State-of-the-Art Review on the Analytic Hierarchy Process with Benefits, Opportunities, Costs, and Risks

The benefits, opportunities, costs, and risks (BOCR) model is a multiple-criteria decision-making (MCDM) model used to elicit a mutually exclusive and collectively exhaustive set of criteria. As an acronym proposed in the theory of the analytic hierarchy process (AHP), the BOCR model has received attention from users of this MCDM method. A state-of-the-art review, an approach to a literature review that is more comprehensive than a rapid review but not as exhaustive as a systematic literature review, was performed with the Scopus database. The overwhelming majority of documents found on BOCR were practical applications, but they were from diverse areas, including business, computer science, and engineering. It is proposed that two main kinds of contributions for future research on BOCR should be methodological and practical.

[1]  Xiaole Wan,et al.  Blockchain digital technology empowers E-commerce supply chain sustainable value co-creation decision and coordination considering online consumer reviews , 2022, Appl. Soft Comput..

[2]  Teerasak Charoennapharat,et al.  Factors Affecting Multimodal Transport during COVID-19: A Thai Service Provider Perspective , 2022, Sustainability.

[3]  P. Palominos,et al.  State of the Art Review on the Analytic Hierarchy Process and Urban Mobility , 2021, Mathematics.

[4]  W. Zhang,et al.  Bayesian Optimization with Clustering and Rollback for CNN Auto Pruning , 2021, European Conference on Computer Vision.

[5]  Chih-Jou Chen,et al.  Entertainment in retailing: Challenges and opportunities in the TV game console industry , 2021 .

[6]  Qiushuang Wei,et al.  Sustainability evaluation of photovoltaic poverty alleviation projects using an integrated MCDM method: A case study in Guangxi, China , 2021, Journal of Cleaner Production.

[7]  Shu-Cherng Fang,et al.  Selecting green third party logistics providers for a loss-averse fourth party logistics provider in a multiattribute reverse auction , 2021, Inf. Sci..

[8]  Y. F. Li,et al.  Optimal selection of energy storage nodes based on improved cumulative prospect theory in China , 2020 .

[9]  Cheng Wang,et al.  Ferro-hydrodynamic interactions between ferrofluid droplet pairs in simple shear flows , 2020 .

[10]  A. Golmohammadi,et al.  A practical framework for supplier selection decisions with an application to the automotive sector , 2020, Int. J. Prod. Res..

[11]  Hamed Zamani-Sabzi,et al.  Improving renewable energy policy planning and decision-making through a hybrid MCDM method , 2020, Energy Policy.

[12]  Md Rifat Hassan Magnetic field induced ferrofluid droplet breakup in a simple shear flow at a low Reynolds number , 2019, Physics of Fluids.

[13]  Jicheng Liu,et al.  An integrated method for sustainable energy storing node optimization selection in China , 2019, Energy Conversion and Management.

[14]  Min Huang,et al.  Winner determination of loss-averse buyers with incomplete information in multiattribute reverse auctions for clean energy device procurement , 2019, Energy.

[15]  Pei-Hsuan Tsai,et al.  How Should National Museums Create Competitive Advantage Following Changes in the Global Economic Environment? , 2018, Sustainability.

[16]  Taimaz Larimian,et al.  Sustainable electricity generation mix for Iran: A fuzzy analytic network process approach , 2018, Sustainable Energy Technologies and Assessments.

[17]  Valerio A. P. Salomon,et al.  Multi-Criteria Methods and Techniques Applied to Supply Chain Management , 2018 .

[18]  Carlos Francisco Simões Gomes,et al.  Prospective scenarios: A literature review on the Scopus database , 2018, Futures.

[19]  Jung-Tang Hsueh,et al.  Integrating the AHP and TOPSIS decision processes for evaluating the optimal collection strategy in reverse logistic for the TPI , 2017 .

[20]  Arvind R. Singh,et al.  A review of multi criteria decision making (MCDM) towards sustainable renewable energy development , 2017 .

[21]  He-Yau Kang,et al.  The fuzzy conceptual model for selecting energy sources , 2017 .

[22]  Valério Antonio Pamplona Salomon,et al.  Absolute Measurement and Ideal Synthesis on AHP , 2016 .

[23]  Fabio De Felice,et al.  Applications and Theory of Analytic Hierarchy Process - Decision Making for Strategic Decisions , 2016 .

[24]  Arnaud Chevallier,et al.  Strategic Thinking in Complex Problem Solving , 2016 .

[25]  H Y Yap,et al.  A multi-criteria analysis of options for energy recovery from municipal solid waste in India and the UK. , 2015, Waste management.

