A large share of the reinforced-concrete (RC) building stock in Mediterranean countries faces a dual challenge of seismic vulnerability and energy inefficiency, calling for urgent renovation ef-forts. While energy upgrades have been the focus of previous renovation policies, recent research highlights the critical need for integrated retrofitting solutions that address both structural integ-rity and energy performance. Multi-criteria decision making (MCDM) approaches are a promis-ing tool for optimizing the combined choice of these integrated interventions, considering various decision variables (DVs), of economic, social, environmental, and technical nature. To understand the impact of climate and seismic hazard conditions on multi-criteria based retrofitting assess-ment, a case-study RC school building is selected and assumed to be located in three distinct cli-mate conditions - cold, mild, and warm - and three seismic hazard levels – low, medium and high. Moreover, given the complexity and challenges of quantifying seismic performance metrics for practitioners, an available simplified (practice-oriented) approach is compared herein with a more thorough research-based one for quantifying the seismic performance of RC buildings with-in the MCDM framework. Both approaches are applied to the case-study building, considering twelve possible combinations of energy and seismic interventions. The accuracy of the practice-oriented approach and its impact on the retrofitting rankings is evaluated, emphasizing the im-portance of accessible and efficient evaluation methods in facilitating informed decision-making for building renovation.

More than 110 countries including 500 cities worldwide have set the goal of reaching carbon neutrality. Heating contributes to most of the residential energy consumption and carbon emissions. The green energy transition of fossil-based heating systems is needed to reach the emission goals. However, the heating systems vary in energy source, heating technology, equipment location, and these complexities make it challenging for households to compare heating systems and make decisions. Hence, a decision support tool that provides a generalized ranking of individual heating alternatives is proposed for households as decision-makers to identify the optimal choice. This paper presents an analysis of 13 heating alternatives and 19 quantitative criteria in technological, environmental, and financial aspects, combines ideal solution based Multi-Criteria Decision Making with 6 weighting methods and 4 normalization methods, and introduces ensemble learning with a fuzzy membership function derived from Cauchy distribution to finalize the final ranking. The robustness of the proposed method is verified by 3 sensitive analyses from different aspects. Air to water heat pump, solar heating and direct district heating are the top three rankings in the final result under Danish national average data. A framework is designed to guide the decision-makers apply this ranking guideline with their practical feasible situations.

Multi-criteria decision-making (MCDM) methods and techniques have been applied to many real-world problems in different fields of engineering science and technology. The evaluation based on distance from average solution (EDAS) method is a new and efficient MCDM method. The aim of this study is to propose a modification to address two exceptional cases in which the EDAS method fails to solve an MCDM problem.

The sustainable development and operation of mining enterprises as major sources of economic growth in many countries is determined by both a balance of economic, environmental, and social objectives and the resources required to achieve these objectives. Transportation is one of the main resources at open pits. It accounts for up to 70% of open pit operating expenses. Various parameters of transportation means should be coordinated both with the parameters of the open pit and meet the conditions of its operation. The problem of selecting a dump truck model in the paper is solved using a universal system of selection criteria developed using an original methodology. The two-level system of criteria includes all currently known selection criteria. The peculiarity of the methodology is the use of the multi-criteria FUCOM method for ranking the criteria. In addition, it is proposed to differentiate the criteria evaluations according to the experts' competence levels. Sets of criteria for evaluation by experts of different levels are proposed. The obtained criterion ranks are recommended to be used by managers of mining enterprises to choose a dump truck model. The presented methodology is suitable for the development of new systems of criteria, considering significant changes in operating conditions or the emergence of factors not considered in this study. Evaluation of all models of dump trucks on the market using the developed system of criteria is envisaged by the authors in a future study.

