Search results for "multicriteria decision-making"
showing 2 items of 2 documents
Complementary Judgment Matrix Method with Imprecise Information for Multicriteria Decision-Making
2018
The complementary judgment matrix (CJM) method is an MCDA (multicriteria decision aiding) method based on pairwise comparisons. As in AHP, the decision-maker (DM) can specify his/her preferences using pairwise comparisons, both between different criteria and between different alternatives with respect to each criterion. The DM specifies his/her preferences by allocating two nonnegative comparison values so that their sum is 1. We measure and pinpoint possible inconsistency by inconsistency errors. We also compare the consistency of CJM and AHP trough simulation. Because preference judgments are always more or less imprecise or uncertain, we introduce a way to represent the uncertainty throu…
Practitioners’ Perceptions of Co-Product Allocation Methods in Biorefinery Development—A Case Study of the Austrian Pulp and Paper Indust…
2022
The utilization of coproducts is a strategy that can be applied to increase the economic and environmental performance of industrial processes and thus reach an objective targeted in several environmental policies. In multi-output production processes, allocation needs to be performed to assess the products’ environmental and economic performance. It is crucial to choose an adequate allocation method, because this choice has been shown to strongly influence overall outcomes. Consequently, rash choices can lead to poor decision-making. Various ways to apply and combine allocation methods can be found in the academic literature, but it is often difficult to find sufficient guidance on how to …