Applying MCDM to evaluate benchmark scores in the logistics sector for the period 2021–2023: Application to universities in Vietnam

Vo Thi Nhu Uyen, Nazlı Ersoy, Do Duc Trung, Nguyen Thi Phuong Giang

Article ID: 8942
Vol 8, Issue 11, 2024

VIEWS - 79 (Abstract) 32 (PDF)

Abstract


Choosing a university is a crucial decision for each field of study, as it significantly influences the quality of graduates. An important factor in this decision is the university’s annual benchmark scores. The benchmark score represents the minimum score required for admission. This study evaluates the benchmark scores in the logistics sector for several prominent universities in Vietnam during the period 2021–2023. The research process utilized data on the benchmark scores for the years 2021, 2022, and 2023. The weights of these benchmark scores were calculated using the Rank Order Centroid (ROC) method, and the Probability method was employed to compare the benchmark scores of the universities. The analysis identified C3 as the criterion with the highest importance, while U3 emerged as the top-ranked alternative. The two-stage comprehensive sensitivity analysis revealed that universities consistently ranked high or low regardless of the method used to calculate benchmark score weights or the method employed for ranking. Additionally, the smallest weight change that affected the overall Probability ranking was 4.61%. This study provides significant guidance for students in selecting a university for logistics studies and serves as a foundational reference for universities to assess their capabilities in logistics education, thereby fostering healthy competition among institutions.


Keywords


logistics sector; benchmark scores; probability method; ROC method; sensitivity analysis

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DOI: https://doi.org/10.24294/jipd.v8i11.8942

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