Search results

1 – 10 of over 5000
Article
Publication date: 14 September 2010

Stelios Grafakos, Alexandros Flamos, Vlasis Oikonomou and Dimitrios Zevgolis

Evaluation of energy and climate policy interactions is a complex issue, whereas stakeholders' preferences incorporation has not been addressed systematically. The purpose of this…

1567

Abstract

Purpose

Evaluation of energy and climate policy interactions is a complex issue, whereas stakeholders' preferences incorporation has not been addressed systematically. The purpose of this paper is to present an integrated weighting methodology that has been developed in order to incorporate weighting preferences into an ex ante evaluation of climate and energy policy interactions.

Design/methodology/approach

A multi‐criteria analysis (MCA) weighting methodology which combines pair‐wise comparisons and ratio importance weighting methods has been elaborated. It initially introduces the users to the evaluation process through a warming up holistic approach for an initial rank of the criteria and then facilitates them to express their ratio relative importance in pair‐wise comparisons of criteria by providing them an interactive mean with verbal, numerical and visual representation of their preferences. Moreover, it provides a ranking consistency test where users can see the degree of (in)consistency of their preferences.

Findings

Stakeholders and experts in the energy policy field who tested the methodology stated their approval and satisfaction for the combination of both ranking and pair‐wise comparison techniques, since it allows the gradual approach to the evaluation problem. In addition, main difficulties in MCA weights elicitation processes were overcome.

Research limitations/implications

The methodology is tested by a small sample of stakeholders, whereas a larger sample, a broader range of stakeholders and applications on different climate policy evaluation cases merit further research.

Originality/value

The novel aspect of the developed methodology consists of the combination of ranking and pair‐wise comparison techniques for the elicitation of stakeholders' preferences.

Details

International Journal of Energy Sector Management, vol. 4 no. 3
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 8 March 2013

Omkarprasad Vaidya and Manoj Hudnurkar

Understanding the significance of supply chain, demands need of multiple criteria for its performance evaluation. The aim of this paper is to propose an approach to evaluate the…

2307

Abstract

Purpose

Understanding the significance of supply chain, demands need of multiple criteria for its performance evaluation. The aim of this paper is to propose an approach to evaluate the performance of supply chain using multiple criteria.

Design/methodology/approach

A multi‐criteria decision making tool, like analytic hierarchy process is used to develop an eight step methodology for performance evaluation. The proposed methodology is also elucidated with an illustration and a case from Indian chemical company.

Findings

Supply chain performance number is computed, suggesting the present performance status of the supply chain. The methodology also helps rank the various links according to its performance. The analysis leads in computation of supply chain performance number (SCPN): the value lies between 0 and 1.

Research limitations/implications

The methodology can be suitably modified to accommodate any number of criteria and supply links, given the structure of the supply chain.

Practical implications

A case from an Indian chemical industry is presented in this paper. The findings of which, are encouraging and have benefited the practicing mangers in various ways.

Originality/value

This paper presents a unique approach for supply chain performance evaluation considering multiple criteria, with a flexibility to modify and analyze using the available data sets.

Details

International Journal of Productivity and Performance Management, vol. 62 no. 3
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 12 April 2018

Cihan Çetinkaya, Mehmet Kabak, Mehmet Erbaş and Eren Özceylan

The aim of this study is to evaluate the potential geographic locations for ecotourism activities and to select the best one among alternatives.

Abstract

Purpose

The aim of this study is to evaluate the potential geographic locations for ecotourism activities and to select the best one among alternatives.

Design/methodology/approach

The proposed model consists of four sequential phases. In the first phase, different geographic criteria are determined based on existing literature, and data are gathered using GIS. On equal criteria weighing, alternative locations are determined using GIS in the second phase. In the third phase, the identified criteria are weighted using analytical hierarchy process (AHP) by various stakeholders of potential ecotourism sites. In the fourth phase, the PROMETHEE method is applied to determine the best alternative based on the weighted criteria.

