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MCDM Methods for Business and Management
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Abstract
Nowadays we live in a world of continuous and necessary decisions in every moment of our lives. We have to make choices each moment in scenarios of a multitude of existing conflictual criteria and situations. Life requires ability to decide according to the multiple alternatives that exist in the day-to-day operandi. Recently, multiple criteria models appear in a flourishing position when allocating alternatives to predefined ordered categories considering the defined preference order on criteria scales, becoming MCDM a particularly important subfield of Operations Research and Management Sciences.
Acknowledgements
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Keywords
MCDM,Business,Management,Analytic Hierarchy Process,MOORA method,PROMETHEE Method,Fuzzy Linguistic Computing,ELECTRE Method,Data Envelopment Analysis (DEA) model,VIKOR Method,MACBETH Approach,Fuzzy TOPSIS Method,Fuzzy Sets
Fields of Science and Technology Classification
- Mathematics - Natural Sciences
- Economics and Business - Social Sciences
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