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What is Multiattribute Models With Multiplicative Factors (MMwMf [MMcFm])

Technological Developments in Industry 4.0 for Business Applications
It is another of the multicriteria models very simple to build and implement. With them the alternatives are evaluated through the attributes, which correspond to the different criteria. In the evaluation process, each alternative obtains a payment for each of the attributes. From there the evaluation of each criterion is carried out, making the weighted sum of the products of the values of the alternative by the weight of the respective attribute. When obtaining the evaluation of each one of the criteria, which can be corrected by the multiplicative factors of the criterion, the total valuation is made. The values of each of the criteria produce the general payment through a weighted sum, where the result of each criterion is multiplied by its respective weight. The final result is corrected through the general multiplicative factors.
Published in Chapter:
The Logistic Model Based on Positions (LoMoBaP [MoLoBaC]) and Industry 4.0
José G. G. Hernández R. (Minimax Consultores, Venezuela), Gilberto J. Hernández G. (Minimax Consultores, C.A., Venezuela), and María J. García G. (Minimax Consultores, C.A., Venezuela)
DOI: 10.4018/978-1-5225-4936-9.ch011
Abstract
This chapter relates business logistics, Industry 4.0 and multicriteria decision making. It is analyzed how the Logistic Model Based on Positions, it is adapted to the approach of Industry 4.0. Business logistics is related practically with every area of an organization, which making it appropriate to study organizations. But at the same time these multiple relationships make its study complex.To minimize the complexity of business logistics learning, four models were created to facilitate their teaching. One of them, MoLoBaC, which studies logistics based on the functions performed by those who have positions associated with it, has repercussions in all areas of the organization. This impact makes the MoLoBaC an ideal candidate to study the new business approaches. At the same time it generates interest to know as the MoLoBaC, can adapt to the approach of Industry 4.0. From everything previous the general objective of this work arises: Perform a qualitative-quantitative analysis of the adaptation of the Logistic Model Based on Positions to the new business approach, Industry 4.0.
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