Multi-Criteria Decision Making with the VIKOR and SMARTER Methods for Optimal Seller Selection from Several E-Marketplaces

Arif, Miftahul; Suseno, Jatmiko Endro; Isnanto, R. Rizal

doi:10.1051/e3sconf/202020214002

Cited by 17 publications

(11 citation statements)

References 21 publications

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“…The e-marketplace selection problem is a MCDM problem. To solve this problem, some MCDM techniques are used; for example, AHP (Hidayat et al, 2021), fuzzy AHP (Büyüközkan, 2004;Ozkok and Pappalardo, 2013), modified Hesitant Fuzzy AHP (Kahraman et al, 2018), fuzzy AHP and VIKOR (Wibowo and Yunianto, 2019), fuzzy AHP and fuzzy MOORA (Yuianto and Wibowo, 2020), extended TOPSIS (Duan et al, 2010), VIKOR and SMARTER (Arif et al, 2020), VIKOR and Rank Order Centroid (Lubis et al, 2022). This study is one of the first studies to use the integrated neutrosophic AHP and EDAS methods to evaluate e-marketplaces.…”

Section: Discussionmentioning

confidence: 99%

“…He found that buyers prefer high-display-price vendors with many reviews over low-displayprice sellers with few reviews. Arif et al (2020) prioritized the goods sellers alternatives in an e-marketplace by combining the VIKOR with the SMARTER methods using five selection criteria which are product price, number of products sold, seller score rating, number of reviews with five stars, and location distance. Yuianto and Wibowo (2020) described the e-marketplace selection approach using fuzzy AHP and the fuzzy MOORA approach in the alternative assessment and the fuzzy AHP method to weight the criteria Kumar et al (2021) aimed to determine registered vendors'/sellers' experiences with online marketplaces.…”

Section: [Value] [Value] [Value] [Value] [Value] [Value] [Value] [Val...mentioning

confidence: 99%

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Selecting the Suitable E-Commerce Marketplace With Neutrosophic Fuzzy Ahp and Edas Methods From Seller's Perspective in the Context of Covid-19

Akman¹,

Boyacı²,

Kurnaz³

2022

IJAHP

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E-commerce, which is defined as making commercial transactions in electronic environment, is becoming widespread day by day with the increase in the use of internet and mobile devices. Especially with the effect of COVID-19, the consumption habits of individuals have changed greatly, increasing the interest in electronic sales channels. Regardless of big or small, most companies and retailers are looking for ways to address their customers through electronic channels due to the effect of COVID-19. In this process, the rapidly increasing trend of electronic commerce raises one of the important issues of companies, "In which e-marketplace should we sell?”. Based on this issue, in this study, five criteria that are important in choosing the right e-marketplace were determined and eight online alternative e-marketplaces were evaluated. In the study carried out by using neutrosophic fuzzy AHP and EDAS methods, which are multi-criteria decision making techniques, a framework has been established for choosing the right e-commerce marketplace for sellers.

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Section: Discussionmentioning

confidence: 99%

Section: [Value] [Value] [Value] [Value] [Value] [Value] [Value] [Val...mentioning

confidence: 99%

Selecting the Suitable E-Commerce Marketplace With Neutrosophic Fuzzy Ahp and Edas Methods From Seller's Perspective in the Context of Covid-19

Akman¹,

Boyacı²,

Kurnaz³

2022

IJAHP

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“…The first step is to define the criteria and create the matrix (Arif et al, 2020) as Equation (9):

{X}_{{ij}}=\left[\begin{array}{ccc}{X}_{11} & {X}_{22}\text{\unicode{x02026}} & {X}_{1n}\\ {X}_{21} & {X}_{22}\text{\unicode{x02026}} & {X}_{2n}\\ {X}_{m1} & {X}_{m2}\text{\unicode{x02026}} & {X}_{{mn}}\end{array}\right].

…”

Section: Methodsmentioning

confidence: 99%

Comparative applicability of MCDM‐SWOT based techniques for developing integrated watershed management framework

