Introduction to the Analytic Hierarchy Process

Introduction to the Analytic Hierarchy Process
Author: Matteo Brunelli
Publsiher: Springer
Total Pages: 83
Release: 2014-12-29
Genre: Business & Economics
ISBN: 331912501X

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The Analytic Hierarchy Process (AHP) has been one of the foremost mathematical methods for decision making with multiple criteria and has been widely studied in the operations research literature as well as applied to solve countless real-world problems. This book is meant to introduce and strengthen the readers’ knowledge of the AHP, no matter how familiar they may be with the topic. This book provides a concise, yet self-contained, introduction to the AHP that uses a novel and more pedagogical approach. It begins with an introduction to the principles of the AHP, covering the critical points of the method, as well as some of its applications. Next, the book explores further aspects of the method, including the derivation of the priority vector, the estimation of inconsistency, and the use of AHP for group decisions. Each of these is introduced by relaxing initial assumptions. Furthermore, this booklet covers extensions of AHP, which are typically neglected in elementary expositions of the methods. Such extensions concern different numerical representations of preferences and the interval and fuzzy representations of preferences to account for uncertainty. During the whole exposition, an eye is kept on the most recent developments of the method.

Understanding the Analytic Hierarchy Process

Understanding the Analytic Hierarchy Process
Author: Konrad Kulakowski
Publsiher: CRC Press
Total Pages: 242
Release: 2020-11-10
Genre: Business & Economics
ISBN: 9781315392219

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One of the best-known methods of multi-criteria decision-making is the Analytic Hierarchy Process (AHP). This method provides a convenient and versatile framework for modeling multi-criteria decision problems, evaluating alternatives, and deriving final priorities. Rather than imposing a "correct" decision, AHP allows the user to create a ranking of alternatives, then choose the one which is the best (or among the best). At the core of AHP is a pairwise comparisons (PC) method. This is an old technique known in various forms since at least the Middle Ages. AHP uses and develops the PC method. The aim of Understanding the Analytic Hierarchy Process is to provide the reader with a critical guide to AHP. In this book, the AHP method is considered primarily as a mathematical technique supporting the decision-making process. Key Features Collects the ideas underpinning the AHP method and discusses them together with many improvements and extensions present in the literature. As a result, the reader will receive a much more complete picture of the method. Aimed at theorists and advanced practitioners from a wide range of scientific fields, including the social, management, and technical sciences. Highlights the intuitive assumptions underlying the mathematical methods that make up AHP and the pairwise comparisons method. Provides software code for readers who wish to practice AHP analysis using the Wolfram Language.

Applications and Theory of Analytic Hierarchy Process

Applications and Theory of Analytic Hierarchy Process
Author: Fabio De Felice,Antonella Petrillo,Thomas Saaty
Publsiher: BoD – Books on Demand
Total Pages: 324
Release: 2016-08-31
Genre: Business & Economics
ISBN: 9789535125600

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The purpose of this book is to provide an introduction to the theory and applications in the field of decision making, especially focused on Analytic Hierarchy Process, a structured technique for organizing and analyzing complex decisions, based on mathematics and psychology. It was developed by Prof. Thomas L. Saaty in the 1970s and has been extensively studied and refined since then. The idea of the book is to expand the reader's consciousness to deal with problems regarding the decision making. This book presents some application examples of Analytic Hierarchy. It contains original research and application chapters from different perspectives, and covers different areas such as supply chain, environmental engineering, safety, and social issues. This book is intended to be a useful resource for anyone who deals with decision making problems.

Practical Decision Making

Practical Decision Making
Author: Enrique Mu,Milagros Pereyra-Rojas
Publsiher: Springer
Total Pages: 111
Release: 2016-08-16
Genre: Business & Economics
ISBN: 9783319338613

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This book offers a simple introduction to the fundamentals and applications of the Analytic Hierarchy Process (AHP) without a pre-requisite for a sophisticated mathematical background. It provides a quick and intuitive understanding of the methodology using spreadsheet examples and explains in a step-by-step fashion how to use Super Decisions, a freely available software developed by the Creative Decisions Foundations. The book is intended to be a resource for decision makers with little or no exposure to the field of Operations Research (OR); however, the book can be used as a very gentle introduction to the AHP methodology and/or as an AHP hands-on supplement for standard OR textbooks. AHP is an intuitive and mathematically simple methodology in the field of multi-criteria decision making. Because of this, most AHP books assume the reader has basic OR mathematical background. However, AHP simplicity suggests that decision makers from all disciplines can take advantage of the methodology without struggling with the mathematics behind it. To fulfill this need, this book delivers a quick and practical understanding of the method that can be useful for corporate executives.

