Applying new hybrid method of analytical hierarchy process, Monte Carlo Simulation and PROMETHEE to prioritize and selecting appropriate target market

Making decision to choose the appropriate target market is one of the key decisions in the success of firms, which has direct effect in the amount of their profits. The aim of this paper is to introduce and use of new hybrid method of AHP, Monte Carlo simulation and PROMETHEE to prioritize cities to...

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Main Authors: Amir Kariznoee, Zahra Naji-Azimi, Alireza Pooya
Format: Article
Language:fas
Published: University of Isfahan 2015-06-01
Series:تحقیقات بازار یابی نوین
Subjects:
Online Access:http://uijs.ui.ac.ir/nmrj/browse.php?a_code=A-10-1805-1&slc_lang=en&sid=1
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author Amir Kariznoee
Zahra Naji-Azimi
Alireza Pooya
author_facet Amir Kariznoee
Zahra Naji-Azimi
Alireza Pooya
author_sort Amir Kariznoee
collection DOAJ
description Making decision to choose the appropriate target market is one of the key decisions in the success of firms, which has direct effect in the amount of their profits. The aim of this paper is to introduce and use of new hybrid method of AHP, Monte Carlo simulation and PROMETHEE to prioritize cities to establish retailers, considering different indices. The problem of this study is related to a factory, constructing premade pieces of buildings, that to introduce and distribute its new products is searching the new retailers in different cities. To prioritize cities, with the interview with experts and the studying of the previous works the indices have been determined and the hierarchy pattern has been made. Then using the hybrid method of AHP and Monte Carlo simulation the weights of the indices have been determined and then using PROMETHEE method the best city has been chosen and the other ones have been prioritized. From the benefits of the new introduced hybrid method with respect to other ways of selecting target markets is decreasing the risk and increasing the power of decision making.
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spelling doaj.art-88c35faa677944089669357e5e8d81cc2023-09-03T09:28:55ZfasUniversity of Isfahanتحقیقات بازار یابی نوین2228-77442015-06-015189106Applying new hybrid method of analytical hierarchy process, Monte Carlo Simulation and PROMETHEE to prioritize and selecting appropriate target marketAmir Kariznoee0Zahra Naji-Azimi1Alireza Pooya2 Making decision to choose the appropriate target market is one of the key decisions in the success of firms, which has direct effect in the amount of their profits. The aim of this paper is to introduce and use of new hybrid method of AHP, Monte Carlo simulation and PROMETHEE to prioritize cities to establish retailers, considering different indices. The problem of this study is related to a factory, constructing premade pieces of buildings, that to introduce and distribute its new products is searching the new retailers in different cities. To prioritize cities, with the interview with experts and the studying of the previous works the indices have been determined and the hierarchy pattern has been made. Then using the hybrid method of AHP and Monte Carlo simulation the weights of the indices have been determined and then using PROMETHEE method the best city has been chosen and the other ones have been prioritized. From the benefits of the new introduced hybrid method with respect to other ways of selecting target markets is decreasing the risk and increasing the power of decision making.http://uijs.ui.ac.ir/nmrj/browse.php?a_code=A-10-1805-1&slc_lang=en&sid=1Target selection AHP Monte Carlo Simulation PROMETHEE Hybrid methods
spellingShingle Amir Kariznoee
Zahra Naji-Azimi
Alireza Pooya
Applying new hybrid method of analytical hierarchy process, Monte Carlo Simulation and PROMETHEE to prioritize and selecting appropriate target market
تحقیقات بازار یابی نوین
Target selection
AHP
Monte Carlo Simulation
PROMETHEE
Hybrid methods
title Applying new hybrid method of analytical hierarchy process, Monte Carlo Simulation and PROMETHEE to prioritize and selecting appropriate target market
title_full Applying new hybrid method of analytical hierarchy process, Monte Carlo Simulation and PROMETHEE to prioritize and selecting appropriate target market
title_fullStr Applying new hybrid method of analytical hierarchy process, Monte Carlo Simulation and PROMETHEE to prioritize and selecting appropriate target market
title_full_unstemmed Applying new hybrid method of analytical hierarchy process, Monte Carlo Simulation and PROMETHEE to prioritize and selecting appropriate target market
title_short Applying new hybrid method of analytical hierarchy process, Monte Carlo Simulation and PROMETHEE to prioritize and selecting appropriate target market
title_sort applying new hybrid method of analytical hierarchy process monte carlo simulation and promethee to prioritize and selecting appropriate target market
topic Target selection
AHP
Monte Carlo Simulation
PROMETHEE
Hybrid methods
url http://uijs.ui.ac.ir/nmrj/browse.php?a_code=A-10-1805-1&slc_lang=en&sid=1
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