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1 – 10 of 21
Open Access
Article
Publication date: 4 July 2023

Shahbaz Khan, Abid Haleem and Mohd Imran Khan

The complex network structure causes several disruptions in the supply chain that make risk management essential for supply chain management including halal supply chain (HSM)…

Abstract

Purpose

The complex network structure causes several disruptions in the supply chain that make risk management essential for supply chain management including halal supply chain (HSM). During risk management, several challenges are associated with the risk assessment phase, such as incomplete and uncertain information about the system. To cater this, the authors propose a risk assessment framework that addresses the issues of uncertainty using neutrosophic theory and demonstrated the applicability of the proposed framework through the case of halal supply chain management (HSCM).

Design/methodology/approach

The proposed framework is using the capabilities of the neutrosophic number which can handle uncertain, vague and incomplete information. Initially, the risk related to the HSC is identified through a literature review and expert’s input. Further, the probability and impact of each HSM-related risk are assessed using experts’ input through linguistic terms. These linguistic values are transformed into single-value trapezoidal neutrosophic numbers (SVTNNs). Finally, the severity of each HSM-related risk is determined through the multiplication of the probability and impact of each risk and prioritised the risks based on their severity.

Findings

A comprehensive risk assessment framework is developed that could be used under uncertainty. Initially, 16 risks are identified related to the HSM. Further, the identified risks are prioritised using the severity of the risks. The high-priority risk is “raw material status”, “raw material wholesomeness” and “origin of raw material” while “information integrity” and “people integrity” are low-priority risks.

Practical implications

HSM risk can be effectively assessed through the proposed framework. The proposed framework applied neutrosophic numbers to represent real-life situations, and it could be used for other supply chains as well.

Originality/value

The proposed method is effectively addressing the issue of linguistic subjectivity, inconsistent information and uncertainty in the expert’s opinion. A case study of the HSC is adopted to illustrate the efficiency and applicability of the proposed risk framework.

Details

Arab Gulf Journal of Scientific Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1985-9899

Keywords

Abstract

Details

Management Decision, vol. 61 no. 2
Type: Research Article
ISSN: 0025-1747

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…

1288

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

Open Access
Article
Publication date: 19 January 2022

Dorina Nicoleta Popa, Victoria Bogdan, Claudia Diana Sabau Popa, Marioara Belenesi and Alina Badulescu

The purpose of this work is twofold. First, looks to identify the main homogenous groups of companies after environmental, social, economic and governance (ESEG) disclosures…

1415

Abstract

Purpose

The purpose of this work is twofold. First, looks to identify the main homogenous groups of companies after environmental, social, economic and governance (ESEG) disclosures, non-financial statement and earnings per share (EPS), and second investigates the connection between variables.

Design/methodology/approach

Using financial and non-financial information from annual reports of private listed companies, the authors performed two-step cluster analysis (TSCA) in the first stage of the research, followed by parametric, nonparametric correlation analysis, as well as regression analysis based on panel data, in the second stage.

Findings

Results of TSCA revealed a cluster of companies with good financial and non-financial outcomes and a cluster of companies with poor performance. The performance dynamics showed a slight improvement during the period for few companies and composition analysis of clusters by industries through Kruskal–Wallis test highlighted differences between clusters, only for 2017. The main findings confirm a direct, although weak in intensity but statistically significant correlation between ESEG disclosure index, its sustainability component and financial performance (FP), valid for the entire period. Also, the results showed a direct link of low intensity to average, but statistically significant between the non-financial statement and EPS, valid only for 2017 and 2018.

Research limitations/implications

The results indicate mixed findings which invites further in-depth research. Limits of the study can be found in selected indicators and the short period of time analyzed. However, the practical implications are worth considering from the perspective of finding new managerial tools that can better shape the relationship between ESEG disclosures and FP.

Practical implications

ESEG Dindx can be an instrument for managers that can optimize the link between the FP of companies and its sustainable development.

Social implications

ESEG Dindx measures the disclosure degree of ESEG information by the companies listed on Bucharest Stock Exchange (BSE). The main findings of the work confirm a direct, although weak in intensity but statistically significant correlation between ESEG disclosure index, its sustainability component and FP, valid for the entire period.

Originality/value

This study adds value to the existing literature by the proposed research framework, design of ESEG Dindx and the way correlations between variables were investigated.

Details

Kybernetes, vol. 51 no. 13
Type: Research Article
ISSN: 0368-492X

Keywords

Open Access
Article
Publication date: 20 February 2023

Nuh Keleş

This study aims to apply new modifications by changing the nonlinear logarithmic calculation steps in the method based on the removal effects of criteria (MEREC) method. Geometric…

Abstract

Purpose

This study aims to apply new modifications by changing the nonlinear logarithmic calculation steps in the method based on the removal effects of criteria (MEREC) method. Geometric and harmonic mean from multiplicative functions is used for the modifications made while extracting the effects of the criteria on the overall performance one by one. Instead of the nonlinear logarithmic measure used in the MEREC method, it is desired to obtain results that are closer to the mean and have a lower standard deviation.

