Multi-Criteria Decision Making

Multi-Criteria Decision Making (MCDM) is the decision-making techniques from some of the alternative options available. MCDM elements are attribute, objective, and purpose. Attribute to explain, to characterize an object. For example height, length and so on. Objective stated preference for the repair or attribute, such as age maximize, minimize price, and so forth. Objective can also be derived from the attributes of an objective, if the attribute is given a specific direction. Predetermined objectives. For example, a project has the objective to maximize profit, then the project has the goal of achieving profit of 10 million / month.

Criteria are the size, rules or standards that guide the decision-making. Decision-making is done through an election or formulate these attributes, objective-the objective, as well as different goals, the attributes, both objective and purpose is considered as a criterion. Criteria are built from basic human needs and the values ??of interest.

There are two kinds of categories of Multi-criteria decision making (MCDM), namely :
1. Multiple Objective Decision Making (MODM)
2. Multiple Attribute Decision Making (MADM)

Multiple Objective Decision Making (MODM) comes to the design (design), where mathematical optimization techniques are used, for a very large number of alternative (to infinity) and to answer the question what (what) and how much (how much). Multiple Attribute Decision Making (MADM), concerns the question of elections, where mathematical analysis is not very much needed or can be used for the selection of only a small number of alternatives to it. Method of Analytical Hierarchy Process (AHP) is part of the MADM technique.