Developing aMulti Criteria Model for Stochastic IT Portfolio Selection by AHP Method

Rahmani, Nooshin; Talebpour, Alireza; Ahmadi, Taher

doi:10.1016/j.sbspro.2012.09.177

Cited by 14 publications

(11 citation statements)

References 4 publications

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“…[29,36,41,45] Financial status Financial status such as the assets, liabilities, or liquidity that can be used to support the activity in developing the alternative technology [30,38,46,47] Initial Investment The cost of adjusting or establishing machinery, equipment, or the set-up process when starting the alternative technology for food packaging. [31,34,42,45,48] Price of product The suitable price of the new packaging that customers are willing to pay. [44, 46 -48] Payback period Time to get a return on investment in terms of cash.…”

Section: Financial and Economicalmentioning

confidence: 99%

“…[30, 33,34,38,39,42,43,[45][46][47][48][49] Human heath Impact Human heath impact that may have been caused by the usage or development of the alternative technology [39,45,46] Image / Reputation The image of the product derived from the alternative technology is appropriate and consistent with the needs or social situation.…”

Section: Strategy Social and Environmentmentioning

confidence: 99%

See 1 more Smart Citation

Identification and Validation of Decision Factors for Selecting Smart Food Packaging Technology: A Case of Thailand’s Food Industry

Komonwatthanapong¹,

Manuspiya²,

Chandrachai³

et al. 2019

TOPSYJ

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Background:The growing urban lifestyle of consumers in Thailand has been driving demand for packaged convenience food. New trends in packaging technologiese.g.smart packaging, active technology, RFID.,etc.can be used as a business tool for a competitive advantage in the food industry to comply with consumer lifestyles.Aims:This paper aims to identify and validate the decision factors for selecting new trends of food packaging technology to support the food packaging industry in Thailand in producer firms’ viewpoints. Firstly, the author reviewed the literature to find out general factors in selecting any technologies to set guideline for design questions in questionnaires about decision factors in selecting food packaging. Secondly, the questionnaires were distributed to 40 representatives of food packaging firms in Thailand to find out their decision factors concerned. By the facts that the development of new trends of packaging in Thailand is mostly driven by only large firms. Hence, thirdly, the author performed in-depth interviews with executives in 8 leading and top largest food firms in Thailand to confirm that advanced packaging technology whether has opportunities of growth in the food industry in Thailand or not.Results:Respondents from food packaging firms in Thailand expressed their interests in four areas in selecting new technology of packaging, including (1) the technology aspect, (2) marketing and business competition aspect, (3) financial and economical aspect, and (4) strategy, society and environment aspect.Conclusion:A lack of raw materials and local technology still make the cost prohibitive to boom the advanced packing.

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Section: Financial and Economicalmentioning

confidence: 99%

Section: Strategy Social and Environmentmentioning

confidence: 99%

Identification and Validation of Decision Factors for Selecting Smart Food Packaging Technology: A Case of Thailand’s Food Industry

Komonwatthanapong¹,

Manuspiya²,

Chandrachai³

et al. 2019

TOPSYJ

View full text Add to dashboard Cite

show abstract

“…Different kinds of operation research and decisionmaking with multiple criteria have also been used in dealing with the project portfolio selection. Rahmani et al have employed a hybrid method of the scenario-oriented approach based AHP and binary model in selecting IT project portfolio [12]. Amiri has used the hybrid model of AHP and TOPSIS to select the project portfolio.…”

Section: Literaturesmentioning

confidence: 99%

A Hybrid Grey Based KOHONEN Model and Biogeography-Based Optimization for Project Portfolio Selection

Razi¹,

Eshlaghy²,

Nazemi³

et al. 2014

Journal of Applied Mathematics

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The problem of selection and the best option are the main subject of operation research science in decision-making theory. Selection is a process that scrutinizes and investigates several quantitative and qualitative, and most often incompatible, factors. One of the most fundamental management issues in multicriteria selection literature is the multicriteria adoption of the projects portfolio. In such decision-making condition, manager is seeking for the best combination to build up a portfolio among the existing projects. In the present paper, KOHONEN algorithm was first employed to build up a portfolio of the projects. Next, each portfolio was evaluated using grey relational analysis (GRA) and then scheduled risk of the project was predicted using Mamdani fuzzy inference method. Finally, the multiobjective biogeography-based optimization algorithm was utilized for drawing risk and rank Pareto analysis. A case study is used concurrently to show the efficiency of the proposed model.

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“…Finally, they selected the projects of high priority. Rahmani et al (2012) used analytic network process (ANP) (Saaty, 2013) and TOPSIS in a fuzzy environment for selecting and prioritizing of oil and gas projects. First, their considered criteria were weighted by the analytic network process and then, the projects were prioritized by the fuzzy TOPSIS.…”

Section: Introductionmentioning

confidence: 99%

A hybrid lexicographic and VIKOR approach for prioritizing construction projects by considering sustainable development criteria

Jalilibal¹,

Bozorgi-Amiri²,

Khosravi³

2018

10.5267/j.jpm

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Nowadays, one of the challenges in the organizations according to budget limitations in the companies, is how to prioritize their project portfolios in the events of their strategies. In other words, organizations are seeking to allocate resources in order to gain the maximum profit according to budget limitations. In this article, a hybrid decision making method is used to prioritize construction project portfolio by considering sustainability criteria. First, Lexicographic method is applied to weight the sustainability criteria. Then, by considering the weights derived from the Lexicographic and sustainability criteria, projects are prioritized based on VIKOR method. The proposed method of this study is applied for a case study of projects in the refinery scope.

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Developing aMulti Criteria Model for Stochastic IT Portfolio Selection by AHP Method

Cited by 14 publications

References 4 publications

Identification and Validation of Decision Factors for Selecting Smart Food Packaging Technology: A Case of Thailand’s Food Industry

Identification and Validation of Decision Factors for Selecting Smart Food Packaging Technology: A Case of Thailand’s Food Industry

A Hybrid Grey Based KOHONEN Model and Biogeography-Based Optimization for Project Portfolio Selection

A hybrid lexicographic and VIKOR approach for prioritizing construction projects by considering sustainable development criteria

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