Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods

The aim of this study is to examine the Logistics Performance Index (LPI) of the Organization of the Petroleum Exporting Countries(OPEC) using the ENTROPY, CRITIC, and LOPCOW-based EDAS method. Data were obtained from the "2018 report of LPI" issued by the World Bank (WB). To evaluate the...

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Main Author: Emre Kadir Özekenci
Format: Article
Language:English
Published: Istanbul University Press 2024-11-01
Series:Journal of Transportation and Logistics
Subjects:
Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/A78E484207384620BF0F3C07DC7B3924
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author Emre Kadir Özekenci
author_facet Emre Kadir Özekenci
author_sort Emre Kadir Özekenci
collection DOAJ
description The aim of this study is to examine the Logistics Performance Index (LPI) of the Organization of the Petroleum Exporting Countries(OPEC) using the ENTROPY, CRITIC, and LOPCOW-based EDAS method. Data were obtained from the "2018 report of LPI" issued by the World Bank (WB). To evaluate the logistics performance of the selected countries, six key dimensions—customs, infrastructure, international shipments, logistics quality and competence, tracking and tracing, and timeliness—were utilized. The weight of the criteria was calculated using three different weighting methods: ENTROPY, CRITIC, and LOPCOW. Subsequently, the countries were ranked using the EDAS method. The results from ENTROPY, CRITIC, and LOPCOW indicated that the most significant criteria were infrastructure, international shipments, and timeliness, respectively. The outcomes of the EDAS method revealed that the United Arab Emirates (UAE) and Angola exhibited the highest and lowest logistics performance, respectively. Additionally, the robustness and validity of the results were confirmed through comparative analysis.
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spelling doaj-art-9c5e2a03674547b2ba52d2a53e4fa9522025-08-20T01:59:48ZengIstanbul University PressJournal of Transportation and Logistics2459-17182024-11-019226027910.26650/JTL.2024.1339285123456Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS MethodsEmre Kadir Özekenci0https://orcid.org/0000-0001-6669-0006Çağ Üniversitesi, Istanbul, TurkiyeThe aim of this study is to examine the Logistics Performance Index (LPI) of the Organization of the Petroleum Exporting Countries(OPEC) using the ENTROPY, CRITIC, and LOPCOW-based EDAS method. Data were obtained from the "2018 report of LPI" issued by the World Bank (WB). To evaluate the logistics performance of the selected countries, six key dimensions—customs, infrastructure, international shipments, logistics quality and competence, tracking and tracing, and timeliness—were utilized. The weight of the criteria was calculated using three different weighting methods: ENTROPY, CRITIC, and LOPCOW. Subsequently, the countries were ranked using the EDAS method. The results from ENTROPY, CRITIC, and LOPCOW indicated that the most significant criteria were infrastructure, international shipments, and timeliness, respectively. The outcomes of the EDAS method revealed that the United Arab Emirates (UAE) and Angola exhibited the highest and lowest logistics performance, respectively. Additionally, the robustness and validity of the results were confirmed through comparative analysis.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/A78E484207384620BF0F3C07DC7B3924lpiopecentropycriticlopcowedas
spellingShingle Emre Kadir Özekenci
Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods
Journal of Transportation and Logistics
lpi
opec
entropy
critic
lopcow
edas
title Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods
title_full Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods
title_fullStr Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods
title_full_unstemmed Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods
title_short Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods
title_sort assessment of the logistics performance index of opec countries with entropy critic and lopcow based edas methods
topic lpi
opec
entropy
critic
lopcow
edas
url https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/A78E484207384620BF0F3C07DC7B3924
work_keys_str_mv AT emrekadirozekenci assessmentofthelogisticsperformanceindexofopeccountrieswithentropycriticandlopcowbasededasmethods