Multiple-Criteria Decision Analysis

Multiple-Criteria Decision Analysis (MCDA) is a common problem in real-life situations. This problem has three important elements, including experts, criteria, and alternatives. When there is a need to make a decision, the Multiple-Criteria Decision Analysis methods can help us. For example, when we want to decide which car is suitable to buy, it is a decision-making problem that can be solved using Multiple-Criteria Decision Analysis methods. For buying a car, criteria can be price, quality, comfort, etc. The available cars can be defined as alternatives. One of the most recent Multiple-Criteria Decision Analysis methods is the Ordinal Priority Approach. It can consider the three important elements of decision problem simultaneously which makes it different from other existing methods. There are several software which can solve the Multiple-Criteria Decision Analysis problems using the Ordinal Priority Approach at the speed of light.