Download PDFOpen PDF in browserOverview of Multi-Criteria Decision-Making (MCDM) MethodsEasyChair Preprint 1327214 pages•Date: May 13, 2024AbstractMulti-Criteria Decision-Making (MCDM) methods play a crucial role in complex decision-making processes by considering multiple criteria and preferences. This abstract provides an overview of MCDM methods, their applications, and their advantages and limitations. MCDM is a decision-making approach that addresses situations where decisions need to be made based on multiple criteria or objectives. It involves a structured process that encompasses problem formulation, criteria identification, alternative generation, evaluation and measurement of criteria, weighting and normalization, decision-making method development, alternative ranking and selection, and sensitivity analysis. Keyphrases: Analytic Hierarchy Process (AHP), Multi-Criteria Decision Making (MCDM), alternatives, criteria, decision making
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