Supplier evaluation and selection in fuzzy environments: a review of MADM approaches

In past years, the multi-attribute decision-making (MADM) approaches have been extensively applied by researchers to the supplier evaluation and selection problem. Many of these studies were performed in an uncertain environment described by fuzzy sets. This study provides a review of applications of MADM approaches for evaluation and selection of suppliers in a fuzzy environment. To this aim, a total of 339 publications were examined, including papers in peer-reviewed journals and reputable conferences and also some book chapters over the period of 2001 to 2016. These publications were extracted from many online databases and classified in some categories and subcategories according to the MADM approaches, and then they were analysed based on the frequency of approaches, number of citations, year of publication, country of origin and publishing journals. The results of this study show that the AHP and TOPSIS methods are the most popular approaches. Moreover, China and Taiwan are the top countries in terms of number of publications and number of citations, respectively. The top three journals with highest number of publications were: Expert Systems with Applications, International Journal of Production Research and The International Journal of Advanced Manufacturing Technology

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

An overview of fuzzy multi-criteria decisionmaking methods in hospitality and tourism industries: bibliometrics, methodologies, applications and future directions

Stakeholders in hospitality and tourism industries are involved in many decision-making scenarios. Multi-criteria decision-making (MCDM) methods have been widely used in hospitality and tourism industries. Although some articles summarised the applications of MCDM models in hospitality and tourism industries, they ignored the fuzziness of individual cognition in an uncertain environment. In addition, these surveys lacked a comprehensive overview from the perspective of bibliometrics analysis and content analysis regarding the whole hospitality and tourism industries. To analyse the applications of fuzzy MCDM methods in hospitality and tourism industries and further explore future research directions, this article reviews 85 selected papers published from 1997 to 2022 regarding fuzzy MCDM models applied in hospitality and tourism industries. Through analysing the results of bibliometric analysis, methodologies and applications, we found that analytic hierarchy process (AHP) and TOPSIS methods are the most widely used MCDM methods, and tourism evaluation, hotel evaluation and selection, tourism destination evaluation and selection are the most attractive research issues in hospitality and tourism industries. Finally, future research directions are proposed from three aspects. This article provides insights for researchers and practitioners who have interest in fuzzy MCDM models in hospitality and tourism industries

Analytic hierarchy process and technique for order preference by similarity to ideal solution: a bibliometric analysis from past, present and future of AHP and TOPSIS

Previous review papers on analytic hierarchy process (AHP) and TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) mainly focused on the application areas and paid scant attention to the framework development of AHP, TOPSIS and their hybrid methods. The purpose of this paper is to review the literature on analytic hierarchy process (AHP), type of scale used in AHP, modified AHP, rank reversal problem of AHP, validation of AHP, application of AHP, TOPSIS, normalization methods for TOPSIS, distance functions for TOPSIS, fuzzy hierarchical TOPSIS, rank reversal problem of TOPSIS and various applications of TOPSIS to prepare a readymade reference for academician, research scholar and industry people. In this regard, research works are gathered from 1980 to 2013 (searched via ScienceDirect, IEEE etc) and out of which 61 research papers are critically assayed to depict the development of AHP, TOPSIS and their hybrid methods. Meaningful information and critical remarks are summarized in various tabular formats and charts to give readers easy information

Analytic hierarchy process and technique for order preference by similarity to ideal solution: a bibliometric analysis from past, present and future of AHP and TOPSIS

Previous review papers on analytic hierarchy process (AHP) and TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) mainly focused on the application areas and paid scant attention to the framework development of AHP, TOPSIS and their hybrid methods. The purpose of this paper is to review the literature on analytic hierarchy process (AHP), type of scale used in AHP, modified AHP, rank reversal problem of AHP, validation of AHP, application of AHP, TOPSIS, normalization methods for TOPSIS, distance functions for TOPSIS, fuzzy hierarchical TOPSIS, rank reversal problem of TOPSIS and various applications of TOPSIS to prepare a readymade reference for academician, research scholar and industry people. In this regard, research works are gathered from 1980 to 2013 (searched via ScienceDirect, IEEE etc) and out of which 61 research papers are critically assayed to depict the development of AHP, TOPSIS and their hybrid methods. Meaningful information and critical remarks are summarized in various tabular formats and charts to give readers easy information

A Review of Multi-Criteria Decision-Making Methods Applied to the Sustainable Bridge Design

The construction of bridges has been necessary for societies since ancient times, when the communication between and within towns, cities or communities was established. Until recently, the economic factor has been the only one considered in the decision-making of any type of construction process for bridges. However, nowadays, the objective should not be just the construction of bridges, but of sustainable bridges. Economic, social and environmental factors, which form the three pillars of sustainability, have been recently added. These three factors usually have conflicting perspectives. The decision-making process allows the conversion of a judgment into a rational procedure to reach a compromise solution. The aim of this paper is to review different methods and sustainable criteria used for decision-making at each life-cycle phase of a bridge, from design to recycling or demolition. This paper examines 77 journal articles for which different methods have been used. The most used methods are briefly described. In addition, a statistical study was carried out on the Multiple Attribute Decision-making papers reviewed.The authors acknowledge the financial support of the Spanish Ministry of Economy and Competitiveness, along with FEDER funding (BRIDLIFE Project: BIA2014-56574-R). In addition, the authors wish to thanks the comments of Dan M. Frangopol from Center for Advanced Technology for Large Structural Systems.Penadés-Plà, V.; García-Segura, T.; Martí Albiñana, JV.; Yepes, V. (2016). A Review of Multi-Criteria Decision-Making Methods Applied to the Sustainable Bridge Design. Sustainability. 8(12):1295-01-1295-21. https://doi.org/10.3390/su8121295S1295-011295-2181

Dynamics under Uncertainty: Modeling Simulation and Complexity

The dynamics of systems have proven to be very powerful tools in understanding the behavior of different natural phenomena throughout the last two centuries. However, the attributes of natural systems are observed to deviate from their classical states due to the effect of different types of uncertainties. Actually, randomness and impreciseness are the two major sources of uncertainties in natural systems. Randomness is modeled by different stochastic processes and impreciseness could be modeled by fuzzy sets, rough sets, Dempster–Shafer theory, etc

IT2-based fuzzy hybrid decision making approach to soft computing

WOS: 000459347800001This aims to evaluate the risk appetite of the financial investors in emerging economies using an integrated interval type-2 fuzzy model. For this purpose, eight different criteria are identified with the supporting literature. The interval type-2 fuzzy DEMAYEL approach is used to weight these criteria regarding the importance level. In addition, investors are classified into three different groups with respect to the risk appetite which are the aggressive/risk taker, moderate/risk neutral, and conservative/risk averse. Moreover, the interval type-2 fuzzy QUALIFLEX methodology is taken into consideration to rank these investor groups. The novelty of this paper is to propose a hybrid fuzzy decision-making approach to the investors' risk appetite based on the interval type-2 fuzzy sets. The findings show that aggressive investors play the most important role in emerging economies. Therefore, financial products, which offer high returns, should be developed to attract the attention of these aggressive investors. Owing to this aspect, it can be possible for emerging economies to improve their financial systems