Affiliation:
1. Rezekne Academy of Technologies, Latvia
2. Riga Technical University, Latvia
Abstract
To select optimal solutions in multicriteria decision-making (MCDM) problems, many practical approaches have been developed. In almost all of these approaches, it is necessary to assess the importance of individual criteria for decision makers. Subjective assessments of importance are transformed into numerical assessments of decision weights by applying appropriate computational procedures. A large number of methods for determining the weights of the criteria have been proposed. These methods differ in their operating principles and in the calculation procedures underlying each method. The paper presents the most well-known methods and provides a brief comparative analysis.
Publisher
Riga Technical University
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