Khiavi

Vafakhah

Sadeghi

2023

Natural Resource Modeling

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Environmental planning facilitates decision‐making to achieve sustainable development goals and provides a crucial way to achieve integrated watershed management (IWM). However, such systematic planning has not been adequately conducted worldwide. Therefore, this study was conducted to develop an IWM framework using SWOT (i.e., strengths, weaknesses, opportunities, and threats) model for the Cheshmeh–Kileh Watershed, Mazandaran Province, Iran. The input components were comparatively weighted using different multicriteria decision‐making (MCDM) techniques, including Game Theory Algorithm (GTA), Best–Worst Method (BWM), VIekriterijumsko KOmpromisno Rangiranje (VIKOR), Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS), and Simple Additive Weighting (SAW). Semistructured interviews with stakeholders, including watershed residents, executive experts, and policymakers, were used to identify the SWOT factors. The number of interviewees in subgroups of local users, policy‐making institutions and executive organization were 75, 13, and 6 respectively. Five different MCDM techniques were then used to calculate the overall weight of SWOT factors. According to the results, the groups of SWOT factors of abundant water resources, severe floods, promotion of environmental conservation culture, and increasing migration of young age groups with respective weights of 0.298, 0.298, 0.372, and 0.279 scored higher than other factors. Based on the overall weights, it can be said that positive factors scored more points than negative factors. Therefore, according to the opinions of the stakeholders, the Cheshmeh–Kileh Watershed was in a good condition based on strengths and opportunities compared to weaknesses and threats, and for this reason, GTA and SAW, which had included the watershed status in the growth and development strategy, were selected as the best method. BWM and TOPSIS provided relatively acceptable results, and the weakest result was associated with VIKOR, which showed the watershed status in the defensive strategy. The present study results can help managers in optimal decisions for planning and optimal management in the Cheshmeh–Kileh Watershed to create ecological balance and increase the welfare of watershed residents.

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“…There are several such approaches which have been proposed by various authors. This work has utilized TOPSIS and VIKOR methods [4][5][6][7][8][9].…”

Section: Decision Making Approachesmentioning

confidence: 99%

“…The VIKOR (Vlekriterijumska Optimizacija I Kompromisno Resenje) algorithm is a multi-criteria decisionmaking method used to solve decision problems involving multiple conflicting criteria or objectives [4]. It's commonly applied in situations where you need to make a choice among several alternatives, and each alternative is evaluated based on multiple criteria, which may have different levels of importance or priority [5]. TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution) is a multi-criteria decision-making technique that helps choose the best option from a list of alternatives by taking into account a variety of factors [6].…”

Section: Introductionmentioning

confidence: 99%

Optimization of responses in single and multi-point machining processes using Dragon-fly algorithm coupled with TOPSIS and VIKOR decision-making approaches

Ramena,

Arun Vikram,

Maruvada

et al. 2024

Eng. Res. Express

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Due to complex production practices, it is becoming crucial to provide greater thermal management and friction reduction in manufacturing processes. Lubricants play a crucial role by effectively reducing friction, minimizing wear and tear thereby extending the lifespan of the tool. It is observed that there is a shortage of studies associated with the machining of hard materials like Ti-6Al-4V. The present work has therefore focused on the machining of high-grade Titanium alloy under dry and Neem oil aerosol-mist spray wet conditions. The machining is performed on two kinds of machining processes, such as plain facing with single point tool and co-axial turn-mill facing with multi-point cutting tools on computer numerical controlled Turn-mill machine tool. Furthermore, there are very few articles reported on usage of Neem oil (AzadirachtaIndicaL.) as a lubricant. This has motivated the authors to use Neem oil in a mist condition to minimize the quantity of coolant, without compromising on the tool temperature, surface quality, and tool-wear. The responses obtained are subjected to regression analysis to evolve the fitness functions. Multi-objective optimization of these functions is than adopted using Dragon-fly algorithm (MODA) under the constraints of the machining parameters. A set of Pareto optimal solutions for each of the machining cases are obtained and are further evaluated using TOPSIS and VIKOR decision-making approaches to achieve the optimal values of the cutting parameters. The optimum parameters for single point cutting under wet conditions were observed as speed (592 rpm), feed (0.058 mm/rev) and depth of cut (1.00 mm).The corresponding values of responses were tool temperature (37.05 oC), surface roughness (0.128 μm) and tool wear (155.19 μm). The equivalent values for multi-point cutting were determined as 510 rpm, 0.086 mm/rev and 0.25 mm. The responses for these optimal conditions are 32.17 oC, 0.725 μm and 45.72 μm in that order.

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Multi-Criteria Decision Making with the VIKOR and SMARTER Methods for Optimal Seller Selection from Several E-Marketplaces

Cited by 17 publications

References 21 publications

Selecting the Suitable E-Commerce Marketplace With Neutrosophic Fuzzy Ahp and Edas Methods From Seller's Perspective in the Context of Covid-19

Selecting the Suitable E-Commerce Marketplace With Neutrosophic Fuzzy Ahp and Edas Methods From Seller's Perspective in the Context of Covid-19

Comparative applicability of MCDM‐SWOT based techniques for developing integrated watershed management framework

Optimization of responses in single and multi-point machining processes using Dragon-fly algorithm coupled with TOPSIS and VIKOR decision-making approaches

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