This research proposes a framework to assist wind energy developers to select the optimum deployment site of a wind farm by considering the Round 3 zones in the UK. The framework includes optimisation techniques, decision-making methods and experts’ input in order to help stakeholders with investment decisions. Techno-economic, Life Cycle Costs (LCC) and physical aspects for each location are considered along with experts’ opinions to provide deeper insight into the decision making process. A process on the criteria selections is also presented and seven conflicting criteria are being considered in TOPSIS methods in order to suggest the optimum location that was produced by the NSGAII algorithm. Seagreen Alpha was the most probable solution, followed by Moray Firth Eastern Development Area 1, which demonstrates by example the effectiveness of the newly introduced framework that is also transferable and generic. The outcomes are expected to help stakeholders and decision makers to make more informed and cost-effective decisions under uncertainty when investing in offshore wind energy in the UK.

This article presents the suitability analysis of onshore wind farm sites using an AHP (Hierarchical Analysis Process) multi-criteria decision-making (MCDM) approach based on geographic information system modeling (GIS). This analysis is based on different technical aspects (wind speed, elevation, slope), economic (proximity to the electricity network, proximity to roads) and social (proximity to residential areas, population density). The introduction of the factor “population density” and the constraint “required area” rarely used in previous studies makes it possible to refine the results. The data is classified into several categories in a gradual manner, namely unsuitable (0); less suitable (1); suitable (2); highly suitable (3) and most suitable (4). The results of the study show us that the largest percentage relating to spatial coverage is observed in the “suitable” range with 50.89% and the corresponding TWPP (theoretical wind power potential) is 1377.926 GW; it is followed by “highly suitable” 5.67% and a TWPP of 153.652 GW; then “less suitable” with 1.04% and a TWPP of 28.163GW. No areas were identified in “most suitable” and finally the “unsuitable” range with 42.4%. The results show that the most favorable areas are located in the part of the far north of the country corresponding to the strong wind zone. The sensitivity analysis was carried out based on scenario tests (technical, economic and equal-weight) in order to give greater visibility of choice to the different stakeholders who would like to invest in onshore wind energy in Cameroon. This study is useful in more than one way because the results obtained can help investors, the government and other stakeholders to identify potential areas for the deployment of wind energy systems in Cameroon. Furthermore, a study of hybrid solar-wind systems could improve the efficiency of electricity parks in Cameroon.

Sustainable Forest Management (SFM) can fully use forest resources and improve the economic, environmental and social sustainability of forest areas. Forestry enterprises play a crucial role in the implementation of SFM. To better play the role of forestry enterprises in implementing SFM, it is necessary to establish a comprehensive and reasonable performance evaluation model for SFM in forestry enterprises. However, the previous literature pays little attention to this research question. Taking the Triple Bottom Line (TBL) as a theoretical framework and the Montreal Process Criteria and Indicators (MP C&I) as a basis, this paper constructs an indicator system to evaluate the performance of SFM of forest enterprises from economic, social and environmental aspects. This paper applies the integrated MCDM method, i.e. the BWM method and the VIKOR method, to construct the methodological system for SFM performance evaluation of forestry enterprises. The effectiveness of this SFM performance evaluation model is then demonstrated through its application to a case study of forestry enterprises in China. Through the application of the model, this paper evaluates the enterprise's SFM performance over the five-year period 2017-2021 and proposes appropriate policy recommendations and improvements.

The Failure Mode and Effect Analysis (FMEA) is often used to improve a system's reli-ability. This paper proposes a new approach that aims to overcome the most critical defects of the traditional FMEA. This new methodology combines the Entropy and Best Worst Method (BWM) methodology with the EDas and System Dynamics, FMECA: The EN-B-ED Dynamic FMECA. The main innovation’s point of the proposed work is the presence of an unknown factor (Cost), that allows to obtain an objective weighted factor, a risk index when a machine failure occurs. The criticality analysis has been carried out using software (Vensim PLE x64) to simulate System Dynamics models to identify corrective actions and evaluating the possible implementation of these ac-tions. The methodology proposed is applied to a case study in a relevant Italian com-pany in the agri-food sector.

