Comparison of Multi-Criteria Decision Making Methods Using The Same Data Standardization Method
The ranking results of the alternatives are heavily influenced by the decision making method, data normalization method, and calculation method for criterion weights. In this study, five multi-criteria decision-making methods were compared: MABAC, COCOSO, MAIRCA, VIKOR, and ROV. All of these methods...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2022-11-01
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| Series: | Journal of Mechanical Engineering |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/scjme-2022-0016 |
| _version_ | 1798013865153265664 |
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| author | Dung Hoang Tien Do Duc Trung Nguyen Van Thien |
| author_facet | Dung Hoang Tien Do Duc Trung Nguyen Van Thien |
| author_sort | Dung Hoang Tien |
| collection | DOAJ |
| description | The ranking results of the alternatives are heavily influenced by the decision making method, data normalization method, and calculation method for criterion weights. In this study, five multi-criteria decision-making methods were compared: MABAC, COCOSO, MAIRCA, VIKOR, and ROV. All of these methods use the same data normarmalization method. The weights for the criteria were determined using four methods: Equal, ROC, RS, and Entropy. In two different examples, the combination of multi-criteria decision-making methods with weighting methods for ranking alternatives is demonstrated. In each example, the number of options and the number of criteria are also different. The results in both examples show that regardless of the weighting method, multi-criteria decision-making methods always determine the same best solution. Furthermore, the direction of future research has been mentioned in the final section of this paper. |
| first_indexed | 2024-04-11T15:09:23Z |
| format | Article |
| id | doaj.art-64cda990c27d4579b0a44810f595683d |
| institution | Directory Open Access Journal |
| issn | 2450-5471 |
| language | English |
| last_indexed | 2024-04-11T15:09:23Z |
| publishDate | 2022-11-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Journal of Mechanical Engineering |
| spelling | doaj.art-64cda990c27d4579b0a44810f595683d2022-12-22T04:16:42ZengSciendoJournal of Mechanical Engineering2450-54712022-11-01722577210.2478/scjme-2022-0016Comparison of Multi-Criteria Decision Making Methods Using The Same Data Standardization MethodDung Hoang Tien0Do Duc Trung1Nguyen Van Thien2Faculty of Mechanical Engineering, Hanoi University of Industry, Hanoi-100000, VietnamFaculty of Mechanical Engineering, Hanoi University of Industry, Hanoi-100000, VietnamFaculty of Mechanical Engineering, Hanoi University of Industry, Hanoi-100000, VietnamThe ranking results of the alternatives are heavily influenced by the decision making method, data normalization method, and calculation method for criterion weights. In this study, five multi-criteria decision-making methods were compared: MABAC, COCOSO, MAIRCA, VIKOR, and ROV. All of these methods use the same data normarmalization method. The weights for the criteria were determined using four methods: Equal, ROC, RS, and Entropy. In two different examples, the combination of multi-criteria decision-making methods with weighting methods for ranking alternatives is demonstrated. In each example, the number of options and the number of criteria are also different. The results in both examples show that regardless of the weighting method, multi-criteria decision-making methods always determine the same best solution. Furthermore, the direction of future research has been mentioned in the final section of this paper.https://doi.org/10.2478/scjme-2022-0016mcdmmabaccocosomaircavikorrovdata normalization |
| spellingShingle | Dung Hoang Tien Do Duc Trung Nguyen Van Thien Comparison of Multi-Criteria Decision Making Methods Using The Same Data Standardization Method Journal of Mechanical Engineering mcdm mabac cocoso mairca vikor rov data normalization |
| title | Comparison of Multi-Criteria Decision Making Methods Using The Same Data Standardization Method |
| title_full | Comparison of Multi-Criteria Decision Making Methods Using The Same Data Standardization Method |
| title_fullStr | Comparison of Multi-Criteria Decision Making Methods Using The Same Data Standardization Method |
| title_full_unstemmed | Comparison of Multi-Criteria Decision Making Methods Using The Same Data Standardization Method |
| title_short | Comparison of Multi-Criteria Decision Making Methods Using The Same Data Standardization Method |
| title_sort | comparison of multi criteria decision making methods using the same data standardization method |
| topic | mcdm mabac cocoso mairca vikor rov data normalization |
| url | https://doi.org/10.2478/scjme-2022-0016 |
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