, the names of the journals and studies purposes. The results of this study indicated that more papers on VIKOR technique were published in 2013 than in any other year. In addition, 13 papers were published about sustainability and renewable energy fields. Furthermore, VIKOR and fuzzy VIKOR methods, had the first rank in use. Additionally, the Journal of Expert Systems with Applications was the most significant journal in this study, with 27 publications on the topic. Finally, Taiwan had the first rank from 22 nationalities which used VIKOR technique

Partner selection in sustainable supply chains: a fuzzy ensemble learning model

With the increasing demands on businesses to operate more sustainably, firms must ensure that the performance of their whole supply chain in sustainability is optimized. As partner selection is critical to supply chain management, focal firms now need to select supply chain partners that can offer a high level of competence in sustainability. This paper proposes a novel multi-partner classification model for the partner qualification and classification process, combining ensemble learning technology and fuzzy set theory. The proposed model enables potential partners to be classified into one of four categories (strategic partner, preference partner, leverage partner and routine partner), thereby allowing distinctive partner management strategies to be applied for each category. The model provides for the simultaneous optimization of both efficiency in its use of multi-partner and multi-dimension evaluation data, and effectiveness in dealing with the vagueness and uncertainty of linguistic commentary data. Compared to more conventional methods, the proposed model has the advantage of offering a simple classification and a stable prediction performance. The practical efficacy of the model is illustrated by an application in a listed electronic equipment and instrument manufacturing company based in southeastern China

The Encyclopedia of Neutrosophic Researchers - vol. 1

This is the first volume of the Encyclopedia of Neutrosophic Researchers, edited from materials offered by the authors who responded to the editor’s invitation. The authors are listed alphabetically. The introduction contains a short history of neutrosophics, together with links to the main papers and books. Neutrosophic set, neutrosophic logic, neutrosophic probability, neutrosophic statistics, neutrosophic measure, neutrosophic precalculus, neutrosophic calculus and so on are gaining significant attention in solving many real life problems that involve uncertainty, impreciseness, vagueness, incompleteness, inconsistent, and indeterminacy. In the past years the fields of neutrosophics have been extended and applied in various fields, such as: artificial intelligence, data mining, soft computing, decision making in incomplete / indeterminate / inconsistent information systems, image processing, computational modelling, robotics, medical diagnosis, biomedical engineering, investment problems, economic forecasting, social science, humanistic and practical achievements