scholarly journals Value-Based Decision to Redevelop Transportation Facilities: A Case Study of an Abandoned Airport

2021 ◽  
Vol 13 (9) ◽  
pp. 4959
Author(s):  
Beryl Wong Xin Xian ◽  
Yani Rahmawati ◽  
Al-Hussein Mohammed Hassan Al-Aidrous ◽  
Christiono Utomo ◽  
Noor Amila Wan Abdullah Zawawi ◽  
...  
Keyword(s):  
Decision Making ◽  
Descriptive Analysis ◽  
Valuable Alternative ◽  
Best Value ◽  
The Government ◽  
Increasing Demand ◽  
Decision Making Model ◽  
Hierarchy Process ◽  
Transportation Facilities

Value-based decision making is the consideration of function and cost in the decision to select the highest possible option. Reviews to previous studies showed that there is a lack of consideration of the criteria of value in the decision-making process. Hence, this research aims to identify the criteria for redeveloping transportation facilities based on function and cost. The ultimate goal of this research is to select the best value alternative for project redevelopment. An abandoned airport was chosen as the case study to evaluate the decision made by the government to invest in the project of transforming the abandoned airport into a hospital that aims to cater to the increasing demand for healthcare. A quantitative and qualitative approach was applied through literature review, survey, and interview to experts in the area of transportation facilities development. Statistical descriptive analysis was used to analyse the first survey, which was to investigate the critical factors under the category of function. The second survey was conducted to select the most valuable alternative for the redevelopment by utilising the Analytical Hierarchy Process (AHP), and it was found that the transportation hub is the most valuable alternative for redeveloping the abandoned airport. The result was then validated by an expert from the industry, and it can be concluded that the value-based decision-making model can be used in enhancing the decision of the redevelopment of transportation facilities by considering both function and cost.

scholarly journals THE POLYVOCALITY IN ACTION: EMBODYING THE EPIPHANY ON PUBLIC HOUSING CONUNDRUM

2020 ◽  
Vol 8 (4) ◽  
pp. 1396-1417
Author(s):  
Resi Ariyasa Qadri ◽  
Amrie Firmansyah
Keyword(s):  
Decision Making ◽  
Public Housing ◽  
Tacit Knowledge ◽  
Analytical Hierarchy Process ◽  
Multi Criteria Decision Making ◽  
Housing Provision ◽  
The Public ◽  
The Government ◽  
Decision Making Model ◽  
Hierarchy Process

Purpose of the study: This paper aims to elaborate on how the institutional logic of public housing provision transforms from the old logic into the new logic. By encapsulating tacit-knowledge from the shift, this study focuses on how to explicate a model of multi-criteria decision-making for executing official residence projects in Indonesia. This research also aims to recuperate the future of the public residency field. Methodology: The methodology employed was a mixed method. The qualitative method was firstly applied by utilizing semi-structured interviews to build a decision-making model. Later, a quantitative method was implemented to improve the consistency of the model by using the Analytical Hierarchy Process protocols. Thirteen project representatives and ten decision-makers were being involved as the main informants. Google Sheets web-based software was applied for analyzing survey results by making use of a mathematical model for the Analytical Hierarchy Process. Main Findings: The result indicates that land not used as paddy field, fair house price, safe from flood location, serene ambiance, and developer experience has played a significant part in affecting buying decisions for residency projects. To carry out the new method, the total scores of the AHP calculation should be above 50. Otherwise, the government shall opt for the old mechanism. Applications of this study: The paper contributes to the public sector accounting field in the area of asset management and public housing procurement. The paper also gives a strong basis for the field to make use of the model of Indonesia's public housing provision. The government can adopt the research framework for choosing the new model or the old one. Novelty/Originality of this study: This study might be the only one of its kind. The research was using a multi-method to achieve the objectives. To generate a multi-criteria decision-making model, grounded data of excessive interviews were abstracted. Then the abstracted tacit-knowledge was tested with AHP to provide a consistent model.

scholarly journals ANALYSIS OF BUSINESS STRATEGY DECISION MAKING IN INCREASING SALES OF WAROENG STEAK AND SHAKE BANDAR LAMPUNG

2020 ◽  
Vol 4 (03) ◽  
Author(s):  
M. Oktaviannur ◽  
Appin Purisky Redaputri ◽  
Meyta Ayunara ◽  
Hendri Dunan ◽  
Heylin Idelia Jayasinga
Keyword(s):  
Decision Making ◽  
Business Strategy ◽  
Descriptive Analysis ◽  
Analysis Method ◽  
Ahp Method ◽  
Internal Factors ◽  
Decision Making Model ◽  
Hierarchy Process ◽  
The City ◽  
System Methodology

