An extended Step-Wise Weighted Assessment Ratio Analysis for improving criteria prioritization process Using PROMETHEE Method

Abstract

The new Step Wise Weighted Assessment Ratio Analysis (SWARA) method incorporates the opinion of experts, advocates or litigants about the importance ratio. The SWARA methodology can be used in the p in a virtual environment Special decision support systems Practical implementation and Alternative Dispute Resolution. Possible polymetallic mineralization Future map of various study datasets Step wise through integration Weighted Ratio Analysis Developed by (SWARA). In the world of external methods PROMETHEE methods are very popular. One of the reasons for this popularity called PROMCALC-Promethee It is very user-friendly calculation software. Many trainers use their multiple criteria PROMCALC to handle problems. However, all users in PROMETHEE methods regarding the consequences of model assumptions made them will not know. We study the application of PROMETHEE outranking methods to portfolio selection problems. Starting from the new formulation of the PROMETHEE V method, based on the concepts of frontier portfolios and c-optimal portfolios we develop several alternative approaches. The Priority Ranking System Method for Saturation Evaluation (PROMETHEE) was used to solve the problem. Alternative is Technological (C1), Economic (C2), Political and legislative (C3), Social (personnel) (C4). Evaluation parameters are biomedical micro electromechanical systems (BioMEMS) (A1), Nano technology (A2), Biotechnology (A3), Biomedical engineering (A4). PROMETHEE methods are the best solution. The solution with the shortest distance from the negative-best solution the longest distance is determined, but comparison of these distances is not considered significant. As a result, technical factors (C1) are ranked first, while economic factors (C2) are ranked lowest.