A multi-criteria sorting procedure with Tchebycheff utility function

  • Authors:
  • Banu Soylu

  • Affiliations:
  • Department of Industrial Engineering, Erciyes University, 38039 Kayseri, Turkey

  • Venue:
  • Computers and Operations Research
  • Year:
  • 2011

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Abstract

In this study, a Tchebycheff utility function based approach is proposed for multiple criteria sorting problems in order to classify alternatives into ordered categories, such as A, B, C, etc. Since the Tchebycheff function has the ability to reach efficient alternatives located even in the non-convex part of the efficient frontier, it is used in the proposed sorting approach to prevent such alternatives being disadvantages. If the preferences of the DM are not exactly known, each alternative selects its own favorable weights for a weighted Tchebycheff distance function. Then, each alternative is compared with the reference alternatives of a class to compute its strength over them. The average strengths are later used to categorize the alternatives. The experimental analysis results on the performance of the algorithm are presented.