Please use this identifier to cite or link to this item:
|Title:||A multiplicative optimization model for constructing composite indicators|
|Authors:||Zhou, P. |
Multiple criteria decision analysis
|Source:||Zhou, P., Ang, B.W., Poh, K.L., Fan, L.W. (2007). A multiplicative optimization model for constructing composite indicators. IEEM 2007: 2007 IEEE International Conference on Industrial Engineering and Engineering Management : 45-48. ScholarBank@NUS Repository. https://doi.org/10.1109/IEEM.2007.4419148|
|Abstract:||Composite indicators (CIs) have been widely used for benchmarking and performance comparisons in many different areas. Past studies have shown that the weighted product method may be a good choice in constructing CIs. However, a problem in its application is the determination of the weights for sub-indicators. This paper extends the weighted product method and proposes a multiplicative optimization model for constructing CIs to avoid the subjectivity in determining the weights for sub-indicators. Additional information on the weights, if available, can be easily incorporated into the proposed model. A case study on the Technology Achievement Index is given to illustrate the use of the proposed multiplicative optimization model. © 2007 IEEE.|
|Source Title:||IEEM 2007: 2007 IEEE International Conference on Industrial Engineering and Engineering Management|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Mar 8, 2018
checked on Mar 12, 2018
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.