A COMBINED AHP-PROMETHEE APPROACH FOR PROJECT SELECTION AND A CASE STUDY IN THE TURKISH TEXTILE INDUSTRY
Journal Title: European Journal of Business and Social Sciences - Year 2018, Vol 5, Issue 1
Abstract
Project selection is an important multi-criteria decision making problem for companies. The aim of this study is to apply the project selection process in a manufacturing company in the textile industy by using analytic hierarchy process (AHP) and Preference Ranking Organization Method for Enrichment Evaluation (PROMETHEE) methods. These methods are able to integrate both quantitative and qualitative information of alternatives. By using the model proposed, the decision makers may compare all the alternative projects and select the best one which meets the expectations of the company. Although the case study deals with the project selection problem, the combination of AHP and PROMETHEE methods can be applied succcesfully to other decision problems of a company.
Authors and Affiliations
Kasım Baynal| Kocaeli University, Department of Industrial Engineering, Kocaeli, Turkey kbaynal@kocaeli.edu.tr, Tuğba Sarı| (corresponding author) İstanbul University, School of Business, İstanbul, Turkey tugbasa@gmail.com, Vedat Koçdağ| Hacettepe University, Department of Computer Engineering, Ankara, Turkey vedat.kocdag@hacettepe.edu.tr
Keywords
Related Articles
- EP ID EP10748
- DOI -
- Views 303
- Downloads 13
REGIONAL INTEGRATION AND DETERMINE THE VULNERABILITY OF CLIMATE CHANGES IN AGRICULTURE AND FOOD SECURITY IN SOUTHâ€ASIA
Continuous carbon emission and green house gas (GHG) creates vulnerable crisis of climate changes in Southâ€Asia at present and ultimate consequence in near future on food security, forestry, human health, biodivers...
APPLIED STRATEGIC INNOVATIVE ANALYSIS: THEORETICAL ASPECTS
The article considers theoretical aspects of the applied strategic innovative analysis based on the innovative balanced scorecard element to be applied in the research process of the strategic innovative organization...
DEPRESSION AND SUICIDAL ATTITUDE AMONG ADOLESCENTS IN SOME SELECTED SECONDARY SCHOOLS IN LAGOS STATE, NIGERIA
The study examined depression and suicidal attitude among adolescents in some selected secondary schools in Lagos State, Nigeria. A total number of 97 students were randomly selected from four secondary schools. The s...
THE SOUTH AFRICAN STATE OF THE NATION IN CHAOS: THE WALK FALLS SHORT OF THE TALK. GROWTH IS IN TATTERS AND THE FINANCE MINISTER FAILED TO DELIVER A CREDIBLE 2015 BUDGET ADDING TO THE MISERY OF THE PEOPLE
The paper looks at the chaos in the state of the nation address delivered by the South African State President on the 12th of February, 2015 in Parliament, in the city of Cape Town. There was chaos in Parliament which...
ANALYSIS OF PUBLIC AND PRIVATE AGENTS IN REFUSE DISPOSAL SERVICES IN URBAN TOWNS IN DELTA STATE, NIGERIA
The study was meant to analyse the impact of the new entrant (private sector) into the waste disposal industry against the conventional (public sector) in waste disposal as perceived by users as a means of advocating...