The Analytic Hierarchy Process

The Analytic Hierarchy Process
Author: Bruce L. Golden,Edward A. Wasil,Patrick T. Harker
Publsiher: Springer Science & Business Media
Total Pages: 265
Release: 2012-12-06
Genre: Business & Economics
ISBN: 9783642502446

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Management science is a di scipl ine dedicated to the development of techniques that enable decision makers to cope with the increasing complexity of our world. The early burst of excitement which was spawned by the development and successful applications of linear programming to problems in both the public and private sectors has challenged researchers to develop even more sophisticated methods to deal with the complex nature of decision making. Sophistication, however, does not always trans 1 ate into more complex mathematics. Professor Thomas L. Saaty was working for the U. S. Defense Department and for the U. S. Department of State in the late 1960s and early 1970s. In these positions, Professor Saaty was exposed to some of the most complex decisions facing the world: arms control, the Middle East problem, and the development of a transport system for a Third World country. While having made major contributions to numerous areas of mathematics and the theory of operations research, he soon realized that one did not need complex mathematics to come to grips with these decision problems, just the right mathematics! Thus, Professor Saaty set out to develop a mathematically-based technique for analyzing complex situations which was sophisticated in its simplicity. This technique became known as the Analytic Hierarchy Process (AHP) and has become very successful in helping decision makers to structure and analyze a wide range of problems.

Introduction to the Analytic Hierarchy Process

Introduction to the Analytic Hierarchy Process
Author: Matteo Brunelli
Publsiher: Springer
Total Pages: 83
Release: 2014-12-12
Genre: Business & Economics
ISBN: 9783319125022

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The Analytic Hierarchy Process (AHP) has been one of the foremost mathematical methods for decision making with multiple criteria and has been widely studied in the operations research literature as well as applied to solve countless real-world problems. This book is meant to introduce and strengthen the readers’ knowledge of the AHP, no matter how familiar they may be with the topic. This book provides a concise, yet self-contained, introduction to the AHP that uses a novel and more pedagogical approach. It begins with an introduction to the principles of the AHP, covering the critical points of the method, as well as some of its applications. Next, the book explores further aspects of the method, including the derivation of the priority vector, the estimation of inconsistency, and the use of AHP for group decisions. Each of these is introduced by relaxing initial assumptions. Furthermore, this booklet covers extensions of AHP, which are typically neglected in elementary expositions of the methods. Such extensions concern different numerical representations of preferences and the interval and fuzzy representations of preferences to account for uncertainty. During the whole exposition, an eye is kept on the most recent developments of the method.

Multicriteria Decision Making

Multicriteria Decision Making
Author: Thomas L. Saaty
Publsiher: Unknown
Total Pages: 479
Release: 1996-01-01
Genre: Electronic Book
ISBN: 0962031712

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Decision Making with the Analytic Network Process

Decision Making with the Analytic Network Process
Author: Thomas L. Saaty,Luis G. Vargas
Publsiher: Springer Science & Business Media
Total Pages: 363
Release: 2013-05-14
Genre: Business & Economics
ISBN: 9781461472797

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The Analytic Network Process (ANP), developed by Thomas Saaty in his work on multicriteria decision making, applies network structures with dependence and feedback to complex decision making. This new edition of Decision Making with the Analytic Network Process is a selection of the latest applications of ANP to economic, social and political decisions, and also to technological design. The ANP is a methodological tool that is helpful to organize knowledge and thinking, elicit judgments registered in both in memory and in feelings, quantify the judgments and derive priorities from them, and finally synthesize these diverse priorities into a single mathematically and logically justifiable overall outcome. In the process of deriving this outcome, the ANP also allows for the representation and synthesis of diverse opinions in the midst of discussion and debate. The book focuses on the application of the ANP in three different areas: economics, the social sciences and the linking of measurement with human values. Economists can use the ANP for an alternate approach for dealing with economic problems than the usual mathematical models on which economics bases its quantitative thinking. For psychologists, sociologists and political scientists, the ANP offers the methodology they have sought for some time to quantify and derive measurements for intangibles. Finally the book applies the ANP to provide people in the physical and engineering sciences with a quantitative method to link hard measurement to human values. In such a process, one is able to interpret the true meaning of measurements made on a uniform scale using a unit.