Multi-method and multi-criteria decision analysis of objects in a computerized decision support system
Journal Title: Operations Research and Decisions - Year 2017, Vol 27, Issue 3
Abstract
A multimethod approach to the multicriteria analysis and assessment of objects (rankings, grouping, econometric assessments) have been presented. This issue is a field of research and engineering associated with the construction and application of a computerized decision support system (DSS 2.0). In terms of the proposed approach, the functionality of the developed prototype has been illustrated based on a practical example of the assessment of employees and the analysis of remuneration. The Electre TRI method of grouping derived from a relational model complements ranking methods well (e.g., AHP) based on the functional model. Grouping reveals cases, where all or the vast majority of objects in a ranking were clustered within one class (e.g., in the best or the worst one).
Authors and Affiliations
Jarosław BECKER, Aneta BECKER, Ryszard BUDZIŃSKI
Solving some deterministic finite horizon inventory models
Two single-item, deterministic, continuous, finite horizon inventory models having no shortage have been considered. A demand rate function, which is relatively general, for the item has been assumed. In the first model,...
Credit risk mangement in finance - a review of various approaches
Classification of customers of banks and financial institutions is an important task in today’s business world. Reducing the number of loans granted to companies of questionable credibility can positively influence banks...
Probabilistic models for analyzing the availability and profit of a deteriorating 2-out-of-4 system
This paper deals with modelling and evaluating the availability and profit of a linear consecutive 2-out-of-4 system exposed to three consecutive stages of deterioration before failure. The system will pass through three...
Internal determinants of firms’ innovativeness
This article presents an analysis of the determinants of a firm’s innovativeness deriving from its internal potential and characteristics. The analysis is based on research carried out on 1355 firms that applied for publ...
The present value of a portfolio of assets with present values determined by trapezoidal ordered fuzzy numbers
We consider the obvious thesis that the present value of a portfolio is equal to the sum of the present values of its components. The main goal of this paper is the implementation of this thesis in the case when present...