A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems

Mingming Hu; Xinmiao Ye; Jibin Lan; Fang Liu

doi:doi:10.11648/j.ebm.20180402.11

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A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems

Mingming Hu, Xinmiao Ye, Jibin Lan, Fang Liu

Published in European Business & Management (Volume 4, Issue 2)

Received: 6 December 2017 Accepted: 4 January 2018 Published: 19 January 2018

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Abstract

A multiple attributes decision making model is wildly used and studied. The goal of multiple attributes decision making problems is to select a perfect alternative. The existed methods pay attention to rank the alternatives and suggest a best alternative to decision makers. However, there is risk hiding on the priority order. When accepting the order, decision makers undertake the risk at the same time. It is unknown for decision makers. To show the advantages and disadvantages for each alternative, and the risk of a selection, we propose a possibility priority degree analyzing model. With this model, decision makers can be aware of the possibility of priority degree, similar degree and the priority risk, and then make decision. It will effectively reduce the decision risk and improve the decision efficiency.

Published in	European Business & Management (Volume 4, Issue 2)
DOI	10.11648/j.ebm.20180402.11
Page(s)	44-54
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

MADM, Possibility, Priority Degree, Alternatives, Attributes

References

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[11]	Hwang, C. L., Yoon, K. (1981). Multiple Attribute Decision Making, Springer-Verlag, Berlin.
[12]	Milani, A. S., Shanian, A., Madoliat, R., & Nemes, J. A. (2005). The effect of normalization norms in multiple attribute decision making models: a case study in gear material selection. Structural and multidisciplinary optimization, 29 (4), 312-318.
[13]	Yoon, K. P., & Hwang, C. L. (1995). Multiple attribute decision making: an introduction (Vol. 104). Sage publications.
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[18]	Durrett, R. (1996). Probability: theory and examples. Cambridge U Press, 39 (5), 320-353.

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APA Style

Mingming Hu, Xinmiao Ye, Jibin Lan, Fang Liu. (2018). A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems. European Business & Management, 4(2), 44-54. https://doi.org/10.11648/j.ebm.20180402.11

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ACS Style

Mingming Hu; Xinmiao Ye; Jibin Lan; Fang Liu. A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems. Eur. Bus. Manag. 2018, 4(2), 44-54. doi: 10.11648/j.ebm.20180402.11

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AMA Style

Mingming Hu, Xinmiao Ye, Jibin Lan, Fang Liu. A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems. Eur Bus Manag. 2018;4(2):44-54. doi: 10.11648/j.ebm.20180402.11

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@article{10.11648/j.ebm.20180402.11,
  author = {Mingming Hu and Xinmiao Ye and Jibin Lan and Fang Liu},
  title = {A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems},
  journal = {European Business & Management},
  volume = {4},
  number = {2},
  pages = {44-54},
  doi = {10.11648/j.ebm.20180402.11},
  url = {https://doi.org/10.11648/j.ebm.20180402.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ebm.20180402.11},
  abstract = {A multiple attributes decision making model is wildly used and studied. The goal of multiple attributes decision making problems is to select a perfect alternative. The existed methods pay attention to rank the alternatives and suggest a best alternative to decision makers. However, there is risk hiding on the priority order. When accepting the order, decision makers undertake the risk at the same time. It is unknown for decision makers. To show the advantages and disadvantages for each alternative, and the risk of a selection, we propose a possibility priority degree analyzing model. With this model, decision makers can be aware of the possibility of priority degree, similar degree and the priority risk, and then make decision. It will effectively reduce the decision risk and improve the decision efficiency.},
 year = {2018}
}