The contribution of readymade garment (RMG) industry is immense behind the rapid development of some countries with emerging economies. This industry is empowering these countries to provide employment opportunities for millions of people. However, the health as well as safety issues of the workers in this industry are often ignored, particularly in these developing countries. In recent times, because of the several undesirable and obnoxious conditions that exist in their working environments, they are vulnerable to various health related problems which are increasing at a staggering rate. The main purpose of this paper is to assess and prioritize the major health related problems faced by these garment workers in these countries where the economy is flourishing. In addition, the main hazards responsible for these health perils are also quantified. Data were collected from three different garment factories situated in different locations of Bangladesh. Thirty workers from each factory rated the frequency and severity of 14 health related issues. The health risks were then assessed and prioritized through risk priority number (RPN). Afterwards, three experts provided their opinion on the main hazards prevalent in the workplace of almost every garment factory in this country. These hazards were grouped into four main classes which are: 1) Physical 2) Ergonomic 3) Chemical and 4) Psychological hazards. The main classes were later divided into sub classes also. Best-worst method (BWM) was then applied to analyze these hazards by assessing their relative weights depending on the experts’ judgement. The results showed that the health issues faced by the workers in three different garment factories varied to some extent. The results obtained from the experts’ opinion indicated that physical hazards in the workplace are the most detrimental ones whereas the chemical hazards were the least harmful.

With advances in information technology, big data, mobile communications, and robotics, digital technologies are increasingly being used in factories around the world. This digital transformation is named industry 4.0. Today, industrial companies are looking at how to adopt this era and implement these technologies 4.0 while improving their performance and generating more profits. The objective of this paper is to help companies to better choose the appropriate digital technologies according to their activities using a multi-experts-multi-criteria decision-making approach under hesitant fuzzy information. The proposed model is a generic model based on Multi-Agent Systems allowing to have an idea of the parameters necessary to apply the adopted approach. The adopted approach allows a better representation of uncertainty and subjectivity of experts’ judgments. It would be of great interest, especially, when exact quantitative data are not available. A real case company example is exposed (automotive company) towards putting into practice the proposed approach.

In the era of sustainable development, green supplier selection has become a key component of supply chain management, as it considers criteria such as carbon footprint, water usage, energy usage and recycling capacity. Since the green supplier selection problem involves subjective criteria and uncertainty in preferences, it is well suited to using multi-criteria decision-making methods (MCDM). Although few researchers have investigated MCDM for green supplier selection under uncertainty using intuitionistic and Pythagorean fuzzy sets. Still, the newly developed fermatean fuzzy can handle greater data uncertainty than intuitionistic and Pythagorean fuzzy sets. Since interval extension of fuzzy theory provides more accurate modeling, in this paper, we propose an interval extension of fermatean fuzzy set and discuss its fundamental set operations, arithmetic operations and related properties. We propose the Hamming distance function and the score function of the interval-valued fermatean fuzzy numbers. The recently developed Multi-attribute Border Approximation Area Comparison (MABAC) method is also considered due to its stable and simple computation compared to other conventional MCDM methods. Therefore, an interval-valued fermatean fuzzy MABAC method is proposed and solved to select a green supplier based on multiple criteria. The proposed method's comparative analysis and sensitivity analysis validate the proposed method's effectiveness and robustness.

This paper proposes a model to evaluate business projects to get into an incubator, allowing to rank them in order of selection priority. The model combines the Momentum method to build prospective scenarios and the Multiple Criteria Decision Making (MCDM) method TOPSIS-2N to rank the alternatives. Six business projects were evaluated to be incubated. The Momentum method made it possible for us to create an initial core of criteria for the evaluation of incubation projects. The TOPSIS-2N method supported the decision to choose the company to be incubated by ranking the alternatives in order of relevance. Our evaluation model has improved the existing models used by incubators. This model can be used and / or adapted by any incubator to evaluate the business projects to be incubated. The set of criteria for the evaluation of incubation projects is original and the use of prospective scenarios with a MCDM method to evaluate companies to be incubated does not exist in the literature.

