Multiple criteria decision-making KEMIRA-M method for solution of location alternatives

Journal Title: Economic Research-Ekonomska Istraživanja - Year 2016, Vol 29, Issue 1

Abstract

Choice of location in many cases is a key factor setting up a new business object. In this article the KEMIRA-M method is proposed to establish priority of criteria and determine criteria weights. Weighted sum of criteria values was applied for ranking the alternatives. This technique is useful if the evaluation criteria naturally consist of several logically explained groups of criteria. Method requires much less initial information and is based upon searching the solution of optimisation problem. KEMIRA-M is applied for the case study of construction site for non-hazardous waste incineration plant in Vilnius City.

Authors and Affiliations

Aleksandras Krylovas, Edmundas Kazimieras Zavadskas, Natalja Kosareva

Keywords

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  • EP ID EP201462
  • DOI 10.1080/1331677X.2016.1152560
  • Views 65
  • Downloads 0

How To Cite

Aleksandras Krylovas, Edmundas Kazimieras Zavadskas, Natalja Kosareva (2016). Multiple criteria decision-making KEMIRA-M method for solution of location alternatives. Economic Research-Ekonomska Istraživanja, 29(1), 50-65. https://europub.co.uk/articles/-A-201462