Article ID: | iaor19891118 |
Country: | South Africa |
Volume: | 5 |
Start Page Number: | 1 |
End Page Number: | 23 |
Publication Date: | Nov 1989 |
Journal: | Orion |
Authors: | Zionts Stanley, Lotfi Vahid |
The purpose of this paper is to overview multiple criteria decision making (MCDM) and to consider certain recent developments in the field. MCDM refers to making decisions in the presence of multiple, usually conflicting, noncommensurate objectives. Multiple criteria decisions pervade all that we do. This paper first introduces certain MCDM concepts, then introduces several prototypical examples of MCDM problems, and then discusses the recent developments.