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Triantaphyllou, E. (1997). A sensitivity analysis approach for some deterministic multi-criteria decision making methods. Decision Sciences, 28(1), 151–194. Added by: Klaus D. Goepel (06 Jun 2019 13:56:04 Asia/Singapore) Last edited by: Klaus D. Goepel (10 Jun 2019 01:34:58 Asia/Singapore) |
Resource type: Journal Article BibTeX citation key: Triantaphyllou1997 Email resource to friend View all bibliographic details |
Categories: AHP/ANP Keywords: sensitivity analysis, weighted product model (WPM), weighted sum model (WSM) Creators: Triantaphyllou Collection: Decision Sciences |
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Abstract |
Often data in multi-criteria decision making (MCDM) problems are imprecise and changeable. Therefore, an important step in many applications of MCDM is to perform a sensitivity analysis on the input data. This paper presents a methodology for performing a sensitivity analysis on the weights of the decision criteria and the performance values of the alternatives expressed in terms of the decision criteria. The proposed methodology is demonstrated on three widely used decision methods. These are the weighted sum model (WSM), the weighted product model (WPM), and the analytic hierarchy process (AHP). This paper formalizes a number of important issues on sensitivity analysis and derives some critical theoretical results. Also, a number of illustrative examples and computational experiments further illustrate the application of the proposed methodology.
Added by: Klaus D. Goepel Last edited by: Klaus D. Goepel |