WIKINDX Resources

Pamučar, D., Stević, Ž., & Sremac, S. (2018). A new model for determining weight coefficients of criteria in mcdm models: full consistency method (FUCOM). Symmetry, 10(9), 393. 
Added by: Klaus-admin (08 Jun 2019 06:43:01 Asia/Singapore)   Last edited by: Klaus D. Goepel (10 Jun 2019 04:23:11 Asia/Singapore)
Resource type: Journal Article
DOI: 10.3390/sym10090393
BibTeX citation key: Pamuar2018
Email resource to friend
View all bibliographic details
Categories: AHP/ANP, Decision Making
Subcategories: Decision making support systems
Keywords: criteria weights, FUCOM, full consistency method
Creators: Pamučar, Sremac, Stević
Publisher: MDPI
Collection: Symmetry
Views: 16/520
Views index: %
Popularity index: 37%
In this paper, a new multi-criteria problem solving method - the Full Consistency Method (FUCOM) - is proposed. The model implies the definition of two groups of constraints that need to satisfy the optimal values of weight coefficients. The first group of constraints is the condition that the relations of the weight coefficients of criteria should be equal to the comparative priorities of the criteria. The second group of constraints is defined on the basis of the conditions of mathematical transitivity. After defining the constraints and solving the model, in addition to optimal weight values, a deviation from full consistency (DFC) is obtained. The degree of DFC is the deviation value of the obtained weight coefficients from the estimated comparative priorities of the criteria. In addition, DFC is also the reliability confirmation of the obtained weights of criteria. In order to illustrate the proposed model and evaluate its performance, FUCOM was tested on several numerical examples from the literature. The model validation was performed by comparing it with the other subjective models (the BestWorst Method (BWM) and Analytic Hierarchy Process (AHP)), based on the pairwise comparisons of the criteria and the validation of the results by using DFC. The results show that FUCOM provides better results than the BWM and AHP methods, when the relation between consistency and the required number of the comparisons of the criteria are taken into consideration. The main advantages of FUCOM in relation to the existing multi-criteria decision-making (MCDM) methods are as follows: (1) a significantly smaller number of pairwise comparisons (only n  1), (2) a consistent pairwise comparison of criteria, and (3) the calculation of the reliable values of criteria weight coefficients, which contribute to rational judgment.
open access
wikindx 5.8.1 ©2019 | Total resources: 107 | Username: -- | Bibliography: WIKINDX Master Bibliography | Style: American Psychological Association (APA) | Database queries: 49 | DB execution: 0.15893 secs | Script execution: 0.90101 secs