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Analytical modelling of shipping business processes based on MCDM methods

Author

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  • Metin Celik
  • Y. Ilker Topcu

Abstract

The need for analytical solutions towards various managerial processes in shipping business has been clearly seen in maritime society. To remedy this gap, the execution of relevant processes can be supported via multiple criteria decision-making (MCDM) techniques. This article applied an Integrated Decision Aid (IDEA) to overcome the model selection dilemma for process improvement in shipping business. The illustrative application of the IDEA makes invaluable contributions for the ongoing efforts of relevant executives on adopting modern management style in shipping business. Furthermore, the outcomes of this study encourage the maritime practitioners towards analytical modelling of managerial processes in shipping business cycle.

Suggested Citation

  • Metin Celik & Y. Ilker Topcu, 2009. "Analytical modelling of shipping business processes based on MCDM methods," Maritime Policy & Management, Taylor & Francis Journals, vol. 36(6), pages 469-479, December.
  • Handle: RePEc:taf:marpmg:v:36:y:2009:i:6:p:469-479
    DOI: 10.1080/03088830903346038
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    Cited by:

    1. Cinelli, Marco & Kadziński, Miłosz & Gonzalez, Michael & Słowiński, Roman, 2020. "How to support the application of multiple criteria decision analysis? Let us start with a comprehensive taxonomy," Omega, Elsevier, vol. 96(C).
    2. Wenming Shi & Kevin X. Li, 2017. "Themes and tools of maritime transport research during 2000-2014," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(2), pages 151-169, February.
    3. Wątróbski, Jarosław & Jankowski, Jarosław & Ziemba, Paweł & Karczmarczyk, Artur & Zioło, Magdalena, 2019. "Generalised framework for multi-criteria method selection," Omega, Elsevier, vol. 86(C), pages 107-124.
    4. Cinelli, Marco & Kadziński, Miłosz & Miebs, Grzegorz & Gonzalez, Michael & Słowiński, Roman, 2022. "Recommending multiple criteria decision analysis methods with a new taxonomy-based decision support system," European Journal of Operational Research, Elsevier, vol. 302(2), pages 633-651.
    5. Dina Margrethe Aspen & Cecilia Haskins & Annik Magerholm Fet, 2018. "Application of systems engineering to structuring acquisition decisions for marine emission reduction technologies," Systems Engineering, John Wiley & Sons, vol. 21(4), pages 388-397, July.

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