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KOCMANOVÁ, A. DOČEKALOVÁ, M. LUŇÁČEK, J.
Original Title
PROMETHEE-GAIA Method as a Support of the Decision-Making Process in Evaluating Technical Facilities
Type
conference paper
Language
English
Original Abstract
This paper describes the application of PROMETHEE-GAIA methodology in a multiple criteria analysis to rank potential environmental investments in mineral-processing companies. The intent of the paper is to identify best technical facilities on the basis of preferential relations between a set of variants. The method of Total Cost Analysis (TCA) was chosen to define the criteria. The economic and environmental costs, as well as the benefits of these technical facilities, were determined by means of this method. PROMETHEE is one of the methods in the Multi Criteria Analysis (MCA) category. The MCA, as the name implies, deals with the evaluation of a number of variants by several criteria. The technical facility was selected by a comparative analysis involving five influential parameters (Investment Costs, Annual Operating Costs, Operating Income, Administrative Costs and Disposal Fees, Economic and Environmental Benefits). As expected, the analysis resulted in a preferential ranking of these technical facilities.
Keywords
total cost analysis, multicriteria analysis, PROMETHEE, environmental technology, technical facilities.
Authors
KOCMANOVÁ, A.; DOČEKALOVÁ, M.; LUŇÁČEK, J.
RIV year
2013
Released
9. 11. 2013
Publisher
International Business Information Management Association (IBIMA)
Location
Vienna, Austria
ISBN
978-0-9860419-0-7
Book
Vision 2020: Innovation, Development Sustainability, and Economic Growth
Pages from
44
Pages to
53
Pages count
9
BibTex
@inproceedings{BUT101965, author="Alena {Kocmanová} and Marie {Pavláková Dočekalová} and Jiří {Luňáček}", title="PROMETHEE-GAIA Method as a Support of the Decision-Making Process in Evaluating Technical Facilities", booktitle="Vision 2020: Innovation, Development Sustainability, and Economic Growth", year="2013", pages="44--53", publisher="International Business Information Management Association (IBIMA)", address="Vienna, Austria", isbn="978-0-9860419-0-7" }