Technology choice using FHDM: a case of iron-making technology

Prabhu, T. Ramsha; Vizayakumar, K.

doi:10.1109/17.922479

Cited by 25 publications

(6 citation statements)

References 15 publications

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“…However, the application of traditional AHP to evaluate alternative IT/IS projects has some limitations (Prabhu and Vizayakumar, 2001). These include: (1) AHP uses crisp values to score alternatives.…”

Section: Limitations Of Ahpmentioning

confidence: 99%

Evaluating IT/IS investments: A fuzzy multi-criteria decision model approach

Chou

Tzeng

2006

European Journal of Operational Research

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Section: Limitations Of Ahpmentioning

confidence: 99%

Evaluating IT/IS investments: A fuzzy multi-criteria decision model approach

Chou

Tzeng

2006

European Journal of Operational Research

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“…In the past years, the approaches based on fuzzy theory have been much applied for multi-criteria decision-making problems (WANG, 2005), especially in the technology attractiveness assessment which is under uncertainty situation in real-world cases. Prabhu and Vizayakumar (2001) Another method that enables the mathematical analysis and evaluation of systems with uncertain information is the grey systems theory which is explained in section 5.…”

Section: Independent Journal Of Management and Production (Ijmandp)mentioning

confidence: 99%

Utilization of grey madm methodology in technology attractiveness assessment: a case study in upstream industry

Dabbaghi¹

2020

Ind. Jour. Manag. & Prod.

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Technology assessment help managers to accomplish an overall evaluation of technologic options and to identify investment priorities. Making such priority has become of great importance owing to ever-increasing costs of technological research and development and resource scarcity. Technology Attractiveness Assessment, as a primary step of Technology assessment process, has been considered in this paper. Based on the multi-criteria decision-making approach and because of the inherent uncertainty in the preference information on attributes, a Grey-MADM based methodology has been utilized in this paper to assess the technology attractiveness and rank the upstream industry technological options. Its application to a real case problem has been described step by step. The results of the case study showed that "Nano Coating for Drilling Tools", "Petroleum Systems Model Building" and "Integrated Asset Modelling" are the most attractive upstream technologies.

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“…Optimum solution according to both these parameters could be found only after formation of the complex factor that includes both mentioned parameters [2][3][4]. Ifthere is no such (complex) factor, then the optimization is carried out only according to one of the said parameters: either looking for the chain with the biggest existence factor lls (disregarding a length of the chain (price)); or the chain length (price) is minimized, disregarding the existence factor lls of this chain.…”

Section: Fuzzy Algorithm For the Determination Of The Shortest Chainmentioning

confidence: 99%

The Application of a Fuzzy Algorithm for the Determination of the Shortest Chain to Correct Disorganized Train Traffic

Stadalius

Bagdonas

2003

Transport

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The problem of the correction of the disorganized train traffic schedule is analyzed (aiming to minimize general costs related to the expenditure of energy and time wasted by people and equipment). Disorganized a train traffic is named an event when you should insert one more train route in the already created train traffic schedule. This problem can be solved applying the algorithms for the search of the shortest chain The fuzzy algorithm for the determination of the shortest chain, the key operators and their specific features are also analyzed.

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Technology choice using FHDM: a case of iron-making technology

Cited by 25 publications

References 15 publications

Evaluating IT/IS investments: A fuzzy multi-criteria decision model approach

Evaluating IT/IS investments: A fuzzy multi-criteria decision model approach

Utilization of grey madm methodology in technology attractiveness assessment: a case study in upstream industry

The Application of a Fuzzy Algorithm for the Determination of the Shortest Chain to Correct Disorganized Train Traffic

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