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Rank similarity based MADM method selection

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

13 Citations (Scopus)

Abstract

Selecting the most suitable Multiple Attribute Decision Making (MADM) method for a given MADM problem is a challenge for the decision maker. When there are several suitable MADM methods available for the problem, the challenge is even greater. We present a novel MADM method selection approach based on the Spearman's rank correlation. The approach will help the decision maker in selecting the most preferred MADM method from a set of suitable and acceptable methods. The most preferred MADM method is the one that produces the most preferred outcome. The most preferred outcome is the one which is closest to all other outcomes. The closeness between the ranking outcomes are measured in terms of the similarity between them.

Original languageEnglish
Title of host publication2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)
Place of PublicationLos Alamitos, United States of America
PublisherInstitute of Electrical and Electronics Engineers (IEEE)
Pages1-6
ISBN (Print)9781467315821, 9781467315814
DOIs
Publication statusPublished - 31 Dec 2012
EventICSSBE 2012: International Conference on Statistics in Science, Business and Engineering 2012 - Langkawi, Malaysia
Duration: 10 Sept 2012 → 12 Sept 2012

Conference

ConferenceICSSBE 2012: International Conference on Statistics in Science, Business and Engineering 2012
CityLangkawi, Malaysia
Period10/09/12 → 12/09/12

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