An extension of compromise ranking method with interval numbers for the evaluation of renewable energy sources
Evaluating and prioritizing appropriate renewable energy sources is inevitably a complex decision process. Various information and conflicting attributes should be taken into account. For this purpose, multi-attribute decision making (MADM) methods can assist managers or decision makers in formulati...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Growing Science
2014-06-01
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| Series: | Management Science Letters |
| Subjects: | |
| Online Access: | http://www.growingscience.com/msl/Vol4/msl_2014_150.pdf |
| Summary: | Evaluating and prioritizing appropriate renewable energy sources is inevitably a complex decision process. Various information and conflicting attributes should be taken into account. For this purpose, multi-attribute decision making (MADM) methods can assist managers or decision makers in formulating renewable energy sources priorities by considering important objective and attributes. In this paper, a new extension of compromise ranking method with interval numbers is presented for the prioritization of renewable energy sources that is based on the performance similarity of alternatives to ideal solutions. To demonstrate the applicability of the proposed decision method, an application example is provided and the computational results are analyzed. Results illustrate that the presented method is viable in solving the evaluation and prioritization problem of renewable energy sources. |
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| ISSN: | 1923-2934 1923-9343 |