Ting-Yu Lin1, Kuo-Chen Hung2,*, Josef Jablonsky3, Kuo-Ping Lin1
CMC-Computers, Materials & Continua, Vol.83, No.2, pp. 1901-1927, 2025, DOI:10.32604/cmc.2025.063543
- 16 April 2025
Abstract VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR) has been developed and applied for over twenty-five years, gaining recognition as a prominent multi-criteria decision-making (MCDM) method. Over this period, numerous studies have explored its applications, conducted comparative analyses, integrated it with other methods, and proposed various modifications to enhance its performance. This paper aims to delve into the fundamental principles and objectives of VIKOR, which aim to maximize group utility and minimize individual regret simultaneously. However, this study identifies a significant limitation in the VIKOR methodology: its process amplifies the weight of individual regret, and the calculated… More >
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