Multiple Criteria Decision Making, Multiattribute Utility Theory: The Next Ten Years

Abstract

Management science and decision science have grown exponentially since midcentury. Two closely-related fields central to this growth are multiple criteria decision making (MCDM) and multiattribute utility theory (MAUT). This paper comments on the history of MCDM and MAUT and discusses topics we believe are important in their continued development and usefulness to management science over the next decade. Our aim is to identify exciting directions and promising areas for future research.decision making, multiattribute, multiple criteria

An Application of Latent Semantic Analysis for Text Categorization

“…Since previous studies, such as [10], [11] and [12], have investigated the major areas and the evolution of MCDM/MAUT before 1990s, articles published before 1985 were not included in the analysis. A total of 1515 research abstracts published in 16 refereed MCDM-related journals in the English language during the period of 1985 to February 2009 that contain key words: multiple criteria and multicriteria, were collected.…”

Assessment Model of Core Manufacturability to Promote Collaboration of Small and Medium Sized Mold Companies

“…MCDA 방법론을 활용하여 공급 신문수․이상일․류광열․주재구 Table 1. Summary of literature on supplier selection using MCDA(modified from Chan et al, 2008) 연구 방법 평가 적용 방법 출처 Review Decision variables and Supplier selection problem Dickson(1966), Weber et al(1991, 1993), De Boer(2001 Supplier selection approaches Weighted point method Timmerman(1987) Matrix approach Gregory(1986), Soukup(1987) Vendor profile approach(VPA) Thompson(1990) Analytic hierarchy process(AHP) Saaty(1980), Narasimhan(1983), Nydick and Hill(1992), Liu and Hai(2005) Goal programming Buffa and Jackson(1983), Sharma et al(1989) Multi-objective programming Ellram(1993), Feng et al(2001), Ghodsypour and O'Brien(2001) Integration of AHP and liner programming Ghodsypour and O'Brien(1998) Integration of AHP and preemptive goal programming Wang et al(2004) Multi-attribute utility approach Dyer(1992), Min(1993) Data envelopment analysis Liu et al(2000), Wu and Blackhurst(2009) Case based reasoning Choy and Lee(2002) The Role of Core Values and Concepts 기업 선정 문제를 해결하기 위해서는 1) 분석대상 공급기업, 2) 공급기업 평가 항목, 3) 평가 항목별 가중치, 4) 평가 항목별 공 급기업에 대한 평가치 산정방법, 그리고 5) 평가 항목별 평가 점수의 종합방법이 결정되어야 한다 (Kim and Wagner, 2011). Chan et al(2008)에 따르면 공급기업 선정을 위해 제시된 MCDA 방법론에는 가중요소분석법(weighted point method) (Timmerman, 1987), 성능 매트릭스 분석법(matrix approach) (Gregory, 1986;Soukup, 1987), 공급자 프로파일 분석법(vendor profile analysis; VPA) (Thompson, 1990), 계층분석법(analytic hierarchy process; AHP) (Saaty, 1980;Narasimhan, 1983;Nydick and Hill, 1992), 목적계획 법(goal programming) (Buffa and Jackson, ...…”

Reducing Risk or Increasing Profit? Provider Decisions in Agreement Networks

“…Including multiple criteria in the decision process has been subject to the field of multiple criteria decision making (MCDM) and multiattribute utility theory (MAUT) for many years. The goal of MCDM and MAUT is to aggregate decision criteria into one objective function that serves for decision making by eliciting the decision-maker's preferences for all possible actions Dyer et al (1992), Roy and Vincke (1981). With the help of the decision-maker's preferences, pareto-optimal, efficient or even ideal decisions can be derived.…”