DeepDyve eBooks - A Strategy for Using Multicriteria Analysis in Decision-Making

Strategic Plan for Decision Making: Its Constituent Elements

Munier, Nolberto

Pages: 1 –21

[Since this work refers to strategy, and considering a loose definition of the term, its intention is to establish a plan to reach an objective, that is to make the best possible selection of projects, alternatives, and programs. In this chapter, this plan follows a logical sequence of steps,...

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Getting and Processing Data

Munier, Nolberto

Pages: 23 –54

[The different intervening elements for the decision-making process are commented on here. Its only purpose is to show the whole scenario of factors involved, a description of each one and their ordering.]

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State of the Art in Decision-Making

Munier, Nolberto

Pages: 55 –102

[The purpose of this chapter is to have a look at the most current models and methodologies used for helping the DM. It is not a detailed analysis because there is abundant bibliography on each one of them; it gives instead enough information to learn about their capabilities, limits and...

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Linear Programming for a Single Objective

Munier, Nolberto

Pages: 103 –121

[This chapter is dedicated in its entirety to Linear Programming, a well-known mathematical procedure which has an enormous diffusion in hundreds of applications around the world. This technique, using a practical example, is explained in a way for everybody to understand it. It aims at making...

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Features in Formulating and Solving Decision Problems – Sensitivity Analysis

Munier, Nolberto

Pages: 123 –149

[This chapter starts with the formulation of a case containing enough information to illustrate the construction of the decision matrix and problem solving. Probably the most valuable feature of this example is the thorough analysis performed when using several objective functions. The idea is to...

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The SIMUS Method

Munier, Nolberto

Pages: 151 –167

[The SIMUS method is not too different from what has been analyzed so far. However, it plays a part by providing a means to work with multiple objectives – no matter how many – in order to give, if not an optimal solution as in the cases that are described in Chaps. 4 and 5, a satisfactory result...

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Comparison of Different Models

Munier, Nolberto

Pages: 169 –182

[Many methodologies have been proposed to help the decision-making process, as has been mentioned and illustrated in Chap. 3, where four different models were examined and examples and cases posed and solved, with indication of the pros and cons of each. However, no comparisons have been made...

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Planning and Solving Actual Complex Projects

Munier, Nolberto

Pages: 183 –249

[The purpose of this chapter is to show the nature of a complex project outlining the structure that many companies, entrepreneurs, government agencies, etc. have adopted. The chapter presents a series of seven actual projects executed in different countries and pertaining to different areas as...

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SWOT Analysis – Risk Analysis – Actual Problems Solved and Methods Used

Munier, Nolberto

Pages: 251 –290

[This chapter has been developed as a support for the techniques commented upon in different chapters. It includes two examples, the first designed to demonstrate the use of the SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis. It is a simple example in which the intention is to...

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A Strategy for Using Multicriteria Analysis in Decision-Making

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A Strategy for Using Multicriteria Analysis in Decision-Making

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