Abstract
Objective evaluation in real-life decision problems requiring considering many contrasting criteria is quite a challenge for the decision-maker. This paper presents an approach employing several MCDA methods to objectify the multi-criteria assessment procedure in the camera selection problem. The proposed approach includes a comparative analysis of four MCDA methods, namely the Preference Ranking Organization METHod for Enrichment of Evaluations (PROMETHEE II), the Multi-Attributive Border Approximation area Comparison method (MABAC), the Evaluation based on Distance from Average Solution method (EDAS) and the Multi-Objective Optimization Method by Ratio Analysis method (MOORA), applied with two objective criterion weighting methods. The similarity of the rankings provided by the employed MCDA methods was determined using two ranking correlation coefficients. In addition, a compromise ranking strategy called the Dominance-Directed Graph was applied to obtain a single reliable ranking. The performed research confirmed the significance of the appropriate selection of multi-criteria decision-making methods for the solved problem and the relevance of benchmarking in method selection and construction of objective rankings of alternatives.
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Acknowledgements
The work was supported by the project financed within the framework of the program of the Minister of Science and Higher Education under the name “Regional Excellence Initiative” in the years 2019–2022, Project Number 001/RID/2018/19; the amount of financing: PLN 10.684.000,00 (A.B. and J.W.) and by the National Science Centre, Decision number UMO-2018/29/B/HS4/02725 (B.K. and W.S.).
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Bączkiewicz, A., Wątróbski, J., Kizielewicz, B., Sałabun, W. (2022). Towards Reliable Results - A Comparative Analysis of Selected MCDA Techniques in the Camera Selection Problem. In: Ziemba, E., Chmielarz, W. (eds) Information Technology for Management: Business and Social Issues. FedCSIS-AIST ISM 2021 2021. Lecture Notes in Business Information Processing, vol 442. Springer, Cham. https://doi.org/10.1007/978-3-030-98997-2_7
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