Technology selection with both quantitative and qualitative outputs
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.

Online publication date: Mon, 01-Dec-2008

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