Journal
COMPUTERS & INDUSTRIAL ENGINEERING
Volume 58, Issue 4, Pages 544-552Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.cie.2009.12.001
Keywords
Stochastic multiple criteria decision-making; Stochastic dominance; Stochastic dominance degree; Ranking
Funding
- National Science Foundation of China [70525002, 70721001, 70701008, 90924016]
- National Postdoctoral Foundation of China [200801394]
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In this paper, a novel method based on the stochastic dominance degree (SDD) is proposed to solve a discrete stochastic multiple criteria decision-making (MCDM) problem. Firstly, a concept of stochastic dominance degree is introduced to describe the degree that one alternative dominates another when the SD relation for each pair of alternatives is determined, and a computation formula of the SDD is given. Then, by calculating SDDs, the SDD matrix on pairwise comparisons of alternatives with respect to each criterion is built. Furthermore, the SDD matrices with respect to all the criteria are aggregated into an overall SDD matrix using the simple additive weighting method. Based on the overall SDD matrix, an approach based on the idea of the PROMETHEE-II is developed to obtain the ranking result of alternatives. Finally, two numerical examples are used to illustrate the applicability and effectiveness of the proposed method. (C) 2009 Elsevier Ltd. All rights reserved.
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