Multiple criteria decision-making KEMIRA-M method for solution of location alternatives
Aleksandras Krylovas,
Edmundas Kazimieras Zavadskas and
Natalja Kosareva
Economic Research-Ekonomska Istraživanja, 2016, vol. 29, issue 1, 50-65
Abstract:
Choice of location in many cases is a key factor setting up a new business object. In this article the KEMIRA-M method is proposed to establish priority of criteria and determine criteria weights. Weighted sum of criteria values was applied for ranking the alternatives. This technique is useful if the evaluation criteria naturally consist of several logically explained groups of criteria. Method requires much less initial information and is based upon searching the solution of optimisation problem. KEMIRA-M is applied for the case study of construction site for non-hazardous waste incineration plant in Vilnius City.
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:taf:reroxx:v:29:y:2016:i:1:p:50-65
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DOI: 10.1080/1331677X.2016.1152560
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