An approach to using the analytic hierarchy process for solving multiple criteria decision making problems

Bryson, Noel; Mobolurin, Ayodele

doi:10.1016/0377-2217(94)90279-8

Cited by 26 publications

(16 citation statements)

References 12 publications

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“…AHP technique requires DMs to express their preferences for attributes using crisp numbers, and calculates a weight vector that quantifies the level of importance of factors. Bryson and Mobolurin [10] however, debate that other weight vectors may exist which are slight perturbations of AHP-derived weight vectors, and could be viewed as approximately reflecting DMs' preferences. Given this, the inherent subjectivity in the DMs' level of importance for the factors cannot be represented as a single weight vector.…”

Section: Analytic Hierarchy Process and Fuzzy Logicmentioning

confidence: 97%

Novel methodologies and a comparative study for manufacturing systems performance evaluations

Göleç

Taşkın

2007

Information Sciences

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Section: Analytic Hierarchy Process and Fuzzy Logicmentioning

confidence: 97%

Novel methodologies and a comparative study for manufacturing systems performance evaluations

Göleç

Taşkın

2007

Information Sciences

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“…Application of the AHP multicriteria method (Saaty, 1980) has the following advantages; its methodology is similar to that used in common sense of decision makers, making the method easier for them to understand, it allows the assessment of both objective and subjective criteria, through the pairwise comparison of all alternatives, it relies on judgment data of experts and provides techniques that examine the consistency of the criteria weights and rankings of the alternatives (Bryson and Mobolurin, 1994;Calantone et al, 1999;Dey, 2002;Moffett and Sarkar, 2006). AHP has been used as a decision-making tool in various research fields, including project management (Al-Harbi, 2001), supply chain management (Calantone et al, 1999;Korpela et al, 2001), benchmarking of business functions (Eyrich, 1991;Korpela and Tuominen, 1996), natural resources management (Kangas and Kangas, 2005;Willett and Sharda, 1991) and investments (Jain and Nag, 1996;Levary and Wan, 1999).…”

Section: Ahp For Optimum Transcontinental Pipeline Routementioning

confidence: 99%

Optimum route of the south transcontinental gas pipeline in SE Europe using AHP

Thomaidis

Mavrakis

2006

Multi Criteria Decision Anal

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The development of a south energy corridor connecting Europe with the natural gas reserves of the broader Caspian Region and Middle East aims at increasing the EU security and diversification of energy supply.In this paper, the analytic hierarchy process (AHP) method with geopolitical, economic and technical criteria is applied to define the most preferred route of the transcontinental gas pipeline that branches in SE Europe to transport Caspian gas further into the targeted markets of Europe.The paper is divided into five sections. The first introduces the purpose of the paper. The second describes the used AHP method in detail (criteria, sub-criteria, weights, consistency indexes). The third briefly addresses the need of EU to diversify its supply sources and the planned gas projects in SE Europe. In the fourth section, the method is applied to the four alternative pipeline routes and the robustness of the results is examined with sensitivity analysis. The fifth section comments on the results of the method.

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“…For detailed reasoning of this account we refer to Lunging [5], Bryson and Mobolurin [8] and Ball et.al. [12].…”

Section: ( )mentioning

confidence: 99%

A Deliberation on Investment Decisions

Bagla¹

2017

ijsrm

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An investment is rendered with the anticipation that it will generate some legitimate income or will appreciate in the future. Apart from taxation purpose, an added enticement is to create future wealth. While making an investment, the basic criteria under consideration are returns on investment, risks associated with the investments, tenure and last but not the least is liquidity of the investment in hour of need. Broadly one can invest money in four major categories viz. fixed income schemes, market based ventures, gold purchase and property. The most felicitous investment option may be opted as per need, budget and future planning. This paper is intended to determine the aspects that an investor should keep in mind while putting in his stake. A weighing technique based on pair wise comparison matrices has been used to suggest investment ratio for middle class investors.

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An approach to using the analytic hierarchy process for solving multiple criteria decision making problems

Cited by 26 publications

References 12 publications

Novel methodologies and a comparative study for manufacturing systems performance evaluations

Novel methodologies and a comparative study for manufacturing systems performance evaluations

Optimum route of the south transcontinental gas pipeline in SE Europe using AHP

A Deliberation on Investment Decisions

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