Technology selection with both quantitative and qualitative outputs Online publication date: Mon, 01-Dec-2008
by A. Alinezhad, A. Makui, M. Zohrehbandian, R. Kiani Mavi
International Journal of Procurement Management (IJPM), Vol. 2, No. 1, 2009
Abstract: Technology selection is an important part of the management of technology. To select the best technologies, a practical common-weight Multi-Objective Linear Programming (MOLP) approach with an improved discriminating power is introduced. The proposed MOLP approach enables the evaluation of the relative efficiency of Decision-Making Units (DMUs) with respect to multiple exact and ordinal outputs and a single exact input. Its robustness and discriminating power are illustrated via a previously reported robot evaluation problem by comparing the ranking that is obtained by the proposed MOLP framework with that obtained by the classical Data Envelopment Analysis (DEA) model.
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