The high competition in the steak restaurant business in the city of Bandar Lampung has an impact on the management of Waroeng Steak and Shake so that the income received fluctuates every month, this makes researchers aim to find out what alternative strategies are appropriate for Waroeng Steak and Shake and which strategies are become a priority for Waroeng Steak and Shake, Gatot Subroto Bandar Lampung Branch. This researcher uses descriptive analysis method and uses the Soft System Methodology (SSM) method and the Annalitical hierarchy Process (AHP) method. The results of this study indicate that there are five sub-criteria internal factors and external factors there are three sub-criteria. The results of the decision making model using AHP show that Goal in Waroeng Steak and Shake increases sales with the first priority strategy by creating more modern service changes in, developing new types of food, promoting via billboards and promoting word of mouth.modern in, developing types of food new, promotions via billboards and word of mouth promotions. Keywords: Business Strategy, Analytical Hierarchy Process (AHP), Decision Making

scholarly journals Аn example of different AHP structuring in a forest management problem

2016 ◽  
pp. 127-137
Author(s):  
Milena Lakicevic ◽  
Bojan Srdjevic ◽  
Ivaylo Velichkov ◽  
Zorica Srdjevic
Keyword(s):  
Decision Making ◽  
Forest Management ◽  
Analytic Hierarchy Process ◽  
Evaluation Procedure ◽  
Decision Making Process ◽  
Management Problem ◽  
Consistency Check ◽  
Analytic Hierarchy ◽  
Hierarchy Process

The paper investigates how different hierarchy structuring in analytic hierarchy process (AHP) may affect the final results in the decision-making process. This problem is analyzed in a case study of the Rila monastery forest stands in Bulgaria. There were three similar and mutually overlapped hierarchies defined. A decision maker evaluated all of them and after analyzing final results and consistency performance, he selected and revised the most appropriate hierarchy structure. Consistency check assisted in detecting the judgments which have strongly violated evaluation procedure. These mistakes are interpreted as a consequence of a large number of required pair-wise comparisons. The paper emphases the importance of properly defining hierarchy structure and recommends using consistency analysis as a guide and not as a directive for the revision of judgments.

Grey assessment and prediction of the financial agglomeration degree in central five cities

2014 ◽  
Vol 4 (1) ◽  
pp. 95-103 ◽  
Author(s):  
Li Li ◽  
Guo-hui Hu
Keyword(s):  
Decision Making ◽  
Scientific Development ◽  
Fuzzy Decision Making ◽  
Grey Prediction ◽  
Fuzzy Decision ◽  
Content Type ◽  
Multiple Dimension ◽  
The Government ◽  
Development Tendency ◽  
Decision Making Model

Purpose – At present, financial agglomeration tendency in domestic and foreign countries is increasingly evident. Therefore, from a comparative perspective, this paper aims to assess and predict the financial agglomeration degree in central five cities. Design/methodology/approach – According to the diversity of evaluating indexes and the uncertainty of financial agglomeration, this paper constructs a set of indexes of evaluating the financial agglomeration degree, comprehensively evaluates the financial agglomeration degree of the five cities – Wuhan, Changsha, Zhengzhou, Nanchang and Hefei – in China's middle region from 2001 to 2010 by using the multiple dimension grey fuzzy decision-making model, and predicts their development tendency by using the GM (1, 1, β) model. Findings – The results show that the multiple dimension grey fuzzy decision-making pattern cannot only be used to determine the weights of evaluating indexes, but also get the fuzzy partition and ranking order of the financial agglomeration in central five cities. The grey prediction results can objectively reflect the development tendency of the financial agglomeration in central five cities. Practical implications – From the results, it is necessary for any competitive city to clarify their relative strengths and weaknesses in order for the accurate location and scientific development, and it also provides a reference for the government decision-making. Originality/value – The paper succeeds in using the multiple dimension grey fuzzy decision-making model to measure the financial agglomeration degree of the five central cities and the grey prediction model to predict future trends.

Decision-Making Model for Convention Site Selection

2012 ◽  
Vol 538-541 ◽  
pp. 895-900 ◽  
Author(s):  
Han Chen Huang
Keyword(s):  
Decision Making ◽  
Site Selection ◽  
Political Conflict ◽  
Decision Makers ◽  
City Image ◽  
Analytic Hierarchy ◽  
Number Of Factors ◽  
Decision Making Model ◽  
Hierarchy Process

A number of factors must be considered when selecting a convention site. Typically, most selections are based on the decision makers’ knowledge and experience, which may lead to biased decisions based on the decision makers’ subjective judgment. This study establishes decision-making evaluation factors and attributes for convention site selection based on a literature review. After surveying experts’ opinions using questionnaires, we employed the fuzzy analytic hierarchy process (FAHP) to analyze the weighting of the factors and attributes. The results show that of the five evaluation factors, site environment is the most important, followed by meeting and accommodation facilities, local support, extraconference opportunities, and costs. Additionally, the five most important attributes among the 20 evaluation attributes are the suitability of convention facilities, suitability and quality of local infrastructure, climate, city image, and political conflict or terrorist threats.

