Evaluation of the alternatives of introducing electric vehicles in developing countries using Type-2 neutrosophic numbers based RAFSI model

Gökaşar, Ilgın; Deveci, Muhammet; Işık, Mehtap; Daim, Tuğrul U.; Zaidan, A. A.; Smarandache, Florentín

doi:10.1016/j.techfore.2023.122589

Cited by 15 publications

(2 citation statements)

References 66 publications

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“…A significant number of MCDM methods have been exploited, proving their efficacy in solving practical problems [78,79,80]. Among these methods, a new MCDM approach called Ranking of Alternatives through Functional Mapping of Criterion Sub-intervals into a Single Interval (RAFSI) has emerged [81,82,83]. RAFSI approach is notable for its utilization of straightforward mathematical formulations, facilitating its practical implementation in intricate problem-solving contexts.…”

Section: Discussionmentioning

confidence: 99%

Benchmarking Methodology of Banks Based on Financial Sustainability Using CRITIC and RAFSI Techniques

Ali,

Hussain,

Alnoor

et al. 2023

Decis. Mak. Appl. Manag. Eng.

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This study aims to determine the influence of financial risks on the financial sustainability of Iraq banks, in contrast considering the moderator role of financial expertise and the risk of directors’ riskiest directorships. Moreover, the investment attractiveness has also been accounted for specifying the mediating impact between the moderator variables and financial sustainability. Robust random effect model was employed to investigate the determinants of financial sustainability for the listed banks on the Iraqi stock trade and the Iraqi financial marketplace. In addition, multicriteria decision-making techniques were utilized to rank the banks from the best to worst based on financial sustainability. This study has examined 19 Iraqi banks over 14 years from 2007 to 2020 (266 observations), during the development of the Iraqi corporate governance cod. The findings indicate that financial risk has a negative influence on the financial sustainability of Iraq. Furthermore, the link between financial risks and financial sustainability is fully mediated by investment attractiveness. In this context, financial expertise and the relinquishing of directors’ riskiest directorships have an interactive role in the link among investment attractiveness and financial sustainability indicators. Multi-criteria decision making (MCDM) results revealed that the best bank in terms of financial sustainability is BTRI and the worst bank is BNOR. The findings enable managers to develop strategies to mitigate financial risk in phases and prepare for future unpredicted risks. Hence, the results provided an insight to practitioners regarding the best banks in terms of financial sustainability in order to invest and deal with them.

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Section: Discussionmentioning

confidence: 99%

Benchmarking Methodology of Banks Based on Financial Sustainability Using CRITIC and RAFSI Techniques

Ali,

Hussain,

Alnoor

et al. 2023

Decis. Mak. Appl. Manag. Eng.

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“…However, due to the wide variety of available options, lack of user experience and knowledge, and constant development of information technology, the process of selecting the most suitable OSS-LMS has become increasingly complex (Jadav and Sonar, 2011;Zaidan et al, 2015). Since multi-criteria decision-making (MCDM) methods have wide range of applications (Ulutas et al, 2021;Semenas et al, 2021;Filip, 2021;Krishankumar et al, 2021;Ivanović et al, 2022;Deveci et al, 2022;Hezam et al, 2023a;Deveci et al, 2023;Gökmener et al, 2023;Gokasar et al, 2023aGokasar et al, , 2023bPetrovas et al, 2023), MCDM methods can be used to assess and select the best OSS-LMS package by taking into account multiple conflicting criteria. MCDM methods consider multiple criteria and weigh their relative importance to arrive at a decision that best aligns with the organization's goals and objectives.…”

Section: Introductionmentioning

confidence: 99%

An Intuitionistic Fuzzy Consensus WASPAS Method for Assessment of Open-Source Software Learning Management Systems

Deb,

Bhattacharya,

Chatterjee

et al. 2023

Informatica

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Ineffective evaluation of open-source software learning management system (OSS-LMS) packages can negatively impact organizational effectiveness. Clients may struggle to select the best OSS-LMS package from a wide range of options, leading to a complex multi-criteria group decision-making (MCGDM) problem. This evaluates OSS-LMS packages based on several criteria like usability, functionality, e-learning standards, reliability, activity tracking, course development, assessment, backup and recovery, error reporting, efficiency, operating system compatibility, computer-managed instruction, authentication, authorization, troubleshooting, maintenance, upgrading, and scalability. Handling uncertain data is a vital aspect of OSS-LMS package evaluation. To tackle MCGDM issues, this study presents a consensus weighted sum product (c-WASPAS) method which is applied to an educational OSS-LMS package selection problem to evaluate four OSS-LMS packages, namely ATutor, eFront, Moodle, and Sakai. The findings indicate that the priority order of alternatives is Moodle > Sakai > eFront > ATutor and, therefore, MOODLE is the best OSS-LMS package for the case study. A sensitivity analysis of criteria weights is also conducted, as well as a comparative study, to demonstrate the effectiveness of the proposed method. It is essential to note that proper OSS-LMS package evaluation is crucial to avoid negative impacts on organizational performance. By addressing MCGDM issues and dealing with uncertain information, the c-WASPAS method presented in this study can assist clients in selecting the most appropriate OSS-LMS package from multiple alternatives. The findings of this study can benefit educational institutions and other organizations that rely on OSS-LMS packages to run their operations.

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Enhanced TODIM based on VIKOR method for multi-attribute decision making with Type-2 neutrosophic number and applications to green supplier selection

Wang

Cai

2023

Soft Comput

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Evaluation of the alternatives of introducing electric vehicles in developing countries using Type-2 neutrosophic numbers based RAFSI model

Cited by 15 publications

References 66 publications

Benchmarking Methodology of Banks Based on Financial Sustainability Using CRITIC and RAFSI Techniques

Benchmarking Methodology of Banks Based on Financial Sustainability Using CRITIC and RAFSI Techniques

An Intuitionistic Fuzzy Consensus WASPAS Method for Assessment of Open-Source Software Learning Management Systems

Enhanced TODIM based on VIKOR method for multi-attribute decision making with Type-2 neutrosophic number and applications to green supplier selection

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