Analytical modelling of shipping business processes based on MCDM methods

Metin Celik*, Y. Ilker Topcu

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

10 Citations (Scopus)

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.

Original languageEnglish
Pages (from-to)469-479
Number of pages11
JournalMaritime Policy and Management
Volume36
Issue number6
DOIs
Publication statusPublished - Dec 2009

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