Question
Discuss the concept of multi-criteria decision-making. Explain how multiple criteria can be incorporated into decision-making processes and discuss techniques such as weighted scoring, analytical hierarchy
Discuss the concept of multi-criteria decision-making. Explain how multiple criteria can be incorporated into decision-making processes and discuss techniques such as weighted scoring, analytical hierarchy process (AHP), or TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution).
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
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