Hi dear researchers,
in everyday life we make decisions. Whether it is buying mobile phone, buying car, choosing investment, choosing suppliers, hiring employees, etc. To make better selection, we need to have alternatives, criteria, decision model,etc. However, all decision criteria do not have same importance or preference. For instance in buying mobile phone, you consider storage capacity, looks, price, camera, etc.How do you calculate weights for each criteria?
Learn how to estimate objectively criteria weights using mean,standard deviation and variance in this video
https://youtu.be/UxUrEwdAWr0
Best
Dr. Niyungeko
Thanks colleague, I have visited your Youtube lecture..
Regards,
Emad
You could generate a solutions population with any primary composition of weights compositions (first approximation) and to apply any of the available in literature MCDM mthods to the generated population.
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