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Using the FITradeoff Method for Solving a Truck Acquisition Problem at a Midsize Carrier

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Decision Support Systems XII: Decision Support Addressing Modern Industry, Business, and Societal Needs (ICDSST 2022)

Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 447))

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Abstract

The study demonstrates the flexible functioning of the FITradeoff method that integrates the Holistic Evaluation with the Elicitation by Decomposition. For that purpose, the new features of the FITradeoff method in which integrates the two paradigms of preference modeling have been explored to solve a real multi-criteria decision problem. In this paper, a truck acquisition problem, at a midsize carrier faced with an uncertain and turbulent scenario due to the Coronavirus pandemic, was solved using the FITradeoff method. In this problem, seven criteria were considered to represent the Decision-Maker objectives. Also, six trucks (alternatives) have been examined by the Decision-Maker (Financial Director). The FITradeoff DSS supported the company as to obtain, through the combination of Holistic Evaluation and Elicitation by Decomposition, a ranking of all the trucks based on the preferences expressed during the decision process to ensure lower costs and higher profits in the long run, also guaranteeing a quicker (more efficient) resolution of the problem.

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Acknowledgment

This work had partial support from the Brazilian Research Council (CNPq) [grant 308531/2015–9;312695/2020–9] and the Foundation of Support in Science and Technology of the State of Pernambuco (FACEPE) [APQ-0484–3.08/17].

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Authors and Affiliations

  1. Center for Decision Systems and Information Development (CDSID), Universidade Federal de Pernambuco, Recife, PE, Brazil

    Mariana Wanderley Cyreno, Lucia Reis Peixoto Roselli & Adiel Teixeira de Almeida

Authors
  1. Mariana Wanderley Cyreno
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  2. Lucia Reis Peixoto Roselli
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  3. Adiel Teixeira de Almeida
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Corresponding author

Correspondence to Lucia Reis Peixoto Roselli .

Editor information

Editors and Affiliations

  1. Federal University of Pernambuco, Recife, Brazil

    Ana Paula Cabral Seixas Costa

  2. University of Macedonia, Thessaloniki, Greece

    Jason Papathanasiou

  3. Loughborough University, Loughborough, UK

    Uchitha Jayawickrama

  4. Ecole des Mines d'Albi, Albi, France

    Daouda Kamissoko

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Cyreno, M.W., Roselli, L.R.P., de Almeida, A.T. (2022). Using the FITradeoff Method for Solving a Truck Acquisition Problem at a Midsize Carrier. In: Cabral Seixas Costa, A.P., Papathanasiou, J., Jayawickrama, U., Kamissoko, D. (eds) Decision Support Systems XII: Decision Support Addressing Modern Industry, Business, and Societal Needs. ICDSST 2022. Lecture Notes in Business Information Processing, vol 447. Springer, Cham. https://doi.org/10.1007/978-3-031-06530-9_11

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  • DOI: https://doi.org/10.1007/978-3-031-06530-9_11

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-06529-3

  • Online ISBN: 978-3-031-06530-9

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