Design/methodology/approach

The MEREC method is based on the removal effects of the criteria on the overall performance. The method uses a logarithmic measure with a nonlinear function. MEREC-G using geometric mean and MEREC-H using harmonic mean are introduced in this study. The authors compared the MEREC method, its modifications and some other objective weight determination methods.

Findings

MEREC-G and MEREC-H variants, which are modifications of the MEREC method, are shown to be effective in determining the objective weights of the criteria. Findings of the MEREC-G and MEREC-H variants are more convenient, simpler, more reasonable, closer to the mean and have fewer deviations. It was determined that the MEREC-G variant gave more compatible findings with the entropy method.

Practical implications

Decision-making can occur at any time in any area of life. There are various criteria and alternatives for decision-making. In multi-criteria decision-making (MCDM) models, it is a very important distinction to determine the criteria weights for the selection/ranking of the alternatives. The MEREC method can be used to find more reasonable or average results than other weight determination methods such as entropy. It can be expected that the MEREC method will be more used in daily life problems and various areas.

Originality/value

Objective weight determination methods evaluate the weights of the criteria according to the scores of the determined alternatives. In this study, the MEREC method, which is an objective weight determination method, has been expanded. Although a nonlinear measurement model is used in the literature, the contribution was made in this study by using multiplicative functions. As an important originality, the authors demonstrated the effect of removing criteria in the MEREC method in a sensitivity analysis by actually removing the alternatives one by one from the model.

Details

International Journal of Industrial Engineering and Operations Management, vol. 5 no. 3
Type: Research Article
ISSN: 2690-6090

Keywords

Open Access
Article
Publication date: 26 July 2018

Peide Liu and Hui Gao

Intuitionistic linguistic fuzzy information (ILFI), characterized by linguistic terms and intuitionistic fuzzy sets (IFSs), can easily express the fuzzy information in the process…

1513

Abstract

Purpose

Intuitionistic linguistic fuzzy information (ILFI), characterized by linguistic terms and intuitionistic fuzzy sets (IFSs), can easily express the fuzzy information in the process of muticriteria decision making (MCDM) and muticriteria group decision making (MCGDM) problems. The purpose of this paper is to provide an overview of aggregation operators (AOs) and applications of ILFI.

Design/methodology/approach

First, some meaningful AOs for ILFI are summarized, and some extended MCDM approaches for intuitionistic uncertain linguistic variables (IULVs), such as extended TOPSIS, extended TODIM, extended VIKOR, are discussed. Then, the authors summarize and analyze the applications about the AOs of IULVs.

Findings

IULVs, characterized by linguistic terms and IFSs, can more detailed and comprehensively express the criteria values in the process of MCDM and MCGDM. Therefore, lots of researchers pay more and more attention to the MCDM or MCGDM methods with IULVs.

Originality/value

The authors summarize and analyze the applications about the AOs of IULVs Finally, the authors point out some possible directions for future research.

Details

Marine Economics and Management, vol. 1 no. 1
Type: Research Article
ISSN: 2516-158X

Keywords

Open Access
Article
Publication date: 28 February 2023

Ahmad Hariri, Pedro Domingues and Paulo Sampaio

This paper aims to classify journal papers in the context of hybrid quality function deployment QFD and multi-criteria decision-making (MCDM) methods published during 2004–2021.

2016

Abstract

Purpose

This paper aims to classify journal papers in the context of hybrid quality function deployment QFD and multi-criteria decision-making (MCDM) methods published during 2004–2021.

Design/methodology/approach

A conceptual classification scheme is presented to analyze the hybrid QFD-MCDM methods. Then some recommendations are given to introduce directions for future research.

Findings

The results show that among all related areas, the manufacturing application has the most frequency of published papers regarding hybrid QFD-MCDM methods. Moreover, using uncertainty to establish a hybrid QFD-MCDM the relevant papers have been considered during the time interval 2004–2021.

Originality/value

There are various shortcomings in conventional QFD which limit its efficiency and potential applications. Since 2004, when MCDM methods were frequently adopted in the quality management context, increasing attention has been drawn from both practical and academic perspectives. Recently, the integration of MCDM techniques into the QFD model has played an important role in designing new products and services, supplier selection, green manufacturing systems and sustainability topics. Hence, this survey reviewed hybrid QFD-MCDM methods during 2004–2021.

