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.

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.

Models Methods Concepts Applications of the Analytic Hierarchy Process

Models  Methods  Concepts   Applications of the Analytic Hierarchy Process
Author: Thomas L. Saaty,Luis G. Vargas
Publsiher: Springer Science & Business Media
Total Pages: 346
Release: 2012-04-11
Genre: Business & Economics
ISBN: 9781461435976

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The Analytic Hierarchy Process (AHP) is a prominent and powerful tool for making decisions in situations involving multiple objectives. Models, Methods, Concepts and Applications of the Analytic Hierarchy Process, 2nd Edition applies the AHP in order to solve problems focused on the following three themes: economics, the social sciences, and the linking of measurement with human values. For economists, the AHP offers a substantially different approach to dealing with economic problems through ratio scales. Psychologists and political scientists can use the methodology to quantify and derive measurements for intangibles. Meanwhile researchers in the physical and engineering sciences can apply the AHP methods to help resolve the conflicts between hard measurement data and human values. Throughout the book, each of these topics is explored utilizing real life models and examples, relevant to problems in today’s society. This new edition has been updated and includes five new chapters that includes discussions of the following: - The eigenvector and why it is necessary - A summary of ongoing research in the Middle East that brings together Israeli and Palestinian scholars to develop concessions from both parties - A look at the Medicare Crisis and how AHP can be used to understand the problems and help develop ideas to solve them.

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: 273
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.

Mathematical Models for Decision Support

Mathematical Models for Decision Support
Author: Harvey J. Greenberg,Gautam Mitra,Freerk A. Lootsma,Marcel J. Rijckaert,Hans J. Zimmermann
Publsiher: Springer Science & Business Media
Total Pages: 740
Release: 2012-12-06
Genre: Computers
ISBN: 9783642835551

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It is quite an onerous task to edit the proceedings of a two week long institute with learned contributors from many parts of the world. All the same, the editorial team has found the process of refereeing and reviewing the contributions worthwhile and completing the volume has proven to be a satisfying task. In setting up the institute we had considered models and methods taken from a number of different disciplines. As a result the whole institute - preparing for it, attending it and editing the proceedings - proved to be an intense learning experience for us. Here I speak on behalf of the committee and the editorial team. By the time the institute took place, the papers were delivered and the delegates exchanged their views, the structure of the topics covered and their relative positioning appeared in a different light. In editing the volume I felt compelled to introduce a new structure in grouping the papers. The contents of this volume are organised in eight main sections set out below: 1 . Abstracts. 2. Review Paper. 3. Models with Multiple Criteria and Single or Multiple Decision Makers. 4. Use of Optimisation Models as Decision Support Tools. 5. Role of Information Systems in Decision Making: Database and Model Management Issues. 6. Methods of Artificial Intelligence in Decision Making: Intelligent Knowledge Based Systems. 7. Representation of Uncertainty in Mathematical Models and Knowledge Based Systems. 8. Mathematical Basis for Constructing Models and Model Validation.

The Analytic Hierarchy Process

The Analytic Hierarchy Process
Author: Thomas L. Saaty
Publsiher: Unknown
Total Pages: 506
Release: 1990
Genre: Business & Economics
ISBN: PSU:000059704591

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Planning, priority setting & resource allocation using the multicriteria decision making approach of the Analytic Hierarchy Process (AHP). Discover how to structure complex multi-person, multi-criteria, multi-time period problems with uncertainty & risk in hierarchic form, set priorities for the elements in each level according to their impact on the criteria or objectives of the next higher level, articulate your judgments through a series of pairwise comparisons, obtain a precise numerical measurement of the priority of each element, & synthesize all the judgments within the hierarchy to reach a best decision. THE ANALYTIC HIERARCHY PROCESS is a simple, yet powerful decision-making tool for planning, structuring priorities, weighing alternatives, allocating resources, analyzing policy impacts & resolving conflicts. This is the classical book on the AHP giving a complete grounding in the theory along with examples & applications. New theoretical results have been included in this revised & extended edition.

Practical Decision Making using Super Decisions v3

Practical Decision Making using Super Decisions v3
Author: Enrique Mu,Milagros Pereyra-Rojas
Publsiher: Springer
Total Pages: 115
Release: 2017-12-12
Genre: Business & Economics
ISBN: 3319683683

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This book offers a simple introduction to the theory and practice of the Analytic Hierarchy Process (AHP) without a pre-requisite for a sophisticated mathematical background. AHP is an intuitive and mathematically simple methodology in the field of multi-criteria decision making in Operational Research (OR). Using Super Decisions v3, the newly developed software by the Creative Decisions Foundations, this book provides a quick and intuitive understanding of AHP using spreadsheet examples and step-by-step software instructions. Super Decisions v3 marks a drastic departure from the previous version 2 in terms of interface and ratings model development. In addition to a concise guide, instructional videos are also available to demonstrate how to use the different features of Super Decisions v3. Most AHP books assume the reader has basic OR mathematical background; however, AHP was developed with the goal that decision makers can take advantage of this methodology without struggling with the mathematics behind it. For this reason, only basic arithmetic knowledge is required from the readers. In conclusion, this book delivers a quick and practical understanding of the AHP methodology that can be useful for corporate executives and decision-makers in all fields.