Findings

A framework including four sequential steps is proposed. Using real data from the Black Sea region in Turkey, the authors test the applicability of the evaluation approach and compare the best alternative obtained by the proposed method for nine cities in the region. Consequently, west of Sinop, east of Artvin and south of the Black Sea region are determined as very suitable locations for ecotourism.

Research limitations/implications

The first limitation of the study is considered the number of included criteria. Another limitation is the use of deterministic parameters that do not cope with uncertainty. Further research can be conducted for determining the optimum locations for different types of tourism, e.g. religion tourism, hunting tourism and golf tourism, for effective tourism planning.

Practical implications

The proposed approach can be applied to all area that cover the considered criteria. The approach has been tested in the Black Sea region (nine cities) in Turkey.

Social implications

Using the proposed approach, decision-makers can determine locations where environmentally responsible travel to natural areas to enjoy and appreciate nature that promotes conservation have a low visitor impact and provide for beneficially active socioeconomic involvement of local individuals.

Originality/value

To the best knowledge of the authors, this is the first study which applies a GIS-based multi-criteria decision-making approach for ecotourism site selection.

Details

Kybernetes, vol. 47 no. 8
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 13 May 2020

Leonardo Ensslin, Clarissa Carneiro Mussi, Sandra Rolim Ensslin, Ademar Dutra and Lydia Pereira Bez Fontana

The purpose of this paper is to support the management of organizational knowledge retention through a multi-criteria decision aiding–constructivist model.

1307

Abstract

Purpose

The purpose of this paper is to support the management of organizational knowledge retention through a multi-criteria decision aiding–constructivist model.

Design/methodology/approach

This exploratory and descriptive case study presents a decision support model guided by the constructivist approach and proactive in its operationalization.

Findings

The objectives and concerns of decision-makers regarding the retention of organizational knowledge are identified and organized into six strategic areas of concern, namely, recognition, knowledge dissemination, organizational culture, succession of professionals, management of vulnerability origins and knowledge management; a multi-criteria model is constructed and operationalized by a cluster of cardinal scales, showing and measuring the status quo of the performance profile, both in a local and global way, to support the management of the organization's knowledge retention; activities are classified into three performance levels (compromising, competitive and excellent), supported by graphical and numerical evidence; and the process to generate actions to improve the performance of critical activities and create the conditions to maximize the results of the organization is illustrated.

Practical implications

Based on the model, decision-makers are now aware of the essential aspects to support knowledge retention management, enabling them to monitor the current situation and proactively respond to ensure that the current knowledge potential is maintained and exploited.

Originality/value

Use of a constructivist approach to support the management of knowledge retention, incorporating into the model the specifics of the context and the values of its managers, and thus giving it legitimacy.

Details

Journal of Knowledge Management, vol. 24 no. 5
Type: Research Article
ISSN: 1367-3270

Keywords

Article
Publication date: 28 October 2013

Elena Beauchamp-Akatova and Richard Curran

The aim of this research is to provide an approach for modeling system risk management and to develop an analytic hierarchy process (AHP)-based model for simulating decisions on…

5061

Abstract

Purpose

The aim of this research is to provide an approach for modeling system risk management and to develop an analytic hierarchy process (AHP)-based model for simulating decisions on introducing innovations in air transport systems.

Design/methodology/approach

The paper proposes AHP and analytic network process (ANP) methodologies for overcoming fragmentation in risk assessments perceived by risk, budget, quality or schedule managements, and for resolving potential conflicts between safety, efficiency and well-being.

Findings

Issues in system risk evaluation and management were identified and transferred to a list of requirements. A generic ANP-based model for system risk management was developed as well as a template for capture of knowledge on risks, including expert knowledge, and for implementation of a new decision-making process as applied to introducing innovation(s).

Research limitations/implications

Since this research addresses evaluation and management of non-event based risks due to innovations in air transport systems, further analysis and re-evaluation of risks is required during and after the implementation in order to provide continuously dynamic representation of system risk.

