Multi-criteria decision-making (MCDM) is one of the main problems which aims to determine best alternative by considering more than criterion in selection process. MCDM has manifold tools and methods that can be applied different fields from finance engineering design. This entry provide a survey on concept, its applications, categories, methods. The final section provides information statistic...

in a robust parameter design (rpd) problem, the experimenter is interested to determine the values of con-trol factors such that responses will be robust or insensitive to variability of the noise factors. response sur-face methodology (rsm) is one of the effective methods that can be employed for this purpose. since quality of products or processes is usually evaluated through several quality ...

Choice and decision making are an integral part of the purposeful activities people in all areas public private life. Tasks multi-criteria characterised by fact that alternative decisions evaluated a set criteria concept its outcome coincide. The defining such problems is Pareto optimal (Pareto set). This forms not comparable terms evaluation criteria. choice can be performed only on basis subj...

This paper presents a new multi-criteria decision-making (MCDM) method, namely the ratio product model (RPM). We first overview two popular aggregating models: weighted sum (WSM) and (WPM). Then, we argue that models suffer from some fundamental issues mainly due to ignoring nature of alternatives' scores with respect criteria importance weights criteria. Building on notion compositional data a...

Sustainability has practically become a mandatory concept to be considered in every decision, and multiple decision-making methods have been adapted take it into account. Among them, sustainability centred are also known as assessments, which provides indexes select prioritize alternatives. One of these most recent presented techniques is MIVES, multi attribute utility theory multi-criteria val...