Selection of the most suitable material is one of the key decisions to be taken at the design stage of a manufacturing process. Traditional approaches as Ashby maps based on material properties are widely used in the industry. However, in the production of multimaterial components, the criteria for the selection can include antagonistic approaches. The aim of this work is the implementation of a methodology based on the results of process simulations for several materials and classify them by applying an advanced data analytics method based on Machine Learning (ML), in this case the Support Vector Regression (SVR) and Multi-Criteria Decision Making (MCDM) methodolo-gies, in this case Multi-criteria Optimization and Compromise Solution (VIKOR) combined with Entropy weighting methods. In order to do this, a Finite Element Model (FEM) has been built to evaluate the extrusion force and the die wear in a multi-material co-extrusion process of bimetallic Ti6Al4V-AZ31B billets. After applying SVR and VIKOR combined with Entropy weighting methodologies, a comparison has been established based on the material selection and complexity of the methodology used, resulting that material chosen in both methodologies is very similar and MCDM method is easier to implement because there is no need of evaluate the error of the pre-diction model and the time for data preprocessing is less than the time needed in SVR.

The sudden onset of natural hazards such as a flash flood events can be devastating to a country or region, often affecting numerous communities, and humanitarian supply chains play a major role in enabling the timely recovery of economic and social activities. However, the uncertainty and suddenness of natural disasters such as flash floods, as well as the potential for aftershocks, require humanitarian supply chains to be resilient during the relief process. This research first adopts the Delphi and literature review methods to identify the key indicators in the humanitarian supply chain to form an evaluation index system. Then, taking the 2021 mega-flash flood event which affected four cities in the mountainous region under the jurisdiction of the Zhengzhou municipal government, the ANP method is used to calculate the weights of each indicator and combines the weighted results with the Multi-styling and stereotyping method under Pythagorean fuzzy (PFs-VIKOR) to make an evaluation of the resilience of the humanitarian supply chain in the relief process. The findings suggest that policy makers and decision makers should pay close attention to the coordination of the parties involved in the humanitarian supply chain and improve the level of resilience of the entire supply chain by enhancing the resource scheduling capacity and responsiveness. At the same time, the VIKOR evaluation of the 4 cities highlighted the humanitarian supply chain in Dengfeng City to be most effective in this event due to the close cooperation and positive response of all parties involved in the humanitarian supply chain. The findings of this research provide some useful suggestions and guidance to the various practitioners involved in the humanitarian supply chain. Furthermore, the evaluation of the performance of the four cities in this mega-flash flood event provides some helpful indication of the importance of the various emergency measures which can help to inform policy recommendations for the Zhengzhou municipal government.

Supplier selection is one of the most important multi criteria decision making (MCDM) problems for decision makers in competitive market. Organizations of today’s world are seeking new ways to reduce negative effects of their organizations to the environment and to reach a greener system. At this point, green supplier selection concept has gained great importance with its ability on incorporating environmental or green criteria into the classical supplier selection practices. Therefore, in this study, it is aimed at proposing a multi-phase MCDM model based on Best-Worst Method (BWM) and interval type-2 fuzzy technique for order preference by similarity to ideal solution (TOPSIS). A case study in a plastic injection molding facility in Turkey is performed to show the applicability of the proposed integrated methodology. The paper ensures insights into the decision making, methodology, and managerial implications. Results of the case study are examined and suggestions for future research are provided.

Transport infrastructure’s asphalt pavement deteriorates under the influence of destructive factors. Damages which have been occurred during its exploitation period are repaired, and when their further rehabilitation is economically and technically irrational, the asphalt pavement is recycled. The material from the asphalt pavement layer that has reached its limit state is milled out or broken and crushed and then is repeatedly used in the production of hot-mix asphalt (HMA) or warm-mix asphalt (WMA) mixtures. In this paper, the dynamics of the percentage recycling ratio (RR) of old asphalt pavement material was investigated. RR represents the quantity of reclaimed asphalt pavement (RAP) used in the production of HMA and WMA mixtures in Europe and the USA, divided by the total amount of RAP prepared in the country. Factors and goals affecting it are analyzed. An original system of 10 criteria that increase the RR country has been created. By applying different multiple criteria decision making (MCDM) methods and using the importance given to these criteria by 14 experts, the normalized subjective weights of the criteria were determined. Analytic Hierarchy Process (AHP), rank correlation, Average Rank Transformation into Weight - Linear (ARTIW-L) and Non-linear (ARTIW-N), Direct Percentage Weight (DPW) methods were used in the study. The results display that the RAP recycle rate is close to 100% in countries with a sustainable economic background. In the Baltic countries, it is mostly increased by the adequacy of regulatory documents, the strategy promoting asphalt recycling in the country, and the homogeneity and classifying of RAP. The number and capacity of RAP stocks, the number and productivity of asphalt milling equipment and the wear and tear of the asphalt pavement have the least influence on the increase of RR. The opinions of experts in assessing the significance of all criteria are consistent. The averages of the weights of criteria determined by four MCDM methods (AHP, ARTIW-L, ARTIW-N, DPW) made it possible to obtain more reliable results. These results can be used to make strategic decisions and to create a plan of practical actions to increase the RAP recycling rate in the developing countries.