Details

International Journal of Quality & Reliability Management, vol. 40 no. 10
Type: Research Article
ISSN: 0265-671X

Keywords

Open Access
Article
Publication date: 4 August 2020

Kanak Meena, Devendra K. Tayal, Oscar Castillo and Amita Jain

The scalability of similarity joins is threatened by the unexpected data characteristic of data skewness. This is a pervasive problem in scientific data. Due to skewness, the…

737

Abstract

The scalability of similarity joins is threatened by the unexpected data characteristic of data skewness. This is a pervasive problem in scientific data. Due to skewness, the uneven distribution of attributes occurs, and it can cause a severe load imbalance problem. When database join operations are applied to these datasets, skewness occurs exponentially. All the algorithms developed to date for the implementation of database joins are highly skew sensitive. This paper presents a new approach for handling data-skewness in a character- based string similarity join using the MapReduce framework. In the literature, no such work exists to handle data skewness in character-based string similarity join, although work for set based string similarity joins exists. Proposed work has been divided into three stages, and every stage is further divided into mapper and reducer phases, which are dedicated to a specific task. The first stage is dedicated to finding the length of strings from a dataset. For valid candidate pair generation, MR-Pass Join framework has been suggested in the second stage. MRFA concepts are incorporated for string similarity join, which is named as “MRFA-SSJ” (MapReduce Frequency Adaptive – String Similarity Join) in the third stage which is further divided into four MapReduce phases. Hence, MRFA-SSJ has been proposed to handle skewness in the string similarity join. The experiments have been implemented on three different datasets namely: DBLP, Query log and a real dataset of IP addresses & Cookies by deploying Hadoop framework. The proposed algorithm has been compared with three known algorithms and it has been noticed that all these algorithms fail when data is highly skewed, whereas our proposed method handles highly skewed data without any problem. A set-up of the 15-node cluster has been used in this experiment, and we are following the Zipf distribution law for the analysis of skewness factor. Also, a comparison among existing and proposed techniques has been shown. Existing techniques survived till Zipf factor 0.5 whereas the proposed algorithm survives up to Zipf factor 1. Hence the proposed algorithm is skew insensitive and ensures scalability with a reasonable query processing time for string similarity database join. It also ensures the even distribution of attributes.

Details

Applied Computing and Informatics, vol. 18 no. 1/2
Type: Research Article
ISSN: 2634-1964

Keywords

Open Access
Article
Publication date: 21 June 2019

Muhammad Zahir Khan and Muhammad Farid Khan

A significant number of studies have been conducted to analyze and understand the relationship between gas emissions and global temperature using conventional statistical…

3151

Abstract

Purpose

A significant number of studies have been conducted to analyze and understand the relationship between gas emissions and global temperature using conventional statistical approaches. However, these techniques follow assumptions of probabilistic modeling, where results can be associated with large errors. Furthermore, such traditional techniques cannot be applied to imprecise data. The purpose of this paper is to avoid strict assumptions when studying the complex relationships between variables by using the three innovative, up-to-date, statistical modeling tools: adaptive neuro-fuzzy inference systems (ANFIS), artificial neural networks (ANNs) and fuzzy time series models.

Design/methodology/approach

These three approaches enabled us to effectively represent the relationship between global carbon dioxide (CO2) emissions from the energy sector (oil, gas and coal) and the average global temperature increase. Temperature was used in this study (1900-2012). Investigations were conducted into the predictive power and performance of different fuzzy techniques against conventional methods and among the fuzzy techniques themselves.

Findings

A performance comparison of the ANFIS model against conventional techniques showed that the root means square error (RMSE) of ANFIS and conventional techniques were found to be 0.1157 and 0.1915, respectively. On the other hand, the correlation coefficients of ANN and the conventional technique were computed to be 0.93 and 0.69, respectively. Furthermore, the fuzzy-based time series analysis of CO2 emissions and average global temperature using three fuzzy time series modeling techniques (Singh, Abbasov–Mamedova and NFTS) showed that the RMSE of fuzzy and conventional time series models were 110.51 and 1237.10, respectively.

Social implications

The paper provides more awareness about fuzzy techniques application in CO2 emissions studies.

Originality/value

These techniques can be extended to other models to assess the impact of CO2 emission from other sectors.

Details

International Journal of Climate Change Strategies and Management, vol. 11 no. 5
Type: Research Article
ISSN: 1756-8692

Keywords

Open Access
Article
Publication date: 31 December 2019

Wang Paopao and Jihong Chen

Developing waterway-waterway transfer is an important path for Shanghai's container logistics to innovate service models. Taicang Express Line, a typical case of service model…

Abstract

Developing waterway-waterway transfer is an important path for Shanghai's container logistics to innovate service models. Taicang Express Line, a typical case of service model innovation, plays an important role in elevating the standing of Shanghai Port as a container hub port and in developing China (Shanghai) Pilot Free Trade Zone. From the three dominant transfer service models, the waterway-waterway transfer for container logistics of Taicang Express Line has the traits and experience in streamlining logistics processes, innovating logistics clearance models, saving logistics operating costs, offering port logistics cooperation experience for replications and promoting integration of regional port logistics resources. However, it also harbors issues in infrastructure construction, staffing, container resources allocation and transportation, transportation efficiency and policy innovation. In the future, efforts should be invested to strengthening the construction and staffing of port logistics infrastructure, optimizing the container resources allocation and transport of port logistics systems, improving the logistics transportation efficiency of Taicang Express Line, and pushing forward innovation of the synergistic policy mechanism for regional port logistics.

Details

Journal of International Logistics and Trade, vol. 17 no. 4
Type: Research Article
ISSN: 1738-2122

Keywords

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