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Open AccessJournal ArticleDOI

Multiple criteria decision-making techniques and their applications – a review of the literature from 2000 to 2014

TLDR
The results of this study indicated that in 2013 scholars have published articles more than in other years, and energy, environment and sustainability were ranked as the first areas that have applied MCDM techniques and approaches.
Abstract
Multiple criteria decision-making (MCDM) is considered as a complex decision-making (DM) tool involving both quantitative and qualitative factors. In recent years, several MCDM techniques and approaches have been suggested to choosing the optimal probable options. The purpose of this article is to systematically review the applications and methodologies of the MCDM techniques and approaches. This study reviewed a total of 393 articles published from 2000 to 2014 in more than 120 peer reviewed journals (extracted from Web of Science). According to experts’ opinion, these articles were grouped into 15 fields. Furthermore, these articles were categorised based on authors, publication date, name of journals, methods, tools, and type of research (MCDM utilising research, MCDM developing research, and MCDM proposing research). The results of this study indicated that in 2013 scholars have published articles more than in other years. In addition, the analytic hierarchy process (AHP) method in the individual tool...

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Journal ArticleDOI

Sustainable supplier selection in healthcare industries using a new MCDM method: Measurement of alternatives and ranking according to COmpromise solution (MARCOS)

TL;DR: A new Measurement of Alternatives and Ranking according to COmpromise Solution (MARCOS) method for a sustainable supplier selection in the healthcare industry (in a polyclinic) in Bosnia and Herzegovina is developed and shows that A2 remains the best alternative.
Journal ArticleDOI

DEMATEL Technique: A Systematic Review of the State-of-the-Art Literature on Methodologies and Applications

TL;DR: Decision making trial and evaluation laboratory (DEMATEL) is considered as an effective method for the identification of cause-effect chain components of a complex system as discussed by the authors, which deals with evaluating interdependent relationships among factors and finding the critical ones through a visual structural model.
Journal ArticleDOI

A Combined Compromise Solution (CoCoSo) method for multi-criteria decision-making problems

TL;DR: In this article, a combined compromise decision-making algorithm with the aid of some aggregation strategies is presented. And the authors have considered a distance measure, which originates from grey relational coefficient and targets to enhance the flexibility of the results.
Journal ArticleDOI

VIKOR Technique: A Systematic Review of the State of the Art Literature on Methodologies and Applications

TL;DR: A systematic review of the VlseKriterijuska Optimizacija I Komoromisno Resenje (VIKOR) method in several application areas such as sustainability and renewable energy is presented in this article.
Journal ArticleDOI

A review of multi-criteria decision-making applications to solve energy management problems: Two decades from 1995 to 2015

TL;DR: In this article, the authors provide a review on the application and use of decision making approaches in regard to energy management problems, from 1995 to 2015 in 72 important journals, which chosen from the Web of Science database and in this regard, the systematic and meta-analysis method called PRISMA has been proposed.
References
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Journal ArticleDOI

Measuring the efficiency of decision making units

TL;DR: A nonlinear (nonconvex) programming model provides a new definition of efficiency for use in evaluating activities of not-for-profit entities participating in public programs and methods for objectively determining weights by reference to the observational data for the multiple outputs and multiple inputs that characterize such programs.
Book

Decisions with Multiple Objectives: Preferences and Value Trade-Offs

TL;DR: In this article, a confused decision maker, who wishes to make a reasonable and responsible choice among alternatives, can systematically probe his true feelings in order to make those critically important, vexing trade-offs between incommensurable objectives.
Book

Multiple Attribute Decision Making: Methods and Applications

TL;DR: In this paper, the authors present a classification of MADM methods by data type and propose a ranking method based on the degree of similarity of the MADM method to the original MADM algorithm.
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