The electricity generated from fossil fuel and nuclear energy has negative impacts on the environment and has shown a need to search for and promote the use of clean, renewable and sustainable energy resources such as wind, solar and geothermal resources. Nowadays, wind energy resource has emerged as the fastest-growing source of energy on an overall scale. However, the selection of the best location for constructing a wind farm is a vital issue that can be considered a site selection problem, which involves various conflicting factors. Therefore, it is classified as a multi-criteria decision-making (MCDM) problem. In this research, the site selection of wind power plants is conducted in Burundi country. The Fuzzy Analytic Hierarchy Process (FAHP) was used to weigh the criteria considering their relative importance. The main factors affecting optimal wind farm location considered in this study are wind speed, slope, distance from the grid network, distance to roads, and land use/land cover (LULC). Furthermore, a geographic information system (GIS) is utilized to generate the final suitability wind farm locations map. The obtained results show that 20.91% of the total study area is suitable; nevertheless, only 1.96% is highly suitable for wind farm placement. The western part of Burundi is concluded to be the most suitable area for wind farm construction and the most area is situated in Lake Tanganyika.

Today project management in every field of life is prerequisite for the success of project by increasing quality reduces cost and schedule. But selecting tools and techniques to achieve our objectives and implement our plan fully is very difficult task because choice creates complexity. So, we discuss AHP to make decision simple. Ranking critical success factor, cloud computing services, risk prioritization, selection of right ETL software and many other systems AHP plays its important role. For the improvement of today’s complex systems it is very important to prioritize and select projects to remove the root cause of the problem. To attain the right selection of construction equipment for carrying out schedule tasks with high efficiency, production and financial capability is the main purpose of procurement of construction equipment process. Certain conflicts can occur due to the construction of UML models in a collaborative way. AHP is used to remove these conflicts and for establishing and evaluating modelers judgments. Nowadays it is very important and critical decision to choose the best option from multiple alternatives for a successful career after passing 12th standard and also it affects our future. “AHP and TOPSIS” methods are used for this purpose. In this paper, an “AHP and Fuzzy AHP” based hierarchical trust model has been used to rate the service providers and their various plans for infrastructure as a service.

Sustainability is the core concern of every business; The exploration of avenues to maintain sustainability while staying competitive with high level of productivity remains a vital endeavor. Production flexibility is a key area that can enhance the sustainability of manufacturing industries as it can ensure product availability, scalability, agility/fault tolerance as well as disaster recovery potentials. Technological advancements have provided avenues where companies can enhance virtually all aspects of their operations for efficiency, effectiveness, and productivity. This paper uses both quantitative and qualitative research approach to identify the capability requirements for smart and effective production management and subsequent analysis is done using Multi-Criteria Decision-Making methodology to identify and rank various industry 4.0 technologies and concepts that can provide these smart capabilities in in manufacturing industries to aid the businesses to achieve sustainability with production flexibility. The paper identifies over 12 smart capabilities and 9 Industry 4.0 Technologies which are applicable to production management. It also compares results from the analytics of historical I4.0 implementation as discussed in literatures with the current state as deduces from survey feedbacks from various manufacturing industries.

