Journals / Batman Üniversitesi Yaşam Bilimleri Dergisi / 2019 / Cilt: 9 - Sayı: 2

Investment Project Evaluation with Promethee Sequencing Method and Its Application to The Production Sector

Promethee Sıralama Yöntemi İle Yatırım Projesi Değerlendirme ve Üretim Sektöründe Uygulanması

Pages
183–208
Publication Date
2019-12-25
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In doing so, it has been provided assistance to the decision maker in determining the most suitable project among alternatives investments.

📌 3 Key Takeaways

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Objective & Hypothesis:Nowadays making investment has become inevitable for firms to maintain their current position and to get a larger share of the market.
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Key Findings & Data:Internal rate of return, benefit cost ratio, repayment period, average profitability ratio, break-even point, capacity utilization ratio and skilled employment ratio which are considered as project evaluation criteria, are determined through a survey study.
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Conclusion & Impact:In doing so, it has been provided assistance to the decision maker in determining the most suitable project among alternatives investments.
🔬Design:Survey & Empirical Study
📍Scope:Comprehensive Sample
⚙️Variables:Proje değerlendirme · PROMETHEE · AHP

Abstract

Nowadays making investment has become inevitable for firms to maintain their current position and to get a larger share of the market. In this study, a ranking method PROMETHEE, which is one of the multi-criteria decision-making methods in the literature, is used to select the highest priority investment option among cement factories in four different cities of an investor who wanted to invest in cement sector. Internal rate of return, benefit cost ratio, repayment period, average profitability ratio, break-even point, capacity utilization ratio and skilled employment ratio which are considered as project evaluation criteria, are determined through a survey study. Situations, where criteria weights are determined by AHP method and where they are chosen equally are evaluated. For both situations alternatives have been prioritized by partial ranking with PROMETHEE I and full ranking with PROMETHEE II. After these, criteria walking weights analysis, stability interval anlaysis and GAIA analysis has been used. In doing so, it has been provided assistance to the decision maker in determining the most suitable project among alternatives investments.

Özet

Günümüz koşullarında firmaların mevcut durumlarını devam ettirebilmesi veya büyüyerek pazarda daha geniş pay alabilmesi için yatırım yapması kaçınılmaz hale gelmiştir. Bu çalışmada, çimento sektöründe yatırım yapma kararı veren bir yatırımcının dört ayrı ilde bulunan çimento fabrikaları arasında öncelikli yatırımı belirlemek için, literatürde çok kriterli karar verme metotları arasında tanımlanan PROMETHEE (The Preference Ranking Organization Method For Enrichment Evaluation) sıralama yöntemi uygulanmıştır. Proje değerlendirme kriterleri olarak dikkate alınan iç karlılık oranı, fayda maliyet oranı, geri ödeme süresi, ortalama karlılık oranı, başa baş noktası, mevcut kapasite kullanım oranı ve nitelikli istihdam oranına ait kriter ağırlıkları yapılan anket çalışması ile belirlenmiştir. Kriterlerin Analitik Hiyerarşi Prosesi (AHP) yöntemi ile belirlenen ağırlıkları ve eşit ağırlık verilmesi durumu dikkate alınmıştır. Her iki durum için PROMETHEE I ile kısmi sıralama, PROMETHEE II ile tam sıralama yapılarak alternatifler önceliklendirilmiştir. Ardından kriter ağırlık analizi, durağan aralık analizi ve GAIA analizi yapılmıştır. Böylece karar vericiye alternatif yatırımlar arasında en uygun projeyi belirlemesinde yardımcı olunması sağlanmıştır.

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Cite This Article

KALENDER, F. Y., AYGÜN, F. (2019). Investment Project Evaluation with Promethee Sequencing Method and Its Application to The Production Sector. Batman Üniversitesi Yaşam Bilimleri Dergisi, Cilt: 9 - Sayı: 2, 183–208. https://ajindex.com/articles/740764

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