International Journal of Management and Decision Making
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International Journal of Management and Decision Making (5 papers in press)
An integrated MILP-MCDM decision framework for uncertain multi-criteria facilities location problem of glass industries by Sadegh Niroomand, Nahid Kohansal, Arash Bazyar, Fereshteh Daneshdoost Abstract: In existence of interval-valued parameters and managerial limitations, MCDM problems become more complex than their classical versions. In such cases, the classical MCDM techniques are not quite useful solution tools. This study focuses on a MCDM problem to establish the branches of a glass production company in all districts of Iran in existence of interval-valued parameters and managerial limitations. To overcome the above-mentioned difficulties, a typical decision framework is proposed. In the proposed framework, first, an interval Shannon's entropy approach is proposed to find interval criteria weights. Then a full interval TOPSIS approach is proposed to score the potential locations. Finally, using the obtained scores, a mixed integer linear programming model is developed to respect the constraints and find an optimised set of potential locations for the new branches. The proposed decision framework is validated by the real data of the case study and its sensitivity is studied in detail. Keywords: TOPSIS method; Shannons entropy; interval number; multi-criteria decision making; case study; managerial decisions. DOI: 10.1504/IJMDM.2020.10023761
Decision Making Models and Tools: A Critical Study by Srikanta Patnaik, Suprava Devi, Mitali Madhusmita Nayak Abstract: The important process for any business organisation is decision-making, which need resources. The process of making decision is fundamental and vital for any business organisation. This paper includes various decision-making models and its techniques in details along with its suitability. The significance of this study is to choose the appropriate and correct model for business. The paper proposes that a particular decision-making model becomes a suitable tool for decision makers under fluctuating conditions and time stress. When the parameter of the environment changes, the model has to be chosen accordingly. We also discuss the phases of the decision-making which includes distinct techniques to support each stage of the decision-making process to interpret the business thoughts into a noticeable, transmissible structure. This paper includes the performance measurement that provides benchmarks about optimum performance by the system and it can help to make better decisions, meet the challenges, and achieve the missions under the specific decision-making frameworks. Keywords: Decision making models; decision making process; tools and methods of decision making; phases of decision making. DOI: 10.1504/IJMDM.2020.10023842
A new DEA ranking system based on interval Cross Efficiency and interval Analytic Hierarchy Process methods by Dariush Akbarian Abstract: The aim of this paper is to present a novel approach for ranking all decision maker units (DMUs) using interval cross-efficiency (ICE) and interval analytic hierarchy process (IAHP) methods. This approach includes two basic stages. In the first stage, the interval cross-efficiency values of each DMU are specified using DEA models. In the second stage, the interval pairwise comparison matrix generated in the first stage is utilised to rank the units (DMUs) via the one step process of interval AHP (i.e., the AHP model with interval decision maker judgements). Two numerical examples are presented in this paper and the present approach is compared with some other approaches. Keywords: Data envelopment analysis; Interval Analytical Hierarchy Process; Interval Cross efficiency; Ranking. DOI: 10.1504/IJMDM.2020.10023972
A Network-Based Solution for the Fair Student-to-School Allocation by Khodakaram Salimifard, Sara Bigharaz Abstract: This paper presents a mathematical model for planning in public schools, considering the satisfaction of the total demand for education, fair students access to schools, and the total travel distance. Given a set of schools, the aim of the model is to find an optimal allocation of students such that school should is available to each group of students. The model includes information about geographical prioritised access zones which should be covered by each school. The objective function essentially seeks to minimise the total distance travelled by students. We propose a multi-commodity programming model for solving this problem. The model is used to analyse the effects of different allocation policies on the fairness of student allocation to schools. Results show that a fair distribution of students of each social class to each school is obtained, while the total distance being travelled is minimised. Keywords: student-to-school allocation; multi-commodity network flow; MCNF; geographical prioritisation; integer programming. DOI: 10.1504/IJMDM.2020.10024622
A market selection approach for dairy companies by Shervin Zakeri, Naoufel Cheikhrouhou, Mohammad Reza Rostamian Delavar Abstract: This paper addresses the development of a multi-criteria decision making (MCDM) procedure including a pattern extraction from success and failure of current market introduction to generate a logical framework for target market selection. In addition of covering the gap of comprehensive research in Iran's domestic dairy market, using combined MCDM methods and grey systems, the main problem this paper tries to solve is the selection of a target market which covers not only the limitations of the company's current markets but also possesses their advantages. A real-world implementation of the approach is done within a dairy company located in Iran. Considering Tehran, the North, Khuzestan, and West Azerbaijan as the current market, and also Mashhad, Isfahan, Shiraz, and Tabriz as the potential market, Shiraz selected as the best target market through analysis of various criteria. Results show that considering current markets has a big influence on the market ranking procedure. Keywords: Market selection; Dairy market; Multi-criteria decision-making; Iranian dairy markets. DOI: 10.1504/IJMDM.2020.10024632