Investment management is a common process and practice used for achieving a desirable investment goal or outcome. Investment assessment should be carried out at various stages of project realization in accordance with capital investment volume. Investment risk management implies the effective control of all procedures and monitoring of risks in all phases of the investment project. Because of the reason that a single indicator in probability calculation of achieving optimal return from the investment does not exist, performing sufficiently reliable estimates of the quality of investments becomes a tedious task. There are many indicators, factors, and criteria required for consideration to reach the effective solution of the investment problem. Unfortunately, the systematic variation of economic situations in the marketplace stipulates the continuous and frequent changes of investment conditions and environment in which the investor should act and operate. Hence, the rules required for providing a reasonable quality of investment projects can be based only on investor’s management strategy and rely on investor’s intuition and practice. The importance of classification in investment management and decision making process is undeniable. The objects to be classified are described using assessments in accordance with various criteria which can be both quantitative and qualitative. With a competent formulation of the investment process, both methods are used in parallel. There exist various decision making approaches for the investment management, and simple additive weighting (SAW) is one of the well-known multi-criteria decision making (MCDM) methods aiming to provide an optimal decision for decision maker when solving various real-life problems, and particularly, investment problem. In this paper, fuzzy simple additive weighting (FSAW) method in group decision making is applied to undertake the capital investment expenditure for purchasing cars with the purpose of renting them to the public. The development of existing FSAW method is accomplished and this process involves the sensibility of outcomes to changes in the rate of fuzziness represented with decisions taken. Eventually, the degree of fuzziness involved in an analysis that directly attempts to model the immanent vagueness and imperfectness in particular precedency judgments made, is determined. A numerical example illustrates the importance and effectiveness of the suggested approach with the aim of ranking alternatives and hence, determining the most preferred alternative in MCDM problem.

Citizen participation has always been of vital importance in decision-making processes and, likewise, joint work in the formulation and execution of projects that respond to territorial needs. This in order to ensure the best impact of public or private investment, optimizing the result and community articulation. For this reason, this investigation proposes a methodology of evaluation and prioritization of projects based on an approach integrated between the modelling in dynamics systems (SDM) and the Analytical process network (ANP), in which the citizen factors are used as qualitative and quantitative variables inside the posed balance sheet model. This is how the model developed by the Stella Architect software, it offers to the decision makers approximate information about the reality of the community, especially those who were affected by the Colombian conflict and where the expectations of a comprehensive repair could disrupt the socioeconomic system and reveal more pressing interests than those of the central government. The methodology is described by the information gotten through the participatory workshops done in the California county that belongs to the Magdalena region, this is a very affected region by the conflict in Colombia. The investigation results confirm the useful of, first of all, the use of the modelling as an information-generating tool by allowing the simulation of relevant variables in the evaluation and prioritization of projects at different moments of time and, in second place, use the knowledge of the experts that expose the ANP method for establishing the importance of each variable compared with other variables and, likewise of each project compared to the rest of the alternatives in each of the different instants of time in which the evaluation is carried out, given that the results could change in any time, the official ranking is showed after an optimization process with partial results.

The airline sector is critical in today's globalized society, supporting the efficient movement of people and products worldwide. Airlines are continuously looking for methods to enhance their operational performance to remain competitive in the face of increased competition. This study focuses on the application of Multi-Criteria Decision Making (MCDM) techniques to improve low-cost carrier (LCC) also known or low-cost (budget) airlines' ground operational performance. MCDM techniques have gained considerable attention in recent years to address complex decision problems with multiple conflicting goals. This research aims to bridge this gap by proposing a comprehensive framework that combines MCDM techniques to enhance airline operational strategies to increase performance. The study utilizes qualitative and quantitative data, drawing on previously published materials on MCDM techniques in the aviation sector. It utilizes fuzzy Analytic Hierarchy Process (AHP) and fuzzy Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) methodologies. A case study is conducted to evaluate the ground operational performance of three airline companies based in Türkiye, considering five main criteria and 18 sub-criteria. The findings of this research will contribute to a comprehensive understanding of operational performance in the airline sector. It also highlights the implications and limitations of the research and suggests future research directions.

