Adjusted permutation method for multiple attribute decision making with meta-heuristic solution approaches

Abstract

The permutation method of multiple attribute decision making has two significant deficiencies: high computational time and wrong priority output in some problem instances. In this paper, a novel permutation method called adjusted permutation method (APM) is proposed to compensate deficiencies of conventional permutation method. We propose Tabu search (TS) and particle swarm optimization (PSO) to find suitable solutions at a reasonable computational time for large problem instances. The proposed method is examined using some numerical examples to evaluate the performance of the proposed method. The preliminary results show that both approaches provide competent solutions in relatively reasonable amounts of time while TS performs better to solve APM.