Ranking of enterprises based on multicriterial analysis

This paper deals with the ranking of enterprises according to the achieved level of business efficiency using the PROMETHEE method and analytic hierarchy process (AHP). The PROMETHEE method is used for final ranking and AHP to determine the importance of criteria. The main purpose of this work is to...

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Bibliographic Details
Published in:International journal of production economics 1998-09, Vol.56 (1), p.29-35
Main Authors: Babic, Zoran, Plazibat, Neli
Format: Article
Language:English
Subjects:
AHP
Applied sciences
Decision theory. Utility theory
Efficiency
Exact sciences and technology
Firm modelling
Multicriterial
Operational research and scientific management
Operational research. Management science
PROMETHEE
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Summary:This paper deals with the ranking of enterprises according to the achieved level of business efficiency using the PROMETHEE method and analytic hierarchy process (AHP). The PROMETHEE method is used for final ranking and AHP to determine the importance of criteria. The main purpose of this work is to present the methodology which at every moment can answer the question about financial standing of a particular enterprise. The possibility of the multicriterial analysis in efficiency assessing as well as its use in deepening understanding of the complex nature of the notion of efficiency will be presented.
ISSN:0925-5273
1873-7579
DOI:10.1016/S0925-5273(97)00133-3