Author:Zeleny, M.
Title:Multiple criteria decision making: eight concepts of optimality
Journal:Human Systems Management
1998 : VOL. 17:2, p. 97-108
Index terms:DECISION MAKING
MANAGEMENT
HUMAN RESOURCE MANAGEMENT
Language:eng
Abstract:Multiple Criteria Decision Making (MCDM) is firmly rooted in an alternative concept of optimality where multiple (rather than single) criteria characterize the notion of "the best" (or optimal) as is prevalent in the areas of economics, engineering, management and business. These are often constrained problems where search for an optimal solution requires some form of evaluating criteria performance tradeoffs. Because there are no tradeoffs along a single criterion, optimality is an essentially multi-criteria concept.
SCIMA record nr: 181354
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