Multi-stakeholder based construction projects are subject to various risk factors due to dynamic business environments. These risks affect project activities which indirectly impact construction costs, resulting in delays and poor building quality. So, managing these project risks requires suitable risk mitigation strategies to evaluate and analyse their severity. Hence, risk evaluation and assessment of construction projects is a multi-criteria decision making (MCDM) problem. In present real-life problems, evaluation of project risks is often uncertain and even incomplete, and the prevailing methodologies fail to handle such situations. To address the problem, this paper extends the analytical network process (ANP) methodology in the D number domain to handle three types of ambiguous evaluations, viz. complete, uncertain, and incomplete, and assesses the weight of risk criteria. The D number based approach overcomes the deficiencies of the exclusiveness hypothesis and completeness constraint of Dempster-Shafer (D-S) theory. Here, preference ratings of the decision matrix for each decision-maker are determined using a D number extended consistent fuzzy preference relation (D-CFPR). An extended multi-attributive border approximation area comparison (MABAC) method in D number is then developed to rank and select the best alternative risk response strategy. Finally, an illustrative example from construction sector is presented to check the feasibility of the proposed approach. For checking the reliability of alternative ranking, a comparative analysis is performed with different MCDM approaches (D-COPRAS, D-ARAS, D-MABAC, and D-TOPSIS). Based on different criteria weights, a sensitivity analysis of obtained ranking of the hybrid D-ANP-MABAC model is performed for verify the robustness of the proposed method.

While the importance of corporate governance has been broadly acknowledged in global financial markets and academic research, how to devise a practical evaluation system is relatively unexplored. This paper attempts to refine the Corporate Governance Evaluation System (CGES), constructed by the Taiwan Stock Exchange (TWSE) since 2014. The current CGES has several debatable issues in its complicated design (e.g., it comprises over 80 indicators in different types). To resolve those issues, this study invited ten senior domain experts (including several CEOs of financial holding companies) to retrieve 13 essential criteria from the CGES in four dimensions. And this study integrates several multiple criteria decision-making (MCDM) methods (i.e., Decision-making trial and evaluation laboratory (DEMATEL), modified VIKOR, DEMATEL-based analytical network process (DANP)) and the fuzzy evaluation technique to rank the exemplary companies. The obtained ranking is consistent with the one released from the CGES in 2017. This study conducted additional experiments to ensure the robustness of the findings. The newly devised model not only supports the ranking decisions but also provides a managerial guidance for companies to pursue systematic improvements. These findings enrich the understanding of corporate governance and contribute to gaining business sustainability for financial holding companies.

The diverse socio-economic and environmental impacts that the set-up of a new photovoltaic installation has must be weighed carefully in order to reach the best possible solution. Among the different photovoltaic systems there are several classification criteria, depending on the technology, application and the size of the modules that define them. The size (installed nominal capacity) stands out as an impartial and critical measure in the decision making process. In this article we use a multi-criteria decision making method to analyse the responses of five experts to a detailed questionnaire in which several different criteria are correlated with various photovoltaic installation sizes. The limitation associated to the low number of experts is addressed with a robustness and sensitivity analysis. With this study we seek first, to apply and demonstrate the feasibility of a methodology which combines technical information with multi-criteria decision making methods, and second, to obtain a clear result oriented that increases the benefits of a forthcoming photovoltaic installation of modules in distributed generation adding up to 1GW total peak power in standard conditions. We observe a consistent result in which smaller photovoltaic modules are the ideal solution that maximises the socio-economic benefits of any installation. If a decision has to be taken about the type of photovoltaic plant to be installed, the conclusion is clear: given a certain size, small, easily scalable installations are the best solution for stake-holders, for the inhabitants, and for the environment.

The influence and importance of research and development (R&D) for business sustainability have gained increasing interests, especially in the high-tech sector. However, the efforts of R&D might cause complex and mixed impacts on the financial results considering the associated expenses. Thus, this study aims to examine how R&D efforts may influence business to improve its financial performance considering the dual objectives: the gross and the net profitability. This research integrated a rough-set-based soft computing technique and multiple criteria decision-making (MCDM) methods to explore this complex and yet valuable issue. A group of public listed companies from Taiwan, all in the semiconductor sector, was analyzed as a case study. Initially, more than 30 variables were considered, and the adopted soft computing technique retrieved 14 core attributes—for the dual profitability objectives—to form the evaluation model. The importance of R&D for pursuing superior financial prospects is confirmed, and the empirical case demonstrates how to guide an individual company to plan for improvements to achieve its long-term sustainability by this hybrid approach.

