Mónica García-Melón

Valuation of urban industrial land: An analytic network process approach

In this paper an application of the Analytic Network Process (ANP) to asset valuation is presented. It has two purposes: solving some of the drawbacks found in classical asset valuation methods and broadening the scope of current approaches. The ANP is a method based on Multiple Criteria Decision Analysis (MCDA) that accurately models complex environments. This approach is particularly useful in problems which work with partially available data, qualitative variables and influences among the variables, which are very common situations in the valuation context. As an illustration, the new approach has been applied to a real case study of an industrial park located in Valencia (Spain) using three different models. The results confirm the validity of the methodology and show that the more information is incorporated into the model, the more accurate the solution will be, so the presented methodology stands out as a good alternative to current valuation approaches.

Application of multicriteria decision analysis to jar-test results for chemicals selection in the physical-chemical treatment of textile wastewater.

Jar-test is a well-known tool for chemicals selection for physical-chemical wastewater treatment. Jar-test results show the treatment efficiency in terms of suspended matter and organic matter removal. However, in spite of having all these results, coagulant selection is not an easy task because one coagulant can remove efficiently the suspended solids but at the same time increase the conductivity or increase considerably the sludge production containing chemicals and toxic dyes. This makes the final selection of coagulants very dependent on the relative importance assigned to each measured parameter. In this paper, the use of multicriteria decision analysis (MCDA) is proposed to help on the selection of the coagulant and its concentration in the physical-chemical wastewater treatment, since textile wastewater contains hazardous substances. Therefore, starting from the parameters fixed by the jar-test results, these techniques will allow to weight these parameters, according to the judgements of wastewater experts, and to establish priorities among coagulants. Two well-known MCDA techniques have been used: analytic hierarchic process (AHP) and preference ranking organization method for enrichment evaluations (PROMETHEEs) and their results were compared. The method proposed has been applied to the particular case of textile wastewaters. The results obtained show that MCDA techniques are useful tools to select the chemicals for the physical-technical treatment.

University objectives and socioeconomic results: A multicriteria measuring of alignment

Universities develop technology transfer mechanisms as the tools required to undertake missions committed to the socioeconomic environment. In this work a new proposal to measure the extent to which the goals or strategic objectives of a university are aligned with the results obtained through its technology transfer mechanisms with the local community is presented. This will enable to perform a diagnosis, by comparing the situation sought by the University Management team (expected case) with the actual one that derives from the application of the plans that implement the technology transfer mechanisms (real case). To achieve this, two different Multicriteria Decision Analysis techniques e.g. Analytic Network Process (ANP) and Analytic Hierarchy Process (AHP) will be used. Both the methodology and the MCDA techniques proposed need to be explained and clarified to the different experts who collaborate in the study, hence the facilitating process, key to the whole procedure, will be analysed in detail. The model proposed in this study is applied to analyse the case of the National University of Colombia - Bogota Campus. Findings show that the following questions can be answered: (i) How much importance is granted by the University Management to the objectives of the University? (ii) To what extent are the objectives of the university fulfilled by the technology transfer mechanisms to the socioeconomic environment? (iii) Are the objectives of the university aligned with the results achieved through the technology transfer mechanisms?

An ANP- and AHP-based approach for weighting criteria in public works bidding

AbstractWhen the bidding conditions for a new public works contract are officially published, the contracting authority should count with objective criteria and weights to evaluate tenders. The evaluation criteria and weights are obtained from official contract documents. In this paper a new approach for the selection and measurement of the bidding criteria based on Analytic Hierarchy Processes (AHP) and Analytic Network Processes (ANP) is proposed. A hierarchy model and a 21-criterion network model have been developed and applied to two real cases: the first one is devoted to study the public bidding for the construction of an educational centre at the Polytechnic University of Valencia, whereas the second one analyses the public bidding for the remodelling and improvement of one section of a national road.

Analysis Of The Alignment Of Company Goals To Web Content Using Anp

Today, most institutions use their website as one of the major means of consolidating communications channels within their organization and among their customers and users. Nevertheless, many of these organizations either have not clearly formulated the goals they want to achieve through their website or do not know to what extent their website contributes to satisfying these goals. This paper presents a model based on Analytic Network Process (ANP) aimed at helping organization managers to verify if their website contents are appropriate for satisfying the goals they have established. This analysis is achieved by studying the relationships among the goals established for the website, website contents, and potential users grouped into segments. The model was applied to a study case, analyzing the website of a foundation pertaining to a major banking institution in Spain.

Influence Analysis in Consensus Search - A Multi Criteria Group Decision Making Approach in Environmental Management

The environmental decision problems often are divisive, even in a technical realm, decision makers with strong personalities influence outcomes. The purpose of this study is to define and quantify the factors that affect the conservation objectives of a national natural park located in Colombia, South America adding the judgments of six decision makers with different knowledge (every decision maker is also a stakeholder representative). This paper uses a hybrid multiple criteria group decision-making model (MCDM), combining the social network analysis (SNA), analytic hierarchy process (AHP) and similarity measures to solve the consensus and anchoring problem among environmental decision makers. The SNA technique is used to build an influential network relation map among decision makers and to obtain their weights for applying a weighted AHP. Then, the final decision matrices for every decision maker are compared between them in order to identify the consensus level of the problem.

Competitiveness measurement system in the advertising sector

In this paper a new approach to find indicators that can be used to measure companies’ competitiveness and performance in an efficient and reliable way is presented.The aim is to assist managers of companies within a specific industrial sector by providing information about their relative position in the market so as to define better action plans that may improve the company’s performance.The approach combines the use of the Analytic Network Process, a multicriteria decision method, with the Balanced Scorecard. It allows the definition of a number of competitiveness indicators based on the performance and setting of the advertising sector. In this way it is possible to obtain a Competitiveness Index that allows a company to know its relative position with respect to other companies in the sector, and establish a ranking of the companies ordered by their competitiveness level.A case study in the advertising industry of Venezuela is provided. Results show that improvement plans for the agencies analyzed should promote creativity, innovation and the use of new technologies, as a particular form of innovation. These factors were considered to be the most relevant indicators in the advertising sector.The participating experts agreed that the methodology is useful and an improvement over current competitiveness assessment methods.

Methodology to assess the market value of companies according to their financial and social responsibility aspects: an AHP approach

This paper proposes a combination of the Analytic Hierarchy Process with Goal Programming for a better valuation of companies. The methodology includes the economic dimension of the company and another based on its social responsibility. A set of relative and absolute economic variables is proposed including concepts like leverage, liquidity or solvency. For the CSR dimension, we present a set of variables extracted from sustainability reports based on the Global Reporting Initiative. This way, the whole methodology relies on publicly available data and can be readily reproduced. We prove the methodology with a complex case study involving the estimation of a German real estate company that wants to foresee its market value. For that, we have analyzed four comparable companies plus the target one.

DECISION MODEL TO WEIGHT INDICATORS FOR MONITORING RESPONSIBLE RESEARCH AND INNOVATION IN NATIONAL R&D SYSTEMS

Trabajo presentado al International Symposium on the Analytic Hierarchy Process, celebrado en Londres (UK) del 4 al 7 de agosto de 2016.