About: Cost and Benefit Criteria in MCDM Models

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An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	Both cost and benefit criteria are being used in multiple criteria decision-making (MCDM) models. For more reasons (e.g. computational comfort or methods’ algorithms programming) it could be more convenient to work with a unified type of the criteria; usually, the benefit type of the criteria is used for such a purpose. That is why some procedures for the transformation of cost criteria to benefit criteria are necessary to be used. Unfortunately, these procedures are usually outside of the MCDM methods’ algo-rithms. The problem is that some combinations of criteria transformation method and the MCDM method provide incorrect results of the original MCDM model and so they cannot be used. In this paper we focus on several frequently used MCDM methods. We analyze and verify their correctness from the point of view of criteria type transformation procedures in order to decision-makers can avoid the distortion of the MCDM analysis results. Both cost and benefit criteria are being used in multiple criteria decision-making (MCDM) models. For more reasons (e.g. computational comfort or methods’ algorithms programming) it could be more convenient to work with a unified type of the criteria; usually, the benefit type of the criteria is used for such a purpose. That is why some procedures for the transformation of cost criteria to benefit criteria are necessary to be used. Unfortunately, these procedures are usually outside of the MCDM methods’ algo-rithms. The problem is that some combinations of criteria transformation method and the MCDM method provide incorrect results of the original MCDM model and so they cannot be used. In this paper we focus on several frequently used MCDM methods. We analyze and verify their correctness from the point of view of criteria type transformation procedures in order to decision-makers can avoid the distortion of the MCDM analysis results. (en)
Title	Cost and Benefit Criteria in MCDM Models Cost and Benefit Criteria in MCDM Models (en)
skos:prefLabel	Cost and Benefit Criteria in MCDM Models Cost and Benefit Criteria in MCDM Models (en)
skos:notation	RIV/60460709:41110/10:47382!RIV11-MSM-41110___
http://linked.open...avai/riv/aktivita	Z
http://linked.open...avai/riv/aktivity	Z(MSM6046070904)
http://linked.open...vai/riv/dodaniDat	2011
http://linked.open...aciTvurceVysledku	Houška, Milan Houšková Beránková, Martina Dömeová, Ludmila
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Česká zemědělská univerzita v Praze / Provozně ekonomická fakulta
http://linked.open...dnocenehoVysledku	252232
http://linked.open...ai/riv/idVysledku	RIV/60460709:41110/10:47382
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	multiple-criteria decision-making, cost criteria, benefit criteria, criteria type transformation (en)
http://linked.open.../riv/klicoveSlovo	benefit criteria cost criteria criteria type transformation multiple-criteria decision-making
http://linked.open...ontrolniKodProRIV	[912A7469487F]
http://linked.open...v/mistoKonaniAkce	České Budějovice, Česká republika
http://linked.open...i/riv/mistoVydani	České Budějovice, Česká republika
http://linked.open...i/riv/nazevZdroje	MME 2010 part I
http://linked.open...in/vavai/riv/obor	BC
http://linked.open...ichTvurcuVysledku	3 (xsd:int)
http://linked.open...cetTvurcuVysledku	3 (xsd:int)
http://linked.open...UplatneniVysledku	2010
http://linked.open...iv/tvurceVysledku	Dömeová, Ludmila Houška, Milan Houšková Beránková, Martina
http://linked.open...vavai/riv/typAkce	WRD - Světová
http://linked.open...ain/vavai/riv/wos	000287979900010
http://linked.open.../riv/zahajeniAkce	2010-09-08 (xsd:date)
http://linked.open...n/vavai/riv/zamer	Information and knowledge support of strategic management
number of pages	6 (xsd:int)
http://purl.org/ne...btex#hasPublisher	University of South Bohemia in České Budějovice
https://schema.org/isbn	978-80-7394-218-2
http://localhost/t...ganizacniJednotka	41110

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