Fuzzy Analytic Hierarchy Process and Its Application to E-Marketplace Selection

2013 ◽  
pp. 26-44 ◽  
Author(s):  
Beyza Ahlatcioglu Ozkok ◽  
Elisa Pappalardo
Keyword(s):  
Decision Making ◽  
Analytic Hierarchy Process ◽  
Fuzzy Ahp ◽  
Multi Criteria Decision Making ◽  
Linguistic Variables ◽  
Analytic Hierarchy ◽  
Multi Attribute Decision Making ◽  
Electronic Parts ◽  
Hierarchy Process

Making decisions is a part of daily life. The nature of decision-making includes multiple and usually conflicting criteria. Multi Criteria Decision-Making (MCDM) problems are handled under two main headings: Multi Attribute Decision Making (MADM) and Multi Objective Decision Making (MODM). Analytic Hierarchy Process (AHP) is a widely used multi-criteria decision making approach and has successfully been applied to many practical problems. Traditional AHP requires exact or crisp judgments (numbers). However, due to the complexity and uncertainty involved in real world decision problems, decision makers might be more reluctant to provide crisp judgments than fuzzy ones. Furthermore, even when people use the same words, individual judgments of events are invariably subjective, and the interpretations that they attach to the same words may differ. This is why fuzzy numbers and fuzzy sets have been introduced to characterize linguistic variables. Here, the authors overview the most known fuzzy AHP approaches and their application, and they present a case study to select an e-marketplace for a firm, which produces and sells electronic parts of computers in Turkey.

Fuzzy multi-criteria decision-making: An entropy-based approach to assess tourism sustainability

2019 ◽  
pp. 135481661988520
Author(s):  
Joseph Andria ◽  
Giacomo di Tollo ◽  
Raffaele Pesenti
Keyword(s):  
Decision Making ◽  
Evaluation Criteria ◽  
Multiple Criteria Decision Making ◽  
Data Envelopment ◽  
Analytic Hierarchy ◽  
Entropy Maximization ◽  
Tourist Destinations ◽  
Hierarchy Process ◽  
Direct Applicability

In this article, we propose a method for ranking tourist destinations and evaluating their performances under a sustainability perspective: a fuzzy multiple criteria decision-making method is applied for determining sustainability performance values and ranking destinations accordingly. We select a set of sustainability evaluation criteria and use a fuzzy analytic hierarchy process to weight the selected criteria. We also optimize each evaluator’s membership function support by means of a fuzzy entropy maximization criteria. A case study is illustrated and results are compared with two data envelopment analysis–based models. The simplicity of the proposed approach along with the easy readability of the results allow its direct applicability for all involved stakeholders.

scholarly journals Use of Analytic Hierarchy Process for Wind Farm Installation Region Prioritization–Case Study

Energies ◽  
2020 ◽  
Vol 13 (9) ◽  
pp. 2284 ◽  
Author(s):  
Rômulo Lemos Bulhões ◽  
Eudemário Souza de Santana ◽  
Alex Álisson Bandeira Santos
Keyword(s):  
Decision Making ◽  
Analytic Hierarchy Process ◽  
Wind Farm ◽  
Greenhouse Gas Emission ◽  
Wind Farms ◽  
Clean Energy ◽  
Poor Quality ◽  
Analytic Hierarchy ◽  
Hierarchy Process

Electricity generation via renewable sources is emerging as a possible solution to meet the growing demand for electricity worldwide. Additionally, the need to produce clean energy, with little or no pollutants or greenhouse gas emission is paramount. Due to these factors, wind farms are noticeably increasing in number, especially in Brazil. However, the vast size of the country and the poor quality of its infrastructure are among several factors that make it difficult for effective decision-making to accelerate the growth of this segment in Brazil. With the purpose of assisting government agencies, regulatory agencies and other institutions in this area, the use of a multi-criteria selection method called the analytic hierarchy process is proposed here to assist in decision-making and to select priority regions for implementing wind farms. This work focuses on a case study of the state of Bahia, in which 27 territories were selected for an installation priority evaluation. Computational tools were used to hierarchize these chosen territories, including Matlab, for the construction of the computational algorithm. The results indicate the priority pf the regions according to the established criteria, which allows installation locations to be mapped—these could serve as a basis for regional investment.

scholarly journals A Novel Neutrosophic Data Analytic Hierarchy Process for Multi-Criteria Decision Making Method: A Case Study in Kuala Lumpur Stock Exchange

IEEE Access ◽  
2019 ◽  
Vol 7 ◽  
pp. 53687-53697 ◽  
Author(s):  
Desmond Jun Yi Tey ◽  
Yee Fei Gan ◽  
Ganeshsree Selvachandran ◽  
Shio Gai Quek ◽  
Florentin Smarandache ◽  
...  
Keyword(s):  
Decision Making ◽  
Analytic Hierarchy Process ◽  
Stock Exchange ◽  
Multi Criteria Decision Making ◽  
Kuala Lumpur ◽  
Analytic Hierarchy ◽  
Hierarchy Process ◽  
Data Analytic
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