Practical implications

The results of this study contribute to the development and implementation of a usable version of multi-criteria decision analysis at senior management level. Further, it stimulates mechanism for learning and trade-offs between various stakeholders.

Originality/value

This work is original in that it is cross-disciplinary (e.g. risk management, management of innovation, systems design). It addresses the issue of integrating a safety management system with an overall business management system. Also, it introduces qualitative non-event risk assessments into system risk management. In addition to the use of the AHP-model for system risk management, an implementation model (“risk stakeholder model”) is also developed.

Details

Journal of Modelling in Management, vol. 8 no. 3
Type: Research Article
ISSN: 1746-5664

Keywords

Book part
Publication date: 12 April 2012

Patrick T. Hester and Thomas J. Meyers

Historically, public and private sector enterprises have been viewed as existing on opposing ends of the performance measurement spectrum, due to seemingly incompatible…

Abstract

Historically, public and private sector enterprises have been viewed as existing on opposing ends of the performance measurement spectrum, due to seemingly incompatible worldviews. Private sector enterprises are traditionally viewed as profit-driven and focused on a return on investment paradigm, while public sector enterprises are seen as mission-oriented and answerable to a paradigm less focused on investment and more on improving enterprise capability. The authors propose that, in fact, these worldviews are not mutually exclusive, as private and public sector enterprises must both account for investment and mission concerns. In order to leverage real synergy to be gained from distinct but complementary viewpoints, a systemic approach to evaluating organization performance through the novel fusion of operational test and evaluation and multi-criteria decision analysis is developed. Use of this framework is demonstrated within an enterprise that involves consideration of public and private sector concerns. The authors hope that the approach proposed in this chapter will enable public and private sector enterprises to comprehensively address performance.

Details

Applications of Management Science
Type: Book
ISBN: 978-1-78052-100-8

Article
Publication date: 4 January 2023

Sanaz Vatankhah, Mahlagha Darvishmotevali, Roya Rahimi, Seyedh Mahboobeh Jamali and Nader Ale Ebrahim

Multi-criteria decision-making (MCDM) techniques are decision support systems that provide systematic approaches to solve hospitality and tourism (H&T) problems while minimizing…

Abstract

Purpose

Multi-criteria decision-making (MCDM) techniques are decision support systems that provide systematic approaches to solve hospitality and tourism (H&T) problems while minimizing the risk of failure. However, less is known about the application of MCDM techniques in H&T research. This study aims to systematically assess the use of MCDM techniques in H&T research to classify its current application and determine its application potential for H&T research.

Design/methodology/approach

This study used bibliometric analysis to examine all published MCDM studies focused on H&T industries, since 1997. In addition, topic modelling was used to discover key concepts. Finally, top cited studies in terms of total citations per year and total citations were qualitatively reviewed for more insights.

Findings

The findings revealed an ongoing interest in applying MCDM techniques in H&T research. Specifically, the extension of fuzzy theory in MCDM techniques is burgeoning among H&T researchers. However, a certain number of MCDM techniques seem to be ignored in this field with a repetitive application of MCDM techniques in particular areas.

Research limitations/implications

The data for the current research was solely retrieved from Scopus and other databases were not included. Therefore, future research is called for to re-examine the study by considering data from various databases.

Originality/value

This study contributes to extant H&T literature by identifying the most prolific and influential countries, journals, publications and trends by applying MCDM techniques in H&T research, and elucidating the implications and characteristics of MCDM techniques in H&T research.

Details

International Journal of Contemporary Hospitality Management, vol. 35 no. 7
Type: Research Article
ISSN: 0959-6119

Keywords

Article
Publication date: 3 July 2017

Antonio Nesticò and Francesco Sica

The decisions taken today relating to urban renewal interventions are rarely supported by logical and operational methodologies capable of effectively rationalising selection…

1208

Abstract

Purpose

The decisions taken today relating to urban renewal interventions are rarely supported by logical and operational methodologies capable of effectively rationalising selection processes. For this purpose, it is necessary to propose and implement analysis models with the aim of promoting the sustainable development of the territory. The purpose of this paper is to define a model for the optimal allocation of scarce resources.

