Multiple attribute decision making (MADM) based scenarios
Decision making takes into account a myriad of factors about the future topics, which often prove challenging and quite complicated. Multiple Attribute Decision-Making (MADM) methods still have not become powerful enough to help decision makers to adopt the best solutions regarding future issues. Di...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2016-04-01
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| Series: | International Journal of Strategic Property Management |
| Subjects: | |
| Online Access: | https://journals.vgtu.lt/index.php/IJSPM/article/view/2073 |
| _version_ | 1818386812784082944 |
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| author | Sarfaraz Hashemkhani Zolfani Reza Maknoon Edmundas Kazimieras Zavadskas |
| author_facet | Sarfaraz Hashemkhani Zolfani Reza Maknoon Edmundas Kazimieras Zavadskas |
| author_sort | Sarfaraz Hashemkhani Zolfani |
| collection | DOAJ |
| description | Decision making takes into account a myriad of factors about the future topics, which often prove challenging and quite complicated. Multiple Attribute Decision-Making (MADM) methods still have not become powerful enough to help decision makers to adopt the best solutions regarding future issues. Different scenarios are suitable for developing an appropriate outlook toward different probable futures. Scenarios are not inherently quantitative, but recently different integrated quantitative methods have been incorporated with the processes in various studies. Previously, different types of scenario-based MADM methods have been presented in different studies, but they just considered each case separately. In those studies, MADM methods were only applied to evaluate the situation in scenario-based MADM. This research concentrates on another paradigm in applying scenarios to upcoming events, MADM methods in the new area are explored, and the concept, which is called MADM based scenarios, is presented. In different situations and scenarios, different MADM models will happen. New concepts about most useful criterion and applicable alternatives are introduced in this new approach for decision-making about the future. In addition, a general framework is proposed for applying MADM-based scenarios for unpredictable scenarios and situations, which can be almost controlled future in practice. |
| first_indexed | 2024-12-14T04:00:00Z |
| format | Article |
| id | doaj.art-aee83602e4c444519a58046d48aa5468 |
| institution | Directory Open Access Journal |
| issn | 1648-715X 1648-9179 |
| language | English |
| last_indexed | 2024-12-14T04:00:00Z |
| publishDate | 2016-04-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | International Journal of Strategic Property Management |
| spelling | doaj.art-aee83602e4c444519a58046d48aa54682022-12-21T23:17:58ZengVilnius Gediminas Technical UniversityInternational Journal of Strategic Property Management1648-715X1648-91792016-04-0120110.3846/1648715X.2015.1132487Multiple attribute decision making (MADM) based scenariosSarfaraz Hashemkhani Zolfani0Reza Maknoon1Edmundas Kazimieras Zavadskas2Technology Foresight Group, Department of Management, Science and Technology, Amirkabir University of Technology (Tehran Polytechnic), P.O. Box 1585-4413, Tehran, IranTechnology Foresight Group, Department of Management, Science and Technology, Amirkabir University of Technology (Tehran Polytechnic), P.O. Box 1585-4413, Tehran, IranResearch Institute of Smart Building Technologies, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, LithuaniaDecision making takes into account a myriad of factors about the future topics, which often prove challenging and quite complicated. Multiple Attribute Decision-Making (MADM) methods still have not become powerful enough to help decision makers to adopt the best solutions regarding future issues. Different scenarios are suitable for developing an appropriate outlook toward different probable futures. Scenarios are not inherently quantitative, but recently different integrated quantitative methods have been incorporated with the processes in various studies. Previously, different types of scenario-based MADM methods have been presented in different studies, but they just considered each case separately. In those studies, MADM methods were only applied to evaluate the situation in scenario-based MADM. This research concentrates on another paradigm in applying scenarios to upcoming events, MADM methods in the new area are explored, and the concept, which is called MADM based scenarios, is presented. In different situations and scenarios, different MADM models will happen. New concepts about most useful criterion and applicable alternatives are introduced in this new approach for decision-making about the future. In addition, a general framework is proposed for applying MADM-based scenarios for unpredictable scenarios and situations, which can be almost controlled future in practice.https://journals.vgtu.lt/index.php/IJSPM/article/view/2073Multiple Attribute Decision Making (MADM)Scenario planningMADM based scenariosfutureThe most useful criterionThe most applicable alternative |
| spellingShingle | Sarfaraz Hashemkhani Zolfani Reza Maknoon Edmundas Kazimieras Zavadskas Multiple attribute decision making (MADM) based scenarios International Journal of Strategic Property Management Multiple Attribute Decision Making (MADM) Scenario planning MADM based scenarios future The most useful criterion The most applicable alternative |
| title | Multiple attribute decision making (MADM) based scenarios |
| title_full | Multiple attribute decision making (MADM) based scenarios |
| title_fullStr | Multiple attribute decision making (MADM) based scenarios |
| title_full_unstemmed | Multiple attribute decision making (MADM) based scenarios |
| title_short | Multiple attribute decision making (MADM) based scenarios |
| title_sort | multiple attribute decision making madm based scenarios |
| topic | Multiple Attribute Decision Making (MADM) Scenario planning MADM based scenarios future The most useful criterion The most applicable alternative |
| url | https://journals.vgtu.lt/index.php/IJSPM/article/view/2073 |
| work_keys_str_mv | AT sarfarazhashemkhanizolfani multipleattributedecisionmakingmadmbasedscenarios AT rezamaknoon multipleattributedecisionmakingmadmbasedscenarios AT edmundaskazimieraszavadskas multipleattributedecisionmakingmadmbasedscenarios |