• DocumentCode
    518798
  • Title

    Method of dynamic multi-criteria decision-making based on integration of absolute and relative differences

  • Author

    Qing-Xing, Dong ; Ya-Jun, Guo ; Zhi-Yong, He

  • Author_Institution
    Sch. of Bus. Adm., Northeastern Univ.(NEU), Shenyang, China
  • Volume
    1
  • fYear
    2010
  • fDate
    27-29 March 2010
  • Firstpage
    353
  • Lastpage
    356
  • Abstract
    Most of the traditional dynamic multi-criteria decision-making methods utilize only differences of the systems´ evaluation values (which can be called absolute difference), then the conclusion of the evaluation is unfair to some evaluated objects. In consideration of disadvantages of the traditional method, a new method based on integration of absolute and relative differences is suggested. In this method, differences of systems´ developing status (relative difference) are taken into consideration. So more information can be put in and then produced out so as to approach reality closer. And also both the subjective and objective information are integrated. Finally, a numerical example was given to illustrate the effectiveness of the proposed method.
  • Keywords
    decision making; decision theory; numerical analysis; operations research; absolute difference; dynamic multicriteria decision making; relative difference; systems evaluation value; Decision making; Time series analysis; absolute difference; dynamic multi-criteria decision-making; integration of subjectivity and objectivity; relative difference;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Advanced Computer Control (ICACC), 2010 2nd International Conference on
  • Conference_Location
    Shenyang
  • Print_ISBN
    978-1-4244-5845-5
  • Type

    conf

  • DOI
    10.1109/ICACC.2010.5486986
  • Filename
    5486986