Browsing by Publisher "Academy of Economic Studies"
Now showing items 1-20 of 26
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A comparative analysis of the rank reversal phenomenon in the EDAS and TOPSIS methods
(Economic computation and economic cybernetics studies and research, 2018)The rank reversal (RR) phenomenon could occur when new information about alternatives or criteria is added to the decision space of a discrete multi-criteria decision-making (MCDM) problem. If this addition leads to a ... -
A new approach for selecting alternatives based on the adapted weighted sum and the SWARA methods: a case of personnel selection
(Economic computation and economic cybernetics studies and research, 2017)In this manuscript, a multiple criteria decision-making approach adapted for collaborative decision-making and negotiation, based on the use of the adapted Weighted Sum and SWARA methods, is proposed. Contrary to the ... -
A new COmbinative Distance-based ASsessment (CODAS) method for multi-criteria decision-making
(Economic Computation and Economic Cybernetics Studies and Research (ECECSR), 2016)A key factor to attain success in any discipline, especially in a field which requires handling large amounts of information and knowledge, is decision making. Most real-world decision-making problems involve a great variety ... -
A new fuzzy hybrid multi-criteria decision-making approach to solve personnel assessment problems. Case study: director selection for estates and economy office
(Economic computation and economic cybernetics studies and research, 2017)Personal selection is known as one of the most important parts of human resource management. Economic performance of organisations depends on effective and proper management. Hybrid fuzy multi-criteria decision-making ... -
A new method of Assessment based on Fuzzy Ranking and Aggregated Weights (AFRAW) for MCDM problems under type-2 fuzzy environment
(Economic computation and economic cybernetics studies and research (ECECSR), 2016)Fuzzy multi-criteria decision-making (MCDM) methods and problems have increasingly been considered in the past years. Type-1 fuzzy sets are usually used by decision-makers (DMs) to express their evaluations in the process ... -
An extension of the new objective weight assessment methods CILOS and IDOCRIW to fuzzy MCDM
(Economic computation and economic cybernetics studies and research, 2020)Weights of criteria are playing a significant role in the wide range of MCDM (multiple criteria decision making) evaluation models. Results of evaluation significantly depend on magnitudes of weights as they proportionally ... -
Analysis in material selection: influence of normalization tools on COPRAS-G
(Economic computation and economic cybernetics studies and research (ECECSR), 2017)Multi criteria decision making (MCDM) methods algorithms are influenced by many parameters and variables as orientation of attributes, aggregation attitude, weights and normalization tools. Various MCDM methods find solution ... -
Application of neutrosophic set to multicriteria decision making by COPRAS
(Journal of economic computation and economic cybernetics studies and research (ECECSR), 2015)The paper presents multicriteria decision making method with single value neutrosophic sets (SVNS), namely COPRAS-SVNS. The complex proportional assessment method (COPRAS) has shown accurate results for the solution of ... -
Applications of WASPAS method as a multi-criteria decision-making tool
(Economic computation and economic cybernetics studies and research, 2015)The weighted aggregated sum product assessment (WASPAS) method is a unique combination of weighted sum model (WSM) and weighted product model (WPM). Because of its mathematical simplicity and capability to provide more ... -
Comparison of vector time series and ANN techniques for forecasting of WTI oil price
(Journal of economic computation and economic cybernetics studies and research (ECECSR), 2013)Forecasting the changes of oil prices is of critical importance for authorities and plays a significant role in the dynamic global economy. This paper employs two prediction tools, including econometric and artificial ... -
Comprehensive quantitative evaluation of the strategic potential of an enterprise
(Economic computation and economic cybernetics studies and research, 2012)The strategic potential of an enterprise (SPE) is perceived as an integral whole of interacting quantitative resources and qualitative capabilities. SPE is a complex phenomenon, demonstrating its various aspects in reality. ... -
Developing a holistic system for social assistance services based on effective and sustainable partnerships
(Administrație și management public, 2019)We live in a complex society where social assistance services should offer satisfactory solutions for a large number of problems of citizens from different states. In this context, public institutions' partnerships with ... -
Development of network-ranking model to create the best production line value chain: a case study in textile industry
(Economic computation and economic cybernetics studies and research (ECECSR), 2016)The main reason for creating value chain is fulfilling needs and organizational resources with the least cost and highest quality. Application of most of the current techniques has merely intended to choose the best scenario. ... -
Evaluation of park and ride facilities at communication corridors in a middle-sized city
(Economic computation and economic cybernetics studies and research (ECECSR), 2017)Rapid rise in car ownership in cities of Lithuania, particularly in capital Vilnius, has multiplied continuous traffic jams in the streets of the city and thus increased necessity of development of effective urban solutions ... -
From a centrally planned economy to multi-objective optimization in an enlarged project management the case of China
(Economic computation and economic cybernetics studies and research, 2011)A previously centrally planned economy like China is in search for new projects, even with competition between projects. Traditional cost-benefit does not respond to this purpose. Indeed cost-benefit is only interested in ... -
Integrated fuzzy AHP-CODAS framework for maintenance decision in urea fertilizer industry
(Economic computation and economic cybernetics studies and research, 2017)This paper proposes a novel integrated MCDM (multi-criteria decision-making) framework based on fuzzy AHP (Analytical Hierarchy Process) and a new fuzzy CODAS (Combinative Distance Based Assessment) approaches for solving ... -
Maximizing and minimizing sets in solving fuzzy linear programming
(Journal of economic computation and economic cybernetics studies and research (ECECSR), 2014)Linear programming with fuzzy information is a continuous field of researches in uncertain programming. Since the lack of a certain and deterministic solution is a natural characteristic of problems under uncertainty, ... -
MCDM methods WASPAS and MULTIMOORA: verification of robustness of methods when assessing alternative solutions
(Journal of economic computation and economic cybernetics studies and research (ECECSR), 2013)The paper employs a couple of Multiple Criteria Decision Making (MCDM) methods: innovative, newly developed WASPAS (Weighted Aggregated Sum Product ASsessment), reputed MOORA (Multiple Objective Optimisation on the basis ... -
Multicriteria decision making approach by VIKOR under interval neutrosophic set environment
(Economic computation and economic cybernetics studies and research (ECECSR), 2015)The paper presents the extension of VIKOR method for the solution of the multicriteria decision making problems, namely VIKOR - IVNS. The original VIKOR method was proposed for the solution of the decision problems with ... -
Multiple criteria assessment of elite security personal on the basis of ARAS and Expert methods
(Journal of economic computation and economic cybernetics studies and research (ECECSR), 2012)The philosophy of decision-making in personnel selection is to assess and select the most preferable solution, implement it and gain the maximum profit. Understanding of the multiple criteria method and knowledge of ...