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A Multi-Attribute Decision Making Model Based on Distance from Decision Maker's Preferences

Year: 2013

Type: article

Abstract: This paper proposes a new multi-attribute ranking procedure based on distance from decision-maker preferences. This method has two phases. In the first phase, the decision maker is asked to define the preferred performance for each attribute. In the second phase, Weighted Sum method and new distance-based normalization procedure are used to determine the overall performance rating of alternatives.

Source: Informatica

DOI: 10.15388/informatica.2013.387

Authors: Dragisa Stanujkic, Nedeljko Magdalinovic, Rodoljub Jovanovic

Institution: Megatrend University

Language: English

Topic: Multi-Criteria Decision Making

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W47195181

FWCI: 3.408

Cites: 16

Cited by: 37

Related to: 10