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PAIRWISE JUDGMENTS CONSISTENCY IMPACT ON QUALITY OF MULTI-CRITERIA GROUP DECISION-MAKING WITH AHP

Pawel Tadeusz Kazibudzki, Jiří Křupka

Presumably complex systems can be better understood when they are broken down into their constituent elements and structured hierarchically. Then, judgments about these elements can be synthesized on the basis of their relative importance at each level of the hierarchy into a set of overall priorities. By breaking down a reality into homogenous clusters and subdividing them into smaller ones, it is possible to integrate large amounts of information into the structure of a problém and form a more comprehensive picture of the whole system. There is a decision support methodology (DSM) which conforms to the above prescription. It is called the Analytic Hierarchy Process (AHP) and was devised at the Wharton School of Business by Thomas Saaty (1980). Its contemporary applications can be found, for example in Lidinska and Jablonsky (2018), Abdelmaguid and Elrashidy (2016), Kramulová and Jablonský (2016), and Ponis et al. (2015).
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A FRAMEWORK FOR VALUATION AND PRIORITIZATION OF PATENTS USING A COMBINED MADM APPROACH. CASE STUDY: NANOTECHNOLOGY

Jalil Heidary Dahooie, Navid Mohammadi, Mehdi Mohammadi, Parisa Shahmohammadi, Zenonas Turskis, Jonas Šaparauskas

Intangible assets play a significant role in other areas, in particular, developing the stratégy and creating a patent portfolio for organizations (Wang, García, Guijarro, & Moya, 2011). In general, innovation can be considered as the engine for developing enterprise competitiveness. To this end, the research and development unit of organizations is focused on inventions and their legal protection (Lee, Park, & Jang, 2015). Today, a significant portion of the assets of organizations is intangible assets (Bishop, 2003). Intellectual property is typically defined as a set of products that are protected under the laws relating to patents, copyrights, trademarks, and trade secrets (Kumar, 1994). Studies show that three main advantages of patents, which add to the importance of their registration, are to encourage the creation of knowledge and innovation, to maintain knowledge in the organization, and to protect identity and characteristics of change (Kumar, 1994).
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AN EXPANDED CONCEPTUALIZATION OF “SMART” CITIES: ADDING VALUE WITH FUZZY COGNITIVE MAPS

Bárbara P. Miguel, Fernando A. F. Ferreira, Audrius Banaitis, Nerija Banaitienė, Ieva Meidutė-Kavaliauskienė, Pedro F. Falcão

The world’s population continues to increase rapidly, and, within the next 30 years, more than half of all people will choose to live in large urban centers (Faria et al., 2018). This has led to a number of problems, such as congested people and transportation traffic and increased pollution that produces climate change. The concept of “smart” cities has emerged as a way to deal with these issues, in which these cities are defined as an ecosystem that seeks to improve citizens’ quality of life through a combination of technology, sustainability, and physical infrastructures (Estrada et al., 2018). Smart cities have to use new technologies ranging from the Internet of Things (IoT), which facilitates connections between everything, to home automation (i.e., the ease with which citizens can manage daily routines through their homes).
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AN EVALUATION MODEL OF BUSINESS INTELLIGENCE FOR ENTERPRISE SYSTEMS WITH NEW EXTENSION OF CODAS (CODAS-IVIF)

Jalil Heidary Dahooei, Edmundas Kazimieras Zavadskas, Amir Salar Vanaki, Hamid Reza Firoozfar, Mehdi Keshavarz-Ghorabaee

Nowadays, organizations may deal with a variety of issues challenging the decision making such as overflow of data, lack of information, lack of knowledge and insufficiency of reports (Lin, Tsai, Shiang, Kuo, & Tsai, 2009). Over the years, management information systems including DSS, ES, EIS, and so on have been widely supported companies with their decisions; however, a key missing capability to manage decisions for emergencies, monitoring competition, collect data from different points of views, and carrying out constant analyses of numerous data and consider different variants of organization performance, is the major cause of failure to adequately meet the needs of enterprise decision-makers (Olszak & Ziemba, 2007). Given the widespread changes and the dynamics of today’s environment, organizations need to use new information systems that can analyse the various causal relationships both within and outside the organization. Hence they move towards using business intelligence (Gangadharan & Swami, 2004; Duan & Da Xu, 2012).
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PREDICTING BANKRUPTCY OF MANUFACTURING COMPANIES IN EU

