Mühendislik Fakültesi / Faculty of Engineering

Permanent URI for this collectionhttps://hdl.handle.net/11727/1401

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Now showing 1 - 5 of 5
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    Development of a multi-criteria decision-making model for comparing the performance of Turkish commercial banks
    (2020) Ic, Yusuf Tansel; Celik, Beril; Kavak, Sevcan; Baki, Busra; 0000-0001-9274-7467
    Purpose In this study, financial performance evaluation model is developed for banks aims to measure and compare the performances of banks based on their financial ratios. Design/methodology/approach Regression-AHP (Analytic Hierarchy Process)-VIKOR (Vise Kriterijumska Optimizacija I Kompromisno Resenje) integrated methodology is used. First, a literature review is done to find various bank performance measurement models with their financial metrics being compared. Then, pair-wise comparison matrices are used to find the relative weights of criteria (financial ratios) and finally VIKOR method is used to rank the banks. Findings It is believed that an AHP-based VIKOR framework helps to take up the explicit account of multi-criteria decision making (MCDM) methodologies in decision making and for selecting the best bank in the Turkish economy. Research limitations/implications In this paper, only selected financial ratios are used and analyzed for the multi-criteria decision-making (MCDM) method. Originality/value The systematic solution procedure of performance evaluating the banks helps the decision-makers to carry out performance evaluation studies for improving economic and managerial performance. This comparative study and analysis of bank performance using the regression-AHP-VIKOR combined model is presented for the first time. The authors have not become aware of any such studies in their literature review. This paper is an original framework of the application of the regression-AHP-VIKOR on the various financial performance metrics.
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    Stochastic KEMIRA-M Approach with Consistent Weightings
    (2019) Toktas, Pelin; Can, Gulin Feryal
    This study proposes an advanced Modified KEmeny Median Indicator Rank Accordance (KEMIRA-M) approach based on stochastic evaluation process considering consistent weights to improve effective usage of KEMIRA-M. In the proposed approach, tasks related to the decision issue are performed by decision makers to ensure the understanding sufficiency of alternatives in terms of criteria more clearly. The weighting procedure of Analytic Hierarchy Process (AHP) is implemented in a stochastic manner benefited from discrete uniform distribution to provide obtaining consistent criteria weights considering median priority components. Therefore, different trials including different number of replications that shows the number of decision makers are performed and the most consistent weightings are determined for each trial in the stochastic process. In this way, the dependency to the limited numbers of decision makers and to determine criteria weights in a heuristic manner in KEMIRA-M is prevented. Additionally, the effect of the number of decision makers on criteria weightings and alternatives' ranking process is shown. To obtain the most consistent weighting results, this stochastic process is utilized until acquiring approximate consistency ratios. The proposed stochastic KEMIRA-M approach is utilized to rank nine shopping malls (SMs) in Ankara in terms of technical criteria (TC) and universal design criteria (UDC). It was seen from the ranking results that the first SM (SM1) is the best one.
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    A Comparative Holistic Fuzzy Approach for Evaluation of the Chain Performance of Suppliers
    (2014) Eraslan, Ergun; Atalay, Kumru Didem
    The competition between the companies in the dynamic market conditions has made the Supply Chain Management (SCM) a more important issue. The companies which have organized their supply chain effectively have obtained more flexibility in their manufacturing processes in addition to delivery of the customer demands. In this study, two different multicriteria decision making algorithms composed of the FAHP and a holistic hybrid method using FTOPSIS were utilized for an electronic company in wholly fuzzy processes. The FAHP is used for determination of the global weights of the factors and the performances of alternative suppliers are evaluated by using both FAHP-based and FAHP-FTOPSIS hybrid methods for synthetic extent values of pairwise comparisons. The sequences of the suppliers differed for the algorithms. The performances of the proposed approaches are quite successful and flexible in a narrow interval. The managerial advantages obtained from the proposed fuzzy algorithms are also analyzed and interpreted.
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    Geographic Information System-Based AHP-TOPSIS Approach for School Site Selection: A Case Study for Ankara
    (2017) Uslu, Aysenur; Kiziloglu, Kubra; Isleyen, Selcuk Kursat; Kahya, Erkay
    Identification of school zones is a multi-criteria decision-making problem, which requires a collective evaluation of many criteria, including population density, transportation facilities, level of the population covered, safety of the region. One of the important points that need to be considered during the decision-making phase is the legal restrictions. In this study, a new solution approach is suggested that uses Analytic Hierarchy Process (AHP) and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) methods based on Geographical Information System (GIS) for identification of the most convenient location for a primary school to be opened. First, state lands that can accommodate a school in accordance with the development plan have been identified as candidate locations. Among these candidate locations, lands that comply with legal restrictions and cover students within given walking distances with other existing schools were identified as alternative locations by using ArcGIS ESRI software. Then, weights of criteria that were determined by literature reviews were calculated with AHP and alternative locations were ranked with TOPSIS method by using these weights. Suggested approach has been applied to Cankaya district of Ankara city, and results have been presented.
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    A COMPARATIVE STUDY OF THE CAPABILITY OF ALTERNATIVE MIXED INTEGER PROGRAMMING FORMULATIONS
    (2018) Keseci, Baris; Derya, Tusan; Dinler, Esra; Ic, Yusuf Tansel; AAC-4793-2019; F-1639-2011; AAI-1081-2020
    In selecting the best mixed integer linear programming (MILP) formulation the important issue is to figure out how to evaluate the performance of each candidate formulation in terms of selected criteria. The main objective of this study is to propose a systematic approach to guide the selection of the best MILP formulation among the alternatives according to the needs of the decision maker. For this reason we consider the problem of "selecting the most appropriate MILP formulation for a certain type of decision maker" as a multi-criteria decision making problem and present an integrated AHP-TOPSIS decision making methodology to select the most appropriate formulation. As an example the proposed decision making methodology is implemented on the selection of the MILP formulations of the Capacitated Vehicle Routing Problem (CVRP). A numerical example is provided for illustrative purposes. As a result, the proposed decision model can be a tool for the decision makers (here they are the scientists, engineers and practitioners) who intend to choose the appropriate mathematical model(s) among the alternatives according to their needs on their studies. The integrated AHP-TOPSIS approach can simply be incorporated into a computer-based decision support system since it has simplicity in both computation and application.