Modified PROMETHEE Approach for Solving Multi-Criteria Location Problems with Complex Criteria Functions
The specific problem that occurs in multi-criteria decision-making (MCDM) processes is ranking a number of alternatives using complex criteria functions (the hierarchical structure of criteria) whose values must consider the impacts of all-important characteristics and parameters of alternatives. Th...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Faculty of Mechanical Engineering in Slavonski Brod, Faculty of Electrical Engineering in Osijek, Faculty of Civil Engineering in Osijek
2020-01-01
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Series: | Tehnički Vjesnik |
Subjects: | |
Online Access: | https://hrcak.srce.hr/file/340368 |
Summary: | The specific problem that occurs in multi-criteria decision-making (MCDM) processes is ranking a number of alternatives using complex criteria functions (the hierarchical structure of criteria) whose values must consider the impacts of all-important characteristics and parameters of alternatives. The problem becomes more complex by increasing the number of levels of sub-criteria functions (degree of decomposition). This paper proposes an extended procedure based on the mean values conversion of the net outranking flow of sub-criterion functions obtained by modified PROMETHEE methods. The actual value of criterion functions is used only at the last level, and transformed values of the net outranking flow for generating a final rank of alternatives are introduced at other levels. This procedure provides a more objective comparison of the impact of various individual criteria to rank the alternatives and easier making of unique solution, where the impact of decision-maker (DM) experience and subjective estimation is minimised in the selection. Applicability and practicability of the presented procedure for solving the selection problem of a logistics warehouse location are demonstrated in the analysis of a case study example. |
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ISSN: | 1330-3651 1848-6339 |