Hello students
Welcome at the course deals with decision based on multiple criteria. I am Jiri Krupka and I would like to present my module which is focused on a multiple criteria decision making (MCDM) in transportation.
Certainly, you have met with a solving of a making good decision. You have listened about key words like a decision maker role, a set of criteria and alternatives, a decision table, criteria weights etc.
Why is understanding of MCDM important?
Because the MCDM reduces a subjective role of a decision maker. Because the decision making based on multiple criteria is closer to human reasoning.
In this module we will show and discuss knowledge which involves an application of Analytic Hierarchy Process (AHP) developed by Thomas L. Saaty. The making of the good decision based on AHP requires a common sense and the matrix algebra elementary knowledge, only.
After completing this module:
You will understand the AHP algorithm and recognize its advantage.
You will practise to Saaty’s matrix design.
On the basis of this algorithm you will study how to choose the best alternative.
Are you interesting in the module? Follow me, please. Watch the video presentation; read the study material; study example and solve the case study.
JMK