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- Title
Modified PROMETHEE Approach for Solving Multi-Criteria Location Problems with Complex Criteria Functions.
- Authors
MARKOVIĆ, Goran; ZDRAVKOVIĆ, Nebojša; KARAKAŠIĆ, Mirko; KOLAREVIĆ, Milan
- Abstract
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.
- Subjects
COMPLEX numbers; MEAN value theorems; CASE studies; PROBLEM solving
- Publication
Technical Gazette / Tehnički Vjesnik, 2020, Vol 27, Issue 1, p12
- ISSN
1330-3651
- Publication type
Article
- DOI
10.17559/TV-20190225151515