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result(s) for
"compromise solution"
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A combined compromise solution (CoCoSo) method for multi-criteria decision-making problems
by
Turskis, Zenonas
,
Zarate, Pascale
,
Yazdani, Morteza
in
Business administration
,
Computer Science
,
Construction
2019
Purpose
The purpose of this paper is to discuss the advantage of a combinatory methodology presented in this study. The paper suggests that the comparison with results of previously developed methods is in high agreement.
Design/methodology/approach
This paper introduces a combined compromise decision-making algorithm with the aid of some aggregation strategies. The authors have considered a distance measure, which originates from grey relational coefficient and targets to enhance the flexibility of the results. Hence, the weight of the alternatives is placed in the decision-making process with three equations. In the final stage, an aggregated multiplication rule is employed to release the ranking of the alternatives and end the decision process.
Findings
The authors described a real case of choosing logistics and transportation companies in France from a supply chain project. Some comparisons such as sensitivity analysis approach and comparing to other studies and methods provided to validate the performance of the proposed algorithm.
Originality/value
The algorithm has a unique structure among MCDM methods which is presented for the first time in this paper.
Journal Article
A grey combined compromise solution (CoCoSo-G) method for supplier selection in construction management
by
Turskis, Zenonas
,
Wen, Zhi
,
Banaitis, Audrius
in
CoCoSo
,
CoCoSo-G
,
Combined Compromise Solution method
2019
This study investigates an extended version of the combined compromise solution method with grey numbers, named CoCoSo-G for short, to measure the performance of suppliers in a construction company in Madrid. Seven criteria from a relevant previous study are the basis for assessing the performance of suppliers, while ten suppliers are composing our decision matrix. To initiate the decision-making process, we invite experts to aid us in the qualitative evaluation of the suppliers using grey interval values. Two weighting methods, including the DEMATEL (Decision Making Trial and Evaluation Laboratory) and BWM (best worst method) are used to achieve the importance of supplier criteria in a combined manner. The DEMATEL method is used to realise the best and worst criteria, and the BWM is used to sort the criteria according to a linear programming formulation. The CoCoSo-G method used to release the score of each supplier and rank them. We compare the results obtained by the CoCoSo-G with those obtained by the Complex Proportional Assessment method. It is evident that offering grey values for supplier qualification, using the combined weighting tool and proposing the new CoCoSo-G approach facilitate the evaluation process while indicating trustable outcomes.
Journal Article
A pareto strategy based on multi-objective optimal integration of distributed generation and compensation devices regarding weather and load fluctuations
2024
In this study, we present a comprehensive optimization framework employing the Multi-Objective Multi-Verse Optimization (MOMVO) algorithm for the optimal integration of Distributed Generations (DGs) and Capacitor Banks (CBs) into electrical distribution networks. Designed with the dual objectives of minimizing energy losses and voltage deviations, this framework significantly enhances the operational efficiency and reliability of the network. Rigorous simulations on the standard IEEE 33-bus and IEEE 69-bus test systems underscore the effectiveness of the MOMVO algorithm, demonstrating up to a 47% reduction in energy losses and up to a 55% improvement in voltage stability. Comparative analysis highlights MOMVO's superiority in terms of convergence speed and solution quality over leading algorithms such as the Multi-Objective Jellyfish Search (MOJS), Multi-Objective Flower Pollination Algorithm (MOFPA), and Multi-Objective Lichtenberg Algorithm (MOLA). The efficacy of the study is particularly evident in the identification of the best compromise solutions using MOMVO. For the IEEE 33 network, the application of MOMVO led to a significant 47.58% reduction in daily energy loss and enhanced voltage profile stability from 0.89 to 0.94 pu. Additionally, it realized a 36.97% decrease in the annual cost of energy losses, highlighting substantial economic benefits. For the larger IEEE 69 network, MOMVO achieved a remarkable 50.15% reduction in energy loss and improved voltage profiles from 0.89 to 0.93 pu, accompanied by a 47.59% reduction in the annual cost of energy losses. These results not only confirm the robustness of the MOMVO algorithm in optimizing technical and economic efficiencies but also underline the potential of advanced optimization techniques in facilitating the sustainable integration of renewable energy resources into existing power infrastructures. This research significantly contributes to the field of electrical distribution network optimization, paving the way for future advancements in renewable energy integration and optimization techniques for enhanced system efficiency, reliability, and sustainability.
