Multi-Criteria Decision-Making Sorting Methods (eBook, ePUB)

Applications to Real-World Problems

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Multi Criteria Decision Making (MCDM) is a generic term for all methods that help people making decisions according to their preferences, in situations where there is more than one conflicting criterion. It is a branch of operational research dealing with finding optimal results in complex scenarios including various indicators, conflicting objectives and criteria. The approach of MCDM involves decision making concerning quantitative and qualitative factors.The importance and success of MCDM are due to the fact that they have successfully dealt with different types of problematics for supporti...

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