Multi-Criteria Decision-Making (MCDM) Method | Simple Explanation

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This video explains the concept of Multi-Criteria Decision-Making methods using a simple example of six criteria and three alternatives.
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I'm so thankful for these videos. I'm doing my thesis on this and I hadn't understand it a lot until now. Thank you professor <3

soofibieber

THANK YOU Sir,
Very helpful video, this planet is glad to have you between us

MertD

Hello, this was a really great video! Could you elaborate more on what you said about ranking the criteria's (2:25)? What methods would be used to do this? Could you kindly point me in the right direction to explore this further as I may apply this to my thesis ☺

louisematiasivvelayo

Hi! Great video! Just a question, do weights need to be determined arbitrarily based on my own valuation of each criteria, or are there any type of steps I should follow in order to determine them? Thanks!

tomasfinucci

Good Morning Sir!
Sorry to disturb you.
Sir, if I want to rank few entities based on some beneficial and non-beneficial financial criteria having data value in positive, negative and zero, then (QUESTION 1) which MCDM techniques should I use to rank them?
(QUESTION 2) In such scenario, generally whether Distance-Based approach is preferable or outranking based approach is preferable?

TamladiptaSenBheem

Thank you prof.
Can you do a video about laddering method and hierrachical value mapping.

GBOLAGUNANTHONY

Kindly make a video on different MCDM methods and compare them. So that we can choose the best one

deepaligaikwad

Great video, thanks. Must weights always add up to 100? Is the percentage system the best approach?

tonyosime

Great work with Excellent sample...Thank You.

bioenerginusantara

how about Fuzzy BWM? i need more explanation

imtiazhabibb

sir could you explain this paper please? Dealing with value constraints in decision making using MCDM methods by Abdelkrim Abdelli, Lynda Mokdad, Youcef Hammal

hakankosebas

Nokia should have had a higher rating for price 😉...it was the lowest $600. Small typo but great video chief 👍

markbruce

Any video about DEMATEL approach please?

zewdutessema

You shouldn’t rate Nokia price base on 6.. logically is 9 because its the cheapest

toriton

I WANT TO SEE NEW VIDEOS HOW TO USE AHP SOFT WARE?

edaoamano

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