Article ID: | iaor2006432 |
Country: | Netherlands |
Volume: | 138 |
Issue: | 1 |
Start Page Number: | 113 |
End Page Number: | 126 |
Publication Date: | Sep 2005 |
Journal: | Annals of Operations Research |
Authors: | Almeida Adiel Teixeira |
Keywords: | decision theory: multiple criteria |
A decision maker faces a choice among several alternatives of repair contract for a system. Each alternative of a repair contract implies specific results regarding the following characteristics or criteria: response time, quality service, dependability and related cost. This problem has been analysed through a multicriteria decision model. The model is based on the ELECTRE method combined with utility functions. Main theoretical aspects and practical implications are presented, including a numerical application.