Multi-attribute Decision Making: An Application of the Brown-Gibson Model of Weighted Evaluation

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EMU I-REP >
02 Faculty of Engineering >
Department of Industrial Engineering >
IE – Journal Articles: Publisher & Author Versions (Post-Print Author Versions) – Industrial Engineering >

Please use this identifier to cite or link to this item: http://hdl.handle.net/11129/2857

Title:	Multi-attribute Decision Making: An Application of the Brown-Gibson Model of Weighted Evaluation
Authors:	Feridun, Mete Korhan, Orhan Özakça, Arif Eastern Mediterranean University, Faculty of Engineering, Department of Industrial Engineering TR219322 TR214549
Keywords:	Brown-Gibson model Multi-attribute Decision Making
Issue Date:	2005
Publisher:	Asian Network for Scientific Information
Abstract:	This study applies Brown-Gibson model of weighted evaluation of both objective and subjective parameters for automobile selection. In addition to the input from the NPV calculations, we set 15 subjective attributes and estimate the best investment strategy based on the objective and subjective factors. Results obtained from NPV and Brown-Gibson model are inconsistent. Further evidence suggests that mileage is the most sensitive influencing factor while making the investment decision and even a small change in this factor changes the decision completely from one alternative to another.
Description:	Due to copyright restrictions, the access to the publisher version (published version) of this article is only available via subscription. You may click URI and have access to the Publisher Version of this article through the publisher web site or online databases, if your Library or institution has subscription to the related journal or publication.
URI:	http://dx.doi.org/10.3923/jas.2005.850.852 http://hdl.handle.net/11129/2857
ISSN:	1812-5654(print) 1812-5662(online)
Appears in Collections:	IE – Journal Articles: Publisher & Author Versions (Post-Print Author Versions) – Industrial Engineering

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