Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10005371663
Multi-Criteria Inventory Classification (MCIC) groups inventory items with respect to several criteria, in order to facilitate their management. This paper introduces a new hybrid method based on AHP and the K-means algorithm. On benchmarking data, it provides a clearly higher clustering...
Persistent link: https://www.econbiz.de/10010906474
The increasing demand on productivity and quality requires machines to be constantly available for production. It is therefore crucial to develop an adequate maintenance programme. To facilitate this, several criteria need to be considered, such as: downtime, maintenance frequency, spare parts...
Persistent link: https://www.econbiz.de/10011051832
Disasters are, by their nature, very complex phenomena. Their modelling using a systematic and logical methodology can help us identify their root causes and may facilitate in allocating appropriate resources to prevent such situations. Although techniques exist to model such phenomena, a single...
Persistent link: https://www.econbiz.de/10010959063
Analytic Hierarchy Process (AHP) is one of the most popular multi-attribute decision aid methods. However, within AHP, there are several competing preference measurement scales and aggregation techniques. In this paper, we compare these possibilities using a decision problem with an inherent...
Persistent link: https://www.econbiz.de/10008497676
In this paper, we use experimental economics methods to test how well Analytic Hierarchy Process (AHP) fares as a choice support system in a real decision problem. AHP provides a ranking that we statistically compare with three additional rankings given by the subjects in the experiment: one at...
Persistent link: https://www.econbiz.de/10008493039
Analytic Hierarchy Process (AHP) is one of the most popular multi-attribute decision aid methods. However, results depend on the preference measurement sacle and the aggregation technique used. In this paper, we describe a decision problem with an inherent trade-off between two criteria. A...
Persistent link: https://www.econbiz.de/10008852522
Persistent link: https://www.econbiz.de/10008515668