Assessing Criteria Weights by the Symmetry Point of Criterion (Novel SPC Method) - Application in the Efficiency Evaluation of the Mineral Deposit Multi-Criteria Partitioning Algorithm

Објеката

Тип
Рад у часопису
Верзија рада
објављена верзија
Језик
енглески
Креатор
Zoran Gligorić, Miloš Gligorić, Igor Miljanović, Suzana Lutovac, Aleksandar Milutinović
Извор
Computer Modeling in Engineering & Sciences
Датум издавања
2023
Сажетак
Information about the relative importance of each criterion or the weights of criteria can have a significant influence on the ultimate rank of alternatives. Accordingly, assessing the weights of criteria is a very important task in solving multi-criteria decision-making problems. Three methods are commonly used for assessing the weights of criteria: objective, subjective, and integrated methods. In this study, an objective approach is proposed to assess the weights of criteria, called SPC method (Symmetry Point of Criterion). This point enriches the criterion so that it is balanced and easy to implement in the process of the evaluation of its influence on decision-making. The SPC methodology is systematically presented and supported by detailed calculations related to an artificial example. To validate the developed method, we used our numerical example and calculated the weights of criteria by CRITIC, Entropy, Standard Deviation and MEREC methods. Comparative analysis between these methods and the SPC method reveals that the developed method is a very reliable objective way to determine the weights of criteria. Additionally, in this study, we proposed the application of SPC method to evaluate the efficiency of the multi-criteria partitioning algorithm. The main idea of the evaluation is based on the following fact: the greater the uniformity of the weights of criteria, the higher the efficiency of the partitioning algorithm. The research demonstrates that the SPC method can be applied to solving different multi-criteria problems.
том
136
Број
1
почетак странице
955
крај странице
979
doi
10.32604/cmes.2023.025021
issn
1526-1492
Subject
Вишекритеријумско одлучивање, тежине критеријума, тачка симетрије критеријума, налазиште минерала, алгоритам, процена учинка
Multi-criteria decision-making, weights of criteria, symmetry point of criterion, mineral deposit, partitioning algorithm, performance evaluation
Шира категорија рада
M20
Ужа категорија рада
М22
Права
Отворени приступ
Лиценца
All rights reserved
Формат
.pdf
Медија
TSP_CMES_25021.pdf

Zoran Gligorić, Miloš Gligorić, Igor Miljanović, Suzana Lutovac, Aleksandar Milutinović. "Assessing Criteria Weights by the Symmetry Point of Criterion (Novel SPC Method) - Application in the Efficiency Evaluation of the Mineral Deposit Multi-Criteria Partitioning Algorithm" in Computer Modeling in Engineering & Sciences (2023). https://doi.org/10.32604/cmes.2023.025021

This item was submitted on 27. септембар 2023. by [anonymous user] using the form “Рад у часопису” on the site “Радови”: https://dr.rgf.bg.ac.rs/s/repo

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