Václav Klepáč, David Hampel

The best defense against existential problems of a company appears to be good financial health, based on a satisfactory financial situation. If, however, considerably weakened, the company gets into financial distress, which may turn into a financial crisis and end up in bankruptcy. The primary means, by which we would be informed about the condition of the enterprise, are bookkeeping data of a company. From there, based on financial analysis, we can identify scenarios leading to good management decisions and, consequently, to the financial health of the company.
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MULTI-CRITERIA GROUP DECISION-MAKING USING AN EXTENDED EDAS METHOD WITH INTERVAL TYPE-2 FUZZY SETS

Mehdi Keshavarz Ghorabaee, Maghsoud Amiri, Edmundas Kazimieras Zavadskas, Zenonas Turskis

Multi-criteria decision-making (MCDM), which is a sub-discipline of operations research (OR), includes many methods and problems, which are related to many fields such as economy, engineering, military and management (Zavadskas et al., 2014; Lazauskas et al., 2015; Tošenovský, 2015). There are different classifications of MCDM problems and methods. We can classify them as multi-criteria evaluation problems and multi-criteria design problems (Chakraborty et al., 2015; Triantaphyllou, 2013).
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SUCCESS EVALUATION MODEL FOR PROJECT MANAGEMENT

Radek Doskočil, Stanislav Škapa, Petra Olšová

The need for effective planning and management is on the increase along with the increasing complexity and laboriousness of making changes or creating new value. Project management is an ideal tool in this respect (Schwable,2011; Bočková et al., 2005). The risks associated with deadlines or budgets are extremely serious. Problems of project modelling and simulation are highly topical at the present time, because the application of project management principles is expanding into further areas – change management (Cummings et al., 2016; Yin-xiang, 2013), crisis management (Wimelius & Engberg, 2015), innovation management (Balkienė, 2013; Dudzevičiūtė & Tvaronavičienė, 2011; Grossmann, 2009), etc. – which have only very basic features of projects.
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A NOVEL SORTING METHOD TOPSIS-SORT: AN APPLICATION FOR TEHRAN ENVIRONMENTAL QUALITY EVALUATION

Hassanali Faraji Sabokbar, Ali Hosseini, Audrius Banaitis, Nerija Banaitiene

Multiple Criteria Decision Making (MCDM) is all about making choices in the presence of multiple, generally conflicting criteria. Many reallife problems are multi-objective by nature that requires evaluation of more than one criterion. Therefore, MCDM has become an important issue and many researches are devoted to help people make better decision (Montibeller & Franco, 2011; Wang et al., 2015).
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AN APPROACH TO MEASURING WEBSITE QUALITY IN THE RURAL TOURISM INDUSTRY BASED ON ATANASSOV INTUITIONISTIC FUZZY SETS

Dragisa Stanujkic, Edmundas Kazimieras Zavadskas, Jolanta Tamošaitienė

Tourism is a very important industry in today’s global economy. Tourism also stimulates other industries significantly. The analysis of south-eastern European countries provides the initial framework for benchmarking the tourism performance of different countries, and determination of objectives and strategies for improving tourism competitiveness. The quality aspect leads to the success of tourism development is any destination. It is one of the sustainable tourism development.
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METHOD FOR SELECTING EXPERT GROUPS AND DETERMINING THE IMPORTANCE OF EXPERTS’ JUDGMENTS FOR THE PURPOSE OF MANAGERIAL DECISION-MAKING TASKS IN HEALTH SYSTEM

Ilya Ivlev, Peter Kneppo, Miroslav Barták

Current trends in scientific and technological advances are bringing a significant improvements in health care as a result of creation new tools tool to support decision making process for decision-makers (DM). The experts group approach is used in health sector both clinical and nonclinical decision-making.
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