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A Strategy for Using Multicriteria Analysis in Decision-MakingThe SIMUS Method

A Strategy for Using Multicriteria Analysis in Decision-Making: The SIMUS Method [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 which considers all the objectives proposed, and produces a ranking of the different alternatives involved. SIMUS also develops a methodology to work with subjective criteria, something that is not allowed in the conventional LP method. SIMUS is demonstrated with an actual example which is complex enough to appreciate what the model can offer.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Strategy for Using Multicriteria Analysis in Decision-MakingThe SIMUS Method

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Publisher
Springer Netherlands
Copyright
© Springer Science+Business Media B.V. 2011
ISBN
978-94-007-1511-0
Pages
151 –167
DOI
10.1007/978-94-007-1512-7_6
Publisher site
See Chapter on Publisher Site

Abstract

[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 which considers all the objectives proposed, and produces a ranking of the different alternatives involved. SIMUS also develops a methodology to work with subjective criteria, something that is not allowed in the conventional LP method. SIMUS is demonstrated with an actual example which is complex enough to appreciate what the model can offer.]

Published: Jun 14, 2011

Keywords: Multiobjective structure; SIMUS; Thresholds; Objectives and attributes; Normalization

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