Decisions under Certainty (Multicriteria Methods)

Analytic Hierarchy Process (AHP) - (multicriteria decision making)

Follow the links below to download the material for Analytic Hierarchy Process method.

Lessons

  • Lesson 1 (Duration: 100 min)
    In this lesson learn about the basic principles of Analytic Hierarchy Process. Also learn some mathematics behind AHP.
  • Lesson 2 (Duration: 100 min)
    In this lesson construct hierarchical representation of a problem, Pairwise Matrices, normalize the Pairwise Matrices, calculate Priority Vectors, learn how to synthesize weights and calculate overall rankings of Alternatives. Finally use specialized software DecisionMaker.

Applications

         

Weighted Average Sum - WAS

Follow the links below to download the material the Weighted Average Sum method.

Lessons

  • Lesson 1 (Duration: 25 min)
    Introduction to Weighted Average Mean and solving a scenario with W.A.S.
  • Lesson 2 (Duration: 25 min)
    Solve a scenario with W.A.S.
  • Lesson 3 (Duration: 25 min)
    Solve a scenario with W.A.S.

 Applications

          

ELECTRE II - (multicriteria decision making)

Follow the link below to download the material for the multicriteria method ELECTRE.

Applications/Lessons

  • Lesson 1 (Duration: 20 min)
    This lesson is an MS-Excel application that uses the “ELECTRE II with sub criteria” method to help rank a series of
    alternatives based on user defined criteria. There exist step-by-step instructions as well as documentation inside the file.

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