Robustness of the multi‐objective MOORA method with a test for the facilities sector
By Willem Karel M. Brauers, Edmundas Kazimieras Zavadskas. 2009
209 citations recorded by the source corpus.
Abstract The definition of robustness in econometrics, the error term in a linear equation, was not only broadened, but in addition moved to the meaning of common language: from a cardinal to a qualitative one. These interpretations were tested by an application on the Facilities Sector in Lithuania. The application is multi‐objective: like costs, experience and effectiveness at the side of the contractors; quality, duration of the work and cost price at the side of the owners. These objectives having all different units the dimensionless ratios of the MOORA method avoids the difficulties of normalization. In a first part of MOORA these ratios were aggregated and in a second one they were used as distances to a reference point. The results of both parts control each other, a test on robustness. Additionally, MOORA shows a robust domination on all other methods of multi‐objective optimization. For the Facilities Sector in Lithuania, both parts of MOORA resulted in a comparable ranking. In this way a double...
Subfields: Management Science and Operations Research
View Paper: https://www.semanticscholar.org/paper/a56bbbba6c2743d5f650db03e260de9c4e15de9e
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Management Science and Operations Research
- Tomas Balezentis
- Alvydas Balezentis
- Dragisa Stanujkic
- Sanja Stojanovic
- Nedeljko Magdalinovic
- Rodoljub Jovanovic
- Willem Karel M. Brauers
- Edmundas Kazimieras Zavadskas
Citations in the corpus
- Multimoora for the EU member states updated with fuzzy number theory (2011, methodology): “Numerous examples of application of these methods are present (Brauers et al. 2007, 2008, 2010; Brauers and Ginevičius 2009, 2010; Brauers and Zavadskas 2009a, 2009b; Baležentis and Baležentis 2010; Baležentis et al. 2010; Chakraborty 2010).”
- An objective multi-criteria approach to optimization using MOORA method and interval grey numbers (2012, methodology): “After considering the most important reference point metrics, Brauers and Zavadskas (2006, 2009), Brauers et al.”