Comparative analysis of objective techniques for criteria weighing in two MCDM methods on example of an air conditioner selection

Abstract

This paper deals with comparative analysis of two different types of objective techniques for criteria weighing: Entropy and CRITIC and two MCDM methods: MOORA and SAW on example of an air conditioner selection. We used six variants for calculation of normalized performance ratings. Results showed that the decision of the best air conditioner was basically independent of the MCDM method used, despite the applied technique for determination of criteria weights. Complete ranking within all of the combinations of methods and techniques with diverse ratio calculation variants showed that the best ranked air conditioner was A7, while the worst ones were A5 and A9. Significant positive correlation was obtained for almost all the pairs of variants in all the combinations except for the MOORA-CRITIC combination with SAW-Entropy combination to have the highest correlations between variants (p < 0.01).

An analysis of the logistics performance index of EU countries with an integrated MCDM model

“…The components of the proposed model (CRITIC and PIV methods) have been used to solve different MCDM problems. The CRITIC method has been used to solve different MCDM problems, such as material selection (Jahan, Mustapha, Sapuan, Ismail, & Bahraminasab, 2012), the evaluation of performance of logistics companies (Çakır & Perçin, 2013), the evaluation of performance of third-party logistics companies (Keshavarz Ghorabaee, Amiri, Zavadskas, & Antuchevičienė, 2017), air conditioner selection (Vujicic, Papic, & Blagojevic, 2017), and the evaluation of performance of a cargo company (Ulutaş & Karaköy, 2019). The SWARA method has been used to solve different MCDM problems such as supplier selection (Alimardani, Hashemkhani Zolfani, Aghdaie, & Tamošaitiene, 2013), packaging design selection (Stanujkic, Karabasevic, & Zavadskas, 2015), personnel selection (Heidary Dahooie, Beheshti Jazan Abadi, Vanaki, & Firoozfar, 2018) and outsourcing provider selection (Perçin, 2019).…”

A Hybrid MCDM Approach of Selecting Lightweight Cryptographic Cipher Based on ISO and NIST Lightweight Cryptography Security Requirements for Internet of Health Things

“…This method assigns weights to the criteria objectively such that without the judgements of decision makers or using pairwise comparison [66]. CRITIC method is the type of correlation method [67].…”

“…The main idea of using CRITIC method for assigning weights to criteria or requirements is, this method uses statistical techniques to validate the proposed framework empirically. Similarly, CRITIC method assigns uniform weight values to the criteria and it is based upon analytical testing of decision matrix [67]. CRITIC method also uses co-relational analysis and standard deviation for finding the contrast among all the criteria [68].…”

Use of Determination of the Importance of Criteria in Business-Friendly Certification of Cities as Sustainable Local Economic Development Planning Tool

“…Mostly used common objective methods are: entropy, CRITIC (Criteria Importance Through Inter-criteria Correlation), FANMA, data envelopment analysis (DEA), correlation analysis, regression analysis, factor analysis, etc. In literature, we can find in [7,[26][27][28][29][30][31][32][33] and [34]. The main aim of the paper [26] is one review of possible ways of objective determining of the criteria weights by the algorithms where the relative importance of criteria reflects the amount of information contained in any of them, which is associated with the contrast intensity of each criterion.…”

“…The main aim of the paper [26] is one review of possible ways of objective determining of the criteria weights by the algorithms where the relative importance of criteria reflects the amount of information contained in any of them, which is associated with the contrast intensity of each criterion. In paper [27], an analysis of several simpler methods for objective determination of the criteria weight was explained in more details using more complex CRITIC, ENTROPY, and FANMA methods with their advantages and disadvantages in comparison with subjective methods of evaluating criteria, while paper [28] deals with a comparative analysis of two different types of objective techniques for criteria weighting: Entropy and CRITIC (an article [29] considering CRITIC method in detail). In paper [30], authors deal with the entropy method, whereas in paper [31], authors have presented some models to generate the favorable weights from a pairwise comparison matrix combing AHP and DEA models.…”