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1 – 5 of 5The purpose of this study is to analyze the impacts of the COVID-19 pandemic on the performance of companies using a hybrid Multi-Criteria Decision-Making (MCDM) approach…
Abstract
Purpose
The purpose of this study is to analyze the impacts of the COVID-19 pandemic on the performance of companies using a hybrid Multi-Criteria Decision-Making (MCDM) approach. Specifically, the study examines Türkiye’s Top 500 Industrial Enterprises to analyze their performance before and during the pandemic, and to capture their performance in determining investment and production strategy.
Design/methodology/approach
To achieve the study’s objectives, the Fuzzy Best-Worst Method (F-BWM) was used to obtain importance levels of performance indicators, decreasing the vagueness in experts’ decision-making preferences. The Measurement Alternatives and Ranking According to Compromise Solution (MARCOS) method was used to rank enterprises based on their performance.
Findings
The COVID-19 pandemic has clearly had a substantial impact on the performance of Türkiye’s top 500 industrial enterprises. While some companies suffered decreased sales, others reported that their revenues increased or remained constant during the outbreak. The results reveal that the pandemic caused a shift in the initial ranking outcomes for the first two enterprises.
Research limitations/implications
The study’s limitations include the sample size and the time period under consideration, which may have an impact on the generalizability of the findings.
Practical implications
Decision-makers’ investment, employment and operational decisions were influenced by the impact of the COVID-19 pandemic. The results provide insights for decision-makers on how to achieve higher growth and performance under the pressure of the pandemic.
Social implications
The study’s practical consequences help decision-makers understand how to attain higher growth and performance in the face of the epidemic.
Originality/value
The originality of this study lies in using a hybrid MCDM approach to examine the impact of the COVID-19 pandemic on company performance. A hybrid MCDM approach is proposed to help decision-makers make the best possible investment and implementation decisions.
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This study aims to create a model for defining the best supplier for a company and allocating order that considers sustainability criteria beyond the traditional selection…
Abstract
Purpose
This study aims to create a model for defining the best supplier for a company and allocating order that considers sustainability criteria beyond the traditional selection criteria.
Design/methodology/approach
In this paper, sustainable supplier Selection and order allocation (SSS and OA) problem is managed based on a multiobjective linear programming (MOLP) model that incorporates sustainability dimensions. First, an interval type-2 fuzzy analytic hierarchy process (FAHP) method is applied for the main criteria and subcriteria to determine the weight of the selected criteria. Then, these values are used to convert the proposed MOLP model into a single-objective model.
Findings
The economic criterion (0.438) was the most important criterion for SSS in the agricultural machinery sector, followed by the social criterion (0.333) and the environmental criterion (0.229).
Practical implications
The results show that the proposed framework can be utilized by the agricultural machinery industry for SSS and OA.
Originality/value
The proposed framework provides to develop an integrated model by interval type-2 fuzzy sets for SSS and OA, taking into account the relationships between qualitative and quantitative evaluation criteria with different priorities. The validity of the developed model is confirmed by a case study of the agricultural machinery industry in Turkey.
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Arunodaya Raj Mishra, Mustafa Ergün, Basil Oluoch Okoth, Selçuk Korucuk, Ahmet Aytekin and Çağlar Karamaşa
Due to the current pandemic, the importance of logistics functions and decisions is well understood both at the level of companies and users. Logistics systems and related…
Abstract
Purpose
Due to the current pandemic, the importance of logistics functions and decisions is well understood both at the level of companies and users. Logistics systems and related decisions are of vital importance in making supply chains effective, efficient and without disruption. Logistic pressure factors may emerge at different points along the logistics process, and given the role of logistics decisions as one of the important indicators of competitiveness, the determination of the logistics pressures that are likely to increase the costs of business, and their causative factors are a vital aspect of the logistics decision-making process. The study aims to provide assistance in the selection of the most ideal logistics decision by ranking the pressure factors affecting the logistics system, especially during the pandemic period for logistics enterprises operating in Ordu and Giresun provinces and which have a corporate identity.
Design/methodology/approach
In this study, it is aimed to make the most ideal logistics decision selection by ranking the pressure factors affecting the logistics system, especially during the pandemic period for the logistics enterprises operating in Ordu and Giresun provinces and having a corporate identity. For that purpose interval-valued Pythagorean fuzzy (IVPF)–analytic hierarchy process (AHP) based combinative distance-based assessment (CODAS) methodology was used. Additionally sensitivity and comparison analysis were discussed.
Findings
Competitive pressure was found as the most important pressure factor affecting the logistics system during the pandemic period. Change in regulatory rules was the pressure factor found to have the least effect on the logistics system. Using the weights of logistics pressure factors, “Operational Decisions” was found to be the most ideal logistics decision selection.
