Novel Methods in Multiple Criteria Decision-Making Process (MCRAT and RAPS)—Application in the Mining Industry

Abstract

Multiple criteria decision making (MCDM) is a supporting tool which is widely spread in different areas of science and industry. Many researchers have confirmed that MCDM methods can be useful for selecting the best solution in many different problems. In this paper, two novel methods are presented and applied on existing decision-making processes in the mining industry. The first method is multiple criteria ranking by alternative trace (MCRAT) and the second is ranking alternatives by perimeter similarity (RAPS). These two novel methods are demonstrated in decision-making problems and compared with the ranking of the same alternatives by other MCDM methods. The mining process often includes drilling and blasting operations as the most common activities for exploitation of raw materials. For optimal blasting design it is important to select the most suitable parameters for the blasting pattern and respect characteristics of the working environment and production conditions. By applying novel methods, how to successfully select the most proper blasting pattern respecting all conditions that must be satisfied for economic aspects and the safety of employees and the environment is presented.

Fuzzy Ensemble of Multi-Criteria Decision Making Methods for Heating Energy Transition in Danish Households

“…It selects the alternative with the shortest distance from the positive ideal solution and the longest distance from the negative ideal solution [20]. Even though TOPSIS can completely use allocated information, it does not contain the consideration toward correlations between attributes, and a strong deviation of indicators in the ideal solution might influence the results significantly [26]. Vise Kriterijumska Optimizacija Kompromisno Resenje (VIKOR) has the advantage of maximizing "group utility" for the "majority" and minimizing individual regret for the "opponent" [27].…”

“…Through a proximity analysis of the ideal solution, VIKOR can develop a ranking with several, usually conflicting alternative criteria [20]. However, VIKOR requires initial weights and quantitative information to work with [26]. This paper focuses on these two ideal solution-based methods with the combination of objective weighting and normalization.…”

Two New Approaches (RAMS‐RATMI) in Multi‐Criteria Decision‐Making Tactics

“…MCDM was firstly introduced and become evident in the early eighteenth century, and the decisionmaking systems have been advancing to take the modern shape in the early 1970s by Howard Raiffa [4]. Despite the fact that the MCDM concept has roots in the eighteenth century, and possibly even before, however, the most widely MCDM methods that are now used are ÉLimination et Choix Traduisant la REalité (ELECTRE), the analytic hierarchy process (AHP), the technique for order of preference by similarity to ideal solution (TOPSIS), and preference ranking organization method for enrichment evaluations (PRO-METHEE) [5]. Numerous observed case studies indicate that selecting the appropriate MCDM method for a given problem is a recurring issue because of the large number of MCDM methods available.…”

“…Numerous observed case studies indicate that selecting the appropriate MCDM method for a given problem is a recurring issue because of the large number of MCDM methods available. Methods can be selected according to how they fit a specific situation; there are no good or bad methods [5,6].…”

“…In the past decade, there has been slow progress in developing new methodologies in MCDM [5]. One aspect to help explain the slow progress is the degree of stakeholder involvement.…”