BWM- PROMETHEE Amalgamation in strengthening Multi-criteria Decision Making
Chatterjee, Debmallya (2016) BWM- PROMETHEE Amalgamation in strengthening Multi-criteria Decision Making. TAPMI, Manipal, Manipal.
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TWP137_1619-Debmallya_BWM-Promethee-amalgamation in strengthening multicriteria decision making.pdf Download (1MB) |
Abstract
This paper discusses the strengths and weaknesses of Best-Worst method (BWM)and Preference Ranking Optimization METHod for Enrichment Evaluation (PROMETHEE).Based on the discussion an attempt is made to amalgamate these two prominent MCDM methods in improving operational efficiency. BWM and PROMETHEE are integrated to bring in a number of BWM features into PROMETHEE including determination of weights. This amalgamation is used further to demonstrate reduction of number of pair-wise comparisons with respect to Analytic Hierarchy Process (AHP) with improved consistency. The integration is further validated through the evaluation of seven polytechnic colleges in an around Durgapur, the second largest educational hub of West Bengal.
Item Type: | TAPMI Working Papers |
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Uncontrolled Keywords: | BWM, MCDM, PROMETHEE, AHP |
Subjects: | Operations Management |
Divisions: | Operations and Information Science |
Depositing User: | Ms. Vanitha K |
Date Deposited: | 03 Dec 2018 04:51 |
Last Modified: | 09 Jan 2019 09:25 |
URI: | http://tapmi.informaticsglobal.com/id/eprint/526 |
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