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TY  - JOUR
T1  - A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems
AU  - Mingming Hu
AU  - Xinmiao Ye
AU  - Jibin Lan
AU  - Fang Liu
Y1  - 2018/01/19
PY  - 2018
N1  - https://doi.org/10.11648/j.ebm.20180402.11
DO  - 10.11648/j.ebm.20180402.11
T2  - European Business & Management
JF  - European Business & Management
JO  - European Business & Management
SP  - 44
EP  - 54
PB  - Science Publishing Group
SN  - 2575-5811
UR  - https://doi.org/10.11648/j.ebm.20180402.11
AB  - A multiple attributes decision making model is wildly used and studied. The goal of multiple attributes decision making problems is to select a perfect alternative. The existed methods pay attention to rank the alternatives and suggest a best alternative to decision makers. However, there is risk hiding on the priority order. When accepting the order, decision makers undertake the risk at the same time. It is unknown for decision makers. To show the advantages and disadvantages for each alternative, and the risk of a selection, we propose a possibility priority degree analyzing model. With this model, decision makers can be aware of the possibility of priority degree, similar degree and the priority risk, and then make decision. It will effectively reduce the decision risk and improve the decision efficiency.
VL  - 4
IS  - 2
ER  -

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Author Information

Mingming Hu

College of Mathematics and Information Science, Guangxi University, Nanning, China
Xinmiao Ye

College of Mathematics and Information Science, Guangxi University, Nanning, China
Jibin Lan

College of Mathematics and Information Science, Guangxi University, Nanning, China
Fang Liu

College of Mathematics and Information Science, Guangxi University, Nanning, China

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APA Style

Mingming Hu, Xinmiao Ye, Jibin Lan, Fang Liu. (2018). A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems. European Business & Management, 4(2), 44-54. https://doi.org/10.11648/j.ebm.20180402.11

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ACS Style

Mingming Hu; Xinmiao Ye; Jibin Lan; Fang Liu. A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems. Eur. Bus. Manag. 2018, 4(2), 44-54. doi: 10.11648/j.ebm.20180402.11

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AMA Style

Mingming Hu, Xinmiao Ye, Jibin Lan, Fang Liu. A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems. Eur Bus Manag. 2018;4(2):44-54. doi: 10.11648/j.ebm.20180402.11

Copy | Download

@article{10.11648/j.ebm.20180402.11,
  author = {Mingming Hu and Xinmiao Ye and Jibin Lan and Fang Liu},
  title = {A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems},
  journal = {European Business & Management},
  volume = {4},
  number = {2},
  pages = {44-54},
  doi = {10.11648/j.ebm.20180402.11},
  url = {https://doi.org/10.11648/j.ebm.20180402.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ebm.20180402.11},
  abstract = {A multiple attributes decision making model is wildly used and studied. The goal of multiple attributes decision making problems is to select a perfect alternative. The existed methods pay attention to rank the alternatives and suggest a best alternative to decision makers. However, there is risk hiding on the priority order. When accepting the order, decision makers undertake the risk at the same time. It is unknown for decision makers. To show the advantages and disadvantages for each alternative, and the risk of a selection, we propose a possibility priority degree analyzing model. With this model, decision makers can be aware of the possibility of priority degree, similar degree and the priority risk, and then make decision. It will effectively reduce the decision risk and improve the decision efficiency.},
 year = {2018}
}

Copy | Download

TY  - JOUR
T1  - A Possibility Priority Degree Analyzing Process for Multiple Attributes Decision Making Problems
AU  - Mingming Hu
AU  - Xinmiao Ye
AU  - Jibin Lan
AU  - Fang Liu
Y1  - 2018/01/19
PY  - 2018
N1  - https://doi.org/10.11648/j.ebm.20180402.11
DO  - 10.11648/j.ebm.20180402.11
T2  - European Business & Management
JF  - European Business & Management
JO  - European Business & Management
SP  - 44
EP  - 54
PB  - Science Publishing Group
SN  - 2575-5811
UR  - https://doi.org/10.11648/j.ebm.20180402.11
AB  - A multiple attributes decision making model is wildly used and studied. The goal of multiple attributes decision making problems is to select a perfect alternative. The existed methods pay attention to rank the alternatives and suggest a best alternative to decision makers. However, there is risk hiding on the priority order. When accepting the order, decision makers undertake the risk at the same time. It is unknown for decision makers. To show the advantages and disadvantages for each alternative, and the risk of a selection, we propose a possibility priority degree analyzing model. With this model, decision makers can be aware of the possibility of priority degree, similar degree and the priority risk, and then make decision. It will effectively reduce the decision risk and improve the decision efficiency.
VL  - 4
IS  - 2
ER  -

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