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Harshit M. Ratandhara

Publications and source records attributed to Harshit M. Ratandhara.

2 recordsLinked to original sources

A Generalized Analytical Framework for the Nonlinear Best-Worst Method

The nonlinear model of the best-worst method frequently produces multiple optimal weight sets, which are conventionally determined through optimization software. While an analytical approach exists that provides both a closed-form expression for the optimal interval-weights and a secondary objective function to determine the best optimal weight set, we demonstrate that this approach is only valid when preferences are quantified using the Saaty scale and only a single decision-maker is involved. To tackle this issue, we propose a framework compatible with any scale and any number of decision-makers. We first derive an analytical expression for optimal interval-weights and then select the best optimal weight set. After demonstrating that the values of consistency index for the Saaty scale in the existing literature are not well-defined, we derive a formula of consistency index. We also obtain an analytical expression for the consistency ratio, enabling its use as an input-based consistency indicator. Furthermore, we establish that when multiple best/worst criteria are present, weights may vary among best criteria and among the worst criteria. To address this limitation, we modify the original optimization model for weight computation in such instances, solve it analytically to obtain optimal interval-weights and then select the best optimal weight set using a secondary objective function. Finally, we demonstrate and validate the proposed approach using numerical examples and a real-world case study of ranking barriers to energy efficiency in buildings.

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An Analytical Framework for the Linear Best-Worst Method and its Application to Achieve Sustainable Development Goals--Oriented Agri-Food Supply Chains

The Best-Worst Method (BWM) has emerged as a prominent multi-criteria decision-making method for determining the weights of the decision criteria. Among various BWM models, this research focuses on the linear model of the BWM. This model calculates weights by solving an optimization problem, necessitating optimization software. In this article, we present a novel framework that solves this optimization model mathematically, yielding an analytical expression for the resultant weights, thus eliminating the requirement for an optimization software. The proposed approach enhances both the conceptual clarity of the underlying optimization process and the computational efficiency of the model. Based of this framework, we demonstrate the model's limited response to data variations, i.e., its lower data sensitivity. We also compute the values of consistency index for the linear BWM, which are required to calculate the consistency ratio - a consistency indicator used for assessing inconsistency in input data. Finally, we illustrate the validity and applicability of the proposed approach through five numerical examples and a real-world case study that ranks eighteen drivers across three categories - Industry 4.0, sustainability, and circular economy - in relation to sustainable development goals-driven agri-food supply chains.

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