THE MOMENT INTEGRATED SOLUTION METHOD IN MULTI–CRITERIA DECISION–MAKING
DOI:
https://doi.org/10.23055/ijietap.2020.27.6.6373Keywords:
The Moment Method, MCDM, Decision Making, AHP.Abstract
In this study, the aim was to develop a new method called The Moment Integrated Solution (THEMIS) method, inspired by moment as used in Physics, and is proposed to solve Multi-Criteria Decision-Making (MCDM) problems. The most important characteristic of the proposed method is based on the pairwise comparison by computing THEMIS method taking the value of [0,1]. According to THEMIS method, firstly, pairwise comparison criteria that have been evaluated by the decision-maker are computed by THEMIS, thereby creating a decision matrix that will be computed by THEMIS method. Finally, the scores of the alternatives are derived by aggregating the weights from different sets of criteria and alternatives, based on whichever best alternative is selected. To analyze the proposed method and evaluate its performance, by computing both the Analytical Hierarchy Process (AHP) and THEMIS methods, we carried out some numerical examples, such as 'a family's house buying' in the literature. The 'mobile telephone selection' problem in the literature was analyzed statistically, and the proposed method with a 5x5 matrix was simulated. THEMIS method has given better results, albeit with small differences. However, it should be noted that the improvement is not a significant percentage. It was observed that the method has the capability to accurately rank alternatives and criteria as well as AHP. It is considered that the methodological contribution of the proposed method brings a new approach to group decision-making. It can also be considered as an alternative method under MCDM.
Published
How to Cite
Issue
Section
License
The Author(s) must formally transfer each article's copyright before publication in the INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING. Such transfer enables the Journal to defend itself against plagiarism and other forms of copyright infringement. Your cooperation is appreciated.
You agree that the copyright of your article to be published in the INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING - THEORY, APPLICATIONS, AND PRACTICE is hereby transferred, throughout the World and for the full term and all extensions and renewals thereof, to INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING - THEORY, APPLICATIONS, AND PRACTICE.
The Author(s) reserve(s): (a) the trademark rights and patent rights, if any, and (b) the right to use all or part of the information contained in this article in future, non-commercial works of the Author's own, or, if the article is a "work-for-hire" and made within the scope of the Author's employment, the employer may use all or part of the information contained in this article for intra-company use, provided the usual acknowledgments are given regarding copyright notice and reference to the original publication.
The Author(s) warrant(s) that the article is Author's original work and has not been published before. If excerpts from copyrighted works are included, the Author will obtain written permission from the copyright owners and credit the article's sources.
The author also warrants that the article contains no libelous or unlawful statements and does not infringe on the rights of others. If the article was prepared jointly with other Author(s), the Author agrees to inform the co-Author(s) of the terms of the copyright transfer and to sign on their behalf; or in the case of a "work-for-hire," the employer or an authorized representative of the employer.
The journal does not provide the author copy of the final paper when it is published. The author(s) can make(s) a subscription to INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING - THEORY, APPLICATIONS, AND PRACTICE if they want to get the final paper that has already been published.
The journal is registered with the Library of Congress (ISSN # 1943-670X). All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the journal.
The author reserves patent and trademark rights and the right to use all or part of the information contained in the article in future non-commercial works.
