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Multi Criteria Decision Making

2016
Multi Criteria Decision Making (MCDM) is one of the technique which is used to select most optimal alternative with respect to multiple criteria for a specific goal. The method provides objectivity and compares the alternative relatively to estimate the priority value of the alternatives.
Mrinmoy Majumder, Apu K. Saha
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Multi-Criteria Decision Making

2019
Multi-criteria decision making (MCDM) is a discipline that explicitly considers assessing alternatives in a decision problem with respect to multiple criteria. Those methods are frequently used to solve real-life decision problems that incorporate multiple, conflicting, and incommensurate criteria. Considering the chaotic, complex, and ambiguous nature
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Subjective multi-criteria decision making

International Journal of Man-Machine Studies, 1980
This paper outlines the principles of a new technique used in operationalization of subjective decision making, in general, and multi-criteria decision processes in particular. The work is based on the psychological theory of personal constructs, introduced by George Kelly in 1955, and highlights the greater emphasis which should be placed upon ...
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Fuzzy Multi-Criteria Decision Making

2002
When dealing with practical decision problems, we often have to take into consideration uncertainty in the problem data. It may arise from errors in measuring physical quantities, from errors caused by representing some data in a computer, from the fact that some data are approximate solutions of other problems or estimations by human experts, etc.
Jaroslav Ramík, Milan Vlach
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Multi-criteria decision making in ontologies

Information Sciences, 2013
Decision support is one of the main objectives of ontology-based knowledge management systems. However, there is no standard method that would define how to model decisions in ontologies. Despite many research efforts and established methods for decision modelling and support, they have not yet been systematically applied to the field of ontologies ...
Ana Šaša Bastinos, Marjan Krisper
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Pareto multi-criteria decision making

Advanced Engineering Informatics, 2008
The paper concerns design governed by multiple objective criteria, which are conflicting in the sense of competing for common resources to achieve variously different performance objectives (financial, functional, environmental, esthetical, etc.). A multi-criteria decision making (MCDM) strategy is proposed that employs a tradeoff-analysis technique to
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Semantic Multi-Criteria Decision Making SeMCDM

2009 IEEE Symposium on Computational Intelligence in Milti-Criteria Decision-Making, 2009
Multi-Criteria Decision Making promises important development in the capabilities of intelligent autonomous and adaptive devices. Ontologies and inference engines enable semantic matching between criteria. This paper presents an approach to take benefit from these technologies in distributed autonomous devices.
Ghadi Mahmoudi, Christian Muller-Schloer
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Fuzzy Multi-Criteria Decision Making

2000
In this chapter four deterministic MCDM methods of the ones presented in the second chapter are fuzzified. These are the WSM, the WPM, the AHP (original and ideal mode), and the TOPSIS method. The ELECTRE is not examined (since the TOPSIS method seems to be superior to it).
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Multi-Criteria Decision Making for Ranking Decision Making Units

International Journal of Productivity Management and Assessment Technologies, 2018
There is no doubt the Data Envelopment Analysis (DEA) is a powerful method for the efficiency evaluation of Decision Making Units (DMUs) with multiple inputs and outputs. Despite its usefulness, DEA has some notable limitations. A significant drawback with this approach is that inability to fully rank the DMUs.
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Multi-Criteria Decision Making Methods

2000
With the continuing proliferation of decision methods and their variants, it is important to have an understanding of their comparative value. Each of the methods uses numeric techniques to help decision makers choose among a discrete set of alternative decisions.
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