Compatibility and correlation of multi-attribute decision making: a case of industrial relocation
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional da UNESP |
Texto Completo: | http://dx.doi.org/10.1007/s10479-022-04603-9 http://hdl.handle.net/11449/223530 |
Resumo: | Industrial relocation (IR) is a business strategy consisting of moving operations locations. The purpose of this paper is to present how to assess, with multi-attribute decision-making (MADM), alternatives for IR. With MADM, IR strategies can be assessed not only based on a single attribute, as costs, or profits. This paper presents the application of MADM in a real case of IR. Four leading methods of MADM were applied: analytic hierarchy process (AHP), multi-attribute utility theory (MAUT), multi-attribute value theory (MAVT), and technique of order preference by similarity to ideal solution (TOPSIS). Results of AHP, MAUT, MAVT, and TOPSIS were quite similar, indicating the decision for the company not to relocate. A joint comparison of results with compatibility indices and correlation coefficients is the major novelty presented by this paper to the field of Operations Research, known as MADM. |
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Compatibility and correlation of multi-attribute decision making: a case of industrial relocationAnalytic hierarchy processCompatibilityCorrelationIndustrial relocationMulti-attribute utility theoryTechnique of order preference by similarity to ideal solutionIndustrial relocation (IR) is a business strategy consisting of moving operations locations. The purpose of this paper is to present how to assess, with multi-attribute decision-making (MADM), alternatives for IR. With MADM, IR strategies can be assessed not only based on a single attribute, as costs, or profits. This paper presents the application of MADM in a real case of IR. Four leading methods of MADM were applied: analytic hierarchy process (AHP), multi-attribute utility theory (MAUT), multi-attribute value theory (MAVT), and technique of order preference by similarity to ideal solution (TOPSIS). Results of AHP, MAUT, MAVT, and TOPSIS were quite similar, indicating the decision for the company not to relocate. A joint comparison of results with compatibility indices and correlation coefficients is the major novelty presented by this paper to the field of Operations Research, known as MADM.Department of Production Sao Paulo State University, Av. Ariberto P. Cunha 333, SPDepartment of Productivity and Innovation Universidad de la Costa CUC, 58th Street # 55-66Department of Engineering University of Naples Parthenope, Isola C4, Centro Direzionale, NADepartment of Production Sao Paulo State University, Av. Ariberto P. Cunha 333, SPUniversidade Estadual Paulista (UNESP)Universidad de la Costa CUCUniversity of Naples ParthenopeMartino Neto, Jose [UNESP]Salomon, Valerio Antonio Pamplona [UNESP]Ortiz-Barrios, Miguel AngelPetrillo, Antonella2022-04-28T19:51:17Z2022-04-28T19:51:17Z2022-01-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://dx.doi.org/10.1007/s10479-022-04603-9Annals of Operations Research.1572-93380254-5330http://hdl.handle.net/11449/22353010.1007/s10479-022-04603-92-s2.0-85125375104Scopusreponame:Repositório Institucional da UNESPinstname:Universidade Estadual Paulista (UNESP)instacron:UNESPengAnnals of Operations Researchinfo:eu-repo/semantics/openAccess2022-04-28T19:51:17Zoai:repositorio.unesp.br:11449/223530Repositório InstitucionalPUBhttp://repositorio.unesp.br/oai/requestopendoar:29462024-08-05T20:36:58.736392Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)false |
dc.title.none.fl_str_mv |
Compatibility and correlation of multi-attribute decision making: a case of industrial relocation |
title |
Compatibility and correlation of multi-attribute decision making: a case of industrial relocation |
spellingShingle |
Compatibility and correlation of multi-attribute decision making: a case of industrial relocation Martino Neto, Jose [UNESP] Analytic hierarchy process Compatibility Correlation Industrial relocation Multi-attribute utility theory Technique of order preference by similarity to ideal solution |
title_short |
Compatibility and correlation of multi-attribute decision making: a case of industrial relocation |
title_full |
Compatibility and correlation of multi-attribute decision making: a case of industrial relocation |
title_fullStr |
Compatibility and correlation of multi-attribute decision making: a case of industrial relocation |
title_full_unstemmed |
Compatibility and correlation of multi-attribute decision making: a case of industrial relocation |
title_sort |
Compatibility and correlation of multi-attribute decision making: a case of industrial relocation |
author |
Martino Neto, Jose [UNESP] |
author_facet |
Martino Neto, Jose [UNESP] Salomon, Valerio Antonio Pamplona [UNESP] Ortiz-Barrios, Miguel Angel Petrillo, Antonella |
author_role |
author |
author2 |
Salomon, Valerio Antonio Pamplona [UNESP] Ortiz-Barrios, Miguel Angel Petrillo, Antonella |
author2_role |
author author author |
dc.contributor.none.fl_str_mv |
Universidade Estadual Paulista (UNESP) Universidad de la Costa CUC University of Naples Parthenope |
dc.contributor.author.fl_str_mv |
Martino Neto, Jose [UNESP] Salomon, Valerio Antonio Pamplona [UNESP] Ortiz-Barrios, Miguel Angel Petrillo, Antonella |
dc.subject.por.fl_str_mv |
Analytic hierarchy process Compatibility Correlation Industrial relocation Multi-attribute utility theory Technique of order preference by similarity to ideal solution |
topic |
Analytic hierarchy process Compatibility Correlation Industrial relocation Multi-attribute utility theory Technique of order preference by similarity to ideal solution |
description |
Industrial relocation (IR) is a business strategy consisting of moving operations locations. The purpose of this paper is to present how to assess, with multi-attribute decision-making (MADM), alternatives for IR. With MADM, IR strategies can be assessed not only based on a single attribute, as costs, or profits. This paper presents the application of MADM in a real case of IR. Four leading methods of MADM were applied: analytic hierarchy process (AHP), multi-attribute utility theory (MAUT), multi-attribute value theory (MAVT), and technique of order preference by similarity to ideal solution (TOPSIS). Results of AHP, MAUT, MAVT, and TOPSIS were quite similar, indicating the decision for the company not to relocate. A joint comparison of results with compatibility indices and correlation coefficients is the major novelty presented by this paper to the field of Operations Research, known as MADM. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-04-28T19:51:17Z 2022-04-28T19:51:17Z 2022-01-01 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://dx.doi.org/10.1007/s10479-022-04603-9 Annals of Operations Research. 1572-9338 0254-5330 http://hdl.handle.net/11449/223530 10.1007/s10479-022-04603-9 2-s2.0-85125375104 |
url |
http://dx.doi.org/10.1007/s10479-022-04603-9 http://hdl.handle.net/11449/223530 |
identifier_str_mv |
Annals of Operations Research. 1572-9338 0254-5330 10.1007/s10479-022-04603-9 2-s2.0-85125375104 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Annals of Operations Research |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.source.none.fl_str_mv |
Scopus reponame:Repositório Institucional da UNESP instname:Universidade Estadual Paulista (UNESP) instacron:UNESP |
instname_str |
Universidade Estadual Paulista (UNESP) |
instacron_str |
UNESP |
institution |
UNESP |
reponame_str |
Repositório Institucional da UNESP |
collection |
Repositório Institucional da UNESP |
repository.name.fl_str_mv |
Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP) |
repository.mail.fl_str_mv |
|
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1808129227679072256 |