Journal Article
A multi-criteria decision-making in turning process using the MAIRCA, EAMR, MARCOS and TOPSIS methods: A comparative study
2021
Multi-criteria decision-making is important and it affects the efficiency of a mechanical processing process as well as an operation in general. It is understood as determining the best alternative among many alternatives. In this study, the results of a multi-criteria decision-making study are presented. In which, sixteen experiments on turning process were carried out. The input parameters of the experiments are the cutting speed, the feed speed, and the depth of cut. After conducting the experiments, the surface roughness and the material removal rate (MRR) were determined. To determine which experiment guarantees the minimum surface roughness and maximum MRR simultaneously, four multi-criteria decision-making methods including the MAIRCA, the EAMR, the MARCOS, and the TOPSIS were used. Two methods the Entropy and the MEREC were used to determine the weights for the criteria. The combination of four multi-criteria making decision methods with two determination methods of the weights has created eight ranking solutions for the experiments, which is the novelty of this study. An amazing result was obtained that all eight solutions all determined the same best experiment. From the obtained results, a recommendation was proposed that the multi-criteria making decision methods and the weighting methods using in this study can also be used for multi-criteria making decision in other cases, other processes.
Journal Article
Application of a Gray-Based Decision Support Framework for Location Selection of a Temporary Hospital during COVID-19 Pandemic
by
Derakhti, Arman
,
Hashemkhani Zolfani, Sarfaraz
,
Ebadi Torkayesh, Ali
in
Coronaviruses
,
COVID-19
,
Decision making
2020
The hospital location selection problem is one of the most important decisions in the healthcare sector in big cities due to population growth and the possibility of a high number of daily referred patients. A poor location selection process can lead to many issues for the health workforce and patients, and it can result in many unnecessary costs for the healthcare systems. The COVID-19 outbreak had a noticeable effect on people’s lives and the service quality of hospitals during recent months. The hospital location selection problem for infected patients with COVID-19 turned out to be one of the most significant and complicated decisions with many uncertain involved parameters for healthcare sectors in countries with high cases. In this study, a gray-based decision support framework using criteria importance through inter-criteria correlation (CRITIC) and combined compromise solution (CoCoSo) methods is proposed for location selection of a temporary hospital for COVID-19 patients. A case study is performed for Istanbul using the proposed decision-making framework.
Journal Article
Fixed-charge solid transportation problem with budget constraints based on carbon emission in neutrosophic environment
by
Ghosh, Shyamali
,
Roy, Sankar Kumar
,
Verdegay, José Luis
in
Artificial Intelligence
,
Computational Intelligence
,
Control
2022
This paper is to integrate among solid transportation problem, budget constraints and carbon emission with probable maximum profit. The range of air pollution and climate change are effected by
CO
2
gas emission and other greenhouse gases from myriad transportation systems. Henceforth, our target is to minimize carbon emission for pollution-free environment. Transportation system with single objective is hardly applicable to the situation with more than one criterion. Therefore multi-objective decision making is incorporated for designing real-life transportation problem. Due to time pressure, data limitation, lack of information or measurement errors in practical problems, there exist some hesitations. Based on the fact, decision maker considers indeterminacy in the designed problems. To overcome such hesitancy of occurrence and non-occurrence in fuzzy and intuitionistic fuzzy, neutrosophic set is very important and suitable to accommodate such general structure of problems. Therefore neutrosophic environment with neutrosophic linear programming, fuzzy programming and global criterion method is utilized here to find the compromise solution of the multi-objective transportation problem. Thereafter, the performance of the considered model is useful by evaluating a numerical example, and then the derived results are compared. Finally sensitivity analysis and conclusions with upcoming works of this research are stated hereafter.
Journal Article
Application of MEREC in Multi-Criteria Selection of Optimal Spray-Painting Robot
by
Kalita, Kanak
,
Shanmugasundar, G.
,
Sapkota, Gaurav
in
Alternatives
,
Atomizing
,
Decision making
2022
Robots are being increasingly utilized for various operations in industrial and household applications. One such application is for spray painting, wherein atomized paint particles are sprayed on a surface to coat the surface with paint. As there are different models of robots available for the job, it becomes crucial to select the best among them. Multi-criteria decision-making (MCDM) techniques are widely used in various fields to tackle selection problems where there are many conflicting criteria and several alternatives. This work focuses on selecting the best robot among twelve alternatives based on seven criteria, among which payload, speed, and reach are beneficial criteria while mechanical weight, repeatability, cost, and power consumption are cost criteria. Five MCDM techniques, namely combination distance-based assessment (CODAS), complex proportional assessment (COPRAS), combined compromise solution (CoCoSo), multi-attributive border approximation area comparison (MABAC), and višekriterijumsko kompromisno rangiranje (VIKOR) were used for the selection while a weight calculation was performed using an objective weight calculation technique called MEREC. HY1010A-143 was found to be the most suitable robot for spray-painting applications by four of the five techniques used. Correlation studies showed a significant level of correlation among all the MCDM techniques.