A conventional electrical grid mostly depends on the electrical power generated from fossil fuels. However, the pollutants from fossil fuels are the key factors for adverse climate change. Most of the developed countries of the world have already recognized the fact that the energy mix requires to be diversified by incorporating renewable energy. This is especially relevant for many of the member countries of the Organization of Islamic Cooperation (OIC), consisting of 57 countries, whose abundance of fossil fuel reserve indicates that much of their electric power is still generated from fossil fuels. In order to integrate renewable energy sources into the hybrid energy mix, an existing conventional grid needs to undergo drastic changes. Alongside this, the population boom in the OIC member countries has caused higher demand for a steady supply of electricity that the conventional grids have long been struggling to cope with. With a view to solving this multifaceted problem, incorporation of the smart power management schemes is indispensable using a smart electrical grid, where information and communications technology is integrated into its major building blocks. This allows advanced applications of a grid, such as the formation of micro-grids, demand-side management, energy storage, high-tech power electronic converters, etc. As the smart grids are being adopted by many developed countries, it is high time for the OIC member countries to pay due attention to this development, if they have not already done so. This paper explains, with special focus on the OIC member countries, the various smart power management technologies, their operations and applications, and the benefits and challenges. Then it goes on to carry out the Strength-Weakness-Opportunity-Threat with Analytical-Heuristic-Procedure (SWOT-AHP) analysis to evaluate its feasibility of incorporation and the underlying strategies appropriate for its implementation. Furthermore, a Hybrid Multi-Criteria-Decision-Making (MCDM) analysis is performed to evaluate the sequence of the emphasis that should be given on each of the technologies from those available for the smart power management initiative. Finally, the study reinforces the stance by drawing parallels from the UN Sustainable Development Goals (SDG) and highlights the importance of the smart grid in line with the global vision of SDG. This paper aims at assisting the decision-makers in implementing smart power management schemes in the OIC member countries, in particular, and other countries of the world, in general.

Safety limits application has always been a traditional approach to ensure the safe operation of electro-mechanical systems within many industries including automated vehicles, robotics, aerospace, traditional automotive, railways, manufacturing, etc. In all of these applications, control and safety limits are usually hard-coded into the production firmware and are fixed throughout the entire product life cycle. Currently, due to the evolving needs of automated systems like automated vehicles and robots, this traditional approach does not address all the use cases and scenarios to ensure safe operation. Especially for data-driven machine learning applications that constantly evolve and learn over time, it is important to be able to adjust the safety limits application strategy to be more flexible and adaptable based on different Operational Design Domains (ODDs) and scenarios. Our ITSC conference paper ~\cite{4} introduced the concept of a new safety limits application strategy called the Dynamic Control Limits Application (DCLA) strategy that supports the flexible application of diverse limits profiles based on the parameters involved within the dynamic scenario at different layers of the Autonomy software stack.This paper extends the DCLA strategy to derive the complete methodology for safety limits application based on ODD elements, scenario identification and scenario classification using Decision Making Engines. It leverages the layered architecture introduced in the ITSC conference paper to implement the Decision Making (DM) algorithms. Another important extension is the use of cloud infrastructure that is based on the Vehicle-to-Infrastructure (V2I) technology to store the scenarios and the limits mapping to serve as a ground truth and/or a backup mechanism in case of errors or failures associated with the main Decision Making (DM) Engine. There is also a focus on providing a more comprehensive list of scenarios and a custom built experimental dataset to cover the maximum ODD elements, and multiple tables of safety limits to be chosen from, which eventually helps in creating different safety limits application profiles. These distinct safety limits application profiles are based on the scenario parameters that are perceived by the system upon which the Decision Making algorithms are applied or trained. This systematic approach can be used within the industry for any of the future automated vehicles and systems until Level 5 Autonomy.