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Article Analysis
Article Title: Robustness Consideration in Multi-Criteria Decision Making to an Aircraft Selection Problem
Aviation has been a critical element within the transportation infrastructure around the world. Here, the aviation industry has helped to expand the concept of globalization around the world. Aviation, for example, allows for the transportation of goods and services around the world in a cost-effective manner. The industry alleviates many of the concerns related to geographic or location-based restrictions around commerce. As a result, the industry overall can much more efficiently transport goods and services across borders, thus enabling global trade.
As the article illustrates, aircraft selection is now becoming a much more critical element within the overall business functions of many organizations. More companies are now relying on aviation as a means to exchange goods and services or to engage in business travel. The COVID-19 pandemic has significantly hindered this growth as businesses were shut down or heavily restricted. Likewise the emergence of competing technologies such as a zoom, Ring Central, or Microsoft Teams have alleviated the need for frequent business travel. As a result, firms must reassess how they determine when an aircraft is selected. In addition, they must use...…becomes a concern. Higher load factors mean that business personnel may not be able to acquire the seats needed to accommodate business travel. Likewise, with high load factors, seating may not be available to begin with, causing further travel restrictions and business delays. Finally, a high load factor may lead to higher seating costs further exacerbating travel issues.
From the reading of the article, it is important for organizations to engage in a comprehensive cost-benefit analysis when determining aircraft selection. In many respects each situation is unique depending on the needs of the organization. Likewise the proliferation of technological innovations such as…
References
1. Downen DT et al. 2005. Multi-Attribute Value Approach to Business Airplane Product Assessment. Journal of Aircraft 42(6): 1387–1395
2. Sen P, Yang JB. 1998. Multiple Criteria Decision Support in Engineering Design. Springer-Verlag: London.
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