[26]  Adèle Paul-Hus,et al.  The journal coverage of Web of Science and Scopus: a comparative analysis , 2015, Scientometrics.

[27]  Thomas L. Saaty,et al.  When is a Decision-Making Method Trustworthy? Criteria for Evaluating Multi-Criteria Decision-Making Methods , 2015, Int. J. Inf. Technol. Decis. Mak..

[28]  M. Kabak,et al.  Prioritization of renewable energy sources for Turkey by using a hybrid MCDM methodology , 2014 .

[29]  Valério Antonio Pamplona Salomon,et al.  BOOK REVIEW: ALESSIO ISHIZAKA AND PHILIPPE NEMERY'S MULTI-CRITERIA DECISION ANALYSIS , 2013 .

[30]  Thomas L. Saaty,et al.  Decision making with the analytic network process , 2013 .

[31]  Alessio Ishizaka,et al.  Multi-criteria Decision Analysis: Methods and Software , 2013 .

[32]  James Nga-Kwok Liu,et al.  Application of decision-making techniques in supplier selection: A systematic review of literature , 2013, Expert Syst. Appl..

[33]  Eduardo Gomes Salgado,et al.  Analytic hierarchy prioritisation of new product development activities for electronics manufacturing , 2012 .

[34]  Igor Linkov,et al.  Multi-criteria decision analysis in environmental sciences: ten years of applications and trends. , 2011, The Science of the total environment.

[35]  Luis G. Vargas,et al.  ADDRESSING WITH BREVITY CRITICISMS OF THE ANALYTIC HIERARCHY PROCESS , 2009 .

[36]  Jiangjiang Wang,et al.  Review on multi-criteria decision analysis aid in sustainable energy decision-making , 2009 .

[37]  Maria J Grant,et al.  A typology of reviews: an analysis of 14 review types and associated methodologies. , 2009, Health information and libraries journal.

[38]  Amy Hsin-I Lee,et al.  A fuzzy supplier selection model with the consideration of benefits, opportunities, costs and risks , 2009, Expert Syst. Appl..

[39]  Ozden Ustun,et al.  Analytic network process and multi-period goal programming integration in purchasing decisions , 2009, Comput. Ind. Eng..

[40]  Claudio Garuti Anderlini,et al.  A Systemic Rebuttal to the Criticism of Using the Eigenvector for Priority Assessment in the Analytic Hierarchy Process for Decision Making , 2008, Computación y Sistemas.

[41]  Qing Li,et al.  Enterprise information system project selection with regard to BOCR , 2008 .

[42]  Ozden Ustun,et al.  An integrated multi-objective decision-making process for multi-period lot-sizing with supplier selection , 2008 .

[43]  Kalyanmoy Deb,et al.  Multiple Criteria Decision Making, Multiattribute Utility Theory: Recent Accomplishments and What Lies Ahead , 2008, Manag. Sci..

[44]  Carlos A. Bana e Costa,et al.  A critical analysis of the eigenvalue method used to derive priorities in AHP , 2008, Eur. J. Oper. Res..

[45]  Ezgi Aktar Demirtaş,et al.  An integrated multiobjective decision making process for supplier selection and order allocation , 2008 .

[46]  Diederik J. D. Wijnmalen,et al.  Analysis of benefits, opportunities, costs, and risks (BOCR) with the AHP-ANP: A critical validation , 2007, Math. Comput. Model..

[47]  Jacek Malczewski,et al.  GIS‐based multicriteria decision analysis: a survey of the literature , 2006, Int. J. Geogr. Inf. Sci..

[48]  B. Löwe,et al.  A brief measure for assessing generalized anxiety disorder: the GAD-7. , 2006, Archives of internal medicine.

[49]  J. Burnham Scopus database: a review , 2006, Biomedical digital libraries.

[50]  S. Sangode,et al.  Rock magnetic characterization of pedogenesis under high energy depositional conditions: A case study from the Mio Pliocene Siwalik fluvial sequence near Dehra Dun, NW Himalaya, India , 2005 .

[51]  Mohammad Modarres,et al.  Using Anp and Bocr Structure for Location Analysis of Plywood and Veneer Industry Plants, the Case of Iran , 2005 .

[52]  M. Ramachandran,et al.  Application of multi-criteria decision making to sustainable energy planning--A review , 2004 .

[53]  Gwo-Hshiung Tzeng,et al.  Compromise solution by MCDM methods: A comparative analysis of VIKOR and TOPSIS , 2004, Eur. J. Oper. Res..

[54]  David Sampson,et al.  Refractive index tomography of turbid media by bifocal optical coherence refractometry. , 2003, Optics express.

