A new methodology of accounting for uncertainty factors in multiple criteria decision making problems

Authors

DOI:

https://doi.org/10.26636/jtit.2004.3.251

Keywords:

multiple criteria decision making, uncertainty factors, “reasonable” solutions, multi-level hierarchical system of multi-variant computation series, “stable-optimal” solutions, scenarios, Monte Carlo simulations

Abstract

A new approach is proposed to select a predetermined number of "reasonable" (the best in a certain sense) alternatives from the considerable (maybe a vast) set of initial alternatives according to an arbitrary number of optimization criteria and accounting for uncertainty factors. The approach is based on using a special intuitive methodology, developed to account for uncertainty factors when solving such multiple criteria decision making (MCDM) problems. This methodology is based on performing multi-variant computations (MVC) and finding their "stable-optimal" solutions, and it's realized as a multi-level hierarchical system of MVC series. It`s possible to use this methodology for solving various real problems.

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References

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Submitted

2023-04-09

Published

2004-09-30

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How to Cite

[1]
V. I. Kalika, “A new methodology of accounting for uncertainty factors in multiple criteria decision making problems”, JTIT, vol. 17, no. 3, pp. 1–13, Sep. 2004, doi: 10.26636/jtit.2004.3.251.