Multi-criteria decision-making (MCDM) is one of the main problems which aims to determine best alternative by considering more than criterion in selection process. MCDM has manifold tools and methods that can be applied different fields from finance engineering design. This entry provide a survey on concept, its applications, categories, methods. The final section provides information statistic...

The development of a new product is complicated multi-stakeholder process with significant risk failure. This particularly true in the medical device sector, where there are strict therapeutic, psychological, and normative constraints. article presents multi-criteria decision making called “Define, Prioritize, Measure, Aggregate” (DPMA). DPMA designed to help engineering managers during devices...

making an informed decision with regards to a suitable business location or site selection for organizations is becoming challenging for business decision makers globally; and even more challenging in business environment that are saddled with uncertainties. the continues raise of multiple criteria variation of site preferences has also necessitated the application of advanced decision making t...