Document Type
Article
Publication Date
5-14-2018
DOI
https://doi.org/10.1007/s40092-018-0268-4
Abstract
In this study, we propose a three-stage weighted sum method for identifying the group ranks of alternatives. In the first stage, a rank matrix, similar to the cross-efficiency matrix, is obtained by computing the individual rank position of each alternative based on importance weights. In the second stage, a secondary goal is defined to limit the vector of weights since the vector of weights obtained in the first stage is not unique. Finally, in the third stage, the group rank position of alternatives is obtained based on a distance of individual rank positions. The third stage determines a consensus solution for the group so that the ranks obtained have a minimum distance from the ranks acquired by each alternative in the previous stage. A numerical example is presented to demonstrate the applicability and exhibit the efficacy of the proposed method and algorithms.
Language
English
Recommended Citation
Aghayi, Nazila and Tavana, Madjid, "A novel three-stage distance-based consensus ranking method" (2018). Business Systems and Analytics Faculty Work. 7.
https://digitalcommons.lasalle.edu/bsa_faculty/7
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Included in
Business Analytics Commons, Technology and Innovation Commons, Theory and Algorithms Commons
Comments
This article is the authors' final published version in Journal of Industrial Engineering, Volume 15, Issue 2019, May 14, 2018, Pages 17-24.
The published version is available at https://doi.org/10.1007/s40092-018-0268-4. Copyright © Aghayi and Tavana.