Design/methodology/approach

The Discrete Linear Programming (DLP) is used for selecting investments aimed at achieving financial, social, cultural and environmental sustainability.

Findings

The proposed model lends itself to the construction of investment plans on behalf of both types of decision makers, of both a public and a private nature.

Research limitations/implications

All projects are evaluated according to multi-criteria logics, so that it is possible to find compromise solutions, in accordance with the stakeholders’ different preferences.

Practical implications

The model, written with A Mathematical Programming Language using DLP logics, is tested – case study – so as to define an investment programme finalised for urban renewal of a vast area.

Social implications

The proposed econometric model makes it possible to obtain the optimal combination of projects for urban renewal with a view to achieving the sustainable development of the territory.

Originality/value

Using the proposed model, all projects are evaluated according to multi-criteria logics, so that it is possible to find compromise solutions, in accordance with the stakeholders’ different preferences.

Article
Publication date: 5 July 2023

Yongtong Chen and William Chung

Sustainable supplier selection is of vital importance in sustainability decision of supply chain under carbon neutrality. Multi-criteria decision-making approaches are widely used…

Abstract

Purpose

Sustainable supplier selection is of vital importance in sustainability decision of supply chain under carbon neutrality. Multi-criteria decision-making approaches are widely used in sustainable supplier selection and generally classified the involved criteria into three sustainable development (SD) dimensions: Environmental, Social and Economic. During the assignment of appropriate weighted scores to the criteria, most of the methods considered mutually exclusive criteria. However, some criteria cover multidimensions since ambiguity vagueness makes them difficult to classify into one dimension exclusively. The purpose of this paper is to find proper approaches addressed to multidimensional overlapping criteria in the evaluation of suppliers’ sustainability performance.

Design/methodology/approach

This study proposes three approaches to resolve the multidimensional overlapping criteria issue by data envelopment analysis (DEA) methods. The first approach uses all dimensional criteria and “dimensional overlapping criteria” in a single DEA model. The second approach consists of two-stage DEA. The first stage is to find SD dimensional performances, which are used in the second stage. The third approach uses an aggregate weight-constrained DEA model with additional constraints. Such approaches are applied to an empirical case study with six dimensions.

Findings

Results indicate that the third approach is better than the first two approaches in balancing the development among all dimensions instead of focusing on the superiority dimension to obtain high performance.

Originality/value

Discussing overlapping criteria in the context of sustainable supplier evaluation and other multi-criteria evaluation have a noticeable impact on evaluation systems, but appropriate approaches for this issue are currently under-researched.

Details

Industrial Management & Data Systems, vol. 123 no. 10
Type: Research Article
ISSN: 0263-5577

Keywords

Open Access
Article
Publication date: 22 June 2021

Truong Thi Thuy Duong and Nguyen Xuan Thao

The paper aims to propose a practical model for market segment selection and evaluation. The paper carries out a technique of order preference similarity to the ideal solution…

1286

Abstract

Purpose

The paper aims to propose a practical model for market segment selection and evaluation. The paper carries out a technique of order preference similarity to the ideal solution (TOPSIS) approach to make an operation systematic dealing with multi-criteria decision- making problem.

Design/methodology/approach

Introducing a multi-criteria decision-making problem based on TOPSIS approach. A new entropy and new similarity measure under neutrosopic environment are proposed to evaluate the weights of criteria and the relative closeness coefficient in TOPSIS model.

Findings

The outcomes show that the TOPSIS model based on new entropy and similarity measure is effective for evaluation and selection market segment. Profitability, growth of the market, the likelihood of sustainable differential advantages are the most important insights of criteria.

Originality/value

This paper put forward an effective multi-criteria decision-making dealing with uncertain information.

Details

Asian Journal of Economics and Banking, vol. 5 no. 2
Type: Research Article
ISSN: 2615-9821

Keywords

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