[55]  T. Saaty,et al.  Negative priorities in the analytic hierarchy process , 2003 .

[56]  S. Yamochi,et al.  Dissolved oxygen consumption by bottom sediments of an artificial tidal flat in Japan , 2002 .

[57]  C. McIntyre,et al.  Modeling the excitability of mammalian nerve fibers: influence of afterpotentials on the recovery cycle. , 2002, Journal of neurophysiology.

[58]  J. Imlay,et al.  Alkyl Hydroperoxide Reductase Is the Primary Scavenger of Endogenous Hydrogen Peroxide in Escherichia coli , 2001, Journal of bacteriology.

[59]  Evangelos Triantaphyllou,et al.  Multi-criteria Decision Making Methods: A Comparative Study , 2000 .

[60]  G. Aston-Jones,et al.  Hypocretin (orexin) activation and synaptic innervation of the locus coeruleus noradrenergic system , 1999, The Journal of comparative neurology.

[61]  R. Anwyl Metabotropic glutamate receptors: electrophysiological properties and role in plasticity , 1999, Brain Research Reviews.

[62]  N. Marrion,et al.  Selective activation of Ca2+-activated K+ channels by co-localized Ca2+ channels in hippocampal neurons , 1998, Nature.

[63]  R. Hämäläinen,et al.  On the measurement of preferences in the analytic hierarchy process , 1997 .

[64]  D. Chang Applications of the extent analysis method on fuzzy AHP , 1996 .

[65]  F. Gage,et al.  Differentiation of adult hippocampus-derived progenitors into olfactory neurons in vivo , 1996, Nature.

[66]  Pankaj Sah,et al.  Ca2+-activated K+ currents in neurones: types, physiological roles and modulation , 1996, Trends in Neurosciences.

[67]  David L. Olson,et al.  Decision Aids for Selection Problems , 1995 .

[68]  D. Contreras,et al.  The slow (< 1 Hz) oscillation in reticular thalamic and thalamocortical neurons: scenario of sleep rhythm generation in interacting thalamic and neocortical networks , 1993, The Journal of neuroscience : the official journal of the Society for Neuroscience.

[69]  R. Traub,et al.  A model of a CA3 hippocampal pyramidal neuron incorporating voltage-clamp data on intrinsic conductances. , 1991, Journal of neurophysiology.

[70]  Kenneth J. Miller,et al.  Additivity methods in molecular polarizability , 1990 .

[71]  Thomas L. Saaty,et al.  How to Make a Decision: The Analytic Hierarchy Process , 1990 .

[72]  R. Nicoll,et al.  Functional comparison of neurotransmitter receptor subtypes in mammalian central nervous system. , 1990, Physiological reviews.

[73]  B. Rudy,et al.  Diversity and ubiquity of K channels , 1988, Neuroscience.

[74]  I. Módy,et al.  Low extracellular magnesium induces epileptiform activity and spreading depression in rat hippocampal slices. , 1987, Journal of neurophysiology.

[75]  R. Llinás,et al.  Electrophysiology of mammalian inferior olivary neurones in vitro. Different types of voltage‐dependent ionic conductances. , 1981, The Journal of physiology.

[76]  D. Prince,et al.  A calcium-activated hyperpolarization follows repetitive firing in hippocampal neurons. , 1980, Journal of neurophysiology.

[77]  T. L. Saaty A Scaling Method for Priorities in Hierarchical Structures , 1977 .

[78]  Tien-Chun Ho,et al.  AN ANALYSIS OF KEY FACTORS INFLUENCING INTEGRATION OF BLOCKCHAIN INTO SHIPPING COMPANIES IN TAIWAN , 2020 .

[79]  Matthias Ehrgott,et al.  Multiple Criteria Decision Analysis , 2016 .

[80]  Claudemir Leif Tramarico,et al.  ScienceDirect Information Technology and Quantitative Management ( ITQM 2015 ) Analytic Hierarchy Process and Supply Chain Management : a bibliometric study , 2015 .

[81]  Luís Alberto Duncan Rangel,et al.  Comparing Rankings from Using TODIM and a Fuzzy Expert System , 2015, ITQM.

[82]  P. Poškas,et al.  Numerical Simulation of Turbulent Mixed Convection Heat Transfer Variation along a Vertical Flat Channel for Aiding Flows , 2009 .

[83]  Amy H. I. Lee,et al.  Multi-criteria decision making on strategic selection of wind farms , 2009 .

[84]  J. Storm Potassium currents in hippocampal pyramidal cells. , 1990, Progress in brain research.

[85]  Valerie Belton,et al.  On a short-coming of Saaty's method of analytic hierarchies , 1983 .