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A Multiple Criteria Decision Analysis Method for Alternative Assessment Results Obeying a Particular Distribution and Application

Wang He-Hua, Zhu Jian-Jun, Gu Xiao-Yan and Chen Ye

Mathematical Problems in Engineering, 2018, vol. 2018, 1-14

Abstract:

A multiple criteria decision analysis (MCDA) problem is studied in this paper, for which the evaluation results obey a particular distribution. First, when solving a multiple criteria decision analysis (MCDA) problem, a grey target decision analysis framework is proposed to determine uncertain parameters and criteria weights. A measurement for comprehensive off-target distance is defined, which includes the undetermined parameters. Second, to satisfy the requirements of a specific distribution (such as a normal distribution) in the assessment results, an optimization model that incorporates the off-target distance constraints is proposed by considering the skewness and kurtosis test method. Third, a particle swarm optimization (PSO) algorithm is extended to solve the proposed model by seeking the appropriate parameters and weights. Fourth, a numerical example is applied to demonstrate the feasibility and application of the proposed method. In the end, the proposed model is extended to other distribution requirements.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:2108726

DOI: 10.1155/2018/2108726

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