Journal Article
A VIKOR-based method for hesitant fuzzy multi-criteria decision making
by
Liao, Huchang
,
Xu, Zeshui
in
Artificial Intelligence
,
Calculus of Variations and Optimal Control; Optimization
,
Fuzzy sets
2013
Since it was firstly introduced by Torra and Narukawa (
The 18th IEEE International Conference on Fuzzy Systems, Jeju Island, Korea
,
2009
, pp. 1378–1382), the hesitant fuzzy set has attracted more and more attention due to its powerfulness and efficiency in representing uncertainty and vagueness. This paper extends the classical VIKOR (vlsekriterijumska optimizacija i kompromisno resenje in serbian) method to accommodate hesitant fuzzy circumstances. Motivated by the hesitant normalized Manhattan distance, we develop the hesitant normalized Manhattan
—metric, the hesitant fuzzy group utility measure, the hesitant fuzzy individual regret measure, and the hesitant fuzzy compromise measure. Based on these new measures, we propose a hesitant fuzzy VIKOR method, and a practical example is provided to show that our method is very effective in solving multi-criteria decision making problems with hesitant preference information.
Journal Article
A Spherical Fuzzy Analytic Hierarchy Process (SF-AHP) and Combined Compromise Solution (CoCoSo) Algorithm in Distribution Center Location Selection: A Case Study in Agricultural Supply Chain
by
Nguyen, Van Thanh
,
Ho, Thanh Phong
,
Kieu, Phan Thuy
in
Agriculture
,
Algorithms
,
Analytic hierarchy process
2021
Logistics is an important service sector, contributing to improving the competitiveness of the economy. Therefore, along with increasing the application of technology and effective business models, it is necessary to increase the connectivity of the infrastructure systems of industrial parks, roads, and seaports of regions and the country. Over the past decades, Vietnamese businesses have been step-by-step going through many stages from production, packaging, quality, hygiene, and safety to grasping new stages in the domestic and global value chain. In many industries, businesses are increasing the content of their own designs, exploiting brands, and approaching consumption networks in the target market. The role of the distribution center is becoming more and more important in ensuring a seamless and flawless supply chain. In particular, the distribution center is the most sensitive contact point between supply and demand in each enterprise. Therefore, the key mission of a distribution center is to reconcile supply and demand requirements. Distribution center location selection problems usually involve multiple quantitative and qualitative criteria that the decision maker must take into account for assessing the symmetrical impact of the criteria to reach the most accurate result. In this study, the authors propose a hybrid MCDM model based on Spherical Fuzzy Analytic Hierarchy Process (SF-AHP) and Combined Compromise Solution (CoCoSo) Algorithm to support the distribution location selection problem of perishable agricultural products. The proposed model is then applied to the numerical case study of the sweet potato product of the Mekong Delta region of Vietnam to demonstrate the feasibility of the model. The contribution of this research is to propose an MCDM model for improving the efficiency of the agricultural supply chain through selecting a location distribution center. This proposed model can be applied to the agricultural supply chain around the world.
Journal Article
An Improved Best‐Worst Method Integrated With Combined Compromise Solution for Evaluating Large Language Models
by
Mohamad Sharaf, Iman
,
Albahri, A. S.
,
Albahri, O. S.
in
Accountability
,
Accuracy
,
Alternatives
2025
The emergence of large language models (LLMs) has substantially changed the artificial intelligence field, enabling its wide use over different domains. As various LLM alternatives have been developed, the current study proposes a novel decision‐support framework for evaluating and benchmarking LLMs based on multicriteria decision‐making (MCDM) techniques. In the proposed framework, an improved version of the best‐worst method (BWM) is proposed to effectively reduce the computational complexity of assigning a critical weight for the evaluation criteria of LLMs. Then, the improved BWM is integrated with the combined compromise solution (CoCoSo) method for ranking LLM alternatives. Findings show that the improved BWM successfully computes the criteria weights with low computational complexity compared to the original BWM. According to the enhanced BWM, the ‘factual errors’ criterion received the highest significant weight (0.2681), while the ‘logical inconsistencies’ criteria obtained the lowest (0.0827). The rest of the criteria were distributed in between that range. Subsequently, CoCoSo ranked the involved LLM alternatives in two different runs based on the extracted weights. Sensitivity analysis was employed to evaluate the effect of the assessment criteria on LLMs’ evaluation.
Journal Article