Dealing with Multiattributed Descicisions - Compensatory models
8 important questions on Dealing with Multiattributed Descicisions - Compensatory models
What is a utile?
What are [3] noncompensatory models?
- Nondimensional scaling;
- Hurwicz procedure;
- Additive weighting technique;
What is nondimensional scaling?
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What are [2] important points to consider in normalisation?
- Nondimensional values should all have a common range;
- Dimensionless attributes should follow the same trend with respect to desirability;
What is the maximax rule considering normalization has been executed;
What is the hurwicz procedure?
alpha = 0 pure pessimism;
alpha = 1 pur optimism;
The best alternative is chosen on the basis of the weighted sum.
How to calculate the weighted sum in the hurwicz procedure?
alpha * (value best attribute) +
(1-alpha) * (value of the worst attribute;
Explain the additive weighting technique;
- Assign relative ranks | Ranks of importance of the attribute;
- Normalize relative ranks;
- Normalize attribute values for alternatives;
- Multiply 2 and 3;
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