Extension of Ratio System Part of MOORA Method for Solving Decision-Making Problems with Interval Data
Volume 23, Issue 1 (2012), pp. 141–154
Pub. online: 1 January 2012
Type: Research Article
Received
1 July 2011
1 July 2011
Accepted
1 October 2011
1 October 2011
Published
1 January 2012
1 January 2012
Abstract
In some cases of using multi-criteria decision making methods for solving real-world problems ratings of alternatives cannot be determined precisely, and that is why they are expressed in the form of intervals. Therefore, the aim of this paper is to extend the MOORA method for solving decision making problems with interval data. By extending the ratio system part of MOORA method, an algorithm to determine the most preferable alternative among all possible alternatives, when performance ratings are given as intervals, is presented. Finally, an example is shown to highlight the proposed procedure, at the end of this paper.