Pub. online:1 Jan 2013Type:Research ArticleOpen Access
Volume 24, Issue 1 (2013), pp. 103–118
This paper proposes a new multi-attribute ranking procedure based on distance from decision-maker preferences. This method has two phases. In the first phase, the decision maker is asked to define the preferred performance for each attribute. In the second phase, Weighted Sum method and new distance-based normalization procedure are used to determine the overall performance rating of alternatives.
Pub. online:1 Jan 2012Type:Research ArticleOpen Access
Volume 23, Issue 1 (2012), pp. 141–154
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.