2022
DOI: 10.1016/j.dajour.2022.100077
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An integrated AHP-modified VIKOR model for financial performance modeling in retail and wholesale trade companies

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Cited by 12 publications
(2 citation statements)
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“…In recent years, MCDA techniques such as the Analytic Hierarchy Process (AHP), Analytic Network Process (ANP), Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS), Complex Proportional Assessment method (Copras), and Best Worst Multi-criteria method (BWM) have been used in different fields. Among these methods, AHP was used by most of the researchers in diverse areas, such as site selection [34], vaccine selection [35], selecting parameter-influencing testing in software development [36], and financial performance modeling in retail companies [37]. In essence, AHP makes complex problems simpler.…”
Section: Literature Reviewmentioning
confidence: 99%
“…In recent years, MCDA techniques such as the Analytic Hierarchy Process (AHP), Analytic Network Process (ANP), Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS), Complex Proportional Assessment method (Copras), and Best Worst Multi-criteria method (BWM) have been used in different fields. Among these methods, AHP was used by most of the researchers in diverse areas, such as site selection [34], vaccine selection [35], selecting parameter-influencing testing in software development [36], and financial performance modeling in retail companies [37]. In essence, AHP makes complex problems simpler.…”
Section: Literature Reviewmentioning
confidence: 99%
“…VIKOR (Vlsekriterijumska Optimizacija I Kompromisno Resenie) is a multi-attribute decision-making method proposed by Opricovic and Tzeng in 1998. The VIKOR method obtains the compromising feasible solution that is closest to the ideal solution [ 17 , 18 , 19 ]. The VIKOR method comes from the aggregation function in L p -metric: where The VIKOR method not only overcomes the conflict of attributes and realizes mutual concessions between attributes, but it also maximizes the majority effect and minimizes individual objections.…”
Section: Calculation Process Of the Variable-weight Fuzzy Vikor Modelmentioning
confidence: 99%