Multi Criteria Analysis
The multiple-criteria decision analysis (MCA), and multi-Criteria Decision Analysis (MCDA), German about multi-criteria decision analysis is a class of methods for the analysis of decision-making or courses of action in connection with the decision theory . The different procedures of the MCA are characterized by the fact that they do not use a single overriding criterion , but a multitude of different criteria to prepare options or alternatives for decision-making.
Individual proceedings
Analytic Hierarchy Process (AHP)
The Analytic Hierarchy Process or Analytical Hierarchy Process (AHP) was developed by mathematician Thomas L. Saaty in 1980. The AHP works hierarchically , as it brings the decision criteria into a strictly hierarchical structure.
The AHP basically follows the following steps:
- Establishing a goal hierarchy
- Determination of the priorities of the elements of the target hierarchy
- Calculation of weighting vectors according to the priorities
- Consistency check
- Calculation of an overall hierarchy
Utility analysis
The utility value analysis ( NWA ) was developed by Christof Zangemeister in 1970. The alternative courses of action should be arranged according to the preferences of a decision maker. The preferences are aggregated to a total value of an alternative by specifying utility values .
See also
supporting documents
- ↑ Thomas L. Saaty (1990) Multicriteria decision making - the analytic hierarchy process. Planning, priority setting, resource allocation . 2nd edition. RWS Publishing, Pittsburgh.
- ↑ Christof Zangemeister (1976) Utility value analysis in system technology - a methodology for multidimensional evaluation and selection of project alternatives. Diss. Techn. Univ. Berlin 1970. 4th edition. Wittemann, Munich.