A Review Based on Various Applications to Find a Consistent Pairwise Comparison Matrix
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Published:2024-06-05
Issue:
Volume:
Page:45-76
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ISSN:2229-5666
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Container-title:Journal of Reliability and Statistical Studies
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language:
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Short-container-title:JRSS
Author:
Kaushik Shalu,Pant Sangeeta,Joshi Lokesh Kumar,Kumar Anuj,Ram Mangey
Abstract
Multi-criteria decision-making (MCDM) is a crucial process that provides a systematic approach to resolving numerous challenging problems encountered in everyday life. An effective method for addressing such MCDM challenges is the Analytic Hierarchy Process (AHP). Within AHP, the resolution of these problems relies on the Pairwise Comparison Matrix (PCM), a pivotal component of the decision-making framework. A fundamental aspect of AHP lies in ensuring the consistency of the comparison matrix to validate the logical perspective of the respondents. An inconsistent matrix undermines its utility as a reference for decision-making, underscoring the significance of achieving consistency in the PCM as a pivotal stage in the decision-making process. In this discourse, we delve into various methodologies aimed at deriving a refined and consistent PCM capable of replacing the original inconsistent version. To facilitate comprehension, we categorize the references based on proposed approaches and specific focal points.
Publisher
River Publishers