Novel Methods in Multiple Criteria Decision-Making Process (MCRAT and RAPS)—Application in the Mining Industry

Katarina Urošević, Zoran Gligorić, Igor Miljanović, Čedomir Beljić and Miloš Gligorić
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Katarina Urošević: Faculty of Mining and Geology, University of Belgrade, Đušina 7, 11 000 Belgrade, Serbia
Zoran Gligorić: Faculty of Mining and Geology, University of Belgrade, Đušina 7, 11 000 Belgrade, Serbia
Igor Miljanović: Faculty of Mining and Geology, University of Belgrade, Đušina 7, 11 000 Belgrade, Serbia
Čedomir Beljić: Faculty of Mining and Geology, University of Belgrade, Đušina 7, 11 000 Belgrade, Serbia
Miloš Gligorić: Faculty of Mining and Geology, University of Belgrade, Đušina 7, 11 000 Belgrade, Serbia

Mathematics, 2021, vol. 9, issue 16, 1-21

Abstract: Multiple criteria decision making (MCDM) is a supporting tool which is widely spread in different areas of science and industry. Many researchers have confirmed that MCDM methods can be useful for selecting the best solution in many different problems. In this paper, two novel methods are presented and applied on existing decision-making processes in the mining industry. The first method is multiple criteria ranking by alternative trace (MCRAT) and the second is ranking alternatives by perimeter similarity (RAPS). These two novel methods are demonstrated in decision-making problems and compared with the ranking of the same alternatives by other MCDM methods. The mining process often includes drilling and blasting operations as the most common activities for exploitation of raw materials. For optimal blasting design it is important to select the most suitable parameters for the blasting pattern and respect characteristics of the working environment and production conditions. By applying novel methods, how to successfully select the most proper blasting pattern respecting all conditions that must be satisfied for economic aspects and the safety of employees and the environment is presented.

Keywords: multiple criteria decision making; novel methods; mining industry; blasting pattern (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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