Research limitations/implications
The findings provide support for the evaluation of logistical pressures and decision options by presenting a decision model capable of processing ambiguous information. During a pandemic or similar period, the study assists decision makers in determining a new route. The findings will also call business managers' attention to logistical pressure factors and lead them toward more realistic and feasible practices in the logistics decision-making process.
Originality/value
This study provided an effective and applicable solution to a decision-making problem in the logistics sector including logistics pressure factors and the selection of logistics decisions. In this context, a methodology was presented that will allow businesses to self-evaluate their own logistics pressure factors and the selection of optimal solutions.
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Ahmet Turgut and Begum Korunur Engiz
Currently, massive multiple-input multiple-output (m-MIMO) antennas are typically designed using complex trial-and-error methods. The purpose of this study is to determine an…
Abstract
Purpose
Currently, massive multiple-input multiple-output (m-MIMO) antennas are typically designed using complex trial-and-error methods. The purpose of this study is to determine an effective optimization method to achieve more efficient antenna design processes.
Design/methodology/approach
This paper presents the design stages of a m-MIMO antenna array compatible with 5G smartphones operating in long term evolution (LTE) bands 42, 43 and 46, based on a specific algorithm. Each antenna element in the designed 10-port m-MIMO antenna array is intended to perfectly cover the three specified LTE bands. The optimization methods used for this purpose include the Nelder–Mead simplex algorithm, covariance matrix adaptation evolution strategy, particle swarm optimization and trust region framework (TRF).
Findings
Among the primary optimization algorithms, the TRF algorithm met the defined objectives most effectively. The achieved antenna efficiency values exceeded 60.81% in the low band and 68.39% in the high band, along with perfect coverage of the desired bands, demonstrating the success of the design with the TRF algorithm. In addition, the potential electromagnetic field exposure caused by the designed m-MIMO antenna array is elaborated upon in detail using computational human models through specific absorption rate analysis.
Originality/value
The comparison of four different algorithms (two local and two global) for use in the design of a 10-element m-MIMO antenna array with a complex structural configuration and the success of the design implemented with the selected algorithm distinguish this study from others.
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Selçuk Korucuk, Ahmet Aytekin, Fatih Ecer, Dragan Stevan S. Pamucar and Çağlar Karamaşa
Nowadays, companies have required new alternatives and strategies to handle environmental sustainability difficulties, primarily as ecological and social awareness has grown. In…
Abstract
Purpose
Nowadays, companies have required new alternatives and strategies to handle environmental sustainability difficulties, primarily as ecological and social awareness has grown. In this context, the aim is to determine the green transportation indicators in companies with corporate identity and logistics activities at the international level in Giresun, Ordu, Gümüshane, Artvin, Rize, and Trabzon in the Eastern Black Sea Region in Turkey. At the same time, the study contributes to providing an effective and applicable solution to decision-making problems involving the assessment of green transportation indicators and smart network strategies in the logistics sector, which is a critical sector for countries. The purpose of this paper is to address these issues.
Design/methodology/approach
This study aims to propose a model for the selection of smart network strategy and to determine the criteria weights used in green transportation indicators, and establish an ideal smart network strategy. In achieving the outlined goals of the study, the authors believe that the model proposed in the study will draw the focus to green logistics which will aid the environmental, economic and social efforts of businesses and governments through the provision of efficient use of scarce resources, which will, in turn, ensure that we leave a sustainable environment for future generations and businesses enjoy a competitive advantage. At the same time, different smart network strategies and green transportation indicators in companies show the success rate of social, economic and environmental indicators in green logistics practices. In addition to providing innovative, reliable and sustainable transportation systems, smart network strategies are critical for businesses to create cost advantages. Through the green transportation indicators and smart network strategies selection model outlined in this study, it is clear that the contribution will not only be limited to businesses, as the society and governments will also benefit from the important indicators on sustainability, as well as the protection of the environment and nature.
Findings
According to the findings, “economic indicators” is the essential green transportation indicator in logistics companies with a corporate identity and worldwide transportation operations. Besides, the “mixed access model strategy” is the most appropriate smart network strategy in logistics firms with corporate identity and worldwide transportation activities. Currently, it is possible to assume that logistics organizations prefer to profit from all smart network strategies in terms of cost optimization and competitiveness rather than from just one. The study, on the other hand, which is a road map that will help sustainability practices in the logistics sector due to green transportation, also examines the similarities and differences of green transportation practices in companies in the relevant sector and to what extent they can be reflected. As a result, the study provides a practical road map for selecting green transport indicators and a smart network strategy process for the logistics industry.
Originality/value
This study examined logistics companies with a corporate identity and international transportation activities in provinces in the Eastern Black Sea Region such as Ordu, Giresun, Trabzon, Rize, Artvin and Gümüshane. Novel picture fuzzy level based weight assessment (PF-LBWA) and picture fuzzy combined compromise solution (PF-CoCoSo) methods are developed to solve the decision-making problem.
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