Combining Different McDm Methods With the Copeland Method: An Investigation on Motorcycle Selection

Özdağoğlu, Aşkın; Keleş, Murat Kemal; Altınata, Anıl; Ulutaş, Alptekin

doi:10.5937/jpmnt9-34120

Cited by 10 publications

(4 citation statements)

References 6 publications

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“…Furthermore, it is possible to perform comparative analysis using various decision-making environments such as Fermatean fuzzy, spherical fuzzy and hesitant fuzzy. Besides, various techniques such as COPRAS (Özdağoğlu et al 2021 ), PIPRECIA-S (Aytekin 2022b ), CoCoSo (Popovic 2021 ) can be utilized. Furthermore, the methodology proposed in the study is expected to be applicable to problems in different fields.…”

Section: Discussionmentioning

confidence: 99%

Agile supply chain management based on critical success factors and most ideal risk reduction strategy in the era of industry 4.0: application to plastic industry

et al. 2023

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In the global trade economy, the degree of competition and differentiation among organizations working in the sector of Supply Chain Management (SCM) is expanding gradually. For companies, SCM operations are becoming more important than manufacturing, sales, and marketing activities, and new ways and methods are preferred for efficiency and performance. The agility (or agility phenomenon) is one of the applications that aids effective SCM operations in this context. Agile Supply Chain Management (ASCM) and the emergence of Industry 4.0 practices, in addition to offering a cost advantage and business performance improvement, are crucial in providing flexibility to companies and ensuring their survival in the era of Industry 4.0. Meanwhile, companies aim to deal with uncertainty and implement various risk-reduction strategies as part of effective SCM. In this context, the study lists the critical success factors of ASCM and selects the most appropriate risk reduction strategy for companies that manufacture and market rubber and plastic products with a corporate identity and conduct import and export business in Istanbul. For this purpose, the criteria and alternatives specified in accordance with the literature review and experts’ opinions are examined using Bipolar Neutrosophic Stepwise Weight Assessment Ratio Analysis (BN-SWARA) and Bipolar Neutrosophic Technique for Order of Preference by Similarity to Ideal Solution (BN-TOPSIS) methods. The ranking results are then discussed in line with the practical implications to provide managerial insights and decision aids. Finally, the main limitations are expressed in order to delineate useful future research directions.

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Section: Discussionmentioning

confidence: 99%

Agile supply chain management based on critical success factors and most ideal risk reduction strategy in the era of industry 4.0: application to plastic industry

et al. 2023

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“…Consideration of the problem of decision-making in the presence of a number of influential factors has become an extremely important area. Methods, techniques, approaches that belong to the field of multicriteria decision making (MCDM) (Alosta et al 2021;Yildirim et al 2022;Pamučar and Savin, 2020) become very popular and applicable in all fields of both science and profession (Mahmutagić et al 2021;Karagoz et al 2021;Stanujkić et al 2021;Švadlenka et al 2020;Shekhovtsov et al 2021;Özdağoğlu et al 2021). They have practically become an indispensable tool for efficient management of any system, thanks to their very flexible performance If we add to that the possibility of making decisions in different conditions of uncertainty Mishra et al 2021;Bausys et al 2021;Stanujkić et al 2021) then it is clear why this is one of the most developed areas of operational research in the last 10-15 years.…”

Section: Introductionmentioning

confidence: 99%

A Novel IMF SWARA-FDWGA-PESTEL Analysis For Assessment Of Healthcare System

Vojinović

Stević

Tanackov

2022

Oper. Res. Eng. Sci. Theor. Appl.

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Decision-making represents a very popular field with many developed approaches. However, still exists the need for the creation of novel integrated models such as well is the case in this paper. The novel integrated Improved Fuzzy Stepwise Weight Assessment Ratio Analysis (IMF SWARA) method, Fuzzy Dombi weighted geometric averaging (FDWGA) operator and PESTEL (P-Political, E-Economic, S-Social, T-Technological, E-Environmental, L-Legal) model has been developed. Five decision-makers (DMs) have evaluated six main elements of the PESTEL analysis and 30 elements more (five for each group). In total, we have created 35 models based on the developed model. Results of PESTEL analysis based on IMF SWARA method and FDWGA shows that legal and economic factors represent the most significant parameters, while last placed belong environmental group. Also, the usefulness of the developed integrated model has been demonstrated.

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“…MCDM methods have been used to solve many different decision-making problems, such as e-Learning website selection (Khan, Ansari, Siddiquee, & Khan, 2019), warehouse location selection (Ocampo et al, 2020), motorcycle selection (Özdağoğlu, Keleş, Altınata, & Ulutaş, 2021), personnel selection (Popović, 2021), hotel selection (Peng, Wang, & Wang, 2021), and pandemic hospital site selection (Boyacı & Şişman, 2022). In this study, the pallet truck, which is one of the Material Handling Equipment, will be selected.…”

Section: Introductionmentioning

confidence: 99%

Pallet truck selection with MEREC and WISP-S methods

Ulutaş¹,

Stanujkić²,

Karabašević³

et al. 2022

Strategic Management

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Background: The article presents an MCDM model based on the MEREC and WISPS methods for pallet truck selection. Purpose: The main purpose of the study was to apply a new MCDM model for pallet truck selection in the textile workshop. Study design/methodology/approach: This article presents a simplified adoption of the Simple Weighted Sum Product (WISP) method, the Simplified WISP (WISP-S) method. The proposed method has fewer computation steps than the regular WISP method. In addition, this study proposes a new hybrid MCDM model in the literature by combining the MEREC method and the WISPS method. Finding/conclusions: The obtained results can be achieved in a shorter time compared to regular WISP. The application of the new method is considered in this study. In order to check whether the WISPS method achieves accurate results, the results of the WISPS method and the results of the ROV and WASPAS methods were compared. As a result of the comparison of the results of the methods, it was observed that the WISPS method achieved accurate results. Limitations/future research: As a direction for future research, other MCDM models can be applied for solving the same problem. When it comes to the limitations of the proposed model, it can be mentioned that the MCDM model is based on the use of crisp numbers.

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Combining Different McDm Methods With the Copeland Method: An Investigation on Motorcycle Selection

Cited by 10 publications

References 6 publications

Agile supply chain management based on critical success factors and most ideal risk reduction strategy in the era of industry 4.0: application to plastic industry

Agile supply chain management based on critical success factors and most ideal risk reduction strategy in the era of industry 4.0: application to plastic industry

A Novel IMF SWARA-FDWGA-PESTEL Analysis For Assessment Of Healthcare System

Pallet truck selection with MEREC and WISP-S methods

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