... method was used to evaluate the suppliers. Then, a sensitivity analysis based on a combination of a Monte Carlo simulation and scenario analysis was conducted, with scenarios created by randomly varying the criteria weights and/or performances of alternatives within a determined percentage. Findings...

... and Denmark, on which six different renovation strategies were evaluated using sensitivity analysis. Findings The developed tool was successfully able to model and simulate the six renovation scenarios across the three demonstration sites. The ability to simulate various renovation scenarios for a given...

... companies through blending criteria’ relative importance weights alongside their respective utility functions. In addition, the third tier comprises conducting a sensitivity analysis to derive the most important criteria influencing the overall competitiveness of construction companies. The developed model...